
Barstow, California 92311
This triplex presents a High-Potential Investment Opportunity with a List Price of $354,900—positioned well below the $366,759 Fair Market Value by 3%. This valuation gap offers $11,859 in Instant Equity. Featuring Individually Metered Utilities and a Good Condition Rating, the property includes a remodeled unit and two detached garages with ADU Conversion Potential. This is a stable, income-producing asset ideal for Buy-and-Hold Investors or first-time investors seeking to maximize cash flow in an expanding market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 309 Wilshire Place Subject | $354,900* List Price | 0 | 0 | 1,916 | $191 | - |
A 313 Maxine Ave. Sold | $305,000 | 0 | 0 | 1,400 | $218 | 0.3 mi |
B 322 Maxine Sold | $250,000 | 0 | 0 | 1,400 | $179 | 0.3 mi |
C 312 Maxine Avenue 1 Active | $380,000 List Price | 0 | 0 | 1,760 | $216 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1949, the property is described as well-maintained with one unit featuring a complete modern remodel (as seen in photos with new cabinetry, countertops, and flooring). The presence of individually metered utilities and the 'move-in ready' status of the units offsets the structural age, placing it in the Good category.
The property features separate utility meters for each unit, significantly simplifying management and reducing owner overhead by shifting utility expenses directly to tenants.
Two detached garages provide a prime opportunity for ADU or garage conversions, allowing investors to potentially increase the unit count and maximize rental income.
With one unit already fully remodeled, the property offers a turnkey component that commands higher market rent and reduces immediate capital expenditure requirements.
Built in 1949, the property may require more frequent maintenance and updates to aging infrastructure, such as plumbing and electrical systems, compared to newer builds.
The assigned elementary and middle schools have low performance ratings (ranging from 1 to 3), which may limit the property's appeal to long-term family tenants.
Welcome to this well-maintained triplex in the growing city of Barstow, offering excellent income potential for both seasoned and first-time investors. The property features three separate residential units, each with its own private entrance and individually metered utilities for simplified management and tenant expense allocation. Units one and two each offer 1 bedroom and 1 bathroom, while the third unit features 2 bedrooms and 1 bathroom. One of the units has been fully remodeled, providing a modern living space and added value. The property also includes two detached garages serving two of the units, offering the potential for future ADU or garage conversion opportunities (buyer to verify with the city), creating the possibility for additional rental income. With strong cash flow potential, separate utility meters, and a desirable multi-unit layout, this triplex is an outstanding investment opportunity in an expanding market. Don’t miss your chance to add this versatile income-producing property to your portfolio. Schedule your showing today!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 1.1 mi
Grades K-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,916 | 2,144 |
| Lot Size | 8,250 | 9,508.333 |
| Price | $354.9K | $323.6K |
| Price per sq ft | $185 | $190 |
| Built year | 1949 | 1951 |
| HOA | $0 | $0 |
| Days on market | 44 | 82 |
Jul 27, 2026
$354,900
Initial Listing
Aug 24, 2022
$300,000
Public Record
Apr 16, 2020
$198,000
Public Record
Jan 18, 2017
$90,000
Public Record
Aug 3, 2012
$55,000
Public Record
Mar 17, 2010
$27,000
Public Record
Jan 25, 2006
$200,000
Public Record