255 West Grace Street

Barstow, CA 92311

$340,000
Price
2
Beds
2
Baths
1,672 Sq. Ft.
$203 / Sq. Ft.
1,672
Sq. Ft.
$203
per Sq. Ft.

Description

BEST PRICED Income Property in Barstow. GREAT INVESTMENT; PERFECT HOME for Investor or 1st Home Buyers; Live in one unit and rent the other, ready to move in. Excellent projected cash flow and cap rate for this very nice duplex. Both units are occupied and generating handsome monthly income, total of $2500 8% cap rate . Units are well maintained. Each unit has 2 Bedrooms and 1 Bathroom of a total 835 Sq Ft living space. Each unit has SEPARATE ELECTRIC, GAS, WATER METERS. Minutes away from Parks,...BEST PRICED Income Property in Barstow. GREAT INVESTMENT; PERFECT HOME for Investor or 1st Home Buyers; Live in one unit and rent the other, ready to move in. Excellent projected cash flow and cap rate for this very nice duplex. Both units are occupied and generating handsome monthly income, total of $2500 8% cap rate . Units are well maintained. Each unit has 2 Bedrooms and 1 Bathroom of a total 835 Sq Ft living space. Each unit has SEPARATE ELECTRIC, GAS, WATER METERS. Minutes away from Parks, Schools, Shopping Centers, Major Freeways (15 & 40) and more... Priced to Sell QUICKLY! Don't Miss Out.. Make your Offer Today!
  1. Listed by Gamal Shohaiep • DRE #01422671 • Brokerage DRE #01916117 • Alam Realty • gshohaiep@msn.com

Property Details for 255 West Grace Street

Parking Spaces Total
4
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1672
Assessor Parcel Number
0428-122-09-0000
Property Attached YN
false
LISTING UPDATED: 08/22/2024 03:49 AM

Property Details for 255 West Grace Street

StatusActive
MLS #HD24166017
Days on Market94
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.18 AC / 7,920 SF
CountySan Bernardino County

Building Information for 255 West Grace Street

Stories1Residences-Year Built1963Building Size-Lot Size0.18 AC / 7,920 SF

Property Information for 255 West Grace Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $30,000
  • Gross Scheduled Income: $27,900
  • Net Operating Income: $2,088
Expense Details
  • Operating Expense: $2,088
  • Insurance Expense: $440
  • Trash Expense: $137
  • Total Expenses: $2,088
Tax / Assessment Info
  • Tax Tract Number: 0095
  • Tax Census Tract: 95.02
  • CFD/Mello-Roos Fee: $214
  • Tax Lot: 33
Community / Development
Community / Development
  • Community Features: Rural
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Kitchen
Exterior Features
  • Entry Location: ground
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 255 West Grace Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 255 West Grace Street

Taxable ValueLand$38,278Additions$109,364Total$147,642
Tax Record2024$1,697 ($141 / month)
Home Facts
Total Finished SqFt1,672 SqFtAbove Grade Finished SqFt1,672 SqFtStories1Lot Size7,920 SqFtStyleDuplexYear Built1963Year Renovated1964CountySAN BERNARDINOAPN0428-122-09-0000

Schools near 255 West Grace Street

This home is within Barstow Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
Cameron Elementary School
PublicK to 6

Barstow Junior High School
Public7 to 8

Barstow High School
Public9 to 12

Barstow Stem Academy
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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255 West Grace Street is a multi-family home for sale in Barstow, CA 92311. This property was listed for sale on August 13, 2024 by Alam Realty, it's currently listed at $340,000. It has been on the market for a total of 94 days and was last sold on December 5, 2019. This listing's school district is Barstow Unified School District. Nearby schools include Cameron Elementary School, Barstow Junior High School and Barstow High School. 255 West Grace Street is a 2-bed, 2-bath, 1,672 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Alam Realty, Gamal Shohaiep, DRE #01422671

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.