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3300 15th St W #371
B Composite 70.46
Why this score? — see what drove the B 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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +6.2/10.0
  • ARV discount +4.6/15.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.2/10.0

$79,900

3300 15th St W #371 · Rosamond, CA 93560
2 bd · 1.0 ba · 804 sqft · Manufactured public records · 212 Days on market
Built 1983 435 sqft lot $99/sqft · 7% above area Est $75k · 7% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to your beautifully updated 2 bedroom, 2 bath manufactured home in desirable Desert Oasis Mobile Estates. With approx. 804 sq ft of living space, the open-living and dining area feature a stylish bright kitchen with gas range and crisp white cabinetry and modern countertops. Tucked inside a friendly 55+ park just off 15th St W, with easy access to Rosamond, Lancaster and the 14 freeway. An affordable opportunity to make this home your own — don't miss out!

Key facts

  • Community pool
  • Built 1983
  • Listed 211 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath manufactured listed at $80k.

Deal economics

  • At list price, monthly cash flow is $869 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $80k).
  • Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
  • Cap rate 19.3% vs local median 4.3% in Rosamond — 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 49/100 on livability (#1,178 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: schools F, crime F, amenities F.
  • Southern Kern Unified (town): math 25% / reading 25% proficiency, ranked #387 of 517 in CA (top 75%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 461 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).

Forward outlook

  • In year one you build about $2k of equity ($552 loan paydown + $2k appreciation (2.4% local appreciation)).
  • Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (2.4% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 212 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 17y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 5→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $70,312 (12.0% below list)

Questions for the listing agent

  1. It's been on market 212 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  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
2.13%
Cap rate
19.34%
Cash-on-cash
46.59%
DSCR
3.07
GRM
3.9

CMA / ARV

ARV (median comp)
$75,000
List price
$79,900
Delta
6.53%
Verdict
FAIR
Comps
6 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3300 15th St W #182 0.00mi 2/1.0 800 (-0%) 5mo $40,000 $50 95
3300 W 15th St #358 0.01mi 2/1.5 880 (+10%) 1mo $75,000 $85 80
3300 15th St W #305 0.00mi 2/2.0 840 (+4%) 14mo $100,000 $119 77
1258 Rosamond Blvd #40 0.62mi 2/1.0 800 (-0%) 8mo $30,000 $38 64
1258 W Rosamond Blvd 0.62mi 2/1.0 800 (-0%) 16mo $23,000 $29 57
3303 Sierra Hwy #28 0.58mi 2/1.0 728 (-10%) 23mo $74,000 $102 38
3303 Sierra Hwy #37 0.58mi 2/2.0 924 (+15%) 16mo $105,000 $114 31

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

Projected returns pro-forma

2.4% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
51.1%
Equity multiple
3.79×
Total profit
$62,440
Equity at exit
$33,281
10-year hold
IRR
51.3%
Equity multiple
7.61×
Total profit
$147,897
Equity at exit
$49,320

Cash invested: $22,372 (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.

ZIP-level market 93560

Home prices YoY
0.6%
Active inventory
461
Price-to-rent
3.9×

Monthly cashflow live

Estimated rent
$1,700 high interval (Pro) →
Mortgage (P&I)
$419
Tax from tax record
$22 /mo · $268/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$357
Net cashflow
$869

Break-even live

Break-even rent $601
Max offer price $79,900
Occupancy floor 44%

Sensitivity live

Price -10% $914 -5% $891 +0% $869 +5% $846 +10% $823
Rent -10% $734 -5% $801 +0% $869 +5% $936 +10% $1,003
Rate -1.0pp $909 -0.5pp $889 base $869 +0.5pp $848 +1.0pp $827

