127 May Avenue, Barstow, CA 92311

$220,000 Asking Price

3 beds
1 bath
1,086  sqft
Built in 1947

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 significa

Features & Amenities

Interior

General:
Laminate Counters
Laundry:
Electric,Washer Hookup
Flooring:
Linoleum/Vinyl
A/C:
Swamp Cooler(s)
Heating:
Wall/Gravity
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

Roofing:
Asphalt
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
San Bernardino

Lot

Zoning:
0182121030000
View:
Desert,City Lights
Fencing:
Chain Link

Utilities

Water:
Public
Sewer:
Other/Remarks

Financial

Source:
California Regional MLS

This listing courtesy of:
Homecoin.com, Jonathan Minerick

About Barstow, CA

Housing

Number of Units
13,444
Median Home Value
$135,197
Median Rent
$695

53.36% of housing units are renter occupied.

8.82% are vacant.

Commute

Car
81.18%
Public Transportation
1.08%
Walk to Work
2.09%
Work from Home
14.67%
Other
0.50%

The median travel time to work is 22 minutes.

People

Population
35,927
Median Age
34.30
Median Household Size
2.88

Education

High School
27.74%
Associate’s Degree
11.90%
Bachelor’s Degree
8.69%
Graduate Degree
4.48%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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