Estimated payment $13,251/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
Community Details
- Gross Income $160,800
- Net Operating Income $129,600
Listing and Financial Details
- Assessor Parcel Number 04007020
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 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
| Date | Event | Price | List to Sale | Price per 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
| 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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Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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