21069 Woodford Tehachapi RdTehachapi, CA 93561

Property Details for 21069 Woodford Tehachapi Rd

Year built

1977

Construction

WOOD

Lot size

1.11 AC

Property size (Sq ft)

2,140 SF

Zone code

E(1)

Property type

Office buildings

APN

466-060-23-00-1

APU

46606023001

Description

This unique Tehachapi property offers a compelling investment opportunity with two distinct buildings situated on a 1.11-acre lot at 21069 Woodford Tehachapi Road. The main structure is a charming log cabin featuring three bedrooms and two bathrooms. While currently lacking a fully equipped kitchen, a designated area is readily adaptable for culinary conversion. Enjoy outdoor living with both front and side decks. A second building serves as a small office space, complete with two separate office rooms, a bathroom, and a kitchenette equipped with a refrigerator. The property's substantial lot size presents significant potential for future expansion or additional structures. Its convenient Old Town location provides easy access to local markets and other city amenities. The combined square footage of both buildings totals 2,140 square feet. This property is priced at $895,000 and presents a rare blend of residential charm and commercial potential, ideal for a variety of uses. The existing structures offer immediate functionality, while the ample land provides room for growth and future development. This is a truly exceptional opportunity in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $593,875

  6.5%

  $548,192

  7%

  $509,036

• Comparable approach

  Method

  Valuation

  Relative Method

  $406,942

  Geo Method

  $406,942

• Alternative Use

  Use

  Valuation

  Residential

  $679,759

  Hospitality

  $622,655

  Educational

  $518,042

  Medical

  $535,858

  Retail

  $805,843

Location Insight

City

Tehachapi

County

Kern

State

California

Latitude

35.1253

Longitude

-118.496

CBSA code

12540

CBSA name

BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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