1250 Barstow Rd Barstow Multifamily Investment

Positioned in Barstow, the property benefits from neighborhood occupancy that sits above the national median (93.9% for the neighborhood), a constructive sign for stabilized leasing at workforce price points. Median contract rents in the immediate area are in the sub-$1,000 range, and the rent-to-income ratio near 0.14 points to manageable affordability pressure—factors that can aid renewal rates and reduce turnover risk.

Within a 3-mile radius, population has grown modestly in recent years with households expanding faster than population, indicating smaller average household sizes and a broader tenant pool. Projections point to further household growth through the next five years, which can support occupancy stability and consistent leasing velocity for smaller-format units.

Amenity access is mixed. Grocery and pharmacy access rank above the metro median (Riverside–San Bernardino–Ontario) and land in the upper half nationally, while cafes and parks are limited in the immediate neighborhood. Restaurant density is also above the metro median. For investors, this suggests day-to-day convenience is serviceable, with fewer discretionary amenity drivers nearby.

Home values trend higher than many inland markets and sit in the upper half nationally, and the neighborhood’s value-to-income ratio is also in the upper third. In practice, a relatively high-cost ownership market can reinforce reliance on multifamily rental options, sustaining demand depth and supporting pricing power at renewal. School ratings in the neighborhood lag national norms, which may modestly temper demand from households prioritizing top-rated districts.

Vintage matters here: the property was built in 1985, newer than the neighborhood’s average 1970s housing stock. That positioning can be competitively favorable versus older comparables, while investors should still expect periodic systems updates or selective modernization to maintain leasing momentum.