405 N 1St Avenue

Barstow, CA 92311

$1,050,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1955

calendar_month Built

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!

Listing Information

List Price $1,050,000
Status Active
MLS PW24229440
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1955
Lot Size 8,400
Structure Size N/A
Courtesy Of The Dara Group Inc.
Listing Agent Richard Valderrama Calle DRE#02148207

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Richard Valderrama Calle, The Dara Group Inc. 3109279680. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 8th, 2024 at 1:36 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.