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Listed by DARREN CORREA • LE INVESTMENT GROUP
$1,995,000
Est. payment /mo
12,968 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 12,968 sqft
Price per Sqft $153
MLS Listing ID IV-26147533
Year Built 1964
Lot Size 0.620 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
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.
Location
State CA
County San Bernardino
Area Bstw - Barstow
Interior
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Sidewalks
Building
Lot Description 21-25 Units/Acre
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900