518 A St Street, Needles, California 92363, Needles, - bed, bath
ACTIVE$250,000
518 A St Street, Needles, California 92363
0Bed
0Bath
1,878Sqft
5,625Lot
Year Built
1910
Close
-
List price
$250K
Original List price
$250K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25219227
Home ConditionPoor
Features
View-
About this home
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!
Price History
Date
Event
Price
09/17/25
Listing
$250,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (21 Listings) | |
|---|---|---|---|
| Beds | 0 | 3 | |
| Baths | 0 | 2 | |
| Square foot | 1,878 | 1,250 | 86% |
| Lot Size | 5,625 | 8,790 | 23% |
| Price | $250K | $153K | 73% |
| Price per square foot | $133 | $127 | 55% |
| Built year | 1910 | 9765978 | 9% |
| HOA | |||
| Days on market | 49 | 213 | 9% |
Condition Rating
Poor
Built in 1910, this property consists of multiple units, with the vacant ones shown in images being in a state of severe disrepair. The interiors feature heavily worn and damaged flooring, exposed lath and plaster, peeling paint, and missing fixtures. There are no functional kitchens or bathrooms visible; instead, images show gutted areas with exposed plumbing. The overall condition indicates substantial repairs and rehabilitation are required, making the vacant units unsafe and unlivable in their current state. While renovation is suggested in the description, the extent of the damage aligns with the 'Poor' category, requiring significant investment to address major components and bring them to a habitable standard.
Pros & Cons
Pros
Multi-Unit Income Potential: The property comprises three separate single-family homes on two parcels, offering substantial potential for rental income and portfolio diversification.
Immediate Cash Flow: One of the three homes is currently tenant-occupied, providing immediate rental income and a head start on investment returns.
Value-Add Opportunity: With two vacant units, there's significant opportunity for an investor to renovate, upgrade, and optimize rental rates, thereby increasing overall property value and cash flow.
Multiple Parcels Included: The sale includes two main parcels and an additional lot in the back, offering potential for future expansion, increased privacy, or enhanced property value.
Investor-Focused Asset: Explicitly marketed as ideal for experienced investors seeking a high-yield investment, indicating a clear path for maximizing returns through strategic management and renovation.
Cons
Age of Construction: Built in 1910, the homes are very old, suggesting potential for outdated systems, structural issues, and significant deferred maintenance requiring substantial capital investment.
Extensive Renovation Required: The description implies a need for considerable renovation and 'vision' to maximize the income potential of the vacant units, which will demand significant time, effort, and financial outlay from the buyer.
Not Turnkey for All Units: While one unit generates income, the other two are vacant and require renovation before they can contribute to the rental income, meaning immediate full income generation is not possible.