405 N 1st AVE Active Save Request In-Person Tour Request Virtual Tour
Barstow,CA 92311
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,325 sqft
Price per Sqft $242
MLS Listing ID PW24229440
HOA Y/N No
Year Built 1955
Lot Size 8,398 Sqft
Acres 0.1928
Property 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!
Location
State CA
County San Bernardino
Area Bstw - Barstow
Interior
Heating None
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry None
Exterior
Parking Features Assigned
Pool None
Community Features Sidewalks,Street Lights
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Confidential INFO
TERMS 1031 Exchange,Cash,Conventional
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Offer Subject to Inspection. Drive by Only. Please Contact Listing Agent at 310-927-9680.