823 China Lk Blvd Ridgecrest, CA 93555-3515
Property Lookup
Property profile & analytics
823 China Lk Blvd Ridgecrest, CA 93555-3515
- Retail space
- 6,138 SF
- 0.17 lot acres
Property ID
US09-0308375
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Symphony In Ink / Tattoo & Piercing Shop
- East Kern Bail Bonds / Law Firm
Property Details for 823 China Lk Blvd
- Year built
- 1949
- Construction
- WOOD
- Lot size
- 0.17 lot acres
- Property size
- 6,138 SF
- Property type
- Retail space
- APN
- 067-031-01-00-6
- APU
- 6703101006
Description
This exceptional multi-tenant retail investment opportunity in Ridgecrest, CA, presents a compelling prospect for discerning investors. Located on a prominent 0.17-acre site at 823 N China Lake Blvd, this property boasts a 5,828 square foot, two-story building, currently housing three tenants, ensuring a diversified income stream. The building, constructed in 1949 and renovated in 2018, features durable masonry construction, a roll composition roof, and ample parking (approximately 10 spaces) accessible from both N. China Lake Blvd and a rear alley. The property benefits from high visibility due to its location on a major thoroughfare, attracting substantial foot traffic. The current lease structure is a Net Net + (NN+) arrangement with a remaining term of five years, generating a strong net operating income (NOI) of $37,440 and an attractive 8.00% capitalization rate. The property is zoned GC and features a well-maintained exterior, aligning seamlessly with the surrounding neighborhood. The total square footage is 6,071 square feet, with 100% occupancy. This stabilized investment offers a secure return with potential for future appreciation. The property's convenient dual access and well-structured site layout, including landscaping and paved areas, further enhance its appeal. This is a turnkey opportunity to acquire a profitable, well-maintained retail property in a desirable location. The property's APN is 067-031-01-00-6. The asking price is $480,000.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Ridgecrest
- County
- Kern
- State
- California
- Longitude
- -117.67
- Latitude
- 35.6361
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,722
$7,090
$99,385
$106,475
-
$0.00
$0.00
$0.00
