Duplex with In-Unit
New
For Sale
$329,900
457 S Norma St, Ridgecrest, CA 93555
Multi Family, Ridgecrest, CA
Property Size1,636 SF
Lot Size0.43 Acres
Price / SF$201.65
Days on Market3
Property Features for 457 S Norma St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 4
Interior features
Ceiling Fans, Flooring- Vinyl Plank
Appliances
Microwave, Oven/Range, Refrigerator, Water Heater
Lot features
Curb & Gutter, Fenced- Full, R V/ Boat Parking, Storage Shed
Directions
S China Lake Blvd to W Upjohn Ave. The property is the second parcel from the Upjohn and Norma corner (northwest corner). Vehicle entry is from the back, off Upjohn.
Subdivision
South West
Standard status
Active
APN
477-060-16
Size
1,636 SF
Lot size
0.43 Acres
Additional Details
Tenant in Place
Yes
Utilities
Heating system
Ductless (Heating)
Cooling system
Ductless, Zoned, Evaporative Cooling
Amenities
large backyard
in-unit laundry
oversized carport
storage
Building Details
Year built
1944
Number of units
2
Roof type
Shingle, Composition
Listing Agency:
Ridgecrest Realty
Listed By:
Angela Vass-Rodriguez · License #01928938
(760) 793-6317
Added: Nov 2
Last Checked: Nov 4 at 1:06AM
MLS# 2609079
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 1,636-square-foot duplex, built in 1944, contains two residences with separate floor plans. The front unit has three bedrooms, one bathroom, a living room, and a kitchen with modern appliances and hard-surface countertops. The rear unit includes two bedrooms, one bathroom, a dining area, and a living room. Laundry is provided inside each unit. Heating and cooling include a mini-split system in the rear residence; the front unit has natural gas. A carport with storage serves the property.
The property occupies 0.43 acres and is zoned R2. Access to the yard is from Sunset Place on the west side, off W Upjohn; the front residence faces S Norma St. Both residences are leased on yearly terms. The property is near Naval Air Weapons Station China Lake.
The property occupies 0.43 acres and is zoned R2. Access to the yard is from Sunset Place on the west side, off W Upjohn; the front residence faces S Norma St. Both residences are leased on yearly terms. The property is near Naval Air Weapons Station China Lake.
Key Highlights
- Two residences with a combined 1,636 square feet on a 0.43‑acre lot
- R2 zoning
- Three‑bedroom, one‑bath front unit and two‑bedroom, one‑bath rear unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,420
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,400
$408.4K
Cap Rate 7%
$291,714
$291.7K
Cap Rate 9%
$226,889
$226.9K
Market Conditions
NOI Build-Up for 1,636 SF
Gross rent
$30.0K $18.36/SF
− Vacancy
−$865 −$0.53/SF
EGI
$29.2K $17.83/SF
− OpEx
−$8.8K −$5.35/SF
NOI
$20.4K $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%
$408,400
Cap Rate 7%
$291,714
Cap Rate 9%
$226,889
Alternative Uses
Best Use
Multifamily LT 5
$291.7K
$255.3K – $340.3K
NOI $20,420 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$269.2K
$235.6K – $314.1K
NOI $18,847 @ 7.0% cap · market cap 5.71%
Theoretical Best
Warehouse
$349.5K
$305.8K – $407.8K
NOI $24,465 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied residences offer separate layouts and laundry facilities within an R2-zoned property.
Where is this duplex located?
The property is located at 457 S Norma St Ridgecrest, CA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Two residences with a combined 1,636 square feet on a 0.43‑acre lot; R2 zoning; Three‑bedroom, one‑bath front unit and two‑bedroom, one‑bath rear unit
