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Sold on 04/01/2022

516 W Valley Blvd, Tehachapi, CA 93561

  • $1,348,293

    Last sold 04/01/2022 for $965K

  • —

    bed

  • —

    bath

  • 6,320

    Sqft ($153/Sqft)

House not for sale
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About 516 W Valley Blvd

Property type House
Neighborhood
Year built 1987
HOA fee $0/month
Lot size 0.34 Acre
Movoto estimate
Property description
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!!
Listed by
Listing Agent - Esteban Contreras
Listing Agent Contact: 661-615-9001
Listing Office - Central Valley Property Advisors
Source: GEMLS mls logo
MLS#202109538 • last updated 4 years ago
Movoto checked GEMLS for data 5 minutes ago
Overview
Levels/Style 2
MLS # 202109538
SqFt 6320
SubType 5 - 10 Units
Status Sold
Type Residential Income
Lot Size (SqFt) 14810
Year Built 1987
Exterior
Parking Garage
Location
County Kern
Middle School Jacobsen
High School Tehachapi
Elementary School Tompkins
Multifamily Details
Total # of Units 8
Vacancy Factor 0.1
Annual Net Income 54857
Cap Rate % 0.06
Annual Gross Income 84000
Total Annual Expense 29144
$1.34M
Range: $1.21M-$1.48M
Last 30 days 
  • Apr 2022
    mls logo MLS # 202109538
  • Apr 1, 2022 Sold
    $965,000
  • Jan 25, 2022 Pending
    —
  • Jan 19, 2022 Listed
    —
  • Jan 7, 2022 Pending
    —
  • Dec 28, 2021 Listed
    $975,000 (-2.0%)
  • Oct 21, 2021 Pending
    —
  • Sep 29, 2021 Listed
    —
  • Sep 8, 2021 Pending
    —
  • Sep 1, 2021 Listed
    $995,000 (+332.6%)
  • Mar 2022
    Public Records
  • Mar 31, 2022 Sold
    $965,000 (-1.0%)
  • May 2002
    Public Records
  • May 9, 2002 Sold
    $230,000
  • 516 W Valley Blvd
    $965K
  • 80
    —
  • 93561
    $477K -5% y/y
  • Tehachapi
    $478K -5% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
800 Mulberry St, Tehachapi, CA 93561 $421,000 3/2 1,849 0.02
805 Elm St, Tehachapi, CA 93561 $354,000 3/2 1,355 0.03
801 Mulberry St, Tehachapi, CA 93561 $394,000 3/2 1,728 0.04
706 Mulberry St, Tehachapi, CA 93561 $373,000 3/2 1,440 0.04
802 Mulberry St, Tehachapi, CA 93561 $391,000 3/2 1,728 0.04
707 Mulberry St, Tehachapi, CA 93561 $367,000 3/2 1,312 0.04
807 Elm St, Tehachapi, CA 93561 $422,000 4/2 1,773 0.04
803 Mulberry St, Tehachapi, CA 93561 $431,000 3/2 1,849 0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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3/10
Tompkins Elementary School
public Grades K-5
Tehachapi Unified School District
3/10
Jacobsen Middle School
public Grades 6-8
Tehachapi Unified School District
6/10
Tehachapi High School
public Grades 9-12
Tehachapi Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around 80

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  • CA
  • Kern County
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  • 516 W Valley Blvd
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