128 W Haloid, Ridgecrest, CA, CA 93555
- $310,000
- List Price
- $310,000
- Status
- ACTIVE
- MLS#
- CV26137691
- County
- Kern
- Year Built
- 1959
- Building Square Feet
- 2,568
- Square Feet
- 13,504
- Days on Market
- 39
- Property Type
- Multifamily
- Style
- Bungalow
- Stories
- One Level
Property Description
THIS FOUR ON A LOT PROPERTY IS ON AUTO-PILOT, MGMNT CO HANDLES EVERYTHING. Exceptional multi-unit investment opportunity in the heart of Ridgecrest! This Four on a lot offers four individual homes on a 13,504 sq ft lot, totaling 2,568 sq ft of living space. Each home provides comfortable layouts with strong rental demand and low turnover in a stable desert community. Front homes are 2/1, rear homes 1/1 . Built in 1959, the property has stood the test of time and continues to perform with consistent occupancy and a 6.8% annual ROI. Tenants enjoy ample off-street parking, and convenient proximity to shopping, dining, and the Naval Air Weapons Station China Lake. Perfect for investors seeking reliable income with minimal management headaches. A local property management company oversees day-to-day operations, making this a turnkey asset with dependable cash flow and future upside potential. With a mix of strong market rents and steady demand from the Ridgecrest workforce, this property is ideal for anyone looking to grow or diversify their portfolio in a high-yield, low-maintenance market.
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Additional Information
- Parcel Number
- 47808215005
- Gross Scheduled Income
- $29,460
- Number of Buildings
- 4
- Lot Features
- Rectangular Lot
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Cooling
- Yes
- View
- None
- Exterior Construction
- Lap Siding
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Community Features
- Street Lights
Listing courtesy of Listing Agent: Ronald Sandoval (sandovalron@yahoo.com) from Listing Office: Ronald Sandoval, Broker.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.