Triplex with Upgraded
For Sale
$295,000
234 W Haloid Ave, Ridgecrest, CA 93555
Three residential units offer a consistent two-bedroom, one-bath configuration and are currently occupied.
Property Size2,146 SF
Price / SF$137.47
Days on Market52
Property Features for 234 W Haloid Ave
General Information
Standard status
Active
Size
2,146 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Building Details
Buildings
1
Listing Agency:
Vaughn Realty
(760) 446-6561
Listed By:
Kim Alexander · License #01233118
(760) 384-8749
Source:
Exprealty
Added: Aug 26
Changed: Oct 3
Last Checked: Oct 14 at 11:41PM
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 Vaughn Realty
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Investment Insights
Based on property information with market context.
Located at 234 W Haloid Ave in Ridgecrest, California, this multifamily property contains three residential units with a uniform two-bedroom, one-bath layout. Each residence has received upgrades over time, and the listed property size is 2,146.
All three units are currently rented. The owner covers water and trash service, providing a defined expense responsibility for the property. Tenant privacy is requested, and prospective parties should not disturb occupants.
All three units are currently rented. The owner covers water and trash service, providing a defined expense responsibility for the property. Tenant privacy is requested, and prospective parties should not disturb occupants.
Key Highlights
- Three‑unit multifamily property with 2,146 listed property size
- Each unit includes 2 bedrooms and 1 bath
- All units are currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,786
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,720
$535.7K
Cap Rate 7%
$382,657
$382.7K
Cap Rate 9%
$297,622
$297.6K
Market Conditions
NOI Build-Up for 2,146 SF
Gross rent
$39.4K $18.36/SF
− Vacancy
−$1.1K −$0.53/SF
EGI
$38.3K $17.83/SF
− OpEx
−$11.5K −$5.35/SF
NOI
$26.8K $12.48/SF
Area
Kern County, CA
Vacancy
2.88%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,720
Cap Rate 7%
$382,657
Cap Rate 9%
$297,622
Alternative Uses
Best Use
Multifamily LT 5
$382.7K
$334.8K – $446.4K
NOI $26,786 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$353.2K
$309.0K – $412.0K
NOI $24,722 @ 7.0% cap · market cap 8.38%
Theoretical Best
Warehouse
$458.4K
$401.1K – $534.9K
NOI $32,091 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
668
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer a consistent two-bedroom, one-bath configuration and are currently occupied.
Where is this triplex located?
The property is located at 234 W Haloid Ave Ridgecrest, CA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Three‑unit multifamily property with 2,146 listed property size; Each unit includes 2 bedrooms and 1 bath; All units are currently rented
