Ridgecrest, CA 93555,1324 N Norma Street
Ridgecrest, CA 93555,1324 N Norma Street
Ridgecrest, CA 93555,1324 N Norma Street
4
$1,018,000
$1,010,000
0.8%
Est.Price: ?

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4 BD
1.1 Acres Lot

1324 N Norma Street Ridgecrest, CA 93555

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

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Key Details

Sold Price $1,018,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24024605

Sold Date 07/19/24

Bedrooms 4

HOA Y/N No

Lot Size 1.102 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. 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.
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.

Location

State CA

County Kern

Area Ridgecrest (93555)

Zoning Assessor

Building

Lot Description Sidewalks

Story 1

Level or Stories 1 Story

Others

Monthly Total Fees $249

Space Rent $425

Financing Cash

Special Listing Condition Probate Sbjct to Overbid

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San Diego Regional MLS (SDMLS)
Listed by Jeremiah Carew • 3 Leaf Realty Inc
Bought with General NONMEMBER • NONMEMBER MRML

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Alcy Garcia

BROKER | OWNER | License ID: 01890606

+1(442) 204-0928

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