617 East Ridgecrest Boulevard

Ridgecrest, CA 93555

$905,000
Price
13
Beds
11
Baths
6,730 Sq. Ft.
$134 / Sq. Ft.
6,730
Sq. Ft.
$134
per Sq. Ft.

Description

Attractive unit mix! This apartment complex offers a desirable mix of living options. With a total of 9-units, it contains 4 two-bedroom units and 5 one-bedroom units. Select apartments feature private balconies or backyard spaces. Recent upgrades! The property has undergone revitalization with fresh paint, enchanting its aesthetic appeal. Furthermore, select units have recently been renovated and now feature premium fixtures, including vinyl plank flooring and new counter tops. Exceptional investment!...Attractive unit mix! This apartment complex offers a desirable mix of living options. With a total of 9-units, it contains 4 two-bedroom units and 5 one-bedroom units. Select apartments feature private balconies or backyard spaces. Recent upgrades! The property has undergone revitalization with fresh paint, enchanting its aesthetic appeal. Furthermore, select units have recently been renovated and now feature premium fixtures, including vinyl plank flooring and new counter tops. Exceptional investment! This property stands out as a remarkable opportunity, offering returns that surpass those typically seen in today's market. It presents a strategic addition for Ridgecrest operators looing to enhance their portfolio with a high-yield asset, as well as an enticing entry point for new investors seeking to capitalize on Ridgecrest's attractive return potential. Prime location! Nestled within a 2-mile radius of the Leroy Jackson Sports Complex, James Monroe Middle School, and Burroughs High School. Just 3.5 miles from China Lake and 5.5 miles from Cerro Coso Community College, with numerous retail centers nearby, ensuring residents have everything they need within a short distance.
  1. Listed by Dustin Ilic • DRE #01772625 • Visintainer Group

Property Details for 617 East Ridgecrest Boulevard

Garage Spaces
0
Cross Street Address
N. American Street

Location

Listing Courtesy of Visintainer Group
Add your commute
LISTING UPDATED: 04/22/2024 02:10 PM

Property Details for 617 East Ridgecrest Boulevard

StatusActive
MLS #610674
Days on Market84
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 5 to 15 Units
Year Built1979
Lot Size0.23 AC / 10,019 SF
CountyKern County

Location

Listing Courtesy of Visintainer Group
Add your commute

Building Information for 617 East Ridgecrest Boulevard

Stories-Residences9Year Built1979Building Size-Lot Size0.23 AC / 10,019 SF

Payment Calculator

$5,604 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,939

Property Taxes

$665

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 617 East Ridgecrest Boulevard

Summary
Location and General Information
  • Region: Suburban
  • Directions: South on China lake Blvd, left on Ridgecrest Blvd, right on American Street,
  • Census Tract: .00
School Information
  • School Name 1: Burroughs
  • School Name 2: Faller
  • School Name 3: James Monroe
  • School Type 1: High School
  • School Type 2: Grade School
  • School Type 3: Junior High School
Taxes and HOA Information
  • Association: Fresno MLS
Lot Information
  • Square Footage Source: Seller
  • APN: 0800510100
  • Lot Measurement: Acres
  • Lot Size Source: (Seller)
  • Multiple Listing Service: Fresno Multiple Listing System
Property
Property and Assessments
  • REO/Bank Owned: No
  • FIPS Code: 29
  • Age: 0
  • Documents Available: Cash Flow Analysis
  • Property Disclaimer: Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
  • Total Buildings: 2
  • Stories: Two
Utilities
  • Gas & Electric: Public Utilities, Natural Gas
  • Sewer/Water: Public Water, Public Sewer
  • Special Features: Private Patios,Private Balconies,Extra Storage,Furnished
Interior and Exterior Features
Exterior Features
  • Exterior: Stucco, Stone
  • Foundation: Concrete Perimeter
  • Roofing: Composition, Tile
  • Site Amenities: Corner
Interior Features
  • Heat/Cool: Central Heat/Cool
  • Fireplace: None
Multi Family
Income & Expenses Information
  • Annual Expense: $35,450.00
  • Annual Income: $91,374.00
  • Expenses Include: Management, Maintenance/Repair, Insurance, Gas, Electric, Water, Sewer, Taxes, Vacancy Factor
  • Income Includes: Unit Rent, Both
  • Net Income: $55,924.00
  • Total Units: 9
Unit 1 Information
  • Unit Number: 1
  • Unit Description: 617 A
  • Square Feet: 650
  • Rooms: 0
  • Bathrooms: .00
  • Identical Units: 0
  • Rent: $795.00
Unit 2 Information
  • Unit Number: 2
  • Unit Description: 617 B
  • Square Feet: 650
  • Rooms: 0
  • Bathrooms: .00
  • Identical Units: 0
  • Rent: $1,025.00
Unit 3 Information
  • Unit Number: 3
  • Unit Description: 617 C
  • Square Feet: 850
  • Rooms: 0
  • Bathrooms: .00
  • Identical Units: 0
  • Rent: $825.00
Unit 4 Information
  • Unit Number: 4
  • Unit Description: 617 D
  • Square Feet: 800
  • Rooms: 0
  • Bathrooms: .00
  • Identical Units: 0
  • Rent: $740.00
Unit 5 Information
  • Unit Number: 5
  • Unit Description: 619 A
  • Square Feet: 625
  • Rooms: 0
  • Bathrooms: .00
  • Identical Units: 0
  • Rent: $900.00
Unit 6 Information
  • Unit Number: 6
  • Unit Description: 619 B
  • Square Feet: 950
  • Rooms: 0
  • Bathrooms: .00
  • Identical Units: 0
  • Rent: $975.00
Unit 7 Information
  • Unit Number: 7
  • Unit Description: 619 C
  • Square Feet: 625
  • Rooms: 0
  • Bathrooms: .00
  • Identical Units: 0
  • Rent: $640.00
Unit 8 Information
  • Unit Number: 8
  • Unit Description: 619 D
  • Square Feet: 625
  • Rooms: 0
  • Bathrooms: .00
  • Identical Units: 0
  • Rent: $875.00
Unit 9 Information
  • Unit Number: 9
  • Unit Description: 619 E
  • Square Feet: 925
  • Rooms: 0
  • Bathrooms: .00
  • Identical Units: 0
  • Rent: $1,075.00
Rental
Rental Information
  • Tenant Pays: Electricity, Gas, Trash Collection
  • Lease Type: Net

Property History for 617 East Ridgecrest Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 617 East Ridgecrest Boulevard

Taxable ValueLand$38,276Additions$431,989Total$470,265
Tax Record2023$7,986 ($665 / month)
Home Facts
Total Finished SqFt6,730 SqFtAbove Grade Finished SqFt6,730 SqFtStories2Lot Size10,018 SqFtStyleMulti-Family Res (5+ Units)Year Built1979ZoningR-4CountyKERNAPN080-051-01-00-9

Schools near 617 East Ridgecrest Boulevard

This home is within Sierra Sands Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gateway Elementary School
PublicK to 5

James Monroe Middle School
Public6 to 8

Burroughs High School
Public9 to 12

Mesquite Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

617 East Ridgecrest Boulevard is a multi-family home for sale in Ridgecrest, CA 93555. This property was listed for sale on February 6, 2024 by Visintainer Group, it's currently listed at $905,000. It has been on the market for a total of 84 days and was last sold on June 9, 2017. This listing's school district is Sierra Sands Unified School District. Nearby schools include Gateway Elementary School, James Monroe Middle School and Burroughs High School. 617 East Ridgecrest Boulevard is a 13-bed, 11-bath, 6,730 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Visintainer Group

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.