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    Ridgecrest, CA Multifamily Properties for Sale

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    Ridgecrest Income-Producing Duplex For Sale
    Updated: May 11
    Ridgecrest Income-Producing Duplex For Sale

    640 Commercial Ave, Ridgecrest, CA 93555

    $249,000
    1,672 sqft 0.15 AC lot
    1976‑built single‑story duplex on 6,534 sq ft lot at 640 Commercial Ave, Ridgecrest, CA 93555 (R‑2 zoning)
    Approximately 1,675 total sq ft with 2 bedrooms and 1 bathroom layout
    Natural gas heating plus evaporative cooling
    Appliances include dishwasher, garbage disposal, oven/range, refrigerator, and W/D hookups
    Composition roof; flooring includes tile and carpet
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    This listing looks promising.

    Here's a quick look at some key insights for

    640 Commercial Ave, Ridgecrest, CA 93555

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $298K
      Above asking

    • Property Type

      Duplex
      Built 1976
    View Property Analytics
    Remodeled Duplex in Ridgecrest, CA
    Updated: May 26
    Remodeled Duplex in Ridgecrest, CA

    217 S Richmond Rd, Ridgecrest, CA 93555

    $319,000
    1,680 sqft 0.14 AC lot
    Remodeled duplex built in 1981 with two spacious 2BR/1BA units
    Each unit includes a fireplace and built‑in cabinetry, plus refrigerator and washer/dryer hookups
    Tenant‑occupied unit provides immediate rental income; second unit is furnished and operating as an Airbnb
    Attached 2‑car garages between the units with auto roll‑up garage doors for added privacy
    Forced‑air natural gas heating with evaporative cooling
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    Duplex with Indoor Laundry Rooms
    Duplex with Indoor Laundry Rooms

    736 Commercial, Ridgecrest, CA 93555

    $199,950
    1,802 sqft 0.15 AC lot

    Two-unit duplex offers indoor laundry with extra storage and back patios, with one unit updated and the other vacated.

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    Fixer-Upper Duplex Investment
    Fixer-Upper Duplex Investment

    321 S Richmond, Ridgecrest, CA 93555

    $149,900

    Two 2-bedroom, 1-bath units sold as-is, suited for investors or contractors ready for renovation work.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Ridgecrest, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    California City Multifamily Investment
    California City Multifamily Investment

    9231 N Loop, California City, CA 93505

    $420,000
    3,555 sqft 0.28 AC lot

    Two duplexes near city hall and clinics.

    View details
    New Duplex Investment Opportunity
    New Duplex Investment Opportunity

    21511 Lyn Street, California City, CA 93505

    $384,900
    1,700 sqft 0.30 AC lot

    New construction duplex with modern upgrades, ideal for rental income.

    View details
    36-Unit Multifamily Investment Opportunity
    36-Unit Multifamily Investment Opportunity

    83298 Argus Avenue, Trona, CA 93562

    $648,000
    21,660 sqft 3.00 AC lot

    Multifamily complex with renovation potential in Trona, California.

    View details
    Mobile Home and RV Park Land
    Mobile Home and RV Park Land

    81898 Trona Rd, Trona, CA 93562

    $299,000
    24.70 AC lot

    Large pad-entitled property near Death Valley that offers direct utility metering to support tenant use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ridgecrest Land with Mountain Views
    Ridgecrest Land with Mountain Views

    S Brady St, Ridgecrest, CA 93555

    $40,000
    2.52 AC lot

    2.5-acre lot with utilities and mountain views in Ridgecrest.

    View details
    Ridgecrest Buildable Land Parcel
    Ridgecrest Buildable Land Parcel

    Strecker Street, Ridgecrest, CA 93555

    Contact for pricing
    1.07 AC lot

    One acre parcel in Ridgecrest, CA, ready for development.

    View details
    California City Land Parcel
    California City Land Parcel

    S Of George Blvd, California City, CA 93505

    Contact for pricing
    2.50 AC lot

    2.5-acre land parcel perfect for investment or recreation.

    View details
    Mojave Land For Sale
    Mojave Land For Sale

    Gallardia Ave And Isabella Boulevard, Mojave, CA 93501

    Contact for pricing
    2.52 AC lot

    2.52 acres of land in Mojave, California.

