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21411 Golden Hills Boulevard, Tehachapi, CA 93561

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For Sale

$740,000

3,632 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $203.74
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

$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.
MLS# 9992677

Courtesy Of Property Star Management and Sales

(805) 570-9017

Property Features

  • Age
    31-40 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.25 Acres

Map and Directions

Directions to 21411 Golden Hills Boulevard, Tehachapi, CA 93561

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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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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