761 761 Upton Drive, Barstow, California 92311, Barstow, 92311 - bed, bath
ACTIVE$580,000
761 761 Upton Drive, Barstow, California 92311
0Bed
0Bath
3,158Sqft
13,400Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Excellent Investment Opportunity: The property is explicitly marketed as an 'Excellent Investment Opportunity' for portfolio expansion, with features designed to attract long-term tenants and generate income.
Top Cons:
Age of Property: Built in 1968, the property is over 50 years old, which may imply the need for significant capital expenditures in the near future for system updates or deferred maintenance.
Compared to the nearby listings
Price:$580.0K vs avg $325.0K (+$255,000)89%
Size:3,158 sqft vs avg 1,536 sqft89%
Price/sqft:$184 vs avg $18744%
More Insights
Built in 1968 (57 years old).
Condition: The property was built in 1968, making it over 50 years old. While the interior units, particularly the kitchen and bathroom, show recent cosmetic updates with modern white shaker cabinets, new countertops, subway tile backsplash, modern fixtures, and updated flooring in living areas, the overall property condition is aged. The exterior appears worn, and the AC units visible on the roof look older. Bedroom carpets are dated. Despite the appealing interior refreshes, the age of the building suggests that major systems (plumbing, electrical, HVAC) may be original or older and will likely require significant attention or replacement in the near future, aligning with the 'Fair' condition criteria for an aged property with functional but potentially outdated major components.
Year Built
1968
Close
-
List price
$580K
Original List price
$610K
Price/Sqft
$184
HOA
-
Days on market
-
Sold On
-
MLS number
HD25230191
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights
About this home
HUGE PRICE ADJUSTMENT!!!! Ready for an Excellent Investment Opportunity to add to your portfolio?!!! Located on a corner lot with room for future expansion. Each of the 4 units are thoughtfully designed with 2 bedrooms, 1 bathroom, a spacious living room, plenty of extra closet spaces, and a functional kitchen. making them highly attractive to long term tenants. This property also features individual parking spaces for each unit, ensuring convince and accessibility. A potential community laundry room provides added value and income potential. With this prime corner location, the lot offers extra space to add additional units or enhance amenities, creating even greater upside for investors.
Condition Rating
Fair
The property was built in 1968, making it over 50 years old. While the interior units, particularly the kitchen and bathroom, show recent cosmetic updates with modern white shaker cabinets, new countertops, subway tile backsplash, modern fixtures, and updated flooring in living areas, the overall property condition is aged. The exterior appears worn, and the AC units visible on the roof look older. Bedroom carpets are dated. Despite the appealing interior refreshes, the age of the building suggests that major systems (plumbing, electrical, HVAC) may be original or older and will likely require significant attention or replacement in the near future, aligning with the 'Fair' condition criteria for an aged property with functional but potentially outdated major components.
Pros & Cons
Pros
Excellent Investment Opportunity: The property is explicitly marketed as an 'Excellent Investment Opportunity' for portfolio expansion, with features designed to attract long-term tenants and generate income.
Significant Expansion Potential: Located on a prime corner lot with ample space, the property offers room for future expansion, including adding additional units or enhancing amenities, providing substantial upside for investors.
Multi-Unit Income Property: As a quadruplex with four thoughtfully designed 2-bedroom, 1-bathroom units, it provides diversified rental income streams, making it an attractive asset for investors.
Tenant-Friendly Features: Each unit is designed with spacious living rooms, functional kitchens, and extra closet space. Individual parking spaces for each unit and the potential for a community laundry room enhance tenant convenience and retention.
Motivated Seller / Price Adjustment: A 'HUGE PRICE ADJUSTMENT' and a recent price drop from $610,000 to $580,000 indicate a motivated seller, potentially offering a favorable acquisition price for buyers.
Cons
Age of Property: Built in 1968, the property is over 50 years old, which may imply the need for significant capital expenditures in the near future for system updates or deferred maintenance.
Unrealized Laundry Room Potential: The community laundry room is described as 'potential,' indicating it is not currently established and would require additional investment and effort from the new owner to generate this promised added value and income.
Lack of Unit Renovation Details: Despite the property's age, the description does not specify any recent renovations or upgrades to the individual units, suggesting they might require modernization to maximize rental income and tenant appeal.