329 Chestnut, Needles, California 92363, Needles, 92363 - 2 bed, 1 bath
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Needles, California 92363
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $75,000, positioned accurately at its $75,000 Fair Market Value. While currently holding a Poor Condition Rating, the property features essential major system upgrades including all-new plumbing, electrical, and a mini-split HVAC system. These high-cost improvements provide a stable foundation for finishing the interior of this 991 sqft home. Located minutes from the Colorado River within the Needles Unified School District, this project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a high-upside renovation.
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 | $76 | - |
A 512 Acoma Street Sold | $76,000 | 3 | 1 | 1,287 | $59 | 0.9 mi |
B 310 Walnut Active | $59,000 List Price | 2 | 1 | 749 | $79 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
The installation of a new mini-split system provides efficient heating and cooling, a crucial and valuable amenity for comfort in the Needles climate.
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.
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.
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.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 991 | 1,344 | 24% |
| Lot Size | 6,000 | 6,000 | 50% |
| Price | $75.0K | $120.0K | 29% |
| Price per sq ft | $76 | $103 | 43% |
| Built year | 1935 | 1930 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 85 | 174 | 10% |
Jan 27, 2026
$75,000
Initial Listing
Jun 25, 2021
$60,000
Public Record
Jan 9, 2014
$2,000
Public Record
Apr 22, 2005
$37,000
Public Record