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 \| 3 baths \| 2,553 sq.ft.	$450,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 3.8% Airbnb Rental Income: $3915 Traditional Rental Income: $4822 Airbnb ROI: -0.35% Traditional ROI: 3.8%
23161 Lakeview Drive Tehachapi, CA *LIVE BEAUTIFULLY* Private Gated Tehachapi Estate w/ Over 2.5 Acres, A 3-Car Garage, ...	4 beds \| 2 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%
22812 Retreat Pl 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.	$484,999	Airbnb cash on cash: 4.34% Traditional cash on cash: 6.59% Airbnb Rental Income: $3657 Traditional Rental Income: $3878 Airbnb ROI: 4.34% Traditional ROI: 6.59%
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%
25601 Paramount Dr Tehachapi, CA Welcome to your Dream Retreat! Pride of ownership is evident in this stunning 3B/2B + loft...	3 beds \| 2 baths \| 2,744 sq.ft.	$685,000	Airbnb cash on cash: 5.01% Traditional cash on cash: 4.39% Airbnb Rental Income: $5670 Traditional Rental Income: $4140 Airbnb ROI: 5.01% Traditional ROI: 4.39%
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%
28881 Shannon Ct Tehachapi, CA Welcome to Fairway Oaks! This beautifully updated 2-bedroom, 2-bath condo offers low-maint...	2 beds \| 2 baths \| 1,148 sq.ft.	$250,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 9.97% Airbnb Rental Income: $1194 Traditional Rental Income: $2897 Airbnb ROI: 1.12% Traditional ROI: 9.97%
805 Mulberry St Tehachapi, CA **Turnkey 4 Bed Home w/ Solar + Battery \| 2017 Build \| Prime Location close to Parks & Dow...	4 beds \| 2 baths \| 2,143 sq.ft.	$485,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 6.46% Airbnb Rental Income: $1229 Traditional Rental Income: $3819 Airbnb ROI: -0.12% Traditional ROI: 6.46%
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.	$498,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 6.83% Airbnb Rental Income: $1445 Traditional Rental Income: $4090 Airbnb ROI: 0.23% Traditional ROI: 6.83%
1450 S Green St Tehachapi, CA Beautiful 4-bedroom, 3-bath home in the heart of Tehachapi! Conveniently located in town, ...	4 beds \| 2 baths \| 2,478 sq.ft.	$530,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 7.12% Airbnb Rental Income: $1229 Traditional Rental Income: $4460 Airbnb ROI: -0.19% Traditional ROI: 7.12%
30771 Fox Ridge Ct Tehachapi, CA Nothing wrong with the house, seller decrease the price to get it sell! Welcome to this c...	2 beds \| 2 baths \| 1,836 sq.ft.	$464,000	Airbnb cash on cash: 4.67% Traditional cash on cash: 6.11% Airbnb Rental Income: $3915 Traditional Rental Income: $3698 Airbnb ROI: 4.67% Traditional ROI: 6.11%
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.	$599,900	Airbnb cash on cash: 5.81% Traditional cash on cash: 2.25% Airbnb Rental Income: $5670 Traditional Rental Income: $2540 Airbnb ROI: 5.81% Traditional ROI: 2.25%
20381 Old Town Rd Tehachapi, CA Turn-Key Home! This Gorgeous Home is 3 bedrooms, 3 bathrooms PLUS an office, 2 Car garage ...	3 beds \| 3 baths \| 1,990 sq.ft.	$499,900	Airbnb cash on cash: 4.16% Traditional cash on cash: 7.33% Airbnb Rental Income: $3657 Traditional Rental Income: $4343 Airbnb ROI: 4.16% Traditional ROI: 7.33%
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%
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%
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.	$729,900	Airbnb cash on cash: 6.72% Traditional cash on cash: 5.99% Airbnb Rental Income: $7258 Traditional Rental Income: $5363 Airbnb ROI: 6.72% Traditional ROI: 5.99%
30420 Starland Drive 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.	$585,000	Airbnb cash on cash: 5.94% Traditional cash on cash: 2.5% Airbnb Rental Income: $5670 Traditional Rental Income: $2655 Airbnb ROI: 5.94% Traditional ROI: 2.5%
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%
21510 Shirley Dr Tehachapi, CA 21510 Shirley Dr, Tehachapi, CA 93561 \| Single Family Residential	3 beds \| 2 baths \| 1,515 sq.ft.	$465,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 6.65% Airbnb Rental Income: $1221 Traditional Rental Income: $3751 Airbnb ROI: -0.07% Traditional ROI: 6.65%
18073 Water Canyon Rd Tehachapi, CA MOUNTAIN RETREAT. This mountaintop retreat sits on over 70 acres and features 2 large bedr...	3 beds \| 2 baths \| 1,570 sq.ft.	$650,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 4.24% Airbnb Rental Income: $1221 Traditional Rental Income: $3731 Airbnb ROI: -0.54% Traditional ROI: 4.24%
