Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    36614 Leona Street Barstow, CA 92311

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Residential income property with renovated units and new septic tank.

    Type:Multifamily
    Added:
    Jan 5, 2025
    Days on Market:
    464
    Last Refresh:
    Mar 16 at 3:28 pm

    Property Features for 36614 Leona Street

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

    We can help!

    Listing Contact
    Donna Haverlock

    Listing agent Donna Haverlock License #02107466

    Listing office Barstow Real Estate

    Listing date Jan 5, 2025

    Source Crexi

    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 Barstow Real Estate

    Overview

    Residential Income Opportunity in Barstow

    This residential income property presents a unique opportunity. The property features a larger house in the front with three bedrooms and one bathroom, along with a large laundry/utility room and a kitchen that includes an attached, semi-formal dining room. Recent upgrades include new ceiling fans, carpet, paint, and wood flooring in the laundry room. A new septic tank has been installed within the last year. The unit in the back offers one bedroom and one bathroom and has been renovated within the last year with a new roof and bathroom. A brick built-in BBQ is located on the front porch. The entire property is fenced in.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Storage Facility HVAC Service Furniture & Home Goods Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Barstow
    County
    San Bernardino
    State
    California
    Longitude
    -117.0064845
    Latitude
    34.9152959

    Nearby Similar for Sale

    • $450,000
      4,400 SF

      Value-Add Motel in Barstow

      16-room motel with renovation potential in strategic growth corridor.
      924 E Main, Barstow, CA 92311
      View Details
    • $450,000
      6,299 SF

      Barstow Commercial Office Opportunity

      Spacious office building with redevelopment potential in Barstow, CA.
      313 E Buena Vista Street, Barstow, CA 92311
      View Details
    • $2,075,000
      3,509 SF

      Freestanding Restaurant Building with Drive-Thru

      Former Arby's with drive-thru on nearly 3/4 acre.
      2791 Lenwood, Barstow, CA 92311
      View Details
    • $550,000

      Barstow Commercial Building Opportunity

      Commercial building with 21 offices and 8 bathrooms in Barstow.
      313 E Buena Vista, Barstow, CA 92311
      View Details
    • $799,000
      4,532 SF

      Multi-Use Commercial Oasis For Sale

      Vibrant multi-use complex designed for ambitious small business owners.
      128 E Fredricks Street, Barstow, CA 92311
      View Details
    • $339,000
      2,934 SF

      Remodeled Mixed-Use Duplex in Barstow

      Remodeled duplex with business space near shopping and freeways.
      25441 W Main, Barstow, CA 92311
      View Details
    • $65,000

      Barstow Mixed-Use Commercial Lot

      Mixed-use commercial lot with high traffic and visibility.
      226 E Fredricks, Barstow, CA 92311
      View Details
    • $550,000
      3,200 SF

      Barstow Quadruplex For Sale

      Four-unit property in Barstow with rental income potential.
      29159 US Highway 58, Barstow, CA 92311
      View Details
    • $325,000
      1,588 SF

      Barstow Duplex with Recent Renovations

      Five-bedroom duplex with detached garage and renovated interiors.
      813 E Fredricks Street, Barstow, CA 92311
      View Details
    • $584,900
      1,965 SF

      Barstow Quadruplex with Investment Potential

      Quadruplex in Barstow, CA, ideal for investors or owner-occupiers.
      309 Pioneer, Barstow, CA 92311
      View Details
    • $995,000
      6,180 SF

      Established Auto Repair Shop

      Fully-equipped auto shop in Barstow with excellent visibility.
      1401 W Main Street, Barstow, CA 92311
      View Details
    • $600,000
      6,299 SF

      Barstow Commercial Office Opportunity

      Spacious office building with 21 offices and ample parking.
      313 E Buena Vista St, Barstow, CA 92311
      View Details

    FAQs

    What type of property is this?
    Duplex - Residential income property with renovated units and new septic tank.
    Where is this duplex located?
    The property is located at 36614 Leona Street Barstow, CA.
    What is the asking price?
    The asking price for this property is $309,000.
    What are key features of this property?
    This property features: Residential income opportunity: Live in one unit and rent out the other, or rent out both.; Two separate units: A 3 bed/1 bath house in front and a renovated 1 bed/1 bath unit in back.; Recent renovations: **Back unit has a new roof and bathroom (within the last year).**
    (760) 577-4241 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Donna Haverlock
    Real Estate License ID: 02107466
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!