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203 W Fredricks Street, Barstow, CA 92311$525,000

5
beds
4
baths
3641
ft2
· 15000
ft2 lot
$144 / ft2

Listing provided courtesy of Tony Scafidi, Rigel Capital
Source CRMLS;
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Great opportunity to invest in a manageable 6-unit apartment in Barstow, CA. Named Villa Della Collina and built in 1975, the 2-builidng Subject totals ±3,641 square feet of rentable space on a ±0.34 AC lot. The apartment, like its name, rests on a sloping upward street, with a gentle downward path as you get from the street to the back of the lot. The Subject includes both fully leased units and the charm that is only seen occasionally with the mid-seventies architecture. Foundation type is raised with crawlspace, stucco exterior, gable roof with wood frame construction and a common backyard area and private rear parking. Every unit has great layouts in studio, 2-bedroom, and 3-bedroom floorplans, hot water heaters, swamp coolers, ceiling fans, skylights and private tenant parking. Common area features include a laundry room with freezer, 8ft x 8ft storage space, a garden tool metal shed and a 14ft x 14ft Ramada/gazebo for outdoor enjoyment amongst the tenants and their guests. Fully fenced with full, matured landscape operated by drip irrigation, the Subject is well-maintained and operates budgetarily-friendly, even with added conveniences such as 4 outdoor security cameras for a little more piece of mind. The Subject is located in City of Barstow near other multi-family, Barstow High School, city buildings and law enforcement as well as only minutes from transportation, retail, dining, shopping, the famous Harvey House, Route 66 and access to the I-15 and I-40 freeways. The Subject has been owned by Seller for several years and is ready to move-on. Now is the time to take advantage of a cash flowing property and reap the benefits that have been created for the next investor.

HOA

$0/month

On market

3 months

Year built

1975

Property type

Multi-Family

Parking

8

MLS

HD22199772

Price / Sq.Ft.

$144 / ft2

Status

Active

Buyer’s Brokerage Commission

4%

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Home details for 203 W Fredricks Street

Interior Features & Layout
Appliances
•   
Laundry Details: Common Area
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Heating & Cooling
•   
Cooling Details: Evaporative Cooling, See Remarks
Interior Size
•   
Building Area Total: 3641.00
Property, Lot, Community & Exterior Features
Community Info
•   
Road Frontage Type: City Street
•   
Number Of Buildings: 2
•   
Total Units: 6
Parking Info
•   
Garage Spaces: 0.00
Building Info
•   
Building Area Units: Square Feet
•   
Roof: Shingle
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Public Records
•   
Construction Materials: Frame
Lot Info
•   
Lot Features: 6-10 Units/Acre, Rectangular Lot
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.3444
•   
Lot Size Area: 15000.0000
•   
Lot Size Units: Square Feet
Property Features
•   
Fencing: Average Condition, Block, Chain Link, Wrought Iron
•   
Common Walls: 2+ Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 6
•   
Number Of Separate Gas Meters: 6
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 3700.00
•   
Maintenance Expense: 2540.00
•   
Total Actual Rent: 3900.00
•   
Trash Expense: 3600.00
•   
Insurance Expense: 4200.00
•   
Professional Management Expense: 0.00
•   
Total Expenses: 14040.00
•   
Gross Scheduled Income: 41228.00
•   
Tax Block: 1
•   
Operating Expense: 13430.00
Tax/Assessment Info
•   
Gross Income: 41228.00
Lease Info
•   
Net Operating Income: 27798.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 3
•   
Unit 3 Actual Rent: 750.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 750.00
Unit 2 Information
•   
Unit 2 Actual Rent: 750.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 2
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 750.00
Multi Unit Information
•   
# Of Units: 3
•   
Number Of Units Leased: 6
•   
Price Per Unit: 87500
Unit 1 Information
•   
Unit 1 Total Units: 3
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 550.00
•   
Unit 1 Total Rent: 550.00
School Neighborhood & Directions
Location
•   
Community Features: Mountainous, Valley
School Info
•   
Directions: From I-15, exit Barstow Rd and head north; left on Fredricks St.; Subject will be on right side before the corner of Williams St.;
Other
Calculation
•   
Dom: 8
•   
Cdom: 8

Neighborhood snapshot

82
Properties for sale
20
Median days on market
$171.92
Median sold price/sqft
100.38%
Sold/List %
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Property History for 203 W Fredricks Street

09/12/2022
09/12/2022
CRMLS #HD22199772
active
CRMLS #HD22199772
$525,000

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