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 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%
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: 4.06% Traditional cash on cash: 5.9% Airbnb Rental Income: $3143 Traditional Rental Income: $3115 Airbnb ROI: 4.06% Traditional ROI: 5.9%
27501 Cumberland Rd Tehachapi, CA You can own the perfect horse ranch in Bear Valley Springs. Over 21 acres of pastures fenc...	5 beds \| 4 baths \| 4,561 sq.ft.	$1,350,000	Airbnb cash on cash: 2.2% Traditional cash on cash: 3.44% Airbnb Rental Income: $6293 Traditional Rental Income: $6607 Airbnb ROI: 2.2% Traditional ROI: 3.44%
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: 0.56% Traditional cash on cash: 3.17% Airbnb Rental Income: $2729 Traditional Rental Income: $4335 Airbnb ROI: 0.56% 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.	$398,000	Airbnb cash on cash: 8.91% Traditional cash on cash: 4.84% Airbnb Rental Income: $5112 Traditional Rental Income: $2552 Airbnb ROI: 8.91% Traditional ROI: 4.84%
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: 1.81% Traditional cash on cash: 5.79% Airbnb Rental Income: $2729 Traditional Rental Income: $4311 Airbnb ROI: 1.81% 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: 5.02% Traditional cash on cash: 7.08% Airbnb Rental Income: $4792 Traditional Rental Income: $4951 Airbnb ROI: 5.02% 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: 1.69% Traditional cash on cash: 5.46% Airbnb Rental Income: $2729 Traditional Rental Income: $4056 Airbnb ROI: 1.69% 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: 2.35% Traditional cash on cash: 6.03% Airbnb Rental Income: $2729 Traditional Rental Income: $3698 Airbnb ROI: 2.35% Traditional ROI: 6.03%
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 \| N/A baths \| 1,802 sq.ft.	$479,900	Airbnb cash on cash: 2.26% Traditional cash on cash: 4.34% Airbnb Rental Income: $2729 Traditional Rental Income: $3017 Airbnb ROI: 2.26% Traditional ROI: 4.34%
24180 Deertrail Dr 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.	$499,000	Airbnb cash on cash: 2.16% Traditional cash on cash: 2.8% Airbnb Rental Income: $2729 Traditional Rental Income: $2387 Airbnb ROI: 2.16% Traditional ROI: 2.8%
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.	$419,900	Airbnb cash on cash: 5.27% Traditional cash on cash: 5.77% Airbnb Rental Income: $3657 Traditional Rental Income: $3054 Airbnb ROI: 5.27% Traditional ROI: 5.77%
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: 4.22% Traditional cash on cash: 7.4% Airbnb Rental Income: $2298 Traditional Rental Income: $2593 Airbnb ROI: 4.22% Traditional ROI: 7.4%
21312 Stage Dr Tehachapi, CA Almost 1 acre in Golden Hills West! Settled among the oak trees and wildlife sits this wo...	3 beds \| 2 baths \| 1,585 sq.ft.	$435,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 6.12% Airbnb Rental Income: $3657 Traditional Rental Income: $3301 Airbnb ROI: 5.03% Traditional ROI: 6.12%
29681 Greenwater Dr Tehachapi, CA Beautiful magnificent oak filled property. Tranquility and beauty surround you in this ho...	4 beds \| 3 baths \| 2,160 sq.ft.	$499,000	Airbnb cash on cash: 6.2% Traditional cash on cash: 7.16% Airbnb Rental Income: $4792 Traditional Rental Income: $4255 Airbnb ROI: 6.2% Traditional ROI: 7.16%
22751 Saddleback Dr Tehachapi, CA Relax And Enjoy The Views! Just Off The Valley Floor, Overlooking The Valley And Cub Lake,...	4 beds \| 2 baths \| 1,881 sq.ft.	$499,900	Airbnb cash on cash: 5.89% Traditional cash on cash: 3.21% Airbnb Rental Income: $4792 Traditional Rental Income: $2553 Airbnb ROI: 5.89% Traditional ROI: 3.21%
23081 Lakeview Dr Tehachapi, CA Welcome to this beautifully updated single-story home in the highly desirable, gated commu...	4 beds \| 2 baths \| 2,042 sq.ft.	$510,000	Airbnb cash on cash: 5.74% Traditional cash on cash: 6.48% Airbnb Rental Income: $4792 Traditional Rental Income: $4153 Airbnb ROI: 5.74% Traditional ROI: 6.48%
26801 Cabriolet Ct Tehachapi, CA Incredible affordable opportunity here in Tehachapi's prestigious Bear Valley Springs sitt...	4 beds \| 2 baths \| 1,778 sq.ft.	$479,900	Airbnb cash on cash: 6.04% Traditional cash on cash: 6.36% Airbnb Rental Income: $4792 Traditional Rental Income: $3948 Airbnb ROI: 6.04% Traditional ROI: 6.36%
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%
22612 Mariposa Rd Tehachapi, CA *LIVE BEAUTIFULLY* Wow! You must come see this 3 bedroom, 2 bathroom, 1,600+ sq. ft. h...	3 beds \| 2 baths \| 1,624 sq.ft.	$439,000	Airbnb cash on cash: 4.97% Traditional cash on cash: 4.09% Airbnb Rental Income: $3657 Traditional Rental Income: $2496 Airbnb ROI: 4.97% Traditional ROI: 4.09%
30420 Starland Dr Tehachapi, CA Located high in the beautiful mountains outside Tehachapi. Wonderful views of the mountain...	3 beds \| 4 baths \| 2,010 sq.ft.	$595,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 2.44% Airbnb Rental Income: $2729 Traditional Rental Income: $2655 Airbnb ROI: 1.41% 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: 1.63% Traditional cash on cash: 5.75% Airbnb Rental Income: $2729 Traditional Rental Income: $4255 Airbnb ROI: 1.63% Traditional ROI: 5.75%
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 Dr 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%
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%
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%
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 \| 2 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%
30131 Starland Dr Tehachapi, CA First time on the market, this 3 bedroom, 3 bath multi-level home offers amazing views of ...	3 beds \| 3 baths \| 2,016 sq.ft.	$368,811	Airbnb cash on cash: 3.45% Traditional cash on cash: 9.34% Airbnb Rental Income: $2729 Traditional Rental Income: $4123 Airbnb ROI: 3.45% Traditional ROI: 9.34%
21508 Indian Wells Dr 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%
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: 1.19% Traditional cash on cash: 4.11% Airbnb Rental Income: $2729 Traditional Rental Income: $4057 Airbnb ROI: 1.19% Traditional ROI: 4.11%
22008 Tiny Ct Tehachapi, CA Located in desirable Golden Hills West is this 3 bedroom 2 bath home. It's on a tiny'' cul...	3 beds \| N/A baths \| 1,185 sq.ft.	$355,000	Airbnb cash on cash: 6.54% Traditional cash on cash: 2.69% Airbnb Rental Income: $3657 Traditional Rental Income: $1575 Airbnb ROI: 6.54% Traditional ROI: 2.69%
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%
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%
26551 Cumberland Rd Tehachapi, CA More Than Meets The Eye is what you will find in this fabulously designed, custom, luxurio...	5 beds \| 5 baths \| 5,011 sq.ft.	$1,225,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 3.16% Airbnb Rental Income: $6293 Traditional Rental Income: $5873 Airbnb ROI: 2.44% Traditional ROI: 3.16%
22980 San Juan Drive Dr Tehachapi, CA Investor alert! This home is ready and approved as a senior retirement living home! Huge s...	4 beds \| 2 baths \| 3,251 sq.ft.	$734,000	Airbnb cash on cash: 3.67% Traditional cash on cash: 2.92% Airbnb Rental Income: $4792 Traditional Rental Income: $3293 Airbnb ROI: 3.67% Traditional ROI: 2.92%

