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.
Multi-familyProperty Type
1979Year Built
0.25 acresLot Size
$123Price/Sq.Ft.
Listed by Mary Furnish•DRE #01988230• Elite Properties
Ridgecrest Boulevard, located between North China Lake Boulevard and South Downs Street, is a commercial and residential Ridgecrest neighborhood with a wide desert boulevard and low-slung storefronts. The neighborhood’s character concentrates around the Ridgecrest Blvd and N China Lake Blvd intersection, where local diners, small retailers, and service counters set a steady daytime rhythm. Mid-century ranch homes and compact apartment courts sit behind shade trees and gravel yards, reflecting a practical Mojave aesthetic. Ridgecrest Cinemas anchors casual nights out with first-run screens. Maturango Museum adds a cultural note with local history and desert science. Petroglyph Park frames the area with open-sky trails and volcanic rock textures.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Carpet, tile and vinyl flooring
Dishwasher
Range and oven
Refrigerator
Kitchen
Dishwasher
Range and oven
Refrigerator
Flooring
Carpet
Tile
Vinyl
Exterior features
Corner lot
Home design
Residential income property (multi-family, 4+ units)
Construction
Stucco construction
Shingle roof
Electricity and solar
View estimated energy costs and solar savings for this home