$2,280,000

Estimated payment $12,818/month

Total Views 2,118
-- Bed
-- Bath
7,864 Sq Ft
$290 Price per Sq Ft

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

Lindsay Villalpondo

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

Property Details

Property Type

Other

Year Built

Built in 1974

Lot Details

7,840 Sq Ft Lot

Listing Details

  • Prop. Type: Commercial / Ind.
  • Year Built: 1974
  • Cap Rate Description: 5%
  • Property Sub Type: Commercial
  • Lot Size Acres: 0.1800
  • Subdivision Name: The Paulys Addition
  • Garage Yn: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Living Area: 7864.00

Exterior Features

  • Disclosures: None of the Above
  • Pool Private: No

Garage/Parking

  • Parking Features: Street, Private/10+

Utilities

  • Heatcool: Central A/C

Lot Info

  • Zoning Description: T-4.5 - TCL
  • Lot Size Sq Ft: 7840.00
  • Parcel #: 04007020

Multi Family

  • Total Annual Expense: 31200.00
  • Existing Lease Type: Net
  • Property Net Operating Income: 129600.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
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
Source: Public Records

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 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

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: Public Records

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202604641

Bakersfield Association of REALTORS® / GEMLS

APN: 040-070-20-00-1

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