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    Ridgecrest Triplex: Income Potential Title is generated by Realmo AI

    915 W Dolphin Ave, Ridgecrest, CA 93555

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    Claim this Listing
    Pending
    $560,000

    MULTI_FAMILY - Ridgecrest, CA

    Property size:
    2,580 SF
    Lot size:
    0.19 Acres
    Added:
    May 11, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 28 at 2:06 am

    Property Features for 915 W Dolphin Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    R-3
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 1
    Interior features
    Flooring- Laminate
    Appliances
    Water Heater- Nat. Gas, Dishwasher, Garbage Disposal, Oven/Range, Refrigerator, W/D Hookups, Washer & Dryer
    Standard status
    Pending
    APN
    081-101-16
    Size
    2,580 SF
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Natural Gas, Solar (Heating)
    Cooling system
    Other (Cooling), Central Air

    Building Details

    Year built
    2025
    Number of units
    3
    Roof type
    Composition, Shingle

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    Contact an agent
    Desire Serna

    Listing agent Desire Serna License #02256045

    Listing office Coldwell Banker Frontier 710 N China Lake Blvd., Ridgecrest, CA

    Listing date May 11, 2026

    MLS# 2608420 Listing URL

    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

    • Property under construction with 2025 build year
    • Each unit built in 2025 features solar‑powered heating
    • Units offer 2 bedrooms and 1 bathroom with open living areas
    • Solar‑powered, natural gas heating plus central air cooling
    • In‑unit appliances include dishwasher, garbage disposal, oven/range, and refrigerator
    • Washer and dryer hookups provided; washer & dryer included in each unit

    Overview

    This multi-family property, located in Ridgecrest, CA, presents an excellent investment opportunity with strong income potential in Ridgecrest Heights. Constructed in 2025, the property features modern, energy-efficient units designed for low-maintenance living. Each of the three units includes two bedrooms and one bathroom, complemented by open living areas. The property size is 2580 square feet, situated on a lot of approximately 0.19 acres. Each unit is equipped with its own washer and dryer. The property benefits from solar power. The zoning is R-3.

    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 $47.4k $18.36
    − Vacancy −$1.4k −$0.53
    EGI $46.0k $17.83
    − OpEx −$13.8k −$5.35
    NOI $32.2k $12.48
    2,580 SF · lease $18.36/SF/yr · vacancy 2.88% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $460.0K
    $402.5K – $536.7K (±1% cap)
    NOI $32,203 @ 7.0% cap · market cap 5.75%
    Second Best
    Apartment 5plus
    $424.6K
    $371.5K – $495.4K (±1% cap)
    NOI $29,722 @ 7.0% cap · market cap 5.31%
    Theoretical Best
    Warehouse
    $551.2K
    $482.3K – $643.0K (±1% cap)
    NOI $38,581 @ 7.0% cap · market cap 6.89%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Gym & Fitness Center Auto Repair Shop Pharmacy Accounting Firm Bar & Pub Grocery & Convenience Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ridgecrest
    County
    Kern
    State
    California
    Longitude
    -117.6890413
    Latitude
    35.6003475

    FAQs

    What type of property is this?
    Triplex - Modern triplex in Ridgecrest Heights with strong income potential.
    Where is this triplex located?
    The property is located at 915 W Dolphin Ave Ridgecrest, CA.
    What is the asking price?
    The asking price for this property is $560,000.
    What are key features of this property?
    This property features: Property under construction with 2025 build year; Each unit built in 2025 features solar‑powered heating; Units offer 2 bedrooms and 1 bathroom with open living areas
    More about this property
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