10161 Evelyn Ave · California City, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 8/10 · Major
- Hot days now (above 101°F)
- 6 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 7/10 · Major
- Unhealthy air days now
- 13 days/yr
- Unhealthy air days in 30 yrs
- 15 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +17.0/30.0
- ARV discount +15.0/15.0
- Appreciation +10.0/10.0
- DSCR +5.3/10.0
- Rent growth +3.9/5.0
- 1% rule +3.7/10.0
- Condition / age +2.5/5.0
- Livability +2.2/5.0
- Schools +2.1/10.0
$240,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Home features 9' walls, granite countertops in kitchen, 4 bed and two bath. Ceramic tile in kitchen, dining room and bathrooms. Also includes Indoor laundry. Property is sold AS-IS. Buyer to verify all facts.
Key facts
- Solar
- Quarter acre lot
- Quiet neighborhood
Tags
Property features AI
Exterior
- Parking: Attached 2-car garage
- Utilities: Public water; Septic sewer; Natural gas
- Home design: Traditional single-story home; Facing not specified
- Construction: Stucco exterior; Composition shingle roof; Concrete slab foundation; Built on lot in Tract 2252; Zoned R1
- Exterior features: RV access possible; Contracted solar panels; Paved streets
Interior
- Kitchen: Dishwasher; Microwave; Gas oven
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central air
- Interior features: Family room; Fireplace in family room
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $240k.
Deal economics
- At list price, monthly cash flow is $163 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (12.7% below list).
- Recommended offer: $210k (12.7% below list) — sets the bar for 1% rule.
- Cap rate 7.1% vs local median 5.2% in California City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 44/100 on livability (#1,329 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: schools F, crime F, amenities F.
- Mojave Unified (town): math 25% / reading 25% proficiency, ranked #411 of 517 in CA (top 80%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+5.5%/yr); 703 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
- This rent runs 42% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $26k of equity ($2k loan paydown + $24k appreciation (10.0% local appreciation)).
- Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (10.0% appreciation + 5.5% rent growth), your $67k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 2, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
- 4 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $91k; list at $240k implies a 164% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.87% ✗
- Cap rate
- 7.11%
- Cash-on-cash
- 2.91%
- DSCR
- 1.13
- GRM
- 9.5
CMA / ARV
- ARV (on-the-fly)
- $336,804
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 9840 Margery Ave | 0.27mi | 3/2.0 | 1,625 (-2%) | 2mo | $275,000 | $169 | 83 |
| 9925 Irene Ave | 0.34mi | 3/2.5 | 1,750 (+6%) | 0mo | $280,000 | $160 | 72 |
| 21601 Adler | 0.27mi | 3/2.0 | 1,859 (+13%) | 1mo | $360,000 | $194 | 66 |
| 9701 Susan Ave | 0.52mi | 3/2.0 | 1,753 (+6%) | 3mo | $345,000 | $197 | 63 |
| 10611 Garibaldi Dr | 0.48mi | 3/2.0 | 1,500 (-9%) | 1mo | $175,000 | $117 | 62 |
| 10549 Camille Ct | 0.53mi | 3/2.0 | 1,508 (-9%) | 1mo | $319,000 | $212 | 60 |
| 21631 Sheridan Ct | 0.48mi | 4/2.0 (+1) | 1,792 (+8%) | 4mo | $389,000 | $217 | 55 |
