Home | San Bernardino County | Hesperia | 92345 | 9140 E
MLS: CRPW26167418 | Status: | Price: $1,200,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 18,750 | 1977 |
Investment Opportunity: 9140 E Avenue, Hesperia, CA Seven-unit multifamily investment offering immediate cash flow with clear upside. Each of the seven units features a 2-bedroom, 1-bathroom layout, and all units have been fully remodeled and are 100% leased — delivering stabilized income from day one. Currently producing a 7.69% cap rate, this asset offers significant upside potential: bringing rents to market value would push the cap rate to 8.64%, making this a compelling value-add opportunity for investors seeking strong in-place returns with room to grow. Ideally located in Hesperia within the High Desert submarket, this turnkey property is well-suited for both 1031 exchange buyers and investors looking to add a low-maintenance, cash-flowing asset to their portfolio. With recent renovations already completed, ownership can step in without deferred maintenance concerns and simply execute a rent growth strategy to capture additional yield. Highlights: * 7 units, all 2BR/1BA * Fully remodeled, 100% occupied * 7.69% current cap rate / 8.64% pro forma at market rents * Turnkey — renovations complete, minimal capex needed * Strong upside through organic rent growth
| Field | Value |
|---|---|
| MLS # | CRPW26167418 |
| MLS Source | California Regional MLS |
| Days on Site | 8 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Oven Range - Electric |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Garage/Parking | Other, Garage: 0 Car(s) |
| HOA Fee | $0 |
Carlos Ascencio
Real Brokerage Technologies
License #: 01324790
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 7 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Krystal School Of Science, Math & Technology | public | K-6 | 1.15 mi | 8 |
| Ranchero Middle School | public | 7-8 | 1.57 mi | 2 |
| Kingston Elementary School | public | K-6 | 1.91 mi | 4 |
| Lime Street Elementary School | public | K-6 | 2.99 mi | 2 |
| Sultana High School | public | 9-12 | 3.31 mi | 7 |
| Mesa Grande Elementary School | public | K-6 | 4.00 mi | 4 |
| Juniper Elementary School | public | K-6 | 4.14 mi | 2 |
| Cottonwood Elementary School | public | K-6 | 4.34 mi | 4 |
| Shadow Ridge School | public | K-12 | 4.58 mi | 3 |
| Mesquite Trails Elementary School | public | K-6 | 4.68 mi | 7 |
| Carmel Elementary School | public | K-6 | 5.00 mi | 4 |
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This listing information is up-to-date as of July 31, 2026. For the most current information, please contact Carlos Ascencio.