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Modern Duplex with Attached Garages
For Sale
$667,000

21261 Golden Hills Blvd, Tehachapi, CA 93561

Two leased homes feature private outdoor areas, indoor laundry, and separate garages.

Property Size2,650 SF
Price / SF$251.70
Days on Market8

Property Features for 21261 Golden Hills Blvd

General Information

Standard status Active
Size 2,650 SF
Property subtype Residential Income
Occupancy 100%

Financials

Gross Income $50,400
Average Monthly Rent $2,100

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Amenities

indoor laundry
attached garage
fenced yards

Building Details

Year Built 2022
Buildings 1
Listing Agency: Real Broker
Listed By: Jaime Bratton · License #02076656
Source: Exprealty
Added: Oct 2 Changed: Oct 7 Last Checked: Oct 7 at 2:08PM

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 Real Broker

Investment Insights

Based on property information with market context.

Completed in 2022, this duplex in Tehachapi’s Golden Hills community contains two homes, each approximately 1,325 square feet with three bedrooms and two bathrooms. Open living, dining, and kitchen areas create connected interiors, complemented by upgraded countertops. Both residences include indoor laundry, an attached private garage, and a fenced yard.

The homes are leased on annual terms. Tenants pay water, trash, and other utilities.

Key Highlights

  • Built in 2022
  • Two 3‑bedroom, 2‑bath homes, each approximately 1,325 square feet
  • Open living, dining, and kitchen areas with upgraded countertops

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,077
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,540 $661.5K
Cap Rate 7%
$472,529 $472.5K
Cap Rate 9%
$367,522 $367.5K
Market Conditions
NOI Build-Up for 2,650 SF
Gross rent
$48.7K $18.36/SF
− Vacancy
−$1.4K −$0.53/SF
EGI
$47.3K $17.83/SF
− OpEx
−$14.2K −$5.35/SF
NOI
$33.1K $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%
$661,540
Cap Rate 7%
$472,529
Cap Rate 9%
$367,522

Alternative Uses

Best Use
Multifamily LT 5
$472.5K
$413.5K – $551.3K (±1% cap)
NOI $33,077 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$436.1K
$381.6K – $508.8K (±1% cap)
NOI $30,528 @ 7.0% cap · market cap 4.58%
Theoretical Best
Warehouse
$566.1K
$495.4K – $660.5K (±1% cap)
NOI $39,628 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Pharmacy Electrical Service Auto Parts Store Butcher Home Appliance Store

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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

430
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two leased homes feature private outdoor areas, indoor laundry, and separate garages.
Where is this duplex located?
The property is located at 21261 Golden Hills Blvd Tehachapi, CA.
What is the asking price?
The asking price for this property is $667,000.
What are key features of this property?
This property features: Built in 2022; Two 3‑bedroom, 2‑bath homes, each approximately 1,325 square feet; Open living, dining, and kitchen areas with upgraded countertops
More about this property
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