Bought with General NONMEMBER • NONMEMBER MRML
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Key Details
Sold Price $1,125,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 6,600 sqft
Price per Sqft $170
MLS Listing ID CRWS23190505
Sold Date 06/17/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1986
Lot Size 0.303 Acres
Property Description
This is an amazing opportunity to own these ten-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.
Location
State CA
County Kern
Interior
Heating Other
Cooling Central Air
Fireplace No
Laundry Community Facility
Exterior
View Greenbelt
Handicap Access Other
Parking Type Other
Building
Lot Description Other
Water Public
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