12036 Bartlett Avenue

Adelanto, CA 92301

$650,000
Price
Beds
3,698 Sq. Ft.
$176 / Sq. Ft.
3,698
Sq. Ft.
$176
per Sq. Ft.

Description

Come VIEW and MAKE an OFFER TODAY! Amazing MIXED-USE COMMERCIAL INCOME PROPERTY located in expanding Adelanto CA. The property has an over 1 ACRE lot right in the heart of Adelanto's Business Park District. Just a block from Hwy 395 and not far from Interstate-15 the site offers excellent access to all of Southern CA. Plus the property is close to the SoCal Logistics Airport, and less than one block from Amazon's newly developed order fulfillment center. In addition, the site is part of Adelanto's...Come VIEW and MAKE an OFFER TODAY! Amazing MIXED-USE COMMERCIAL INCOME PROPERTY located in expanding Adelanto CA. The property has an over 1 ACRE lot right in the heart of Adelanto's Business Park District. Just a block from Hwy 395 and not far from Interstate-15 the site offers excellent access to all of Southern CA. Plus the property is close to the SoCal Logistics Airport, and less than one block from Amazon's newly developed order fulfillment center. In addition, the site is part of Adelanto's BARTLETT AVE REHABILITATION PROJECT where millions of funding is being spent on massive improvements to infrastructure, as the city prepares for tons of FUTURE commercial/industrial GROWTH. The commercial building onsite has 7 units (2,413sf) that have been generating steady income for years, also there are two residential units (1,285sf) producing more income. Recently, the owner has upgraded the electrical and plumbing in the commercial building as an added bonus. Also, the residential units have been recently remodeled. Currently, the property is generating over $53,000 in NET OPERATING INCOME, with the pro-forma potential of generating more revenue as rental rates continue to increase in the area. Furthermore, the NEW California ADU LAW, that took effect in 2023, gives property owners more rights related to adding ADU’s to their properties. The new ADU LAW further expands the property’s income producing potential. This property is an ideal opportunity for any savvy real estate investor looking for lucrative cap rates, or a business owner that needs more space to grow. A definite must see before it's too late.
  1. Listed by Jeffrey Nyal • DRE #01373556 • Brokerage DRE #01902736 • Coldwell Banker Home Source • 7609646427

Property Details for 12036 Bartlett Avenue

Parking Spaces Total
20
Total Units
9.0
Business Type
Mixed, Professional/Office, Retail, Storage
Lot Size Source
Assessor
Building Area Total
3698
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
LISTING UPDATED: 08/09/2024 11:43 AM

Property Details for 12036 Bartlett Avenue

StatusActive
MLS #HD23150143
Days on Market469
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1950
Lot Size1.10 AC / 47,916 SF
CountySan Bernardino County

Building Information for 12036 Bartlett Avenue

Stories1Residences-Year Built1950Lot Size1.10 AC / 47,916 SF

Property Information for 12036 Bartlett Avenue

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $65,220
  • Net Operating Income: $53,340
  • Cap Rate: 8.21
Expense Details
  • Expense Year: $2,024
  • Total Expenses: $11,880
Tax / Assessment Info
  • Tax Year: 2023
  • Tax Annual Amount: $1,229
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Natural Gas
Exterior Features
  • Construction Materials: Frame
  • Roof: Flat
Land/Lot Info
  • Lot Features: 6-10 Units/Acre, Level with Street, Lot Over 40000 Sqft, Rectangular Lot, Paved
  • Current Use: Commercial, Multi-Family
  • Utilities: Sewer Available, Sewer Connected
  • Water Source: Public
Parking Info
  • Uncovered Spaces: 20
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Multi-Family, Office, Retail
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Area: 1285
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: Residential Units
Unit 2
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 3
  • Unit Type Area: 2413
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: Commercial Units
Unit Information
  • Number Of Buildings: 3

Property History for 12036 Bartlett Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12036 Bartlett Avenue

Taxable ValueLand$58,567Additions$48,809Total$107,376
Tax Record2024$1,265 ($105 / month)
Home Facts
Total Finished SqFt2,934 SqFtAbove Grade Finished SqFt2,934 SqFtLot Size47,916 SqFtStyleStoresYear Built1950CountySAN BERNARDINOAPN0459-164-11-0000

Schools near 12036 Bartlett Avenue

This home is within Victor Valley Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Adelanto Elementary School
PublicK to 5

Columbia Middle School
Public6 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.

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12036 Bartlett Avenue is a mixed use property for sale in Adelanto, CA 92301. This property was listed for sale on August 11, 2023 by Coldwell Banker Home Source, it's currently listed at $650,000. This listing's school districts are Victor Valley Union High School District, Adelanto Elementary School District. Nearby schools include Adelanto Elementary School, Columbia Middle School and Adelanto High School. 12036 Bartlett Avenue is a 0-bed, 0-bath, 3,698 sqft mixed use property built in 1950.

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 Coldwell Banker Home Source, Jeffrey Nyal, DRE #01373556

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.