$1,050,000
For Sale

405 N 1st Avenue

Barstow, CA 92311
0.19 acres | #PW24229440
Listing OfficeThe Dara Group Inc.
Browse 12 photos
Type:Multi-Family
Structure:House
Zone:Residential

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
      • Lot DescriptionZeroToOneUnitAcre
      • Stories2
    • Measurements
      • Acres0.1928
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1955
  • Utilities / Energy Details
      • Utility FeaturesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySan Bernardino
  • Financial Details
      • Original List Price$1,050,000
  • Other
      • MLS #PW24229440

Location

Karen SellersReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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