Ridgecrest, CA 93555,427 W Reeves AVE
Ridgecrest, CA 93555,427 W Reeves AVE
Ridgecrest, CA 93555,427 W Reeves AVE
5
$240,000
$240,000
Est.Price: ?

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2,500 SqFt

427 W Reeves AVE Ridgecrest, CA 93555

Est. payment /mo
SOLD DATE : 07/19/2024

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Key Details

Sold Price $240,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $96

MLS Listing ID SB24024701

Sold Date 07/19/24

HOA Y/N No

Year Built 1973

Lot Size 0.390 Acres

Property Description

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.
Six properties are to be sold at the same time (ask your agent for details). Please do not walk property.

Location

State CA

County Kern

Area Rcr - Ridgecrest

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 41904104003

Acceptable Financing Submit

Listing Terms Submit

Financing Cash

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Jeremiah Carew • 3 Leaf Realty Inc • 310-714-1416
Bought with Christine Dosen • Dosen Real Estate Inc.

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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