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...	3 beds \| 2 baths \| 2,610 sq.ft.	$559,900	Airbnb cash on cash: 6.34% Traditional cash on cash: 3.01% Airbnb Rental Income: $5670 Traditional Rental Income: $2793 Airbnb ROI: 6.34% Traditional ROI: 3.01%
24320 Silver Creek Way Tehachapi, CA Come home to towering sequoias, mountain beauty, and space to spread out. Set on approxima...	3 beds \| 3 baths \| 2,849 sq.ft.	$665,000	Airbnb cash on cash: 5.11% Traditional cash on cash: 6.07% Airbnb Rental Income: $5670 Traditional Rental Income: $5135 Airbnb ROI: 5.11% Traditional ROI: 6.07%
28881 Shannon Court Tehachapi, CA Enjoy scenic Stallion Springs Living in this beautifully refreshed 2-beedroom, 2-bath cond...	2 beds \| 2 baths \| 1,148 sq.ft.	$249,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 10.02% Airbnb Rental Income: $1029 Traditional Rental Income: $2897 Airbnb ROI: 0.54% Traditional ROI: 10.02%
18050 Bold Venture Drive Tehachapi, CA Stallion Springs Beauty!! Spacious 3 bed, 2 bath home. Living and family room, Pellet Stov...	3 beds \| 2 baths \| 1,653 sq.ft.	$419,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 7.36% Airbnb Rental Income: $2289 Traditional Rental Income: $3680 Airbnb ROI: 2.38% Traditional ROI: 7.36%
19720 Kid Place Tehachapi, CA Welcome to 19720 Kid Pl, a move-in-ready 3-bedroom, 2-bathroom home situated on an expansi...	3 beds \| 2 baths \| 1,692 sq.ft.	$399,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 6.14% Airbnb Rental Income: $1797 Traditional Rental Income: $3054 Airbnb ROI: 1.49% Traditional ROI: 6.14%
21430 Santa Maria Dr Tehachapi, CA Welcome to this delightful & desirable Golden Hills home. This is the one you've been wait...	3 beds \| 2 baths \| 1,380 sq.ft.	$349,900	Airbnb cash on cash: 1.94% Traditional cash on cash: 4.75% Airbnb Rental Income: $1797 Traditional Rental Income: $2231 Airbnb ROI: 1.94% Traditional ROI: 4.75%
21208 Madre Street Tehachapi, CA ASSUMABLE VA LOAN 3.125%. Located in Golden Hills, this inviting 3-bedroom, 2-bathroom hom...	3 beds \| 2 baths \| 1,760 sq.ft.	$399,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 7.55% Airbnb Rental Income: $1797 Traditional Rental Income: $3574 Airbnb ROI: 1.49% Traditional ROI: 7.55%
26820 Stirrup Way Tehachapi, CA Tucked away on over 1.5 acres, this property offers a rare combination of privacy, natural...	3 beds \| 2 baths \| 1,846 sq.ft.	$459,000	Airbnb cash on cash: 8.12% Traditional cash on cash: 5.29% Airbnb Rental Income: $5670 Traditional Rental Income: $3320 Airbnb ROI: 8.12% Traditional ROI: 5.29%
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.	$468,000	Airbnb cash on cash: 8.39% Traditional cash on cash: 9.46% Airbnb Rental Income: $5670 Traditional Rental Income: $5003 Airbnb ROI: 8.39% Traditional ROI: 9.46%
110 Clearview Court Tehachapi, CA Welcome to this move-in ready family home, ideally situated on a cul-de-sac with an oversi...	4 beds \| 4 baths \| 2,160 sq.ft.	$539,900	Airbnb cash on cash: 9.67% Traditional cash on cash: 8.35% Airbnb Rental Income: $7258 Traditional Rental Income: $5193 Airbnb ROI: 9.67% Traditional ROI: 8.35%
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: 0.44% Traditional cash on cash: 6.11% Airbnb Rental Income: $2289 Traditional Rental Income: $5918 Airbnb ROI: 0.44% Traditional ROI: 6.11%
19800 Luana Drive Tehachapi, CA Welcome to this clean, turnkey 3-bedroom, 2-bathroom home on a generously sized corner lot...	3 beds \| 2 baths \| 1,584 sq.ft.	$399,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 7.94% Airbnb Rental Income: $1797 Traditional Rental Income: $3675 Airbnb ROI: 1.61% Traditional ROI: 7.94%
16930 Grindelwald Drive Tehachapi, CA Discover your own slice of paradise with this stunning off-the-grid home located in the se...	3 beds \| 3 baths \| 2,564 sq.ft.	$450,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 9.14% Airbnb Rental Income: $2289 Traditional Rental Income: $4665 Airbnb ROI: 2.14% Traditional ROI: 9.14%
