203 W Fredricks Street, Barstow, CA 92311
Property
Sold March 2023
Listing Agent: Tony Scafidi (DRE #01887228) · Listing Office: Rigel Capital · Contact: 760-813-3777 · Bought with: Tony Scafidi · Rigel Capital · MLS #HD22199772 · Source: CRMLS
About this property
Great opportunity to invest in a manageable 6-unit apartment in Barstow, CA. Named Villa Della Collina and built in 1975, the 2-builidng Subject totals ±3,641 square feet of rentable space on a ±0.34 AC lot. The apartment, like its name, rests on a sloping upward street, with a gentle downward path as you get from the street to the back of the lot. The Subject includes both fully leased units and the charm that is only seen occasionally with the mid-seventies architecture. Foundation type is raised with crawlspace, stucco exterior, gable roof with wood frame construction and a common backyard area and private rear parking. Every unit has great layouts in studio, 2-bedroom, and 3-bedroom floorplans, hot water heaters, swamp coolers, ceiling fans, skylights and private tenant parking. Common area features include a laundry room with freezer, 8ft x 8ft storage space, a garden tool metal shed and a 14ft x 14ft Ramada/gazebo for outdoor enjoyment amongst the tenants and their guests. Fully fenced with full, matured landscape operated by drip irrigation, the Subject is well-maintained and operates budgetarily-friendly, even with added conveniences such as 4 outdoor security cameras for a little more piece of mind. The Subject is located in City of Barstow near other multi-family, Barstow High School, city buildings and law enforcement as well as only minutes from transportation, retail, dining, shopping, the famous Harvey House, Route 66 and access to the I-15 and I-40 freeways. The Subject has been owned by Seller for several years and is ready to move-on. Now is the time to take advantage of a cash flowing property and reap the benefits that have been created for the next investor.
Listing description from the March 2023 sale, as reported to CRMLS.
Sale history