Brand-New Triplex for
218 W Church Ridgecrest, CA 93555
218 W Church, Ridgecrest, CA, 93555
$525,000
Pending
For Sale
$525,000
Pending
MULTI_FAMILY - Ridgecrest, CA
Property Size2,460 SF
Lot Size0.21 Acres
Days on Market22
Property Features for 218 W Church
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Property condition
- Under Construction
- Zoning
- R-2
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 3
- Interior features
- Window Coverings, Fixtures, Flooring- Vinyl Plank
- Appliances
- Oven/Range- Electric, Water Heater- Electric, Dishwasher, Garbage Disposal, Refrigerator, Washer & Dryer
- Standard status
- Pending
- APN
- 478-104-06
- Size
- 2,460 SF
- Lot size
- 0.21 Acres
Utilities
- Heating system
- Forced Air, Electric (Heating)
- Cooling system
- Central Air, Dual
Building Details
- Year built
- 2025
- Number of units
- 3
- Roof type
- Composition
Listing agency
Nicholette Blanchard Realty
(949) 874-8963
Listed by
Evan Zurn · License #01957746
(760) 793-6356
Added: Jul 1 Updated: Jul 22 at 6:42PM Checked: Jul 22 at 10:06PM
MLS# 2608714
Copyright © 2026 Southern Sierra MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Newly built triplex at 218 W Church St, featuring three separate 2-bedroom, 1-bath units. Each unit is fully all-electric and includes a 4 kW solar system. Interiors include tile showers and modern finishes, with front landscaping and private backyards for each unit.
The property is located across from City Hall Park and is close to downtown and Balsam St. Zoning is R-2.
The lot size is 0.21 acres, with a total property size of 2,460 square feet. Offered as a turn-key, energy-efficient rental property based on the all-electric setup and included solar system.
The property is located across from City Hall Park and is close to downtown and Balsam St. Zoning is R-2.
The lot size is 0.21 acres, with a total property size of 2,460 square feet. Offered as a turn-key, energy-efficient rental property based on the all-electric setup and included solar system.
Key Highlights
- Brand new triplex (under construction), built in 2025
- Each unit offers 2 beds and 1 bath with private backyards
- All‑electric units with dual central air and forced‑air electric heating
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.2k | $18.36 |
| − Vacancy | −$1.3k | −$0.53 |
| EGI | $43.9k | $17.83 |
| − OpEx | −$13.2k | −$5.35 |
| NOI | $30.7k | $12.48 |
2,460 SF · lease $18.36/SF/yr · vacancy 2.88% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$438.6K
$383.8K – $511.8K
NOI $30,705 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$404.8K
$354.2K – $472.3K
NOI $28,339 @ 7.0% cap · market cap 5.40%
Theoretical Best
Warehouse
$525.5K
$459.8K – $613.1K
NOI $36,787 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - New triplex with three 2-bed/1-bath all-electric units and 4-kW solar, each with private backyard space.
Where is this triplex located?
The property is located at 218 W Church Ridgecrest, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Brand new triplex (under construction), built in 2025; Each unit offers 2 beds and 1 bath with private backyards; All‑electric units with dual central air and forced‑air electric heating