Real Estate investment in Tehachapi, CA

There are 189 properties for sale in the city of Tehachapi . The median list price in Tehachapi is $115,000 and the average price per square foot is $59. In February 2026, the average monthly cash on cash return in Tehachapi is 10.00%. The average monthly rental income in Tehachapi is $1,475.

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

There are 189 investment properties available for sale in Tehachapi.

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

The ROI for Short-Term is higher than the Long-Term in Tehachapi with average rental income of $2,371.

Your search for investment property begins and ends here

Investment Property for Sale in Tehachapi, CA

29600 Goldspike Rd

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%

23740 Lakeview Dr

Tehachapi, CA

2 beds | 1 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%

27501 Cumberland Rd

Tehachapi, CA

5 beds | 4 baths | 4,561 sq.ft.

$1,350,000

Airbnb cash on cash: 2.2%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $6293

Traditional Rental Income: $6607

Airbnb ROI: 2.2%

Traditional ROI: 3.44%

29801 S Lower Valley Rd

Tehachapi, CA

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

$925,000

Airbnb cash on cash: 0.56%

Traditional cash on cash: 3.17%

Airbnb Rental Income: $2729

Traditional Rental Income: $4335

Airbnb ROI: 0.56%

Traditional ROI: 3.17%

438 Sherwood Pl

Tehachapi, CA

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

$398,000

Airbnb cash on cash: 8.91%

Traditional cash on cash: 4.84%

Airbnb Rental Income: $5112

Traditional Rental Income: $2552

Airbnb ROI: 8.91%

Traditional ROI: 4.84%

30401 Fox Ridge Ct

Tehachapi, CA

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

$599,000

Airbnb cash on cash: 1.81%

Traditional cash on cash: 5.79%

Airbnb Rental Income: $2729

Traditional Rental Income: $4311

Airbnb ROI: 1.81%

Traditional ROI: 5.79%

24421 Pueblo Ct

Tehachapi, CA

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

$595,000

Airbnb cash on cash: 5.02%

Traditional cash on cash: 7.08%

Airbnb Rental Income: $4792

Traditional Rental Income: $4951

Airbnb ROI: 5.02%

Traditional ROI: 7.08%

24281 Jacaranda Dr

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%