931 W Perch Avenue, Ridgecrest, CA 93555, Ridgecrest, 93555 - 3 bed, 1 bath
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Ridgecrest, CA 93555
This property presents a High-Potential Investment Opportunity with a List Price of $215,000—positioned well below the $220,574 Fair Market Value by 2%. This valuation gap offers $5,574 in Instant Equity. Featuring a Condition Rating of 4, the home requires cosmetic modernization, yet its Large Lot Size and proximity to ten local schools provide significant upside. With a spa and patio included, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 931 W Perch Avenue Subject | $215,000* List Price | 3 | 1 | 1,224 | $180 | - |
A 400 Vista Street Sold | $253,000 | 3 | 2 | 1,331 | $190 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, the property is functional but significantly dated. While the kitchen shows some minor updates like laminate flooring, the bedrooms feature aging carpet and wood paneling consistent with a 20-30+ year old renovation cycle. The exterior patio shows cracked concrete, and the overall interior requires cosmetic modernization and likely system updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1224.
The property is ideally situated near Sequoia National Forest and local amenities like China Lake Golf Course, offering residents exceptional access to hiking, camping, and recreational activities.
With ten local schools located within a three-mile radius, this home is perfectly positioned for families prioritizing educational convenience and accessibility.
Built in 1958, the home likely requires updates to its original systems and cosmetic finishes to meet modern energy efficiency and design standards.
The configuration of only one bathroom for a three-bedroom home may present functional challenges for families and could limit the property's appeal to certain buyer segments.
This home is a place anyone would be happy to call home. This property is settled near the beautiful Sequoia National Forest, which boasts of endless fun activities for the whole family. Enjoy hiking, camping, sightseeing and more! Los Angeles is only a two and a half hour drive away, close enough for an exciting weekend getaway! China Lake Golf Course and the Cerro Coso Sculpture Garden are just two examples of the great, local amenities. There is also a wide range of terrific local schools to choose from, ten of which are less than three miles from the property. Don't miss out on the opportunity to live in this charming town in the great state of California. **Tenant is in place until December 2026 and currently pays $1,885.*** CONTACT LISTING AGENT- 562-267-9442 DANIELLE
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,224 | - |
| Lot Size | 7,405 | - |
| Price | $215.0K | $286.9K |
| Price per sq ft | $176 | $173 |
| Built year | 1958 | 0 |
| HOA | $0 | $0 |
| Days on market | 47 | 214 |
Jun 5, 2026
$215,000
Initial Listing
Jul 21, 2023
$215,000
Public Record
Oct 27, 2004
$77,000
Public Record
Apr 30, 2001
$39,000
Public Record