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Apartment Building Under Revitalization
For Sale
$825,000

617 E Ridgecrest Blvd, Ridgecrest, CA 93555

Multi Family, Ridgecrest, CA

Property Size6,730 SF
Lot Size0.25 Acres
Price / SF$122.59
Days on Market47

Property Features for 617 E Ridgecrest Blvd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-4
Bedrooms 13
Bathrooms 11
Full bathrooms 11
Rooms Bathroom 2, Bedroom 12, Bathroom 7, Bedroom 2, Bathroom 3, Bathroom 6, Bathroom 4, Bedroom 11, Bedroom 3, Bathroom 10, Bedroom 7, Bedroom 4, Bathroom 8, Bedroom 6, Bedroom 9, Bedroom 1, Bedroom 10, Bedroom 8, Bedroom 13, Bathroom 9, Bedroom 5, Bathroom 1, Bathroom 11, Bathroom 5
Interior features Flooring- Tile, Flooring- Carpet, Flooring- Vinyl Plank
Appliances Dishwasher, Oven/Range, Refrigerator
Lot features Corner Lot
Directions South on China Lake Blvd. East on Ridgecrest Blvd. 617-619 is on the corner of American and Ridgecrest Blvd
Subdivision South East
Standard status Active
APN 080-051-01
Size 6,730 SF
Lot size 0.25 Acres

Utilities

Cooling system Dual

Amenities

balcony
fenced yard

Building Details

Year built 1979
Number of units 9
Roof type Shingle
Listing Agency: Elite Properties
Listed By: Mary Furnish · License #01988230
Added: Jul 29 Changed: Sep 12 Last Checked: Sep 13 at 7:06PM
MLS# 2608736

Copyright © 2026 Southern Sierra MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 617 E Ridgecrest Blvd, this apartment property contains 6,730 square feet on 0.25 acres and was built in 1979. The unit mix includes five 2-bedroom apartments and four 1-bedroom apartments. Select residences offer balconies or small fenced backyard areas. Interior improvements include luxury vinyl plank flooring, quartz countertops, and updated fixtures, while other apartments have received upgrades within the past decade and additional units remain in the revitalization process. Features include dual cooling, tile, carpet, and vinyl plank flooring, along with dishwashers, oven/ranges, and refrigerators.

The property is 3.5 miles from NAVAIR China Lake and 5 miles from Cerro Coso Community College. Schools, shopping, dining, and everyday services are also described as being minutes away. The property carries R-4 zoning and has a shingle roof.

Key Highlights

  • Five 2‑bedroom apartments and four 1‑bedroom apartments
  • 6,730 square feet on 0.25 acres
  • 3.5 miles from NAVAIR China Lake

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Real Estate Agency Accounting Firm Garden Center Pharmacy Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby

Demographics for 93555, CA

32,810
Population
14,401
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
78.1 sq mi
ZIP Area
420
Density / Sq Mi
$84,141
Median Household Income
$50,198
Median Earnings
$1,180
Median Rent
$235,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - R-4-zoned apartment property with select balconies, fenced yards, and a mix of renovated and renovation-ready interiors.
Where is this apartment building located?
The property is located at 617 E Ridgecrest Blvd Ridgecrest, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Five 2‑bedroom apartments and four 1‑bedroom apartments; 6,730 square feet on 0.25 acres; 3.5 miles from NAVAIR China Lake
More about this property
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