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
26840 Medicine Bow Ct Tehachapi, CA Are you ready to embrace a lifestyle of peace, tranquility, and picturesque views? Nestled...	2 beds \| N/A baths \| 2,553 sq.ft.	$473,250	Airbnb cash on cash: 4.93% Traditional cash on cash: 8.88% Airbnb Rental Income: $3915 Traditional Rental Income: $4822 Airbnb ROI: 4.93% Traditional ROI: 8.88%
29600 Goldspike Rd Tehachapi, CA Fabulous price improvement! Welcome to your fabulous Mountain home in the gated community...	2 beds \| 2 baths \| 2,610 sq.ft.	$599,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 2.72% Airbnb Rental Income: $3915 Traditional Rental Income: $2793 Airbnb ROI: 3.22% Traditional ROI: 2.72%
23740 Lakeview Dr Tehachapi, CA Location, location, location! ~ Large Detached Workshop ~ Beautiful A-frame home in Bear V...	2 beds \| 1 baths \| 1,364 sq.ft.	$395,000	Airbnb cash on cash: 5.79% Traditional cash on cash: 5.9% Airbnb Rental Income: $3915 Traditional Rental Income: $3115 Airbnb ROI: 5.79% Traditional ROI: 5.9%
29801 S Lower Valley Rd Tehachapi, CA Exceptional Equestrian Estate in Prestigious Bear Valley SpringsDiscover the ultimate hors...	3 beds \| 2 baths \| 2,483 sq.ft.	$925,000	Airbnb cash on cash: 3.4% Traditional cash on cash: 3.17% Airbnb Rental Income: $5670 Traditional Rental Income: $4335 Airbnb ROI: 3.4% Traditional ROI: 3.17%
438 Sherwood Pl Tehachapi, CA Welcome to this Great starter 2-story home located in a lovely street, offering 4-bedrooms...	4 beds \| 2 baths \| 1,641 sq.ft.	$388,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 5% Airbnb Rental Income: $1499 Traditional Rental Income: $2552 Airbnb ROI: 0.9% Traditional ROI: 5%
30401 Fox Ridge Ct Tehachapi, CA Enjoy Country living amongst your beautfiul Oak trees! There is a new roof, new septic tan...	3 beds \| 3 baths \| 2,608 sq.ft.	$599,000	Airbnb cash on cash: 6.19% Traditional cash on cash: 5.79% Airbnb Rental Income: $5670 Traditional Rental Income: $4311 Airbnb ROI: 6.19% Traditional ROI: 5.79%
24421 Pueblo Ct Tehachapi, CA Mountain Paradise Found Your Private Retreat Awaits!Where clean, fresh air meets stunning ...	4 beds \| 3 baths \| 2,516 sq.ft.	$595,000	Airbnb cash on cash: 8.72% Traditional cash on cash: 7.08% Airbnb Rental Income: $7258 Traditional Rental Income: $4951 Airbnb ROI: 8.72% Traditional ROI: 7.08%
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.	$560,000	Airbnb cash on cash: 6.37% Traditional cash on cash: 5.46% Airbnb Rental Income: $5670 Traditional Rental Income: $4056 Airbnb ROI: 6.37% Traditional ROI: 5.46%
26852 Trotter Dr Tehachapi, CA Mountain Top Retreat!! Seclusion and Privacy are just part of this amazing property perch...	2 beds \| 2 baths \| 2,252 sq.ft.	$499,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 5.95% Airbnb Rental Income: $1194 Traditional Rental Income: $3687 Airbnb ROI: -0.23% Traditional ROI: 5.95%
30771 Fox Ridge Ct Tehachapi, CA Nothing wrong with the house, seller decrease the price to get it sell! Welcome to this c...	3 beds \| 2 baths \| 1,836 sq.ft.	$469,000	Airbnb cash on cash: 7.94% Traditional cash on cash: 6.03% Airbnb Rental Income: $5670 Traditional Rental Income: $3698 Airbnb ROI: 7.94% Traditional ROI: 6.03%
18611 Mustang Dr Tehachapi, CA Unique is the only way to describe this one-of-a-kind beautiful home located on 1.48 acres...	3 beds \| 2 baths \| 3,154 sq.ft.	$579,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 7.96% Airbnb Rental Income: $1445 Traditional Rental Income: $5346 Airbnb ROI: -0.05% Traditional ROI: 7.96%
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.	$479,900	Airbnb cash on cash: 7.72% Traditional cash on cash: 4.34% Airbnb Rental Income: $5670 Traditional Rental Income: $3017 Airbnb ROI: 7.72% Traditional ROI: 4.34%
19720 Kid Pl Tehachapi, CA Sellers are moving on too soon - their move is your gain. Pride of ownership throughout, t...	3 beds \| N/A baths \| 1,692 sq.ft.	$414,900	Airbnb cash on cash: 5.36% Traditional cash on cash: 5.86% Airbnb Rental Income: $3657 Traditional Rental Income: $3054 Airbnb ROI: 5.36% Traditional ROI: 5.86%
