Adelanto, CA 92301,11424 Bartlett AVE
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Adelanto, CA 92301,11424 Bartlett AVE
Adelanto, CA 92301,11424 Bartlett AVE
Adelanto, CA 92301,11424 Bartlett AVE
Adelanto, CA 92301,11424 Bartlett AVE

$500,000

Est. payment /mo

$560,000

10.7%
Est.Price: ?

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11424 Bartlett AVE Adelanto, CA 92301

4,858 SqFt

SOLD DATE : 01/19/2024

Key Details

Sold Price $500,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 4,858 sqft

Price per Sqft $102

MLS Listing ID IV23186791

Sold Date 01/19/24

HOA Y/N No

Year Built 1936

Lot Size 3.000 Acres

Property Description

AFFORDABLE INVESTMENT WITH 4 RENT-PAYING TENANTS! 6% IN-PLACE CAP RATE. PROFORMA 9% CAP RATE. Income-generating and stable investment with opportunity for rent increases. Easy to manage! Tenants pay the utilities. Owner is only responsible for property tax and property insurance. Possibility to build more on this huge 3 Acres Lot! Owner/user possibility. You can also bring your business here and occupy the units. Located in a medically underserved community, In a Primary Care HPSA and In a MUA/P. Buyer advised to verify. The sale includes 1 single family home and 3 retail units. Near busy Highway 395! Across the street from Tri-State Community healthcare center and close to Family Dollar Store. Don't miss one of the BEST and AFFORDABLE investment opportunities.

Location

State CA

County San Bernardino

Area Adl - Adelanto

Rooms

Ensuite Laundry See Remarks

Interior

Laundry Location See Remarks

Heating See Remarks

Cooling See Remarks

Fireplace No

Laundry See Remarks

Building

Lot Description Level, Street Level, Walkstreet, Flat

Water Public

Others

Tax ID 0459254150000

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Submit

Financing Other

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by GURJEET BHATIA • Acreage Real Estate • 909-233-8003
Bought with GURJEET BHATIA • Acreage Real Estate

Jacqueline Screeton

Agent | License ID: 01858560

+1(949) 395-4732

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