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).
Sold for $650,000
Listing Provided by:
DARREN CORREA DRE #02066621 714-310-2840,
LE INVESTMENT GROUP
Bought with: CENTURY 21 SYNERGIA REALTY
$650,000
18140 Poinciana Rd, Adelanto, CA 92301
8beds
3,338sqft
Quadruplex
Built in 1986
-- sqft lot
$649,900 Zestimate®
$195/sqft
$2,845 Estimated rent
Home value
$649,900
$591,000 - $715,000
$2,845/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 19, 2025 at 02:59pm
Listing Provided by:
DARREN CORREA DRE #02066621 714-310-2840,
LE INVESTMENT GROUP
Bought with:
SANDY HERNANDEZ, DRE #01896474
CENTURY 21 SYNERGIA REALTY
Source: CRMLS,MLS#: IV25081788
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 1
- Main level bedrooms: 1
Cooling
- Central Air
Appliances
- Laundry: None
Features
- Has fireplace: Yes
- Fireplace features: See Remarks
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 3,338 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
- Attached garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Desert
Lot
- Size: 8,687 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 0459491350000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Rural
Location
- Region: Adelanto
Other
Other facts
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2025 | Sold | $650,000-7.1%$195/sqft |
Source:  CRMLS #IV25081788 Report a problem | ||
| 12/9/2025 | Pending sale | $700,000$210/sqft |
Source: CRMLS #IV25081788 Report a problem | ||
| 10/24/2025 | Contingent | $700,000$210/sqft |
Source: CRMLS #IV25084672 Report a problem | ||
| 5/21/2025 | Listed for sale | $700,000$210/sqft |
Source: CRMLS #IV25084672 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92301
Nearby schools
GreatSchools rating
- 2/10Westside Park Elementary SchoolGrades: K-5Distance: 0.2 mi
- 1/10Mesa Linda Middle SchoolGrades: 6-8Distance: 6.9 mi
- 3/10Adelanto High SchoolGrades: 9-12Distance: 3.5 mi
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Estimated market value
$649,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$649,900