9140 E Hesperia, CA 92345
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26167418
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1977
Lot Size 0.430 Acres
Property Sub-Type Mixed Use
Property Description
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
Location
State CA
County San Bernardino
Area Hsp - Hesperia
Rooms
Other Rooms Storage
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Range
Laundry Common Area
Exterior
Parking Features Asphalt
Fence Chain Link
Pool None
Community Features Street Lights, Sidewalks, Park
Utilities Available Water Connected
View Y/N No
View None
Accessibility Parking
Total Parking Spaces 14
Private Pool No
Building
Lot Description Near Park
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Storage
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 0410172450000
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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