128 L St, Needles, CA 92363
This exceptional 12,097 square foot residential land parcel, located at 128 N. L Street in Needles, California (APN# 0185-111-57), presents a remarkable investment opportunity. Zoned R3, this property offers significant potential for multi-unit development, with city planning documents indicating the possibility of up to 30 units per acre. The site is ideally situated within one mile of the Colorado River, Rivers Edge Golf Course, a boat launch, and various water sports activities, promising high desirability for future residents. This prime location provides convenient access to recreational amenities and a vibrant community. Manufactured homes may be permitted, subject to city regulations. City utilities and sewer services are readily available at the street. Prospective buyers are responsible for conducting thorough due diligence, including verification of zoning, utility availability, water and sewer access, and all applicable building codes and requirements. This is one of only two remaining lots available. Don't miss this chance to acquire a piece of Needles' thriving real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.