REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 640,000
Est. payment | /mo
8 Beds
5 Baths
3,338 SqFt
$ 640,000
Est. payment | /mo
8 Beds
5 Baths
3,338 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,338 sqft
Price per Sqft $191
MLS Listing ID CRIV25081788
Bedrooms 8
Full Baths 5
HOA Y/N No
Year Built 1986
Lot Size 8,687 Sqft
Acres 0.1994
Property Sub-Type Single Family Residence
Property Description
Welcome to 18140 Poinciana Rd—a well-maintained fourplex offering immediate cash flow and upside potential in the fast-growing High Desert region. Priced at $640,000, this two-story building consists of four spacious units: one 3-bed/2-bath, two 2-bed/1-bath, and one 1-bed/1-bath, totaling approximately 3,338 rentable square feet on a 0.20-acre lot. Current rents generate a Gross Scheduled Income of $61,236 annually with market rents projected at $70,080—offering an attractive path to a 7.35% pro forma CAP rate. With a current CAP of 6.34% and pro forma GRM of 9.13, this property provides strong fundamentals with room for rent growth. Operating expenses are efficient at 30–32%, and tenants pay their own utilities (gas/electric).
Location
State CA
County San Bernardino
Interior
Cooling Central Air
Fireplaces Type See Remarks
Fireplace Yes
Laundry None
Exterior
Garage Spaces 4.0
Pool None
View Y/N true
View Other
Total Parking Spaces 4
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two Story
New Construction No
Schools
School District Adelanto
Others
Tax ID 0459491350000
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by DARREN CORREA • LE INVESTMENT GROUP