518 W Fredricks St Barstow, CA 92311
Estimated payment $7,557/month
Highlights
- 0.52 Acre Lot
- Cooling System Mounted To A Wall/Window
- 1-Story Property
About This Home
Don't miss this rare chance to own a fully occupied 12-unit apartment complex in the heart of Barstow, a city on the verge of a major economic transformation. This stabilized income property features a desirable mix of studio and 1-bedroom units that cater to the high-demand affordable housing market, delivering consistent cash flow from day one.Each unit is individually metered for gas and electricity, keeping owner expenses low and operations simple. The property includes on-site parking and low-maintenance landscaping, making this a truly turnkey investment. Well-maintained and move-in ready, there's also modest value-add potential through rent adjustments or light interior upgrades to further boost returns.Location & Growth Potential:Situated near I-15 and I-40, Barstow is positioned at one of the most strategic crossroads in Southern California. The city is set for unprecedented growth with BNSF Railway's $1.5 billion Barstow International Gateway, a 4,500-acre integrated rail facility expected to create approximately 20,000 direct and indirect jobs and reshape the region's economy for decades to come. Construction is anticipated to begin in late 2026, and the influx of workers and families will drive significant housing demand in a market where virtually no new residential construction has broken ground in recent years.
Listing Agent
KELLER WILLIAMS REALTY Brokerage Phone: 951-992-2426 License #01963137 Listed on: 05/30/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 22,500 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 5,896 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
- 10 Bathrooms
Parking
- 12 Open Parking Spaces
- 12 Parking Spaces
Utilities
- Cooling System Mounted To A Wall/Window
- Cable TV Available
Listing and Financial Details
- Tax Lot 63
- Assessor Parcel Number 0182113310000
- $950 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 12 Units
Building Details
- 12 Leased Units
- Rent Control
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $5,800
- Maintenance Expense $4,800
- Professional Management Expense $2,700
- Trash Expense $7,694
- Water Sewer Expense $3,109
- New Taxes Expense $7,029
- Operating Expense $32,336
- Gross Income $124,440
- Net Operating Income $70,593
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $7,730 | $678,061 | $131,237 | $546,824 |
| 2024 | $7,593 | $664,766 | $128,664 | $536,102 |
| 2023 | $7,431 | $651,731 | $126,141 | $525,590 |
| 2022 | $7,401 | $638,952 | $123,668 | $515,284 |
| 2021 | $7,187 | $626,423 | $121,243 | $505,180 |
| 2020 | $7,199 | $620,000 | $120,000 | $500,000 |
| 2019 | $4,380 | $390,150 | $78,030 | $312,120 |
| 2018 | $4,598 | $382,500 | $76,500 | $306,000 |
| 2017 | $3,117 | $282,700 | $42,400 | $240,300 |
| 2016 | $2,993 | $269,300 | $40,400 | $228,900 |
| 2015 | $2,834 | $256,500 | $38,500 | $218,000 |
| 2014 | $2,871 | $256,500 | $38,500 | $218,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/30/2026 05/30/26 | For Sale | $1,275,000 | +188.7% | $216 / Sq Ft | |
| 01/31/2017 01/31/17 | Sold | $441,680 | -5.4% | $75 / Sq Ft | View Prior Sale |
| 09/23/2016 09/23/16 | Pending | -- | -- | -- | |
| 05/20/2016 05/20/16 | For Sale | $466,667 | -- | $79 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG26116842
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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Ask me questions while you tour the home.