304 Dagenham · Bakersfield, CA 93307

$332,900

5 bd · 2.0 ba · 1,750 sqft · SingleFamily public records · 1 Days on market

Built 2012 6,534 sqft lot Est $387k · 14% under

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Why this score? — see what drove the D 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).

• ARV discount +13.8/15.0
• Cash flow +11.5/30.0
• Rent growth +3.9/5.0
• DSCR +3.4/10.0
• Schools +3.4/10.0
• 1% rule +3.1/10.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful 5 Bedrooms and 2 Bathrooms split wing home. Great room and open kitchen with tile counter tops. Great for entertainment. Large master suite with walk-in closet and double sink top. Indoor utility. Freshly painted interior. Large covered concrete patio. Sides of home is concreted and one side is gated for a dog run. Front driveway has been expanded and can park three cars side by side. Near shopping and 99 freeway.

Key facts

• 6,534 sq ft lot
• 2 garage spots
• Built 2012

Property features AI

Exterior

• Parking: 2-car garage
• Utilities: Public water; Sewer service
• Home design: Single-family residence
• Construction: Slab foundation; Roof described as 'Other (See Remarks)'
• Exterior features: Located in the La Jolla neighborhood; Subdivision: 6333 Un 2; Cross streets near Union and Panama; Property zoned R1; Occupied by a tenant; Property includes a PPA solar agreement

Interior

• Kitchen: Range/oven
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Range/oven; Central air conditioning; Central heating; No fireplace

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $333k.

Deal economics

• At list price, monthly cash flow is $-110 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $313k (5.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $268k (19.4% below list).
• Recommended offer: $268k (19.4% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 3.6% in Bakersfield — 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 58/100 on livability (#716 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: health & safety D, crime F, amenities F.
• Kern High (urban): math 21% / reading 51% proficiency, ranked #860 of 1,400 in CA (top 61%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Golden Valley High (reading 77%, 2,533 students, 91% FRL).
• Market conditions: Rents rising fast (+5.7%/yr); 311 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
• At $2,684/mo this rent would consume 57% of the median local household income ($56k/yr) (locally 3246% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 14y 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 $212k; list at $333k implies a 57% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $268,353 (19.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.81% ✗
• Cap rate: 5.90%
• Cash-on-cash: -1.42%
• DSCR: 0.94
• GRM: 10.3

CMA / ARV

• ARV (on-the-fly): $386,750
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
304 Dagenham	0.00mi	5/2.0	1,750 (0%)	1mo	$332,000	$190	99
618 Kirklees Ct	0.21mi	4/2.0 (-1)	1,850 (+6%)	1mo	$380,000	$205	75
517 Kirklees Ct	0.15mi	4/2.0 (-1)	1,843 (+5%)	9mo	$360,000	$195	71
621 Hartlepool	0.23mi	4/2.0 (-1)	1,843 (+5%)	8mo	$350,000	$190	69
6717 Tameside Ave	0.19mi	4/2.0 (-1)	1,614 (-8%)	5mo	$435,000	$270	69
215 Dagenham Ct	0.04mi	4/2.0 (-1)	1,504 (-14%)	3mo	$380,000	$253	67
603 Islington Ct	0.21mi	4/2.0 (-1)	1,609 (-8%)	8mo	$355,000	$221	65
622 Rushcutters Bay Dr	0.56mi	4/2.0 (-1)	1,789 (+2%)	2mo	$395,000	$221	64
106 Linnell Way	0.26mi	4/2.0 (-1)	1,498 (-14%)	7mo	$356,900	$238	53
7006 Olen Arnold Ave	0.37mi	4/2.0 (-1)	1,547 (-12%)	7mo	$365,000	$236	52
807 Potts Point Way	0.63mi	4/3.0 (-1)	1,850 (+6%)	1mo	$468,000	$253	52
415 Welch Ave	0.75mi	4/2.0 (-1)	1,998 (+14%)	2mo	$370,000	$185	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.71% rent growth · sell at horizon

5-year hold

• IRR: -15.7%
• Equity multiple: 0.43×
• Total profit: $-53,433
• Equity at exit: $49,636

10-year hold

• IRR: -3.3%
• Equity multiple: 0.75×
• Total profit: $-22,954
• Equity at exit: $28,783

