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 Road 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: 2.07% Traditional cash on cash: 2.72% Airbnb Rental Income: $3143 Traditional Rental Income: $2793 Airbnb ROI: 2.07% Traditional ROI: 2.72%
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.	$699,000	Airbnb cash on cash: 1% Traditional cash on cash: 2.71% Airbnb Rental Income: $2729 Traditional Rental Income: $3203 Airbnb ROI: 1% Traditional ROI: 2.71%
20909 Ridgeway Drive Tehachapi, CA Charming 3-Bed, 2-Bath Home in West Golden Hills with Stunning Mountain ViewsWelcome to th...	3 beds \| 2 baths \| 2,006 sq.ft.	$379,900	Airbnb cash on cash: 6% Traditional cash on cash: 9.42% Airbnb Rental Income: $3657 Traditional Rental Income: $4076 Airbnb ROI: 6% Traditional ROI: 9.42%
23740 Lakeview Drive Tehachapi, CA Location, location, location! ~ Large Detached Workshop ~ Beautiful A-frame home in Bear ...	2 beds \| N/A baths \| 1,364 sq.ft.	$395,000	Airbnb cash on cash: 4.06% Traditional cash on cash: 5.9% Airbnb Rental Income: $3143 Traditional Rental Income: $3115 Airbnb ROI: 4.06% Traditional ROI: 5.9%
30508 Buckskin Drive Tehachapi, CA Eco-Friendly Sanctuary with Million-Dollar Views - 3,022 Sq Ft on 1.38 AcresExperience the...	3 beds \| 2 baths \| 3,022 sq.ft.	$599,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 6.67% Airbnb Rental Income: $1445 Traditional Rental Income: $4806 Airbnb ROI: -0.11% Traditional ROI: 6.67%
24140 Deertrail Drive Tehachapi, CA Here's the one you've been waiting for!! This beautiful Bear Valley home checks off all th...	4 beds \| 4 baths \| 2,504 sq.ft.	$650,000	Airbnb cash on cash: 4.05% Traditional cash on cash: 8.01% Airbnb Rental Income: $4792 Traditional Rental Income: $6207 Airbnb ROI: 4.05% Traditional ROI: 8.01%
24421 Pueblo Court Tehachapi, CA Mountain Paradise Found Your Private Retreat Awaits!Where clean, fresh air meets stunning...	3 beds \| 3 baths \| 2,516 sq.ft.	$595,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 7.08% Airbnb Rental Income: $2729 Traditional Rental Income: $4951 Airbnb ROI: 1.92% Traditional ROI: 7.08%
24281 Jacaranda Drive 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: 1.69% Traditional cash on cash: 5.46% Airbnb Rental Income: $2729 Traditional Rental Income: $4056 Airbnb ROI: 1.69% Traditional ROI: 5.46%
28840 Gleneagle Court Tehachapi, CA Welcome to 28840 Gleneagle Ct, tucked away in the peaceful Stallion Springs community of T...	3 beds \| 3 baths \| 2,052 sq.ft.	$489,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 7.52% Airbnb Rental Income: $1445 Traditional Rental Income: $4343 Airbnb ROI: 0.26% Traditional ROI: 7.52%
18611 Mustang Drive Tehachapi, CA Unique is the only way to describe this one-of-a-kind beautiful home located on 1.48 acres...	3 beds \| 3 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%
24180 Deertrail Drive Tehachapi, CA Welcome to 24180 Deertrail Dr, a warm and inviting home located on the Valley floor of Bea...	3 beds \| 2 baths \| 2,098 sq.ft.	$515,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 2.66% Airbnb Rental Income: $2729 Traditional Rental Income: $2387 Airbnb ROI: 2.04% Traditional ROI: 2.66%
26931 Columbia Way Tehachapi, CA Great Horse Property, surrounded by beautiful mountain views. Excellent location. Direct a...	3 beds \| 1 baths \| 2,000 sq.ft.	$639,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 3.14% Airbnb Rental Income: $2729 Traditional Rental Income: $3204 Airbnb ROI: 1.27% Traditional ROI: 3.14%
21104 Hillcrest Court Tehachapi, CA Golden Hills West with a Beautiful Brick FireplaceExperience the charm of Golden Hills Wes...	3 beds \| 2 baths \| 1,200 sq.ft.	$335,999	Airbnb cash on cash: 7% Traditional cash on cash: 7.57% Airbnb Rental Income: $3657 Traditional Rental Income: $3039 Airbnb ROI: 7% Traditional ROI: 7.57%
19180 SISKIYOU DR Tehachapi, CA $100,000 PRICE DROP!Welcome to this stunning 3-bedroom, 3.5-bathroom home nestled in the s...	3 beds \| 4 baths \| 1,940 sq.ft.	$475,000	Airbnb cash on cash: 3.56% Traditional cash on cash: 9.29% Airbnb Rental Income: $3172 Traditional Rental Income: $5003 Airbnb ROI: 3.56% Traditional ROI: 9.29%
