Ridgecrest, CA 93555 427 W Reeves Avenue
$240,000
Pending
0 more
Presented By: Jeremiah Carew with 3 Leaf Realty Inc; 310-714-1416
Beds • 16
Baths • 4
SQFT • 2,500
Home Details
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.
Presented By: Jeremiah Carew with 3 Leaf Realty Inc; 310-714-1416
Interior Features for 427 W Reeves Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories1
Other Rooms
Entry Level1
General for 427 W Reeves Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityRidgecrest
Community FeaturesSidewalks
CountyKern
Days on Market33
DirectionsW. Inyokern Rd (Hwy 178) to Norma St.
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income36000.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense3500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsSubmit
Lot Size Square Feet16985.0
MLS AreaRCR - Ridgecrest
MobileHomeRemainsYNNo
Net Operating Income36000.0
New ConstructionNo
Operating Expense0.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsTrust
Standard StatusPending
StatusPending
Stories1
Street NameReeves
Tax Lot4
Total Units4
Trash Expense1500.0
View Y/NNo
Water Sewer Expense4800.0
Waterfront Y/NNo
Year Built1973
Year Built SourceAssessor
Exterior for 427 W Reeves Avenue
Building Area Total2500.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesYard
Lot Size Acres0.3899
Lot Size Area16985.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters3
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480