What a great find! This well kept, newer, commercial building checks all the boxes, whether you are a first time investor, owner occupied investment buyer or looking for a 1031 Tax Deferred Exchange. Not only is the cap rate a desirable 7%, but the building is an attractive, Contemporary Architectural Design. Building Design offers south facing doors and corridors to minimize winter weather concerns, large storefront windows and plenty of parking, and is both attractive and functional. Each suite is equipped with full restroom facilities and a kitchenette plus all units are separately metered for gas and electricity. Interiors offer extended ceiling heights and great lighting. This one of kind opportunity does not come along often in the Tehachapi Area. Be sure to set your showing appointment early for the best opportunity to secure this great offering. Owner may even consider financing subject to terms and conditions! Please DO NOT disturb tenants.
Off market
$1,117,300
20705 South St, Tehachapi, CA 93561
--beds
0baths
6,384sqft
MultiFamily
Built in 2008
-- sqft lot
$1,117,300 Zestimate®
$175/sqft
$1,810 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- None
Interior area
- Total interior livable area: 6,384 sqft
Property
Parking
- Parking features: None
Lot
- Size: 0.68 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 2008
Community & neighborhood
Location
- Region: Tehachapi
Other
Other facts
- Lot Measurement \ Acres
- Lot Size Source \ (Property Profile)
- MLS Listing ID: 9983990
- MLS Name: Tehachapi Area AOR broker feed (Tehachapi Area AOR broker feed)
- Property Subtype 1 \ Commercial
- Property Type \ Lease/Rental
- Property Type \ Lease\Rental
- Square Footage Source \ Assessor
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,117,300
2% more+ $22,346
With Zillow Showcase(estimated)
$1,139,646