Tehachapi, CA 93561 20210 Park Road
$999,000
10 more
Presented By: TINA TUNG LAI with EXP REALTY; 626-823-7133
Beds • 8
Baths • 8
SQFT • 5,280
Home Details
This is an amazing opportunity to own these eight unit apartment in Tehachapi. The units feature cozy living rooms, spacious kitchens with dining areas, and good size balcony. The building has been recently renovated and is in good condition. Each unit has its own gas and electric meters.
The location of this property is perfect for investors who want to benefit from the robust rental market in Tehachapi. The area is one of the most sought-after in the region, with a high quality of life and a low cost of living. The property is close to everything that Tehachapi has to offer, such as schools, shopping centers, restaurants, parks, and highways. Tehachapi is a fast-growing community with a strong economy and a diverse population. The demand for rental units is high and the vacancy rates are low, which means steady income and appreciation for the owner. The whole portfolio has a total of 52 units. Buyer can purchase 8 units, 10 units, 16 units or 20 units or 52 units at a time.
Presented By: TINA TUNG LAI with EXP REALTY; 626-823-7133
Interior Features for 20210 Park Road
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixRoad
Total Stories2
Other Rooms
Entry Level1
General for 20210 Park Road
AccessibilityParking
Additional Parcels Y/NNo
AppliancesWaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.52
Carport Spaces6.0
Carport Y/NYes
CityTehachapi
Community FeaturesPark
Construction MaterialsStucco
CoolingCentralAir
CountyKern
Current FinancingConventional
Days on Market166
DirectionsCross Street between Park Rd and Madre St.
ElectricStandard
Electric Expense120.0
Entry LocationFirst Level
Garage Spaces0.0
Garage Y/NNo
Gross Income83202.0
HOA0.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2000.0
Interior FeaturesBalcony
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsConventional
Lot Size Square Feet10819.0
MLS AreaTHP - Tehachapi
MobileHomeRemainsYNNo
Net Operating Income48852.0
New ConstructionNo
Number of Units Leased8
Open Parking Spaces10.0
Operating Expense34350.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesSmokeDetectors
Senior Community Y/NNo
SewerSepticTypeUnknown
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NamePark
Tax Lot615
Total Actual Rent7148.0
Total Units8
Trash Expense2067.0
UtilitiesElectricityConnected, NaturalGasAvailable, WaterConnected
ViewParkGreenbelt
View Y/NYes
Water Sewer Expense1608.0
Waterfront Y/NNo
Year Built1985
Year Built SourceAssessor
ZoningR-3
Exterior for 20210 Park Road
Building Area Total5280.0
Crops Included Y/NNo
FencingAverageCondition
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPark
Lot Size Acres0.2484
Lot Size Area10819.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesCarport, Paved
Road Surface TypePaved
SpaNo
Total Parking16.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480