640 Commercial Ave, Ridgecrest, CA 93555
MULTI_FAMILY - Ridgecrest, CA
- Added:
- May 11, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 28 at 5:06 am
Property Features for 640 Commercial Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2
- Interior features
- Flooring- Tile, Flooring- Carpet
- Appliances
- Water Heater- Nat. Gas, Dishwasher, Garbage Disposal, Oven/Range, Refrigerator, W/D Hookups
- Standard status
- Active
- APN
- 080-051-38
- Size
- 1,672 SF
- Lot size
- 0.15 Acres
Utilities
- Heating system
- Natural Gas
- Cooling system
- Evaporative Cooling
Building Details
- Year built
- 1976
- Number of units
- 2
- Roof type
- Composition
Listing agent Timothy D. Jacobs License #1468735 (760) 384-0000
Listing office TNT Western Homes Inc. 219 Station Ave, Ridgecrest, CA (760) 384-0000
Listing date May 11, 2026
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.
HighLights
- 1976‑built single‑story duplex on 6,534 sq ft lot at 640 Commercial Ave, Ridgecrest, CA 93555 (R‑2 zoning)
- Approximately 1,675 total sq ft with 2 bedrooms and 1 bathroom layout
- Natural gas heating plus evaporative cooling
- Appliances include dishwasher, garbage disposal, oven/range, refrigerator, and W/D hookups
- Composition roof; flooring includes tile and carpet
- Near Naval Air Weapons Station, with steady tenant demand reported in remarks
Overview
Local 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 | $30.7k | $18.36 |
| − Vacancy | −$884 | −$0.53 |
| EGI | $29.8k | $17.83 |
| − OpEx | −$8.9k | −$5.35 |
| NOI | $20.9k | $12.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ridgecrest
- County
- Kern
- State
- California
- Longitude
- -117.6567812
- Latitude
- 35.6217846
