711 Candlelight Street, Barstow, California 92311, Barstow, 92311 - 4 bed, 3 bath
ACTIVE$345,900
711 Candlelight Street, Barstow, California 92311
4Beds
3Baths
1,923Sqft
17,325Lot
Price Vs. Estimate
The estimated value ($341,059.44) is $4,840.56 (1%) lower than the list price ($345,900). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17325, living area = 1923.
Top Cons:
Age of Property & Potential for Deferred Maintenance: Built in 1952, the property is over 70 years old, which may imply older systems (plumbing, electrical, HVAC) and a higher likelihood of requiring significant maintenance, repairs, or upgrades.
Compared to the nearby listings
Price:$345.9K vs avg $274.9K (+$70,950)81%
Size:1,923 sqft vs avg 1,339 sqft88%
Price/sqft:$180 vs avg $21028%
More Insights
Built in 1952 (73 years old).
Condition: Built in 1952, this property is over 70 years old and shows significant signs of deferred maintenance and neglect. While one room has newer laminate flooring, the overall condition is poor. The bathroom features exposed electrical outlets, poorly finished walls, and dated tiling. The utility room is in very rough shape with exposed piping and worn surfaces. No kitchen images are provided, but based on the visible areas, it's highly likely to be outdated and in need of substantial renovation. The exterior is unkempt, and an old window AC unit suggests an outdated cooling system. This property requires substantial repairs and rehabilitation to meet modern living standards and address potential safety concerns.
Year Built
1952
Close
-
List price
$346K
Original List price
$370K
Price/Sqft
$180
HOA
-
Days on market
-
Sold On
-
MLS number
HD25023449
Home ConditionPoor
Features
Patio
View-
About this home
INVESTORS ,INVESTORS ,FOR YOU RENTAL PORTFOLIO!!! TWO UNITS ON ONE LOT ,,FRONT HOUSE 3 BEDROOMS 2 BATHS PLUS A BONUS ROOM CAN BE THE 4 BED OR SECOND LIVING ROOM, BACK HOUSE A LITTLE ONE 2 BED AND 1 BATH, BOTH UNITS ARE TENANTS OCCUPIED EACH UNIT WITH OWN ADDRESS ,BLOCK FENCE AND CHAIN LINK GOOD SIZE LOT FOR RV PARKING,BACK ,, DON'T WAIT !! HUGE REDUCTION,BOTH UNITS ARE OCCUPIED ,!!
Condition Rating
Poor
Built in 1952, this property is over 70 years old and shows significant signs of deferred maintenance and neglect. While one room has newer laminate flooring, the overall condition is poor. The bathroom features exposed electrical outlets, poorly finished walls, and dated tiling. The utility room is in very rough shape with exposed piping and worn surfaces. No kitchen images are provided, but based on the visible areas, it's highly likely to be outdated and in need of substantial renovation. The exterior is unkempt, and an old window AC unit suggests an outdated cooling system. This property requires substantial repairs and rehabilitation to meet modern living standards and address potential safety concerns.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17325, living area = 1923.
Multi-Unit Income Potential: The property features two separate units on one lot (a 3-bedroom, 2-bath front house with a bonus room, and a 2-bedroom, 1-bath back house), offering significant rental income potential for investors.
Immediate Rental Income: Both units are currently tenant-occupied, providing immediate cash flow and an established income stream for the new owner.
Large Lot with RV Parking: A substantial 17,325 sqft lot offers ample outdoor space and the added practical benefit of RV parking, appealing to a broader range of tenants or future buyers.
Price Reduction: The property has undergone a 'HUGE REDUCTION' from its original list price of $370,000 to $345,900, indicating a motivated seller and potentially a better investment value.
Versatile Layout: The front house includes a bonus room that can be utilized as a fourth bedroom or a second living area, adding flexibility and appeal to potential tenants.
Cons
Age of Property & Potential for Deferred Maintenance: Built in 1952, the property is over 70 years old, which may imply older systems (plumbing, electrical, HVAC) and a higher likelihood of requiring significant maintenance, repairs, or upgrades.
Zoning/Permit Discrepancy: The listing categorizes the property as a 'Single Family Residence' while explicitly stating 'TWO UNITS ON ONE LOT.' This discrepancy raises concerns about zoning compliance or unpermitted conversions, requiring thorough due diligence from the buyer.
Tenant Occupancy Challenges: While providing income, existing tenant occupancy can complicate property showings, inspections, and the closing process, and may require careful management or transition planning post-acquisition.