Four-Unit Quadplex with
For Sale
$710,000
21247 Madre, Tehachapi, CA 93561
Residential Income, Tehachapi, CA
Property Size3,317 SF
Lot Size0.34 Acres
Price / SF$214.05
Days on Market50
Property Features for 21247 Madre
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
4
Parking features
Covered
Elementary school
Golden Hills
Middle school
Jacobsen
High school
Tehachapi
Elementary school district
Tehachapi Unified
Subdivision
80
Standard status
Active
APN
46809403
Size
3,317 SF
Lot size
0.34 Acres
Building Details
Year built
1987
Floors in Building
1
Number of units
4
Listing Agency:
Country Real Estate
(661) 822-9093
Listed By:
Terri A Juergens · License #DRE#00841071
(661) 303-6868
Added: Aug 26
Changed: Sep 15
Last Checked: Oct 14 at 2:06PM
MLS# 202609245
Copyright © 2026 Golden Empire MLS, Inc. 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 3,317-square-foot quadplex contains four two-bedroom, one-bath units, each with an updated kitchen and its own single-car garage. The residences share the same floor plan, creating a consistent configuration across the building. Covered parking is provided through the individual garages.
Built in 1987, the property sits on a 0.34-acre parcel at 21247 Madre in Tehachapi, California. The four-unit layout, uniform interiors, and dedicated garage parking define the property’s physical setup.
Built in 1987, the property sits on a 0.34-acre parcel at 21247 Madre in Tehachapi, California. The four-unit layout, uniform interiors, and dedicated garage parking define the property’s physical setup.
Key Highlights
- Four two‑bedroom, one‑bath units
- 3,317 square feet on a 0.34‑acre parcel
- Each unit includes an updated kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,402
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,040
$828.0K
Cap Rate 7%
$591,457
$591.5K
Cap Rate 9%
$460,022
$460.0K
Market Conditions
NOI Build-Up for 3,317 SF
Gross rent
$60.9K $18.36/SF
− Vacancy
−$1.8K −$0.53/SF
EGI
$59.1K $17.83/SF
− OpEx
−$17.7K −$5.35/SF
NOI
$41.4K $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%
$828,040
Cap Rate 7%
$591,457
Cap Rate 9%
$460,022
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 authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Matching apartments offer updated kitchens and individual covered parking.
Where is this quadplex located?
The property is located at 21247 Madre 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 two‑bedroom, one‑bath units; 3,317 square feet on a 0.34‑acre parcel; Each unit includes an updated kitchen
