518 W Fredricks, Barstow, California 92311, Barstow, 92311 - 0 bed, 0 bath
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Barstow, California 92311
Analysis of 518 W Fredricks, Barstow, California 92311 is currently available with a list price of $1,275,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Barstow Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1952, this property is over 70 years old. While the listing describes it as well-maintained and turnkey, the mention of 'light interior upgrades' to boost returns indicates that kitchens and baths are likely dated. The age of the structure and systems exceeds 20 years without a documented major recent renovation, placing it in the fair category.
The property is strategically positioned to benefit from the upcoming $1.5 billion BNSF Barstow International Gateway project, which is projected to create 20,000 jobs and drive significant long-term housing demand.
This 12-unit complex is fully occupied and features individual metering for gas and electricity, significantly reducing owner utility expenses and simplifying property management.
Situated near the critical crossroads of I-15 and I-40, the property offers excellent regional connectivity, making it highly attractive for the local workforce in a market with limited new supply.
Originally constructed in 1952, the property may require higher long-term capital expenditures and maintenance reserves compared to more modern multi-family assets.
The surrounding public schools have low performance ratings, with several scoring between 1 and 3, which may limit the property's appeal to families despite the high demand for affordable housing.
Don't miss this rare chance to own a fully occupied 12-unit apartment complex in the heart of Barstow, a city on the verge of a major economic transformation. This stabilized income property features a desirable mix of studio and 1-bedroom units that cater to the high-demand affordable housing market, delivering consistent cash flow from day one.Each unit is individually metered for gas and electricity, keeping owner expenses low and operations simple. The property includes on-site parking and low-maintenance landscaping, making this a truly turnkey investment. Well-maintained and move-in ready, there's also modest value-add potential through rent adjustments or light interior upgrades to further boost returns.Location & Growth Potential:Situated near I-15 and I-40, Barstow is positioned at one of the most strategic crossroads in Southern California. The city is set for unprecedented growth with BNSF Railway's $1.5 billion Barstow International Gateway, a 4,500-acre integrated rail facility expected to create approximately 20,000 direct and indirect jobs and reshape the region's economy for decades to come. Construction is anticipated to begin in late 2026, and the influx of workers and families will drive significant housing demand in a market where virtually no new residential construction has broken ground in recent years.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 1.2 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.5 | 50% |
| Baths | 0.0 | 1.0 | 50% |
| Square foot | 5,896 | 4,415 | 50% |
| Lot Size | 22,500 | 16,500 | 50% |
| Price | $1.27M | $707.5K | 50% |
| Price per sq ft | $216 | $132 | 50% |
| Built year | 1952 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 355 | 50% |
May 30, 2026
$1,275,000
Initial Listing
Jan 31, 2025
$1,020,000
Public Record
Jan 30, 2017
$1,375,000
Public Record
Oct 31, 2003
$805,000
Public Record