Turnkey 4-Unit Investment generating $5,560 per month in gross rental income*
If you’re looking for a clean, income-producing multifamily property without renovation headaches, this is an ideal opportunity.
This well-maintained 4-unit property has undergone approximately $200,000 in renovations within the past two years, significantly reducing near-term maintenance concerns. The unit mix includes:
1 – Three-Bedroom
2 – Two-Bedroom
1 – One-Bedroom
With multiple units creating diversified cash flow and major improvements already completed, this property offers a strong foundation for building long-term wealth through multifamily ownership.
For sale
Listed by: Coldwell Banker Commercial Rea
$725,000
18117 Poinciana Rd, Adelanto, CA 92301
8beds
5baths
3,576sqft
Multi Family
Built in 1983
-- sqft lot
$697,100 Zestimate®
$203/sqft
$-- HOA
What's special
- 112 days |
- 217 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Jerrad Schendel DRE #01971338 jerrad.schendel@cbcinland.com,
Coldwell Banker Commercial Rea,
Robert Basen DRE #00521368,
Coldwell Banker Commercial Rea
Source: CRMLS,MLS#: HD26037851
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,576
- Total interior livable area: 3,576 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Entry location: front
- Pool features: None
Lot
- Size: 8,658 Square Feet
- Features: Front Yard, Rectangular Lot, Street Level
Details
- Parcel number: 0459491030000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Public
Community & HOA
Community
- Features: Biking
Location
- Region: Adelanto
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $190,873
- Annual tax amount: $2,266
- Date on market: 3/4/2026
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Estimated market value
$697,100
$662,000 - $732,000
$1,537/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Listed for sale | $725,000+447.2%$203/sqft |
Source:  CRMLS #HD26037851 Report a problem | ||
| 3/5/2016 | Listing removed | $600 |
Source: Zillow Rental Manager Report a problem | ||
| 1/12/2016 | Listed for rent | $600 |
Source: Postlets Report a problem | ||
| 4/30/2013 | Sold | $132,500-52.9%$37/sqft |
Source: Public Record Report a problem | ||
| 8/21/2012 | Sold | $281,499+108.5%$79/sqft |
Source: Public Record Report a problem | ||
| 4/16/2003 | Sold | $135,000+13.6%$38/sqft |
Source: Public Record Report a problem | ||
| 8/20/1998 | Sold | $118,842-13.3%$33/sqft |
Source: Public Record Report a problem | ||
| 12/29/1997 | Sold | $137,006$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,266 +7.1% | $190,873 +2% |
| 2024 | $2,116 +1% | $187,130 +2% |
| 2023 | $2,096 +1.9% | $183,461 +2% |
| 2022 | $2,057 -5.6% | $179,864 +2% |
| 2021 | $2,179 +1.9% | $176,337 +1% |
| 2020 | $2,139 +0.7% | $174,529 +2% |
| 2019 | $2,124 -1.1% | $171,106 +2% |
| 2018 | $2,148 +3% | $167,751 +2% |
| 2017 | $2,085 | $164,462 +2% |
| 2016 | $2,085 +2% | $161,237 +1.5% |
| 2015 | $2,045 +3.8% | $158,815 +2% |
| 2014 | $1,970 | $155,704 +55.7% |
| 2013 | -- | $100,000 -35.8% |
| 2012 | -- | $155,665 +2% |
| 2011 | -- | $152,613 +0.8% |
| 2010 | -- | $151,473 -0.2% |
| 2009 | -- | $151,833 +2% |
| 2008 | -- | $148,856 +2% |
| 2007 | -- | $145,938 +2% |
| 2006 | -- | $143,077 +2% |
| 2005 | -- | $140,272 +2% |
| 2004 | -- | $137,521 +164.7% |
| 2003 | -- | $51,958 +2% |
| 2002 | -- | $50,939 +2% |
| 2001 | -- | $49,940 +2% |
| 2000 | -- | $48,960 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 92301
Nearby schools
GreatSchools rating
- 2/10Westside Park Elementary SchoolGrades: K-5Distance: 0.2 mi
- 1/10Mesa Linda Middle SchoolGrades: 6-8Distance: 6.8 mi
- 3/10Adelanto High SchoolGrades: 9-12Distance: 3.5 mi
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Local buyer's agents are ready to help
- California
- San Bernardino County
- Adelanto
- 92301
- 18117 Poinciana Rd
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