9140 E, Hesperia, California image 1
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9140 E

Hesperia, CA 92345
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$1,200,000 $5,059/Mo
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Bed 14

Bed

Bath 7

Bath

SqFt18,750

Sqft(Lot)

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. Wi th 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,200,000

AD Id : 88896875

MLS Id : PW26167418

Beds : 14

Lot Size : 18,750 Sq. Ft

Year Built : 1977

County : San Bernardino

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Feature Features

  • Interior Features

    AllBedroomsDown
    Appliances: Dishwasher, ElectricRange
    Laundry Features: CommonArea

  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1977
    Building Area Total: 5876
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 18750 Lot Size Acres: 0.4304 Lot Size Source: Assessor Lot Size Square Feet: 18,750 Lot Description: NearPark

  • Listing Price Information

    Listing Price: $1200000
    Cash, CashToNewLoan, Conventional, Exchange1031, Submit

  • Tax Information

    Parcel Number: 0410172450000 Tax Lot: 20 Tax Block: 90

  • Utility Information

    WaterConnected

  • Location Information

    Direction: Driving directions from Hwy 395: East on Main St, right on E Ave, property on the right just past 9th St. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
18785 Talisman, Hesperia, CA, 92345 $544,999 3 3 2,384 37,050 Sq. Ft
18778 Valencia, Hesperia, CA, 92345 $349,000 2 1 804 26,568 Sq. Ft
8944 Glendale Avenue, Hesperia, CA, 92345 $419,900 6 2 1,976 23,900 Sq. Ft
11694 Pepper Street, Hesperia, CA, 92345 $439,990 3 2 1,439 36,000 Sq. Ft
11890 Jacaranda, Hesperia, CA, 92345 $379,900 3 2 1,242 28,000 Sq. Ft
18269 Manzanita, Hesperia, CA, 92345 $799,000 4 4 3,381 31,200 Sq. Ft
18282 Manzanita, Hesperia, CA, 92345 $394,900 2 2 1,048 20,000 Sq. Ft
18266 Manzanita, Hesperia, CA, 92345 $499,000 4 3 2,321 20,000 Sq. Ft
18358 Catalpa, Hesperia, CA, 92345 $410,000 4 2 1,566 19,500 Sq. Ft
18332 Catalpa, Hesperia, CA, 92345 $565,900 4 3 2,198 19,500 Sq. Ft

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/17/2026 @ 00:59

MLS: PW26167418 LISTED BY: Carlos Ascencio, Real Brokerage Technologies 916-848-7554 SOURCE: CRMLS

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