Welcome to 18140 Poinciana Rd—a well-maintained fourplex presenting immediate cash flow and upside potential in the fast-growing High Desert region. Priced at$700,000, this two-story building consists of four spacious units: one 3-bed/2-bath, two 2-bed/1-bath, and one 1-bed/1-bath, totaling approximately 3,338rentable square feet on a 0.20-acre lot. Current rents generate a Gross Scheduled Income of $61,236 annually with market rents projected at $70,080—offering an attractive path to a 6.63% pro forma CAP rate. With a current CAP of 5.83% and pro forma GRM of 9.99, this property provides strong fundamentals with room for rent growth. Operating expenses are efficient at 32%, and tenants pay their own utilities (gas/electric).
Multi-familyProperty Type
1986Year Built
8,687 sq ftLot Size
$195Price/Sq.Ft.
4 car garageParking
Listed by DARREN CORREA•DRE #02066621• LE INVESTMENT GROUP
Contact: 714-310-2840
Bought with SANDY HERNANDEZ•DRE #01896474• CENTURY 21 SYNERGIA REALTY
Welcome to 18140 Poinciana Rd—a well-maintained fourplex offering immediate cash flow and upside potential in the fast-growing High Desert region. Priced at$700,000, this two-story building consists of four spacious units: one 3-bed/2-bath, two 2-bed/1-bath, and one 1-bed/1-bath, totaling approximately 3,338rentable square feet on a 0.20-acre lot. Current rents generate a Gross Scheduled Income of $61,236 annually with market rents projected at $70,080—offering an attractive path to a 6.63% pro forma CAP rate. With a current CAP of 5.83% and pro forma GRM of 9.99, this property provides strong fundamentals with room for rent growth. Operating expenses are efficient at 32%, and tenants pay their own utilities (gas/electric).
CRMLS #431316
Sep 20, 2013
Sold
$150,000
$45/sq ft
Jul 10, 2013
Listed
$150,000
$45/sq ft
SDMLS #301747714
Sep 20, 2013
Sold
$150,000
$45/sq ft
Jul 10, 2013
Listed
$150,000
$45/sq ft
Association Amenities: NonePAVE Model 14 # of Full Baths: 0 Model 15 # of Full Baths: 0 Model 1 # 1/2 Baths: 0 Model 2 # 1/2 Baths: 0 Model 3 # 1/2 Baths: 0 Model 4 # 1/2 Baths: 0 Model 5 # 1/2 Baths: 0 Model 6 # 1/2 Baths: 0 Model 7 # 1/2 Baths: 0 Model 8 # 1/2 Baths: 0 Model 9 # 1/2 Baths: 0 Model 10 # 1/2 Baths: 0 Model 11 # 1/2 Baths: 0 Model 12 # 1/2 Baths: 0 Model 13 # 1/2 Baths: 0 Model 14 # 1/2 Baths: 0 Model 15 # 1/2 Baths: 0 Model 14 Bedrooms: 0 Model 15 Bedrooms: 0 Model 14 # Of Units: 0 Model
Association Amenities: NonePAVE Model 14 # of Full Baths: 0 Model 15 # of Full Baths: 0 Model 1 # 1/2 Baths: 0 Model 2 # 1/2 Baths: 0 Model 3 # 1/2 Baths: 0 Model 4 # 1/2 Baths: 0 Model 5 # 1/2 Baths: 0 Model 6 # 1/2 Baths: 0 Model 7 # 1/2 Baths: 0 Model 8 # 1/2 Baths: 0 Model 9 # 1/2 Baths: 0 Model 10 # 1/2 Baths: 0 Model 11 # 1/2 Baths: 0 Model 12 # 1/2 Baths: 0 Model 13 # 1/2 Baths: 0 Model 14 # 1/2 Baths: 0 Model 15 # 1/2 Baths: 0 Model 14 Bedrooms: 0 Model 15 Bedrooms: 0 Model 14 # Of Units: 0 Model 14 # Of Units: 0 Model 1 # 1/4 Baths: 