$240,000 Price Analysis    ♡   Ridgecrest, CA 93555 16 bed None bath 2,500 SqFt ($96/SqFt) 0.39 acre lot. Built 1973 Listed 2024-02-03, Taxes $3,097 | Ⓧ USDA Ineligible due to location near Ridgecrest |
This property is sold with adjacent properties and combined
* Sale Pending *Offer a tremendous investment opportunity. The lot size is approximately 65, 000sf and living space approximately 15, 000+sf and a total of 23 doors, opportunity awaits in Ridgecrest. This listing comprises of one single family home, two triplexes and eight duplexes, with plenty of onsite parking. Conveniently some of the units are vacant allowing you to make updates and maximize the rent potential. Note that many units are under-rented or vacant. The single family home has 3 bedrooms and 2 bathrooms and is 1, 498sf on a 6, 028 sf lot. Live in this home and have your 22 door investment near at hand!
All the other units are 1 bedroom/1 bathroom and approx. 600 sf. Located near China Lake Naval Air Statin and close to shopping, these properties, at capacity, offer excellent cash flow for years to come. The property is lower maintenance and nicely located. Six properties are to be sold at the same time (ask your agent for details). Please do not walk property.
Presented by Jerry Carew at
3 Leaf Realty, Inc.
Property MLS #SB24024701 from CRMLS
Lot Size Acres: 0.3899
Lot Size Source: Assessor
Lot Size Square Feet: 16985
Bedrooms in Unit-1: 4
County: Kern
Source Property Type: Residential Income
Insurance Expense: 3500.00
Area: RCR - Ridgecrest
Source Neighborhood: RCR - Ridgecrest
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 3
Parcel Number: 41904104003
Trash Expense: 1500.00
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $95,625 + $9,210 $104,835 | $3,097 |
| 2021 | $93,750 + $9,030 $102,780 | $2,866 |
| 2020 | $92,789 + $8,938 $101,727 | $1,438 |
| 2019 | $90,970 + $8,763 $99,733 | $1,417 |
| 2018 | $89,187 + $8,592 $97,779 | $1,392 |
| 2017 | $87,439 + $8,424 $95,863 | $1,388 |
| 2016 | $85,725 + $8,259 $93,984 | $1,344 |
| 2015 | $84,438 + $8,135 $92,573 | $1,331 |
| 2014 | $82,784 + $7,976 $90,760 | $1,304 |
| 2013 | $82,410 + $7,940 $90,350 | $1,303 |
| 2012 | $80,795 + $7,785 $88,580 | $1,275 |
| 2011 | $79,211 + $7,633 $86,844 | $1,238 |
| 2010 | $78,619 + $7,576 $86,195 | $1,219 |
| 2009 | $78,806 + $7,595 $86,401 | $1,215 |
| 2007 | $77,261 + $7,447 $84,708 | $1,152 |
| 2006 | $75,747 + $7,301 $83,048 | $1,116 |
$240,000
CRMLS
Year Built: 1973
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 51
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Quadruplex
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.