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Residential > Multi-family
Active
4 weeks ago
List Price
$770,000$212/ft²

21411 Golden Hills Blvd
Tehachapi, CA 93561

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  • Malobo BannerMalobo Banner Square
    21411 Golden Hills Blvd, Tehachapi, CA 93561 is a 9 bed, 5 bath, 3,632 ft² multi-family home house built in 1992 on a 0.250 acre lot with 1 construction permit. This multi-family home is currently for sale for $770,000, and it was last sold in 2015 for $262,500.

    MLS Description

    The listing agent's description. Original Listing

    $770,000 | 4 Units + Garages + Laundry | Prime Golden Hills Investment Opportunity21411 Golden Hills Blvd, Tehachapi, CA 93561Welcome to a solid, income-producing fourplex located in the desirable Golden Hills neighborhood of Tehachapi. Each of the four 2-bedroom, 1-bath units is thoughtfully laid out and includes its own 1-car detached garage, a private laundry closet with washer/dryer hookups, and access to ample street parkinga rare and highly attractive feature for both tenants and investors.This property is located just off Tucker Road, with quick access to schools, shopping, and Hwy 58making it ideal for both long-term tenants and owner-investors.💰 Rental Income Snapshot:Unit 1: $1,060Unit 2: $1,400Unit 3: $1,190Unit 4: $1,360Total Current Rent: $5,010/month | $60,120/yearMarket Rent Potential: $1,400-$1,600 per unitAt $1,400: $5,600/month | $67,200/yearAt $1,500: $6,000/month | $72,000/yearAt $1,600: $6,400/month | $76,800/year📈 Investor Highlights:Price: $770,000GRM (Current): ~12.8GRM (Pro Forma at $1,600/unit): ~10.0Estimated Cap Rate (Current w/ 30% expenses): ~4.5%Estimated Cap Rate (Pro Forma at market rents): ~6.2%+Separately metered utilities (except water)Stable tenant base with room to increase rentsLight cosmetic updates could unlock full market potentialThis is an ideal acquisition for investors seeking steady income with value-add upside, whether for a 1031 exchange or long-term portfolio growth.🏡 Property Features:Four 2 bed / 1 bath unitsPrivate 1-car detached garage per unitIn-unit laundry closets with washer/dryer hookupsStreet parking available for tenants and guestsSpacious layouts with natural lightWalkable to schools and close to parks, shopping, and downtownProfessionally managed (optional to continue)Properties like this with solid income, upside potential, and highly desirable tenant featuresdon't last long in the Golden Hills area. Shown by appointment only.

    Listing Agents

    The listing agent for 21411 Golden Hills Blvd is Lola Traylor.

    Permits

    21411 Golden Hills Blvd has 1 permit records.

    Permit History
    1
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    21411 Golden Hills Blvd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 21411 Golden Hills Blvd

    School Information

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    Neighborhood

    This property is located in Golden Hills.

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    Copyright © 2025 Tehachapi Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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