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
$19,975
Closing costs
$2,397
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 13 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3400 15th St W Unit 118 Rosamond, CA 2.0 1.5 1050 $1,600 $1.52 11d 1 0.11mi
3400 15th St W Unit 21 Rosamond, CA 2.0 1.0 950 $1,495 $1.57 11d 1 0.12mi
3400 15th St W Rosamond, CA 2.0 1.0 1000 $1,498 $1.50 0d 4 0.18mi
1225 Barrington Ave Rosamond, CA 3.0 2.0 1072 $2,200 $2.05 0d 1 0.57mi
2821 Desert St Unit C Rosamond, CA 2.0 1.0 975 $1,795 $1.84 0d 1 0.80mi
2634 Desert St Unit 8 Rosamond, CA 1.0 1.0 700 $1,050 $1.50 0d 1 0.90mi
2612 Desert St #9 Rosamond, CA 1.0 1.0 600 $1,050 $1.75 0d 1 0.92mi
1839 Elm St #4 Rosamond, CA 1.0 1.0 700 $1,099 $1.57 12d 1 0.92mi
1857 Elm St #1 Rosamond, CA 1.0 1.0 700 $1,150 $1.64 20d 1 0.92mi
2541 Diamond St Unit 3 Rosamond, CA 2.0 1.0 700 $1,200 $1.71 0d 1 0.94mi
2300 Panorama Ln Rosamond, CA 2.0 2.0 1121 $2,300 $2.05 45d 1 0.94mi
2841 B St Unit 8 Rosamond, CA 1.0 1.0 608 $1,295 $2.13 0d 1 0.95mi
1933 Harvell St Rosamond, CA 2.0 1.0 600 $1,250 $2.08 0d 1 1.25mi

Listing history 34 events

  1. 2026-06-21
    days on market $79,900 Active 212 DOM
  2. 2026-06-18
    days on market $79,900 Active 209 DOM
  3. 2026-06-17
    days on market $79,900 Active 208 DOM
  4. 2026-06-16
    days on market $79,900 Active 207 DOM
  5. 2026-06-15
    days on market $79,900 Active 206 DOM
  6. 2026-06-13
    days on market $79,900 Active 204 DOM
  7. 2026-06-13
    remarks 473-char remark
  8. 2026-06-13
    pricedays on market $79,900 Active 203 DOM
  9. 2026-06-09
    days on market $85,000 Active 200 DOM
  10. 2026-06-08
    days on market $85,000 Active 199 DOM
  11. 2026-06-07
    days on market $85,000 Active 198 DOM
  12. 2026-06-04
    days on market $85,000 Active 195 DOM
  13. 2026-06-03
    days on market $85,000 Active 194 DOM
  14. 2026-06-02
    days on market $85,000 Active 193 DOM
  15. 2026-06-01
    days on market $85,000 Active 192 DOM
  16. 2026-05-31
    days on market $85,000 Active 191 DOM
  17. 2025-11-14
    listed $85,000 Active 474-char remark
    Show marketing remark (474 chars)

    Welcome to your beautifully updated 2 bedroom, 2 bath manufactured home in desirable Desert Oasis Mobile Estates. With approx. 804 sq ft of living space, the open-living and dining area feature a stylish bright kitchen with gas range and crisp white cabinetry and modern countertops. Tucked inside a friendly 55+ park just off 15th St W, with easy access to Rosamond, Lancaster and the 14 freeway. An affordable opportunity to make this home your own — don't miss out!

  18. 2025-07-24
    soldstatus $75,000 Closed 763-char remark
    Show marketing remark (763 chars)

    This charming two-bedroom, two-bath mobile home at Desert Oasis offers comfort and functionality. As you step through the front door, you're greeted by an open living and dining room with cozy laminated flooring. The kitchen is a highlight, featuring a stainless steel gas stove, sleek white cabinets, and modern countertops. A small laundry room with washer and dryer is conveniently located near the kitchen and provides access to the backyard. Sliding glass doors from the living room lead to a small raised patio, offering a peaceful view of the backyard. The front yard is beautifully landscaped with desert plants. In the backyard, you'll find an additional storage shed and a fenced area with your own pine tree—ideal for a garden or a small dog run.

  19. 2025-07-24
    soldstatus $75,000 Closed Sale
    Show marketing remark (763 chars)

    This charming two-bedroom, two-bath mobile home at Desert Oasis offers comfort and functionality. As you step through the front door, you're greeted by an open living and dining room with cozy laminated flooring. The kitchen is a highlight, featuring a stainless steel gas stove, sleek white cabinets, and modern countertops. A small laundry room with washer and dryer is conveniently located near the kitchen and provides access to the backyard. Sliding glass doors from the living room lead to a small raised patio, offering a peaceful view of the backyard. The front yard is beautifully landscaped with desert plants. In the backyard, you'll find an additional storage shed and a fenced area with your own pine tree—ideal for a garden or a small dog run.

