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128 W Haloid Ave, Ridgecrest, CA, 93555

6beds
4baths
2,568sqft
$325,000
$127price/sqft
$2,795/moest. monthly cost
$111,800/yrincome needed

About This Home

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.

Getting Around

71
WalkingVery Walkable
0
TransitVery Limited Transit
64
BikeBikeable

Schools

4/10
Faller Elementary SchoolGrades K-51.7 mi
3/10
7/10
Burroughs High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1959

Materials

  • Roof: Composition
  • Construction materials: Lap Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Bungalow
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: See Remarks

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Cooling

  • Cooling features: Wall/Window Unit(s)

Features

  • All Bedrooms Down
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 2,568
  • Total interior livable area: 2,568 sqft

Property

Details

  • Parcel number: 47808215005
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Spa features: None
  • Fencing: Wood
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 0.31 Acres
  • Features: Rectangular Lot

Parking

  • Parking features: None