0 Model 2 # 1/4 Baths: 0 Model 3 # 1/4 Baths: 0 Model 4 # 1/4 Baths: 0 Model 5 # 1/4 Baths: 0 Model 6 # 1/4 Baths: 0 Model 7 # 1/4 Baths: 0 Model 8 # 1/4 Baths: 0 Model 9 # 1/4 Baths: 0 Model 10 # 1/4 Baths: 0 Model 11 # 1/4 Baths: 0 Model 12 # 1/4 Baths: 0 Model 13 # 1/4 Baths: 0 Model 14 # 1/4 Baths: 0 Model 15 # 1/4 Baths: 0 Model 14 Rent: 0.00 Model 15 Rent: 0.00 Model 1 SQFT: 0 Model 2 SQFT: 0 Model 3 SQFT: 0 Model 4 SQFT: 0 Model 5 SQFT: 0 Model 6 SQFT: 0 Model 7 SQFT: 0 Model 8 SQFT: 0 Model 9 SQFT: 0 Model 10 SQFT: 0 Model 11 SQFT: 0 Model 12 SQFT: 0 Model 13 SQFT: 0 Model 14 SQFT: 0 Model 15 SQFT: 0 Model 1 # 3/4 Baths: 0 Model 2 # 3/4 Baths: 0 Model 3 # 3/4 Baths: 0 Model 4 # 3/4 Baths: 0 Model 5 # 3/4 Baths: 0 Model 6 # 3/4 Baths: 0 Model 7 # 3/4 Baths: 0 Model 8 # 3/4 Baths: 0 Model 9 # 3/4 Baths: 0 Model 10 # 3/4 Baths: 0 Model 11 # 3/4 Baths: 0 Model 12 # 3/4 Baths: 0 Model 13 # 3/4 Baths: 0 Model 14 # 3/4 Baths: 0 Model 15 # 3/4 Baths: 0 Furnishings: None Patio: NO Special Features: None
CRMLS #147745
Mar 8, 1999
Sold
$44,000
$13/sq ft
Public Records
Nov 18, 1988
Sold
$72,500
$22/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,184 (+7.1%)
$24,518 + $159,361
$183,879
2024
$2,039 (+1.0%)
$24,518 + $159,361
$183,879
2023
$2,020 (+1.9%)
$23,566 + $153,173
$176,739
2022
$1,983 (−5.6%)
$23,566 + $153,173
$176,739
2021
$2,100 (+1.9%)
$23,104 + $150,170
$173,274
2020
$2,061 (+0.7%)
$22,651 + $147,225
$169,876
2019
$2,047 (−1.1%)
$22,419 + $145,715
$168,134
2018
$2,070 (+3.0%)
$21,979 + $142,858
$164,837
2017
$2,010 (+2.0%)
$21,125 + $137,311
$158,436
2016
$1,971 (+3.8%)
$21,125 + $137,311
$158,436
2015
$1,898 (+0.9%)
$20,711 + $134,619
$155,330
2014
$1,881 (+162.6%)
$20,000 + $130,000
$150,000
2013
$716 (+2.4%)
$20,000 + $130,000
$150,000
2012
$699 (+3.8%)
$7,638 + $49,652
$57,290
2011
$674 (+1.4%)
$7,488 + $48,678
$56,166
2010
$664 (+2.3%)
$7,341 + $47,724
$55,065
2009
$650 (+7.9%)
$7,286 + $47,367
$54,653
2008
$602
$7,303 + $47,480
$54,783
Tax history for 18140 Poinciana Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,184 (+7.1%)
$24,518 + $159,361
$183,879
2024
$2,039 (+1.0%)
$24,518 + $159,361
$183,879
2023
$2,020 (+1.9%)
$23,566 + $153,173
$176,739
2022
$1,983 (−5.6%)
$23,566 + $153,173
$176,739
2021
$2,100 (+1.9%)
$23,104 + $150,170
$173,274
2020
$2,061 (+0.7%)
$22,651 + $147,225
$169,876
2019
$2,047 (−1.1%)
$22,419 + $145,715
$168,134
2018
$2,070 (+3.0%)
$21,979 + $142,858
$164,837
2017
$2,010 (+2.0%)
$21,125 + $137,311
$158,436
2016
$1,971 (+3.8%)
$21,125 + $137,311
$158,436
2015
$1,898 (+0.9%)
$20,711 + $134,619
$155,330
2014
$1,881 (+162.6%)
$20,000 + $130,000
$150,000
2013
$716 (+2.4%)
$20,000 + $130,000
$150,000
2012
$699 (+3.8%)
$7,638 + $49,652
$57,290
2011
$674 (+1.4%)
$7,488 + $48,678
$56,166
2010
$664 (+2.3%)
$7,341 + $47,724
$55,065
2009
$650 (+7.9%)
$7,286 + $47,367
$54,653
2008
$602
$7,303 + $47,480
$54,783
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
73 ft.
