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S Downs St Ridgecrest, CA, 93555
$9,488,000 Land for sale 20.13 acres
A unique opportunity for investors to acquire this one of a kind 20+ acres Master Planned Apartment complex located in Ridgecrest, California. Villa Crest Apartments is a 20.48-Acre, 361-unit apartment complex that consists of 361 units of residential apartments offering 2 Bed/ 2 Bath units @ 901 SQFT, 3 Bed/ 2 Bath units @ 1078 SQFT, and 2 Bed/ 2 Bath units @ 950 SQFT. The property will have 700 parking slots making way for 2 or more cars per unit plus guest parking. The property is centrally located and is close to commercial, educational, and recreational areas in the city of Ridgecrest.
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Property details
876,863 sqft interior area
Land area
876,863 sqft (20.13 acres)
Price per sqft
$10/sqft
Days on Verhouse
117
Address
S Downs St, Ridgecrest, CA, 93555
City of California
Ridgecrest
County
Kern
Previous price
$9,488,000
District
Listing
Zoning
MUFA
Open Houses
No upcoming open houses
Listed by
Zaheer Siddiqui, JPAR Iron Horse Real Estate
Name
Zaheer Siddiqui
License number
01915638
Brokerage company
JPAR Iron Horse Real Estate
MLS #
41048142
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Calculate your monthly payments
Mortgage
$29,131
Taxes
$0
HOA dues
$0
Mortgage
$1,897,600 / 20%
2.28%
30 years
Your amount
$29,131 / month
Lot details
TMK #47901015007
Lot Description
None
Parcel #
47901015007
93555 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 93555
46%
Families with children
National average: 39%
37%
Non family households
35,927
Population
$78,561
Average Income
Age & gender
Median age 37 years
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Commute types
90% commute by car
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Education level
25% have high school education
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Number of employees
27% work in public administration
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Vehicles available
39% have 2 vehicle
More info
Vehicles by gender
39% have 2 vehicle
More info
Housing market insights for
$220.8k
Neighborhood average
sales price*
sales price*
$235k
Neighborhood median
sales price*
sales price*
5
Number
of sales*
of sales*
Housing type
62% are single detacheds
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Rooms
45% of the houses have 4 or 5 rooms
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Bedrooms
74% have 2 or 3 bedrooms
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Owners vs Renters
64% are owners
More info
5.83 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Utilities
Sewer On Site, Water Connected
Utilities
Sewer On Site, Water Connected
Location Details, Documents & Disclosures
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Directions to property
Bowman Rd to Downs St
Price history
New Listing Jan 22, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 22, 2024 | New Listing | $9,488,000 | 10.82 | MLS #41048142 |
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Frequently Asked Questions about S Downs St
What is S Downs St?
S Downs St is a lot of 20.13 acres (about is 876,863 sqft).
What is the full address of this Land?
S Downs St, Ridgecrest, CA, 93555.
Tell me about the point of interest nearby
The closest grocery stores are Walmart Supercenter, 1.82 miles away and Stater Bros., 1.87 miles away.
Based on information from the bridgeMLS as of 05-17-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 05, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Walmart Supercenter, 1.82 miles away and Stater Bros., 1.87 miles away.
The 93555 zip area has a population of 35,927, and 46% of the families have children. The median age is 37.12 years and 90% commute by car. The most popular housing type is "single detached" and 64% is owner.