125 S Lumill St, Ridgecrest, CA, 93555
About This Home
125 S Lumill - Triplex for sale. Three units, one parcel, $250,000. At $2,363 in monthly scheduled rent ($28,356 annually) this triplex carries an 8.82 gross rent multiplier and roughly a 6.5% cap rate at in-place rents, the strongest income ratio in the current four-property offering. At about $83,000 per unit, the entry price puts three doors within reach of cash buyers, retirement account purchasers, and single-family rental owners looking to diversify into small multifamily. The property is currently under professional management, with rent roll and expense detail available on request. Ridgecrest rental demand is anchored by China Lake NAWS and the surrounding employment base, with multifamily inventory under half a month of supply and a 99.5% list-to-sale ratio over the trailing twelve months. Suited to 1031 exchange buyers and investors adding scale in a market with limited available inventory. Available on its own or as part of a four-property, twelve-unit package. Buyer to verify all income, expense, square footage, and unit count information.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1985
Materials
- Foundation: Slab on Grade
- Roof: Composition
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Triplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater,Dishwasher,Disposal,Oven/Range,Refrigerator
- Laundry features: Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
Features
- Ceiling Fan(s),Fireplace
- Window features: Window Coverings
- Flooring: Vinyl,Carpet
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air-Gas
- Cooling features: Evaporative
Interior Area
- Total structure area: 5,100
- Total interior livable area: 5,100 sqft
Property
Details
- Parcel number: 34323020
- Zoning description: R3
Features
- Pool features: No-Pool
Lot
- Lot size: 9,147 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Kern County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,263 | $15,156 |
| Home Insurance * | $109 | $1,308 |
| Property Taxes | $375 | $4,500 |
| Electricity | $1,093 | $13,123 |
| Total | $2,840 | $34,080 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-09 | Pending sale | $249,900 |
| 2026-08-01 | Listed for sale | $249,900 |
| 2021-03-24 | Listing removed | -- |
| 2018-10-04 | Listing removed | $700 |
| 2018-09-24 | Listed for rent | $700 |
| 2018-04-17 | Sold | $220,000 |
| 2018-02-06 | Pending sale | $220,000 |
| 2018-02-06 | Listed for sale | $220,000 |
| 2017-12-13 | Listing removed | $220,000 |
| 2017-10-20 | Pending sale | $220,000 |
| 2017-10-20 | Listed for sale | $220,000 |
View on Zillow