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Duplex with Attached Garages
New
For Sale
$667,000

21261 Golden Hills Blvd, Tehachapi, CA 93561

Multi Family, Tehachapi, CA

Property Size2,650 SF
Lot Size0.25 Acres
Price / SF$251.70
Days on Market6

Property Features for 21261 Golden Hills Blvd

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 2
Parking features Covered
Exterior features Stucco
High school district Tehachapi
Directions From downtown Tehachapi, head west on Tehachapi Boulevard. Turn left onto Tucker Road, then right onto West Valley Boulevard (Hwy 202). Turn right onto Golden Hills Boulevard. 21261 will be on your left, just before Park Drive.
Subdivision 561
Standard status Active
APN 4680621300
Size 2,650 SF
Lot size 0.25 Acres

Amenities

indoor laundry
attached private garage
fenced yards

Building Details

Year built 2022
Floors in Building 1
Number of units 2
Roof type Composition
Listing Agency: Real Brokerage Technologies
Listed By: Jaime Bratton · License #02076656
Added: Oct 2 Changed: Oct 6 Last Checked: Oct 7 at 8:06AM
MLS# 656166

Copyright © 2026 Fresno 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.

Built in 2022, this duplex contains two homes, each with 3 bedrooms, 2 bathrooms and approximately 1,325 square feet. Open-plan living, dining and kitchen areas are complemented by upgraded countertops. Both residences include indoor laundry, an attached private garage and an individual fenced yard. The building totals 2,650 square feet on a 0.25-acre lot.

The homes are currently leased on annual terms. Tenants pay water, trash and all utilities. Exterior features include stucco siding and a composition roof.

Key Highlights

  • Two 3‑bedroom, 2‑bath homes, each approximately 1,325 square feet
  • 2,650‑square‑foot duplex on a 0.25‑acre lot
  • Built in 2022

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
Multi-tenant
Tenancy

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 separately leased homes combine open living areas with private outdoor space and indoor laundry.
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: Two 3‑bedroom, 2‑bath homes, each approximately 1,325 square feet; 2,650‑square‑foot duplex on a 0.25‑acre lot; Built in 2022
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