256 N Acacia, Blythe, California 92225, Blythe, 92225 - 3 bed, 1 bath
ACTIVE$80,000$1,040/sqft
256 N Acacia, Blythe, California 92225
3Beds
1Bath
1,040Sqft
20,909Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 1040.
Top Cons:
Extensive Renovation Required: The property is explicitly described as needing 'rehab,' indicating it is not move-in ready and will require significant capital investment and effort for repairs and modernization.
Compared to the nearby listings
Price:$80.0K vs avg $213.2K ($-133,250)5%
Size:1,040 sqft vs avg 1,335.5 sqft16%
Price/sqft:$77 vs avg $1567%
More Insights
Built in 1948 (78 years old).
Condition: Built in 1948, this property is explicitly marketed as an 'investor special' requiring 'rehab.' The images show boarded-up windows, indicating the property is not habitable and requires substantial repairs and rehabilitation. Major systems are undoubtedly outdated and likely non-functional, aligning with a 'poor' condition where significant defects affect safety and soundness.
Year Built
1948
Close
-
List price
$80K
Original List price
$80K
Price/Sqft
$77
HOA
-
Days on market
-
Sold On
-
MLS number
PW26001499
Home ConditionPoor
Features
View-
About this home
Investor special! Extra Large lot. rehab this one and add another one this lot!
L
Lynsey Russell
Listing Agent
Price History
Date
Event
Price
02/14/22
Sold
$50,000
11/07/17
Sold
$10,000
06/13/06
Sold
$27,000
Condition Rating
Poor
Built in 1948, this property is explicitly marketed as an 'investor special' requiring 'rehab.' The images show boarded-up windows, indicating the property is not habitable and requires substantial repairs and rehabilitation. Major systems are undoubtedly outdated and likely non-functional, aligning with a 'poor' condition where significant defects affect safety and soundness.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 1040.
Significant Development Potential: Explicitly marketed as an 'Investor special' with the potential to 'add another one this lot,' indicating strong possibilities for multi-unit development or substantial expansion.
Expansive Lot Size: A generous 20,909 sqft lot (nearly half an acre) provides ample space for various uses, including property expansion, extensive landscaping, or potential additional structures.
Highly Attractive Price Point: Listed at $80,000, this property is exceptionally affordable, making it an accessible entry point for investors or budget-conscious buyers willing to undertake renovations.
Value-Add Opportunity: The property is a clear 'rehab' project, presenting a substantial opportunity for buyers to add significant equity and value through comprehensive renovation and modernization.
Established Community Location: Situated in Blythe, California, the property benefits from being in an existing community with local amenities and established infrastructure.
Cons
Extensive Renovation Required: The property is explicitly described as needing 'rehab,' indicating it is not move-in ready and will require significant capital investment and effort for repairs and modernization.
Advanced Age and Outdated Systems: Built in 1948, the home is 76 years old, suggesting that major systems (plumbing, electrical, roofing) are likely original and will require costly replacement or upgrades.
Limited Bathroom Count: With only one bathroom for three bedrooms, the property lacks modern convenience and functionality, which could deter potential buyers and likely necessitates an additional bathroom installation.