1718 Base Line St, San Bernardino, CA 92411-1649
- Warehouses
- 0.17 lot acres
Current Use by Public Records
- Baseline Personal Storage / Storage Facility
- Base Self Storage / Storage Facility
Property Details for 1718 Base Line St
- Lot size
- 0.17 lot acres
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 0143-161-03-0000
- APU
- 143161030000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 2, 2022 | — | Base Self Storage LLC | — | Deed · related | $948k · Mission Valley Bank |
| Dec 29, 2021 | — | Base Self Storage LLC | — | Deed · related | $813k · Mission Valley Bank |
| Jun 25, 2021 | $2,160,000 | Base Self Storage LLC | Hyun Sae Lee Simon | Grant Deed | — |
| Jan 25, 2021 | $940,000 | Simon H S Lee | Young J Shin | Grant Deed | $564k · Hwa C Kang |
| Jan 25, 2021 | — | Simon H S Lee | Jane J V Lee | Quit Claim Deed · related | — |
| Nov 5, 2015 | $870,000 | Jung Shin Young | Jae Hong Tak | Grant Deed | $565k · Woori America Bank |
| Nov 5, 2015 | — | Young J Shin | Jung,eun K | Quit Claim Deed · related | — |
| Jun 20, 2003 | — | Tak,tr | Tak,jae H & Kyong S | Quit Claim Deed · related | — |
| Jan 14, 2003 | $540,000 | Jae H Tak | San Bernadino Ptshp LLC | Grant Deed | $351k · Mirae Bank |
| Sep 1, 1998 | — | Persona Baseline | — | Deed Of Trust · related | — |
| Sep 6, 1997 | — | Gray,robert S I&lona D Tr | — | Deed Of Trust · related | — |
| Jul 19, 1996 | — | Lona D Gray | — | Deed Of Trust · related | — |
| Jul 14, 1992 | — | Daniel K Miller | — | Deed Of Trust · related | — |
| — | — | Tak Jae & K Family 2003 Trust | — | Deed Of Trust · related | $750k · Pacific City Bank |
| — | — | Donald K Miller Estate | — | Deed Of Trust · related | $125k · Community Thrift & Loan |
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,285,000
- ML approach
- $1,145,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Bernardino
- County
- San Bernardino
- State
- California
- Longitude
- -117.325
- Latitude
- 34.1217
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
