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Sold for $1,018,000 on 07/19/24
  • Listing Provided by: 

    Jeremiah Carew DRE #01374136 310-714-1416,

    REMAX AEGIS

    $1,018,000

    1324 N Norma St, Ridgecrest, CA 93555

    --beds
    --baths
    12,500sqft
    Quadruplex
    Built in 1972
    -- sqft lot
    $826,200 Zestimate®
    $81/sqft
    $1,090 Estimated rent

    What's special

    This property is sold with adjacent properties, and combined, 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 6,028sf 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 Station and close to shopping, these properties, at capacity, offer excellent cash flow for years to come. The property is lower maintenance and nicely located. Note this is a probate sale, subject to court confirmation and overbid. Six properties are to be sold at the same time (ask your agent for details). Please do not walk property.

    Zillow last checked: 7 hours ago

    Listing updated: July 22, 2024 at 09:01am

    Listing Provided by:

    Jeremiah Carew DRE #01374136 310-714-1416,

    REMAX AEGIS

    Bought with:

    General NONMEMBER, DRE #01947816

    NONMEMBER MRML

    Source: CRMLS,MLS#: SB24024605MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 12,500
    • Total interior livable area: 12,500 sqft

    Property

    Parking
    • Total spaces: 19
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 1.10 Acres
    • Features: Yard
    Details
    • Parcel number: 41904101004
    • Special conditions: Third Party Approval,Probate Listing

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Ridgecrest

    Other

    Other facts
    • Listing terms: Court Approval,Submit
    Services availability