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.
259 days
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196
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12
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Zillow last checked:
Listing updated:
Listed by:
Ronald SandovalDRE #01267148909-241-3362,
Ronald Sandoval, Broker
Source: CRMLS,MLS#: CV26137691Originating MLS: California Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Rooms
Room types: Bedroom
Bedroom
Features: All Bedrooms Down
Cooling
Wall/Window Unit(s)
Appliances
Laundry: See Remarks
Features
All Bedrooms Down
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 2,568
Total interior livable area: 2,568 sqft
Property
Parking
Parking features: None
Features
Levels: One
Stories: 1
Entry location: 1
Pool features: None
Spa features: None
Fencing: Wood
Has view: Yes
View description: None
Lot
Size: 0.31 Acres
Features: Rectangular Lot
Details
Parcel number: 47808215005
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Bungalow
Property subtype: Quadruplex
Materials
Lap Siding
Roof: Composition
Condition
New construction: No
Year built: 1959
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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