Three-Unit Residential Income
For Sale
$380,000
312 Maxine Ave 1, Barstow, CA 92311
Three-unit property in Barstow with one unit ready to move in.
Property Size1,760 SF
Days on Market102
Property Features for 312 Maxine Ave 1
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Investment
Additional Details
Multifamily Units
3
Building Details
Building Size
1,760 SF
Year Built
1953
Stories
1
Units
4
Listing Agency:
eXp Realty of California, Inc.
Listed By:
Yocsandy Vega · License #02189817
(323) 594-0704
Source:
Elliman
Added: Jul 8
Changed: Oct 8
Last Checked: Oct 16 at 9:29AM
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 eXp Realty of California, Inc.
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Investment Insights
Based on property information with market context.
This three-unit residential income property offers a straightforward live-in-and-rent setup. The property includes three separate units, with one unit described as ready to move in.
Situated in the city of Barstow, the property is offered for sale at 312 Maxine Avenue.
The configuration supports owner occupancy with additional rental income from the remaining two units, with current move-in readiness noted for one of the units.
Situated in the city of Barstow, the property is offered for sale at 312 Maxine Avenue.
The configuration supports owner occupancy with additional rental income from the remaining two units, with current move-in readiness noted for one of the units.
Key Highlights
- Three‑unit property in the city of Barstow
- Plan to live in one unit and rent the other two
- One unit is ready to move in
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,948
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,960
$359.0K
Cap Rate 7%
$256,400
$256.4K
Cap Rate 9%
$199,422
$199.4K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$27.2K $15.48/SF
− Vacancy
−$1.6K −$0.91/SF
EGI
$25.6K $14.57/SF
− OpEx
−$7.7K −$4.37/SF
NOI
$17.9K $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%
$358,960
Cap Rate 7%
$256,400
Cap Rate 9%
$199,422
Alternative Uses
Best Use
Multifamily LT 5
$256.4K
$224.4K – $299.1K
NOI $17,948 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$222.6K
$194.8K – $259.7K
NOI $15,581 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$371.2K
$324.8K – $433.1K
NOI $25,987 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,025
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property in Barstow with one unit ready to move in.
Where is this triplex located?
The property is located at 312 Maxine Ave 1 Barstow, CA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Three‑unit property in the city of Barstow; Plan to live in one unit and rent the other two; One unit is ready to move in
