Estimated payment $12,934/month
About This Home
High-Yield, Long-Term Investment - Strong Cash Flow + National Tenant Exceptional opportunity to acquire a solid, income-producing medical office asset in the growing Tehachapi market. This 7,864 SF free-standing building sits on 0.6 acres with ample parking (separate APN) and is fully leased to a well-established national behavioral health organization. The property is secured by a long-term 11-year lease structure (5 + 3 + 3), delivering predictable, passive income from day one. Current financials show $13,400/month gross income with approximately $10,800/month net, offering strong in-place returns with minimal management requirements. Recent capital improvements totaling approximately $250,000 significantly reduce deferred maintenance and future capital expenditures, including: -Full renovation of 6 restrooms -Electrical system upgrades -New carpet throughout -Complete interior and exterior repaint -Updated Landscaping Major systems are in excellent condition!
Listing Agent
Miramar International Calloway License #02193960 Listed on: 04/27/2026
Property Details
Property Type
- Other
Year Built
- Built in 1974
Lot Details
- 7,840 Sq Ft Lot
- Zoning described as T-4.5 - TCL
Home Design
- 7,864 Sq Ft Home
Utilities
- Central Air
Listing and Financial Details
- Assessor Parcel Number 04007020
Community Details
Overview
- The Paulys Addition Subdivision
Building Details
- Gross Income $160,800
- Net Operating Income $129,600
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $10,008 | $888,501 | $73,868 | $814,633 |
| 2025 | $6,326 | $871,080 | $72,420 | $798,660 |
| 2024 | $6,326 | $542,513 | $39,071 | $503,442 |
| 2023 | $6,107 | $531,877 | $38,306 | $493,571 |
| 2022 | $6,065 | $521,448 | $37,555 | $483,893 |
| 2021 | $6,106 | $511,225 | $36,819 | $474,406 |
| 2020 | $6,173 | $505,984 | $36,442 | $469,542 |
| 2019 | $6,172 | $505,984 | $36,442 | $469,542 |
| 2018 | $5,949 | $486,338 | $35,028 | $451,310 |
| 2017 | $5,937 | $476,803 | $34,342 | $442,461 |
| 2016 | $5,778 | $467,455 | $33,669 | $433,786 |
| 2015 | $5,490 | $460,435 | $33,164 | $427,271 |
| 2014 | $5,430 | $451,416 | $32,515 | $418,901 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2026 06/09/26 | Price Changed | $2,280,000 | -5.0% | $290 / Sq Ft |
| 04/27/2026 04/27/26 | For Sale | $2,400,000 | 0.0% | $305 / Sq Ft |
| 05/21/2025 05/21/25 | Rented | $10,134 | -0.9% | -- |
| 07/12/2024 07/12/24 | For Rent | $10,223 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $630,000 | Chicago Title Company | |
| Grant Deed | $45,000 | Chicago Title |
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202604641
APN: 040-070-20-00-1
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Ask me questions while you tour the home.