114 Chaparrel Street Tehachapi, CA Location. Layout. Potential. Blair Ranch sets the stage for this 3BD/1.75BA + office home...	3 beds \| 1 baths \| 1,551 sq.ft.	$359,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 8.06% Airbnb Rental Income: $1221 Traditional Rental Income: $3400 Airbnb ROI: 0.43% Traditional ROI: 8.06%
1438 Wild Olive Rd Tehachapi, CA OPEN HOUSE 04/18/2026 12-2PM...Outstanding home located in the city limits of Tehachapi......	4 beds \| 2 baths \| 2,812 sq.ft.	$554,900	Airbnb cash on cash: -0.32% Traditional cash on cash: 6.69% Airbnb Rental Income: $1229 Traditional Rental Income: $4469 Airbnb ROI: -0.32% Traditional ROI: 6.69%
24300 Woodbine Court 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%
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: -0.37% 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%
18400 Branding Iron Ct Tehachapi, CA Explore this beautifully maintained, move-in-ready home on almost 1/3-acre corner lot in t...	3 beds \| 2 baths \| 1,514 sq.ft.	$403,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 7.4% Airbnb Rental Income: $1445 Traditional Rental Income: $3550 Airbnb ROI: 0.69% Traditional ROI: 7.4%
27100 Barkes Way Tehachapi, CA Welcome to this peaceful home nestled in the quiet community of Bear Valley Springs, featu...	3 beds \| 2 baths \| 2,054 sq.ft.	$545,000	Airbnb cash on cash: 6.57% Traditional cash on cash: 2.93% Airbnb Rental Income: $5670 Traditional Rental Income: $2680 Airbnb ROI: 6.57% Traditional ROI: 2.93%
906 Mulberry St Tehachapi, CA Tehachapi the land of Four Seasons! You will love this split wing, 3 bedroom, 2 bath with ...	3 beds \| 2 baths \| 1,710 sq.ft.	$429,900	Airbnb cash on cash: 0.07% Traditional cash on cash: 6.99% Airbnb Rental Income: $1221 Traditional Rental Income: $3615 Airbnb ROI: 0.07% Traditional ROI: 6.99%
53 Meadow Lakes Dr Tehachapi, CA This is a MUST SEE!!!Here's your opportunity to own this Bear Valley Springs stand alone c...	2 beds \| 2 baths \| 1,224 sq.ft.	$279,900	Airbnb cash on cash: 8.98% Traditional cash on cash: 8.34% Airbnb Rental Income: $3915 Traditional Rental Income: $2905 Airbnb ROI: 8.98% Traditional ROI: 8.34%
29201 Angus Ct Tehachapi, CA This amazing park-like property boasts a spacious 2,500 sq ft 3-bed, 2-bath home in a beau...	4 beds \| 3 baths \| 3,301 sq.ft.	$849,000	Airbnb cash on cash: 5.54% Traditional cash on cash: 5.7% Airbnb Rental Income: $7258 Traditional Rental Income: $5992 Airbnb ROI: 5.54% Traditional ROI: 5.7%
20601 Ridgecrest Drive Tehachapi, CA Where Simplicity Shines! Tucked at the end of a quiet cul-de-sac with beautiful mountain v...	3 beds \| 2 baths \| 1,037 sq.ft.	$348,000	Airbnb cash on cash: 6.71% Traditional cash on cash: 6.74% Airbnb Rental Income: $3657 Traditional Rental Income: $2868 Airbnb ROI: 6.71% Traditional ROI: 6.74%
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 \| 2 baths \| 1,325 sq.ft.	$380,000	Airbnb cash on cash: 6.61% Traditional cash on cash: 6.41% Airbnb Rental Income: $3915 Traditional Rental Income: $3003 Airbnb ROI: 6.61% Traditional ROI: 6.41%
23301 Reindeer Dr Tehachapi, CA Story Book Charmer... Magnificent Mountain Retreat!~ Excellent Potential for Horses ~ Addi...	4 beds \| 5 baths \| 3,541 sq.ft.	$985,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 8.16% Airbnb Rental Income: $7258 Traditional Rental Income: $9221 Airbnb ROI: 4.49% Traditional ROI: 8.16%
17041 Summers Drive Tehachapi, CA INCREDIBLE OPPORTUNITTY KNOCKING ON YOUR DOOR!!! This magnificent (off- grid) with almost ...	4 beds \| 2 baths \| 2,694 sq.ft.	$509,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 4.43% Airbnb Rental Income: $1229 Traditional Rental Income: $3042 Airbnb ROI: -0.2% Traditional ROI: 4.43%
30101 Greenwater Dr Tehachapi, CA Beautiful Bear Valley Springs home located on the Valley Floor!!!This 3/2, plus office, 1...	3 beds \| 2 baths \| 1,846 sq.ft.	$550,000	Airbnb cash on cash: 6.89% Traditional cash on cash: 5.55% Airbnb Rental Income: $5670 Traditional Rental Income: $3848 Airbnb ROI: 6.89% Traditional ROI: 5.55%
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.	$450,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.12% Airbnb Rental Income: $1445 Traditional Rental Income: $2570 Airbnb ROI: 0.43% Traditional ROI: 4.12%
17600 Ascot Court Tehachapi, CA Beyond the Expected! Nestled in Stallion Springs on a private corner, this 1,886 SF gem of...	3 beds \| 1 baths \| 1,886 sq.ft.	$532,500	Airbnb cash on cash: 0.1% Traditional cash on cash: 6.13% Airbnb Rental Income: $1445 Traditional Rental Income: $4018 Airbnb ROI: 0.1% Traditional ROI: 6.13%

