405 A&b N 3rd Avenue B, Barstow, California 92311, Barstow, 92311 - bed, bath

405 A home-pic-0
ACTIVE$265,000
405 A&b N 3rd Avenue B, 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 consists of two separate, completely remodeled units, offering immediate and optimal rental income potential for investors.
Top Cons:
Historic Property Age: Built in 1900, the property's age may present underlying structural or system challenges despite recent remodels.

Compared to the nearby listings

Price:$265.0K vs avg $280.0K ($-15,000)44%
Size:984 sqft vs avg 1,512 sqft22%
Price/sqft:$269 vs avg $20089%

More Insights

Built in 1900 (125 years old).
Condition: Despite being built in 1900, the property has been 'completely remodeled' as stated in the description, and the images confirm a very recent and extensive renovation. The kitchen features new white shaker cabinets, dark countertops, a stainless steel sink, modern faucet, gas range, and stainless steel range hood with subway tile backsplash. The bathroom boasts a new dark wood vanity, white sink, modern faucet, and white subway-style tile shower surround. New grey laminate flooring is installed throughout, walls are freshly painted, and light fixtures are modern and simple. All visible components appear new or virtually new, meeting current quality standards for a rental property, indicating no deferred maintenance in the renovated areas.
Year Built
1900
Close
-
List price
$265K
Original List price
$230K
Price/Sqft
$269
HOA
-
Days on market
-
Sold On
-
MLS number
CV24069864
Home ConditionExcellent
Features
View-

About this home

A prime opportunity to own optimal income producing property! This property is made up of two units positioned side by side. It features an enclosed patio with a walkway leading up to the front porch. Each unit is equally divided into 492 square feet of living space and each unit is made up of 1 bedroom, 1 full bathroom, a living room, kitchen and designated dining area. These identical units are identified as Unit A and Unit B, each clearly labeled out front. Each entrance is made up of two doors. One door is a steel security door and is then followed by a standard front door. Upon entering with unit you will encounter a fairly luminous living room with heating and cooling. As you walk in further, you will set foot in the kitchen which meets the homes designated dining area. The dining area has a doorway that leads directly into the sole but cozy bedroom. In the bedroom, there are two doors. One leads you to an L-shaped reach in closet and the other leads you directly into the bathroom. This property is located near historic roads, plazas, Central High School, the 15 fwy and the Barstow Amtrak Station. The property is completely remodeled and ready to generate rental income.

Nearby schools

2/10
Henderson Elementary School
Public,K-60.3mi
3/10
Cameron Elementary School
Public,K-61.3mi
5/10
Skyline North Elementary School
Public,K-62.3mi
1/10
Barstow Junior High School
Public,7-81.4mi
4/10
Barstow High School
Public,9-120.4mi
Condition Rating
Excellent

Despite being built in 1900, the property has been 'completely remodeled' as stated in the description, and the images confirm a very recent and extensive renovation. The kitchen features new white shaker cabinets, dark countertops, a stainless steel sink, modern faucet, gas range, and stainless steel range hood with subway tile backsplash. The bathroom boasts a new dark wood vanity, white sink, modern faucet, and white subway-style tile shower surround. New grey laminate flooring is installed throughout, walls are freshly painted, and light fixtures are modern and simple. All visible components appear new or virtually new, meeting current quality standards for a rental property, indicating no deferred maintenance in the renovated areas.
Pros & Cons

Pros

Income-Generating Duplex: The property consists of two separate, completely remodeled units, offering immediate and optimal rental income potential for investors.
Recent Remodel: The property has been 'completely remodeled,' reducing initial renovation costs for a new owner and enhancing tenant appeal.
Strategic Location: Located near the I-15 freeway, Barstow Amtrak Station, and local amenities, providing convenient access for tenants.
Affordable Investment: With a list price of $265,000, it represents a relatively accessible entry point for a multi-unit income property.
Essential Comforts & Security: Each unit is equipped with heating and cooling, and features steel security doors, enhancing tenant comfort and safety.

Cons

Historic Property Age: Built in 1900, the property's age may present underlying structural or system challenges despite recent remodels.
Compact Unit Layouts: Each 1-bedroom, 1-bathroom unit is only 492 sq ft, potentially limiting tenant demographics and rental income ceiling.
Subpar School District Ratings: Several local schools exhibit low ratings (e.g., Barstow Junior High rating 1), which could be a deterrent for prospective tenants with families.

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