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
511 D St Tehachapi, CA Welcome to 511 D Street, a beautifully remodeled condominium offering 3 bedrooms, 2.5 bath...	3 beds \| 2 baths \| 1,464 sq.ft.	$539,900	Airbnb cash on cash: -1.18% Traditional cash on cash: 5.14% Airbnb Rental Income: $1221 Traditional Rental Income: $4015 Airbnb ROI: -1.18% Traditional ROI: 5.14%
22812 Retreat Place 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.	$469,999	Airbnb cash on cash: 4.53% Traditional cash on cash: 6.85% Airbnb Rental Income: $3657 Traditional Rental Income: $3878 Airbnb ROI: 4.53% Traditional ROI: 6.85%
29801 S Lower Valley Road Tehachapi, CA Exceptional Equestrian Estate in Prestigious Bear Valley SpringsNEW PRICE!Discover the ult...	3 beds \| 3 baths \| 2,483 sq.ft.	$899,000	Airbnb cash on cash: 3.55% Traditional cash on cash: 3.31% Airbnb Rental Income: $5670 Traditional Rental Income: $4335 Airbnb ROI: 3.55% Traditional ROI: 3.31%
17681 Dike Court 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.	$479,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 7.16% Airbnb Rental Income: $1445 Traditional Rental Income: $4090 Airbnb ROI: 0.3% Traditional ROI: 7.16%
1450 S Green Street Tehachapi, CA Beautiful 4-bedroom, 3-bath home in the heart of Tehachapi! Conveniently located in town, ...	4 beds \| 3 baths \| 2,478 sq.ft.	$520,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 7.28% Airbnb Rental Income: $1229 Traditional Rental Income: $4460 Airbnb ROI: -0.18% Traditional ROI: 7.28%
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%
26931 Columbia Way Tehachapi, CA Great Horse Property Located close to the Equestrian Center on the Valley Floor! Wonderfu...	3 beds \| 3 baths \| 2,000 sq.ft.	$665,000	Airbnb cash on cash: 5.1% Traditional cash on cash: 2.95% Airbnb Rental Income: $5670 Traditional Rental Income: $3204 Airbnb ROI: 5.1% Traditional ROI: 2.95%
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.	$475,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 9.29% Airbnb Rental Income: $1221 Traditional Rental Income: $5003 Airbnb ROI: -0.1% Traditional ROI: 9.29%
825 Aspen Drive Tehachapi, CA Cute, Cute, Lots of Curb appeal! Small but mighty home in the Tehachapi area is ready for ...	2 beds \| 1 baths \| 1,116 sq.ft.	$335,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.01% Airbnb Rental Income: $1004 Traditional Rental Income: $1594 Airbnb ROI: 0.01% Traditional ROI: 3.01%
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%
23921 Parke Court Tehachapi, CA Experience authentic Spanish-style living in the heart of Bear Valley Springs with this cu...	3 beds \| 3 baths \| 2,586 sq.ft.	$624,900	Airbnb cash on cash: 5.52% Traditional cash on cash: 6.48% Airbnb Rental Income: $5670 Traditional Rental Income: $5096 Airbnb ROI: 5.52% Traditional ROI: 6.48%
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.	$394,900	Airbnb cash on cash: 5.69% Traditional cash on cash: 7.54% Airbnb Rental Income: $3657 Traditional Rental Income: $3545 Airbnb ROI: 5.69% Traditional ROI: 7.54%
1438 Wild Olive Road Tehachapi, CA Outstanding home located in the city limits of Tehachapi...convenient to shopping, schools...	4 beds \| 3 baths \| 2,812 sq.ft.	$539,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 6.93% Airbnb Rental Income: $1229 Traditional Rental Income: $4469 Airbnb ROI: -0.28% Traditional ROI: 6.93%
26201 Cumberland Road Tehachapi, CA Stunning turn-key, move-in ready two-story home nestled in the scenic beauty of Bear Valle...	4 beds \| 3 baths \| 2,508 sq.ft.	$525,000	Airbnb cash on cash: 9.59% Traditional cash on cash: 7.99% Airbnb Rental Income: $7258 Traditional Rental Income: $5075 Airbnb ROI: 9.59% Traditional ROI: 7.99%
22390 William Tell Tehachapi, CA Escape to your very own mountain countryside retreat nestled in the Alpine Community, wher...	3 beds \| 3 baths \| 1,958 sq.ft.	$469,000	Airbnb cash on cash: 4.45% Traditional cash on cash: 2.77% Airbnb Rental Income: $3657 Traditional Rental Income: $2117 Airbnb ROI: 4.45% Traditional ROI: 2.77%
