127 May Avenue, Barstow, CA 92311
-
Listed Price :
$220,000
-
Beds :
3
-
Baths :
1
-
Property Size :
1,086 sqft
-
Year Built :
1947
Property 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.
Interior Features
| Laundry Information |
| Location(s) |
Washer Hookup, Electric Dryer Hookup |
| Bedroom Information |
| Bedrooms |
3 |
| Bathroom Information |
| Bathrooms |
1 |
| Flooring Information |
| Material |
Vinyl |
| Interior Information |
| Features |
Laminate Counters, All Bedrooms Down |
| Cooling Type |
Evaporative Cooling |
Listing Information
| Address |
127 May Avenue |
| City |
Barstow |
| State |
CA |
| Zip |
92311 |
| County |
San Bernardino |
| Listing Agent |
Jonathan Minerick DRE #01523060 |
| Courtesy Of |
Homecoin.com |
| List Price |
$220,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
1,086 |
| Lot Size |
6,000 |
| Year Built |
1947 |
Listing information courtesy of: Jonathan Minerick, Homecoin.com. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 28th, 2024 at 1:58 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
