$220,111
For Sale

127 May Avenue

Barstow, CA 92311
1086 sqft | 3 beds | 1 bath | 0.14 acres | #TR24158464
Listing OfficeHomecoin.com
Browse 16 photos
Type:Purchase
Structure:House
Zone:Residential

Description

127 May Ave, Barstow, CA is an exceptional investment opportunity for several compelling reasons: Rental Demand: Barstow's rental market is robust, with a steady demand for residential properties. This demand is fueled by the city's growing workforce and the presence of military personnel from nearby Fort Irwin. The last tenant was paying $1,500, providing a reliable income stream for investors. Great 3 Bedroom Home: With a bonus room that could be converted back into a bathroom, used as an office, or a 4th room, this property is perfect for first-time home buyers. It offers three spacious bedrooms and laminate floors throughout the home, making cleaning easy and hassle-free. Future Potential: Barstow's strategic location positions it for continued growth. The city is part of the larger High Desert region, which is attracting significant investment and development. Gateway (BIG) is currently working to make a $1.5 billion investment in the High Desert a reality, further boosting the area's economic prospects. Additionally, the lot has room to expand in the future, providing plenty of space for further development. Economic Growth: Barstow has been experiencing steady economic growth, driven by its proximity to major distribution centers and its role as a hub for commerce. The city's efforts to attract new businesses and infrastructure improvements contribute to a positive investment climate. Affordable Entry Point: Compared to larger cities in California, Barstow offers a more affordable entry point for real estate investors. The cost of acquiring property here is significantly lower, allowing for better returns on investment over time. Community and Amenities: The area around 127 May Ave boasts a close-knit community with access to essential amenities, including schools, shopping centers, and healthcare facilities. The ongoing development projects in the vicinity further enhance the neighborhood's appeal. Overall, 127 May Ave in Barstow, CA represents a solid investment with potential for long-term growth, driven by its strategic location, economic prospects, affordability, and strong rental demand.

  • Property Details
      • InteriorLaminateCounters, AllBedroomsDown
      • Property SubtypeSingleFamilyResidence
      • ViewCityLights, Desert
      • Lot DescriptionZeroToOneUnitAcre
      • School DistrictBarstow Unified
      • CountySan Bernardino
      • MLS #TR24158464
      • MLS #TR24158464
      • Property TypePurchase
      • Original List Price$220,000
      • Acres0.1377
      • Utility SourcePublic
      • Cost220111
      • Sewer InformationOther
      • Structure TypeHouse
      • Square Feet1086
      • Year Built1947
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
      • Stories1

Location

Camille ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 92311