$325,000
Calculate Payment
Calculate Payment
416 Jean Ridgecrest, CA 93555
Single Family
Residence
3
Beds
3
Baths
...
Bed/Bath
2,097
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Welcome to 416 Jean Ave! You do not want to miss this rare opportunity, that’s perfect for so many different types of buyers with endless possibilities. Whether you are a first time homebuyer that wants to offset your mortgage, possibly house-hack and live essentially for free. Or maybe your a ...first time investor or a very experienced investor that wants to take advantage of the 1% rule, which is unheard of in todays market. This home has an estimated cap rate over 7%. This property can also be perfect for a multigenerational family, with 3 separate units. Seller is willing to offer a 3/2/1 buydown, getting you a rates into the 3%'s and a payment of $1800s with just 10% down. The main house features three bedrooms with two updated bathrooms, updated flooring throughout and its own separate spacious backyard, with a living sq ft at 1407. The garage was converted into a studio with its own bathroom and space for a kitchenette. It has its own access and heating source and additional sq ft of 320 living space. In addition, there is a separate detached ADU of 370 sq ft plus the enclosed balcony, with its own bathroom and kitchenette, and the best views on the property. The property also features a massive pool, with new pool pump and filter for those hot summer days. This home is also part of our dream home program, so if there is anything you want changed, updated or remodeled we can do that in escrow, just like new construction. This home beats the 1% rule as an investor, or someone can live in the ADU and have their mortgage paid by the other two units. It’s one of the best values in Ridgecrest, with a list price far below the average price per sq ft. Call today for your showing!
Continue reading
MLS#
SR26022470
Property Type
Single Family
Bedrooms
3
Bathrooms
3 Full
Year Built
1956
Square Feet
2,097
sq. ft
Lot Size
0.18
Stories
1.0
Sewer
Public Sewer
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.