6351 Akers Rd #91 · Bakersfield, CA 93313

$124,999

3 bd · 2.0 ba · 1,056 sqft · Manufactured public records · 35 Days on market

Built 1990 $118/sqft · 22% below area Est $160k · 22% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.2/10.0
• Rent growth +3.0/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Adobe Estates has your new home waiting for you. This split wing, 3 bedroom, 2 bath home has vinyl flooring and new tile work in the Master bath. Equipped with a refrigerator, dishwasher, stove as well as the Washer and dryer and outside storage unit. Home also has central A/C and a beautiful over-sized covered patio for those hot Bakersfield days. Priced to move quickly, this home is ready for it's new owners.

Key facts

• Community pool
• Built 1990
• Listed 35 days

Property features AI

Exterior

• Parking: Carport
• Utilities: Sewer service
• Home design: Condominium (unit in a multi-unit property); Owner-occupied
• Construction: Other (see remarks) roof
• Exterior features: Community pool; Leased space; Located in the Crest Park neighborhood; near Panama Ln cross street; Zoned R1

Interior

• Kitchen: Range/oven
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning
• Interior features: Range/oven; Central A/C; No fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $125k.

Deal economics

• At list price, monthly cash flow is $915 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $121k (3.0% below list) — sets the bar for market timing.
• Cap rate 15.1% 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.
• Panama-Buena Vista Union (urban): math 37% / reading 52% proficiency, ranked #542 of 1,400 in CA (top 39%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Roy W. Loudon Elementary (694 students, 89% FRL) — zoned schools average 89% FRL vs 51% district-wide (38 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+2.1%/yr); 271 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k 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 + 2.1% rent growth), your $35k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 17y 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 $46k; list at $125k implies a 172% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $121,249 (3.0% below list)

Questions for the listing agent

1. It's been on market 35 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: 1.69% ✓
• Cap rate: 15.08%
• Cash-on-cash: 31.38%
• DSCR: 2.40
• GRM: 4.9

CMA / ARV

• ARV (median comp): $160,000
• List price: $124,999
• Delta: -21.88%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6351 Akers Rd #13	0.00mi	2/2.0 (-1)	1,173 (+11%)	10mo	$145,000	$124	68
6351 Akers Rd #32	0.00mi	2/2.0 (-1)	1,152 (+9%)	17mo	$128,000	$111	65

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 · 2.12% rent growth · sell at horizon

5-year hold

• IRR: 25.3%
• Equity multiple: 2.03×
• Total profit: $36,152
• Equity at exit: $18,638

10-year hold

• IRR: 32.5%
• Equity multiple: 3.83×
• Total profit: $98,932
• Equity at exit: $10,808

Cash invested: $35,000 (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 93313

• Home prices YoY: -20.4%
• Rents YoY: 2.1%
• Active inventory: 271
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $2,108 high
• Mortgage (P&I): −$656
• Tax from tax record: −$43 /mo · $511/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$443
• Net cashflow: $915

Break-even live

Break-even rent $950

Max offer price $124,999

Occupancy floor 52%

Sensitivity live

Price	-10% $986	-5% $951	+0% $915	+5% $880	+10% $845
Rent	-10% $749	-5% $832	+0% $915	+5% $999	+10% $1,082
Rate	-1.0pp $978	-0.5pp $947	base $915	+0.5pp $883	+1.0pp $850

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4212 Cyclone Dr Bakersfield, CA	4.0	2.0	1471	$2,275	$1.55	3d	1	0.21mi
4508 Blossom Valley Ln Bakersfield, CA	3.0	2.0	1107	$1,850	$1.67	22d	1	0.26mi
6208 Stine Rd Apt B Bakersfield, CA	2.0	1.0	904	$1,495	$1.65	11d	1	0.36mi
6401 Castleford St Unit C Bakersfield, CA	3.0	2.0	1125	$1,500	$1.33	19d	1	0.44mi
6302 Castleford St Unit 4 Bakersfield, CA	3.0	2.0	1144	$1,500	$1.31	3d	1	0.47mi
6304 Castleford St Unit 4 Bakersfield, CA	3.0	2.0	1144	$1,500	$1.31	44d	1	0.48mi
5012 Greenville Ct Bakersfield, CA	3.0	2.0	1500	$2,200	$1.47	44d	1	0.52mi
4012 Island Mist Ct Bakersfield, CA	3.0	2.0	1436	$2,300	$1.60	3d	1	0.54mi
5201 Gasol Ct Unit N107 Bakersfield, CA	2.0	2.0	1166	$1,995	$1.71	3d	1	0.61mi
5201 Gasol Ct Apt C103 Bakersfield, CA	2.0	2.0	1166	$1,995	$1.71	44d	1	0.61mi
5201 Gasol Ct Unit F204 Bakersfield, CA	2.0	2.0	1166	$1,995	$1.71	24d	1	0.61mi
5201 Gasol Ct Unit V102 Bakersfield, CA	3.0	2.0	1429	$2,050	$1.43	22d	1	0.61mi
6600 Jerno Dr Bakersfield, CA	2.0–3.0	2.0	1104	$2,225	$2.02	3d	1	0.66mi
6104 Summer Springs Dr Bakersfield, CA	3.0	2.0	1396	$2,200	$1.58	44d	1	0.89mi
2625 Miria Dr Bakersfield, CA	3.0	1.0	1308	$1,850	$1.41	24d	1	1.19mi
4309 Rosewall St Bakersfield, CA	3.0	2.0	1356	$2,200	$1.62	3d	1	1.31mi
8208 Miller Ridge Dr Bakersfield, CA	2.0	1.0	1412	$1,350	$0.96	3d	1	1.32mi
4413 White Ln Bakersfield, CA	3.0	2.0	1249	$2,250	$1.80	22d	1	1.41mi
3605 Biltmore Ln Bakersfield, CA	2.0	2.0	1450	$1,650	$1.14	3d	1	1.44mi
6615 Silver Moon Dr Bakersfield, CA	3.0	2.0	1450	$2,050	$1.41	44d	1	1.45mi
4208 White Ln Apt B Bakersfield, CA	3.0	2.5	1200	$1,575	$1.31	11d	1	1.46mi
4208 White Ln Unit A Bakersfield, CA	3.0	2.5	1200	$1,575	$1.31	3d	1	1.46mi

