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For sale
    • Listed by: Real Brokerage Technologies • Carlos Ascencio • Contact: 562-254-8677
    $1,200,000

    9140 E Ave, Hesperia, CA 92345

    14beds
    7baths
    5,876sqft
    : 
    $7,779/mo
    Get pre-qualified
    Mixed Use
    Built in 1977
    -- sqft lot
    $1,157,600 Zestimate®
    $204/sqft
    $-- HOA

    What's special

    Fully remodeled
    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
    36 days
    261
    14

    Zillow last checked:

    Listing updated:

    Listed by:

    Carlos Ascencio DRE #01324790 562-254-8677,

    Real Brokerage Technologies

    Source: CRMLS,MLS#: PW26167418MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 14
      • Bathrooms: 7
      Rooms
      • Room types: Bedroom
      Bedroom
      • Features: All Bedrooms Down
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Range
      • Laundry: Common Area
      Features
      • All Bedrooms Down
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 5,876
      • Total interior livable area: 5,876 sqft

      Property

      Parking
      • Total spaces: 14
      • Parking features: Asphalt
      • Uncovered spaces: 14
      Accessibility
      • Accessibility features: Parking
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Fencing: Chain Link
      Lot
      • Size: 0.43 Acres
      • Features: Near Park
      Details
      • Additional structures: Storage
      • Parcel number: 0410172450000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Condition
      • Updated/Remodeled,Turnkey
      • New construction: No
      • Year built: 1977

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Water Connected

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks, Park
      Location
      • Region: Hesperia

      Financial & listing details

      • Price per square foot: $204/sqft
      • Date on market: 7/31/2026
      • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Submit
      • Total actual rent: 10200
      • Tenant pays: Cable TV, Electricity, Gas, Insurance
      • Road surface type: Paved

        Estimated market value

        $1,157,600

        $1.10M - $1.22M

        $1,708/mo

        Price history

        DateEventPrice
        7/31/2026Listed for sale$1,200,000+84.6%$204/sqft
        Source: CRMLS #PW26167418 Report a problem
        2/4/2021Sold$650,000-7.1%$111/sqft
        Source: Glendale AOR ZDD #529366 Report a problem
        2/4/2021Pending sale$700,000$119/sqft
        Source: HDAOR #529366 Report a problem
        1/21/2021Listing removed--
        Source: HDAOR Report a problem
        10/27/2020Pending sale$700,000$119/sqft
        Source: MGR Real Estate, Inc #529366 Report a problem
        10/21/2020Listed for sale$700,000$119/sqft
        Source: MGR Real Estate, Inc #529366 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 92345

        Getting around

        59 / 100
        Somewhat Walkable
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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