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$ 2,950,000
Est. payment /mo
New
1230 E Main Barstow, CA 92311
1.29 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26146975
HOA Y/N No
Year Built 1955
Lot Size 1.290 Acres
Property Sub-Type Multi Family
Property Description
Exceptional value-add investment opportunity in the heart of Barstow! This unique property at 1230 E. Main Street offers 48 legally converted residential studio units formerly operated as a hotel and now approved for residential use, creating a rare repositioning opportunity. The property includes approved plans for the addition of kitchenettes, allowing a new owner to complete the renovation and maximize rental potential.
Situated on Historic Route 66 with excellent visibility and convenient access to Interstate 15 and Interstate 40, this property is ideally positioned to serve the area's growing demand for workforce, long-term, and affordable housing.
Whether you're an experienced multifamily investor, developer, or seeking your next value-add project, this asset offers significant upside through renovation and lease-up. Opportunities of this scale with residential entitlements are increasingly difficult to find.
Highlights include:
48 legal residential studio units
Former hotel legally converted to residential use
Approved plans for kitchenettes
Excellent value-add and redevelopment potential
Convenient location near shopping, dining, transportation, and major freeways
Ideal for long-term rental or workforce housing investment
Buyer to independently verify all permits, approvals, zoning, square footage, and intended use with the appropriate governmental agencies.
Situated on Historic Route 66 with excellent visibility and convenient access to Interstate 15 and Interstate 40, this property is ideally positioned to serve the area's growing demand for workforce, long-term, and affordable housing.
Whether you're an experienced multifamily investor, developer, or seeking your next value-add project, this asset offers significant upside through renovation and lease-up. Opportunities of this scale with residential entitlements are increasingly difficult to find.
Highlights include:
48 legal residential studio units
Former hotel legally converted to residential use
Approved plans for kitchenettes
Excellent value-add and redevelopment potential
Convenient location near shopping, dining, transportation, and major freeways
Ideal for long-term rental or workforce housing investment
Buyer to independently verify all permits, approvals, zoning, square footage, and intended use with the appropriate governmental agencies.
Location
State CA
County San Bernardino
Area Bstw - Barstow
Interior
Fireplace No
Laundry Common Area
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 0181292160000
Acceptable Financing Cash to Existing Loan, Conventional, Owner Will Carry, Private Financing Available, Submit
Listing Terms Cash to Existing Loan, Conventional, Owner Will Carry, Private Financing Available, Submit
Special Listing Condition Standard
Listed by Jay Romero Miamar Realty 323-997-1191, DRE #01343079
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