
Tehachapi, CA 93561
This property presents a High-Potential Investment Opportunity with a List Price of $309,000—positioned well below the $321,593 Fair Market Value by 3%. This valuation gap offers $12,593 in Instant Equity. Featuring a new roof and owned solar, the home maintains a Condition Rating of 4, though interior modernization is recommended. Its Downtown Tehachapi corner lot provides excellent walkability and outdoor utility via newly painted decks. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 302 W C Subject | $309,000* List Price | 3 | 1 | 1,064 | $302 | - |
A 1213 Alder Avenue Sold | $285,000 | 2 | 1 | 900 | $317 | 0.8 mi |
B 817 Oakwood Street Active | $299,000 List Price | 3 | 1 | 1,018 | $294 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1941, the property has received significant functional upgrades including a new roof and owned solar. However, the interior remains dated with wall-unit heating instead of central HVAC, and the overall aesthetic suggests the kitchen and bath require modernization to meet current market standards.
The property features a brand-new roof and owned solar panels, providing significant long-term utility savings and reducing immediate capital expenditure for the buyer.
Situated on a rare corner lot in the heart of Downtown Tehachapi, this home offers exceptional walkability to local dining, shopping, parks, and community events.
Freshly painted front and rear decks combined with a new concrete backyard slab create immediate, low-maintenance spaces for outdoor entertaining and relaxation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1064, other record living area = 864. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With three bedrooms but only one bathroom, the layout may present functional challenges for families and could impact competitive resale value.
Built in 1941, the home likely requires further cosmetic or functional interior updates to fully modernize the space beyond the recent structural improvements.
New roof, owned solar, and a rare opportunity to own a spacious corner lot in the heart of Downtown Tehachapi! This 3 bedroom, 1 bathroom home offers a great deal of value with a convenient in-town location close to restaurants, parks, shopping, community events, and freeway access. Inside, you'll find hard flooring throughout for easy cleaning and a designated laundry room for added functionality. Outside, the freshly painted front and rear decks and brand new concrete slab in the backyard create additional space to relax, entertain, or enjoy the outdoors. With some important updates already completed and room to make it your own, this property offers both potential and convenience in a sought-after downtown location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 1,064 | 1,850 | 5% |
| Lot Size | 6,098 | 22,651.1 | 3% |
| Price | $309.0K | $442.0K | 14% |
| Price per sq ft | $290 | $251 | 87% |
| Built year | 1941 | 1991 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 217 | 1% |
May 26, 2026
$309,000
Initial Listing
Jul 14, 2021
$217,000
Public Record