$1,800,000
UNDER CONTRACT

1040 May Ln Barstow, CA 92311

Estimated payment $11,390/month

Total Views 1,840
2 Beds
2 Baths
10,656 Sq Ft
$169 Price per Sq Ft

Highlights

  • In Ground Pool
  • Hiking Trails
  • Laundry Room
  • 1.47 Acre Lot

About This Home

Seller is motivated to sell this 14 unit apartment built in 1986 which consists of (14) 2bed/2bath units located in the city of Barstow, California. Each unit is approx. 888 square feet and currently there are 6 vacant units which are ready to be rented. There are 12 detached one car garages which are currenlt not being used. In addition the property is conveniently located within a five minute drive of the Barstow Outlets which consist of stores such as Columbia Factory Store, Levi's Outlet Store, Skechers, Lacoste Clothing, Claire's, Coach, Nike Factory, Adidas, Bath & Body, Kate Spade, Guess Factory, Old Navy, Pollo Loco, In N Out Burger, Chili's Grill and Bar, Starbucks and much more! Seller may carry a 2nd loan if necessary to help a buyer.

Listing Agent

Charly Ubaldo

Keller Williams Victor Valley Brokerage Phone: 213-527-0450 License #02088736 Listed on: 06/03/2025

Keller Williams Victor Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 1.47 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 12 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 10,656 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Pool

  • In Ground Pool

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 0428122280000
  • $1 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 14 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Hiking Trails

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $85,260
  • Net Operating Income $133,257

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

12

Listing Details

  • Price Per Unit: 128571
  • Property Attached: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0428122280000
  • Year Built: 1986
  • Special Features: UnderContract

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 168.92

Exterior Features

  • Pool Features: Community, In Ground
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Total Parking Spaces: 12.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 63939.00
  • Lot Size Acres: 1.4678

Multi Family

  • Gross Scheduled Income: 225276.00
  • Lot Size Area: 63939.0000 Square Feet
  • Net Operating Income: 133257.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 14
  • Operating Expense: 85260.00
  • Rent Control: No
  • Total Expenses: 85260.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $1,800,000 -27.9% $169 / Sq Ft
11/11/2023 11/11/23 For Sale $2,495,000 +8.5% $129 / Sq Ft
11/09/2023 11/09/23 Sold $2,300,000 0.0% $119 / Sq Ft
11/02/2023 11/02/23 Off Market $2,300,000 -- --
11/01/2023 11/01/23 For Sale $2,495,000 +8.5% $129 / Sq Ft
10/05/2023 10/05/23 Off Market $2,300,000 -- --
10/03/2023 10/03/23 For Sale $2,495,000 +8.5% $129 / Sq Ft
09/21/2023 09/21/23 Off Market $2,300,000 -- --
09/16/2023 09/16/23 For Sale $2,495,000 +66.3% $129 / Sq Ft
07/24/2023 07/24/23 Sold $1,500,000 0.0% --
07/05/2023 07/05/23 Off Market $1,500,000 -- --
07/05/2023 07/05/23 For Sale $1,590,000 +6.0% --
07/04/2023 07/04/23 Off Market $1,500,000 -- --
07/04/2023 07/04/23 For Sale $1,590,000 +6.0% --
06/05/2023 06/05/23 Off Market $1,500,000 -- --
05/03/2016 05/03/16 Sold $1,770,000 0.0% $91 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $1,770,000 -- $91 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25124222

California Regional Multiple Listing Service (CRMLS)