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.
Details
| MLS # | IV26147533 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 76 |
| Listing Provided By | LE INVESTMENT GROUP | DARREN CORREA |
Features
| SQ Feet | 12,968 |
|---|---|
| Story(s) | 2 |
| Units | 21 |
| Building(s) | 2 |
| Acreage | 0.62 |
Exterior
| Lot Features | Twenty One To Twenty Five Units Acre |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | San Bernardino |
| City | Barstow |
| Zip Code | 92311 |
| Area | BSTW Barstow |
| Listing VS Median (in 92311) | |
Price: $1,995,000 low | high Med: $441,500 sqft: 12,968 low | high Med: 2,970 $ / sqft: $154 low | high Med: $149 On site: 76 low | high Med: 77 | |
Market Activity 92311
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Barstow |
| Zip Code | 92311 |
| Area | BSTW Barstow |
| Listing VS Median (in 92311) | |
Price: $1,995,000 low | high Med: $441,500 sqft: 12,968 low | high Med: 2,970 $ / sqft: $154 low | high Med: $149 On site: 76 low | high Med: 77 | |