Sold for $1,125,000

Listing Provided by: eXp Realty of California Inc

Bought with: NONMEMBER MRML

$1,125,000

21533 Golden Hills Blvd, Tehachapi, CA 93561

10beds

10baths

6,600sqft

Multi Family

Built in 1986

-- sqft lot

$887,800 Zestimate^®

$170/sqft

$1,783 Estimated rent

Home value

$887,800

$781,000 - $994,000

$1,783/mo

Zestimate^® history

Owner options

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$1,783/mo

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$1,783/mo

Rent Zestimate^®

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$7,148/mo

Est. payment

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$7,148/mo

Est. payment

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What's special

This is an amazing opportunity to own these ten unit apartment in Tehachapi. The units feature cozy living rooms, spacious kitchens with dining areas, and good size balcony. The building has been recently renovated and is in good condition. Each unit has its own gas and electric meters. The location of this property is perfect for investors who want to benefit from the robust rental market in Tehachapi. The area is one of the most sought-after in the region, with a high quality of life and a low cost of living. The property is close to everything that Tehachapi has to offer, such as schools, shopping centers, restaurants, parks, and highways. Tehachapi is a fast-growing community with a strong economy and a diverse population. The demand for rental units is high and the vacancy rates are low, which means steady income and appreciation for the owner. The whole portfolio has a total of 52 units. Buyer can purchase 8 units, 10 units, 16 units or 20 units or 52 units at a time.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 10

Heating

Central

Cooling

Central Air

Appliances

Included: Water Heater
Laundry: Common Area

Features

Balcony
Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 6,600
Total interior livable area: 6,600 sqft

Property

Parking

Total spaces: 16
Parking features: Carport
Carport spaces: 6
Uncovered spaces: 10

Accessibility

Accessibility features: Parking

Features

Levels: Two
Stories: 2
Entry location: First Level
Pool features: None
Spa features: None
Fencing: Average Condition
Has view: Yes
View description: Park/Greenbelt

Lot

Size: 0.31 Acres
Features: Near Park

Details

Parcel number: 46714311007
Zoning: R-3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stucco
Roof: Composition

Condition

Updated/Remodeled
New construction: No
Year built: 1986

Utilities & green energy

Electric: Standard
Sewer: Septic Type Unknown
Water: Public
Utilities for property: Electricity Connected, Natural Gas Available, Water Connected

Community & neighborhood

Security

Security features: Smoke Detector(s)

Community

Community features: Park

Location

Region: Tehachapi

HOA & financial

Other financial information

Total actual rent: 9212

Other

Other facts

Listing terms: Conventional
Road surface type: Paved

Price history

Date	Event	Price
6/17/2024	Sold	$1,125,000-10.6%$170/sqft
Source: CRMLS #WS23190510 Report a problem
5/30/2024	Pending sale	$1,259,000$191/sqft
Source: CRMLS #WS23190510 Report a problem
1/8/2024	Listed for sale	$1,259,000$191/sqft
Source: CRMLS #WS23190510 Report a problem