125 South Lumill Street

Closed 9/3/26
Closed 9/3/26
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Sold
Last Sold Price
$276,000
6 beds3 baths5,100 sqft$54/sqft
125 S Lumill St, Ridgecrest, CA 93555
Multi FamilyProperty Type
9,147 sq ftLot Size
1985Year Built
$54/sq ftPrice per sq ft

Description

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,...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.
  • Listed by: Christina Wade 760.371.4282 chrissy@realty178.com DRE #01914252 Brokerage DRE #01914252 • Realty 178
Listing closed: 09/03/2026 12:00 AM • Source: Southern Sierra MLS, MLS#: 2608748
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$1,768 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,403

Property Taxes

$365

HOA Dues

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Property Information for 125 South Lumill Street

Property Details
  • MLS Type: Residential Income / Triplex
  • County: Kern County
  • Zoning: R3
  • Zoning Description: R3
Building Information
  • Residences: 3
  • Year Built: 1985
  • Lot Size: 0.21 AC / 9,147 SF
Summary
Location and General Information
  • Carrier Route: C003
  • Directions: China Lake. East on Ridgecrest Blvd. South on Lumill. Property will be on the right.
  • Latitude: 35.621523
  • Longitude: -117.643615
Taxes and HOA
  • Parcel Number: 343-230-20
Property
Lot Information
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
Property and Assessments
  • Living Area: 5100.0
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Year Built: 1985
Building Features
  • Construction Materials: Stucco
  • Foundation Details: Slab
  • Roof: Composition
Farm Information
  • Horse: No
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Disposal, Range, Oven, Refrigerator, Gas Water Heater
  • Total Bedrooms: 6
  • Cooling: Ceiling Fan(s)
  • Has Cooling: Yes
  • Has Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Heating: Forced Air
  • Has Heating: Yes
  • Has Spa: No
  • Water Heater: Gas
  • Window Features: Window Coverings
Multi Family
Multi Family Information
  • Number Of Units Total: 3

Property History for 125 South Lumill Street

DateEvent & SourcePriceAppreciation
Sep 3, 2026

Sold

Southern Sierra MLS #2608748

$276,000—
Aug 9, 2026

Pending

Southern Sierra MLS #2608748

—
Jul 28, 2026

Listed (Active)

Southern Sierra MLS #2608748

$249,900—
DateEvent & SourcePrice
09/03/2026

Sold

Southern Sierra MLS #2608748

$276,000
08/09/2026

Pending

Southern Sierra MLS #2608748

—
07/28/2026

Listed (Active)

Southern Sierra MLS #2608748

$249,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 125 South Lumill Street

Taxable ValueLand$22,754Additions$227,563Total$250,317
Tax Record2025$4,385 ($365 / month)
Home Facts
Baths1Total Finished SqFt2,550 SqFtAbove Grade Finished SqFt2,550 SqFtStories1Lot Size9,232 SqFtStyleTriplexYear Built1985Year Renovated1985CountyKERNAPN343-230-20-00-5

Schools near 125 South Lumill Street

This home is within Sierra Sands Unified School District.
Rating
School
Type
Grades
Distance
Gateway Elementary School
Public - K to 5
Murray Middle School
Public - 6 to 8
Burroughs High School
Public - 9 to 12
Vieweg STEM Academy
Public - K to 8
Rating
School
Distance
Gateway Elementary School
PublicK to 5

Murray Middle School
Public6 to 8

Burroughs High School
Public9 to 12

Vieweg STEM Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty 178

Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.