Listed by Carlos Ascencio, Real Brokerage Technologies, (562) 254-8677
$1,200,000
- 14 Beds
- 7 Baths
- 5,876 sqft (on 0.43 acres)
9140 E Ave, Hesperia, CA 92345
Est. Mortgage $7,540/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1977
0.43 acre lot
$204/sqft
14 Parking Spaces
Local Information
-- mins to
About this House
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
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
Home Details for 9140 E Ave
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Interior Details Number of Rooms: 1Types of Rooms: Bedroom |
Beds & Baths Number of Bedrooms: 14Number of Bathrooms: 7 |
Appliances & Utilities Utilities: Water ConnectedAppliances: Dishwasher, Electric RangeDishwasherLaundry: Common Area |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneEntry Location: 1Accessibility: Parking |
View No View |
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Exterior Home Features Fencing: Chain LinkOther Structures: StorageNo Private Pool |
Parking & Garage Open Parking Spaces: 14No GarageNo Attached GarageParking Spaces: 14Parking: Asphalt |
Pool Pool: None |
Frontage Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Days on Market: 47 |
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Year Built Year Built: 1977 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Mixed Use |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Condition: Updated/Remodeled, TurnkeyParcel Number: 0410172450000 |
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Price List Price: $1,200,000Price Per Sqft: $204 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: Hesperia |
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Listing Agent Listing ID: PW26167418 |
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Building Area Building Area: 5876 Square Feet |
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Community Features: Street Lights, Sidewalks, ParkNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 0.43 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit |
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Expense Tenant Pays: Cable TV, Electricity, Gas, Insurance |
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No Rent Control |
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Mls Number: PW26167418Living Area Range Units: Square FeetAttribution Contact: 562-254-8677Common Interest: NoneUniversal Property Id: US-06071-N-0410172450000-R-N |
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Street LightsSidewalksParkSource Internet Entire Listing Display |
Around this home
What Locals Say about Hesperia
At least 1013 Trulia users voted on each feature.
86 % Say car is needed
85 % Say parking is easy
78 % Say yards are well-kept
75 % Say there's holiday spirit
65 % Say it's dog friendly
64 % Say it's quiet
57 % Say they plan to stay for at least 5 years
52 % Say kids play outside
45 % Say neighbors are friendly
41 % Say it's walkable to grocery stores
40 % Say there's wildlife
39 % Say people would walk alone at night
32 % Say there are sidewalks
32 % Say it's walkable to restaurants
22 % Say streets are well-lit
17 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Hesperia
Last updated August 2026
Avg. sale price
$461K
$5.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$267
$6MoM
Available listings
348
5MoM
Home Value
Trulia Estimate
$1.16MSince last month
Increased$2K (+0.1%)Since last year
Increased$243K (+26.6%)Since last sale
Increased$507K (+78.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +76% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.16M |
| August 2026 | $1.16M |
| July 2026 | $900K |
| June 2026 | $907K |
| May 2026 | $903K |
| April 2026 | $914K |
| March 2026 | $916K |
| February 2026 | $924K |
| January 2026 | $899K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.99 | Multi-Family Home | $575,000 | 05/20/26 | 10 | 6.5 | 4,490 | |
0.29 | Multi-Family Home | $440,000 | 09/30/25 | 2 | 2 | 1,440 | |
0.67 | Multi-Family Home | $400,000 | 10/02/25 | 4 | 2 | 1,960 | |
1.06 | Multi-Family Home | $426,000 | 09/24/25 | 6 | 4 | 2,160 | |
0.93 | Multi-Family Home | $520,000 | 11/06/25 | 4 | 4 | 2,008 | |
1.06 | Multi-Family Home | $520,000 | 04/16/26 | 4 | 4 | 2,072 | |
0.80 | Multi-Family Home | $459,000 | 08/18/26 | 4 | 2 | 1,392 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $517,900 | 3 | 2 | 2,069 | Off Market | |
0.04 | - | - | - | - | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.11 | $407,700 | 3 | 1 | 1,247 | Off Market | |
0.12 | $354,100 | 2 | 2 | 1,090 | Off Market | |
0.17 | $35,800 | 1 | 1 | 414 | Off Market | |
0.17 | $62,200 | 2 | 2 | 1,040 | Off Market | |
0.17 | $36,500 | 2 | 1 | 531 | Recently Sold | |
0.17 | $35,400 | 2 | 1 | - | Off Market | |
0.17 | $51,100 | 2 | 1 | 896 | Off Market | |
0.17 | $35,800 | 2 | 1 | 740 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 31, 2026 Source: CRMLS #PW26167418 | Listed For Sale | $1,200,000 |
Feb 4, 2021 Source: Glendale AOR ZDD #529366 | Sold | $650,000 |
Feb 4, 2021 Source: HDAOR #529366 | Pending | $700,000 |
Jan 21, 2021 Source: HDAOR | ListingRemoved | |
Oct 27, 2020 Source: Agent Provided | Pending | $700,000 |
Oct 21, 2020 Source: Agent Provided | Listed For Sale | $700,000 |
LGBTQ Local Legal Protections
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Carlos Ascencio, Real Brokerage Technologies
Agent Phone: (562) 254-8677

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-16 01:23:45 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-16 01:23:45 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Frequently asked questions about 9140 E Ave
- What is the estimated monthly payment for 9140 E Ave?Based on a $1,200,000 list price with 20% down at today's rates, the estimated monthly payment for 9140 E Ave in Hesperia, CA is approximately $7,699 (about $6,494 principal & interest, $1,130 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 9140 E Ave compare to homes in Hesperia?9140 E Ave in Hesperia, CA is listed at $1,200,000, about 160% above the $461K median sale price in Hesperia.
- What do residents say about Hesperia?Residents describe Hesperia, CA as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Hesperia, CA.
- What are the closest schools to 9140 E Ave?The closest schools to 9140 E Ave in Hesperia, CA are Cypress School Of The Arts (Elementary, rated 3/10), Krystal School Of Science, Math & Technology (Elementary, rated 8/10), Lime Street Elementary School (rated 2/10).
- Does 9140 E Ave have air conditioning?Yes, 9140 E Ave in Hesperia, CA has air conditioning.
- Does 9140 E Ave have laundry facilities?Yes, 9140 E Ave in Hesperia, CA has laundry facilities.
9140 E Ave, Hesperia, CA 92345 is a 14 bedroom, 7 bathroom, 5,876 sqft multi-family built in 1977. This property is currently available for sale and was listed by CRMLS on Jul 31, 2026. The MLS # for this home is MLS# PW26167418.

