405 North 1st Avenue
$1,050,000
3
10
4,325
4,325
$243
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...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!
- Listed by Richard Valderrama Calle • DRE #02148207 • Brokerage DRE #02101297 • The Dara Group Inc. • 3109279680
Property Details for 405 North 1st Avenue
Parking Spaces Total
10
Private PoolNo
Cooling TypeWall/Window
Total Units10.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4325
Assessor Parcel Number0181-051-12-0000
LISTING UPDATED: 11/07/2024 09:35 PM
Property Details for 405 North 1st Avenue
Status | Active |
---|---|
MLS # | PW24229440 |
Days on Market | 15 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1955 |
County | San Bernardino County |
Building Information for 405 North 1st Avenue
Building/Complex405 N 1st AveFloor-Stories2Residences-Pet Policy-Year Built1955Building Size-
Property Information for 405 North 1st Avenue
Property History for 405 North 1st Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 405 North 1st Avenue
Taxable ValueLand$84,000Additions$716,000Total$800,000
Tax Record2024$9,058 ($755 / month)
Home Facts
Total Finished SqFt384 SqFtAbove Grade Finished SqFt384 SqFtStories1Lot Size8,400 SqFtStyleRestaurantYear Built1955CountySAN BERNARDINOAPN0181-051-12-0000
Schools near 405 North 1st Avenue
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 - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Cameron Elementary School PublicK to 6 | ||
Barstow Junior High School Public7 to 8 | ||
Barstow High School Public9 to 12 | ||
Busd School Of Opportunity Public7 to 12 |
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.
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