
Tehachapi, CA 93561
This property presents a Strong Value Opportunity with a List Price of $390,000—positioned well below the $422,035 Fair Market Value by 7%. This valuation gap offers $32,035 in Instant Equity for buyers. Featuring 2x6 construction and a durable tile roof, the home has a Fair Condition Rating (5/10) and requires cosmetic updates. With a large 13,939 sqft lot and distant mountain views, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in Tehachapi.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22608 Mariposa Road Subject 3 bd · 3 ba · 1,978 sqft · $213 | $390,000* List Price | 3 | 3 | 1,978 | $213 | - |
A 22812 Retreat Place Sold 3 bd · 3 ba · 1,849 sqft · $253 · 0.2 mi | $467,000 | 3 | 3 | 1,849 | $253 | 0.2 mi |
B 22820 Mariposa Road Pending 3 bd · 2 ba · 1,883 sqft · $226 · 0.2 mi | $425,000 List Price | 3 | 2 | 1,883 | $226 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1990 (over 30 years old) and has been used as a rental since construction with no updates. The kitchen and bathrooms feature original, outdated finishes, and the listing explicitly states that work is needed throughout.
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 2x6 construction and a durable tile roof, providing superior structural integrity and better insulation than standard residential builds.
With nearly 2,000 square feet, the layout includes a dedicated den/office area and a large dining space, offering flexibility for families and remote professionals.
Having been used exclusively as a rental since 1990, the property requires various repairs and cosmetic updates throughout to bring it up to modern standards.
As the owner has never lived in the home, there may be a lack of the detailed maintenance and personal care typically associated with owner-occupied properties.
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 | 1,735.671 |
| Lot Size | 13,939 | 27,304.855 |
| Price | $390.0K | $441.3K |
| Price per sq ft | $197 | $266 |
| Built year | 1990 | 1995 |
| HOA | $0 | $1.5K |
| Days on market | 68 | 60 |
Sep 23, 2026
$390,000
$400,000
-2% Price Drop
Initial Listing
Aug 17, 2026
$400,000
Initial Listing