401 N 3rd Avenue, Barstow, California 92311, Barstow, 92311 - bed, bath
ACTIVE$250,000
401 N 3rd Avenue, Barstow, California 92311
0Bed
0Bath
984Sqft
4,500Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is explicitly listed as a 'Residential Income' duplex, offering the potential for dual rental income streams from two separate units.
Top Cons:
Advanced Age of Property: Built in 1900, the property is over 120 years old, suggesting a high likelihood of requiring extensive renovations, system upgrades, and ongoing maintenance to meet modern standards.
Compared to the nearby listings
Price:$250.0K vs avg $280.0K ($-30,000)33%
Size:984 sqft vs avg 1,512 sqft22%
Price/sqft:$254 vs avg $20078%
More Insights
Built in 1900 (125 years old).
Condition: Built in 1900, this property is very old and shows significant signs of age and deferred maintenance on the exterior, including dated windows and visible wear. Without any information or images of the interior, particularly the kitchen and bathrooms, it's highly probable that these areas, along with major systems, are original or very outdated, requiring substantial repairs and rehabilitation to meet modern living standards. The property likely needs extensive updates to be comfortable and functional.
Year Built
1900
Close
-
List price
$250K
Original List price
$260K
Price/Sqft
$254
HOA
-
Days on market
-
Sold On
-
MLS number
CV24254071
Home ConditionPoor
Features
View-
About this home
Nearby schools
3/10
Cameron Elementary School
Public,•K-6•1.0mi
2/10
Henderson Elementary School
Public,•K-6•1.1mi
5/10
Skyline North Elementary School
Public,•K-6•1.6mi
1/10
Barstow Junior High School
Public,•7-8•1.4mi
4/10
Barstow High School
Public,•9-12•0.5mi
Price History
Date
Event
Price
12/05/23
Sold
$200,000
02/08/19
Sold
$51,500
10/20/17
Sold
$100,000
03/13/17
Sold
$60,000
03/29/05
Sold
$50,000
Condition Rating
Poor
Built in 1900, this property is very old and shows significant signs of age and deferred maintenance on the exterior, including dated windows and visible wear. Without any information or images of the interior, particularly the kitchen and bathrooms, it's highly probable that these areas, along with major systems, are original or very outdated, requiring substantial repairs and rehabilitation to meet modern living standards. The property likely needs extensive updates to be comfortable and functional.
Pros & Cons
Pros
Income-Generating Duplex: The property is explicitly listed as a 'Residential Income' duplex, offering the potential for dual rental income streams from two separate units.
Recent Price Adjustment: The list price has been reduced by $10,000 from its original $260,000 to $250,000, potentially indicating increased value for buyers or seller motivation.
Proximity to Top-Rated High School: Barstow High School, with a rating of 4, is conveniently located just 0.52 miles away, which is a significant draw for families with high school-aged children.
Proximity to Top-Rated Elementary School: Skyline North Elementary School boasts a rating of 5 and is within a reasonable distance of 1.63 miles, offering a strong educational option for younger students.
Adequate Lot Size: The 4500 sqft lot provides sufficient outdoor space for a duplex, potentially allowing for tenant amenities or privacy, which can enhance rental appeal.
Cons
Advanced Age of Property: Built in 1900, the property is over 120 years old, suggesting a high likelihood of requiring extensive renovations, system upgrades, and ongoing maintenance to meet modern standards.
Significant Price Appreciation Since Last Sale: The current list price of $250,000 represents a substantial 25% increase from its last sale price of $200,000 in December 2023, which may raise concerns about market value and potential overpricing in a short timeframe.
Low-Rated Local Schools: The presence of a 1-rated middle school (Barstow Junior High) and a 2-rated elementary school (Henderson Elementary) in the immediate vicinity could be a deterrent for families prioritizing school quality.