Real Estate Investment Properties for Sale in Tehachapi, CA

Looking for investment property in Tehachapi, CA with high ROI ?

Explore a variety of short-term homes & houses in Tehachapi, CA. Invest wisely with VRBO & Tehachapi, CA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Tehachapi, CA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
29600 Goldspike Rd Tehachapi, CA Welcome to your fabulous Mountain home in the gated community of Bear Valley Springs where...	3 beds \| 2 baths \| 2,610 sq.ft.	$579,900	Airbnb cash on cash: 6.07% Traditional cash on cash: 2.85% Airbnb Rental Income: $5670 Traditional Rental Income: $2793 Airbnb ROI: 6.07% Traditional ROI: 2.85%
25904 Bear Valley Road Tehachapi, CA This stunning modern farmhouse effortlessly combines comfort and rustic charm! With 3 bedr...	3 beds \| 3 baths \| 2,462 sq.ft.	$649,999	Airbnb cash on cash: 5.24% Traditional cash on cash: 3.04% Airbnb Rental Income: $5670 Traditional Rental Income: $3203 Airbnb ROI: 5.24% Traditional ROI: 3.04%
23161 Lakeview Drive Tehachapi, CA *LIVE BEAUTIFULLY* Private Gated Tehachapi Estate w/ Over 2.5 Acres, A 3-Car Garage, R...	4 beds \| 3 baths \| 2,905 sq.ft.	$599,990	Airbnb cash on cash: 8.18% Traditional cash on cash: 3.15% Airbnb Rental Income: $7258 Traditional Rental Income: $3037 Airbnb ROI: 8.18% Traditional ROI: 3.15%
20909 Ridgeway Drive Tehachapi, CA Charming 3-Bed, 2-Bath Home in West Golden Hills with Stunning Mountain Views Welcome to t...	3 beds \| 2 baths \| 2,006 sq.ft.	$359,900	Airbnb cash on cash: 6.43% Traditional cash on cash: 10.03% Airbnb Rental Income: $3657 Traditional Rental Income: $4076 Airbnb ROI: 6.43% Traditional ROI: 10.03%
22812 Retreat Place Tehachapi, CA The perfect opportunity to own this great home with 3 + 2.5 baths AND a BONUS room off the...	3 beds \| 3 baths \| 1,849 sq.ft.	$469,999	Airbnb cash on cash: 4.53% Traditional cash on cash: 6.85% Airbnb Rental Income: $3657 Traditional Rental Income: $3878 Airbnb ROI: 4.53% Traditional ROI: 6.85%
29801 S Lower Valley Rd Tehachapi, CA Exceptional Equestrian Estate in Prestigious Bear Valley SpringsNEW PRICE!Discover the ult...	3 beds \| 2 baths \| 2,483 sq.ft.	$899,000	Airbnb cash on cash: 3.55% Traditional cash on cash: 3.31% Airbnb Rental Income: $5670 Traditional Rental Income: $4335 Airbnb ROI: 3.55% Traditional ROI: 3.31%
805 Mulberry Street Tehachapi, CA Turnkey 4 Bed Home w/ Solar + Battery \| 2017 Build \| Prime Location Owned solar & batt...	4 beds \| 2 baths \| 2,143 sq.ft.	$475,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 6.63% Airbnb Rental Income: $1229 Traditional Rental Income: $3819 Airbnb ROI: -0.09% Traditional ROI: 6.63%
24281 Jacaranda Dr Tehachapi, CA Welcome to the serenity of Bear Valley Springs! Situated on over one acre, this charming ...	3 beds \| 2 baths \| 2,156 sq.ft.	$550,000	Airbnb cash on cash: 6.52% Traditional cash on cash: 5.59% Airbnb Rental Income: $5670 Traditional Rental Income: $4056 Airbnb ROI: 6.52% Traditional ROI: 5.59%
17681 Dike Ct Tehachapi, CA Peaceful and Charming Stallion Springs 2101 square foot, 3 bedroom and 2 bath home that si...	3 beds \| 2 baths \| 2,101 sq.ft.	$465,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 7.43% Airbnb Rental Income: $1445 Traditional Rental Income: $4090 Airbnb ROI: 0.36% Traditional ROI: 7.43%