  20. 2025-06-27
    status Pending Sale
    Show marketing remark (763 chars)

    This charming two-bedroom, two-bath mobile home at Desert Oasis offers comfort and functionality. As you step through the front door, you're greeted by an open living and dining room with cozy laminated flooring. The kitchen is a highlight, featuring a stainless steel gas stove, sleek white cabinets, and modern countertops. A small laundry room with washer and dryer is conveniently located near the kitchen and provides access to the backyard. Sliding glass doors from the living room lead to a small raised patio, offering a peaceful view of the backyard. The front yard is beautifully landscaped with desert plants. In the backyard, you'll find an additional storage shed and a fenced area with your own pine tree—ideal for a garden or a small dog run.

  21. 2025-06-27
    status Pending 763-char remark
    Show marketing remark (763 chars)

    This charming two-bedroom, two-bath mobile home at Desert Oasis offers comfort and functionality. As you step through the front door, you're greeted by an open living and dining room with cozy laminated flooring. The kitchen is a highlight, featuring a stainless steel gas stove, sleek white cabinets, and modern countertops. A small laundry room with washer and dryer is conveniently located near the kitchen and provides access to the backyard. Sliding glass doors from the living room lead to a small raised patio, offering a peaceful view of the backyard. The front yard is beautifully landscaped with desert plants. In the backyard, you'll find an additional storage shed and a fenced area with your own pine tree—ideal for a garden or a small dog run.

  22. 2025-04-15
    price $69,900 763-char remark
    Show marketing remark (763 chars)

    This charming two-bedroom, two-bath mobile home at Desert Oasis offers comfort and functionality. As you step through the front door, you're greeted by an open living and dining room with cozy laminated flooring. The kitchen is a highlight, featuring a stainless steel gas stove, sleek white cabinets, and modern countertops. A small laundry room with washer and dryer is conveniently located near the kitchen and provides access to the backyard. Sliding glass doors from the living room lead to a small raised patio, offering a peaceful view of the backyard. The front yard is beautifully landscaped with desert plants. In the backyard, you'll find an additional storage shed and a fenced area with your own pine tree—ideal for a garden or a small dog run.

  23. 2025-04-15
    price $69,900
    Show marketing remark (763 chars)

    This charming two-bedroom, two-bath mobile home at Desert Oasis offers comfort and functionality. As you step through the front door, you're greeted by an open living and dining room with cozy laminated flooring. The kitchen is a highlight, featuring a stainless steel gas stove, sleek white cabinets, and modern countertops. A small laundry room with washer and dryer is conveniently located near the kitchen and provides access to the backyard. Sliding glass doors from the living room lead to a small raised patio, offering a peaceful view of the backyard. The front yard is beautifully landscaped with desert plants. In the backyard, you'll find an additional storage shed and a fenced area with your own pine tree—ideal for a garden or a small dog run.

  24. 2024-12-16
    price $75,000 763-char remark
    Show marketing remark (763 chars)

    This charming two-bedroom, two-bath mobile home at Desert Oasis offers comfort and functionality. As you step through the front door, you're greeted by an open living and dining room with cozy laminated flooring. The kitchen is a highlight, featuring a stainless steel gas stove, sleek white cabinets, and modern countertops. A small laundry room with washer and dryer is conveniently located near the kitchen and provides access to the backyard. Sliding glass doors from the living room lead to a small raised patio, offering a peaceful view of the backyard. The front yard is beautifully landscaped with desert plants. In the backyard, you'll find an additional storage shed and a fenced area with your own pine tree—ideal for a garden or a small dog run.

  25. 2024-12-16
    price $75,000
    Show marketing remark (763 chars)

    This charming two-bedroom, two-bath mobile home at Desert Oasis offers comfort and functionality. As you step through the front door, you're greeted by an open living and dining room with cozy laminated flooring. The kitchen is a highlight, featuring a stainless steel gas stove, sleek white cabinets, and modern countertops. A small laundry room with washer and dryer is conveniently located near the kitchen and provides access to the backyard. Sliding glass doors from the living room lead to a small raised patio, offering a peaceful view of the backyard. The front yard is beautifully landscaped with desert plants. In the backyard, you'll find an additional storage shed and a fenced area with your own pine tree—ideal for a garden or a small dog run.

