NOT LISTED FOR SALE

516 W Valley Blvd Tehachapi, CA 93561

-- Bed
-- Bath
6,320 Sq Ft
0.34 Acres

Last Sold March 31, 2022

Last sale price $965,000 $153 Per Sq Ft

181 Days on Market

About This Home

As of March 2022

CVPA is proud to announce for sale this exquisite eight (8) unit multi-family property located in the heart of Tehachapi Ca. Featuring eight (8) two, (2) bedroom, one (1) bathroom units. There are individual garages for the tenants for convenient parking or storage space. The offering is fully occupied with zero balances due from tenants that are not paying rent. This property is located within the vicinity of national eateries and is perfect for any savvy investor looking for excellent cashflow in a steady rental market!!

Last Agent to Sell the Property

Esteban Contreras

Watson Realty License #01975384 Listed on: 09/01/2021

Co-Listed By

Eric Van Denk

Central Valley Property Adviso License #02071696

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.34 Acre Lot

Interior Spaces

  • 6,320 Sq Ft Home
  • 2-Story Property

Schools

  • Tompkins Elementary School
  • Jacobsen Middle School
  • Tehachapi High School

Listing and Financial Details

  • Assessor Parcel Number 41641409

Community Details

Overview

  • 8 Units

Building Details

  • Gross Income $84,000
  • Net Operating Income $54,857

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1987
  • Building Stories: 2
  • Property Sub Type: 5 - 10 Units
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 6320.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Tehachapi
  • Middle Or Junior School: Jacobsen

Lot Info

  • Lot Size Sq Ft: 14810.00
  • Parcel #: 41641409

Multi Family

  • Total Annual Expense: 29144.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 8
  • Annual Gross Income: 84000.00
  • Property Net Operating Income: 54857.00

MLS Schools

  • Elementary School: Tompkins

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $965,000 -1.0% $153 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
09/01/2021 09/01/21 For Sale $975,000 -- $154 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Esteban Contreras

    Seller's Agent in 2022

    Esteban Contreras

    Watson Realty

    (661) 617-0074

    1 in this area

    148 Total Sales

    Esteban Contreras
    Section Image
  • Eric Van Denk

    Seller Co-Listing Agent in 2022

    Eric Van Denk

    Central Valley Property Adviso

    (419) 206-7117

    1 in this area

    258 Total Sales

    Eric Van Denk
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202109538

Bakersfield Association of REALTORS® / GEMLS
California Kern County Tehachapi 93561

516 W Valley Blvd, Tehachapi, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

Nearby Homes