617 E Ridgecrest Blvd Ridgecrest, CA 93555
Ridgecrest AreaEstimated payment $5,250/month
Highlights
- Corner Lot
- Two cooling system units
- Two Heating Systems
- Tile Flooring
About This Home
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.
Listing Agent
Elite Properties Brokerage Phone: (760) 977-9281 License #01988230 Listed on: 07/29/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1979
Lot Details
- 10,890 Sq Ft Lot
- Corner Lot
Home Design
- 6,730 Sq Ft Home
- Shingle Roof
- Stucco Exterior
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Carpet
- Tile
- Vinyl Plank
Bedrooms and Bathrooms
- 13 Bedrooms
- 11 Bathrooms
Utilities
- Two cooling system units
- Roof Mounted Cooling System
- Two Heating Systems
- Central Heating
- Master Meter
- Natural Gas Connected
Community Details
- 9 Units
Listing and Financial Details
- Assessor Parcel Number 080-051-01
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $8,644 | $499,045 | $40,617 | $458,428 |
| 2025 | $8,223 | $489,261 | $39,821 | $449,440 |
| 2024 | $8,223 | $479,669 | $39,041 | $440,628 |
| 2023 | $7,986 | $470,265 | $38,276 | $431,989 |
| 2022 | $7,807 | $461,045 | $37,526 | $423,519 |
| 2021 | $7,361 | $452,006 | $36,791 | $415,215 |
| 2020 | $7,361 | $447,372 | $36,414 | $410,958 |
| 2019 | $7,019 | $447,372 | $36,414 | $410,958 |
| 2018 | $6,912 | $430,000 | $35,000 | $395,000 |
| 2017 | $6,216 | $360,000 | $54,000 | $306,000 |
| 2016 | $5,645 | $320,000 | $48,000 | $272,000 |
| 2015 | $5,014 | $265,000 | $30,000 | $235,000 |
| 2014 | $4,548 | $265,000 | $30,000 | $235,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2026 07/29/26 | For Sale | $825,000 | -- | $123 / Sq Ft |
Source: Southern Sierra MLS
MLS Number: 2608736
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Ask me questions while you tour the home.