18140 Poinciana Rd | Image 1

$700,000

Sold

A year ago

MLS® IV25081788

8 Bed

5 Bath

3338 sqft

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size 3338 sqft
Garage Yes
Taxes 
Lot Size 0.1994 acres
Approx. Age 1986
Avg. Price Per Sqft $209
MLS® Number IV25081788

Property Address: 18140 Poinciana Rd, Adelanto, CA, 92301-2082

Average square foot calculated using Size range provided by listing agent.

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$700, 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, 338rentable 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 6.63% pro forma CAP rate. With a current CAP of 5.83% and pro forma GRM of 9.99, this property provides strong fundamentals with room for rent growth. Operating expenses are efficient at 32%, and tenants pay their own utilities (gas/electric).
MLS® NumberIV25081788
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.1994
Exterior
GarageYes
Approx. Age1986
Basement
Driveway
Garage Spaces4
Heat
A/C
Heating Fuel

Extras

Price History

Oct 15, 2025End Date
$650,000Sold Price

Sold

Apr 14, 2025List Date
$700,000List Price
  • Commute

Commute

Starting Address
Destination Address
18140 Poinciana Rd, Adelanto, CA

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