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Investment Highlights

  • Acquire below retail value, bulk pricing at a discount to $514K avg comp-supported value, de-risked by seller's Feb 2026 sales at $515K-$544K
  • 43-home core in a 1.2-mile radius, 2005 median vintage, 2,246 SF avg, all turnkey, representing 88% of portfolio aggregate value
  • 46% rent upside, capital-free — $2,097 in-place vs. $3,058 market on the core; 53% ($634K) portfolio-wide
  • Institutional scale, retail exit: one acquisition unlocks 49 retail disposition opportunities
  • 96% month-to-month tenancy, only 2 leased long-term, giving flexibility to reset rents or dispose
  • ~$117K average household income within one mile, 2.1% population growth since 2020

Executive Summary

Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the Inland Empire Single-Family Home Portfolio (the "Portfolio"), a rare collection of 48 single-family residences and one quadruplex totaling 49 properties and 52 units in Oak Hills and Hesperia, California – the product of nearly two decades of stewardship by a single long-term ownership group. Offered unpriced, with an aggregate retail value of $25,200,000 based on comp-supported home valuations, this is one of the most compelling bulk SFH acquisitions to emerge in the Inland Empire in recent memory.
The core of the portfolio consists of 43 turnkey homes built 2003-2008 (2005 median vintage), averaging 2,246 SF, concentrated within a 1.2-mile radius across Mission Crest and adjacent Southwest Hesperia, High Country, and Oak Hills communities, representing 88% of aggregate value. Homes have been continuously reinvested to an owner-occupant standard, with kitchen renovations, repaints, and landscape upgrades at every turnover, placing the core in the top decile of submarket condition. The remaining six properties, a renovated quadruplex and five older-vintage homes on large lots averaging 28,787 SF, are independently valued and complementary to the core assets.
In-place rents across the core average $2,097/month against market rents of $3,058/month, representing 46% upside, or roughly $496,000 in annualized loss-to-lease. 96% of the leases are month-to-month (only 2 properties carry long-term leases), allowing an acquiring investor to reset rents or reposition individual assets with minimal lease tail. Across the full 49-property portfolio, embedded upside rises to approximately $634,000, or 53%.
Individual home values are validated by the seller's own February 2026 dispositions at $515K and $544K, in a local market trading at ~100% of list with ~28 days to pending. Hesperia offers one of the last attainable SFH price points within reach of the LA basin, supported by ~$117K average household income within one mile and 2.1% population growth since 2020. The planned Brightline West station at I-15/Joshua Street sits 1-3 miles from the core, positioning the portfolio to benefit from a ~20-25 minute connection to Rancho Cucamonga upon service commencement (~2029).
The opportunity presents a two-path investment thesis: acquire at a meaningful discount to comp-supported individual home values, then either pursue a programmatic resale of the individual assets, or mark rents to market and capture the embedded rental upside.
The Portfolio is offered as a single bulk transaction. Partial portfolio acquisitions will be considered at the seller’s discretion on a case-by-case basis. Offers will be evaluated relative to the Portfolio’s $25.2M aggregate retail value. Newmark and ownership encourage qualified buyers to underwrite independently and submit pricing accordingly.
Contact listing broker for additional information – a full data room is available to qualified buyers upon execution of a confidentiality agreement.

