128 W HaloidRidgecrest, CA 93555

Description

THIS FOUR ON A LOT PROPERTY IS ON AUTO-PILOT, MGMNT CO HANDLES EVERYTHING. Exceptional multi-unit investment opportunity in the heart of Ridgecrest! This Four on a lot offers four individual homes on a 13,504 sq ft lot, totaling 2,568 sq ft of living space. Each home provides comfortable layouts with strong rental demand and low turnover in a stable desert community. Front homes are 2/1, rear homes 1/1 . Built in 1959, the property has stood the test of time and continues to perform with consistent occupancy and a 6.8% annual ROI. Tenants enjoy ample off-street parking, and convenient proximity to shopping, dining, and the Naval Air Weapons Station China Lake. Perfect for investors seeking reliable income with minimal management headaches. A local property management company oversees day-to-day operations, making this a turnkey asset with dependable cash flow and future upside potential. With a mix of strong market rents and steady demand from the Ridgecrest workforce, this property is ideal for anyone looking to grow or diversify their portfolio in a high-yield, low-maintenance market.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Style

Bungalow

Year built

1959

Stories

1

Building area

2,568 Sq Ft

Lot size

0.31 acres

Days on market

104

MLS^® Listing#

CV26137691

Property Features

Cooling

Wall/Window Unit(s)

Fireplace

None

Pool

None

Parking

None

Laundry

See Remarks

Fencing

Wood

Lot features

Rectangular Lot

Construction

Lap Siding

Roof

Composition

Community

Street Lights

Utilities

Electricity Connected · Natural Gas Connected · Sewer Connected · Water Connected

Sewer

Public Sewer

Water source

Public

Parcel number

47808215005

Directions

OFF 395 HWY ABOUT 1 HR NORTH OF ADELANTO