
Adelanto, California 92301
This fourplex represents a High-Potential Investment Opportunity, currently listed at a List Price of $685,000—positioned well above the $390,052 Fair Market Value by -75%. While the property requires capital investment due to its Fair Condition Rating and aging infrastructure, it offers immediate cash flow through full occupancy and efficient utility management. With individual meters and private patios, this Quadruplex Asset is well-positioned for Buy-and-Hold Investors or Value-Add Investors focused on long-term rental demand and operational stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18130 Casaba Road Subject | $685,000* List Price | 0 | 0 | 3,312 | $118 | - |
A 18140 Poinciana Road Sold | $650,000 | 8 | 5 | 3,338 | $195 | 0.2 mi |
B 18140 Poinciana Road Sold | $650,000 | 0 | 0 | 3,338 | $195 | 0.2 mi |
C 17928 Hermosa Road Active | $624,999 List Price | 0 | 0 | 3,224 | $194 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1982, making it 42 years old with no mentioned renovations, which exceeds the 30-year threshold for the 'poor' category. Exterior photos show dated stucco, aged fencing, and window AC units rather than central HVAC, indicating original systems that likely require significant rehab or modernization.
The property is currently fully leased, offering an investor immediate rental income and eliminating the initial risk and expense of vacancy.
Individual gas and electric meters for each unit significantly reduce owner overhead and simplify property management by shifting utility responsibilities to the tenants.
Each unit is well-equipped with 1.5 bathrooms, private patios, and laundry hookups, which are high-demand features that help maintain long-term occupancy and competitive rents.
Built in 1982, the property may soon require capital expenditures for major systems such as roofing, plumbing, or HVAC to maintain its operational efficiency.
The 6,085-square-foot lot is relatively compact for a fourplex, leaving little room for additional amenities or future ADU development to further increase property value.
This fourplex at 18130 Casaba Road represents a rare investment opportunity. Each of it's four units offers two bedrooms, 1.5 bathrooms, laundry hookups, a carport, and private patios. Enhanced security is provided through surveillance cameras, and utility management is streamlined with individual gas and electric meters. Sitting on a spacious 6,085-square-foot lot under a full lease, this property is poised for significant returns. Its proximity to US Hwy 395 and shopping centers makes it an ideal investment. Don't miss out on this great opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,312 | 3,312 | 50% |
| Lot Size | 6,085 | 8,687 | 20% |
| Price | $685.0K | $650.0K | 80% |
| Price per sq ft | $207 | $195 | 60% |
| Built year | 1982 | 1984 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 246 | 20% |
May 22, 2026
$685,000
Initial Listing
Jan 19, 2000
$55,000
Public Record