Adelanto, CA 92301 12036 Bartlett Avenue

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Presented By: Coldwell Banker Home Source
  • MLS# HD23150143
  • 08/11/2023
  • Request Tour
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  • BedBeds • 4
  • BathBaths • 25
  • 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: Coldwell Banker Home Source

Interior Features for 12036 Bartlett Avenue

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Laundry FeaturesNone
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 12036 Bartlett Avenue

Additional Parcels Y/NNo
Adult Family HomesNone
Building Area UnitsSquare Feet
Business TypeMixed, Professional/Office, Retail, Storage
Buyer Agent Compensation3.000
Buyer Agent Compensation Type%
Cap Rate7.12
CityAdelanto
Construction MaterialsFrame
CoolingEvaporative Cooling, Wall/Window Unit(s)
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.
HeatingNatural Gas
Lot Size Square Feet47916
MLS AreaADL - Adelanto
Net Operating Income53340
Occupancy DescriptionTenant
Open Parking Spaces20
Property Sub Type AdditionalMixed Use
Property SubTypeMixed Use
Property TypeCommercial Sale
RoofFlat
Standard StatusActive
StatusActive
Street NameBartlett
Tax Annual Amount1229
Tax Year2023
Total Units9
UtilitiesSewer Available, Sewer Connected
Year Built1950

Exterior for 12036 Bartlett Avenue

Building Area Total3698
Lot Features6-10 Units/Acre, Lot Over 40000 Sqft, Paved, Rectangular Lot, Street Level
Lot Size Acres1.1
Lot Size Area47916
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Number of Buildings3
Total Parking20
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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