427 W Reeves Avenue, Ridgecrest, CA 93555
Fourplex
Sold 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 Inc. · MLS #SB24024701 · Source: CRMLS
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. 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