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Three-Unit Residential Income Property
For Sale
$425,000

36708 Fort Irwin, Barstow, CA 92311

Three-unit setup on fully fenced acreage with a large 5-car garage and multiple recent roofing replacements.

Property Size2,820 SF
Lot Size2.60 Acres
Days on Market115

Property Features for 36708 Fort Irwin

General Information

Standard status Active
Size 2,820 SF
Total Parking Spaces 5
Lot size 2.60 Acres
Property subtype Investment

Additional Details

Fenced Yard Yes
Drive-In Doors 5
Multifamily Units 3

Building Details

Building Size 2,820 SF
Year Built 1930
Stories 1
Units 3
Listing Agency: Barstow Real Estate
Listed By: Donna Haverlock · License #02107466
Source: Elliman
Added: Jun 25 Changed: Oct 8 Last Checked: Oct 16 at 11:03AM

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

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Investment Insights

Based on property information with market context.

This three-unit residential income property features a main house with 3 bedrooms, 1 bath, and a basement. The home includes original hardwood flooring in the bedrooms and a Spanish-style interior character. Updates include a brand-new A/C unit installed within the last year, along with electrical and plumbing improvements. Two additional units are also on-site and can support rental income with some TLC. All three units have been recently roofed.

The property sits on 2.6 acres and is fully fenced, offering a defined, private setting. A large 5-car garage provides practical parking or storage, with five separate bay doors. The home is located just minutes from stores and dining, with a short commute to Fort Irwin.

For tenants, buyers, or owner-operators seeking on-site income, this layout provides three separate units under one roofline, supported by dedicated garage space. The main house’s recent mechanical and utility updates may reduce near-term operating concerns, while the two additional units offer room for personalization and refreshed finishes based on each operator’s standards.

Key Highlights

  • Three‑unit property built in 1930 with a main 3 bed/1 bath home plus two additional units.
  • Main house includes a basement, original hardwood flooring in the bedrooms, and a brand‑new A/C unit installed within the last year.
  • Electrical and plumbing updates are noted in the main house.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,758
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,160 $575.2K
Cap Rate 7%
$410,829 $410.8K
Cap Rate 9%
$319,533 $319.5K
Market Conditions
NOI Build-Up for 2,820 SF
Gross rent
$43.7K $15.48/SF
− Vacancy
−$2.6K −$0.91/SF
EGI
$41.1K $14.57/SF
− OpEx
−$12.3K −$4.37/SF
NOI
$28.8K $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%
$575,160
Cap Rate 7%
$410,829
Cap Rate 9%
$319,533

Alternative Uses

Best Use
Multifamily LT 5
$410.8K
$359.5K – $479.3K (±1% cap)
NOI $28,758 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$356.6K
$312.1K – $416.1K (±1% cap)
NOI $24,965 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$594.8K
$520.5K – $694.0K (±1% cap)
NOI $41,639 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm HVAC Service Building Supply Restaurant Plumbing Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Drive-in doors
3
Residential units
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit setup on fully fenced acreage with a large 5-car garage and multiple recent roofing replacements.
Where is this triplex located?
The property is located at 36708 Fort Irwin Barstow, CA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three‑unit property built in 1930 with a main 3 bed/1 bath home plus two additional units.; Main house includes a basement, original hardwood flooring in the bedrooms, and a brand‑new A/C unit installed within the last year.; Electrical and plumbing updates are noted in the main house.
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