For SaleRisky Deal15 days on market
23940 Coral Springs Ln
23940 Coral Springs Ln, Tehachapi, CA 93561, Tehachapi, CA 93561
$399,000
Estimate®:$395,700
Listing Price
23940 Coral Springs Ln, Tehachapi, CA 93561
Loc: Tehachapi, CA
Days Listed
15
Tax Assessed
$323k
Estimate®
$396k
Market Rate
Lot Size
0.40 acres
Rent Estimate
$2,399/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Cummings Valley Elementary School
K-5
5.1 mi away
2
Jacobsen Middle School
6-8
12.7 mi away
5
Tehachapi High School
9-12
12.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storydark exteriorattached garagesidingasphalt shingle roofcovered front porchflagpolespacious yardsuburbantraditionalwell-maintainedneutral landscape
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.35%
Total ROI
53.4%
Cash Flow
$-625/mo
DSCR
0.70
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-625/mo net cash flow with a 4.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Tehachapi, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-08 | Listed for sale | $399,000 | $273 |
| 2023-08-23 | Sold | $310,000 | $212 |
| 2020-06-29 | Sold | $289,000 | $198 |
| 2020-05-09 | Listed for sale | $289,000 | $198 |
| 2012-06-01 | Listing removed | $175,000 | $120 |
| 2012-03-25 | Listed for sale | $175,000 | $120 |
| 1995-08-10 | Sold | $11,500 | $8 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $322,524 |
| 2025 | $4,305.02 | $316,200 |
| 2024 | $4,300.81 | $310,000 |
| 2023 | $4,169.2 | $303,787 |
| 2022 | $4,134.43 | $297,832 |
| 2021 | $0 | $291,993 |
| 2020 | $2,824.28 | $191,445 |
| 2019 | $2,820.37 | $191,445 |
| 2018 | $2,740.57 | $184,013 |
| 2017 | $2,738.42 | $180,406 |
| 2016 | $2,676.57 | $176,870 |
| 2015 | $2,605.25 | $174,214 |
| 2014 | $2,665.59 | $170,803 |
| 2013 | $0 | $170,032 |
| 2012 | $2,296.36 | $147,797 |
| 2011 | $2,292.37 | $147,797 |
| 2010 | $2,459.87 | $162,211 |
| 2009 | $2,473.61 | $162,598 |
| 2008 | $2,457.25 | $159,411 |
| 2007 | $2,423.07 | $156,286 |
| 2006 | $2,317.15 | $153,223 |
| 2005 | $2,353.28 | $150,219 |
| 2004 | $2,319.59 | $150,219 |
| 2003 | $2,178.3 | $139,957 |
| 2002 | $2,178.3 | $134,525 |
| 2001 | $2,057.41 | $131,888 |
| 2000 | $0 | $131,888 |
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