
Tehachapi, CA 93561
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well below the $403,527 Fair Market Value by 0.87%. This $3,527 in Instant Equity supports a value-add strategy for this Fair Condition Rating asset. Featuring durable 2x6 construction, a tile roof, and a large 13,939 sqft lot, the home offers significant renovation upside. With pre-completed inspections, this is a clear-cut acquisition ideal for Buy-and-Hold Investors or Contractors seeking a project with verified structural integrity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22608 Mariposa Road Subject | $400,000* List Price | 3 | 3 | 1,978 | $204 | - |
A 22230 Bogie Street Sold | $355,000 | 3 | 2 | 1,360 | $261 | 1.0 mi |
B 22812 Retreat Place Pending | $469,999 List Price | 3 | 3 | 1,849 | $254 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990 (34+ years old) and used as a rental since construction with no recorded renovations. The listing explicitly states 'work is needed throughout,' and images show dated features like popcorn ceilings and original finishes. Per the criteria, properties over 30 years old needing rehab fall into the poor category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 1978.
The home features durable 2x6 construction and a long-lasting tile roof, providing superior structural integrity and better insulation than standard builds of its era.
With nearly 2,000 square feet of living space, including a dedicated den/office and a large 13,939 square foot lot, the property offers excellent functional flexibility for families or remote workers.
Having been used exclusively as a rental since its construction in 1990, the interior requires significant cosmetic updates and repairs throughout to meet modern market expectations.
The lack of owner-occupancy history often results in a lack of 'pride of ownership' upgrades, potentially leading to more extensive wear and tear than a typical primary residence.
Located in Golden Hills West Double Door entry and living room with fireplace. Dining area is large and has tile floors and ceiling fan. Kitchen has pantry and butcher block style counters. Laundry room off kitchen and also a half bath. There is a den/office area off the garage. 3 good size bedrooms all have carpet. Primary has full bath and two sliding closets. Guest bath is full bath and has tile floors. Tile roof and 2x6 construction. Bring your ideas and some work is needed throughout since it was a rental since being built. Owner had built for rental and has never lived in the home. Septic inspection, Roof inspection and termite inspection have all been done and even the home inspection.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-5 • 3.7 mi
Grades K-5 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,978 | 1,794 |
| Lot Size | 13,939 | 31,078 |
| Price | $400.0K | $448.0K |
| Price per sq ft | $202 | $263 |
| Built year | 1990 | 1995 |
| HOA | $0 | $1.3K |
| Days on market | 23 | 64 |
Aug 17, 2026
$400,000
Initial Listing