1450 S Green St Tehachapi, CA Beautiful 4-bedroom, 3-bath home in the heart of Tehachapi! Conveniently located in town, ...	4 beds \| 3 baths \| 2,478 sq.ft.	$499,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 7.61% Airbnb Rental Income: $1229 Traditional Rental Income: $4460 Airbnb ROI: -0.15% Traditional ROI: 7.61%
30771 Fox Ridge Ct Tehachapi, CA This one is special!! If you've ever dreamed of waking up in an authentic log cabin surrou...	2 beds \| 2 baths \| 1,836 sq.ft.	$450,000	Airbnb cash on cash: 4.83% Traditional cash on cash: 6.31% Airbnb Rental Income: $3915 Traditional Rental Income: $3698 Airbnb ROI: 4.83% Traditional ROI: 6.31%
23901 Parke Ct Tehachapi, CA Just off the valley floor,sitting on a 1.09 rolling acre,this lovely one story home is sur...	3 beds \| 2 baths \| 1,802 sq.ft.	$465,000	Airbnb cash on cash: 8.02% Traditional cash on cash: 4.53% Airbnb Rental Income: $5670 Traditional Rental Income: $3017 Airbnb ROI: 8.02% Traditional ROI: 4.53%
23580 Timberline Way Tehachapi, CA Welcome to this beautifully remodeled Bear Valley retreat offering space, privacy, and bre...	3 beds \| 3 baths \| 1,898 sq.ft.	$589,900	Airbnb cash on cash: 5.94% Traditional cash on cash: 2.32% Airbnb Rental Income: $5670 Traditional Rental Income: $2540 Airbnb ROI: 5.94% Traditional ROI: 2.32%
26931 Columbia Way Tehachapi, CA	3 beds \| 2 baths \| 2,000 sq.ft.	$649,000	Airbnb cash on cash: 5.27% Traditional cash on cash: 3.07% Airbnb Rental Income: $5670 Traditional Rental Income: $3204 Airbnb ROI: 5.27% Traditional ROI: 3.07%
23440 Mashie Ct Tehachapi, CA <b>Super Clean and Move-In Ready!</b> Looking for a weekend or starter home? 2 large bedro...	2 beds \| 1 baths \| 1,588 sq.ft.	$389,000	Airbnb cash on cash: 6.42% Traditional cash on cash: 5.82% Airbnb Rental Income: $3915 Traditional Rental Income: $2857 Airbnb ROI: 6.42% Traditional ROI: 5.82%
9425 Tanganda Road Tehachapi, CA Breathtaking views from this wonderful mountain home on 5 acres! Both bathrooms have been ...	2 beds \| 2 baths \| 1,180 sq.ft.	$290,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 7.4% Airbnb Rental Income: $1004 Traditional Rental Income: $2593 Airbnb ROI: 0.27% Traditional ROI: 7.4%
29861 Greenwater Dr Tehachapi, CA Stunning Custom Mountain Retreat~ Nestled among the serene foothills, this exquisite 2,377...	2 beds \| 4 baths \| 2,377 sq.ft.	$545,000	Airbnb cash on cash: 4.1% Traditional cash on cash: 3.73% Airbnb Rental Income: $3915 Traditional Rental Income: $2885 Airbnb ROI: 4.1% Traditional ROI: 3.73%
19180 Siskiyou Dr Tehachapi, CA Welcome to this stunning 3-bedroom, 3.5-bathroom home nestled in the serene foothills of t...	3 beds \| 4 baths \| 1,940 sq.ft.	$473,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 9.34% Airbnb Rental Income: $1221 Traditional Rental Income: $5003 Airbnb ROI: -0.09% Traditional ROI: 9.34%
908 Laura Ln Tehachapi, CA	3 beds \| 2 baths \| 1,381 sq.ft.	$449,000	Airbnb cash on cash: 0% Traditional cash on cash: 6.02% Airbnb Rental Income: $1221 Traditional Rental Income: $3359 Airbnb ROI: 0% Traditional ROI: 6.02%
