Duplex with Additional
For Sale
$298,000
135 W Grace, Barstow, CA 92311
Two residential units sit on a flat parcel with a second lot included in the sale.
Property Size1,524 SF
Price / SF$195.54
Days on Market11
Property Features for 135 W Grace
General Information
Standard status
Active
Size
1,524 SF
Total Parking Spaces
2
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
property will need some repairs
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Building Size
1,524 SF
Year Built
1962
Buildings
1
Stories
1
Units
2
Listing Agency:
Century 21 Jervis & Associates
Listed By:
Ana Aguirre · License #01756258
(562) 862-2226
Source:
Carealestatecenter
Added: Oct 16
Changed: Oct 26
Last Checked: Oct 26 at 3:38AM
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 Century 21 Jervis & Associates
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains 1,524 square feet and was built in 1962. The property occupies a flat lot, with an additional lot included in the transaction. Repairs are needed.
The property is in Barstow, near access to the 15 freeway.
The property is in Barstow, near access to the 15 freeway.
Key Highlights
- Duplex with an additional lot included
- 1,524 square feet; built in 1962
- Flat lot; repairs needed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,541
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,820
$310.8K
Cap Rate 7%
$222,014
$222.0K
Cap Rate 9%
$172,678
$172.7K
Market Conditions
NOI Build-Up for 1,524 SF
Gross rent
$23.6K $15.48/SF
− Vacancy
−$1.4K −$0.91/SF
EGI
$22.2K $14.57/SF
− OpEx
−$6.7K −$4.37/SF
NOI
$15.5K $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%
$310,820
Cap Rate 7%
$222,014
Cap Rate 9%
$172,678
Alternative Uses
Best Use
Multifamily LT 5
$222.0K
$194.3K – $259.0K
NOI $15,541 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$192.7K
$168.7K – $224.9K
NOI $13,492 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$321.5K
$281.3K – $375.1K
NOI $22,503 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
415
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
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units sit on a flat parcel with a second lot included in the sale.
Where is this duplex located?
The property is located at 135 W Grace Barstow, CA.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: Duplex with an additional lot included; 1,524 square feet; built in 1962; Flat lot; repairs needed
