Adelanto, CA 92301 12036 Bartlett Avenue

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Presented By: Jeffrey Nyal with Coldwell Banker Home Source; 7609646427
  • MLS# HD23150143
  • 08/11/2023
  • Request Tour
  • Request Info
  • FootageSQFT • 3,698

Home Details

***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.***
Presented By: Jeffrey Nyal with Coldwell Banker Home Source; 7609646427

Interior Features for 12036 Bartlett Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 12036 Bartlett Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeMixed, ProfessionalOffice, Retail, Storage
Cap Rate7.12
Carport Y/NNo
CityAdelanto
Construction MaterialsFrame
CoolingEvaporativeCooling, WallWindowUnits
CountySan Bernardino
Days on Market260
DirectionsI-15 N exit Hwy 395. Hwy 395 N to Bartlett Ave. Bartlett E to PIQ. Cross Street: Adelanto Rd.
Garage Y/NNo
HOA / Comm AssnNo
HeatingNaturalGas
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Submit
Lot Size Square Feet47916.0
MLS AreaADL - Adelanto
MobileHomeRemainsYNNo
Net Operating Income53340.0
New ConstructionNo
Occupancy DescriptionTenant
Open Parking Spaces20.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameBartlett
Tax Annual Amount1229.0
Tax Year2023
Total Units9
UtilitiesSewerAvailable, SewerConnected
View Y/NNo
Waterfront Y/NNo
Year Built1950

Exterior for 12036 Bartlett Avenue

Building Area Total3698.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre, LotOver40000Sqft, Paved, RectangularLot, StreetLevel
Lot Size Acres1.1
Lot Size Area47916.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings3
Open Parking Y/NNo
SpaNo
Total Parking20.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $749,990
MLS#HD23150143
List Date 08/11/2023
Property Type Commercial
Phone 714.964.3311
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