Pending

29867 N 1st

Barstow, CA 92311
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Bed 0

Bed

Bath 0

Bath

SqFt5,000

Sqft

SqFt161,000

Sqft(Lot)

These are very nice units in the growing city of Barstow. Barstow is located 30 miles north of Victorville in the Upper Desert. Barstow's future growth is estimated to double in the near future due to Barstow being the center of the Barstow International Gateway project. This plan includes a 5,000 acre rail & logistics hub led by BNSF Railway. This identified "BIG" facility is designed to streamline freight movement and position Barstow as a regional economic powerhouse. This includes a 9 MILLION SQUARE FOOT WAREHOUSE EMPLOYING 15,000+ NEW JOBS!! Please see details in documents attached. These units are located just north of Route 66 and central Barstow. Public & school bus stops are located in front of these units. Skyline Elementary is minutes walking distance away. The Walmart Sup erstore is just minutes away for shopping convenience. These units are just across the street from the San Bernardino County Welfare & Social Security offices, making it easy for tenants to get their checks! This complex consists of 7 units that includes front and rear buildings. The front building is a freestanding house, consisting of 3 bedrooms & 1 bath. The rear building contains six units, consisting of 1 bedroom's & 1 bath's each, side by side to each other. As you can see in the pictures, all units have tile flooring, wall heating, and window air conditioning. All units are separately metered with gas & electric which tenants sign up and pay for. Landlord's only operating expenses are water and trash. The income and expenses are LOCATED IN SUPPLEMENTS in the MARKET PACKAGE ATTACHED. THIS COMPLEX REALLY PERFORMS!!! At actual rents, we're putting out $84,780 annual gross income, a 6.31 Gross Rent Multiplier, a 12.28% Cap Rate, and a 27.52% Cash on Cash Return. Please note that after remodeling, the seller has intentionally left four units vacant to allow the buyer to bring in market rents and avoid rent control. For estimated rents for the vacant units, I used nearby RENT COMPS that are LOCATED IN SUPPLEMENTS in the MARKETING PACKAGE ATTACHED. At market rents, we're putting out $102,720 annual gross income, a 5.21 Gross Rent Multiplier, an unheard of 16.51% Cap Rate, and an eye opening 44.45% Cash on Cash Return!!! YOU CAN SEE THE DETAILS OF THIS IN SUPPLEMENTS IN THE MARKETING PACKAGE ATTACHED. Finally, please note that this offering IS LOCATED ON 3.7 ACRES. SO THERE'S HUGE ROOM TO ADD ON A LOT OF UNITS!!!!!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $535,000

AD Id : 83739255

MLS Id : SW26127673

Lot Size : 161,000 Sqft

Living Area Size : 5,000

Year Built : 1955

County : San Bernardino

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Feature Features

  • Building Information

    Year Built: 1955
    Building Area Total: 5000
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 161000 Lot Size Acres: 3.6961 Lot Size Source: Assessor Lot Size Square Feet: 161,000 Lot Description: 2-5 Units/Acre

  • Listing Price Information

    Listing Price: $535000
    Original Price: $699000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 0425011220000 Tax Lot: 3

  • Location Information

    Direction: Route 66 to 1st Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
31582 Clay River Road, Barstow, CA, 92311 $495,000 4 3 2,610 2,610 SqFt
36370 Fern, Barstow, CA, 92311 $375,000 4 2 1,242 1,242 SqFt
31516 Clay River Road, Barstow, CA, 92311 $689,000 5 3 3,020 3,020 SqFt
36415 Soapmine, Barstow, CA, 92311 $256,000 3 1 984 984 SqFt
30575 Us Highway 58, Barstow, CA, 92311 $395,000 3 3 2,130 2,130 SqFt
610 Chateau, Barstow, CA, 92311 $229,000 3 2 1,202 1,202 SqFt
2158 Sierra Linda, Barstow, CA, 92311 $359,000 3 2 1,616 1,616 SqFt
701 Montara Road #126, Barstow, CA, 92311 $24,000 2 1 --
701 Montara Road #91, Barstow, CA, 92311 $26,500 2 2 1,368 1,368 SqFt
1423 Mesa Drive, Barstow, CA, 92311 $250,000 3 2 984 984 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/25/2026 @ 10:29

MLS: SW26127673 LISTED BY: Tony Burton, Burton Commercial, Inc. 951-375-7433 SOURCE: CRMLS

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