
Ridgecrest, CA 93555
This property presents a High-Potential Investment Opportunity with a List Price of $139,900—positioned well below the $146,845 Fair Market Value by 4%. This valuation gap offers $6,945 in Instant Equity for buyers prepared to complete the ongoing interior renovations. Featuring a Fair Condition Rating, the home includes a basement and detached shop, providing significant utility. This is a value-add asset ideal for Fix-and-Flip Investors or Contractors seeking a project with clear upside and manageable entry costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 328 N Helena Street Subject 4 bd · 2 ba · 1,261 sqft · $116 | $139,900* List Price | 4 | 2 | 1,261 | $116 | - |
A 205 S Desert Candles Active 3 bd · 2 ba · 1,382 sqft · $130 · 0.9 mi | $179,900 List Price | 3 | 2 | 1,382 | $130 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 (71 years old), this property is currently mid-rehab and sold as-is. While some tile flooring is installed, images show exposed framing, unfinished walls, and construction debris, indicating significant work is needed to complete the kitchen, baths, and interior systems.
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 inclusion of a basement and a detached garage/shop provides rare additional square footage for storage, hobbies, or workspace, significantly increasing the property's functional appeal and flexibility.
With renovations already initiated, including tile flooring and bathroom updates, the property offers a clear 'value-add' opportunity for investors to force equity through completion and cosmetic upgrades.
As a probate sale in mid-renovation status, the property requires immediate capital and labor to address unfinished interiors and potential permitting hurdles, making it unsuitable for traditional financing.
Built in 1953, the home likely requires substantial modernization of core systems—such as electrical, plumbing, and HVAC—to meet current building standards and ensure long-term reliability.
Probate! 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 |
|---|---|---|
| Beds | 4.0 | 2.3 |
| Baths | 2.0 | 1.3 |
| Square foot | 1,261 | 970.333 |
| Lot Size | 7,841 | 7,186.333 |
| Price | $139.9K | $236.0K |
| Price per sq ft | $111 | $255 |
| Built year | 1953 | 1963 |
| HOA | $0 | $164 |
| Days on market | 16 | 168 |
Oct 8, 2026
$139,900
Initial Listing
Apr 20, 1999
$12,500
Public Record