$ 1,050,000
405 N 1st AVE Barstow, CA 92311
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,050,000
Est. payment /mo
Active
405 N 1st AVE Barstow, CA 92311
8,400 Sqft Lot
UPDATED:
11/08/2024 12:42 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW24229440
Originating Board California Regional MLS
Year Built 1955
Lot Size 8,400 Sqft
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 No Heating
Cooling Window / Wall Unit
Laundry None
Exterior
Garage Assigned Spaces
Garage Spaces 10.0
Pool 31, None
Building
Water District - Public
Others
Tax ID 0181051120000
Special Listing Condition Not Applicable
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Listed by Richard Valderrama Calle • The Dara Group Inc.
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