Lot depth
119 ft.
Lot size
8,687 Sq. Ft.
Year renovated
1986
Sq. Ft.
3,338
Year built
1986
Style
Multi-Family (2-4 Unit)
County
San Bernardino County
APN
0459 491 35 0 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 19, 2026.
R-M12
Medium Density Residential District
The Medium Density Residential R-M12 zone district permits a variety of residential development types, including single-family attached townhouses, two-story townhouses, condominiums, and low-density garden apartments. Densities may range up to 12 units per gross acre.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Educational/school
Park & open space
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 4
# of Parking Spaces: 4
Interior
Laundry Information
None
Interior Features
Entry Level: 1
Entry Location: 1
Unit Type 1 Information
Unit Key Numeric: 403997642
Listing Key Numeric: 374258442
Actual Rent: $1,200
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,200
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 403997643
Listing Key Numeric: 374258442
Actual Rent: $2,600
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 2
Total Rent: $2,600
Total # of Units: 2
Unit Type 3 Information
Listing Key Numeric: 374258442
Unit Key Numeric: 403997644
Actual Rent: $1,303
Total # of Baths: 2
# of Baths Full: 2
Total # of Beds: 3
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $1,303
Total # of Units: 1
Expenses
Fuel Expense: $1,313
Trash: $1,313
Total: $19,288
Insurance: $3,000
Water Sewer: $1,313
Electric: $1,313
Multi-Unit Information
Net Operating Income: $40,809
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 3,338
Gross Scheduled Income: $61,236
Gross Income: $61,956
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 5
# Of Separate Electric Meters: 5
# Of Buildings: 1
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre
Property Information
Common Interest: Community Apartment
Total # of Units: 4
Common Walls: 2+ common walls
Parcel Number: 0459491350000
Attached Property
Total # of Stories: 2
Year Built Source: Public Records
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $19,288
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Rural
Location Information
Latitude: 34.58043100
Longitude: -117.42521600
Directions: From Highway 395, head west on Rancho Rd, turn right on Bellflower St, then left on Poinciana Rd. Property will be on the left.
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,338
Stories: —
Lot Size: 8,687 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1986
Year Renovated: 1986
County: San Bernardino County
APN: 0459 491 35 0 000
Home facts updated by county records on Sep 19, 2026
Other
Listing Information
IDX Contact Info: 714-310-2840
Days Active in MLS: 165
Continuous Days Active in MLS: 165
Listing Agent Information
List Agent First Name: DARREN
List Agent Last Name: CORREA
Listing Office Information
List Office Name: LE INVESTMENT GROUP
Selling Agent Information
Buyer Agent First Name: SANDY
Buyer Agent Last Name: HERNANDEZ
Selling Office Information
Buyer Office Name: CENTURY 21 SYNERGIA REALTY
Around this home
Schools
Westside Park Elementary School
Public K-5 • Assigned • 0.2mi
2/10
Mesa Linda Middle School
Public 6-8 • Assigned • 6.8mi
1/10
Adelanto High School
Public 9-12 • Assigned • 3.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
4% chance of being in a wildfire in next 30 years
7/10 Heat Factor
5 days above 99° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
16 unhealthy days expected this year, 20 days in 30 years
Provided by First Street
Historical weather
Adelanto, CA • 92301
Average low and high temperatures (°F)
59
35
66
41
74
46
75
47
84
55
95
63
99
68
99
69
91
63
82
54
67
42
65
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.2 hours in
June and 6.6 hours in December, placing it above the
U.S. average for solar exposure.
11.2 hrs
6.6 hrs
JuneDecember
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