1401 Wild Olive Road Tehachapi, CA **$15,000 seller credit toward buyer's rate buydown and/or closing costs with acceptable o...	4 beds \| 3 baths \| 3,093 sq.ft.	$529,900	Airbnb cash on cash: 9.89% Traditional cash on cash: 7.64% Airbnb Rental Income: $7258 Traditional Rental Income: $4748 Airbnb ROI: 9.89% Traditional ROI: 7.64%
21500 Circle Drive 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: 1.86% Traditional cash on cash: 3.95% Airbnb Rental Income: $1797 Traditional Rental Income: $2091 Airbnb ROI: 1.86% Traditional ROI: 3.95%
18201 Bowie Street Tehachapi, CA This home is a dream come true! This 3BR/1.75BA home sits on .47ac on a corner lot! It has...	3 beds \| 2 baths \| 1,890 sq.ft.	$499,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 6.4% Airbnb Rental Income: $2289 Traditional Rental Income: $3907 Airbnb ROI: 1.72% Traditional ROI: 6.4%
5 Meadow Lakes Drive Tehachapi, CA Mountain Charm. Modern Upgrades. Resort-Style Living!Discover an exceptional opportunity t...	2 beds \| 2 baths \| 1,224 sq.ft.	$249,999	Airbnb cash on cash: 9.99% Traditional cash on cash: 9.89% Airbnb Rental Income: $3915 Traditional Rental Income: $3048 Airbnb ROI: 9.99% Traditional ROI: 9.89%
21276 White Pine Drive Tehachapi, CA Golden Highlands a quaint gated community in Golden Hills West.This well kept secret where...	3 beds \| 2 baths \| 1,547 sq.ft.	$375,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 8.03% Airbnb Rental Income: $1797 Traditional Rental Income: $3545 Airbnb ROI: 1.67% Traditional ROI: 8.03%
23960 El Rancho Drive Tehachapi, CA Mountain Retreat in Prestigious Bear Valley Springs - Secluded Views & Modern Comforts Dis...	2 beds \| 2 baths \| 1,608 sq.ft.	$399,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 2.29% Airbnb Rental Income: $986 Traditional Rental Income: $1860 Airbnb ROI: -0.99% Traditional ROI: 2.29%
23940 Coral Springs Lane Tehachapi, CA Welcome to Bear Valley Springs living at its easiest. This well-maintained 3-bedroom, 2-ba...	3 beds \| 2 baths \| 1,460 sq.ft.	$399,000	Airbnb cash on cash: 9.59% Traditional cash on cash: 7.13% Airbnb Rental Income: $5670 Traditional Rental Income: $3617 Airbnb ROI: 9.59% Traditional ROI: 7.13%
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: -1.21% Traditional cash on cash: 0.29% Airbnb Rental Income: $1797 Traditional Rental Income: $4093 Airbnb ROI: -1.21% Traditional ROI: 0.29%
22801 Fran Drive Tehachapi, CA Special Seller Incentive! Don't let current interest rates hold you back! Seller is offe...	3 beds \| 2 baths \| 2,500 sq.ft.	$575,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 6.5% Airbnb Rental Income: $1797 Traditional Rental Income: $4526 Airbnb ROI: 0.51% Traditional ROI: 6.5%
30151 Garces Court Tehachapi, CA Cape Cod Charm in Beautiful Bear Valley Springs! Charming, Inviting & Full of Character Yo...	3 beds \| 3 baths \| 3,522 sq.ft.	$547,000	Airbnb cash on cash: 6.69% Traditional cash on cash: 7.92% Airbnb Rental Income: $5670 Traditional Rental Income: $5166 Airbnb ROI: 6.69% Traditional ROI: 7.92%
29380 Surrey Way Tehachapi, CA Are you searching for a mountain retreat with stunning views? This 3-bedroom, 1.75-bathroo...	3 beds \| 2 baths \| 1,690 sq.ft.	$420,000	Airbnb cash on cash: 9.12% Traditional cash on cash: 6.65% Airbnb Rental Income: $5670 Traditional Rental Income: $3564 Airbnb ROI: 9.12% Traditional ROI: 6.65%
206 Meadowbrook Court Tehachapi, CA Charming single-story home tucked away on a quiet cul-de-sac in the heart of Tehachapi. Th...	2 beds \| 1 baths \| 862 sq.ft.	$299,999	Airbnb cash on cash: 8.8% Traditional cash on cash: 6.76% Airbnb Rental Income: $3915 Traditional Rental Income: $2497 Airbnb ROI: 8.8% Traditional ROI: 6.76%
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.	$414,900	Airbnb cash on cash: 9.24% Traditional cash on cash: 9.04% Airbnb Rental Income: $5670 Traditional Rental Income: $4458 Airbnb ROI: 9.24% Traditional ROI: 9.04%
