1240 W Langley Avenue, Ridgecrest, CA 93555, Ridgecrest, 93555 - 3 bed, 2 bath
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Ridgecrest, CA 93555
This Value-Add Residential Asset is a High-Potential Investment Opportunity with a List Price of $228,888—positioned well below the $238,764 Fair Market Value by 4%. This valuation gap offers $9,876 in Instant Equity for buyers. While the home carries a Dated Condition Rating, it features Scenic Mountain Views and a Large 7,189 Sqft Lot with significant expansion potential. Modernizing the original 1977 kitchen and interior finishes will drive substantial forced appreciation. This property is an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1240 W Langley Avenue Subject | $228,888* List Price | 3 | 2 | 1,311 | $182 | - |
A 400 Vista Street Sold | $253,000 | 3 | 2 | 1,331 | $190 | 0.3 mi |
B 349 S Margalo Active | $250,000 List Price | 3 | 2 | 1,352 | $185 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this property is significantly dated but appears functional. The kitchen features original dark wood cabinetry, older tile countertops, and a fluorescent light box. Interior finishes include popcorn ceilings, wood paneling, and stained carpeting that likely needs replacement. While the home is move-in ready, it requires comprehensive cosmetic updates and modernization of the kitchen and bathrooms to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7189, living area = 1311.
The property features beautiful mountain views, providing a picturesque backdrop that enhances the overall tranquility and aesthetic appeal of the home.
Situated on a large 7,189 sqft lot, the property offers significant outdoor space with endless potential for gardening, recreation, or future structural expansion.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7189, other record lot size in square feet = 7405.
Built in 1977, the property may require modernization of its original systems and cosmetic updates to align with contemporary buyer preferences.
With 1,311 square feet of living space, the home may feel compact for larger families or those requiring extensive common areas and storage.
Beautiful 3-Bedroom, 2-Bath Gem on a Huge Lot in Ridgecrest. Don't miss this incredible opportunity to own a true gem in Ridgecrest! This spacious 3-bedroom, 2-bath home offers generously sized rooms throughout, providing comfort and flexibility for families, entertaining, or a home office setup. Situated on a large lot, the property offers plenty of outdoor space with endless potential perfect for gardening, recreation, or future expansion. Inside, you'll find a well-designed layout with bright, open living areas and oversized bedrooms that create a welcoming and comfortable atmosphere. Whether you're looking for your next family home or a smart investment, this property combines space, value, and potential in one fantastic package.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,311 | 1,482 | 33% |
| Lot Size | 7,189 | 8,010 | 42% |
| Price | $228.9K | $260.4K | 33% |
| Price per sq ft | $175 | $177 | 33% |
| Built year | 1977 | 1979 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 295 | 8% |
Apr 23, 2026
$228,888
Initial Listing