Active

9140 E

Hesperia, CA 92345
Mark as Favorite
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

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,200,000

AD Id : 88896875

MLS Id : PW26167418

Beds : 14

Lot Size : 18,750 Sqft

Year Built : 1977

County : San Bernardino

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

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
Sell a home like this and save $71,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
18785 Talisman, Hesperia, CA, 92345 $544,999 3 2 2,384 2,384 SqFt
18686 Lilac Street, Hesperia, CA, 92345 $364,950 3 1 1,078 1,078 SqFt
18550 Eucalyptus, Hesperia, CA, 92345 $1,430,000 3 3 4,196 4,196 SqFt
8944 Glendale Avenue, Hesperia, CA, 92345 $419,900 6 2 1,976 1,976 SqFt
11694 Pepper Street, Hesperia, CA, 92345 $449,990 3 2 1,439 1,439 SqFt
11890 Jacaranda, Hesperia, CA, 92345 $399,900 3 2 1,242 1,242 SqFt
19014 Vine, Hesperia, CA, 92345 $399,000 3 2 1,495 1,495 SqFt
18282 Manzanita, Hesperia, CA, 92345 $408,900 2 2 1,048 1,048 SqFt
18332 Catalpa, Hesperia, CA, 92345 $576,990 4 3 2,198 2,198 SqFt
9164 Quincy Avenue, Hesperia, CA, 92345 $405,000 5 2 1,767 1,767 SqFt

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 08/01/2026 @ 18:30

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

Homes around $1,200,000

Selling? Save $71,501 when you sell a home like this

Tour with a ByOwner Agent