9425 Tanganda Rd 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: 0.51% Traditional cash on cash: 7.4% Airbnb Rental Income: $1082 Traditional Rental Income: $2593 Airbnb ROI: 0.51% Traditional ROI: 7.4%
29900 Greenhorn Court Tehachapi, CA Experience some of the most breathtaking views in all of Tehachapi from this funky, fun, a...	2 beds \| 1 baths \| 1,301 sq.ft.	$349,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 6.81% Airbnb Rental Income: $1194 Traditional Rental Income: $2908 Airbnb ROI: 0.41% Traditional ROI: 6.81%
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%
19713 Brite Valley Rd Tehachapi, CA Enjoy the mountain views from this spacious home located in Golden Hills East. This spacio...	4 beds \| 2 baths \| 3,027 sq.ft.	$565,000	Airbnb cash on cash: 9.17% Traditional cash on cash: 7.39% Airbnb Rental Income: $7258 Traditional Rental Income: $4922 Airbnb ROI: 9.17% Traditional ROI: 7.39%
24626 Roberts Ave Tehachapi, CA Nestled against the beautiful foothills of Cummings Valley, custom built estate home on ap...	4 beds \| 3 baths \| 3,264 sq.ft.	$749,900	Airbnb cash on cash: 6.49% Traditional cash on cash: 5.78% Airbnb Rental Income: $7258 Traditional Rental Income: $5363 Airbnb ROI: 6.49% Traditional ROI: 5.78%
30420 Starland Dr Tehachapi, CA Welcome to 30420 Starland Dr, Tehachapi, CA 93561, a fully renovated 3-bedroom, 4-bathroom...	3 beds \| 4 baths \| 2,010 sq.ft.	$595,000	Airbnb cash on cash: 5.82% Traditional cash on cash: 2.44% Airbnb Rental Income: $5670 Traditional Rental Income: $2655 Airbnb ROI: 5.82% Traditional ROI: 2.44%
16930 Grindelwald Dr Tehachapi, CA 16930 Grindelwald Dr, Tehachapi, CA 93561 \| Single Family Residential	3 beds \| 2 baths \| 2,564 sq.ft.	$475,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 8.61% Airbnb Rental Income: $1445 Traditional Rental Income: $4665 Airbnb ROI: 0.4% Traditional ROI: 8.61%
30261 Knight Ct Tehachapi, CA Experience the pinnacle of high-country living in this stunning 2,357 sq. ft. residence, p...	3 beds \| 2 baths \| 2,357 sq.ft.	$565,000	Airbnb cash on cash: 6.28% Traditional cash on cash: 5.74% Airbnb Rental Income: $5670 Traditional Rental Income: $4255 Airbnb ROI: 6.28% Traditional ROI: 5.74%
18101 Ghost Town St Tehachapi, CA Beautifully upgraded home in the desirable Stallion Springs community featuring fully paid...	3 beds \| 2 baths \| 2,028 sq.ft.	$525,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 5.95% Airbnb Rental Income: $1445 Traditional Rental Income: $3877 Airbnb ROI: 0.12% Traditional ROI: 5.95%
114 Chaparrel St Tehachapi, CA Location. Layout. Potential. Blair Ranch sets the stage for this 3BD/1.75BA + office home ...	3 beds \| 2 baths \| 1,551 sq.ft.	$379,900	Airbnb cash on cash: 0.05% Traditional cash on cash: 7.52% Airbnb Rental Income: $1110 Traditional Rental Income: $3400 Airbnb ROI: 0.05% Traditional ROI: 7.52%
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 \| 1,627 sq.ft.	$399,990	Airbnb cash on cash: 5.6% Traditional cash on cash: 7.43% Airbnb Rental Income: $3657 Traditional Rental Income: $3545 Airbnb ROI: 5.6% Traditional ROI: 7.43%
29990 Horsethief Drive Tehachapi, CA Set on a beautiful .7 acre lot, this 1,904 sq. ft. home offers the perfect blend of comfor...	3 beds \| 2 baths \| 1,904 sq.ft.	$549,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 3.49% Airbnb Rental Income: $1445 Traditional Rental Income: $2786 Airbnb ROI: 0.04% Traditional ROI: 3.49%
18461 Santa Anita Street Tehachapi, CA Spacious 0.90-Acre property located in Stallion Springs, Tehachapi. Enjoy wide-open space,...	3 beds \| 2 baths \| 1,700 sq.ft.	$419,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 7.66% Airbnb Rental Income: $1445 Traditional Rental Income: $3790 Airbnb ROI: 0.6% Traditional ROI: 7.66%
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%
22801 Fran Dr Tehachapi, CA <div><span style=font-size: 10pt;=>SELLER MOTIVATED! Have you been looking for an unique e...	5 beds \| 2 baths \| 2,500 sq.ft.	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.84% Airbnb Rental Income: $null Traditional Rental Income: $4526 Airbnb ROI: N/A Traditional ROI: 5.84%
