617 E Ridgecrest BLVD, Ridgecrest, CA 93555
617 E Ridgecrest BLVD, Ridgecrest, CA 93555
617 E Ridgecrest BLVD, Ridgecrest, CA 93555
617 E Ridgecrest BLVD, Ridgecrest, CA 93555
617 E Ridgecrest BLVD, Ridgecrest, CA 93555
617 E Ridgecrest BLVD, Ridgecrest, CA 93555
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$ 825,000
Est. payment | /mo

13 Beds

11 Baths

6,730 SqFt


Save
$ 825,000
Est. payment | /mo
Save

13 Beds

11 Baths

6,730 SqFt

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

Scott K. Miller

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 264-3501

mrscottkmiller@gmail.com

341 E Wilson Ave, Ridgecrest, CA 93555, USA

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617 E Ridgecrest BLVD