
Ridgecrest, CA 93555
This Value-Add Residential Asset represents a Strong Value Opportunity with a List Price of $189,999—positioned well below the $205,880 Fair Market Value by 7%. This valuation gap provides $15,881 in Instant Equity for buyers. While currently holding a Fair Condition Rating due to deferred maintenance and outdated finishes, the property offers significant upside through its 7,784-square-foot lot and versatile converted garage den. Featuring a fully fenced yard and private patio, this home is a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build wealth through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 241 N Helena Street Subject | $189,999* List Price | 3 | 1 | 888 | $232 | - |
A 428 N Norma Active | $149,900 List Price | 2 | 1 | 864 | $173 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this home is aged but functional, fitting the 'fair' criteria. The kitchen and bathroom are significantly outdated, with older cabinetry, appliances, and square wall tiling. While the bathroom has a newer vanity, there is visible deferred maintenance such as unfinished light fixture repairs. The interior features worn carpeting and older wall-mounted heating units, indicating the property has not undergone a comprehensive renovation in several decades.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7784, living area = 888.
Listed at $189,999, this property offers an affordable entry point into the Ridgecrest market, making it highly attractive for first-time homebuyers or budget-conscious investors.
The 7,784-square-foot lot provides a generous outdoor area with significant potential for landscaping, gardening, or future property expansions.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7784, other record lot size in square feet = 7840.
With three bedrooms but only one bathroom, the home may present logistical challenges for larger households or when hosting guests.
The 888-square-foot living area is relatively small for a three-bedroom configuration, which may feel restrictive for those requiring more indoor volume.
Charming 3-bedroom, 1-bath Ridgecrest home featuring a generous, fully fenced yard with plenty of space to personalize. The third bedroom is a converted garage, currently used as a den, offering flexible living space to suit your needs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 888 | 1,478.5 | 5% |
| Lot Size | 7,784 | 7,840.4 | 40% |
| Price | $190.0K | $250.0K | 15% |
| Price per sq ft | $214 | $177 | 80% |
| Built year | 1952 | 1976 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 90 | 259 | 5% |
Feb 12, 2026
$189,999
$199,999
-5% Price Drop
Initial Listing
Jan 22, 2026
$199,999
Initial Listing
Oct 30, 2018
$45,000
Public Record