18295 Alps Drive Tehachapi, CA Escape to peaceful mountain living in this charming 2-bedroom, 2-bath home surrounded by m...	2 beds \| 2 baths \| 1,079 sq.ft.	$309,830	Airbnb cash on cash: -0.38% Traditional cash on cash: 7% Airbnb Rental Income: $986 Traditional Rental Income: $2785 Airbnb ROI: -0.38% Traditional ROI: 7%
21403 Tamaron Drive Tehachapi, CA Sweeping Brite Valley panoramas & refined country living converge at this exceptional Teha...	5 beds \| 3 baths \| 2,679 sq.ft.	$859,714	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $4476 Airbnb ROI: N/A Traditional ROI: 3.72%
20000 Bald Mountain Drive Tehachapi, CA Welcome to your Mediterranean oasis! This impeccably kept house is 2210 square foot. This ...	4 beds \| 2 baths \| 2,210 sq.ft.	$598,500	Airbnb cash on cash: 5.47% Traditional cash on cash: 5.47% Airbnb Rental Income: $5186 Traditional Rental Income: $4128 Airbnb ROI: 5.47% Traditional ROI: 5.47%
1453 Ponderosa Drive Tehachapi, CA Stunning 4-Bedroom Home on a Quiet Street with Breathtaking Mountain Views in Tehachapi We...	4 beds \| 3 baths \| 2,812 sq.ft.	$585,000	Airbnb cash on cash: 8.8% Traditional cash on cash: 6.2% Airbnb Rental Income: $7258 Traditional Rental Income: $4441 Airbnb ROI: 8.8% Traditional ROI: 6.2%
20601 Country Club Drive Tehachapi, CA Here is your chance for a fantastic opportunity to own a newer construction home in the de...	4 beds \| 2 baths \| 1,894 sq.ft.	$480,000	Airbnb cash on cash: 7.24% Traditional cash on cash: 6.42% Airbnb Rental Income: $5186 Traditional Rental Income: $3764 Airbnb ROI: 7.24% Traditional ROI: 6.42%
29691 Rollingoak Drive Tehachapi, CA Bear Valley Springs Horse Property with Views! Ideally located near the heart of the commu...	3 beds \| 2 baths \| 1,836 sq.ft.	$460,000	Airbnb cash on cash: 8.09% Traditional cash on cash: 5.38% Airbnb Rental Income: $5670 Traditional Rental Income: $3371 Airbnb ROI: 8.09% Traditional ROI: 5.38%
28050 Black Gold Way Tehachapi, CA Hobbies, Horses and Outdoor Living! This beautifully updated Bear Valley Springs home offe...	3 beds \| 2 baths \| 2,148 sq.ft.	$565,000	Airbnb cash on cash: 6.27% Traditional cash on cash: 5.16% Airbnb Rental Income: $5670 Traditional Rental Income: $3951 Airbnb ROI: 6.27% Traditional ROI: 5.16%
22100 Park Drive Tehachapi, CA Tucked into the quiet backside of West Golden Hills, this two-story mountain cabin sits am...	4 beds \| 2 baths \| 2,026 sq.ft.	$455,000	Airbnb cash on cash: 7.73% Traditional cash on cash: 7.63% Airbnb Rental Income: $5186 Traditional Rental Income: $4089 Airbnb ROI: 7.73% Traditional ROI: 7.63%
29801 Skyline Drive Tehachapi, CA Discover peaceful mountain living in the heart of Bear Valley Springs--where every day fee...	1 beds \| 1 baths \| 810 sq.ft.	$389,999	Airbnb cash on cash: 2.8% Traditional cash on cash: 1.31% Airbnb Rental Income: $2576 Traditional Rental Income: $1412 Airbnb ROI: 2.8% Traditional ROI: 1.31%
28211 Seabiscuit Way Tehachapi, CA Welcome to this exceptional Stallion Springs home offering space, privacy, thoughtful desi...	4 beds \| 3 baths \| 2,836 sq.ft.	$699,000	Airbnb cash on cash: 7.09% Traditional cash on cash: 2.86% Airbnb Rental Income: $7258 Traditional Rental Income: $3099 Airbnb ROI: 7.09% Traditional ROI: 2.86%
19801 Star Court Tehachapi, CA East Golden Hills Gem - Peaceful 1.16-Acre Retreat Tucked away at the end of a quiet cul-d...	4 beds \| 2 baths \| 1,712 sq.ft.	$470,000	Airbnb cash on cash: 7.99% Traditional cash on cash: 4.94% Airbnb Rental Income: $5186 Traditional Rental Income: $2791 Airbnb ROI: 7.99% Traditional ROI: 4.94%
25631 High Rock Court Tehachapi, CA Located in the gated community of Bear Valley Springs, this beautifully updated home sits ...	3 beds \| 2 baths \| 1,352 sq.ft.	$418,000	Airbnb cash on cash: 9.02% Traditional cash on cash: 2.63% Airbnb Rental Income: $5670 Traditional Rental Income: $2032 Airbnb ROI: 9.02% Traditional ROI: 2.63%