Real Estate investment in Tehachapi, CA

There are 228 properties for sale in the city of Tehachapi . The median list price in Tehachapi is $190,000 and the average price per square foot is $90. In May 2026, the average monthly cash on cash return in Tehachapi is 8.00%. The average monthly rental income in Tehachapi is $1,617.

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

There are 228 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

26840 Medicine Bow Ct

Tehachapi, CA

2 beds | 3 baths | 2,553 sq.ft.

$450,000

Airbnb cash on cash: -0.35%

Traditional cash on cash: 3.8%

Airbnb Rental Income: $3915

Traditional Rental Income: $4822

Airbnb ROI: -0.35%

Traditional ROI: 3.8%

23161 Lakeview Drive

Tehachapi, CA

4 beds | 2 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%

22812 Retreat Pl

Tehachapi, CA

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

$484,999

Airbnb cash on cash: 4.34%

Traditional cash on cash: 6.59%

Airbnb Rental Income: $3657

Traditional Rental Income: $3878

Airbnb ROI: 4.34%

Traditional ROI: 6.59%

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%

25601 Paramount Dr

Tehachapi, CA

3 beds | 2 baths | 2,744 sq.ft.

$685,000

Airbnb cash on cash: 5.01%

Traditional cash on cash: 4.39%

Airbnb Rental Income: $5670

Traditional Rental Income: $4140

Airbnb ROI: 5.01%

Traditional ROI: 4.39%

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%

28881 Shannon Ct

Tehachapi, CA

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

$250,000

Airbnb cash on cash: 1.12%

Traditional cash on cash: 9.97%

Airbnb Rental Income: $1194

Traditional Rental Income: $2897

Airbnb ROI: 1.12%

Traditional ROI: 9.97%

805 Mulberry St

Tehachapi, CA

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

$485,000

Airbnb cash on cash: -0.12%

Traditional cash on cash: 6.46%

Airbnb Rental Income: $1229

Traditional Rental Income: $3819

Airbnb ROI: -0.12%