9140 E Hesperia, CA $ 1,200,000
9140 E
$ 1,200,000
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9140 E

Hesperia, CA, 92345
$ 1,200,000
Baths0.0 Sq 5,876

Monthly Estimate*

$ 7,577

Listed by Real Brokerage Technologies
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Studio

Multi-Family Home for sale in Hesperia, CA

for $1,200,000. This 5,876 square foot home was built in 1977 on a lot size of 0.4304.

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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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.4304

Year Built

1977

Town/City

Hesperia

County/Region

San Bernardino

MLS | Web ID

PW26167418

Days on Market

3

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Water Connected
Possession Close Of Escrow
Appliances Dishwasher Electric Range
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1977
Tenant Pays Cable TV Electricity Gas Insurance
View None
Stories Count 1
Levels One
Property Subtype Mixed Use
Gross Income 122400
Community Features Street Lights Sidewalks Park
Accessibility Parking
County San Bernardino
Net Operating Income 92239
Operating Expense 30161
Insurance Expense 4500
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 165
Garage Y/N false
Other Structures Storage
Special Listing Conditions Standard
Status Active
Directions Driving directions from Hwy 395: East on Main St right on E Ave property on the right just past 9th St.
City Hesperia
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 14
Number Of Units Total 7
MLS Area HSP - Hesperia
Lot Size Units Square Feet
Lot Size Square Feet 18750
Number of Units Leased 7
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange Submit
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Updated/Remodeled Turnkey
Trash Expense 5760
Water Sewer Expense 5760
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 20
Total Actual Rent 10200
Property Sub Type Additional Mixed Use
Cap Rate 7.69
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Interior
Interior Amenities All Bedrooms Down
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Chain Link
Parking Features Asphalt
Lot Features Near Park
Water Source Public
Total Parking 14
Lot Size Area 18750
Number of Buildings 2
Spa false
Building Area Total 5876
Lot Size Acres 0.4304
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 7
Number of Separate Electric Meters 7
Road Frontage Type City Street
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* Excluded Features
List By
Real Brokerage Technologies

Broker

carlos@CarlosAscencio.com

Email

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$7,577
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$7,577
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/31/2026$1,200,000 Listed Price

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9140 E, Hesperia, CA, 92345 is a Multi-Family Home for sale at $1,200,000 with 5,876 sqft and a lot size of 0.4304. 9140 E is a studio with 0.0 baths and was built in 1977. The property's zip code is 92345 which is in Hesperia, CA