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606 Linden Court, Tehachapi, CA 93561

2 Bed, 2 Bath Multi-Family Home For Sale

606 Linden Court, Tehachapi, CA 93561 House For Sale - MLS #SR16082032
Off the Market
$389,000
2
2
Multi-Family
2 Family
This listing is courtesy of Scott Reiber from Sterling Oaks Real Estate Inc..

Property Description for 606 Linden Court, Tehachapi, CA 93561

Cash Cow! Fantastic Income Producing Property! Assumable loan with $225,000 balance 5.67% fixed for next 8 year. No appraisal need if assuming the loan. Call for details. This is a 10 unit building with 10 detached garages. Each unit is a one bedroom one bath with living room and kitchen.The laundry room on the premises also produces income. Each unit come with a single car garage and all tenant utilities are paid for by owner. If new owner would like to do ratio billing for the unit substantially more income could be made. The 2015 CAP was 7.69 do to improper management, that problem has been fixed current cap rate 9.74%. Rents have been raised and unit still rent fast. One of the best returns in Los Angeles or Kern. This property is priced to sell and will not last long. Currently under new management.

Interior Details

4,400 sq. ft.
$88.41/sq. ft.
Water District; Public

Exterior Details

0.45 acres
19,602 sq. ft.
10 Garage Spaces
19

Other Details

SR16082032
1964
7

Units Description

Unit #1
Bedrooms: 1      Full / Half Baths: 1      Rent: $550     

Unit #2
Bedrooms: 1      Full / Half Baths: 1      Rent: $650     

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Town Description

There are 2,533 households out of which 35.6% have children under the age of 18 living with them, 47.5% are married couples living together, 14.3% have a female householder with no husband present,...

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