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Berkshire Hathaway HomeServices California Properties

9140 E, Hesperia, CA 92345

$1,200,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Carlos Ascencio | carlos@CarlosAscencio.com
Lic#: 01324790
Broker: Courtesy of Real Brokerage Technologies
Phone: 916-848-7554

Listing Details

Property type: Mixed Use (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: PW26167418

Price: $1,200,000

Rental Rate: $1,200,000

Lot Size:

HOA Fee is $0.00

None fireplaces

Built in 1977

1 story

0.43 acres

County: San Bernardino

Interior features: All Bedrooms Down

Appliances: Dishwasher,Electric Range

Parking description: Asphalt

Lot description: Near Park

Heating/cooling: Central Air

Heating description: Central

Last Updated: 7/31/2026

Days On Market (DOM): 5

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Lat/Long: 34.417021, -117.293522.
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Easement Present: (Easement present. For more information, contact agent.)

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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

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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