18518 Pellisier Road Tehachapi, CA 93561
MULTI_FAMILY - Tehachapi, CA
Property Features for 18518 Pellisier Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- A
- Bedrooms
- 9
- Bathrooms
- 7
- Rooms
- Bedroom 4, Bathroom 6, Bedroom 6, Bedroom 3, Bathroom 4, Bathroom 5, Bedroom 9, Bedroom 1, Bedroom 8, Bathroom 3, Bathroom 7, Bathroom 1, Bedroom 5, Bedroom 7, Bedroom 2, Bathroom 2
- Standard status
- Active
- APN
- 376-130-06
- Size
- 5,458 SF
- Lot size
- 20.22 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1989
- Number of units
- 3
- Building materials
- Frame
- Roof type
- Composition
Listing agent Lorena Semerenko License #01960907 (661) 202-0015
Listing office RE/MAX All-Pro 43832 20th St. W, CA (661) 945-9461
Listing date Jul 14, 2026
Copyright © 2026 Greater Antelope Valley 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.
A private well services all properties. Equestrian and small animal facilities are already in place, including existing horse facilities, barns, and multiple storage structures, with room for livestock, equipment, and hobbies. The lot is 20.22 acres described as flat and usable, and the setting includes mountain and valley views.
Key Highlights
- Multi‑family property with 3 homes and combined 5,458 sq ft of living space
- Generates just under $60,000 per year in rental income (per listing remarks)
- Over 20 flat, usable acres in Cummings Valley, Tehachapi, zoned AG‑Residential
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 | $100.2k | $18.36 |
| − Vacancy | −$2.9k | −$0.53 |
| EGI | $97.3k | $17.83 |
| − OpEx | −$29.2k | −$5.35 |
| NOI | $68.1k | $12.48 |
