Triplex with Individually Metered
New
For Sale
$354,900
309 Wilshire Pl, Barstow, CA 92311
Three-unit triplex with private entrances and individually metered utilities for simplified tenant expense allocation.
Days on Market5
Property Features for 309 Wilshire Pl
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Investment
Additional Details
Utilities to Site
Yes
Building Details
Building Size
1,916 SF
Year Built
1949
Buildings
3
Tenancy
Multi
Listing Agency:
Century 21 Experience
(760) 220-0703
Listed By:
Christian Munoz · License #02138737
(760) 220-0703
Source:
Elliman
Added: Jul 29
Changed: Jul 30
Last Checked: Aug 2 at 10:05AM
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 Experience
Investment Insights
Based on property information with market context.
Well-maintained triplex offering three separate residential units, each with its own private entrance and individually metered utilities. This layout supports simplified tenant expense allocation and day-to-day management.
The unit mix includes two 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit. One unit has been fully remodeled, adding a more modern living space within the property.
The triplex also features two detached garages serving two of the units. The existing garages may offer future flexibility for an ADU or garage conversion, subject to city approval (buyer to verify with the city). Built in 1949, the property is located at 309 Wilshire Pl in Barstow, CA 92311.
The unit mix includes two 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit. One unit has been fully remodeled, adding a more modern living space within the property.
The triplex also features two detached garages serving two of the units. The existing garages may offer future flexibility for an ADU or garage conversion, subject to city approval (buyer to verify with the city). Built in 1949, the property is located at 309 Wilshire Pl in Barstow, CA 92311.
Key Highlights
- Three‑unit triplex with separate private entrances
- Individually metered utilities for each unit
- Unit mix: two 1 bed/1 bath units and one 2 bed/1 bath unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.7k | $15.48 |
| − Vacancy | −$1.7k | −$0.91 |
| EGI | $27.9k | $14.57 |
| − OpEx | −$8.4k | −$4.37 |
| NOI | $19.5k | $10.20 |
1,916 SF · lease $15.48/SF/yr · vacancy 5.89% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$279.1K
$244.2K – $325.7K
NOI $19,539 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$242.3K
$212.0K – $282.7K
NOI $16,962 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$404.2K
$353.6K – $471.5K
NOI $28,291 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,017
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit triplex with private entrances and individually metered utilities for simplified tenant expense allocation.
Where is this triplex located?
The property is located at 309 Wilshire Pl Barstow, CA.
What is the asking price?
The asking price for this property is $354,900.
What are key features of this property?
This property features: Three‑unit triplex with separate private entrances; Individually metered utilities for each unit; Unit mix: two 1 bed/1 bath units and one 2 bed/1 bath unit
