Turnkey 4-Unit Investment generating $5,560 per month in gross rental income*
If you’re looking for a clean, income-producing multifamily property without renovation headaches, this is an ideal opportunity.
This well-maintained 4-unit property has undergone approximately $200,000 in renovations within the past two years, significantly reducing near-term maintenance concerns. The unit mix includes:
1 – Three-Bedroom
2 – Two-Bedroom
1 – One-Bedroom
With multiple units creating diversified cash flow and major improvements already completed, this property offers a strong foundation for building long-term wealth through multifamily ownership.
For sale
Listing Provided by: Coldwell Banker Commercial Rea
$725,000
18117 Poinciana Rd, Adelanto, CA 92301
8beds
5baths
3,576sqft
Est.:
Multi Family
Built in 1983
-- sqft lot
$717,000 Zestimate®
$203/sqft
$-- HOA
What's special
- 11 hours |
- 45 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: 12 hours ago
Listing Provided by:
Jerrad Schendel DRE #01971338 jerrad.schendel@cbcinland.com,
Coldwell Banker Commercial Rea,
Robert Basen DRE #00521368,
Coldwell Banker Commercial Rea
Source: CRMLS,MLS#: HD26037851
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,576
- Total interior livable area: 3,576 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Entry location: front
- Pool features: None
Lot
- Size: 8,658 Square Feet
- Features: Front Yard, Rectangular Lot, Street Level
Details
- Parcel number: 0459491030000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Public
Community & HOA
Community
- Features: Biking
Location
- Region: Adelanto
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $190,873
- Annual tax amount: $2,266
- Date on market: 3/4/2026
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Estimated market value
$717,000
$681,000 - $753,000
$1,583/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Listed for sale | $725,000+447.2%$203/sqft |
Source:  CRMLS #HD26037851 Report a problem | ||
| 3/5/2016 | Listing removed | $600 |
Source: Zillow Rental Manager Report a problem | ||
| 1/12/2016 | Listed for rent | $600 |
Source: Postlets Report a problem | ||
| 4/30/2013 | Sold | $132,500-52.9%$37/sqft |
Source: Public Record Report a problem | ||
| 8/21/2012 | Sold | $281,499+108.5%$79/sqft |
Source: Public Record Report a problem | ||
| 4/16/2003 | Sold | $135,000+13.6%$38/sqft |
Source: Public Record Report a problem | ||
| 8/20/1998 | Sold | $118,842-13.3%$33/sqft |
Source: Public Record Report a problem | ||
| 12/29/1997 | Sold | $137,006$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,266 +7.1% | $190,873 +2% |
| 2024 | $2,116 +1% | $187,130 +2% |
| 2023 | $2,096 +1.9% | $183,461 +2% |
| 2022 | $2,057 -5.6% | $179,864 +2% |
| 2021 | $2,179 +1.9% | $176,337 +1% |
| 2020 | $2,139 +0.7% | $174,529 +2% |
| 2019 | $2,124 -1.1% | $171,106 +2% |
| 2018 | $2,148 +3% | $167,751 +2% |
| 2017 | $2,085 | $164,462 +2% |
| 2016 | $2,085 +2% | $161,237 +1.5% |
| 2015 | $2,045 +3.8% | $158,815 +2% |
| 2014 | $1,970 | $155,704 +55.7% |
| 2013 | -- | $100,000 -35.8% |
| 2012 | -- | $155,665 +2% |
| 2011 | -- | $152,613 +0.8% |
| 2010 | -- | $151,473 -0.2% |
| 2009 | -- | $151,833 +2% |
| 2008 | -- | $148,856 +2% |
| 2007 | -- | $145,938 +2% |
| 2006 | -- | $143,077 +2% |
| 2005 | -- | $140,272 +2% |
| 2004 | -- | $137,521 +164.7% |
| 2003 | -- | $51,958 +2% |
| 2002 | -- | $50,939 +2% |
| 2001 | -- | $49,940 +2% |
| 2000 | -- | $48,960 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,117/mo
Principal & interest
$3434
Property taxes
$683
Climate risks
Neighborhood: 92301
Getting around
24 / 100
Car-DependentNearby schools
GreatSchools rating
- 2/10Westside Park Elementary SchoolGrades: K-5Distance: 0.2 mi
- 1/10Mesa Linda Middle SchoolGrades: 6-8Distance: 6.8 mi
- 3/10Adelanto High SchoolGrades: 9-12Distance: 3.5 mi
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