21509 Golden Hills Boulevard

Tehachapi, CA 93561

$999,000
Price
8
Beds
8
Baths
5,280 Sq. Ft.
$189 / Sq. Ft.
5,280
Sq. Ft.
$189
per Sq. Ft.

Description

This is an amazing opportunity to own these 8 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...This is an amazing opportunity to own these 8 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.
  1. Listed by TINA TUNG LAI • DRE #01855640 • Brokerage DRE #01878277 • EXP REALTY • 626-823-7133

Property Details for 21509 Golden Hills Boulevard

View
Park/Greenbelt
Parking Spaces Total
16
Private Pool
No
Total Units
8.0
Lot Size Source
Assessor
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No

Location

Listing Courtesy of EXP REALTY
Add your commute
LISTING UPDATED: 04/29/2024 06:01 AM

Property Details for 21509 Golden Hills Boulevard

StatusActive
MLS #WS23190502
Days on Market169
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1991
Lot Size0.24 AC / 10,630 SF
CountyKern County

Location

Listing Courtesy of EXP REALTY
Add your commute

Building Information for 21509 Golden Hills Boulevard

Stories2Residences-Year Built1991Building Size-Lot Size0.24 AC / 10,630 SF

Payment Calculator

$6,420 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,452

Property Taxes

$968

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 21509 Golden Hills Boulevard

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $50,473
  • Gross Scheduled Income: $87,372
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $84,751
  • Net Operating Income: $50,474
  • Cap Rate: 4.67
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $34,277
  • Gardener Expense: $1,800
  • Fuel Expense: $255
  • Electric Expense: $208
  • Insurance Expense: $4,000
  • Professional Management Expense: $6,990
  • Trash Expense: $1,870
  • Water Sewer Expense: $1,781
  • Total Expenses: $34,278
Tax / Assessment Info
  • Tax Tract Number: 3230
  • Tax Census Tract: 60.03
  • Tax Lot: 512
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Park
Property / Structure Info
Interior Features
  • Appliances: Water Heater
  • Interior Features: Living Room Balcony
  • Laundry: Yes
  • Laundry Features: Community
  • Fireplace Features: Living Room
  • Cooling: Central Air
  • Heating: Central
Exterior Features
  • Security Features: Smoke Detector(s)
  • Construction Materials: Stucco
  • Roof: Composition
  • Entry Location: First Level
  • Fence: Yes
  • Fencing: Average Condition
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Park Nearby
  • Land Lease: No
  • Road Surface Type: Paved
  • Levels: Two
  • Sewer: Septic Type Unknown
  • Utilities: Electricity Connected, Natural Gas Available, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Uncovered Spaces: 8
  • Carport Spaces: 8
  • Parking Features: Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $753
  • Unit Type Total Rent: $753
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $975
  • Unit Type Total Rent: $975
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $950
  • Unit Type Total Rent: $950
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $803
  • Unit Type Total Rent: $803
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $950
  • Unit Type Total Rent: $950
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $950
  • Unit Type Total Rent: $950
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 7
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 21509 Golden Hills Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 21509 Golden Hills Boulevard

Taxable ValueLand$50,000Additions$870,000Total$920,000
Tax Record2023$11,614 ($968 / month)
Home Facts
Total Finished SqFt5,280 SqFtAbove Grade Finished SqFt5,280 SqFtStories2Lot Size10,454 SqFtStyleMulti-Family Res (5+ Units)Year Built1991ZoningR-3CountyKERNAPN468-131-02-00-1

Schools near 21509 Golden Hills Boulevard

This home is within Tehachapi Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Golden Hills Elementary School
PublicK to 5

Jacobsen Middle School
Public6 to 8

Tehachapi High School
Public9 to 12

Monroe High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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21509 Golden Hills Boulevard is a multi-family home for sale in Tehachapi, CA 93561. This property was listed for sale on October 18, 2023 by EXP REALTY, it's currently listed at $999,000. It has been on the market for a total of 169 days and was last sold on October 24, 2007. This listing's school district is Tehachapi Unified School District. Nearby schools include Golden Hills Elementary School, Jacobsen Middle School and Tehachapi High School. 21509 Golden Hills Boulevard is a 8-bed, 8-bath, 5,280 sqft multi-family home built in 1991.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.