$2,950,000
Barstow, CA 92311
1955
Year Built
San Bernardino
County
MultiFamily
Property Type
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.
$15,701/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 4:45 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
