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11200 Locust Ave
About This Property
Property Address: 11200 Locust Ave, Bloomington, CA 92316
Lot Size: ±3.50 Acres (152,460 SF)
Zoning: BL/RS-1-AA (per San Bernardino County)
Access: Paved street access from Locust Ave
Utilities: No utilities currently on-site
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2026 | Price Decreased |
$799,999
↓ $200K
(20%) | |
| Price Decreased | |||
| May 10, 2026 | Listed by GATEWAY PROPERTIES GROUP | $999,999 | |
| Listed by GATEWAY PROPERTIES GROUP | |||
| Jul 31, 2025 | Listed | $1,500,000 | |
| Listed | |||
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PRIME LAND! With 3.5 acres of prime land in a PRIME LOCATION, this parcel of land is ready to be developed into your next big vision for personal or business endeavors. This is a GEM that offers a blank canvas with an array of possible potential uses. All potential uses, including those listed here, along with all specific permits required for potential uses, MUST be verified with the city and/or county.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017