Triplex with Renovated
For Sale
$330,000
527 WILSON Ave, Ridgecrest, CA 93555
Multi Family, Ridgecrest, CA
Property Size2,406 SF
Lot Size0.22 Acres
Price / SF$137.16
Days on Market95
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
Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 1, Bathroom 2, Bedroom 3
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
Shingle, Composition
Listing Agency:
Vaughn Realty
Listed By:
Kim Alexander · License #01233118
(760) 446-6561
Added: Jul 30
Changed: Oct 25
Last Checked: Nov 1 at 10:06PM
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.
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Investment Insights
Based on property information with market context.
This triplex includes a house positioned at the front of the property and a duplex set behind a separating fence. The house was recently renovated, while one duplex unit has also received renovations. The duplex exterior has updated stucco and paint, and fencing surrounds the property. Interior finishes include tile, vinyl, and carpet flooring, with wall-furnace heating and evaporative cooling. A natural-gas water heater and oven/range are included. The property sits on 0.22 acres in Ridgecrest, California, with 2,406 square feet of property size. It was built in 1963 and carries zoning designation CODE 0301.
Key Highlights
- Triplex configuration with a front house and rear duplex
- 2,406 square feet on a 0.22‑acre lot
- House recently renovated; one duplex unit also renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,031
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,620
$600.6K
Cap Rate 7%
$429,014
$429.0K
Cap Rate 9%
$333,678
$333.7K
Market Conditions
NOI Build-Up for 2,406 SF
Gross rent
$44.2K $18.36/SF
− Vacancy
−$1.3K −$0.53/SF
EGI
$42.9K $17.83/SF
− OpEx
−$12.9K −$5.35/SF
NOI
$30.0K $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%
$600,620
Cap Rate 7%
$429,014
Cap Rate 9%
$333,678
Alternative Uses
Best Use
Multifamily LT 5
$429.0K
$375.4K – $500.5K
NOI $30,031 @ 7.0% cap · market cap 9.10%
Second Best
Apartment 5plus
$396.0K
$346.5K – $462.0K
NOI $27,717 @ 7.0% cap · market cap 8.40%
Theoretical Best
Warehouse
$514.0K
$449.7K – $599.7K
NOI $35,979 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
645
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?
Triplex - A front residence and rear duplex are separated by fencing across the property.
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 $330,000.
What are key features of this property?
This property features: Triplex configuration with a front house and rear duplex; 2,406 square feet on a 0.22‑acre lot; House recently renovated; one duplex unit also renovated
