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Tenant-Occupied Duplex
New
For Sale
$240,000

729 W Atkins, Ridgecrest, CA 93555

Multi Family, Ridgecrest, CA

Property Size1,716 SF
Lot Size0.19 Acres
Price / SF$139.86
Days on Market4

Property Features for 729 W Atkins

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-2
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2
Interior features Ceiling Fans, Window Coverings
Appliances Water Heater- Nat. Gas, Dishwasher, Garbage Disposal, Oven/Range, Refrigerator, Water Heater
Directions 395. South on Sierra View, West on Atkins
Subdivision North West
Standard status Active
APN 418-063-03
Size 1,716 SF
Lot size 0.19 Acres

Additional Details

Tenant in Place Yes

Utilities

Heating system Natural Gas, Forced Air
Cooling system Evaporative Cooling, Gas (Cooling)

Building Details

Year built 1978
Number of units 2
Roof type Composition
Listing Agency: Realty 178
Listed By: Christina Wade · License #01914252
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 6 at 5:06AM
MLS# 2609088

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 1,716-square-foot duplex was built in 1978 and sits on a 0.19-acre lot. The tenant-occupied property is offered in its current condition, with interior access subject to appointment and limited to accepted offers with 48 hours’ notice.

The building has natural-gas forced-air heating and evaporative cooling. Kitchen appliances include a dishwasher, garbage disposal, oven/range, and refrigerator. Zoning is R-2.

Key Highlights

  • Duplex with 1,716 square feet of building area
  • 0.19‑acre lot
  • Built in 1978

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,419
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,380 $428.4K
Cap Rate 7%
$305,986 $306.0K
Cap Rate 9%
$237,989 $238.0K
Market Conditions
NOI Build-Up for 1,716 SF
Gross rent
$31.5K $18.36/SF
− Vacancy
−$907 −$0.53/SF
EGI
$30.6K $17.83/SF
− OpEx
−$9.2K −$5.35/SF
NOI
$21.4K $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%
$428,380
Cap Rate 7%
$305,986
Cap Rate 9%
$237,989

Alternative Uses

Best Use
Multifamily LT 5
$306.0K
$267.7K – $357.0K (±1% cap)
NOI $21,419 @ 7.0% cap · market cap 8.92%
Second Best
Apartment 5plus
$282.4K
$247.1K – $329.5K (±1% cap)
NOI $19,768 @ 7.0% cap · market cap 8.24%
Theoretical Best
Warehouse
$366.6K
$320.8K – $427.7K (±1% cap)
NOI $25,661 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The property includes gas forced-air heating, evaporative cooling, and a kitchen equipped with a dishwasher and range.
Where is this duplex located?
The property is located at 729 W Atkins Ridgecrest, CA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Duplex with 1,716 square feet of building area; 0.19‑acre lot; Built in 1978
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