Investor Opportunity in Barstow, CA! This recently remodeled 10-unit property is an ideal investment, with all units updated with new paint, flooring, and fixtures. The owner has taken great care to elevate the property’s appeal—completing full unit remodels, raising rents to market value or above, and securing reliable, high-quality tenants. Property is currently generating excellent positive cash flow. Barstow''s future shines brightly with ambitious city initiatives. The upcoming $1.5 billion Barstow International Gateway project will introduce a massive railyard, warehouse center, and solar farm, bringing thousands of jobs and development opportunities. Meanwhile, a General Plan update and BIG Specific Plan are set to add 6,920 residential units and over 14 million square feet of non-residential spaces. With improvements underway in transportation, public services, and housing options, Barstow is primed for economic growth and sustainability. Secure this property and benefit from immediate returns while capitalizing on Barstow’s promising future!
Property Details
Price:
$1,050,000
MLS #:
PW24229440
Status:
Active
Baths:
0
Address:
405 N 1st Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
bstwbarstow
City:
Barstow
Listed Date:
Nov 7, 2024
State:
CA
ZIP:
92311
Lot Size:
8,400 sqft / 0.19 acres (approx)
Year Built:
1955
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
None
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Assigned
Parking Spots
10.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Map
Community
- Address405 N 1st Avenue Barstow CA
- AreaBSTW – Barstow
- CityBarstow
- CountySan Bernardino
- Zip Code92311
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Courtesy of The Dara Group Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
405 N 1st Avenue
Barstow, CA
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