Listed by Carlos Ascencio, Real Brokerage Technologies, (916) 848-7554
9140 E Ave
Hesperia, CA 92345
- Studio
- 5,876 sqft (on 0.43 acres)
Studio
5,876 sqft
(on 0.43 acres)
We estimate this home will sell faster than 82% nearby.
Home Highlights
Parking
14 Parking Spaces
Climate Control
Heating & Cooling
HOA
None
Price/Sqft
$204
Listed
2 days ago
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
We estimate this home will sell faster than 82% nearby.
Home Details for 9140 E Ave
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Interior Details Number of Rooms: 1Types of Rooms: Bedroom |
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 ViewView: None |
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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: 2 |
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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 |
Last check for updates: about 15 hours ago
Listing Provided by: Carlos Ascencio DRE #01324790, (562) 254-8677
Real Brokerage Technologies
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW26167418

Also Listed on CRMLS.
Market trends in Hesperia
Last updated June 2026
Avg. sale price
$455K
$667MoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$259
$0MoM
Available listings
320
2MoM
Price History for 9140 E Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 07/31/2026 | $1,200,000 | Listed For Sale | CRMLS #PW26167418 |
| 02/04/2021 | $650,000 | Sold | Glendale AOR ZDD #529366 |
| 02/04/2021 | $700,000 | Pending | HDAOR #529366 |
| 01/21/2021 | ListingRemoved | HDAOR | |
| 10/27/2020 | $700,000 | Pending | Agent Provided |
| 10/21/2020 | $700,000 | Listed For Sale | Agent Provided |
Similar Homes You May Like
New Listings near 9140 E Ave
Comparable Sales for 9140 E Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.29 | Multi-Family Home | $440,000 | 09/30/25 | 2 | 2 | 1,440 | |
0.99 | Multi-Family Home | $575,000 | 05/20/26 | 10 | 6.5 | 4,490 | |
0.67 | Multi-Family Home | $400,000 | 10/02/25 | 4 | 2 | 1,960 | |
0.93 | Multi-Family Home | $520,000 | 11/06/25 | 4 | 4 | 2,008 | |
1.06 | Multi-Family Home | $426,000 | 09/24/25 | 6 | 4 | 2,160 | |
1.06 | Multi-Family Home | $520,000 | 04/16/26 | 4 | 4 | 2,072 | |
1.53 | Multi-Family Home | $515,000 | 06/08/26 | - | 1,597 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 9140 E Ave.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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 2026-08-01 05:35:23 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 2026-08-01 05:35:23 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
9140 E Ave, Hesperia, CA 92345 is a studio, 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.