26021 Cumberland Rd Tehachapi, CA *Fully Fenced Horse Property Near GateNestled within the picturesque and highly sought...	4 beds \| 3 baths \| 2,531 sq.ft.	$525,000	Airbnb cash on cash: 9.99% Traditional cash on cash: 8.42% Airbnb Rental Income: $7258 Traditional Rental Income: $5086 Airbnb ROI: 9.99% Traditional ROI: 8.42%
110 Clearview Ct Tehachapi, CA	4 beds \| 3 baths \| 2,160 sq.ft.	$548,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 8.21% Airbnb Rental Income: $1229 Traditional Rental Income: $5193 Airbnb ROI: -0.31% Traditional ROI: 8.21%
29300 Peregrine Place Tehachapi, CA Located in the serene Stallion Springs community of Tehachapi, this exquisite custom home ...	3 beds \| 4 baths \| 3,673 sq.ft.	$795,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 6.11% Airbnb Rental Income: $1445 Traditional Rental Income: $5918 Airbnb ROI: -0.51% Traditional ROI: 6.11%
25908 Bear Valley Rd Tehachapi, CA Welcome to this charming country home! Experience the serenity of the fresh mountain air a...	3 beds \| 2 baths \| 1,831 sq.ft.	$485,000	Airbnb cash on cash: 7.64% Traditional cash on cash: 2.94% Airbnb Rental Income: $5670 Traditional Rental Income: $2401 Airbnb ROI: 7.64% Traditional ROI: 2.94%
30420 Starland Dr Tehachapi, CA	3 beds \| 4 baths \| 2,010 sq.ft.	$550,000	Airbnb cash on cash: 6.38% Traditional cash on cash: 2.72% Airbnb Rental Income: $5670 Traditional Rental Income: $2655 Airbnb ROI: 6.38% Traditional ROI: 2.72%
23921 Parke Ct Tehachapi, CA Experience authentic Spanish-style living in the heart of Bear Valley Springs with this cu...	3 beds \| 2 baths \| 2,586 sq.ft.	$624,900	Airbnb cash on cash: 5.52% Traditional cash on cash: 6.48% Airbnb Rental Income: $5670 Traditional Rental Income: $5096 Airbnb ROI: 5.52% Traditional ROI: 6.48%
29926 Caddy Lane Tehachapi, CA Exquisite 3 Bedroom, 2 Bath + Office on .77 Acre - Refined Living with Mountain Views. Imp...	3 beds \| 2 baths \| 1,902 sq.ft.	$525,000	Airbnb cash on cash: 7.3% Traditional cash on cash: 6.02% Airbnb Rental Income: $5670 Traditional Rental Income: $3911 Airbnb ROI: 7.3% Traditional ROI: 6.02%
21500 Circle Dr Tehachapi, CA Whether you need extra space or want the added benefit of income potential, this West Gold...	3 beds \| 3 baths \| 1,680 sq.ft.	$399,900	Airbnb cash on cash: 5.99% Traditional cash on cash: 3.95% Airbnb Rental Income: $3657 Traditional Rental Income: $2091 Airbnb ROI: 5.99% Traditional ROI: 3.95%
18073 Water Canyon Road Tehachapi, CA Discover your private 70.85-acre oasis in the stunning Water Canyon area of Tehachapi. Nes...	2 beds \| 2 baths \| 1,570 sq.ft.	$650,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 4.24% Airbnb Rental Income: $1004 Traditional Rental Income: $3731 Airbnb ROI: -0.84% Traditional ROI: 4.24%
5 Meadow Lakes Dr Tehachapi, CA Discover this charming two-story condo in the highly sought-after Bear Valley Springs comm...	2 beds \| 2 baths \| 1,224 sq.ft.	$270,000	Airbnb cash on cash: 8.21% Traditional cash on cash: 8.1% Airbnb Rental Income: $3915 Traditional Rental Income: $3048 Airbnb ROI: 8.21% Traditional ROI: 8.1%
26441 Winchester Ct Tehachapi, CA Brand new construction in Bear Valley Springs! This charming home features 3 bedrooms, 2 b...	3 beds \| 2 baths \| 1,624 sq.ft.	$429,000	Airbnb cash on cash: 9.3% Traditional cash on cash: 6.6% Airbnb Rental Income: $5670 Traditional Rental Income: $3451 Airbnb ROI: 9.3% Traditional ROI: 6.6%