Cash invested: $93,212 (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

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 93307

• Rents YoY: 5.7%
• Active inventory: 311
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $2,684 high
• Mortgage (P&I): −$1,746
• Tax from tax record: −$345 /mo · $4,145/yr
• Insurance: −$139
• HOA: −$0
• Vacancy / Maint / Mgmt: −$564
• Net cashflow: $-110

Break-even live

Break-even rent $2,823

Max offer price $313,481

Occupancy floor 99%

Sensitivity live

Price	-10% $79	-5% $-16	+0% $-110	+5% $-204	+10% $-298
Rent	-10% $-322	-5% $-216	+0% $-110	+5% $-4	+10% $102
Rate	-1.0pp $58	-0.5pp $-25	base $-110	+0.5pp $-196	+1.0pp $-284

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: $83,225
• Closing costs: $9,987
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7210 Olen Arnold Ave Bakersfield, CA	4.0	3.0	2249	$2,500	$1.11	45d	1	0.50mi
415 Welch Ave Bakersfield, CA	4.0	2.0	1998	$2,400	$1.20	4d	1	0.78mi
5516 Dustin St Bakersfield, CA	4.0	2.0	1507	$2,450	$1.63	45d	1	1.00mi
301 Alysheba Dr Bakersfield, CA	4.0	2.5	1864	$2,650	$1.42	12d	1	1.12mi
265 Hudson Dr Bakersfield, CA	4.0	2.0	1766	$2,900	$1.64	4d	1	1.46mi

Listing history 13 events

1. 2026-04-30
   status Pending
2. 2026-04-22
   listed $332,900 Active
3. 2017-12-29
   price $212,000 427-char remark

   Show marketing remark (427 chars)

   Beautiful 5 Bedrooms and 2 Bathrooms split wing home. Great room and open kitchen with tile counter tops. Great for entertainment. Large master suite with walk-in closet and double sink top. Indoor utility. Freshly painted interior. Large covered concrete patio. Sides of home is concreted and one side is gated for a dog run. Front driveway has been expanded and can park three cars side by side. Near shopping and 99 freeway.

4. 2017-12-27
   soldstatus $212,000 Sold 427-char remark

   Show marketing remark (427 chars)

   Beautiful 5 Bedrooms and 2 Bathrooms split wing home. Great room and open kitchen with tile counter tops. Great for entertainment. Large master suite with walk-in closet and double sink top. Indoor utility. Freshly painted interior. Large covered concrete patio. Sides of home is concreted and one side is gated for a dog run. Front driveway has been expanded and can park three cars side by side. Near shopping and 99 freeway.

5. 2017-12-05
   status Pending 427-char remark

   Show marketing remark (427 chars)

   Beautiful 5 Bedrooms and 2 Bathrooms split wing home. Great room and open kitchen with tile counter tops. Great for entertainment. Large master suite with walk-in closet and double sink top. Indoor utility. Freshly painted interior. Large covered concrete patio. Sides of home is concreted and one side is gated for a dog run. Front driveway has been expanded and can park three cars side by side. Near shopping and 99 freeway.

6. 2017-11-29
   price $215,000 427-char remark

   Show marketing remark (427 chars)

   Beautiful 5 Bedrooms and 2 Bathrooms split wing home. Great room and open kitchen with tile counter tops. Great for entertainment. Large master suite with walk-in closet and double sink top. Indoor utility. Freshly painted interior. Large covered concrete patio. Sides of home is concreted and one side is gated for a dog run. Front driveway has been expanded and can park three cars side by side. Near shopping and 99 freeway.

7. 2017-10-30
   price $215,000 427-char remark

   Show marketing remark (427 chars)

   Beautiful 5 Bedrooms and 2 Bathrooms split wing home. Great room and open kitchen with tile counter tops. Great for entertainment. Large master suite with walk-in closet and double sink top. Indoor utility. Freshly painted interior. Large covered concrete patio. Sides of home is concreted and one side is gated for a dog run. Front driveway has been expanded and can park three cars side by side. Near shopping and 99 freeway.

