Updated
737 Commercial, Ridgecrest, CA 93555
For Sale
$209,000
Multi Family, Ridgecrest, CA
Property Size1,440 SF
Lot Size0.16 Acres
Price / SF$145.14
Days on Market40
Property Features for 737 Commercial
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Appliances
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Roof type
Listing Agency:
TNT Western Homes Inc.
Listed By:
Timothy D. Jacobs · License #1468735
(760) 384-0000
Added: Oct 1
Changed: Nov 8
Last Checked: Nov 9 at 4:06AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex, built in 1959, contains 1,440 square feet across two units. Both units have new flooring and paint, and the roof is less than 3 years old. The property also includes a gas water heater, oven/range, refrigerator, and washer and dryer hookups.
The parcel covers 0.16 acres and is zoned R-1. Heating is provided by wall furnaces, with evaporative cooling.
The parcel covers 0.16 acres and is zoned R-1. Heating is provided by wall furnaces, with evaporative cooling.
Key Highlights
- Two‑unit duplex with 1,440 square feet of building area
- 0.16‑acre parcel zoned R‑1
- 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.
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
111
Businesses Nearby
Explore this area
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
$235,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - Two dwellings offer 1,440 square feet of combined space on a 0.16-acre parcel.
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 duplex with 1,440 square feet of building area; 0.16‑acre parcel zoned R‑1; Roof is less than 3 years old
