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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 pay for a 3/2/1 buydown, getting you the buyer 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!
Property Type(s):
Single Family
| Last Updated | 2/19/2026 | Year Built | 1956 |
|---|---|---|---|
| Community | RCR - Ridgecrest | County | Kern |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | RCR - Ridgecrest |
| CONSTRUCTION | Stucco |
| FIREPLACE | Yes |
| INTERIOR | Ceiling Fan(s) |
| LOT | 7710 sq ft |
| LOT DIMENSIONS | 7712 |
| PARKING | Driveway, On Street |
| POOL | Yes |
| POOL DESCRIPTION | Private |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Ranch |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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