NOT LISTED FOR SALE

221 N 3rd Ave Barstow, CA 92311

10 Beds
10 Baths
6,864 Sq Ft
0.38 Acre Lot

Sale Details

Date Sold: September 26, 2024

Last sale price $925,000 $135 Per Sq Ft

121 Days on Market

Highlights

  • Gated Parking
  • Mountain View
  • Security Fence
  • 0.38 Acre Lot
  • Tile Flooring
  • Wall Furnace

About This Home

As of September 2024

Back on the Market ! Welcome to an unparalleled opportunity in the heart of picturesque downtown Barstow—a chance to own 12 charming one-bedroom apartments nestled within the historical charm of downtown Barstow. Security gates provided for added peace of mind and privacy. Please Take a look at the opportunity to purchase 20 units next door at 213 3rd Ave MLS # IG24058611. Don't miss your chance to own a piece of downtown Barstow's rich tapestry. Seize this opportunity to invest in a thriving community and embark on a journey towards prosperity and success. All Apartments are rent ready. Motivated Seller. All Units have been remodel. A great Buy!

Last Agent to Sell the Property

Rochelle Guerra

TNG Real Estate Consultants Brokerage Phone: 562-619-9386 License #01502933 Listed on: 04/11/2024

TNG Real Estate Consultants

Last Buyer's Agent

Richard Valderrama Calle

The Dara Group Inc. License #02148207

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 16,500 Sq Ft Lot
  • 1 Common Wall
  • Security Fence
  • Electric Fence
  • Density is 11-15 Units/Acre

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 6,864 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Parking

  • Gated Parking
  • Paved Parking
  • On-Street Parking

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas
  • Legal Lot and Block 15 / 5
  • Tax Tract Number 2044
  • Assessor Parcel Number 0181075420000
  • $467 per year additional tax assessments

Community Details

Overview

  • 12 Units

Building Details

  • 6 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $576
  • Insurance Expense $4,000
  • Maintenance Expense $300
  • Professional Management Expense $7,325
  • Trash Expense $3,000
  • Water Sewer Expense $3,240
  • New Taxes Expense $12,000
  • Operating Expense $43,497
  • Gross Income $124,020
  • Net Operating Income $80,523

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0.38 Acres

Listing Details

  • Assessments: Yes
  • CapRate: 6.29
  • Professional Management Expense: 7325.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 3240.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 0181075420000
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Vinyl
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 134.76

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Electric, Security
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking Features: Paved, Gated, Street

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 16500.00
  • Lot Size Acres: 0.3788

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 575 Square Feet
  • Electric Expense: 576.00
  • Gross Income: 124020.00
  • Gross Operating Income: 80523.00
  • Gross Scheduled Income: 124020.00
  • Insurance Expense: 4000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 16500.0000 Square Feet
  • Maintenance Expense: 300.00
  • Net Operating Income: 80523.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 12
  • Number With Range: 12
  • Operating Expense: 43497.00
  • Rent Control: No
  • Total Actual Rent: 4300.00
  • Total Expenses: 43497.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Block: 5
  • Tax Census Tract: 94.00
  • Tax Lot: 15
  • Tax Tract Number: 2044
  • TaxOtherAnnualAssessmentAmount: 467.00
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/26/2024 09/26/24 Sold $925,000 -7.5% $135 / Sq Ft
08/11/2024 08/11/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $1,000,000 +8.1% $146 / Sq Ft
07/29/2024 07/29/24 Off Market $925,000 -- --
07/19/2024 07/19/24 For Sale $1,000,000 +8.1% $146 / Sq Ft
07/18/2024 07/18/24 Off Market $925,000 -- --
07/10/2024 07/10/24 For Sale $1,000,000 +8.1% $146 / Sq Ft
07/09/2024 07/09/24 Off Market $925,000 -- --
04/11/2024 04/11/24 For Sale $1,000,000 -- $146 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,552 $925,000 $185,000 $740,000
2024 $4,182 $369,794 $34,134 $335,660
2023 $4,092 $362,543 $33,465 $329,078
2022 $4,077 $355,434 $32,809 $322,625
2021 $3,958 $348,465 $32,166 $316,299
2020 $3,966 $344,892 $31,836 $313,056
2019 $3,755 $338,130 $31,212 $306,918
2018 $3,944 $331,500 $30,600 $300,900
2017 $1,899 $174,011 $8,420 $165,591
2016 $1,876 $170,599 $8,255 $162,344
2015 $1,837 $168,036 $8,131 $159,905
2014 $1,825 $164,745 $7,972 $156,773
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24058602

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.