REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Travis Breton

travisbreton@gmail.com +1(760) 470-2752

Listed by Carlos Ascencio, DRE #01324790 • Real Brokerage Technologies

$ 1,200,000

Est. payment | -/mo

0.43 Acres Lot

Save

$ 1,200,000

Est. payment | -/mo

Save

0.43 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW26167418

Year Built 1977

Lot Size 0.430 Acres

Source California Regional MLS

Property Description

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

State CA

County San Bernardino

Area Hsp - Hesperia

Rooms

Kitchen Dishwasher, Oven Range - Electric

Interior

Heating Central Forced Air

Cooling Central AC

Laundry Laundry Area

Exterior

Parking Features Other

Garage Spaces 14.0

Pool 31, None

View None

Building

Story One Story

Water District - Public

Others

Tax ID 0410172450000

Special Listing Condition Not Applicable

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

GET MORE INFORMATION

California Real Estate

Welcome to RiseRealtyCA.com, your one-stop source for California real estate.

Use our state-of-the-art property search, including an interactive map search, to find homes for sale in California. These listings are updated daily from the MLS.

Or, use our Community Guide to help you in your search for California real estate listings. Our community searches will keep you up to date with the latest properties in the areas you are interested in.

And, for your convenience, be sure to register for a free account to receive email notifications whenever new homes for sale come on the market that match your specific criteria, and save your favorite properties for quick and easy access whenever you need — it's fast, easy, automatic and FREE! With a Property Tracker account, you'll be among the first to know about the newest homes for sale in California.

Thanks for visiting RiseRealtyCA.com, home of exquisite properties and excellent service.

9140 E Hesperia, CA 92345