9140 E, Hesperia, CA — listing photo 1
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FOR SALENew Listing

9140 E

Hesperia, CA 92345
18,750 Lot Sq Ft
Built 1977
$1,200,000

Property Overview

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

Home Details

Property type
Residential Income - Mixed Use
Year built
1977
Lot size
18,750 sq ft
Parking
14 spaces
Stories
1
Days on market
0
MLS status
Active

Features & Amenities

Interior

  • All Bedrooms Down

Appliances

  • Dishwasher
  • Electric Range

Parking

  • Asphalt

Pool

  • None

Lot

  • Near Park

Community, Schools & Utilities

Community

View
None

Utilities

Heating
Central
Cooling
CentralAir
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

9140 E

Hesperia, CA 92345

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Frequently Asked Questions About 9140 E

Property type: Residential Income

The current asking price is $1,200,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 9140 E. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1977. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Hesperia, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Hesperia property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Carlos Ascencio
MLS ID: PCARLASC

Available property

$1,200,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.