29801 Greenwater Drive Tehachapi, CA This is the one you have been waiting for! Spectacular Sweeping Views of Bear Valley and l...	4 beds \| 4 baths \| 3,264 sq.ft.	$799,900	Airbnb cash on cash: 5.98% Traditional cash on cash: 7.32% Airbnb Rental Income: $7258 Traditional Rental Income: $6855 Airbnb ROI: 5.98% Traditional ROI: 7.32%
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.	$499,900	Airbnb cash on cash: 7.52% Traditional cash on cash: 7.35% Airbnb Rental Income: $5670 Traditional Rental Income: $4458 Airbnb ROI: 7.52% Traditional ROI: 7.35%
324 Peach Blossom Lane Tehachapi, CA Gorgeous corner lot, 4 bedroom, 2.5 bath home located in one of the most desirable neighbo...	4 beds \| 3 baths \| 1,729 sq.ft.	$489,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 5.98% Airbnb Rental Income: $1229 Traditional Rental Income: $3630 Airbnb ROI: -0.13% Traditional ROI: 5.98%
53 Meadow Lakes Drive 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 Court Tehachapi, CA Income Producing Property!This amazing park-like property boasts a spacious 2,500 sq ft 3-...	4 beds \| 3 baths \| 3,301 sq.ft.	$829,000	Airbnb cash on cash: 5.71% Traditional cash on cash: 5.88% Airbnb Rental Income: $7258 Traditional Rental Income: $5992 Airbnb ROI: 5.71% Traditional ROI: 5.88%
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.	$399,999	Airbnb cash on cash: 2.69% Traditional cash on cash: 1.23% Airbnb Rental Income: $2576 Traditional Rental Income: $1412 Airbnb ROI: 2.69% Traditional ROI: 1.23%
11657 Rocky Ct Tehachapi, CA This property has mobile home on a permitted foundation. There is another mobile home on t...	2 beds \| 1 baths \| 720 sq.ft.	$300,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 3.18% Airbnb Rental Income: $1004 Traditional Rental Income: $1361 Airbnb ROI: 0.65% Traditional ROI: 3.18%
23500 Lakeview Drive Tehachapi, CA ***Gate Pass required for entry- To attend open house on 6/14, Contact listing agent prior...	3 beds \| 2 baths \| 1,205 sq.ft.	$414,950	Airbnb cash on cash: 9.21% Traditional cash on cash: 3.3% Airbnb Rental Income: $5670 Traditional Rental Income: $2238 Airbnb ROI: 9.21% Traditional ROI: 3.3%
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.	$449,000	Airbnb cash on cash: 8.29% Traditional cash on cash: 2.33% Airbnb Rental Income: $5670 Traditional Rental Income: $2032 Airbnb ROI: 8.29% Traditional ROI: 2.33%
23781 Port Royal Court Tehachapi, CA Reimagined and Refined! Perfectly positioned on the coveted valley floor of Bear Valley Sp...	4 beds \| 3 baths \| 2,257 sq.ft.	$575,000	Airbnb cash on cash: 8.6% Traditional cash on cash: 2.03% Airbnb Rental Income: $7258 Traditional Rental Income: $2335 Airbnb ROI: 8.6% Traditional ROI: 2.03%
600 Las Colinas Street Tehachapi, CA Dry Creek Bungalow - Tract Home ReimaginedWelcome to a true vision of loveliness where tho...	3 beds \| 2 baths \| 1,360 sq.ft.	$455,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.76% Airbnb Rental Income: $1221 Traditional Rental Income: $2016 Airbnb ROI: -0.03% Traditional ROI: 2.76%
212 Artina Court Tehachapi, CA SELLER WILLING TO OFFER BUYER CONCESSIONS WITH AN ACCEPTABLE OFFER! Modern farmhouse style...	4 beds \| 2 baths \| 2,127 sq.ft.	$565,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 3.2% Airbnb Rental Income: $1229 Traditional Rental Income: $2710 Airbnb ROI: -0.35% Traditional ROI: 3.2%
29960 Caddy Lane Tehachapi, CA Welcome to this beautifully maintained 3-bedroom, 2-bath home nestled on the valley floor ...	3 beds \| 2 baths \| 1,696 sq.ft.	$429,900	Airbnb cash on cash: 8.76% Traditional cash on cash: 3.73% Airbnb Rental Income: $5670 Traditional Rental Income: $2509 Airbnb ROI: 8.76% Traditional ROI: 3.73%
