Date
Details
Price
Change
Source
7/31/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$1,200,000 Just Listed
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1/19
Property Description
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
Full Property Details
Full Property Details for 9140 E
General
- Price: $1,200,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26167418
- Updated: 8/1/2026
- Days on Market: 6 days
- Added to Site: 6 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
- Appliances: Electric Range, Dishwasher
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Asphalt
- Parking: Asphalt
Location
- Area: HSP - Hesperia
- County: San Bernardino
- Development Name: HSP - Hesperia
- Driving Directions: Driving directions from Hwy 395: East on Main St, right on E Ave, property on the right just past 9th St.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 2
- # Gas Meters: 7
- # Electric Meters: 7
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 5,876
- Year Built: 1977
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: None
- Lot Size (Acres): 0.4304
- Lot Size (Sq. Ft.): 18,750
- Lot Size Source: Assessor
- Lot Description: Park Nearby
Financial Considerations
- Price Per Sq. Ft.: $204.22
- Price Per Unit: 171429
Listed by Real Brokerage Technologies, Carlos Ascencio
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Listing agent
— 9140 E —
Carlos Ascencio
Real Brokerage Technologies
562-254-8677
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 9140 E
Estimate the Cost
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- Single Family
- Active
- Updated 8 hours ago
- 5Beds
- 3Total Baths
- 2,527Sq. Ft.
- Single Family
- Active
- Updated 8 hours ago
- 4Beds
- 3Total Baths
- 2,968Sq. Ft.
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- Single Family
- Active
- Updated 21 hours ago
- 5Beds
- 4Total Baths
- 3,306Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,940Sq. Ft.
- Single Family
- Active
- Updated 2 hours ago
- 4Beds
- 3Total Baths
- 3,379Sq. Ft.
- Single Family
- Active
- Updated 21 hours ago
- 3Beds
- 2Total Baths
- 2,398Sq. Ft.
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9140 E, Hesperia, CA 92345 (MLS# PW26167418) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 9140 E is currently listed for $1,200,000 and was received on July 31, 2026. Want to learn more about 9140 E? Do you have questions about finding other Multi-Family real estate for sale in Hesperia? You can browse all Hesperia real estate or contact a Coldwell Banker agent to request more information.