0 Bartlett Avenue
Description
This 2.5AC parcel of flat/level open space land is located in an Opportunity Zone area, which offers significant tax benefits for investors who reinvest their capital gains in qualified projects. According to the IRS, Opportunity Zones provide three main tax benefits: ...Buy this fantastic lot using a OTC (One-Time Close) Loan from our strategic partner. Low down payment option with 12-month construction financing which converts to a 30-yr mortgage, all-in-one closing! (Call/Email for more details)
This 2.5AC parcel of flat/level open space land is located in an Opportunity Zone area, which offers significant tax benefits for investors who reinvest their capital gains in qualified projects. According to the IRS, Opportunity Zones provide three main tax benefits:
- Temporary deferral of taxes on previously earned capital gains until December 31, 2026 or until the investment is sold or exchanged, whichever is earlier. According to the IRS, Opportunity Zones provide three main tax benefits:
- Temporary deferral of taxes on previously earned capital gains until December 31, 2026 or until the investment is sold or exchanged, whichever is earlier - Step-up in basis for previously earned capital gains invested, which reduces the amount of taxable gain by 10% if held for at least 5 years and by 15% if held for at least 7 years. - Step-up in basis for previously earned capital gains invested, which reduces the amount of taxable gain by 10% if held for at least 5 years and by 15% if held for at least 7 years - Permanent exclusion of taxable income on new gains from the sale or exchange of the investment if held for at least 10 years. This parcel is ideal for investors who are looking for long-term returns and social impact. It is situated in the El Mirage Area, which has abundant natural resources and potential for economic development. The parcel sits atop the Oestre Aquifer, which can produce pristine water annually. It also has unobstructed views of the San Gabriel Mountains and is near the El Mirage Dry Lake. Moreover, it is close to a proposed site for a large biomass alternative fuel production facility, which could create jobs and revenue for the community. The parcel allows for various uses such as residential, agricultural, recreational, medical, alternative energy production and more. For more information on Opportunity Zones and their benefits, please visit https://selectsbcounty.com/major-initiatives/opportunity-zone.
- Listed by Gregg Cochran • DRE #01135909 • Brokerage DRE #01135909 • Gregg Cochran, Broker • 949-667-0322
- Listed by David Orellana • DRE #01246025 • Brokerage DRE #01135909 • SmokeTree Commercial
Property Details for 0 Bartlett Avenue
Property Details for 0 Bartlett Avenue
| Status | Active |
|---|---|
| MLS # | OC21226521 |
| Days on Market | 1037 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Land Lot |
| Year Built | - |
| Lot Size | 2.50 AC |
| County | San Bernardino County |
Building Information for 0 Bartlett Avenue
Property Information for 0 Bartlett Avenue
- Community Features: Rural
- View Description: Desert
- Distance To Water: drill a well
- Lot Features: Lot Over 40000 Sqft, Rectangular Lot, Level
- Land Lease: No
- Land Lease Type: Fee
- Water: See Remarks
- Water Source: See Remarks
- Carport Spaces: 0
Property History for 0 Bartlett Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 0 Bartlett Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 | |||
| Charter - | K to 12 |
Rating | School | Distance |
|---|---|---|
El Mirage PublicK to 8 | ||
Adelanto High School Public9 to 12 | ||
Taylion High Desert Academy CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Homes for Sale near 92301
Neighborhoods
- Baldy Mesa
- North Adelanto
- SCLA
- South Adelanto
- West City
- West Bear Valley
- Mountain View Acres
- Silver Lakes-Helendale
- Golden Triangle
- Central Victorville
- West Oak Hills
- East Bear Valley
- North Star Ranch
- Golden Arrow Ranchos
- Victorville Town Center
- Lucky Star Ranchos
- Spring Valley Lake
- Star Valley Ranchos
- Angeles Acres
- High Country
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Gregg Cochran, Broker, Gregg Cochran, DRE #01135909; SmokeTree Commercial, David Orellana, DRE #01246025
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.