For Sale

Listed by Mary Furnish · Elite Properties

$825,000

13beds|11baths|6,730sqft

617 E Ridgecrest BLVD, Ridgecrest, CA 93555

Est. $4,172/mo (20% down, 6.5% rate, 30yr fixed)

4+ Units, Income Property · Multi Family

Built in 1979

10,890 sq ft lot

$123 / sqft

0 days on market

Your Agent

Nicholas Wakley, Realtor

Nicholas Wakley

Realtor · DRE# 02200707

Coldwell Banker Frontier

About This Property

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.

Features

Flooring- Tile
Flooring- Carpet
Flooring- Vinyl Plank
Corner Lot

Property Details

Property Type

Multi Family · 4+ Units, Income Property

Year Built

1979

Lot Size

0.25 acres

Stories

0

Cooling

Dual Pack, On Roof

Heating

Dual Pack, Ducted to All Rooms

MLS #

2608736

Listed

Jul 29, 2026

Days on Market

0

Listing Agent

Mary Furnish

Elite Properties

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