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Sold$650,000on Dec 18, 2025
18140 Poinciana Road, Adelanto, Ca 92301
LE INVESTMENT GROUP
6Beds
4Baths
184Days Listed
About This Property
Welcome to 18140 Poinciana Rda well-maintained fourplex presenting 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 $70,080offering 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).
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 6
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Sold
- Days on Market
- 184
- Cumulative Days on Market
- 182
- Original Price
- $640,000
Location & Neighborhood
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
Adelanto Market Snapshot
520
Active Listings
$100K
Median Price
255
Avg Days on Market
Last updated: Dec 20, 2025
More Sold Properties in Adelanto
View allListed by
DARREN CORREA, LE INVESTMENT GROUP · 714-310-2840
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$700,000