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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$2,950,000

Est. payment - /mo

1.29 Acres Lot

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26146975

HOA Y/N No

Year Built 1955

Lot Size 1.290 Acres

Property Sub-Type Multi Family

Property Description

Exceptional value-add investment opportunity in the heart of Barstow! This unique property at 1230 E. Main Street offers 48 legally converted residential studio units formerly operated as a hotel and now approved for residential use, creating a rare repositioning opportunity. The property includes approved plans for the addition of kitchenettes, allowing a new owner to complete the renovation and maximize rental potential.
Situated on Historic Route 66 with excellent visibility and convenient access to Interstate 15 and Interstate 40, this property is ideally positioned to serve the area's growing demand for workforce, long-term, and affordable housing.
Whether you're an experienced multifamily investor, developer, or seeking your next value-add project, this asset offers significant upside through renovation and lease-up. Opportunities of this scale with residential entitlements are increasingly difficult to find.
Highlights include:
48 legal residential studio units
Former hotel legally converted to residential use
Approved plans for kitchenettes
Excellent value-add and redevelopment potential
Convenient location near shopping, dining, transportation, and major freeways
Ideal for long-term rental or workforce housing investment
Buyer to independently verify all permits, approvals, zoning, square footage, and intended use with the appropriate governmental agencies.

Location

State CA

County San Bernardino

Area Bstw - Barstow

Interior

Fireplace No

Laundry Common Area

Building

Lot Description 0-1 Unit/Acre

Story 2

Water Public

Others

Tax ID 0181292160000

Acceptable Financing Cash to Existing Loan, Conventional, Owner Will Carry, Private Financing Available, Submit

Listing Terms Cash to Existing Loan, Conventional, Owner Will Carry, Private Financing Available, Submit

Special Listing Condition Standard

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Listed by Jay Romero Miamar Realty 323-997-1191, DRE #01343079

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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1230 E Main Barstow, CA 92311

Patricia Beattie

Key Details

Location

Interior

Building

Others

Nearby School & Business

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