Duplex with Two Studio
239 Station, Ridgecrest, CA 93555
For Sale
$129,900
Multi Family, Ridgecrest, CA
Property Size800 SF
Lot Size0.12 Acres
Price / SF$162.38
Days on Market21
Property Features for 239 Station
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Interior features
Appliances
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Utilities
Heating system
Cooling system
Amenities
washer/dryer hookups
fenced yard
Building Details
Year built
Number of units
Roof type
Listing Agency:
Victory Real Estate
Listed By:
Sara Rizzardini · License #01460361
(760) 382-9515
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 9 at 4:06AM
MLS# 2609041
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.
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Investment Insights
Based on property information with market context.
This 800-square-foot duplex contains two studio units on a 0.12-acre parcel. Both roofs were replaced in 2024. The front residence received a kitchen renovation in 2021, including cabinets, countertops, appliances, and new flooring in the kitchen and living room; its refrigerator was replaced in September 2024, and the bathroom was remodeled in 2025. Washer and dryer hookups accommodate stacked units, and a small fenced yard is on site.
A third structure is currently used for storage. The property has one water meter, with separate electric and gas service. Both occupied units are leased month to month, and the tenants wish to remain. The zoning designation is Duplex.
A third structure is currently used for storage. The property has one water meter, with separate electric and gas service. Both occupied units are leased month to month, and the tenants wish to remain. The zoning designation is Duplex.
Key Highlights
- Two studio residences totaling 800 square feet
- 0.12‑acre parcel with a small fenced yard
- Roof replacements completed on both units in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,985
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,700
$199.7K
Cap Rate 7%
$142,643
$142.6K
Cap Rate 9%
$110,944
$110.9K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$14.7K $18.36/SF
− Vacancy
−$423 −$0.53/SF
EGI
$14.3K $17.83/SF
− OpEx
−$4.3K −$5.35/SF
NOI
$10.0K $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%
$199,700
Cap Rate 7%
$142,643
Cap Rate 9%
$110,944
Alternative Uses
Best Use
Multifamily LT 5
$142.6K
$124.8K – $166.4K
NOI $9,985 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$131.7K
$115.2K – $153.6K
NOI $9,216 @ 7.0% cap · market cap 7.09%
Theoretical Best
Warehouse
$170.9K
$149.5K – $199.4K
NOI $11,963 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
701
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
$235,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Kern County, CA
Properties on Market for Duplexes in Kern County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A separate outbuilding currently provides storage, while the two residences have individual electric and gas service.
Where is this duplex located?
The property is located at 239 Station Ridgecrest, CA.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Two studio residences totaling 800 square feet; 0.12‑acre parcel with a small fenced yard; Roof replacements completed on both units in 2024
