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Tehachapi, CA 93561 21220 Campo Court

$999,000

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Presented By: TINA TUNG LAI with EXP REALTY; 626-823-7133
  • MLS# WS23190496
  • 10/18/2023
  • Request Tour
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  • BedBeds • 8
  • BathBaths • 8
  • FootageSQFT • 5,280

Home Details

This is an amazing opportunity to own these eight-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.
Presented By: TINA TUNG LAI with EXP REALTY; 626-823-7133

Interior Features for 21220 Campo Court

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixCourt
Total Stories2

Other Rooms

Entry Level1

General for 21220 Campo Court

AccessibilityParking
Additional Parcels Y/NNo
AppliancesWaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.75
Carport Spaces6.0
Carport Y/NYes
CityTehachapi
Community FeaturesPark
Construction MaterialsStucco
CoolingCentralAir
CountyKern
Current FinancingConventional
Days on Market166
DirectionsCorner of Campo Ct and Madre St.
ElectricStandard
Electric Expense162.0
Entry LocationFirst Level
Fuel Expense350.0
Garage Spaces0.0
Garage Y/NNo
Gross Income62151.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense4000.0
Interior FeaturesBalcony
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsConventional
Lot Size Square Feet12184.0
MLS AreaTHP - Tehachapi
MobileHomeRemainsYNNo
Net Operating Income62151.0
New ConstructionNo
Number of Units Leased8
Open Parking Spaces10.0
Operating Expense24357.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesSmokeDetectors
Senior Community Y/NNo
SewerSepticTypeUnknown
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameCampo
Tax Lot653
Tenant PaysElectricity, Gas
Total Actual Rent7432.0
Total Units8
Trash Expense1870.0
UtilitiesElectricityConnected, NaturalGasAvailable, WaterConnected
ViewParkGreenbelt
View Y/NYes
Water Sewer Expense1807.0
Waterfront Y/NNo
Year Built1984
Year Built SourceAssessor
ZoningR-3

Exterior for 21220 Campo Court

Building Area Total5280.0
Crops Included Y/NNo
FencingAverageCondition
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPark
Lot Size Acres0.2797
Lot Size Area12184.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesCarport
Road Surface TypePaved
SpaNo
Total Parking16.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $999,000
MLS#WS23190496
List Date 10/18/2023
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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*According to the National Association of Realtors