329 Chestnut, Needles, California 92363, Needles, 92363 - 2 bed, 1 bath
329 Chestnut
Needles, California 92363
Property Price
SUMMARY
Analysis of 329 Chestnut, Needles, California 92363 reveals a property with a current list price of $75,000, which is 13% above the estimated $65,807 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Needles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 329 Chestnut Subject | $75,000* List Price | 2 | 1 | 991 | $66 | - |
A 512 Acoma Street Sold | $76,000 | 3 | 1 | 1,287 | $59 | 0.9 mi |
B 406 D Street Active | $59,000 List Price | 2 | 1 | 1,068 | $55 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This property, built in 1935, is explicitly marketed as a 'Handyman's Dream' and requires substantial rehabilitation. While it benefits from new plumbing, electrical, and a mini-split HVAC system, the interior is largely unfinished. The images show exposed subflooring throughout most living areas, unfinished walls, and no visible kitchen. The bathroom, though having new components like a tub, tile, and vanity, is also incomplete with exposed subfloor and unpainted drywall. The property is not move-in ready and requires significant investment in finishing materials and labor to be habitable, aligning with the 'poor' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Major System Upgrades
The property boasts recent and significant updates to essential systems, including all new plumbing, electric, and a modern mini-split HVAC system, reducing immediate major repair concerns.
- Affordable Investment Opportunity
With a list price of $75,000, this property presents a highly accessible entry point for first-time buyers or investors looking for a project with significant upside potential.
- Modern Climate Control
The installation of a new mini-split system provides efficient heating and cooling, a crucial and valuable amenity for comfort in the Needles climate.
CONSRISKS & DEFICIENCIES
- Incomplete Renovation
Marketed as a 'Handyman's Dream' needing 'finishing touches,' the property requires substantial additional work, time, and financial investment to be fully move-in ready.
- Age of Structure
Built in 1935, the home is very old, which may imply potential for hidden structural issues, outdated components in unrenovated areas, and higher long-term maintenance costs.
- Limited Living Space
With only 2 bedrooms, 1 bathroom, and 991 square feet, the property offers limited living space, which may not suit larger families or those requiring more room.
About 329 Chestnut
HANDYMAN'S DREAM!!! The updates on this home have already been started and just needs the finishing touches put on it! This 2 bedroom 1 bathroom home has all new plumbing, electric and mini-split system. The bathroom has new drywall, recessed lighting, window, vanity, tub and tile. Fully fenced lot with plenty of room for parking all your vehicles and toys! Just minutes from the Colorado River!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 991 | 1,344 | 24% |
| Lot Size | 6,000 | 6,000 | 50% |
| Price | $75.0K | $123.0K | 24% |
| Price per sq ft | $76 | $111 | 35% |
| Built year | 1935 | 1935 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 137 | 6% |
Pricing History
Listed for Sale
Jan 27, 2026
$75,000
Initial Listing
Sold
Jun 25, 2021
$60,000
Public Record
Sold
Jan 9, 2014
$2,000
Public Record
Sold
Apr 22, 2005
$37,000
Public Record