22311 Zurich Drive Tehachapi, CA Quick Close! Sellers offering a fast escrow, get into your new home sooner! Living in this...	3 beds \| 2 baths \| 1,520 sq.ft.	$390,000	Airbnb cash on cash: 5.98% Traditional cash on cash: 7.94% Airbnb Rental Income: $3657 Traditional Rental Income: $3574 Airbnb ROI: 5.98% Traditional ROI: 7.94%
25880 Skyline Drive Tehachapi, CA Take a walk through this beautiful custom ranch style home. Situated in majestic Bear Vall...	3 beds \| 4 baths \| 3,199 sq.ft.	$759,000	Airbnb cash on cash: 4.46% Traditional cash on cash: 6.11% Airbnb Rental Income: $5670 Traditional Rental Income: $5705 Airbnb ROI: 4.46% Traditional ROI: 6.11%
18249 Alps Dr Tehachapi, CA Come see this charming mountain custom home in Alpine Forest! Relax and enjoy the beautifu...	3 beds \| 2 baths \| 1,790 sq.ft.	$394,900	Airbnb cash on cash: 5.6% Traditional cash on cash: 8.02% Airbnb Rental Income: $3657 Traditional Rental Income: $3755 Airbnb ROI: 5.6% Traditional ROI: 8.02%
17161 Bold Venture Dr Tehachapi, CA Welcome home to the community of Stallion Springs, in Tehachapi CA!!! Land of Four Seasons...	3 beds \| 2 baths \| 1,904 sq.ft.	$499,900	Airbnb cash on cash: 0.22% Traditional cash on cash: 6.15% Airbnb Rental Income: $1445 Traditional Rental Income: $3788 Airbnb ROI: 0.22% Traditional ROI: 6.15%
21621 Golden Hills Blvd Tehachapi, CA Are you ready to own a beautiful turnkey home? Than this could be yours. Located less than...	2 beds \| N/A baths \| 1,325 sq.ft.	$385,000	Airbnb cash on cash: 6.5% Traditional cash on cash: 6.3% Airbnb Rental Income: $3915 Traditional Rental Income: $3003 Airbnb ROI: 6.5% Traditional ROI: 6.3%
28151 Preakness Dr Tehachapi, CA Adorable three-bedroom, two-bath home located in the desirable Stallion Springs community ...	3 beds \| N/A baths \| 1,382 sq.ft.	$369,900	Airbnb cash on cash: 0.9% Traditional cash on cash: 6.67% Airbnb Rental Income: $1445 Traditional Rental Income: $3017 Airbnb ROI: 0.9% Traditional ROI: 6.67%
23911 Coral Springs Ln Tehachapi, CA Where location and luxury meet! A brand new construction from Cornerstone Development. Loc...	3 beds \| 2 baths \| 2,300 sq.ft.	$725,000	Airbnb cash on cash: 4.82% Traditional cash on cash: 4.11% Airbnb Rental Income: $5670 Traditional Rental Income: $4057 Airbnb ROI: 4.82% Traditional ROI: 4.11%
17841 Hambletonian Dr Tehachapi, CA Move in Ready!Spectacular New Construction in stunning Stallion Springs! Approx 1892sf 3B/...	3 beds \| 2 baths \| 1,886 sq.ft.	$475,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.82% Airbnb Rental Income: $1445 Traditional Rental Income: $2570 Airbnb ROI: 0.32% Traditional ROI: 3.82%
18330 Basil Dr Tehachapi, CA Country Charm galore, Beautiful views of the mountains & old oak tree, Gorgeous Alpine For...	3 beds \| 2 baths \| 1,224 sq.ft.	$375,000	Airbnb cash on cash: 5.98% Traditional cash on cash: 3.62% Airbnb Rental Income: $3657 Traditional Rental Income: $2028 Airbnb ROI: 5.98% Traditional ROI: 3.62%
20000 Brite Valley Rd Tehachapi, CA Charming split level 3 bedroom home in Golden Hills East sitting on beautiful oak covered ...	3 beds \| 3 baths \| 1,659 sq.ft.	$440,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 3.12% Airbnb Rental Income: $3657 Traditional Rental Income: $2100 Airbnb ROI: 4.96% Traditional ROI: 3.12%
29620 Butterfield Way Tehachapi, CA Step into timeless charm with this stunning Spanish-style 3 bedroom, 2.5 bathroom home, be...	3 beds \| 2 baths \| 1,844 sq.ft.	$459,000	Airbnb cash on cash: 8.59% Traditional cash on cash: 3.66% Airbnb Rental Income: $5670 Traditional Rental Income: $2420 Airbnb ROI: 8.59% Traditional ROI: 3.66%
16810 Grindelwald Dr Tehachapi, CA Don't miss this home! Beautiful manufacture home rebuilt from the studs up in the early 19...	3 beds \| N/A baths \| 1,440 sq.ft.	$345,000	Airbnb cash on cash: 6.53% Traditional cash on cash: 9.63% Airbnb Rental Income: $3657 Traditional Rental Income: $3864 Airbnb ROI: 6.53% Traditional ROI: 9.63%

