
Barstow, California 92311
This Multi-Unit Residential Income Asset represents a High-Potential Investment Opportunity with a List Price of $220,000—positioned well below the $324,262 Fair Market Value by 32%. This significant valuation gap provides $104,262 in Instant Equity. Featuring two separate dwellings with a Fair Condition Rating, the property includes functional upgrades like newer mini-split HVAC systems and secure wrought iron fencing. Located near Barstow High School, this dual-unit setup offers immediate rental income potential with room for appreciation through interior modernization. It is an optimized acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 515 Clark Subject | $180,000* List Price | 0 | 0 | 1,500 | $147 | - |
A 600 Nancy Street Sold | $215,000 | 4 | 2 | 1,512 | $142 | 0.7 mi |
B 129 May Avenue Active | $225,000 List Price | 0 | 0 | 1,488 | $151 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, the property is well-maintained for its age and features significant functional upgrades like newer mini-split HVAC systems and secure wrought iron fencing. However, the interior finishes, including the kitchens and bathrooms, appear dated and reflect a basic rental quality rather than a modern renovation, placing it firmly in the 'fair' category.
The property features two separate residential units on one lot, offering an excellent opportunity for rental income or a multi-generational living arrangement in a central location.
Both units are equipped with newer mini-split systems for heating and cooling, providing energy-efficient comfort which is a significant value-add in the Barstow desert climate.
The property is fully enclosed with wrought iron fencing, including a large rolling gate for the driveway, ensuring a secure environment for residents and their vehicles.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1500, other record living area = 738.
Built in 1925, the property may require ongoing maintenance or future upgrades to its older structural and plumbing systems to meet modern standards.
Primary access to the homes is restricted to the alleyway rather than a traditional street front, which may impact curb appeal and ease of navigation for some visitors.
Two separate homes, centrally located in Barstow, between 5th Street & 6th Street. Both units have newer mini-split units for heating & cooling. Access to the homes is from the alley that runs parallel to, and between Clark St & White St. Unit 2 is in front. It's about 733 s/f & has 1 bedroom 1 bath plus a small bonus room off of the bedroom that has a door to the exterior, would make a nice office, nursery or other room. Unit 1 is behind Unit 2. It's about 285 s/f and is a studio apartment with a combination bedroom/living room, a kitchen and 1 bath. Both units face north. There's room for 2 or 3 cars in the driveway, alley parking also available. Super convenient to Central High school, Bank of America, Union Bank & other local services. Wrought iron fencing including walk through gate plus a large gate that rolls across to secure the driveway.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.1 mi
Grades K-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,500 | 1,457 | 50% |
| Lot Size | 3,500 | 6,775 | 25% |
| Price | $180.0K | $272.5K | 13% |
| Price per sq ft | $120 | $197 | 13% |
| Built year | 1925 | 1946 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 244 | 13% |
Apr 4, 2026
$180,000
$220,000
-18% Price Drop
Initial Listing
Feb 21, 2026
$220,000
Initial Listing
May 22, 2023
$125,000
Public Record
Jul 13, 2018
$90,000
Public Record
Apr 22, 2016
$30,000
Public Record
Nov 2, 2005
$88,000
Public Record