405 N 1st Avenue, Property Listing: MLS® #PW24229440

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 propertys appealcompleting 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 Barstows promising future!

405 N 1st Avenue, Property Listing: MLS® #PW24229440 Close
Page Summary
NEW
  • MLS® #: PW24229440
  • 405 N 1st Avenue
  • , CA 92311
  • $1,050,000
  • 0.19 Acres
  • Office: The Dara Group Inc.

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 propertys appealcompleting 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 Barstows promising future!

Supplemental Remarks

Essential Information

  • MLS® #PW24229440
  • Listing Price$1,050,000
  • Original Listing Price$1,050,000
  • Date ListedNovember 7th, 2024
  • Days on Market1
  • Bathrooms0.00
  • Acres0.19
  • Lot Sq.Ft.8,400
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$38

Community Information

  • Address405 N 1st Avenue
  • AreaBARSTOW (92311)
  • CountySan Bernardino
  • StateCA
  • Zip Code92311

Amenities

  • PoolN/K

Interior

  • HeatingN/K
  • CoolingWall/Window
  • # of Stories2

Exterior

  • Lot DescriptionSidewalks
Print this Page

Property Location

Get directions to this property:
Please provide a valid email address.

Nearby Schools in

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS®, Inc.

Listing information last updated on November 28th, 2024 at 12:38am PST.