1390 Riverside Drive, Barstow, California 92311, Barstow, 92311 - 0 bed, 0 bath
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Barstow, California 92311
This triplex represents a Prime Investment Opportunity, listed at a List Price of $329,000—positioned well below the $340,256 Fair Market Value by 3%. This valuation gap provides $11,256 in Instant Equity. With a Condition Rating of 4, the property offers immediate cash flow from three occupied units and significant upside potential near the BNSF International Gateway. This is a stable, income-generating asset ideal for Buy-and-Hold Investors or Value-Add Investors seeking to capitalize on Barstow’s projected economic growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1390 Riverside Drive Subject | $329,000* List Price | 0 | 0 | 1,816 | $187 | - |
A 313 Maxine Ave. Sold | $305,000 | 0 | 0 | 1,400 | $218 | 0.8 mi |
B 322 Maxine Sold | $250,000 | 0 | 0 | 1,400 | $179 | 0.8 mi |
C 312 Maxine Avenue 1 Active | $380,000 List Price | 0 | 0 | 1,760 | $216 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this 67-year-old property is dated but functional and currently occupied. While it features some recent partial updates (new windows and flooring in Unit A), the overall condition, visible window AC units, and basic interior finishes indicate it has not had a comprehensive renovation in over 20 years, requiring further modernization to meet current standards.
This triplex is fully occupied with all units currently rented and features separate electric and gas meters, providing immediate positive cash flow and simplified utility management.
Situated near major freeways and the upcoming $1.5-billion BNSF Barstow International Gateway, the property is positioned to benefit from significant regional job growth and increased housing demand.
The large 16,650 sq. ft. lot is fully gated and offers ample on-site parking with low-maintenance landscaping, enhancing both security and ease of management for the investor.
Built in 1957, the property may require future capital expenditures for aging systems not covered by recent cosmetic updates, such as plumbing or electrical components.
The main 3-bedroom residence only features a single bathroom, which may limit its appeal to larger families and potentially cap future rental rate increases.
Great investment opportunity in the city of Barstow, this property features a 3-bedroom 1 bath home and two 1 bedroom 1 bath duplex in the back. Each unit has its own electric and gas meter. All units are currently rented, and they could create positive cash flow. The property has plenty of parking space and the front property is fully gated. New windows (both units) and kitchen/bathroom flooring was recently installed in Unit #A of the duplex. Barstow is a city that is on the verge of an economic transformation. The property includes on-site parking and low maintenance landscaping making it truly and desirable investment. Situated near the I-15 and I-40 freeways, Barstow is positioned to see positioned economic growth with BNSF Railway's 1.5-billion-dollar Barstow International Gateway, a 4,500-acre integrated rail facility expected to create approximately 20,000 direct and indirect jobs. What a great opportunity to invest in an area that is expected to experience great economic growth.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,816 | 3,158 |
| Lot Size | 16,650 | 13,400 |
| Price | $329.0K | $327.0K |
| Price per sq ft | $181 | $185 |
| Built year | 1957 | 1968 |
| HOA | $0 | $0 |
| Days on market | 17 | 87 |
Jul 5, 2026
$329,000
Initial Listing
Oct 28, 2004
$120,000
Public Record
Mar 11, 2003
$42,000
Public Record
Apr 17, 1998
$30,000
Public Record