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156-Unit Multifamily Property For Sale
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755 E Virginia Way, Barstow, CA 92311

Well-maintained 156-unit property with a mix of unit types.

Property Size145,148 SF
Price / SF$89.56
Days on Market226

Property Features for 755 E Virginia Way

General Information

Standard status Active
Size 145,148 SF
Property subtype Multifamily

Building Details

Year Built 1986
Units 156
Listing Agency: CBRE - Ontario
Listed By: Cray Carlson · License #01101138
Source: Crexi
Added: Mar 9 Changed: Oct 16 Last Checked: Oct 19 at 4:32AM

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 CBRE - Ontario

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Investment Insights

Based on property information with market context.

Constructed in 1986, this 156-unit property features a mix of one-bedroom and two-bedroom units. Sixteen one-bedroom, one-bathroom units offer 780 square feet of living space. Sixty-eight two-bedroom, one-bathroom units provide 928 square feet, while seventy-two two-bedroom, two-bathroom units encompass 988 square feet. The gated property includes both covered and surface parking options. Modern amenities include a pool and spa, as well as an on-site laundry facility and management. The complex is located near schools, shopping centers, dining options, and entertainment venues, with convenient access to the 15 Freeway. The property consists of 39 market-rate units and 117 affordable housing units, subject to affordable housing programs, including the HOME Investment Partnerships Program Agreement, Neighborhood Stabilization Program (NSP) Agreement, and Project-Based Vouchers (PBV). Any potential purchaser would be required to adhere to the requirements of these programs and covenants for the remainder of their terms and comply with all applicable legal requirements of each program and covenant. Subject to HCD Approval.

Key Highlights

  • 156‑unit property with a mix of one- and two‑bedroom units
  • Gated property with covered and surface parking
  • Enjoy the pool, spa, and on‑site laundry facility

Property Analytics

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Location Intelligence

Trade Area within ½ mile

914
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
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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?
Apartment building - Well-maintained 156-unit property with a mix of unit types.
Where is this apartment building located?
The property is located at 755 E Virginia Way Barstow, CA.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: 156‑unit property with a mix of one- and two‑bedroom units; Gated property with covered and surface parking; Enjoy the pool, spa, and on‑site laundry facility
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