9 UNIT INCOME 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.
For sale
$825,000
617 E Ridgecrest Blvd, Ridgecrest, CA 93555
13beds
11baths
6,730sqft
Multi Family
Built in 1979
-- sqft lot
$794,600 Zestimate®
$123/sqft
$-- HOA
What's special
Premium fixturesQuartz countertopsLuxury vinyl plank flooringSelect units feature balconies
- 39 days
- 242
- 15
Zillow last checked:
Listing updated:
Listed by:
Mary Furnish (760)977-9281,
Elite Properties
Source: Southern Sierra,MLS#: 2608736
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 11
Heating
- Dual Pack, Ducted to All Rooms
Cooling
- Dual Pack, On Roof
Appliances
- Included: Dishwasher, Oven/Range, Refrigerator
Features
- Flooring: Tile, Carpet, Flooring- Vinyl Plank
Interior area
- Total structure area: 6,730
- Total interior livable area: 6,730 sqft
Property
Features
- Pool features: No-Pool
Lot
- Size: 0.25 Acres
- Features: Corner Lot
Details
- Parcel number: 08005101
- Zoning description: R-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Shingle
Condition
- Year built: 1979
Utilities & green energy
- Electric: Power: On Meter
- Gas: Natural Gas: Hooked-up
- Sewer: Sewer: Hooked-up
- Water: Water: IWVWD
Community & HOA
Location
- Region: Ridgecrest
Financial & listing details
- Price per square foot: $123/sqft
- Date on market: 7/29/2026
Estimated market value
$794,600
$755,000 - $834,000
$847/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Listed for sale | $825,000-8.8%$123/sqft |
Source: | ||
| 8/8/2024 | Listing removed | $905,000$134/sqft |
Source: Fresno MLS #610674 Report a problem | ||
| 4/30/2024 | Listing removed | -- |
Source: Fresno MLS #610674 Report a problem | ||
| 4/11/2024 | Listed for sale | $905,000$134/sqft |
Source: Fresno MLS #610674 Report a problem | ||
| 9/23/2022 | Listing removed | -- |
Source: | ||
| 9/19/2022 | Price change | $795-3.6% |
Source: | ||
| 9/2/2022 | Listed for rent | $825+37.5% |
Source: | ||
| 5/16/2015 | Listing removed | $600 |
Source: Red Balloon Realty Report a problem | ||
| 2/25/2015 | Listed for rent | $600 |
Source: Red Balloon Realty Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 93555
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