222 C Street, Needles, California 92363, Needles, 92363 - 2 bed, 1 bath
ACTIVE$165,000
222 C Street, Needles, California 92363
2Beds
1Bath
915Sqft
3,500Lot
Price Vs. Estimate
The estimated value ($123,454.595) is $41,545.405 (25%) lower than the list price ($165,000). This property may be overpriced.
Key pros and cons
Top Pros:
Mixed-Use Potential: The property is designated as 'Residential-commercial,' offering versatile use options for either continued residential tenancy or conversion to a personal business.
Top Cons:
Significant Overpricing: The current list price of $165,000 is substantially higher than the estimated value ($62,244.61) and recent sales history (e.g., $51,500 in 2023), indicating a potentially inflated market price.
Compared to the nearby listings
Price:$165.0K vs avg $170.0K ($-5,000)48%
Size:915 sqft vs avg 1,316 sqft14%
Price/sqft:$180 vs avg $14471%
More Insights
Built in 1930 (95 years old).
Condition: Built in 1930, this property shows clear signs of advanced age and likely deferred maintenance. The exterior image reveals an unkempt yard and an older window AC unit, suggesting outdated cooling systems. Without interior photos, especially of the kitchen and bathroom, and with no mention of recent renovations, it is highly probable that these key areas, along with major systems (electrical, plumbing, HVAC), are significantly outdated and require substantial repairs and rehabilitation to meet modern standards and comfort. The property analysis also highlights a 'high likelihood of outdated systems, structural issues, and the need for significant renovations or repairs'.
Year Built
1930
Close
-
List price
$165K
Original List price
$165K
Price/Sqft
$180
HOA
-
Days on market
-
Sold On
-
MLS number
PW25253715
Home ConditionPoor
Features
ViewNeighborhood
About this home
Residential-commercial property with a ramp to entry and regular porch steps. Currently tenant-occupied, the property can be purchased as an investment with the tenant in place or for future personal business use. Needles is a growing community on the Colorado River, located across from Nevada and Arizona. Known for its skate parks and river parks, Needles is a city in San Bernardino County, situated in the Mojave Desert region of Southern California, near the California border with Arizona and Nevada. Submit an offer today, all offers will be reviewed.
Price History
Date
Event
Price
03/07/23
Sold
$51,500
07/28/20
Sold
$63,000
05/31/17
Sold
$60,000
04/03/06
Sold
$72,500
11/21/05
Sold
$50,000
Condition Rating
Poor
Built in 1930, this property shows clear signs of advanced age and likely deferred maintenance. The exterior image reveals an unkempt yard and an older window AC unit, suggesting outdated cooling systems. Without interior photos, especially of the kitchen and bathroom, and with no mention of recent renovations, it is highly probable that these key areas, along with major systems (electrical, plumbing, HVAC), are significantly outdated and require substantial repairs and rehabilitation to meet modern standards and comfort. The property analysis also highlights a 'high likelihood of outdated systems, structural issues, and the need for significant renovations or repairs'.
Pros & Cons
Pros
Mixed-Use Potential: The property is designated as 'Residential-commercial,' offering versatile use options for either continued residential tenancy or conversion to a personal business.
Immediate Income Stream: Currently tenant-occupied, the property provides an immediate and consistent income stream for an investor, reducing initial vacancy risk.
Strategic Location in Growing Community: Located in Needles, described as a 'growing community on the Colorado River' and situated near the borders of Nevada and Arizona, suggesting potential for future appreciation and business activity.
Community Amenities: Needles is highlighted for its 'skate parks and river parks,' which can enhance the quality of life for residents or attract specific types of businesses.
Accessibility Features: The property includes a ramp to entry in addition to regular porch steps, which can be beneficial for accessibility, particularly for commercial use.
Cons
Significant Overpricing: The current list price of $165,000 is substantially higher than the estimated value ($62,244.61) and recent sales history (e.g., $51,500 in 2023), indicating a potentially inflated market price.
Advanced Age & Potential for Deferred Maintenance: Built in 1930, the property is very old, suggesting a high likelihood of outdated systems, structural issues, and the need for significant renovations or repairs, leading to unforeseen costs.
Limited Size: With only 915 sqft of living space and a 3500 sqft lot, the property's small footprint may restrict its appeal for certain commercial ventures or larger residential needs.