
Tehachapi, CA 93561
Analysis of 18518 Pellisier Road, Tehachapi, CA 93561 is currently available with a list price of $1,200,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Tehachapi Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1989, the property is 35 years old, placing it in the Fair category based on age. While the listing describes the homes as well-maintained and turnkey with solar updates, the age of the structures suggests dated kitchens, baths, and systems that likely require minor updates to meet modern standards, though they do not yet require the full rehab associated with a Poor rating.
The property features three separate homes generating nearly $60,000 in annual rental income, offering immediate cash flow for investors or a subsidized lifestyle for owner-occupants.
Over 20 flat, usable acres zoned AG-Residential with full fencing, cross-fencing, and equestrian facilities, making it ideal for ranching, livestock, or future development.
With a combined 9 bedrooms and 7 bathrooms across three distinct residences, the estate provides a rare turnkey solution for large families or compound-style living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 9, other record bedroom count = 4.
Managing three separate structures built in 1989 along with extensive acreage and a private well system necessitates substantial ongoing maintenance and capital reserves.
The unique AG-Residential zoning and multi-unit configuration on large acreage may limit traditional financing options and narrow the pool of qualified buyers to niche agricultural investors.
Income-Producing AG-Residential Gem in Cummings Valley - Tehachapi, CA Discover this rare multi-family opportunity on over 20 flat, usable acres in the coveted Cummings Valley area of Tehachapi. Zoned AG-Residential, this turnkey income property features three well-maintained homes with a combined 5,458 sq ft of living space, generating just under $60,000 per year in rental income--perfect for investors, multi-generational families, or anyone seeking a peaceful country lifestyle with built-in cash flow. Main Home: Spacious 4 bedroom, 3 bathroom residence offering comfortable living and room for family or guests. Second Home: Cozy 3 bedroom, 2 bathroom home ideal for extended family or long-term tenants. Third Home: Charming 2 bedroom, 2 bathroom unit completing this versatile compound. The homes sit on beautifully maintained grounds that are fully fenced and cross-fenced, providing privacy and security while allowing for easy management of animals or separate pastures. A private well services all properties, ensuring reliable water for the homes, livestock, and land. Equestrian and small animal enthusiasts will love the existing horse facilities, additional barns, and multiple storage structures--plenty of room for livestock, equipment, hobbies, or future expansion. Wake up to stunning mountain and valley views from this peaceful setting. The flat topography makes the entire 20+ acres highly functional, whether you're running a small ranch operation, enjoying country living, or simply appreciating the wide-open space and fresh Tehachapi air. This property delivers the best of both worlds: immediate income from the existing rentals, strong long-term appreciation potential in a desirable AG-zoned area, and endless possibilities for personal use or further development. Whether you're looking to expand your investment portfolio or create a family compound with room to grow, this Cummings Valley estate checks every box.
No exterior & parking available.
No sensitive facilities data found.
Jul 14, 2026
$1,200,000
Initial Listing
Oct 12, 2022
$970,000
Public Record
Jan 14, 2004
$740,000
Public Record