Thoughts on Ridgecrest, CA

[Payman A.]

Hi gang, hope everyone is keeping well/safe.

I have an opportunity to buy my first rental triplex in CA (even though I had been avoided owning here mainly because of tenant friendly regulations).  This property is in Ridgecrest (close to the 178 and S. Gateway Blvd) with fully updated 2/1 units at about 800sf and a carport each.  I've only been active out of state and have never even been to Ridgecrest (though I like Kern county and it's apparently a beloved city there).  Accordingly, I was wondering if anyone here has thoughts/advice about the area and it's future and if any locals (or already invested members) would have an estimate as to how much rent described units should fetch?

Thanks!

[Payman A.]

Originally posted by @Will Chung:

Currently working in Ridgecrest, CA and thought about investing here myself. The numbers don't really work that well on most. A lot of the businesses are closing down due to covid. Basically relying on the military base. The area you are looking is decent and close to a base entry point. However 2/1 with no garage usually runs about 550-700/month. If totally remodeled, you may be able to get 800-850. The ideal area is the NW of Ridgecrest. 

Thanks Will.  Nothing beats living in an area when assessing it.  Based on my conversations so far (with PMs), I am hoping to count on the $900 range for a fully renovated 2/1 unit + carport.  I know the NW region brings in more than that and apparently, so would furnished units.  I would likely proceed if I feel confident about that $900 target PLUS the notion that Ridgecrest is now past the point of no return as far as infrastructure, amenities, stability, etc... so it doesn't start to regress or pull a Salton Sea scenario.