  26. 2024-12-02
    listed $80,000 Active 763-char remark
    Show marketing remark (763 chars)

    This charming two-bedroom, two-bath mobile home at Desert Oasis offers comfort and functionality. As you step through the front door, you're greeted by an open living and dining room with cozy laminated flooring. The kitchen is a highlight, featuring a stainless steel gas stove, sleek white cabinets, and modern countertops. A small laundry room with washer and dryer is conveniently located near the kitchen and provides access to the backyard. Sliding glass doors from the living room lead to a small raised patio, offering a peaceful view of the backyard. The front yard is beautifully landscaped with desert plants. In the backyard, you'll find an additional storage shed and a fenced area with your own pine tree—ideal for a garden or a small dog run.

  27. 2024-12-02
    listed $80,000 Active
    Show marketing remark (763 chars)

    This charming two-bedroom, two-bath mobile home at Desert Oasis offers comfort and functionality. As you step through the front door, you're greeted by an open living and dining room with cozy laminated flooring. The kitchen is a highlight, featuring a stainless steel gas stove, sleek white cabinets, and modern countertops. A small laundry room with washer and dryer is conveniently located near the kitchen and provides access to the backyard. Sliding glass doors from the living room lead to a small raised patio, offering a peaceful view of the backyard. The front yard is beautifully landscaped with desert plants. In the backyard, you'll find an additional storage shed and a fenced area with your own pine tree—ideal for a garden or a small dog run.

  28. 2018-05-11
    historical
  29. 2018-05-02
    soldstatus $27,500 Closed
  30. 2018-04-14
    status Pending
  31. 2018-03-21
    listed $27,500 Active
  32. 2010-04-30
    soldstatus $10,000
  33. 2010-04-15
    historical
  34. 2009-11-05
    listed $12,000

ⓘ 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
$268 · $22/mo
Projected year-2 tax
$607 · $51/mo
Expected delta
+$339/yr (+$28/mo · 126.5%)

ⓘ 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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 7/10 Severe 5 d/yr ≥101°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 7/10 Severe 14 unhealthy d/yr today · 18 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
$20,404
− Mortgage interest
−$4,476
− Property taxes
−$268
− Insurance
−$400
− Repairs & maintenance
−$1,632
− Management
−$1,632
− Depreciation
−$2,324
Taxable income
$9,672
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,321
After-tax cash flow
$8,102/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
Southern Kern Unified
NCES district ID
0637620
Math proficiency
25% ▲ 7.00%
Reading proficiency
25% ▼ -8.00%
Median HH income
$54,523
Composite
22.5/100
National rank
#8093
State rank
#387 of 517 in CA

Livability — Rosamond

Score
49/100
State rank
#1178
US rank
#25952

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Rosamond, CA
County
Kern County · 710,371 people
City population
22,119
Metro
Bakersfield, CA
Population (ZIP)
22,119
Household income
$77,431
Rent vs Own
22.6% rent · 77.4% own
Severe rent burden
425.0

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
Diverse neighborhood (Simpson 0.68)
Race & ethnicity
Hispanic / Latino 45% White 32% Two or more races 17% Black 13% Asian 3% Native American 1%
Hispanic origin (detail)
Mexican 35%
Common ancestry
Portuguese 2% Italian 2% Lithuanian 1%
Foreign-born
13% · Canada
Languages at home
68% English-only · Spanish 28% Other Indo-European 2% Other Asian/Pacific 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
▲ 2.40%
Current HPI
403.7206
Rent YoY
Metro
Bakersfield, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+608.3% since first listed
18 events — show timeline
  • 2025-11-14 Listed $85,000 AVMLS
  • 2025-07-24 Sold (MLS) $75,000 CRMLS
  • 2025-07-24 Sold (MLS) $75,000 AVMLS
  • 2025-06-27 Pending CRMLS
  • 2025-06-27 Pending AVMLS
  • 2025-04-15 Price Changed $69,900 AVMLS
  • 2025-04-15 Price Changed $69,900 CRMLS
  • 2024-12-16 Price Changed $75,000 AVMLS
  • 2024-12-16 Price Changed $75,000 CRMLS
  • 2024-12-02 Listed $80,000 CRMLS
  • 2024-12-02 Listed $80,000 AVMLS
  • 2018-05-11 Listing Removed AVMLS
  • 2018-05-02 Sold (MLS) $27,500 AVMLS
  • 2018-04-14 Pending AVMLS
  • 2018-03-21 Listed $27,500 AVMLS
  • 2010-04-30 Sold (MLS) $10,000 CRMLS
  • 2010-04-15 Listing Removed CRMLS
  • 2009-11-05 Listed $12,000 CRMLS

Property tax history

+19.3%/yr

Latest (2025): $268 · +7.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…