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$1,275,000
Est. payment /mo
0.52 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG26116842
HOA Y/N No
Year Built 1952
Lot Size 0.516 Acres
Property Sub-Type Mixed Use
Property Description
Don't miss this rare chance to own a fully occupied 12-unit apartment complex in the heart of Barstow, a city on the verge of a major economic transformation. This stabilized income property features a desirable mix of studio and 1-bedroom units that cater to the high-demand affordable housing market, delivering consistent cash flow from day one.Each unit is individually metered for gas and electricity, keeping owner expenses low and operations simple. The property includes on-site parking and low-maintenance landscaping, making this a truly turnkey investment. Well-maintained and move-in ready, there's also modest value-add potential through rent adjustments or light interior upgrades to further boost returns.Location & Growth Potential:Situated near I-15 and I-40, Barstow is positioned at one of the most strategic crossroads in Southern California. The city is set for unprecedented growth with BNSF Railway's $1.5 billion Barstow International Gateway, a 4,500-acre integrated rail facility expected to create approximately 20,000 direct and indirect jobs and reshape the region's economy for decades to come. Construction is anticipated to begin in late 2026, and the influx of workers and families will drive significant housing demand in a market where virtually no new residential construction has broken ground in recent years.
Location
State CA
County San Bernardino
Area Bstw - Barstow
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Curbs
Utilities Available Cable Available
Total Parking Spaces 12
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0182113310000
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Listed by JAMES KELLEY KELLER WILLIAMS REALTY 951-992-2426, DRE #01963137
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