3-Unit Residential Income
For Sale
$295,000
234 W Haloid, Ridgecrest, CA 93555
Multi Family, Ridgecrest, CA
Property Size2,146 SF
Lot Size0.15 Acres
Price / SF$137.47
Days on Market52
Property Features for 234 W Haloid
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R1
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 1
Interior features
Ceiling Fans, Flooring- Tile
Appliances
Water Heater- Nat. Gas, Dishwasher, Garbage Disposal, Refrigerator, W/D Hookups
Directions
South on China Lake to W. Haloid
Subdivision
South West
Standard status
Active
APN
478-081-13
Size
2,146 SF
Lot size
0.15 Acres
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Dual
Building Details
Year built
1976
Number of units
3
Roof type
Composition, Shingle
Listing Agency:
Vaughn Realty
(760) 446-6561
Listed By:
Kim Alexander · License #01233118
(760) 384-8749
Added: Aug 24
Changed: Sep 17
Last Checked: Oct 14 at 6:06PM
MLS# 2608847
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.
This 2,146-square-foot triplex contains three two-bedroom, one-bath residences, with all units currently rented. The property occupies 0.15 acres and was built in 1976. Interior features include tile flooring and ceiling fans, while appliances and connections include natural-gas water heaters, dishwashers, garbage disposals, refrigerators, and washer/dryer hookups. Heating is provided by natural gas forced air, with dual cooling. Improvements have been completed across the units over time.
Located at 234 W Haloid in Ridgecrest, California, the property is zoned R1. The owner pays for water and trash service.
Located at 234 W Haloid in Ridgecrest, California, the property is zoned R1. The owner pays for water and trash service.
Key Highlights
- Three rented two‑bedroom, one‑bath units
- 2,146 square feet on 0.15 acres
- R1 zoning in Ridgecrest, CA
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.
How Realmo checks its estimates
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Current Use
Lease Details
3
Residential units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied configuration with separate two-bedroom, one-bath residences.
Where is this triplex located?
The property is located at 234 W Haloid 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 rented two‑bedroom, one‑bath units; 2,146 square feet on 0.15 acres; R1 zoning in Ridgecrest, CA
