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$325,000
Est. payment /mo
6 Beds
4 Baths
0.31 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25246695
Bedrooms 6
Lot Size 0.310 Acres
Property Sub-Type Res Income 2-4 Units
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.
Location
State CA
County Kern
Zoning Assessor
Direction OFF 395 HWY ABOUT 1 HR NORTH OF ADELANTO
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 47808215005
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Ronald Sandoval, DRE#01267148 THE REALTY SHOP
Nearby School & Business
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