6
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Listed by Ronald Sandoval • PORTER REAL ESTATE
$349,900
Est. payment /mo
0.31 Acres Lot
Active
128 W Haloid Ridgecrest, CA 93555
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV25246695
Style Bungalow
Year Built 1959
Lot Size 0.310 Acres
Property Sub-Type Fourplex
Source California Regional MLS
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 well-maintained quadruplex 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
Area Rcr - Ridgecrest
Interior
Cooling Window / Wall Unit
Exterior
Parking Features No Parking
Pool 31, None
View None
Roof Type Composition
Building
Story One Story
Water District - Public
Architectural Style Bungalow
Others
Tax ID 47808215005
Special Listing Condition Not Applicable
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