518 A St, Needles, California 92363, Needles, 92363 - 0 bed, 0 bath
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Needles, California 92363
This Multi-Unit Value-Add Asset is listed at $230,000, offering a rare three-dwelling composition across Two Parcels near the Needles Unified School District. The property carries a Poor Condition Rating, as the 1910-built structures require comprehensive renovations to the two vacant 2-bedroom units. With one unit currently tenant-occupied, the asset provides immediate cash flow to offset holding costs during the rehabilitation phase. The inclusion of an Additional Back Lot offers further development upside. This is a strategic acquisition for Buy-and-Hold Investors or Experienced Contractors seeking high-yield rental portfolios.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 518 A St Subject | $230,000* List Price | 0 | 0 | 1,878 | $88 | - |
A 411 Bazoobuth Street Sold | $180,000 | 4 | 3 | 1,620 | $111 | 0.0 mi |
B 1348 Redwood Active | $265,000 List Price | 4 | 2 | 1,870 | $142 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1910, this multi-unit property requires substantial rehabilitation and renovation. The listing specifically targets experienced investors to update the vacant units, indicating that the kitchens, bathrooms, and major systems are likely outdated or in disrepair, consistent with the 'poor' condition criteria for structures of this age needing significant capital investment.
The property features three separate 2-bedroom, 1-bathroom homes across two parcels, offering a rare opportunity for diversified rental income or a multi-generational living setup.
With one unit already tenant-occupied, investors can benefit from immediate rental income while renovating the remaining vacant units to maximize the property's yield.
The inclusion of an additional back lot and two vacant homes provides significant potential for equity growth through strategic renovations and further site development.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1878, other record living area = 939.
Originally built in 1910, these structures likely require substantial updates to core systems and finishes to meet modern safety standards and tenant expectations.
Two of the three homes are currently vacant and require renovation, necessitating a significant upfront capital investment before the property can reach its full income-generating potential.
This property includes three separate 2-bedroom, 1-bathroom single-family homes on two lots, offering great income potential. One home is currently tenant-occupied, providing immediate rental income, while the other two are vacant, making them ideal for experienced investors or buyers looking to renovate and generate additional cash flow. Each home offers its own space and layout, and with the right vision, this property can become a strong addition to any rental portfolio. Both these parcels are included #0186146080000 & #0186146100000 and comes with the lot in the back as well! Don’t miss your chance to turn this into a high-yield investment!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 5% |
| Baths | 0.0 | 1.0 | 5% |
| Square foot | 1,878 | 1,449 | 95% |
| Lot Size | 5,625 | 5,625 | 50% |
| Price | $230.0K | $123.0K | 76% |
| Price per sq ft | $122 | $111 | 57% |
| Built year | 1910 | 1928 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 174 | 5% |
Mar 17, 2026
$230,000
Initial Listing
Jun 15, 2021
$115,000
Public Record
Mar 16, 2007
$215,000
Public Record