Adelanto, CA 92301,11424 Bartlett Avenue
Adelanto, CA 92301,11424 Bartlett Avenue
Adelanto, CA 92301,11424 Bartlett Avenue
14
Listed by GURJEET Kavita BHATIA • Acreage Real Estate
$500,000
$560,000
10.7%
Est.Price: ?

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11424 Bartlett Avenue Adelanto, CA 92301

Est. payment /mo
SOLD DATE : 01/19/2024

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Key Details

Sold Price $500,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID IV-23186791

Sold Date 01/19/24

Year Built 1936

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

Interior

Heating See Remarks

Cooling See Remarks

Laundry See Remarks

Building

Lot Description Walkstreet, Level, Level with Street, Lot 10000-19999 Sqft

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agent

Melissa Paolasso

Agent | License ID: 02062934

+1(949) 463-7024

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