| 9908 Susan Ave | 0.35mi | 4/2.0 (+1) | 1,429 (-13%) | 3mo | $320,000 | $224 | 54 |
| 9508 Evelyn Ave | 0.71mi | 3/2.0 | 1,475 (-11%) | 0mo | $300,000 | $203 | 49 |
| 21251 Calhoun Ct | 0.70mi | 3/2.0 | 1,429 (-13%) | 4mo | $330,000 | $231 | 42 |
| 21241 Calhoun Ct | 0.67mi | 4/2.0 (+1) | 1,429 (-13%) | 2mo | $323,000 | $226 | 39 |
| 21420 Reed Pl | 0.69mi | 4/3.0 (+1) | 1,858 (+12%) | 1mo | $379,900 | $204 | 37 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 5.45% rent growth · sell at horizon
- IRR
- 27.2%
- Equity multiple
- 3.18×
- Total profit
- $146,318
- Equity at exit
- $216,211
- IRR
- 24.4%
- Equity multiple
- 7.46×
- Total profit
- $434,435
- Equity at exit
- $466,267
Cash invested: $67,200 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 18 Strongly Tenant-Friendly
- State California
- 18 Strongly Tenant-Friendly · D+13
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 93505
- Home prices YoY
- 13.0%
- Rents YoY
- 5.5%
- Active inventory
- 703
- Price-to-rent
- 9.5×
Monthly cashflow live
- Estimated rent
- $2,096 high interval (Pro) →
- Mortgage (P&I)
- −$1,259
- Tax from tax record
- −$134 /mo · $1,607/yr
- Insurance
- −$100
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$440
- Net cashflow
- $163
Break-even live
Sensitivity live
| Price | -10% $299 | -5% $231 | +0% $163 | +5% $95 | +10% $27 |
|---|---|---|---|---|---|
| Rent | -10% $-2 | -5% $80 | +0% $163 | +5% $246 | +10% $329 |
| Rate | -1.0pp $284 | -0.5pp $224 | base $163 | +0.5pp $101 | +1.0pp $38 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $60,000
- Closing costs
- $7,200
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 10 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 10193 Evelyn Ave California City, CA | 3.0 | 2.0 | 1616 | $2,150 | $1.33 | 15d | 1 | 0.06mi |
| 21319 Conklin Ct California City, CA | 2.0 | 2.0 | 1816 | $2,200 | $1.21 | 45d | 1 | 0.58mi |
| 21235 Windsong St California City, CA | 3.0 | 3.0 | 1780 | $2,100 | $1.18 | 24d | 1 | 0.69mi |
| 9548 Sally Ave Unit B California City, CA | 3.0 | 2.5 | 1200 | $1,695 | $1.41 | 24d | 1 | 0.74mi |
| 21187 Conklin Blvd California City, CA | 3.0 | 2.0 | 1473 | $1,800 | $1.22 | 15d | 1 | 0.74mi |
| 9931 Putter Ct California City, CA | 3.0 | 2.0 | 1445 | $1,675 | $1.16 | 4d | 1 | 0.75mi |
| 9524 Sally Ave Unit C California City, CA | 2.0 | 1.5 | 1140 | $1,300 | $1.14 | 24d | 1 | 0.77mi |
| 21398 Baldwin Ln California City, CA | 4.0 | 2.0 | 1527 | $2,000 | $1.31 | 3d | 1 | 0.99mi |
| 9019 Evelyn Ave California City, CA | 4.0 | 2.0 | 1731 | $2,600 | $1.50 | 4d | 1 | 1.12mi |
| 21231 Corwin St California City, CA | 3.0 | 2.0 | 1632 | $2,500 | $1.53 | 24d | 1 | 1.40mi |
Listing history 8 events
-
2026-05-19$240,000 Active
-
2015-03-16historical
-
2009-03-17soldstatus $91,000 208-char remark
Show marketing remark (208 chars)
Home features 9' walls, granite countertops in kitchen, 4 bed and two bath. Ceramic tile in kitchen, dining room and bathrooms. Also includes Indoor laundry. Property is sold AS-IS. Buyer to verify all facts.
-
2008-11-10$94,900 208-char remark
Show marketing remark (208 chars)
Home features 9' walls, granite countertops in kitchen, 4 bed and two bath. Ceramic tile in kitchen, dining room and bathrooms. Also includes Indoor laundry. Property is sold AS-IS. Buyer to verify all facts.
