Fourplex Investment Opportunity on
For Sale
$635,000
1131 Barstow Rd, Barstow, CA 92311
Four-unit property on Barstow Road, great investment opportunity.
Property Size4,057 SF
Lot Size0.23 Acres
Price / SF$156.52
Days on Market212
Property Features for 1131 Barstow Rd
General Information
Standard status
Active
Size
4,057 SF
Lot size
0.23 Acres
Property subtype
Investment
Building Details
Building Size
4,057 SF
Year Built
1982
Stories
2
Units
4
Listing Agency:
Trust Real Estate
Listed By:
Barbara Krommenhoek · License #00851704
(760) 256-1010
Source:
Elliman
Added: Mar 11
Changed: Sep 25
Last Checked: Oct 7 at 2:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trust Real Estate
Investment Insights
Based on property information with market context.
This two-story fourplex, constructed in 1982, is located on Barstow Road and offers a total of 4057 square feet. The property includes one unit with 3 bedrooms and 2 bathrooms, featuring a fireplace. Additionally, there are two units with 2 bedrooms and 2 bathrooms each, and one unit with 2 bedrooms and 1 bathroom. Each unit is equipped with its own electric and gas meter. Tenants are responsible for their own utilities, with the exception of water, sewer, and trash, which are paid by the owner. A fifth electric and gas meter provides utilities for the common areas, with these utilities also paid by the owner. All units are currently occupied. This property presents an opportunity for an owner to reside in one unit while renting out the others. Operating expense information will be provided at a future date. The property is intended for use as a residential income property.
Key Highlights
- Four‑unit investment property.
- One unit features 3 bedrooms and 2 bathrooms with a fireplace, suitable for owner‑occupancy.
- Located on Barstow Road.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,372
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,440
$827.4K
Cap Rate 7%
$591,029
$591.0K
Cap Rate 9%
$459,689
$459.7K
Market Conditions
NOI Build-Up for 4,057 SF
Gross rent
$62.8K $15.48/SF
− Vacancy
−$3.7K −$0.91/SF
EGI
$59.1K $14.57/SF
− OpEx
−$17.7K −$4.37/SF
NOI
$41.4K $10.20/SF
Area
San Bernardino County, CA
Vacancy
5.89%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,440
Cap Rate 7%
$591,029
Cap Rate 9%
$459,689
Alternative Uses
Best Use
Multifamily LT 5
$591.0K
$517.2K – $689.5K
NOI $41,372 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$513.1K
$449.0K – $598.6K
NOI $35,916 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$855.8K
$748.8K – $998.4K
NOI $59,904 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Explore this area
Business Placement
Demographics for 92311, CA
34,524
Population
13,707
Households
2.5
Avg Household Size
33
Median Age
11%
College-Educated
84%
High-School Grad
424.4 sq mi
ZIP Area
81
Density / Sq Mi
$59,338
Median Household Income
$38,871
Median Earnings
$1,081
Median Rent
$217,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property on Barstow Road, great investment opportunity.
Where is this quadplex located?
The property is located at 1131 Barstow Rd Barstow, CA.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Four‑unit investment property.; One unit features **3 bedrooms and 2 bathrooms with a fireplace, suitable for owner‑occupancy.**; Located on Barstow Road.
