Charming Tehachapi Fourplex For
21247 Madre Street Tehachapi, CA 93561
21247 Madre Street, Tehachapi, CA, 93561
$710,000
For Sale
$710,000
MULTI_FAMILY - Tehachapi, CA
Property Size3,317 SF
Lot Size0.34 Acres
Price / SF$214.05
Days on Market130
Property Features for 21247 Madre Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Standard status
- Active
- APN
- 46809403
- Size
- 3,317 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4646
Building Details
- Year built
- 1987
Listing Agency
Country Real Estate
(661) 822-4433
785 Tucker Road, Ste. D, Tehachapi, CA
Listed by
Terri Juergens
(661) 303-6868
Added: Mar 10 Checked: Jul 17 at 6:06 am
MLS# 9993724
Listing URL
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This charming fourplex is located at 21247 Madre Street in Tehachapi, California. The property is zoned R-3 and includes four units. Each unit features two bedrooms and one modern bathroom, along with a kitchen designed with functionality and style. Each unit also includes a single-car garage, providing convenient and secure parking. The property is situated on a 0.34-acre lot. The property size is 3317 square feet. This fourplex is suitable for investors looking for comfortable living spaces with great amenities in a desirable location.
Key Highlights
- Four individual units, ideal for investment property.
- Each unit features two spacious bedrooms.
- Each unit has one modern bathroom.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.9k | $18.36 |
| − Vacancy | −$1.8k | −$0.53 |
| EGI | $59.1k | $17.83 |
| − OpEx | −$17.7k | −$5.35 |
| NOI | $41.4k | $12.48 |
3,317 SF · lease $18.36/SF/yr · vacancy 2.88% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$591.5K
$517.5K – $690.0K
NOI $41,402 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$545.9K
$477.7K – $636.9K
NOI $38,212 @ 7.0% cap · market cap 5.38%
Theoretical Best
Warehouse
$708.6K
$620.0K – $826.7K
NOI $49,602 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Tehachapi fourplex featuring two-bedroom units and single-car garages.
Where is this quadplex located?
The property is located at 21247 Madre Street Tehachapi, CA.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Four individual units, ideal for investment property.; Each unit features two spacious bedrooms.; Each unit has one modern bathroom.
