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
- Active
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.
Contact an agent
Home facts
- Year built:1992
- Listing Id #:9992677
- Added:71 day(s) ago
- Updated:July 18, 2025 at 12:33 PM
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
New listings near 21411 Golden Hills Boulevard
- New$480,000Active3 beds 2 baths1,807 sq. ft.
23600 Lakeview Drive, Tehachapi, CA 93561
MLS# 9993021Listed by: BETTER HOME AND GARDENS REAL ESTATE PLATINUM REALTY GROUP - Open Sat, 11am to 3pmNew$499,000Active2 beds 3 baths2,240 sq. ft.
24551 Pueblo Court, Tehachapi, CA 93561
MLS# 9993023Listed by: KELLER WILLIAMS REALTY BAKERSFIELD - $26,000Pending-- beds 1 baths14,810 sq. ft.
0 Arosa Road, Tehachapi, CA 93561
MLS# 9993022Listed by: ALL SOURCE REALTORS - New$12,500Active5 Acres
0 Cameron Canyon Road, Tehachapi, CA 93561
MLS# 9993009Listed by: COLDWELL BANKER FRONTIER - New$160,000Active0 Acres
80 Ac M/Ll Tehachapi Unimproved, Tehachapi, CA 93561
MLS# 219133918DAListed by: DESERT GOLD PROPERTIES, INC. - New$469,000Active3 beds 2 baths1,685 sq. ft.
22481 Saddleback Drive, Tehachapi, CA 93561
MLS# 9993014Listed by: KELLER WILLIAMS REALTY BAKERSFIELD - New$709,000Active8 beds -- baths3,264 sq. ft.
21201 Golden Hills Boulevard, Tehachapi, CA 93561
MLS# CL25575589Listed by: INCLUSIVE ESTATES, INC. - New$269,000Active3 beds 2 baths936 sq. ft.
516 E E Street, Tehachapi, CA 93561
MLS# 9993015Listed by: KELLER WILLIAMS REALTY BAKERSFIELD - New$369,000Active-- beds -- baths1,486 sq. ft.
20825 Country Club Drive, Tehachapi, CA 93561
MLS# 9993013Listed by: WATSON REALTY - New$794,880Active4 beds 3 baths
504 JASMINE COURT, Tehachapi, CA 93561
MLS# 202509095Listed by: MIRAMAR INTERNATIONAL CALLOWAY