Real Estate investment in Tehachapi, CA

There are 169 properties for sale in the city of Tehachapi . The median list price in Tehachapi is $418,801 and the average price per square foot is $204. In November 2026, the average monthly cash on cash return in Tehachapi is 7.00%. The average monthly rental income in Tehachapi is $3,712.

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

There are 169 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 $3,712.

Your search for investment property begins and ends here

Investment Property for Sale in Tehachapi, CA

29600 Goldspike Road

Tehachapi, CA

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

$559,900

Airbnb cash on cash: 6.34%

Traditional cash on cash: 3.01%

Airbnb Rental Income: $5670

Traditional Rental Income: $2793

Airbnb ROI: 6.34%

Traditional ROI: 3.01%

24320 Silver Creek Way

Tehachapi, CA

3 beds | 3 baths | 2,849 sq.ft.

$665,000

Airbnb cash on cash: 5.11%

Traditional cash on cash: 6.07%

Airbnb Rental Income: $5670

Traditional Rental Income: $5135

Airbnb ROI: 5.11%

Traditional ROI: 6.07%

28881 Shannon Court

Tehachapi, CA

2 beds | 2 baths | 1,148 sq.ft.

$249,000

Airbnb cash on cash: 0.54%

Traditional cash on cash: 10.02%

Airbnb Rental Income: $1029

Traditional Rental Income: $2897

Airbnb ROI: 0.54%

Traditional ROI: 10.02%

18050 Bold Venture Drive

Tehachapi, CA

3 beds | 2 baths | 1,653 sq.ft.

$419,900

Airbnb cash on cash: 2.38%

Traditional cash on cash: 7.36%

Airbnb Rental Income: $2289

Traditional Rental Income: $3680

Airbnb ROI: 2.38%

Traditional ROI: 7.36%

19720 Kid Place

Tehachapi, CA

3 beds | 2 baths | 1,692 sq.ft.

$399,900

Airbnb cash on cash: 1.49%

Traditional cash on cash: 6.14%

Airbnb Rental Income: $1797

Traditional Rental Income: $3054

Airbnb ROI: 1.49%

Traditional ROI: 6.14%

21430 Santa Maria Dr

Tehachapi, CA

3 beds | 2 baths | 1,380 sq.ft.

$349,900

Airbnb cash on cash: 1.94%

Traditional cash on cash: 4.75%

Airbnb Rental Income: $1797

Traditional Rental Income: $2231

Airbnb ROI: 1.94%

Traditional ROI: 4.75%

21208 Madre Street

Tehachapi, CA

3 beds | 2 baths | 1,760 sq.ft.

$399,000

Airbnb cash on cash: 1.49%

Traditional cash on cash: 7.55%

Airbnb Rental Income: $1797

Traditional Rental Income: $3574

Airbnb ROI: 1.49%

Traditional ROI: 7.55%

26820 Stirrup Way

Tehachapi, CA

3 beds | 2 baths | 1,846 sq.ft.

$459,000

Airbnb cash on cash: 8.12%

Traditional cash on cash: 5.29%

Airbnb Rental Income: $5670

Traditional Rental Income: $3320

Airbnb ROI: 8.12%