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1324 N Norma Street, Ridgecrest, CA 93555

Fourplex

1324 N Norma Street, Ridgecrest, CA 93555 Sold July 2024 CRMLS
$1,018,000Sold July 2024

Listing Agent: Jeremiah Carew (DRE #01374136) · Listing Office: 3 Leaf Realty Inc · Contact: 310-714-1416 · Bought with: Christine Dosen · Dosen Real Estate Incorporated · MLS #SB24024605 · Source: CRMLS

48,000 sqft
Lot Size
1972
Year Built
Fourplex
Type
1
Stories
0
Garage

About this fourplex

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.

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$1,018,000
Sold July 2024 · listed $1,010,000, on market February 2024 · MLS #SB24024605 · Source: CRMLS
Listing Agent: Jeremiah Carew · Listing Office: 3 Leaf Realty Inc · Contact: 310-714-1416 · Bought with: Christine Dosen · Dosen Real Estate Incorporated
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