LKV Realty
Logo
$1,200,000
$6,000Reward *
9140 E, Hesperia, CA 92345Listing ID PW26167418

9140 E, Hesperia, CA 92345

Active
Time on site: 14 daysLast updated: Jul 31, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Mixed Use
Square Feet
Square Feet
5,876
Acres
Acres
0.43
Days on Site
Days on Site
11
Cooling
Cooling
Central Air
Heating
Heating
Central
Year Built
Year Built
1977
Stories
Stories
1
Parking
Parking
Asphalt

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

Property Information

Property Details

Location

Address
9140 E
County
San Bernardino
City
Hesperia
Zip Code
92345
MLS Area
HSP - Hesperia

Interior Features

Other Rooms

Laundry Features
Common Area

Building

Building Information

Square Feet
5,876
Year Built
1977
Stories
1
Condition
Updated/Remodeled, Turnkey

Financial

Special Conditions
Standard
Carlos AscencioReal Brokerage Technologies, (916) 848-7554

Market Report for 92345

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

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