1718 Base Line StSan Bernardino, CA 92411

Property Details for 1718 Base Line St

Lot size

0.17 AC

Property type

Industrial properties

Property subtype

Other warehouses

APN

0143-161-03-0000

APU

143161030000

Description

This stabilized self-storage investment opportunity in San Bernardino, CA, features 218 units across five single-story buildings totaling 17,302 net rentable square feet on a 0.85-acre lot. The property boasts an 83.1% occupancy rate as of May 31, 2024, offering immediate cash flow and significant upside potential. Units range in size from 5x3 to 20x12, providing a mix of drive-up and walk-up access. Convenient online rentals and bill pay are available to tenants. The property includes an on-site one-bedroom, one-bathroom manager's residence. Recent capital improvements include new doors and a complete remodel of the office and reception area. Strategically located on West Baseline Street, a high-visibility corridor with over 28,000 vehicles per day, the facility benefits from its proximity to San Bernardino International Airport and San Bernardino Valley College. The surrounding area shows strong demographics, with a 5-mile radius encompassing 375,430 people and an average household income of $79,293. Furthermore, the local submarket is experiencing robust residential growth, with 3,052 future residential units planned within a 5-mile radius. Current street rates are 26.2% below local market averages, presenting a significant opportunity for management to increase revenue. While the current offering does not include an adjacent 0.81-acre parcel, the seller may consider selling it separately.

• Alternative Use

  Use

  Valuation

  Residential

  $2,002,420

  Hospitality

  $1,834,206

  Educational

  $1,526,038

  Medical

  $1,578,521

  Retail

  $2,373,837

Location Insight

City

San Bernardino

County

San Bernardino

State

California

Latitude

34.1217

Longitude

-117.325

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].