Real Estate investment in Tehachapi, CA

There are 217 properties for sale in the city of Tehachapi . The median list price in Tehachapi is $174,450 and the average price per square foot is $85. In March 2026, the average monthly cash on cash return in Tehachapi is 9.00%. The average monthly rental income in Tehachapi is $1,486.

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

There are 217 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 $1,486.

Your search for investment property begins and ends here

Investment Property for Sale in Tehachapi, CA

26840 Medicine Bow Ct

Tehachapi, CA

2 beds | N/A baths | 2,553 sq.ft.

$473,250

Airbnb cash on cash: 4.93%

Traditional cash on cash: 8.88%

Airbnb Rental Income: $3915

Traditional Rental Income: $4822

Airbnb ROI: 4.93%

Traditional ROI: 8.88%

29600 Goldspike Rd

Tehachapi, CA

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

$599,000

Airbnb cash on cash: 3.22%

Traditional cash on cash: 2.72%

Airbnb Rental Income: $3915

Traditional Rental Income: $2793

Airbnb ROI: 3.22%

Traditional ROI: 2.72%

23740 Lakeview Dr

Tehachapi, CA

2 beds | 1 baths | 1,364 sq.ft.

$395,000

Airbnb cash on cash: 5.79%

Traditional cash on cash: 5.9%

Airbnb Rental Income: $3915

Traditional Rental Income: $3115

Airbnb ROI: 5.79%

Traditional ROI: 5.9%

29801 S Lower Valley Rd

Tehachapi, CA

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

$925,000

Airbnb cash on cash: 3.4%

Traditional cash on cash: 3.17%

Airbnb Rental Income: $5670

Traditional Rental Income: $4335

Airbnb ROI: 3.4%

Traditional ROI: 3.17%

438 Sherwood Pl

Tehachapi, CA

4 beds | 2 baths | 1,641 sq.ft.

$388,000

Airbnb cash on cash: 0.9%

Traditional cash on cash: 5%

Airbnb Rental Income: $1499

Traditional Rental Income: $2552

Airbnb ROI: 0.9%

Traditional ROI: 5%

30401 Fox Ridge Ct

Tehachapi, CA

3 beds | 3 baths | 2,608 sq.ft.

$599,000

Airbnb cash on cash: 6.19%

Traditional cash on cash: 5.79%

Airbnb Rental Income: $5670

Traditional Rental Income: $4311

Airbnb ROI: 6.19%

Traditional ROI: 5.79%

24421 Pueblo Ct

Tehachapi, CA

4 beds | 3 baths | 2,516 sq.ft.

$595,000

Airbnb cash on cash: 8.72%

Traditional cash on cash: 7.08%

Airbnb Rental Income: $7258

Traditional Rental Income: $4951

Airbnb ROI: 8.72%

Traditional ROI: 7.08%

24281 Jacaranda Dr

Tehachapi, CA

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

$560,000

Airbnb cash on cash: 6.37%

Traditional cash on cash: 5.46%

Airbnb Rental Income: $5670

Traditional Rental Income: $4056

Airbnb ROI: 6.37%