8. 2017-08-09
   price $220,000 427-char remark

   Show marketing remark (427 chars)

   Beautiful 5 Bedrooms and 2 Bathrooms split wing home. Great room and open kitchen with tile counter tops. Great for entertainment. Large master suite with walk-in closet and double sink top. Indoor utility. Freshly painted interior. Large covered concrete patio. Sides of home is concreted and one side is gated for a dog run. Front driveway has been expanded and can park three cars side by side. Near shopping and 99 freeway.

9. 2017-07-25
   listed $231,000 Active 427-char remark

   Show marketing remark (427 chars)

   Beautiful 5 Bedrooms and 2 Bathrooms split wing home. Great room and open kitchen with tile counter tops. Great for entertainment. Large master suite with walk-in closet and double sink top. Indoor utility. Freshly painted interior. Large covered concrete patio. Sides of home is concreted and one side is gated for a dog run. Front driveway has been expanded and can park three cars side by side. Near shopping and 99 freeway.

10. 2012-07-27
    soldstatus $176,990 143-char remark

    Show marketing remark (143 chars)

    Casa Bella community Gibbons and Wheelan 1709 sq. ft home 5 bedrooms 2 bath nice floor plan with tile counter tops through out in door laundry.

11. 2012-03-26
    soldstatus $106,000
12. 2012-03-14
    historical 143-char remark

    Show marketing remark (143 chars)

    Casa Bella community Gibbons and Wheelan 1709 sq. ft home 5 bedrooms 2 bath nice floor plan with tile counter tops through out in door laundry.

13. 2012-03-01
    listed $176,990 143-char remark

    Show marketing remark (143 chars)

    Casa Bella community Gibbons and Wheelan 1709 sq. ft home 5 bedrooms 2 bath nice floor plan with tile counter tops through out in door laundry.

ⓘ 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: $4,145 · $345/mo
• Projected year-2 tax: $4,145 · $345/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 33 unhealthy d/yr today · 37 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,202
• − Mortgage interest: −$18,648
• − Property taxes: −$4,145
• − Insurance: −$1,664
• − Repairs & maintenance: −$2,576
• − Management: −$2,576
• − Depreciation: −$9,684
• Taxable loss: −$7,092
• Est. tax savings @ 24.0%: +$1,702
• After-tax cash flow: $383/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: Kern High
• NCES district ID: 0619540
• Math proficiency: 21% ▬ 0.00%
• Reading proficiency: 51% ▲ 2.00%
• Median HH income: $49,686
• Composite: 33.68/100
• National rank: #10443
• State rank: #860 of 1400 in CA

Livability — Bakersfield

• Score: 58/100
• State rank: #716
• US rank: #21355

Category grades

Amenities F Commute F Cost of living F Crime F Employment C+ Housing A+ Health & safety D User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bakersfield, CA
• County: Kern County · 710,371 people
• City population: 499,124
• Metro: Bakersfield, CA
• Population (ZIP): 85,945
• Household income: $56,446
• Rent vs Own: 53.0% rent · 47.0% own
• Severe rent burden: 3246.0

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: Predominantly Hispanic (80%)
• Race & ethnicity: Hispanic / Latino 80% Two or more races 12% White 10% Black 6% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 73%
• Common ancestry: Lithuanian 0%
• Foreign-born: 31% · Canada
• Languages at home: 28% English-only · Spanish 69% Other Indo-European 1% Arabic 1%

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: ▼ -263.59%
• Current HPI: 447.1746
• Rent YoY: ▲ 5.71%
• 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
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+88.1% since first listed

13 events — show timeline

• 2026-04-30 Pending — GEMLS
• 2026-04-22 Listed $332,900 GEMLS
• 2017-12-29 Price Changed $212,000 GEMLS
• 2017-12-27 Sold (MLS) $212,000 GEMLS
• 2017-12-05 Pending — GEMLS
• 2017-11-29 Price Changed $215,000 GEMLS
• 2017-10-30 Price Changed $215,000 GEMLS
• 2017-08-09 Price Changed $220,000 GEMLS
• 2017-07-25 Listed $231,000 GEMLS
• 2012-07-27 Sold (MLS) $176,990 GEMLS
• 2012-03-26 Sold (Public Records) $106,000 Public Records
• 2012-03-14 Delisted — GEMLS
• 2012-03-01 Listed $176,990 GEMLS

Property tax history

+3.1%/yr

Latest (2025): $4,145 · +2.0% YoY. Source: county tax records.