855.375.4001
Listed by 3109279680 - Richard Valderrama Calle - The Dara Group Inc.
$1,050,000 affordable loan icon Calculate Payment

405 1st Avenue Barstow, CA 92311

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Apartment Residence
Beds
Baths
... Bed/Bath
4,325 Sq. Ft.

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Last updated on 12/13/2024 7:18 AM
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! Continue reading
MLS#
PW24229440
Property Type
Apartment
Year Built
1955
Square Feet
4,325 sq. ft
Lot Size
0.19
Stories
2.0
Sewer
Public Sewer

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Listed by 3109279680 - Richard Valderrama Calle - The Dara Group Inc.
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 12/13/2024 7:18 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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