9140 E Hesperia CA 92345 MLS #PW26167418

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