Map
Listed price in listed location currency (USD).
$249,900

630

MLS® 2608748

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 5100 sqft
Garage 
Taxes 
Days Active 4
Lot Size 0.21 Acres
Approx. Age 1985
Avg. Price Per Sqft $49
MLS® Number 2608748

Property Address: 125 S Lumill St, Ridgecrest, CA, 93555

Average square foot calculated using Size range provided by listing agent.

Description

Three units, one parcel, $250, 000. At $2, 363 in monthly scheduled rent ($28, 356 annually) this triplex carries an 8.82 gross rent multiplier and roughly a 6.5% cap rate at in-place rents, the strongest income ratio in the current four-property offering. At about $83, 000 per unit, the entry price puts three doors within reach of cash buyers, retirement account purchasers, and single-family rental owners looking to diversify into small multifamily. The property is currently under professional management, with rent roll and expense detail available on request. Ridgecrest rental demand is anchored by China Lake NAWS and the surrounding employment base, with multifamily inventory under half a month of supply and a 99.5% list-to-sale ratio over the trailing twelve months. Suited to 1031 exchange buyers and investors adding scale in a market with limited available inventory. Available on its own or as part of a four-property, twelve-unit package. Buyer to verify all income, expense, square footage, and unit count information.
MLS® Number2608748
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1985
Basement
Driveway
Garage Spaces
HeatForced Air-Gas
A/CEvaporative

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 1, 2026List Date
$249,900List Price
  • Commute

Commute

Starting Address
Destination Address
125 S Lumill St, Ridgecrest, CA

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