127 May Avenue
Barstow, CA 92311
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.
PROPERTY INFORMATION
MLS # | TR24158464 | Lot Size | 6,000 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Single Family Residence |
Price | $ 220,000
Price Per SqFt: $ 203 |
DOM | 50 Days |
Address | 127 May Avenue | Type | Residential |
City | Barstow | Sq.Ft. | 1,086 Sq. Ft. |
Postal Code | 92311 | Garage | N/A |
County | San Bernardino | Year Built | 1947 |
Bed / Bath | 3 / 1 | Parking | N/A |
Built In | 1947 | Status | Active |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Electric Dryer Hookup, Washer Hookup |
Has Fireplace | No |
Fireplace Information | None |
Has Heating | Yes |
Heating Information | Wall Furnace |
Room Information | All Bedrooms Down |
Has Cooling | Yes |
Cooling Information | Evaporative Cooling |
Flooring Information | Vinyl |
InteriorFeatures Information | Laminate Counters |
EntryLocation | Ground Floor |
Entry Level | 1 |
Main Level Bedrooms | 1 |
Main Level Bathrooms | 0 |
EXTERIOR FEATURES
Roof | Asphalt |
Has Pool | No |
Pool | None |
Has Fence | Yes |
Fencing | Chain Link |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $235
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
08/02/2024 | Listed | $220,000 |
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Listing provided courtesy of Jonathan Minerick, Homecoin.com. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.