Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Frontier

Property view
Listing view 2
Listing view 3

125 S Lumill St, 
Ridgecrest, CA 93555

$249,900


6

Beds


3

Baths


5,100

Sq Ft


Multi-Family

Pending

Listed by

Christina Wade

Realty 178

(760) 371-4282

Last updated:

August 12, 2026, 07:53 AM

MLS#

2608748

Source:

CA RAAR

About This Home

125 S Lumill St

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.

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1985

Price Summary

249,900

$49 per Sq. Ft.

MLS #:

2608748

Last Updated:

August 12, 2026, 07:53 AM

Added:

15 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

5,100 Sq. Ft.


Structure

Structure

Building Area:

5,100 Sq. Ft.

Year Built:

1985


Lot

Lot Size (Sq. Ft):

9,147


Finances & Disclosures

Finances

Price:

$249,900

Price per Sq. Ft:

$49 per Sq. Ft.

Source:CA RAAR
The information being provided by Ridgecrest Area Association Of REALTORS® Inc Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Ridgecrest Area Association Of REALTORS® Inc Mls All rights reserved.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.