624 E Virginia Way, Barstow, California 92311, Barstow, 92311 - bed, bath
ACTIVE$589,000
624 E Virginia Way, Barstow, California 92311
0Bed
0Bath
3,392Sqft
9,423Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Potential: This quadruplex is explicitly marketed as an 'incredible investment opportunity' with 'strong potential for rental income,' making it ideal for investors seeking to expand their real estate portfolio.
Top Cons:
Property Age: Built in 1981, the property is over 40 years old, which may imply a need for ongoing maintenance, system updates, or capital expenditures to modernize the units and common areas.
Compared to the nearby listings
Price:$589.0K vs avg $325.0K (+$264,000)89%
Size:3,392 sqft vs avg 1,536 sqft89%
Price/sqft:$174 vs avg $18744%
More Insights
Built in 1981 (44 years old).
Condition: Built in 1981, this property is 43 years old and shows signs of age. The kitchens feature dated cabinets, basic laminate countertops, and a mix of older appliances. Bathrooms have dated tile flooring, basic vanities, and fixtures, despite some minor tile updates around the tubs. Flooring throughout is a mix of dated tile and some laminate. A significant functional drawback is the reliance on window AC units, indicating a lack of central air conditioning. While the property appears maintained and functional for basic rental use, its overall style and features are significantly outdated, requiring substantial cosmetic and functional updates to meet current market standards.
Year Built
1981
Close
-
List price
$589K
Original List price
$589K
Price/Sqft
$174
HOA
-
Days on market
-
Sold On
-
MLS number
CV25243545
Home ConditionFair
Features
View-
About this home
Discover an incredible investment opportunity in the heart of Barstow, CA! This property features four spacious units, each offering 2 bedrooms and 1 bathroom, perfect for families or individuals looking for comfortable living spaces. Ideally situated in a vibrant community, these units provide easy access to local amenities, schools, and parks. With a strong potential for rental income, this multifamily property is an excellent choice for investors or those seeking to maximize their real estate portfolio. Don't miss your chance to own this versatile property in a growing area—schedule a viewing today!
Nearby schools
3/10
Cameron Elementary School
Public,•K-6•0.5mi
2/10
Henderson Elementary School
Public,•K-6•1.2mi
5/10
Skyline North Elementary School
Public,•K-6•2.5mi
1/10
Barstow Junior High School
Public,•7-8•0.5mi
4/10
Barstow High School
Public,•9-12•0.7mi
Condition Rating
Fair
Built in 1981, this property is 43 years old and shows signs of age. The kitchens feature dated cabinets, basic laminate countertops, and a mix of older appliances. Bathrooms have dated tile flooring, basic vanities, and fixtures, despite some minor tile updates around the tubs. Flooring throughout is a mix of dated tile and some laminate. A significant functional drawback is the reliance on window AC units, indicating a lack of central air conditioning. While the property appears maintained and functional for basic rental use, its overall style and features are significantly outdated, requiring substantial cosmetic and functional updates to meet current market standards.
Pros & Cons
Pros
Strong Investment Potential: This quadruplex is explicitly marketed as an 'incredible investment opportunity' with 'strong potential for rental income,' making it ideal for investors seeking to expand their real estate portfolio.
Multifamily Configuration: Featuring four independent 2-bedroom, 1-bathroom units, the property offers diversified income streams and reduces vacancy risk compared to single-family investments.
Strategic Location: Ideally situated in a 'vibrant community' with 'easy access to local amenities, schools, and parks,' enhancing tenant appeal and potential for stable occupancy.
Spacious Units: Each of the four units is described as 'spacious,' providing comfortable living spaces that are attractive to families or individuals.
Location in Growing Area: The property is located in a 'growing area' of Barstow, suggesting potential for future property value appreciation and sustained rental demand.
Cons
Property Age: Built in 1981, the property is over 40 years old, which may imply a need for ongoing maintenance, system updates, or capital expenditures to modernize the units and common areas.
Undisclosed Unit Condition: The description does not specify any recent renovations or updates to the individual units, suggesting they might be in original or dated condition, potentially requiring investment to maximize rental value.
Mixed School Ratings: While some nearby schools have good ratings, others, such as Barstow Junior High School (rating 1), have lower performance scores, which could be a consideration for family-oriented tenants.