Tenant-Occupied
729 W Atkins, Ridgecrest, CA 93555
For Sale
New
$240,000
Multi Family, Ridgecrest, CA
Property Size1,716 SF
Lot Size0.19 Acres
Price / SF$139.86
Days on Market7
Property Features for 729 W Atkins
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Appliances
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Roof type
Listing Agency:
Realty 178
(760) 371-4282
Listed By:
Christina Wade · License #01914252
(760) 508-9037
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 9 at 3:06AM
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.
Built in 1978, this tenant-occupied duplex contains 1,716 square feet on a 0.19-acre parcel. Interior features include ceiling fans and window coverings; kitchen appliances include a dishwasher, garbage disposal, oven/range, and refrigerator. The property is offered as-is.
Heating is forced air fueled by natural gas, and cooling is evaporative. The property is zoned R-2.
Heating is forced air fueled by natural gas, and cooling is evaporative. The property is zoned R-2.
Key Highlights
- Tenant‑occupied duplex
- 1,716 square feet of building area
- 0.19‑acre parcel
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
NOI $21,419 @ 7.0% cap · market cap 8.92%
Second Best
Apartment 5plus
$282.4K
$247.1K – $329.5K
NOI $19,768 @ 7.0% cap · market cap 8.24%
Theoretical Best
Warehouse
$366.6K
$320.8K – $427.7K
NOI $25,661 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
350
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
$235,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Kern County, CA
Properties on Market for Duplexes in Kern County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes natural-gas forced-air heat and evaporative cooling.
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: Tenant‑occupied duplex; 1,716 square feet of building area; 0.19‑acre parcel
