$1,125,000
$1,259,000
10.6%For more information regarding the value of a property, please contact us for a free consultation.
0.31 Acres Lot
SOLD DATE : 06/17/2024
Key Details
Sold Price $1,125,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS23190510
Sold Date 06/17/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1986
Lot Size 0.306 Acres
Property Description
This is an amazing opportunity to own these ten 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.
Location
State CA
County Kern
Area Thp - Tehachapi
Zoning R-3
Interior
Interior Features Balcony
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Appliance Water Heater
Laundry Common Area
Exterior
Parking Features Carport
Carport Spaces 6
Fence Average Condition
Pool None
Community Features Park
Utilities Available Electricity Connected, Natural Gas Available, Water Connected
View Y/N Yes
View Park/Greenbelt
Roof Type Composition
Accessibility Parking
Total Parking Spaces 16
Private Pool No
Building
Lot Description Near Park
Story 2
Entry Level Two
Sewer Septic Type Unknown
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 46714311007
Security Features Smoke Detector(s)
Energy Description 276.0
Acceptable Financing Conventional
Listing Terms Conventional
Financing Other
Special Listing Condition Standard
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Bought with Diana Sanchez • Watson Realty