$73,980
●
Land -
For Sale
1202 W Broadway
Needles, CA 92363
Studio
0 Bath
$364
Est. Monthly
About This Property
Opportunity is knocking in the City of Needles, CA!!! Located on
the famous Route 66 this corner lot offers three parcels in total
for a combined square footage of 14,796. The main lot on the corner
offers 7,441 sq ft and the additional two lots are 3,676 and 3,679
respectively. Per the City of Needles: Parcel(s) are located
within the C-2 (General Commercial) zoning district. This zone is
generally intended for uses in central business district
(particularly those that are pedestrian oriented) accommodating a
wide range of commercial and associated residential uses.
Permitted uses for the C-2 zoning district include: ADU, Junior ADU, Duplex, Triplex, Quadplex, Multifamily Townhomes, Condos, Multifamily Apartments, Mixed Use, Single Room Occupancy Units SRO, Emergency Housing, Transitional Housing, Supportive Housing, Residential Care Facilities, Hotel, Motel...and many more! See supplements for printout from City of Needles.
Three total APN's included in the sale: 0186-091-11-0000, 0186-091-12-0000, 0186-091-13-0000. Buyer(s) to verify all zoning, land use, restrictions and verify square footage.
Permitted uses for the C-2 zoning district include: ADU, Junior ADU, Duplex, Triplex, Quadplex, Multifamily Townhomes, Condos, Multifamily Apartments, Mixed Use, Single Room Occupancy Units SRO, Emergency Housing, Transitional Housing, Supportive Housing, Residential Care Facilities, Hotel, Motel...and many more! See supplements for printout from City of Needles.
Three total APN's included in the sale: 0186-091-11-0000, 0186-091-12-0000, 0186-091-13-0000. Buyer(s) to verify all zoning, land use, restrictions and verify square footage.
Unit Size
-
Days on Market
144 days
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1920
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #TR26128438)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2026 | Listed by Exp Realty of California Inc | $73,980 | |
| Listed by Exp Realty of California Inc | |||
Property Highlights
Exterior Details
Lot Features: StreetLevel
Lot Size Area: 14796
Lot Size Units: Square Feet
Lot Size Acres: 0.3397
Lot Size Square Feet: 14796
Tax Lot: 23
Water Source: See Remarks
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
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ft²
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About Needles
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Listed by: Tiffany Leaverton, Exp Realty of California Inc
Last Updated: 5 months ago
Data Source: CRMLS, MLS# TR26128438
Last Updated: 5 months ago
Data Source: CRMLS, MLS# TR26128438
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