21201 Golden Hills, Tehachapi, CA 93561, Tehachapi, 93561 - 0 bed, 0 bath
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21201 Golden Hills
Tehachapi, CA 93561
ACTIVE
CONDITION: POOR
0Beds
0Baths
3,264Sq Ft
10,968Lot Size
Property Price
LIST PRICE$740,000
EST. MARKET VALUE
$646,575
14% AboveMARKET VALUE
SUMMARY
This Quadruplex Residential Income Asset presents a High-Potential Investment Opportunity, listed at $740,000—positioned above the $646,576 Fair Market Value. While the property requires capital improvements due to its Poor Condition Rating, the Multi-Unit Income Potential and No HOA Restrictions provide a clear path to maximizing cash flow. Situated just 0.14 miles from Golden Hills Elementary, the location ensures consistent tenant demand. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to renovate and stabilize a multi-family asset.
Estimated Market Value
$646,575
Based on Realkey algorithm analyzing recent comparable sales in Tehachapi.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21201 Golden Hills Subject | $740,000* List Price | 0 | 0 | 3,264 | $198 | - |
A 21110 Santa Maria Sold | $682,000 | 8 | 4 | 3,468 | $197 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1984, this property is 42 years old, placing it in the 'poor' category based on the age criteria (>30 years). The exterior photos show dated stucco patching, older window units, and original architectural features, suggesting that the kitchens, bathrooms, and major systems (HVAC/Electric) are likely at the end of their functional lifespan and require significant rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
As a quadruplex, this property offers a robust investment opportunity with four separate units to generate diversified rental income and maximize cash flow.
- Excellent School Proximity
The property is located just 0.14 miles from Golden Hills Elementary School, making it highly attractive to families and ensuring consistent tenant demand.
- No HOA Restrictions
With an association fee of $0, investors benefit from lower monthly overhead and greater autonomy over property management without restrictive community bylaws.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10968, other record lot size in square feet = 10890.
- Aging Infrastructure
Built in 1984, the building is reaching a 40-year milestone, which may necessitate capital expenditures for system upgrades or structural maintenance in the near future.
- Modest School Ratings
While the proximity to schools is a plus, the local elementary school's rating of 3 may limit the property's appeal to tenants specifically seeking high-performing school districts.
About 21201 Golden Hills
Exceptional opportunity in Tehachapi. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1984
- Lot Size
- 10,968 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Tehachapi Unified Schools
Golden Hills Elementary School
Grades K-5 • 0.1 mi
3/10
Tompkins Elementary School
Grades K-5 • 2.1 mi
4/10
Cummings Valley Elementary School
Grades K-5 • 5.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Pricing History
Listed for Sale
Jul 30, 2026
$740,000
Initial Listing
Sold
Nov 1, 2016
$328,000
Public Record
Sold
Sep 27, 2002
$185,000
Public Record