23081 Lakeview Drive Tehachapi, CA Welcome to this beautifully updated single-story home in the highly desirable, gated commu...	4 beds \| 2 baths \| 2,042 sq.ft.	$520,000	Airbnb cash on cash: 5.6% Traditional cash on cash: 6.32% Airbnb Rental Income: $4792 Traditional Rental Income: $4153 Airbnb ROI: 5.6% Traditional ROI: 6.32%
22601 Sunrise Court Tehachapi, CA Step into your sanctuary in the desirable gated community of Bear Valley Springs nestled i...	3 beds \| 3 baths \| 3,061 sq.ft.	$489,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 4.31% Airbnb Rental Income: $2729 Traditional Rental Income: $2868 Airbnb ROI: 2.6% Traditional ROI: 4.31%
2546 E Park Lane Tehachapi, CA Excellent opportunity to own a very well -maaintaained 4-unit property situaated in aa con...	9 beds \| 8 baths \| 4,634 sq.ft.	$1,890,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 1.41% Airbnb Rental Income: $2729 Traditional Rental Income: $4859 Airbnb ROI: -0.02% Traditional ROI: 1.41%
18401 Pellisier Road Tehachapi, CA A rare and beautiful retreat where photos don't do it justice. This custom-built 3-bed, 13...	3 beds \| 2 baths \| 1,715 sq.ft.	$950,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 0.54% Airbnb Rental Income: $3172 Traditional Rental Income: $2123 Airbnb ROI: 0.92% Traditional ROI: 0.54%
22201 Mccarthy Drive Tehachapi, CA This adorable house has breathtaking views from every window! It's sitting on a huge corne...	3 beds \| 2 baths \| 1,083 sq.ft.	$374,500	Airbnb cash on cash: 6.12% Traditional cash on cash: 6.46% Airbnb Rental Income: $3657 Traditional Rental Income: $2981 Airbnb ROI: 6.12% Traditional ROI: 6.46%
17500 High Gun Drive Tehachapi, CA ***Welcome to this beautifully remodeled 3- bedroom, 2 bath home nestled on over an half-a...	3 beds \| 2 baths \| 1,296 sq.ft.	$349,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 7.9% Airbnb Rental Income: $1445 Traditional Rental Income: $3200 Airbnb ROI: 1.25% Traditional ROI: 7.9%
30261 Knight Court Tehachapi, CA Welcome to this warm and inviting 3-bedroom, 2-bathroom, 2,357 sq ft home on 1.12 acres in...	3 beds \| 2 baths \| 2,357 sq.ft.	$575,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 5.62% Airbnb Rental Income: $2729 Traditional Rental Income: $4255 Airbnb ROI: 1.58% Traditional ROI: 5.62%
27001 Medicine Bow Court Tehachapi, CA Welcome to Your Dream Mountain Retreat in Bear Valley!Nestled within the prestigious gated...	3 beds \| 2 baths \| 1,357 sq.ft.	$365,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 7.27% Airbnb Rental Income: $2729 Traditional Rental Income: $3383 Airbnb ROI: 3.48% Traditional ROI: 7.27%
21276 White Pine Drive 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.	$410,000	Airbnb cash on cash: 5.42% Traditional cash on cash: 7.2% Airbnb Rental Income: $3657 Traditional Rental Income: $3545 Airbnb ROI: 5.42% Traditional ROI: 7.2%
29990 Horsethief Drive Tehachapi, CA Set on a beautiful 7-acre lot, this 1,904 sq. ft. home offers the perfect blend of comfort...	3 beds \| 2 baths \| 1,904 sq.ft.	$559,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.4% Airbnb Rental Income: $1445 Traditional Rental Income: $2786 Airbnb ROI: 0.01% Traditional ROI: 3.4%
26201 Cumberland Road Tehachapi, CA Welcome to 26201 Cumberland Road in Tehachapi! This serene mountain dream home sits on 11....	4 beds \| 3 baths \| 2,508 sq.ft.	$530,000	Airbnb cash on cash: 9.5% Traditional cash on cash: 7.92% Airbnb Rental Income: $7258 Traditional Rental Income: $5075 Airbnb ROI: 9.5% Traditional ROI: 7.92%
23441 El Rancho Drive 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: -0.59% Traditional cash on cash: 0.29% Airbnb Rental Income: $3172 Traditional Rental Income: $4093 Airbnb ROI: -0.59% Traditional ROI: 0.29%
22311 Zurich Drive Tehachapi, CA Quick Close! Sellers offering a quick escrow, get into your new home sooner. Living in thi...	3 beds \| 2 baths \| 1,520 sq.ft.	$395,000	Airbnb cash on cash: 5.9% Traditional cash on cash: 7.83% Airbnb Rental Income: $3657 Traditional Rental Income: $3574 Airbnb ROI: 5.9% Traditional ROI: 7.83%
