Search
4-Unit Quadplex
For Sale
$740,000

21201 Golden Hills, Tehachapi, CA 93561

Four-unit multifamily property with an assessor-designated zoning classification.

Property Size3,264 SF
Price / SF$226.72
Days on Market54

Property Features for 21201 Golden Hills

General Information

Standard status Active
Size 3,264 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Building Details

Year Built 1984
Listing Agency: Coldwell Banker Hallmark
Listed By: Harout Aloyan · License #02044903
Source: Jessicadixonrealty
Added: Aug 17 Changed: Oct 3 Last Checked: Oct 7 at 5:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Hallmark

Investment Insights

Based on property information with market context.

This quadplex comprises four residential units and is identified as a multifamily property. The parcel carries an Assessor zoning designation and is located at 21201 Golden Hills in Tehachapi, California 93561.

Key Highlights

  • Four residential units
  • Quadplex configuration
  • Assessor zoning designation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,741
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,820 $814.8K
Cap Rate 7%
$582,014 $582.0K
Cap Rate 9%
$452,678 $452.7K
Market Conditions
NOI Build-Up for 3,264 SF
Gross rent
$59.9K $18.36/SF
− Vacancy
−$1.7K −$0.53/SF
EGI
$58.2K $17.83/SF
− OpEx
−$17.5K −$5.35/SF
NOI
$40.7K $12.48/SF
Area
Kern County, CA
Vacancy
2.88%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,820
Cap Rate 7%
$582,014
Cap Rate 9%
$452,678

Alternative Uses

Best Use
Multifamily LT 5
$582.0K
$509.3K – $679.0K (±1% cap)
NOI $40,741 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$537.2K
$470.0K – $626.7K (±1% cap)
NOI $37,601 @ 7.0% cap · market cap 5.08%
Theoretical Best
Warehouse
$697.3K
$610.1K – $813.5K (±1% cap)
NOI $48,810 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Pharmacy Auto Parts Store HVAC Service Electrical Service Accounting Firm Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

Demographics for 93561, CA

31,091
Population
13,876
Households
2.2
Avg Household Size
42
Median Age
28%
College-Educated
92%
High-School Grad
301.8 sq mi
ZIP Area
103
Density / Sq Mi
$86,149
Median Household Income
$52,088
Median Earnings
$1,299
Median Rent
$377,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit multifamily property with an assessor-designated zoning classification.
Where is this quadplex located?
The property is located at 21201 Golden Hills Tehachapi, CA.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Four residential units; Quadplex configuration; Assessor zoning designation
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again