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Tehachapi, CA 93561 21533 Golden Hills Boulevard

$1,259,000

21533 Golden Hills Boulevard Tehachapi, Ca - Image 121533 Golden Hills Boulevard Tehachapi, Ca - Image 221533 Golden Hills Boulevard Tehachapi, Ca - Image 3
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Presented By: TINA TUNG LAI with EXP REALTY; 626-823-7133
  • MLS# WS23190510
  • 10/18/2023
  • Request Tour
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  • BedBeds • 1
  • BathBaths • 1
  • FootageSQFT • 6,600

Home Details

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.
Presented By: TINA TUNG LAI with EXP REALTY; 626-823-7133

Interior Features for 21533 Golden Hills Boulevard

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 SuffixBoulevard
Total Stories2

Other Rooms

Entry Level1

General for 21533 Golden Hills Boulevard

AccessibilityParking
Additional Parcels Y/NNo
AppliancesWaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.55
Carport Spaces6.0
Carport Y/NYes
CityTehachapi
Community FeaturesPark
Construction MaterialsStucco
CoolingCentralAir
CountyKern
Current FinancingConventional
Days on Market166
DirectionsLocated along Golden Hills Blvd.
ElectricStandard
Electric Expense218.0
Entry LocationFirst Level
Fuel Expense276.0
Garage Spaces0.0
Garage Y/NNo
Gross Income74894.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense5000.0
Interior FeaturesBalcony
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsConventional
Lot Size Square Feet13333.0
MLS AreaTHP - Tehachapi
MobileHomeRemainsYNNo
Net Operating Income74894.0
New ConstructionNo
Number of Units Leased9
Open Parking Spaces10.0
Operating Expense32334.0
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 NameGolden Hills
Tax Lot137
Tenant PaysElectricity, Gas
Total Actual Rent9212.0
Total Units10
Trash Expense1870.0
UtilitiesElectricityConnected, NaturalGasAvailable, WaterConnected
ViewParkGreenbelt
View Y/NYes
Water Sewer Expense2861.0
Waterfront Y/NNo
Year Built1986
Year Built SourceAssessor
ZoningR-3

Exterior for 21533 Golden Hills Boulevard

Building Area Total6600.0
Crops Included Y/NNo
FencingAverageCondition
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPark
Lot Size Acres0.3061
Lot Size Area13333.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters10
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 $1,259,000
MLS#WS23190510
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