21411 Golden Hills Boulevard, Tehachapi, CA 93561
Local realty services provided by:Better Homes and Gardens Real Estate Platinum Realty Group
21411 Golden Hills Boulevard,Tehachapi, CA 93561
$740,000
- - Beds
- - Baths
- 3,632 sq. ft.
- Multi-family
- Pending
Listed by:lola traylor
Office:property star
MLS#:9992677
Source:CA_TAAR
Price summary
- Price:$740,000
- Price per sq. ft.:$203.74
About this home
$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.
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Home facts
- Year built:1992
- Listing ID #:9992677
- Added:113 day(s) ago
- Updated:September 14, 2025 at 01:38 AM
Rooms and interior
- Living area:3,632 sq. ft.
Structure and exterior
- Year built:1992
- Building area:3,632 sq. ft.
- Lot area:0.25 Acres
Finances and disclosures
- Price:$740,000
- Price per sq. ft.:$203.74
- Tax amount:$5,484
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