Triplex with Renovated
New
For Sale
$380,000
527 WILSON Ave, Ridgecrest, CA 93555
MULTI_FAMILY - Ridgecrest, CA
Property Size2,406 SF
Lot Size0.22 Acres
Price / SF$157.94
Days on Market4
Property Features for 527 WILSON Ave
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
CODE 0301
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 7, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 6
Interior features
Fixtures, Flooring- Tile, Flooring- Vinyl, Flooring- Carpet
Appliances
Water Heater- Nat. Gas, Oven/Range, Water Heater
Lot features
Storage Shed
Directions
SOUTH ON NORMA LEFT TURN ON TO WILSON.
Subdivision
South West
Standard status
Active
APN
477-060-31
Size
2,406 SF
Lot size
0.22 Acres
Utilities
Heating system
Wall Furnace
Cooling system
Evaporative Cooling
Building Details
Year built
1963
Number of units
3
Roof type
Composition, Shingle
Listing Agency:
Vaughn Realty
(760) 446-6561
Listed By:
Kim Alexander · License #01233118
(760) 446-6561
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 2 at 6:06AM
MLS# 2608743
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 triplex setup features a house positioned in front of the property and a duplex at the rear, separated by a fence. The exterior has recently been refreshed with new fencing around the property, and the duplex has new stucco and paint. One of the duplex units has been renovated, and the front house was recently renovated as well.
The property sits on a very large lot and includes interior features such as tile, vinyl, and carpet flooring, along with fixtures. Heating is provided by wall furnaces, and cooling is evaporative cooling. The roof is composition shingle, and the property was built in 1963.
Zoned CODE 0301, this layout can support an investor or operator looking for multiple separate living spaces within one fenced-in property arrangement.
The property sits on a very large lot and includes interior features such as tile, vinyl, and carpet flooring, along with fixtures. Heating is provided by wall furnaces, and cooling is evaporative cooling. The roof is composition shingle, and the property was built in 1963.
Zoned CODE 0301, this layout can support an investor or operator looking for multiple separate living spaces within one fenced-in property arrangement.
Key Highlights
- 0.22‑acre lot for a front house plus rear duplex layout
- Front house with rear duplex separated by fencing
- New fencing around the property
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 | $44.2k | $18.36 |
| − Vacancy | −$1.3k | −$0.53 |
| EGI | $42.9k | $17.83 |
| − OpEx | −$12.9k | −$5.35 |
| NOI | $30.0k | $12.48 |
2,406 SF · lease $18.36/SF/yr · vacancy 2.88% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$429.0K
$375.4K – $500.5K
NOI $30,031 @ 7.0% cap · market cap 7.90%
Second Best
Apartment 5plus
$396.0K
$346.5K – $462.0K
NOI $27,717 @ 7.0% cap · market cap 7.29%
Theoretical Best
Warehouse
$514.0K
$449.7K – $599.7K
NOI $35,979 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
679
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex with a front house and rear duplex separated by fencing, including newly updated exterior and renovated unit interiors.
Where is this triplex located?
The property is located at 527 WILSON Ave Ridgecrest, CA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 0.22‑acre lot for a front house plus rear duplex layout; Front house with rear duplex separated by fencing; New fencing around the property
