21241 & 21509 Golden Hills Blvd Tehachapi, CA
16 Unit Apartment Building | $1,998,000 ($124,875/Unit) | Tehachapi, CA 93561
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,998,000
- Property Type
-
Multifamily
- Square Feet
- 10,560 SF
Listing Contacts
Tina Lai
Verified Profile
- Property Info
Property Overview
This is an amazing opportunity to own these two 8-unit apartments in Tehachapi. The 16 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. Buyers can purchase 16 units or 20 units or a total of 52 units at a time.
Property Details
- Class
- C
- Year Built
- 1986
- Stories
- 2
- Lot Size (sq. ft)
- 20,909 SF
- Units
- 16
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