405 N 1st Avenue
Barstow, CA 92311
0.19 acres | #PW24229440
Description
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
- Utility FeaturesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
- Lot DescriptionZeroToOneUnitAcre
- CountySan Bernardino
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$1,050,000
- MLS #PW24229440
- MLS #PW24229440
- Property SubtypeApartment
- Cost1050000
- Acres0.1928
- Utility SourcePublic
- Year Built1955
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Richard Valderrama Calle (#PWVALRIC)
Listing Office: The Dara Group Inc. (#PB21065)
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