625 W Broadway St
Needles, CA 92363

Bd   — Ba   9,760 Sqft
Well maintained apartment building. Ideal for a owner -investor. This 25 unit complex represents an excellent opportunity for an investor to acquire a unique, stable property with substantial upside in rents and laundry income. Most of the units are upgraded with Ceramic tiles and new paint. Upgraded plumbing and electrical systems. The building currently has copper plumbing and copper wiring. New toilets have been installed. In addition, the parking lot has been resurfaced and there are new concrete decks, new signage, and new TV cable hookups. Each apartment is a fully furnished efficiency unit that includes linens and a microwave oven. The current owner has taken great pride in providing a clean, well-maintained property. Needles is one of the oldest cities in San Bernardino County. Founded in 1883 with the coming of the railroad, and incorporated October 30, 1913 as a California Charter City. Located in the very heart of the lower Colorado River recreation area just across the bridge from Arizona and by the tip of Nevada. Needles is the gateway to the Golden State. Needles is rich with history. The Mojave Indians lived in the valley long before settlers arrived, and descendants of the Mojave Indians still reside in the area.
  • Zipcode: 92363
  • Days on Movoto: 390
  • Year Built: 1951
  • HOA: $0 HOA
  • $/Sqft: $50
  • Lot: 15,000 Sqft
  • Property Type: Multi Family
  • MLS#: PW16091595
  • MLS:
  • Listing Office: Ray Kottapalli
  • Listed By: Ray Kottapalli
  • Movoto last checked CRMLS for new data 41 minutes ago
  • CRMLS last updated this listing 1 month ago

Home Features

Overview
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Property History

Status
Date
Price
Active Under Contract
Apr 13, 2017
Price Change
Sep 27, 2016
$485,000
Listed
May 1, 2016
$499,000
#PW16091595
Sold
Jan 31, 2014
$450,000
Listed
Dec 27, 2013
$450,000
#PW13252933
As of today, there are 28 properties listed for sale in ZIP code 92363 and 28 properties listed for sale in the city of Needles, CA. This property at 625 W Broadway St in 92363 is currently listed for $485,000. This is 236% above the $144,450 median price for Needles and 236% above the 92363 median of $144,450. Of the 28 properties for sale in Needles, 27 are single family homes and 1 are condos. 625 W Broadway St is a multi family home that is approximately 9,760 Sqft, 537% above the Needles median of 1,532 and 537% above the 92363 ZIP code median of 1,532. The price per square foot is $50, which is 48% below the median price in 92363 of $96 and 48% below the Needles median of $96 per square foot.
Built in 1951, this multi family house at 625 W Broadway St is approximately 9,760 square feet and comes with 25 parking spots. It is listed on 05/01/2016 with a cost per Sqft of $50. 625 W Broadway St is located in the Needles Unified. The closest school is Needles High School.

625 W Broadway St has been on the market for 390 days. The median days on the market for properties in this area is 77 with a median list price of $144,450 and median cost per square foot of $96. It's currently listed as pending under the MLS #PW16091595.

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