328 N Helena, Ridgecrest, CA 93555, Ridgecrest, 93555 - 4 bed, 2 bath
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Ridgecrest, CA 93555
This 4-bedroom Investor-Grade Value-Add Property is listed at $174,900, carrying a $105,833 Fair Market Value that reflects its current Condition Rating of 5. As a mid-renovation project, the asset features a detached garage/shop and a functional basement on a high-utilization 7,841 sqft lot. With interior improvements like tile flooring already in progress, the property offers a clear path to forced appreciation for those capable of completing the rehabilitation. This is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on a high-upside project in Ridgecrest.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 328 N Helena Subject | $174,900* List Price | 4 | 2 | 1,261 | $84 | - |
A 230 Kennedy Court Sold | $220,000 | 2 | 2 | 1,228 | $179 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is a mid-renovation investor project sold in as-is condition. While some tile flooring and bathroom tiling have been started, the home lacks kitchen appliances, has unfinished walls with missing drywall, exposed ceiling joists in some areas, and requires significant rehabilitation and finish work to be habitable.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1261.
The property features both a basement and a detached garage/shop, providing rare additional square footage for storage, workshops, or secure parking that adds significant functional value.
With tile flooring already in place and bathroom updates currently underway, much of the heavy lifting has begun, allowing an investor to focus on finishing touches and rapid repositioning.
The property is sold in as-is condition with incomplete interior work, requiring a buyer with immediate access to capital and contractors to make the home habitable.
Due to the 1953 construction and various additions, the buyer must verify all permits, square footage, and utility connections, which may reveal hidden compliance or maintenance costs.
Investor opportunity with basement, detached garage/shop, and clear value-add potential. This 3-bedroom, 2-bath home offers a workable layout, tile flooring through much of the interior, spacious living areas, exposed beam ceilings in several rooms, a functional kitchen footprint with solid cabinet storage, and bath updates already underway. The basement adds useful storage or work space, while the detached structure creates added flexibility for tools, materials, parking, or shop use. Interior improvements have been started, giving the next owner a head start on cleanup, finish work, and repositioning. This property fits a flip, rental hold, or rehab play for a buyer who knows how to force equity through smart improvements and sharper presentation. Front and rear yard areas offer room for cleanup and stronger curb appeal over time. Sold as-is. Buyer to verify all square footage, permits, condition, utility connections, basement use, detached improvements, and intended use. Strong upside for the buyer who sees the path and acts on it. Priced right, this is the kind of property that can reward disciplined investors looking for margin, usable space, and a clear plan to improve value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,261 | 1,482 | 25% |
| Lot Size | 7,841 | 8,010.5 | 50% |
| Price | $174.9K | $260.4K | 8% |
| Price per sq ft | $139 | $177 | 8% |
| Built year | 1953 | 1979 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 295 | 8% |
Mar 27, 2026
$174,900
Initial Listing
Apr 20, 1999
$12,500
Public Record