9140 E, Hesperia, CA 92345
Local realty services provided by:CENTURY 21 Village Realty
9140 E,Hesperia, CA 92345
$1,200,000
- - Beds
- - Baths
- 5,876 sq. ft.
- Multi-family
- Active
Listed by: carlos ascencio
Office: real brokerage technologies916-848-7554
MLS#:PW26167418
Source:CRMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$204.22
About this home
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...
Contact an agent
Home facts
- Year built:1977
- Listing ID #:PW26167418
- Added:44 day(s) ago
- Updated:September 14, 2026 at 11:13 AM
Rooms and interior
- Kitchen Description:Dishwasher, Electric Range
- Living area:5,876 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1977
- Building area:5,876 sq. ft.
- Lot area:0.43 Acres
- Lot Features:Near Park
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$204.22
Features and amenities
- Appliances:Dishwasher, Electric Range
- Amenities:All Bedrooms Down
Parking
- Total parking spaces:14
- Parking description:Asphalt
New listings near 9140 E
- Coming Soon
$379,000Coming Soon3 beds 2 baths1,420 sq. ft.8878 Sabina Avenue, Hesperia, CA 92345
MLS# PTP2606912Listed by: BUYSDHOUSES - Coming Soon
$428,888Coming Soon3 beds 2 baths1,578 sq. ft.16469 Mesquite, Hesperia, CA 92345
MLS# CV26197801Listed by: PAK HOME REALTY - Coming Soon
$189,999Coming Soon2 beds 2 baths1,274 sq. ft.12550 Main #120, Hesperia, CA 92345
MLS# HD26196101Listed by: REALTY ONE GROUP EMPIRE - Coming Soon
$415,000Coming Soon3 beds 2 baths1,661 sq. ft.18606 Main, Hesperia, CA 92345
MLS# HD26196105Listed by: REALTY ONE GROUP EMPIRE - Coming Soon
$490,000Coming Soon4 beds 2 baths1,823 sq. ft.8899 Guava, Hesperia, CA 92345
MLS# IV26194741Listed by: KW MOJAVE - Coming Soon
$419,000Coming Soon2 beds 1 baths972 sq. ft.17752 Lemon Street, Hesperia, CA 92345
MLS# HD26194114Listed by: FIRST TEAM REAL ESTATE-HIGHDES - Coming Soon
$565,000Coming Soon3 beds 2 baths2,217 sq. ft.17915 Westlawn, Hesperia, CA 92345
MLS# TR26190847Listed by: GOOD FAITH INVESTMENTS, INC - Coming Soon
$425,000Coming Soon4 beds 3 baths2,335 sq. ft.17821 Mauna Loa, Hesperia, CA 92345
MLS# HD26185370Listed by: KELLER WILLIAMS HIGH DESERT - New
$679,000Active4 beds 3 baths2,274 sq. ft.10215 Nielson, Hesperia, CA 92344
MLS# HD26195624Listed by: RE/MAX FREEDOM - New
$358,000Active3 beds 2 baths1,164 sq. ft.14804 Orange, Hesperia, CA 92345
MLS# DW26198387Listed by: EXECUTIVES GROUP REAL ESTATE INC.