25880 Skyline Drive Tehachapi, CA Take a walk through this beautiful custom ranch style home. Situated in majestic Bear Vall...	4 beds \| 4 baths \| 3,199 sq.ft.	$759,000	Airbnb cash on cash: 3.43% Traditional cash on cash: 6.11% Airbnb Rental Income: $4792 Traditional Rental Income: $5705 Airbnb ROI: 3.43% Traditional ROI: 6.11%
24340 Willow Pass Drive Tehachapi, CA Simply Irresistible!!!Get Ready to be Enchanted! This property is located in the desirable...	3 beds \| 2 baths \| 1,500 sq.ft.	$389,000	Airbnb cash on cash: 3.71% Traditional cash on cash: 8.17% Airbnb Rental Income: $2729 Traditional Rental Income: $3713 Airbnb ROI: 3.71% Traditional ROI: 8.17%
23701 Crystal Lake Lane Tehachapi, CA Welcome to Bear Valley Springs living, where nature, comfort, and recreation come together...	3 beds \| N/A baths \| 1,962 sq.ft.	$575,500	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.1% Airbnb Rental Income: $2729 Traditional Rental Income: $3441 Airbnb ROI: 1.58% Traditional ROI: 4.1%
17161 Bold Venture Drive 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.	$510,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 5.99% Airbnb Rental Income: $1445 Traditional Rental Income: $3788 Airbnb ROI: 0.18% Traditional ROI: 5.99%
26120 Deertrail Drive Tehachapi, CA Stunning mountain views and the charm of a modern cabin! This Bear Valley Springs beauty i...	3 beds \| N/A baths \| 1,784 sq.ft.	$399,999	Airbnb cash on cash: 3.05% Traditional cash on cash: 7.55% Airbnb Rental Income: $2729 Traditional Rental Income: $3773 Airbnb ROI: 3.05% Traditional ROI: 7.55%
30140 Tuttle Court Tehachapi, CA Set high above the valley on almost 10 scenic acres, this truly one-of-a-kind Bear Valley ...	3 beds \| 3 baths \| 2,800 sq.ft.	$669,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 5.23% Airbnb Rental Income: $2729 Traditional Rental Income: $4645 Airbnb ROI: 1.13% Traditional ROI: 5.23%
29571 Jamaica Dunes Drive Tehachapi, CA Contemporary Golf course home! This spacious 3 bedroom, 2 bath custom home, located on the...	3 beds \| 2 baths \| 2,015 sq.ft.	$550,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 5.88% Airbnb Rental Income: $2729 Traditional Rental Income: $4204 Airbnb ROI: 1.75% Traditional ROI: 5.88%
24350 Deertrail Drive Tehachapi, CA Move In Ready and beautifully crafted, this Bristol - built home, showcases elegance and q...	4 beds \| 3 baths \| 2,227 sq.ft.	$625,000	Airbnb cash on cash: 4.29% Traditional cash on cash: 2.85% Airbnb Rental Income: $4792 Traditional Rental Income: $2963 Airbnb ROI: 4.29% Traditional ROI: 2.85%
21508 Indian Wells Drive Tehachapi, CA Nestled in the rolling hills of Golden Hills West, this 4-bedroom, 2-bath home is a rare b...	4 beds \| 2 baths \| 2,142 sq.ft.	$539,000	Airbnb cash on cash: 9.72% Traditional cash on cash: 6.53% Airbnb Rental Income: $7258 Traditional Rental Income: $4253 Airbnb ROI: 9.72% Traditional ROI: 6.53%
919 Golden West Ct Tehachapi, CA Charming starter home in Tehachapi! Perfect for first-time buyers, this lovely home featur...	3 beds \| 2 baths \| 1,136 sq.ft.	$350,000	Airbnb cash on cash: 5.43% Traditional cash on cash: 2.39% Airbnb Rental Income: $3172 Traditional Rental Income: $1456 Airbnb ROI: 5.43% Traditional ROI: 2.39%
18330 Basil Drive 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: 5.99% Traditional cash on cash: 3.62% Airbnb Rental Income: $3657 Traditional Rental Income: $2028 Airbnb ROI: 5.99% Traditional ROI: 3.62%
26750 El Camino Drive Tehachapi, CA A New Home for the Holidays!! A mountain retreat where family, warmth, and wonder come to...	3 beds \| 2 baths \| 2,123 sq.ft.	$460,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 8.35% Airbnb Rental Income: $2729 Traditional Rental Income: $4635 Airbnb ROI: 2.43% Traditional ROI: 8.35%
22611 Jerry Drive Tehachapi, CA Beautifully Renovated Home on Expansive Lot in Serene TehachapiWelcome to this beautif...	3 beds \| 2 baths \| 1,877 sq.ft.	$449,900	Airbnb cash on cash: 4.81% Traditional cash on cash: 3.85% Airbnb Rental Income: $3657 Traditional Rental Income: $2455 Airbnb ROI: 4.81% Traditional ROI: 3.85%

