0 Nielson, Phelan, California 92371, Phelan, 92371 - 0 bed, 0 bath
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Phelan, California 92371
Analysis of 0 Nielson, Phelan, California 92371 is currently available with a list price of $299,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Phelan Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1935, the structures are in a state of severe dilapidation with visible structural decay, peeling paint, and debris. The interiors are unlivable with non-functional kitchens and bathrooms, suggesting the property's value lies almost entirely in the 2.5-acre land, zoning potential, and included water shares.
The property features three residential units on a single parcel, offering an excellent opportunity for rental income or a multi-generational living arrangement at a competitive price point.
The inclusion of four shares of Sheep Creek Water stock is a major asset in the Phelan area, ensuring essential water access and adding significant intrinsic value to the land.
The Phelan/Commercial Service zoning provides unique flexibility, allowing for a variety of residential and commercial uses that can accommodate business owners or future development.
Originally constructed in 1935, the structures likely require extensive modernization and may have outdated systems that do not meet current energy efficiency or building standards.
Given the age and the nature of the units, buyers should anticipate the need for significant capital investment in plumbing, electrical, and structural maintenance to ensure long-term habitability.
3 residential units with PH/CS zoning! 4 shares of Sheep Creek Water stock transfer to buyer
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1935 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 3, 2026
$299,000
Initial Listing