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$1,200,000
5 Days On Site

9140 E
Hesperia, CA 92345

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
5,876
SqFt
$204
/SqFt
1977
Built
County:
San Bernardino
Listed by Carlos Ascencio of Real Brokerage Technologies [email protected]

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949-774-8692
9140 E9140 E9140 E9140 E
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Monthly Payment (Est.)

$5,475
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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

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Listing Snapshot
Price 
$1,200,000
Days On Site 
5 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,876 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4304 Acres
Year Built 
1977
MLS® Number 
PW26167418
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing first seen on site
6 days agoListing updated with changes from the MLS®
General Features
Acres 
0.4304
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
Asphalt
Parking Spaces 
14
Property Condition 
Updated/Remodeled
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5876
Utilities 
Water Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherElectric Range
Cooling 
Central Air
Fireplace Features 
None
Heating 
Central
Laundry Features 
Common Area
Bedroom 
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Exterior Features
Fencing 
Chain Link
Other Structures 
Storage
Pool Features 
None
Road Frontage 
City Street
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
1
Community Features 
Street LightsSidewalksPark
Financing Terms Available 
CashConventionalSubmit1031 Exchange
MLS Area 
HSP - Hesperia
Roads 
Paved


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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