Real Estate investment in Tehachapi, CA

There are 116 properties for sale in the city of Tehachapi . The median list price in Tehachapi is $475,500 and the average price per square foot is $231. In December 2025, the average monthly cash on cash return in Tehachapi is 7.00%. The average monthly rental income in Tehachapi is $3,786.

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

There are 116 investment properties available for sale in Tehachapi.

In 2025, 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 $3,786.

Your search for investment property begins and ends here

Investment Property for Sale in Tehachapi, CA

29600 Goldspike Road

Tehachapi, CA

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

$599,000

Airbnb cash on cash: 2.07%

Traditional cash on cash: 2.72%

Airbnb Rental Income: $3143

Traditional Rental Income: $2793

Airbnb ROI: 2.07%

Traditional ROI: 2.72%

25904 Bear Valley Road

Tehachapi, CA

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

$699,000

Airbnb cash on cash: 1%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $2729

Traditional Rental Income: $3203

Airbnb ROI: 1%

Traditional ROI: 2.71%

20909 Ridgeway Drive

Tehachapi, CA

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

$379,900

Airbnb cash on cash: 6%

Traditional cash on cash: 9.42%

Airbnb Rental Income: $3657

Traditional Rental Income: $4076

Airbnb ROI: 6%

Traditional ROI: 9.42%

23740 Lakeview Drive

Tehachapi, CA

2 beds | N/A baths | 1,364 sq.ft.

$395,000

Airbnb cash on cash: 4.06%

Traditional cash on cash: 5.9%

Airbnb Rental Income: $3143

Traditional Rental Income: $3115

Airbnb ROI: 4.06%

Traditional ROI: 5.9%

30508 Buckskin Drive

Tehachapi, CA

3 beds | 2 baths | 3,022 sq.ft.

$599,000

Airbnb cash on cash: -0.11%

Traditional cash on cash: 6.67%

Airbnb Rental Income: $1445

Traditional Rental Income: $4806

Airbnb ROI: -0.11%

Traditional ROI: 6.67%

24140 Deertrail Drive

Tehachapi, CA

4 beds | 4 baths | 2,504 sq.ft.

$650,000

Airbnb cash on cash: 4.05%

Traditional cash on cash: 8.01%

Airbnb Rental Income: $4792

Traditional Rental Income: $6207

Airbnb ROI: 4.05%

Traditional ROI: 8.01%

24421 Pueblo Court

Tehachapi, CA

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

$595,000

Airbnb cash on cash: 1.92%

Traditional cash on cash: 7.08%

Airbnb Rental Income: $2729

Traditional Rental Income: $4951

Airbnb ROI: 1.92%

Traditional ROI: 7.08%

24281 Jacaranda Drive

Tehachapi, CA

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

$560,000

Airbnb cash on cash: 1.69%

Traditional cash on cash: 5.46%

Airbnb Rental Income: $2729

Traditional Rental Income: $4056

Airbnb ROI: 1.69%