Data Room Click Here to Access

Property Facts

Sale Type Investment
Status Active
Number of Properties 49
Individually For Sale 0
Total Building Size 106,676 SF
Total Land Area 1.41 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
13910 Spruce St, Hesperia, CA 92345 Multifamily 3,887 SF 1984 -
9522 Tanzanite Ave, Hesperia, CA 92340 Specialty 3,093 SF 2005 -
13086 Cerritos Ct, Hesperia, CA 92345 Specialty 2,869 SF 2006 -
13080 Cerritos Ct, Hesperia, CA 92344 Specialty 2,699 SF 2006 -
13029 Newport St, Hesperia, CA 92344 Specialty 2,669 SF 2006 -
13042 Newport St, Hesperia, CA 92344 Specialty 2,669 SF 2006 -
9161 Ravenswood Ave, Hesperia, CA 92345 Specialty 2,656 SF 2004 -
13119 Cerritos Ct, Hesperia, CA 92345 Specialty 2,640 SF 2006 -
13075 Cerritos Ct, Hesperia, CA 92344 Specialty 2,630 SF 2006 -
8974 Independence Ave, Hesperia, CA 92344 Specialty 2,630 SF 2006 -
13374 Morningside St, Hesperia, CA 92344 Specialty 2,602 SF 2004 -
9357 Sapphire Ave, Hesperia, CA 92345 Specialty 2,602 SF 2005 -
9075 Big Bear Dr, Hesperia, CA 92344 Specialty 2,539 SF 2007 -
12972 Susanville St, Hesperia, CA 92344 Specialty 2,498 SF 2004 -
8949 Rialto Ave, Hesperia, CA 92345 Specialty 2,486 SF 2006 -
9052 Calico Ct, Hesperia, CA 92345 Specialty 2,486 SF 2006 -
9450 Mandarin Ct, Hesperia, CA 92345 Specialty 2,379 SF 2005 -
13466 Sunny Ridge St, Hesperia, CA 92344 Specialty 2,366 SF 2003 -
13461 Sunny Ridge St, Hesperia, CA 92344 Specialty 2,364 SF 2003 -
8615 Bridgeport Ave, Hesperia, CA 92344 Specialty 2,364 SF 2005 -
9083 Honeysuckle Ave, Hesperia, CA 92345 Specialty 2,306 SF 2004 -
13178 Sunland St, Hesperia, CA 92345 Specialty 2,268 SF 2006 -
9034 Fremont Ct, Hesperia, CA 92345 Specialty 2,268 SF 2006 -
9059 Calico Ct, Hesperia, CA 92345 Specialty 2,268 SF 2006 -
9078 Goldenrod Ct, Hesperia, CA 92345 Specialty 2,121 SF 2004 -
14350 Dartmouth St, Hesperia, CA 92345 Specialty 2,117 SF 1995 -
8643 Bridgeport Ave, Hesperia, CA 92344 Specialty 2,100 SF 2005 -
12961 Newport St, Hesperia, CA 92344 Specialty 2,080 SF 2006 -
10139 Datura Rd, Hesperia, CA 92345 Specialty 2,050 SF 2004 -
13063 Murrieta Ct, Hesperia, CA 92344 Specialty 2,050 SF 2006 -
13058 Menifee Ct, Hesperia, CA 92344 Specialty 2,039 SF 2006 -
9365 Sapphire Ave, Hesperia, CA 92345 Specialty 1,946 SF 2005 -
13349 Somerset St, Hesperia, CA 92344 Specialty 1,900 SF 2003 -
13460 Sunny Ridge St, Hesperia, CA 92344 Specialty 1,900 SF 2003 -
14192 Dartmouth St, Hesperia, CA 92345 Specialty 1,859 SF 2004 -
8938 Newcastle Ave, Hesperia, CA 92345 Specialty 1,859 SF 2003 -
9508 Tanzanite Ave, Hesperia, CA 92345 Specialty 1,848 SF 2005 -
9554 Peridot Ave, Hesperia, CA 92345 Specialty 1,848 SF 2005 -
9634 Tanzanite Ave, Hesperia, CA 92345 Specialty 1,848 SF 2005 -
14659 Lilac St, Hesperia, CA 92345 Specialty 1,614 SF 1971 -
8741 Westwood Ave, Hesperia, CA 92344 Specialty 1,499 SF 2007 -
8726 Westwood Ave, Hesperia, CA 92344 Specialty 1,438 SF 2008 -
8873 6th Ave, Hesperia, CA 92345 Specialty 1,428 SF 1964 -
8734 Westwood Ave, Hesperia, CA 92344 Specialty 1,364 SF 2007 -
13045 Saratoga St, Hesperia, CA 92344 Specialty 1,273 SF 2007 -
11131 1st Ave, Hesperia, CA 92345 Specialty 1,256 SF 1959 -
7045 7th Ave, Hesperia, CA 92345 Specialty 1,008 SF 1986 -
10944 Oakwood Ave, Hesperia, CA 92345 Specialty 900 SF 1971 -
13234 Sunland St, Oak Hills, CA 92344 Specialty 3,093 SF 2006 -
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  • Listing ID: 41322468

  • Date on Market: 2026-07-16

  • Last Updated:

  • Address: Inland Empire SFH Portfolio, Hesperia, CA

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