4-Unit Quadplex with Rear
New
For Sale
$475,000
24300 Woodbine Ct, Tehachapi, CA 93301
A front triplex and detached home offer a mix of studio and two-bedroom residences, with garage parking and laundry hookups.
Property Size2,444 SF
Price / SF$194.35
Days on Market3
Property Features for 24300 Woodbine Ct
General Information
Standard status
Active
Size
2,444 SF
Total Parking Spaces
4
Property subtype
Single Family Residential
Units
Unit Mix
2 x studio, 2 x 2BR/1BA
Multifamily Units
4
Amenities
window A/C units
laundry hookups
private balcony
Building Details
Year Built
1939
Buildings
2
Stories
2
Listing Agency:
Executive Realty & Investments
Listed By:
Juana M Pineda · License #01362468
(661) 340-6958
Source:
Besthomesbakersfield
Added: Oct 29
Changed: Oct 31
Last Checked: Oct 30 at 2:45PM
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 Executive Realty & Investments
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,444-square-foot, 4-unit property, built in 1939, is arranged as a front triplex and a separate detached residence. The front building contains two studio apartments and a 2-bedroom, 1-bath unit. A second 2-bedroom, 1-bath home sits at the rear. The rear unit was remodeled in 2022 with granite countertops and LVT flooring, and has a private balcony. In 2026, the front 2-bedroom unit received LVT flooring and updated kitchen cabinetry; one studio also received LVT flooring. Window A/C units throughout the property were replaced approximately within the past two years.
Two 2-car garages provide parking, with laundry hookups located nearby. The varied unit mix combines studios and two-bedroom residences on one parcel.
Two 2-car garages provide parking, with laundry hookups located nearby. The varied unit mix combines studios and two-bedroom residences on one parcel.
Key Highlights
- Four units: two studios and two 2‑bedroom, 1‑bath residences
- 2,444 square feet; built in 1939
- Front triplex and separate detached rear residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,506
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,120
$610.1K
Cap Rate 7%
$435,800
$435.8K
Cap Rate 9%
$338,956
$339.0K
Market Conditions
NOI Build-Up for 2,444 SF
Gross rent
$44.9K $18.36/SF
− Vacancy
−$1.3K −$0.53/SF
EGI
$43.6K $17.83/SF
− OpEx
−$13.1K −$5.35/SF
NOI
$30.5K $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%
$610,120
Cap Rate 7%
$435,800
Cap Rate 9%
$338,956
Alternative Uses
Best Use
Multifamily LT 5
$435.8K
$381.3K – $508.4K
NOI $30,506 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$402.2K
$351.9K – $469.3K
NOI $28,155 @ 7.0% cap · market cap 5.93%
Theoretical Best
Warehouse
$522.1K
$456.9K – $609.1K
NOI $36,548 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 93301, CA
14,518
Population
6,202
Households
2.3
Avg Household Size
33
Median Age
20%
College-Educated
83%
High-School Grad
4.3 sq mi
ZIP Area
3,376
Density / Sq Mi
$40,725
Median Household Income
$36,623
Median Earnings
$1,129
Median Rent
$264,300
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
Frequently Asked Questions
What type of property is this?
Quadplex - A front triplex and detached home offer a mix of studio and two-bedroom residences, with garage parking and laundry hookups.
Where is this quadplex located?
The property is located at 24300 Woodbine Ct Tehachapi, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four units: two studios and two 2‑bedroom, 1‑bath residences; 2,444 square feet; built in 1939; Front triplex and separate detached rear residence