21276 White Pine Dr Tehachapi, CA Looking for a Move-In-Ready Home in a gated community in Golden Hills West? Welcome to thi...	3 beds \| 2 baths \| 1,621 sq.ft.	$379,999	Airbnb cash on cash: 5.69% Traditional cash on cash: 7.54% Airbnb Rental Income: $3657 Traditional Rental Income: $3545 Airbnb ROI: 5.69% Traditional ROI: 7.54%
1438 Wild Olive Rd Tehachapi, CA Outstanding home located in the city limits of Tehachapi...convenient to shopping, schools...	4 beds \| 2 baths \| 2,812 sq.ft.	$509,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 7.42% Airbnb Rental Income: $1229 Traditional Rental Income: $4469 Airbnb ROI: -0.2% Traditional ROI: 7.42%
24300 Woodbine Ct Tehachapi, CA Nestled atop 12.48 private acres in gated Bear Valley Springs, this exceptional 3-bedroom,...	3 beds \| 2 baths \| 1,822 sq.ft.	$499,000	Airbnb cash on cash: 7.67% Traditional cash on cash: 6.2% Airbnb Rental Income: $5670 Traditional Rental Income: $3848 Airbnb ROI: 7.67% Traditional ROI: 6.2%
23960 El Rancho Dr Tehachapi, CA Welcome to your tranquil mountain retreat! This picturesque home offers unparalleled priva...	2 beds \| 2 baths \| 1,608 sq.ft.	$415,000	Airbnb cash on cash: 5.28% Traditional cash on cash: 2.16% Airbnb Rental Income: $3915 Traditional Rental Income: $1860 Airbnb ROI: 5.28% Traditional ROI: 2.16%
26201 Cumberland Road Tehachapi, CA Stunning turn-key, move-in ready two-story home nestled in the scenic beauty of Bear Valle...	4 beds \| 3 baths \| 2,508 sq.ft.	$515,000	Airbnb cash on cash: 9.81% Traditional cash on cash: 8.18% Airbnb Rental Income: $7258 Traditional Rental Income: $5075 Airbnb ROI: 9.81% Traditional ROI: 8.18%
23441 El Rancho Dr Tehachapi, CA 231 acres pos split 20 acre lots has legal guest house sep elec meter	3 beds \| 2 baths \| 3,033 sq.ft.	$2,000,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 0.29% Airbnb Rental Income: $3657 Traditional Rental Income: $4093 Airbnb ROI: -0.37% Traditional ROI: 0.29%
22390 William Tell Tehachapi, CA Escape to your very own mountain countryside retreat nestled in the Alpine Community, wher...	3 beds \| 2 baths \| 1,958 sq.ft.	$459,000	Airbnb cash on cash: 4.59% Traditional cash on cash: 2.86% Airbnb Rental Income: $3657 Traditional Rental Income: $2117 Airbnb ROI: 4.59% Traditional ROI: 2.86%
29801 Greenwater Dr Tehachapi, CA This is the one you have been waiting for! Spectacular Sweeping Views of Bear Valley and l...	5 beds \| 3 baths \| 3,264 sq.ft.	$769,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.38% Airbnb Rental Income: $null Traditional Rental Income: $6855 Airbnb ROI: N/A Traditional ROI: 7.38%
22730 Shenandoah Pl Tehachapi, CA Located on 5 acres in Bear Valley Springs gated community, experience unmatched beauty in ...	2 beds \| 1 baths \| 1,172 sq.ft.	$399,000	Airbnb cash on cash: 6.21% Traditional cash on cash: 6.19% Airbnb Rental Income: $3915 Traditional Rental Income: $3065 Airbnb ROI: 6.21% Traditional ROI: 6.19%
29570 Butterfield Way Tehachapi, CA Escape to your own private mountain retreat at 29570 Butterfield Rd in Tehachapi, nestled ...	3 beds \| 2 baths \| 2,326 sq.ft.	$499,900	Airbnb cash on cash: 7.52% Traditional cash on cash: 7.35% Airbnb Rental Income: $5670 Traditional Rental Income: $4458 Airbnb ROI: 7.52% Traditional ROI: 7.35%