    View details

    Off-Market Properties in Ridgecrest, CA

    Consider similar Off-Market properties in Ridgecrest, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    963 Frst Knl St Spc A
    MOBILE HOME PARK, TRAILER PARK

    963 Frst Knl St Spc A, Ridgecrest, CA 93555-8072

    Value Estimation by Request
    1.27 AC lot
    View details
    415 Warner St
    APARTMENT HOUSE (5+ UNITS)

    415 Warner St, Ridgecrest, CA 93555-4690

    Value Estimation by Request
    2,325 sqft 0.33 AC lot
    View details
    200 Moyer St
    MOBILE HOME PARK, TRAILER PARK

    200 Moyer St, Ridgecrest, CA 93555-2637

    $565,000
    Estimated value
    7.20 AC lot
    View details
    501 Ridgecrest Blvd
    APARTMENT HOUSE (5+ UNITS)

    501 Ridgecrest Blvd, Ridgecrest, CA 93555-3958

    Value Estimation by Request
    5,626 sqft 0.09 AC lot
    View details
    509 Inyokern Rd
    APARTMENT HOUSE (5+ UNITS)

    509 Inyokern Rd, Ridgecrest, CA 93555-2545

    $750,000
    Estimated value
    4,432 sqft 0.28 AC lot
    View details
    426 Moyer St
    APARTMENT HOUSE (5+ UNITS)

    426 Moyer St, Ridgecrest, CA 93555-2558

    Value Estimation by Request
    3,125 sqft 0.27 AC lot
    View details
    425 Rick Ct
    APARTMENT HOUSE (5+ UNITS)

    425 Rick Ct, Ridgecrest, CA 93555-4948

    Value Estimation by Request
    6,100 sqft 0.69 AC lot
    View details
    714 Sanders St
    APARTMENT HOUSE (5+ UNITS)

    714 Sanders St, Ridgecrest, CA 93555-3537

    $2,160,000
    Estimated value
    23,200 sqft 0.83 AC lot
    View details
    4423 Johnston Ave
    APARTMENT HOUSE (5+ UNITS)

    4423 Johnston Ave, Ridgecrest, CA 93555-8356

    $555,000
    Estimated value
    5,811 sqft 0.69 AC lot
    View details
    800 Norma St
    APARTMENT HOUSE (5+ UNITS)

    800 Norma St, Ridgecrest, CA 93555-4940

    $6,820,000
    Estimated value
    55,228 sqft 5.44 AC lot
    View details
    121 Gtwy Blvd
    APARTMENT HOUSE (5+ UNITS)

    121 Gtwy Blvd, Ridgecrest, CA 93555-5800

    $5,035,000
    Estimated value
    59,832 sqft 3.99 AC lot
    View details
    1599 Norma St
    MOBILE HOME PARK, TRAILER PARK

    1599 Norma St, Ridgecrest, CA 93555-2535

    $3,635,000
    Estimated value
    900 sqft 8.40 AC lot
    View details
    200 Upjohn Ave
    MOBILE HOME PARK, TRAILER PARK

    200 Upjohn Ave, Ridgecrest, CA 93555-5022

    Value Estimation by Request
    671 sqft 0.31 AC lot
    View details
    725 Ridgecrest Blvd
    APARTMENT HOUSE (5+ UNITS)

    725 Ridgecrest Blvd, Ridgecrest, CA 93555-4020

    Value Estimation by Request
    3,930 sqft 0.14 AC lot
    View details
    312 Sunset St
    APARTMENT HOUSE (5+ UNITS)

    312 Sunset St, Ridgecrest, CA 93555-4521

    $535,000
    Estimated value
    4,233 sqft 0.43 AC lot
    View details
    818 Fairview St
    APARTMENT HOUSE (5+ UNITS)

    818 Fairview St, Ridgecrest, CA 93555-3519

    $870,000
    Estimated value
    7,488 sqft 0.63 AC lot
    View details
    806 Fairview St
    APARTMENT HOUSE (5+ UNITS)

    806 Fairview St, Ridgecrest, CA 93555-3519

    $590,000
    Estimated value
    4,608 sqft 0.39 AC lot
    View details
    525 Ridgecrest Blvd
    APARTMENT HOUSE (5+ UNITS)

    525 Ridgecrest Blvd, Ridgecrest, CA 93555-3900

    $705,000
    Estimated value
    7,816 sqft 0.07 AC lot
    View details
    617 Ridgecrest Blvd
    APARTMENT HOUSE (5+ UNITS)

    617 Ridgecrest Blvd, Ridgecrest, CA 93555-3963

    $725,000
    Estimated value
    6,730 sqft 0.23 AC lot
    View details
    629 Ridgecrest Blvd
    APARTMENT HOUSE (5+ UNITS)

    629 Ridgecrest Blvd, Ridgecrest, CA 93555-3998

    $605,000
    Estimated value
    12,120 sqft 0.42 AC lot
    View details

    Ridgecrest, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Ridgecrest, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,154 square feet of properties for sale, with an estimated market value of $767,950.

    Sale prices for multifamily properties in Ridgecrest, CA start at $199,950, averaging $255,983, and reaching up to $319,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 5
    Quadplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 34K
    Population Growth (5Y) -0.3%
    Median Household Income $84,141
    College Educated 20.3%

    High-Yield Neighborhoods for Investment

    Identify Ridgecrest submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93555 $290.4K

    Taxes & Financing

    Tax Rate (average for all types) 1.05%
    Property Tax per SF $20.81 per SF
    Tax Rate vs County Average 0.15 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kern County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kern County

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