511 E Fredricks, Barstow, CA 92311

$1,995,000

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List Agent DARREN CORREA () LE INVESTMENT GROUP; CoList ()

List Price
$1,995,000
Price Change
▼ $205,000 1784705690
Status
ACTIVE
MLS#
IV26147533
Year Built
1964
Lot Size
27,007
Lot Location
21-25 Units/Acre
Days on Market
24
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Three Or More Levels

Property Description

511–517 E. Fredricks Street is a 21-unit multifamily property situated on approximately 0.62 acres in the growing High Desert community of Barstow. The property consists entirely of one-bedroom, one-bathroom units across two two-story buildings totaling approximately 12,968 rentable square feet. Built between 1959 and 1964, the asset offers a value-add investment opportunity with rental upside through continued unit turnover and market rent growth. Tenants pay gas and electricity, helping reduce owner utility expenses. Conveniently located near Interstate 15, Interstate 40, Downtown Barstow, shopping, dining, schools, and the Marine Corps Logistics Base, the property benefits from strong workforce housing demand and excellent regional accessibility.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.