Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

7

Building size

5,876 sqft

Lot size

18,750 sqft

Year built

1977

Stories

1

Garage spaces

0

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

0

MLS #

245426136

About this property

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

Location

9140 E

Hesperia, San Bernardino, CA, 92345