115 S 2nd Avenue, Barstow, California 92311, Barstow, 92311 - 2 bed, 1 bath
ACTIVE$300,000
115 S 2nd Avenue, Barstow, California 92311
2Beds
1Bath
1,169Sqft
7,500Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Immediate Passive Income: Both units are currently rented, offering instant passive income and making it an attractive opportunity for investors seeking immediate cash flow.
Top Cons:
Advanced Age of Structure: Built in 1920, the property is over a century old, which may lead to unforeseen maintenance issues or require significant upgrades to core systems (e.g., plumbing, electrical, foundation) not explicitly covered by recent renovations.
Compared to the nearby listings
Price:$300.0K vs avg $180.0K (+$120,000)67%
Size:1,169 sqft vs avg 2,934 sqft33%
Price/sqft:$257 vs avg $4867%
More Insights
Built in 1920 (105 years old).
Condition: Despite being built in 1920, the property has been 'newly renovated' as stated in the description, making it move-in ready. Images confirm recent updates including new laminate and tile flooring, fresh paint, and updated bathrooms with modern vanities, toilets, and tiling. Both units benefit from modern split-unit AC/heating systems, a significant upgrade. While the extent of renovation on major underlying systems (plumbing, electrical) for such an old structure is not specified, the visible components are in good, functional condition and do not require immediate repairs or updates.
Year Built
1920
Close
-
List price
$300K
Original List price
$300K
Price/Sqft
$257
HOA
-
Days on market
-
Sold On
-
MLS number
CV25089847
Home ConditionGood
Features
View-
About this home
***INVESTOR OPPORTUNITY***LARGE CORNER LOT*** NEWLY RENOVATED IN RESIDENTIAL/COMMERCIAL AREA. BOTH UNITS ARE CURRENTLY BEING RENTED AND OFFER INSTANT PASSIVE INCOME. GREAT FOR YOUR RENTAL PORTFOLIO!! MAIN HOUSE FEATURES 2 BEDROOMS 1 BATH WITH ITS OWN LAUNDRY HOOK UPS. RENTERS CAN ENJOY A COMFORTABLE CLIMATE WITH THE SPLIT UNIT OFFERED IN BOTH HOUSES. CASITA UNIT IS A FULLY FUNCTIONAL DWELLING WITH ALL APPLIANCES BEING ELECTRIC AND A FULLY REMODELED RESTROOM. EACH UNIT HAS ITS OWN YARD WITH THEIR OWN PRIVATE PARKING...WON'T LAST! ***INVESTOR OPPORTUNITY***
Nearby schools
2/10
Henderson Elementary School
Public,•K-6•0.9mi
3/10
Cameron Elementary School
Public,•K-6•0.9mi
5/10
Skyline North Elementary School
Public,•K-6•1.9mi
1/10
Barstow Junior High School
Public,•7-8•1.2mi
4/10
Barstow High School
Public,•9-12•0.3mi
Condition Rating
Good
Despite being built in 1920, the property has been 'newly renovated' as stated in the description, making it move-in ready. Images confirm recent updates including new laminate and tile flooring, fresh paint, and updated bathrooms with modern vanities, toilets, and tiling. Both units benefit from modern split-unit AC/heating systems, a significant upgrade. While the extent of renovation on major underlying systems (plumbing, electrical) for such an old structure is not specified, the visible components are in good, functional condition and do not require immediate repairs or updates.
Pros & Cons
Pros
Immediate Passive Income: Both units are currently rented, offering instant passive income and making it an attractive opportunity for investors seeking immediate cash flow.
Mixed-Use Zoning & Corner Lot: Situated on a large corner lot in a residential/commercial area, providing flexibility for potential future commercial use or development, enhancing its long-term value.
Recent Renovations: The property has been newly renovated, and the casita features a fully remodeled restroom, suggesting reduced immediate maintenance and capital expenditure for a new owner.
Dual Units with Independent Amenities: Comprises two distinct units, each with its own laundry hookups, private yard, and private parking, which significantly enhances tenant appeal and privacy.
Individual Climate Control: Both the main house and the casita are equipped with split units, ensuring comfortable climate control for tenants, a valuable feature in Barstow's weather.
Cons
Advanced Age of Structure: Built in 1920, the property is over a century old, which may lead to unforeseen maintenance issues or require significant upgrades to core systems (e.g., plumbing, electrical, foundation) not explicitly covered by recent renovations.
Limited Interior Space: With a total of 1169 sqft for two units, the individual living spaces are likely compact, potentially limiting the target tenant demographic or future rental income growth compared to larger properties.
Unspecified Renovation Extent: While 'newly renovated' is stated, the description lacks specific details on the scope of these renovations, leaving potential buyers to wonder about the condition of major systems and structural integrity beyond cosmetic updates.