16
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0 San Joaquin Drive
About This Property
Approximate coordinates are 35.092460, -118.661456 and are provided for reference and location purposes. The parcel may be considered as a long-term buy-and-hold investment or as an opportunity to explore potential residential use. Buyers interested in building a home or other permitted improvements now or in the future should independently verify zoning, access, utilities, permits, setbacks, and all applicable development requirements.
For information regarding building eligibility, zoning, development standards, permits, and potential land uses, buyers should contact the City of Tehachapi Planning Department/Development Services and the Kern County Planning and Natural Resources Department. The City Planning Department handles planning and development matters within City limits, while Kern County Planning provides land-use services for applicable county areas.
With 1.31 acres and established properties nearby, this parcel provides room to consider future plans while offering an opportunity to hold land for potential long-term investment or residential use, subject to applicable requirements.
Disclaimer: Images are for reference only. Buyers are advised to independently verify lot location, boundaries, utilities, zoning, addressing, access, buildability, and all intended uses to satisfy themselves.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Listed by Real Brokerage Technologies | $53,100 | |
| Listed by Real Brokerage Technologies | |||
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