tomo logo

$280,000

Beds
2
Baths
1.0
sq ft
875

581 Victor Ave, Barstow, CA 92311

581 Victor Ave

Barstow, CA 92311

  • <1 day on market
This property offers incredible potential for investors looking to maximize value. The front house features 2 bedrooms and 1 bathroom, with ceiling fans in the bedrooms and a spacious kitchen, providing a great foundation to add your personal touches and enhance its appeal. In addition, the converted garage includes 1 bedroom, 1 bathroom, and a kitchenette, making it ideal for rental income or multi-generational living. Sitting on a massive 20,000 sq. ft. lot, this property is zoned for both commercial and residential use, offering endless possibilities. Whether you’re looking to create an income-generating property or take advantage of the expansive space for business or personal use, this is an opportunity you won’t want to miss!

Details

Property type

Single Family Residence

Est. home value

$208,242

Property condition

Fixer

Lot size

0.4591 acres

Price per sq ft

$320

Year built

1954

HOA

No

Price History

03/04/2025
CRMLS

CRMLS #SR25046334

Listed
$280,000
+40%
04/06/2023
CRMLS

CRMLS #CV22185000

Sold
$200,000
+212.5%
01/08/2015
CRMLS

CRMLS #447673

Sold
$64,000
+113.33%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Barstow Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$101,310
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$156,290
Cash to seller
$101,310

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

February 2023

Original loan amount

$160,000

Est. remaining balance

$156,290

Interest rate

6.48%

Loan type

New Conventional, 30 year

Seller

Feliciano Juan Siquina and Luis A Lopez Miranda

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 6:20 PM

Listing updated: 03/04/2025 at 11:24 AM

Listed by: Jenny Segovia, Jenny Segovia, Segovia Real Estate GroupSegovia Real Estate Group Phone #: (818) 668-8768

MLS: CRMLS #SR25046334

CRMLS logo

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