424 Olive, Ridgecrest, CA 93555, Ridgecrest, 93555 - 3 bed, 2 bath
Loading property details...
Ridgecrest, CA 93555
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $389,900—positioned above the $368,507 Fair Market Value. While the price reflects a premium, the property offers significant upside through its 1,919 sqft floor plan and large corner lot, which provides excellent utility. With a Condition Rating of 4, the home is functional but invites cosmetic updates to maximize long-term value. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a customizable asset in a prime Ridgecrest location.
Property is moderate renovation needed.
Built in 1993 (33 years old), the home is dated but functional. It features essential systems like central HVAC and has wood/tile flooring, but the lack of mentioned kitchen or bathroom renovations suggests it needs minor updates to meet modern standards.
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 = 1919.
With 1,919 square feet of living area, this home is significantly larger than the average three-bedroom property in the region, offering a spacious interior layout.
The property is situated on a desirable corner lot with expansive front and back yards, providing excellent curb appeal and ample space for outdoor entertaining.
The listing mentions an additional bedroom and bathroom not reflected in official records, which may present challenges with permitting, appraisals, or financing.
Built in 1993, the home may require modern cosmetic updates or maintenance to major systems to align with the current list price and contemporary buyer expectations.
Beautiful 3-bedroom 2 bath home with an attached 2 car garage. Includes an extra bedroom and bathroom (Buyers to verify info with assessor's office) Corner lot located in Prime area of Ridgecrest. Includes cozy fireplace in the living room for comfortable nights. Central air and heating throughout the Home. Wood floors in Living room, Ceramic tile in the rest of Home. Inside laundry room . Huge front and back yard, Perfect for entertaining. This home is ready for 1st Time Buyers or Investment property. Call today won't last!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,919 | - |
| Lot Size | 7,841 | - |
| Price | $389.9K | $286.9K |
| Price per sq ft | $203 | $173 |
| Built year | 1993 | 0 |
| HOA | $0 | $0 |
| Days on market | 25 | 214 |
Jun 27, 2026
$389,900
Initial Listing
Aug 30, 2024
$350,000
Public Record
Sep 26, 2014
$231,000
Public Record
Oct 19, 1999
$61,000
Public Record
Sep 11, 1997
$76,000
Public Record
Dec 21, 1993
$96,000
Public Record