46
See all 46 photos
$825,000
Est. payment /mo
13 Beds
11 Baths
6,730 SqFt
New
617 E Ridgecrest BLVD Ridgecrest, CA 93555
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4+ Units, Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 6,730 sqft
Price per Sqft $122
MLS Listing ID 2608736
Bedrooms 13
Year Built 1979
Lot Size 10,890 Sqft
Property Sub-Type 4+ Units, Income Property
Property Description
This well-positioned apartment complex is also just 3.5 miles from NAVAIR China Lake, 5 miles from Cerro Coso Community College, and minutes from schools, shopping, dining, and everyday conveniences. The property offers a desirable unit mix of five 2-bedroom apartments and four 1-bedroom apartments. Select units feature balconies or small fenced backyard spaces, adding to resident appeal. The property is currently undergoing revitalization to enhance its overall appearance; several units have already been updated with modern finishes including luxury vinyl plank flooring, quartz countertops, and premium fixtures. Additional units have been upgraded within the past decade, and the remaining apartments offer an excellent opportunity for further value-add improvements. With strong income potential and returns that exceed those commonly found in today's market, this property presents an exceptional investment opportunity. Whether you're an experienced investor looking to expand your portfolio with a high-yield asset or a new investor seeking an attractive entry into the market, this apartment complex offers outstanding upside and long-term potential.
Location
State CA
County Kern
Area South East
Zoning R-4
Interior
Interior Features Flooring- Tile, Flooring- Carpet, Flooring- Vinyl Plank
Heating Dual Pack, Ducted to All Rooms
Cooling Dual Pack, On Roof
Appliance Dishwasher, Oven/Range, Refrigerator
Exterior
Exterior Feature Corner Lot
Pool No-Pool
Utilities Available Water: IWVWD, Power: On Meter, Natural Gas: Hooked-up, Sewer: Hooked-up
Roof Type Shingle
Building
Structure Type Stucco
Listed by Elite Properties
Nearby Locations
GET MORE INFORMATION