Professionally Managed
For Sale
$249,900
125 S Lumill St, Ridgecrest, CA 93555
Three-unit property under professional management with documented in-place rental operations.
Property Size5,100 SF
Price / SF$49
Days on Market11
Property Features for 125 S Lumill St
General Information
Standard status
Active
Size
5,100 SF
Property subtype
Residential Income
Financials
Asking Price
$250,000
Cap Rate
6.5%
Gross Income
$28,356
Gross Rent Multiplier
8.82
Additional Details
Multifamily Units
3
Listing Agency:
Realty 178
(760) 371-4282
Listed By:
Christina Wade · License #01914252
(760) 371-4282
Source:
Exprealty
Added: Aug 1
Changed: Aug 10
Last Checked: Aug 10 at 10:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty 178
Investment Insights
Based on property information with market context.
This 5,100-square-foot triplex contains three units on a single parcel at 125 S Lumill St in Ridgecrest, California. The property is currently operated under professional management, with rent roll and expense information available upon request.
The asset reflects an 8.82 gross rent multiplier and roughly a 6.5% cap rate at in-place rents. It may be acquired individually or included in a four-property, twelve-unit package. Buyers should independently verify income, expenses, square footage, and unit count.
The asset reflects an 8.82 gross rent multiplier and roughly a 6.5% cap rate at in-place rents. It may be acquired individually or included in a four-property, twelve-unit package. Buyers should independently verify income, expenses, square footage, and unit count.
Key Highlights
- Three units situated on one parcel
- 5,100 square feet of property size
- Currently under professional management
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
Demographics for 93555, CA
32,810
Population
14,401
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
91%
High-School Grad
78.1 sq mi
ZIP Area
420
Density / Sq Mi
$84,141
Median Household Income
$50,198
Median Earnings
$1,180
Median Rent
$235,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property under professional management with documented in-place rental operations.
Where is this triplex located?
The property is located at 125 S Lumill St Ridgecrest, CA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Three units situated on one parcel; 5,100 square feet of property size; Currently under professional management