26941 Stirrup Way Tehachapi, CA Your Everyday Escape!Welcome to this beautifully designed Bear Valley Springs retreat, whe...	3 beds \| 3 baths \| 2,399 sq.ft.	$489,500	Airbnb cash on cash: 7.5% Traditional cash on cash: 7.57% Airbnb Rental Income: $5670 Traditional Rental Income: $4568 Airbnb ROI: 7.5% Traditional ROI: 7.57%
27400 Oakflat Drive Tehachapi, CA Modern Comfort Meets Mountain Charm on Oakflat DriveWith over 3,000 sq ft of living space ...	4 beds \| 4 baths \| 3,000 sq.ft.	$649,000	Airbnb cash on cash: 7.46% Traditional cash on cash: 2.74% Airbnb Rental Income: $7258 Traditional Rental Income: $3005 Airbnb ROI: 7.46% Traditional ROI: 2.74%
23200 Grimsel Drive Tehachapi, CA Ultimate Off-Grid Mountain Living: Massive Workshop & Unobstructed Panoramic View!!!Escape...	3 beds \| 2 baths \| 1,560 sq.ft.	$350,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 9.19% Airbnb Rental Income: $1445 Traditional Rental Income: $3691 Airbnb ROI: 1.05% Traditional ROI: 9.19%
28551 Bear Valley Road Tehachapi, CA Unmatched Value! Welcome to elevated country living in the gated community of Bear Valley ...	4 beds \| 2 baths \| 2,346 sq.ft.	$579,000	Airbnb cash on cash: 8.07% Traditional cash on cash: 6.25% Airbnb Rental Income: $7258 Traditional Rental Income: $4872 Airbnb ROI: 8.07% Traditional ROI: 6.25%
2 Village Ln Tehachapi, CA Concerned about HOA costs? The seller is offering a credit equal to 6 months of HOA condo ...	2 beds \| 2 baths \| 1,240 sq.ft.	$210,000	Airbnb cash on cash: 6.25% Traditional cash on cash: 5.36% Airbnb Rental Income: $3915 Traditional Rental Income: $2897 Airbnb ROI: 6.25% Traditional ROI: 5.36%
23251 Dart Drive Tehachapi, CA As Close to Perfection as it Gets!This elegant and delightful home has so much to offer! Y...	4 beds \| 3 baths \| 2,335 sq.ft.	$617,000	Airbnb cash on cash: 7.38% Traditional cash on cash: 4.67% Airbnb Rental Income: $7258 Traditional Rental Income: $4297 Airbnb ROI: 7.38% Traditional ROI: 4.67%
25841 Remington Tehachapi, CA Welcome to 25841 Remington Court, a beautifully appointed mountain retreat nestled within ...	3 beds \| 3 baths \| 1,990 sq.ft.	$575,000	Airbnb cash on cash: 6.05% Traditional cash on cash: 4.55% Airbnb Rental Income: $5670 Traditional Rental Income: $3728 Airbnb ROI: 6.05% Traditional ROI: 4.55%
28841 Delaware Drive Tehachapi, CA Welcome to this charming single-story home nestled in the peaceful community of Stallion S...	3 beds \| 2 baths \| 1,724 sq.ft.	$440,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 8.09% Airbnb Rental Income: $1445 Traditional Rental Income: $4169 Airbnb ROI: 0.43% Traditional ROI: 8.09%
28221 Cumberland Road Tehachapi, CA Extraordinary Bear Valley Springs Estate - Views, Privacy & Separate Guest QuartersThis st...	5 beds \| 5 baths \| 5,072 sq.ft.	$1,275,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.61% Airbnb Rental Income: $null Traditional Rental Income: $10196 Airbnb ROI: N/A Traditional ROI: 6.61%
30100 Sunland Way Tehachapi, CA Where Moments Happen! Tucked inside the desirable gated community of Bear Valley Springs, ...	3 beds \| 2 baths \| 2,902 sq.ft.	$585,000	Airbnb cash on cash: 5.43% Traditional cash on cash: 5.34% Airbnb Rental Income: $5670 Traditional Rental Income: $4489 Airbnb ROI: 5.43% Traditional ROI: 5.34%
1300 W Valley Blvd Tehachapi, CA Unlock the potential for this last undeveloped parcel on CA-202 in Tehachapi city limits o...	2 beds \| 1 baths \| 1,560 sq.ft.	$1,042,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 1.26% Airbnb Rental Income: $1004 Traditional Rental Income: $3016 Airbnb ROI: -1.18% Traditional ROI: 1.26%
30730 Fox Ridge Court Tehachapi, CA Your Hilltop Haven! Perched atop 3.86 private acres in the beautiful, gated community of B...	4 beds \| 3 baths \| 2,646 sq.ft.	$649,800	Airbnb cash on cash: 7.31% Traditional cash on cash: 6.41% Airbnb Rental Income: $7258 Traditional Rental Income: $5312 Airbnb ROI: 7.31% Traditional ROI: 6.41%

