9140 E, Hesperia, CA 92345
Local realty services provided by:CENTURY 21 Experience
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:90 day(s) ago
- Updated:October 30, 2026 at 12:10 PM
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
$90,000Coming Soon3 beds 2 baths1,236 sq. ft.8450 G Ave #57, Hesperia, CA 92345
MLS# HD26230649Listed by: REAL BROKERAGE TECHNOLOGIES - Coming Soon
$369,900Coming Soon3 beds 2 baths1,612 sq. ft.16870 Cactus Street, Hesperia, CA 92345
MLS# CV26229393Listed by: CENTURY 21 CITRUS REALTY INC - Coming Soon
$480,000Coming Soon5 beds 3 baths2,379 sq. ft.14318 Dartmouth Street, Hesperia, CA 92344
MLS# CV26229430Listed by: REALTY MASTERS & ASSOCIATES - New
$495,000Active3 beds 2 baths1,657 sq. ft.7239 Oakwood, Hesperia, CA 92345
MLS# IV26233870Listed by: SOCAL BROKERS - New
$579,888Active4 beds 3 baths2,364 sq. ft.13167 NEWPORT Street, Hesperia, CA 92344
MLS# TR26233458Listed by: KING REALTY GROUP INC - New
$729,000Active-- beds -- baths3,584 sq. ft.14065 Spruce, Hesperia, CA 92345
MLS# HD26233561Listed by: KELLER WILLIAMS HIGH DESERT - New
$130,000Active0.41 Acres7488 Pismo, Hesperia, CA 92345
MLS# PW26231926Listed by: COMPASS - New
$499,800Active4 beds 3 baths2,382 sq. ft.7540 Earhart, Hesperia, CA 92345
MLS# HD26233277Listed by: RE/MAX FREEDOM - New
$558,000Active4 beds 3 baths2,100 sq. ft.17796 Valencia Street, Hesperia, CA 92345
MLS# HD26233174Listed by: COLDWELL BANKER HOME SOURCE - New
$629,000Active4 beds 3 baths2,408 sq. ft.14999 Lilac Street, Hesperia, CA 92345
MLS# HD26233116Listed by: CENTURY 21 LEADERS REAL ESTATE