Duplex with Recent
For Sale
$209,000
737 Commercial, Ridgecrest, CA 93555
Multi Family, Ridgecrest, CA
Property Size1,440 SF
Lot Size0.16 Acres
Price / SF$145.14
Days on Market19
Property Features for 737 Commercial
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
Interior features
Flooring- Vinyl, Flooring- Carpet
Appliances
Water Heater- Nat. Gas, Oven/Range, Refrigerator, W/D Hookups, Water Heater
Lot features
Sidewalks, View of Mountains
Directions
Sunland to commercial
Subdivision
South East
Standard status
Active
APN
080-062-03
Size
1,440 SF
Lot size
0.16 Acres
Utilities
Heating system
Wall Furnace
Cooling system
Evaporative Cooling
Building Details
Year built
1959
Number of units
2
Roof type
Composition
Listing Agency:
TNT Western Homes Inc.
Listed By:
Timothy D. Jacobs · License #1468735
(760) 384-0000
Added: Oct 1
Changed: Oct 19
Last Checked: Oct 19 at 11:06PM
MLS# 2608985
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 1,440-square-foot duplex, built in 1959, contains two units on a 0.16-acre parcel. Both residences have new flooring, and the property has a composition roof installed less than 3 years ago. The listed interior features include vinyl and carpet flooring, with a wall furnace for heat and evaporative cooling. Appliances include a natural-gas water heater, an oven/range, and a refrigerator; washer and dryer hookups are also present.
The property is zoned R-1 and is located in Ridgecrest, Kern County. Room information lists four bedrooms and two bathrooms.
The property is zoned R-1 and is located in Ridgecrest, Kern County. Room information lists four bedrooms and two bathrooms.
Key Highlights
- Two‑unit property with 1,440 square feet of building area
- 0.16‑acre parcel zoned R‑1
- Composition roof is less than 3 years old
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,974
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,480
$359.5K
Cap Rate 7%
$256,771
$256.8K
Cap Rate 9%
$199,711
$199.7K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$26.4K $18.36/SF
− Vacancy
−$761 −$0.53/SF
EGI
$25.7K $17.83/SF
− OpEx
−$7.7K −$5.35/SF
NOI
$18.0K $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%
$359,480
Cap Rate 7%
$256,771
Cap Rate 9%
$199,711
Alternative Uses
Best Use
Multifamily LT 5
$256.8K
$224.7K – $299.6K
NOI $17,974 @ 7.0% cap · market cap 8.60%
Second Best
Apartment 5plus
$237.0K
$207.4K – $276.5K
NOI $16,589 @ 7.0% cap · market cap 7.94%
Theoretical Best
Warehouse
$307.6K
$269.2K – $358.9K
NOI $21,534 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
111
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The two-unit property includes fresh interior paint and updated flooring in both residences.
Where is this duplex located?
The property is located at 737 Commercial Ridgecrest, CA.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: Two‑unit property with 1,440 square feet of building area; 0.16‑acre parcel zoned R‑1; Composition roof is less than 3 years old
