$133,350
$139,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
407 Barstow RD Barstow, CA 92311
9,583 Sqft Lot
Key Details
Sold Price $133,350
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID EV20035145
Sold Date 06/23/20
HOA Y/N No
Year Built 1936
Lot Size 9,583 Sqft
Acres 0.22
Property Description
We are proud to offer this duplex property was built in 1936 situated in a residential neighborhood; approximately 525 sq ft according to the assessor, with unit mix composed of (2) 1 bedroom / 1 bath units. Competitive offering with actual CAP RATE of 7.5% and GRM of 7.4% Property shows great pride of ownership. Barstow is located in San Bernardino County and is a major transportation center for the Inland Empire, major interstates 15 and 40, and State Route 58 serving more than 60 million travelers and 19 million vehicles visiting each year. The city is midway between Los Angeles, CA and Las Vegas, NV. The City also serves as the gateway to Fort Irwin home of the U.S. Army’s National training center where 50,000 service members train every year, the Marine Corps Logistical Base covering 5,000 acres and employs 2,500 people, and NASA’s Goldstone Deep Space Communication Complex, major maintenance hub for BNSF Railway who announced end of 2018 expansion of their facilities investing $230 million for the their CA expenditure program. Outlets at Barstow providing more than 40 stores; including Michael Kors, Swarovki, Kipling, Kate Spade, Coach Factory, and Polo Ralph Lauren. Proposed 23 acre Casino & Resort approved by Barstow City Council, cost $160 million creating 1,065 construction jobs and 1,000 permanent jobs. Call for more details of economic development past and present increasing long term value.
Location
State CA
County San Bernardino
Area Bstw - Barstow
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description No Landscaping
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 0181161570000
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with MIREYA CHAVARRIA • CENTURY 21 CITRUS REALTY INC