Real Estate investment in Tehachapi, CA

There are 112 properties for sale in the city of Tehachapi . The median list price in Tehachapi is $396,795 and the average price per square foot is $202. In June 2026, the average monthly cash on cash return in Tehachapi is 7.00%. The average monthly rental income in Tehachapi is $3,733.

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

There are 112 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 $3,733.

Your search for investment property begins and ends here

Investment Property for Sale in Tehachapi, CA

511 D St

Tehachapi, CA

3 beds | 2 baths | 1,464 sq.ft.

$539,900

Airbnb cash on cash: -1.18%

Traditional cash on cash: 5.14%

Airbnb Rental Income: $1221

Traditional Rental Income: $4015

Airbnb ROI: -1.18%

Traditional ROI: 5.14%

22812 Retreat Place

Tehachapi, CA

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

$469,999

Airbnb cash on cash: 4.53%

Traditional cash on cash: 6.85%

Airbnb Rental Income: $3657

Traditional Rental Income: $3878

Airbnb ROI: 4.53%

Traditional ROI: 6.85%

29801 S Lower Valley Road

Tehachapi, CA

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

$899,000

Airbnb cash on cash: 3.55%

Traditional cash on cash: 3.31%

Airbnb Rental Income: $5670

Traditional Rental Income: $4335

Airbnb ROI: 3.55%

Traditional ROI: 3.31%

17681 Dike Court

Tehachapi, CA

3 beds | 2 baths | 2,101 sq.ft.

$479,000

Airbnb cash on cash: 0.3%

Traditional cash on cash: 7.16%

Airbnb Rental Income: $1445

Traditional Rental Income: $4090

Airbnb ROI: 0.3%

Traditional ROI: 7.16%

1450 S Green Street

Tehachapi, CA

4 beds | 3 baths | 2,478 sq.ft.

$520,000

Airbnb cash on cash: -0.18%

Traditional cash on cash: 7.28%

Airbnb Rental Income: $1229

Traditional Rental Income: $4460

Airbnb ROI: -0.18%

Traditional ROI: 7.28%

23580 Timberline Way

Tehachapi, CA

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%

26931 Columbia Way

Tehachapi, CA

3 beds | 3 baths | 2,000 sq.ft.

$665,000

Airbnb cash on cash: 5.1%

Traditional cash on cash: 2.95%

Airbnb Rental Income: $5670

Traditional Rental Income: $3204

Airbnb ROI: 5.1%

Traditional ROI: 2.95%

19180 Siskiyou Dr

Tehachapi, CA

3 beds | 4 baths | 1,940 sq.ft.

$475,000

Airbnb cash on cash: -0.1%

Traditional cash on cash: 9.29%

Airbnb Rental Income: $1221

Traditional Rental Income: $5003

Airbnb ROI: -0.1%