-
2008-03-13$124,000
-
2006-08-11soldstatus $262,500
-
2006-03-09$254,900
-
2004-11-22soldstatus $9,500
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast CA · Resets to sale price
- Current annual tax
- $1,607 · $134/mo
- Projected year-2 tax
- $1,824 · $152/mo
- Expected delta
- +$217/yr (+$18/mo · 13.5%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 8/10 Severe 6 d/yr ≥101°F today · 15 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 7/10 Severe 13 unhealthy d/yr today · 15 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $25,148
- − Mortgage interest
- −$13,444
- − Property taxes
- −$1,607
- − Insurance
- −$1,200
- − Repairs & maintenance
- −$2,012
- − Management
- −$2,012
- − Depreciation
- −$6,982
- Taxable loss
- −$2,108
- Est. tax savings @ 24.0%
- +$506
- After-tax cash flow
- $2,463/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Mojave Unified
- NCES district ID
- 0625230
- Math proficiency
- 25% ▲ 11.00%
- Reading proficiency
- 25% ▼ -1.00%
- Median HH income
- $43,017
- Composite
- 21.4/100
- National rank
- #8350
- State rank
- #411 of 517 in CA
Livability — California City
- Score
- 44/100
- State rank
- #1329
- US rank
- #26753
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- California City, CA
- County
- Kern County · 710,371 people
- City population
- 14,353
- Metro
- Bakersfield, CA
- Population (ZIP)
- 14,353
- Household income
- $59,827
- Rent vs Own
- Severe rent burden
- 883.0
Population outlook (Kern County) Hauer SSP2
- Today (2025)
- 947,286 people
- By 2030
- 978,984 · +3.3%
- By 2040
- 1,045,018 · +10.3%
- By 2050
- 1,105,232 · +16.7%
- By 2075
- 1,229,538 · +29.8%
- By 2100
- 1,238,059 · +30.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Highly diverse neighborhood (Simpson 0.70)
- Race & ethnicity
- Hispanic / Latino 40% White 30% Black 22% Two or more races 16% Native American 3% Asian 1%
- Hispanic origin (detail)
- Mexican 29%
- Common ancestry
- Italian 3% Lithuanian 1% Romanian 1%
- Foreign-born
- 13% · Canada, Dominican Republic
- Languages at home
- 68% English-only · Spanish 29%
Political lean MEDSL · Kern
- 2024 margin
- Strong R (+21.1) · D 38.2% · R 59.3% · Other 2.5%
- 2008→2024 swing
- -3.3pp toward R · 2008: -17.8pp · 2024: -21.1pp
- All cycles
- 2024: R+21.1 2020: R+10.2 2016: R+15.0 2012: R+20.9 2008: R+17.8
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 46.32%
- Current HPI
- 402.4192
- Rent YoY
- ▲ 5.45%
- Metro
- Bakersfield, CA
- State GDP YoY
- ▲ 3.21%
- F500 in state
- 116
Industry mix (Fortune 500 HQ in CA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 27 | $1,492B |
|
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| Financial Services | 3 | $174B |
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| Retail | 3 | $44B |
|
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| Insurance | 3 | $26B |
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| Media / Entertainment | 2 | $115B |
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
+2426.3% since first listed9 events — show timeline
- 2026-05-27 Pending — AVMLS
- 2026-05-19 Listed $240,000 AVMLS
- 2015-03-16 Listing Removed — AVMLS
- 2009-03-17 Sold (MLS) $91,000 AVMLS
- 2008-11-10 Listed $94,900 AVMLS
- 2008-03-13 Listed $124,000 AVMLS
- 2006-08-11 Sold (MLS) $262,500 AVMLS
- 2006-03-09 Listed $254,900 AVMLS
- 2004-11-22 Sold (Public Records) $9,500 Public Records
Property tax history
+1.0%/yrLatest (2025): $1,607 · -4.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…