115 S 2nd Avenue, Barstow, California 92311, Barstow, - bed, bath
ACTIVE$300,000
115 S 2nd Avenue, Barstow, California 92311
2Beds
1Bath
1,169Sqft
7,500Lot
Year Built
1920
Close
-
List price
$300K
Original List price
$300K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25089847
Home ConditionFair
Features
View-
About this home
***INVESTOR OPPORTUNITY***LARGE CORNER LOT*** NEWLY RENOVATED IN RESIDENTIAL/COMMERCIAL AREA. BOTH UNITS ARE CURRENTLY BEING RENTED AND OFFER INSTANT PASSIVE INCOME. GREAT FOR YOUR RENTAL PORTFOLIO!! MAIN HOUSE FEATURES 2 BEDROOMS 1 BATH WITH ITS OWN LAUNDRY HOOK UPS. RENTERS CAN ENJOY A COMFORTABLE CLIMATE WITH THE SPLIT UNIT OFFERED IN BOTH HOUSES. CASITA UNIT IS A FULLY FUNCTIONAL DWELLING WITH ALL APPLIANCES BEING ELECTRIC AND A FULLY REMODELED RESTROOM. EACH UNIT HAS ITS OWN YARD WITH THEIR OWN PRIVATE PARKING...WON'T LAST! ***INVESTOR OPPORTUNITY***
Nearby schools
2/10
Henderson Elementary School
Public,•K-6•0.9mi
3/10
Cameron Elementary School
Public,•K-6•0.9mi
5/10
Skyline North Elementary School
Public,•K-6•1.9mi
1/10
Barstow Junior High School
Public,•7-8•1.2mi
4/10
Barstow High School
Public,•9-12•0.3mi
Condition Rating
Fair
The property was built in 1920 but has been renovated. The listing mentions it was newly renovated. The images show updated bathrooms and flooring. However, the kitchen is not shown, and the overall impression is that the renovation was basic. Given the age and the extent of visible updates, it's likely that some systems are aged, but functional. It requires minor updates or repairs.
Pros & Cons
Pros
Investment Opportunity: The property is marketed as an investor opportunity with existing rental income from two units.
Dual Income Potential: Features a main house and a separate casita, both currently rented, providing immediate passive income.
Large Corner Lot: Situated on a large corner lot, potentially offering more space and development opportunities.
Newly Renovated: The property has been recently renovated, suggesting reduced immediate maintenance needs.
Split Unit Air Conditioning: Both units are equipped with split unit air conditioning, providing climate control.
Cons
Age of Property: Built in 1920, the property may have underlying structural or system issues common in older homes.
Mixed Use Zoning: Located in a residential/commercial area, which may not appeal to all residential buyers due to potential noise or traffic.
Limited Bathrooms: Only one bathroom for the main house might be a drawback for some tenants or buyers.