Real Estate investment in Tehachapi, CA

There are 264 properties for sale in the city of Tehachapi . The median list price in Tehachapi is $393,015 and the average price per square foot is $191. In July 2026, the average monthly cash on cash return in Tehachapi is 7.00%. The average monthly rental income in Tehachapi is $3,451.

Tehachapi, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 264 investment properties available for sale in Tehachapi.

In 2026, the best neighborhood to buy investment property is Golden Hills.

The ROI for Long-Term is higher than the Short-Term in Tehachapi with average rental income of $3,451.

Your search for investment property begins and ends here

Investment Property for Sale in Tehachapi, CA

29600 Goldspike Rd

Tehachapi, CA

3 beds | 2 baths | 2,610 sq.ft.

$579,900

Airbnb cash on cash: 6.07%

Traditional cash on cash: 2.85%

Airbnb Rental Income: $5670

Traditional Rental Income: $2793

Airbnb ROI: 6.07%

Traditional ROI: 2.85%

25904 Bear Valley Road

Tehachapi, CA

3 beds | 3 baths | 2,462 sq.ft.

$649,999

Airbnb cash on cash: 5.24%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $5670

Traditional Rental Income: $3203

Airbnb ROI: 5.24%

Traditional ROI: 3.04%

23161 Lakeview Drive

Tehachapi, CA

4 beds | 3 baths | 2,905 sq.ft.

$599,990

Airbnb cash on cash: 8.18%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $7258

Traditional Rental Income: $3037

Airbnb ROI: 8.18%

Traditional ROI: 3.15%

20909 Ridgeway Drive

Tehachapi, CA

3 beds | 2 baths | 2,006 sq.ft.

$359,900

Airbnb cash on cash: 6.43%

Traditional cash on cash: 10.03%

Airbnb Rental Income: $3657

Traditional Rental Income: $4076

Airbnb ROI: 6.43%

Traditional ROI: 10.03%

22812 Retreat Place

Tehachapi, CA

3 beds | 3 baths | 1,849 sq.ft.

$469,999

Airbnb cash on cash: 4.53%

Traditional cash on cash: 6.85%

Airbnb Rental Income: $3657

Traditional Rental Income: $3878

Airbnb ROI: 4.53%

Traditional ROI: 6.85%

29801 S Lower Valley Rd

Tehachapi, CA

3 beds | 2 baths | 2,483 sq.ft.

$899,000

Airbnb cash on cash: 3.55%

Traditional cash on cash: 3.31%

Airbnb Rental Income: $5670

Traditional Rental Income: $4335

Airbnb ROI: 3.55%

Traditional ROI: 3.31%

805 Mulberry Street

Tehachapi, CA

4 beds | 2 baths | 2,143 sq.ft.

$475,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 6.63%

Airbnb Rental Income: $1229

Traditional Rental Income: $3819

Airbnb ROI: -0.09%

Traditional ROI: 6.63%

24281 Jacaranda Dr

Tehachapi, CA

3 beds | 2 baths | 2,156 sq.ft.

$550,000

Airbnb cash on cash: 6.52%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $5670

Traditional Rental Income: $4056

Airbnb ROI: 6.52%