12036 Bartlett Avenue
$650,000
—
3,698
3,698
$176
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.
- 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 Units9.0
Business TypeMixed, Professional/Office, Retail, Storage
Lot Size SourceAssessor
Building Area Total3698
Building Area UnitsSquare Feet
Stories Total1
Entry Level1
LISTING UPDATED: 08/09/2024 11:43 AM
Property Details for 12036 Bartlett Avenue
Status | Active |
---|---|
MLS # | HD23150143 |
Days on Market | 469 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1950 |
Lot Size | 1.10 AC / 47,916 SF |
County | San Bernardino County |
Building Information for 12036 Bartlett Avenue
Stories1Residences-Year Built1950Lot Size1.10 AC / 47,916 SF
Property Information for 12036 Bartlett Avenue
Property History for 12036 Bartlett Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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