1301 TAFT Hwy · Bakersfield, CA 93307

$99,500

3 bd · 2.0 ba · 1,252 sqft · Land · 43 Days on market

Built 1986 $79/sqft · at area comps Est $98k · at est.

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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
• ARV discount +7.0/15.0
• Rent growth +3.9/5.0
• Schools +3.4/10.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome home to comfort, style, and easy living in Southland Mobile Home Park in Bakersfield. This beautifully maintained 3-bedroom, 2-bath home is the perfect blend of warmth and modern updates. Step inside and enjoy recently renovated plus a brand new HVAC system, giving you peace of mind and year-round comfort especially during those warm Central Valley summers. The inviting layout offers just the right amount of space to relax, host family and friends, or simply unwind at the end of the day. Every detail makes this home feel welcoming and truly move-in ready. Life here comes with added perks enjoy access to the community pool and spa, perfect for cooling off or enjoying a quiet evening

Key facts

• Move-in ready
• Community pool
• Community spa

Tags

• COMMUNITY POOL
• COMMUNITY SPA
• NEW HVAC SYSTEM
• RECENTLY RENOVATED
• MOVE-IN READY

Property features AI

Finance

• Other: Pets allowed; Owner belongings excluded from sale
• HOA & community: Part of an association; Rent includes association dues; Land lease: $825 monthly (park)

Exterior

• Parking: Covered parking; Has parking (park name: Southland)
• Utilities: Public sewer (sewer connected); District/public water
• Home design: Single-story (1 story); Entry on main level; Mobile home remains on site; Double body type; Faces valley (community setting)
• Construction: Composition roof; Built by builder (year built source: Builder); Wood fence
• Exterior features: Community pool; Close to clubhouse; Wood fencing

Interior

• Kitchen: Garbage disposal; Built-in range; Dishwasher; Granite counters
• Bedrooms: All bedrooms on main level
• Flooring: Vinyl
• Bathrooms: 2 full bathrooms; Shower in tub; Bathtub; Granite counters in bathrooms
• Heating & cooling: Energy Star heating; Central cooling
• Interior features: Ceiling fan; Granite counters
• Laundry & utility: Laundry in a separate room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $100k.

Deal economics

• At list price, monthly cash flow is $971 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $100k).
• Recommended offer: $97k (3.0% below list) — sets the bar for market timing.
• Cap rate 18.0% 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, schools D-, crime 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.
• Market conditions: Rents rising fast (+5.7%/yr); 311 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
• This rent runs 45% of the median local income ($56k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $688 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 5.7% rent growth), your $28k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 43 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $96,515 (3.0% below list)

Questions for the listing agent

1. It's been on market 43 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
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. 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.
6. 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.
7. 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: 2.11% ✓
• Cap rate: 18.00%
• Cash-on-cash: 41.83%
• DSCR: 2.86
• GRM: 3.9

CMA / ARV

• ARV (median comp): $98,422
• List price: $99,500
• Delta: 1.09%
• Verdict: FAIR
• Comps: 5 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 41.5%
• Equity multiple: 2.85×
• Total profit: $51,635
• Equity at exit: $14,836

10-year hold

• IRR: 49.0%
• Equity multiple: 6.39×
• Total profit: $150,236
• Equity at exit: $8,603

Cash invested: $27,860 (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: 3.9×

Monthly cashflow live

• Estimated rent: $2,100 high
• Mortgage (P&I): −$522
• Tax est. 1.5%: −$124 /mo · $1,492/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $971

Break-even live

Break-even rent $870

Max offer price $99,500

Occupancy floor 49%

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: $24,875
• Closing costs: $2,985
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9118 Davedaly Ct Bakersfield, CA	3.0	2.0	1700	$2,300	$1.35	2d	1	0.75mi
265 Hudson Dr Bakersfield, CA	4.0	2.0	1766	$2,900	$1.64	2d	1	0.96mi
1408 Interlaken Dr Bakersfield, CA	3.0	2.0	1159	$2,250	$1.94	21d	1	1.00mi
8914 S Union Ave Bakersfield, CA	3.0	2.0	1500	$1,950	$1.30	2d	1	1.05mi
8602 Vincenso Way Bakersfield, CA	3.0	2.0	1607	$2,550	$1.59	2d	1	1.13mi
600 Hosking Ave Unit 47C Bakersfield, CA	2.0	1.5	1008	$1,650	$1.64	2d	1	1.36mi
600 Hosking Ave Apt 69A Bakersfield, CA	3.0	2.0	1208	$1,850	$1.53	18d	1	1.36mi
600 Hosking Ave Unit 47B Bakersfield, CA	2.0	1.5	1008	$1,650	$1.64	10d	1	1.36mi
600 Hosking Ave Unit 43B Bakersfield, CA	2.0	1.5	1050	$1,650	$1.57	43d	1	1.36mi
600 Hosking Ave Unit 75B Bakersfield, CA	2.0	1.5	1008	$1,650	$1.64	21d	1	1.36mi
600 Hosking Ave Unit 56A Bakersfield, CA	3.0	2.0	1200	$1,750	$1.46	2d	1	1.36mi
600 Hosking Ave Unit 51D Bakersfield, CA	3.0	2.0	1200	$1,800	$1.50	3d	1	1.36mi
600 Hosking Ave Unit 73D Bakersfield, CA	3.0	2.0	1230	$1,850	$1.50	43d	1	1.36mi
301 Alysheba Dr Bakersfield, CA	4.0	2.5	1864	$2,650	$1.42	10d	1	1.42mi
1305 Quartz Hill Rd Bakersfield, CA	3.0	2.0	1351	$2,250	$1.67	2d	1	1.44mi

Listing history 18 events

1. 2026-06-18
   days on market $99,500 Active 43 DOM
2. 2026-06-17
   days on market $99,500 Active 42 DOM
3. 2026-06-16
   days on market $99,500 Active 41 DOM
4. 2026-06-15
   days on market $99,500 Active 40 DOM
5. 2026-06-14
   days on market $99,500 Active 38 DOM
6. 2026-06-13
   days on market $99,500 Active 37 DOM
7. 2026-06-10
   days on market $99,500 Active 35 DOM
8. 2026-06-09
   days on market $99,500 Active 34 DOM
9. 2026-06-08
   days on market $99,500 Active 33 DOM
10. 2026-06-07
    days on market $99,500 Active 32 DOM
11. 2026-06-05
    days on market $99,500 Active 29 DOM
12. 2026-06-03
    days on market $99,500 Active 28 DOM
13. 2026-06-03
    days on market $99,500 Active 27 DOM
14. 2026-06-01
    days on market $99,500 Active 26 DOM
15. 2026-05-31
    days on market $99,500 Active 25 DOM
16. 2026-05-06
    listed $99,500 Active 950-char remark
17. 2001-11-06
    soldstatus $1,242,500
18. 1999-10-01
    soldstatus $3,750,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 7 d/yr ≥104°F today · 18 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: $25,195
• − Mortgage interest: −$5,574
• − Property taxes: −$1,492
• − Insurance: −$498
• − Repairs & maintenance: −$2,016
• − Management: −$2,016
• − Depreciation: −$2,895
• Taxable income: $10,706
• Est. tax owed @ 24.0%: −$2,569
• After-tax cash flow: $9,083/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

-97.3% since first listed

3 events — show timeline

• 2026-05-06 Listed $99,500 CRMLS
• 2001-11-06 Sold (Public Records) $1,242,500 Public Records
• 1999-10-01 Sold (Public Records) $3,750,000 Public Records

Property tax history

+3.1%/yr

Latest (2025): $124,647 · +2.4% YoY. Source: county tax records.