Listing history 30 events

1. 2026-06-18
   days on market $124,999 Active 35 DOM
2. 2026-06-17
   days on market $124,999 Active 34 DOM
3. 2026-06-16
   days on market $124,999 Active 33 DOM
4. 2026-06-15
   days on market $124,999 Active 32 DOM
5. 2026-06-14
   days on market $124,999 Active 30 DOM
6. 2026-06-13
   days on market $124,999 Active 29 DOM
7. 2026-06-10
   days on market $124,999 Active 27 DOM
8. 2026-06-09
   days on market $124,999 Active 26 DOM
9. 2026-06-08
   days on market $124,999 Active 25 DOM
10. 2026-06-07
    days on market $124,999 Active 24 DOM
11. 2026-06-05
    days on market $124,999 Active 21 DOM
12. 2026-06-03
    days on market $124,999 Active 20 DOM
13. 2026-06-03
    days on market $124,999 Active 19 DOM
14. 2026-06-01
    days on market $124,999 Active 18 DOM
15. 2026-05-31
    days on market $124,999 Active 17 DOM
16. 2026-05-14
    listed $124,999 Active 820-char remark
17. 2018-07-05
    soldstatus $46,000 Sold 414-char remark

    Show marketing remark (414 chars)

    Adobe Estates has your new home waiting for you. This split wing, 3 bedroom, 2 bath home has vinyl flooring and new tile work in the Master bath. Equipped with a refrigerator, dishwasher, stove as well as the Washer and dryer and outside storage unit. Home also has central A/C and a beautiful over-sized covered patio for those hot Bakersfield days. Priced to move quickly, this home is ready for it's new owners.

18. 2018-06-14
    status Pending 414-char remark

    Show marketing remark (414 chars)

    Adobe Estates has your new home waiting for you. This split wing, 3 bedroom, 2 bath home has vinyl flooring and new tile work in the Master bath. Equipped with a refrigerator, dishwasher, stove as well as the Washer and dryer and outside storage unit. Home also has central A/C and a beautiful over-sized covered patio for those hot Bakersfield days. Priced to move quickly, this home is ready for it's new owners.

19. 2018-03-20
    listed $46,000 Active 414-char remark

    Show marketing remark (414 chars)

    Adobe Estates has your new home waiting for you. This split wing, 3 bedroom, 2 bath home has vinyl flooring and new tile work in the Master bath. Equipped with a refrigerator, dishwasher, stove as well as the Washer and dryer and outside storage unit. Home also has central A/C and a beautiful over-sized covered patio for those hot Bakersfield days. Priced to move quickly, this home is ready for it's new owners.

20. 2016-12-13
    price $45,000
21. 2015-12-15
    price $46,900
22. 2015-12-14
    soldstatus $46,900 Sold
23. 2015-12-02
    historical
24. 2015-12-01
    price $50,000
25. 2015-11-06
    status Active
26. 2015-11-05
    historical
27. 2015-09-14
    listed $50,000 Active
28. 2009-09-18
    soldstatus $47,500
29. 2009-08-26
    historical
30. 2009-06-30
    listed $47,500

ⓘ 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: $511 · $43/mo
• Projected year-2 tax: $950 · $79/mo
• Expected delta: +$439/yr (+$37/mo · 85.9%)

ⓘ 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 · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 33 unhealthy d/yr today · 38 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,298
• − Mortgage interest: −$7,002
• − Property taxes: −$511
• − Insurance: −$625
• − Repairs & maintenance: −$2,024
• − Management: −$2,024
• − Depreciation: −$3,636
• Taxable income: $9,476
• Est. tax owed @ 24.0%: −$2,274
• After-tax cash flow: $8,709/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: Panama-Buena Vista Union
• NCES district ID: 0606390
• Math proficiency: 37% ▲ 3.00%
• Reading proficiency: 52% ▲ 1.00%
• Median HH income: $63,361
• Composite: 41.71/100
• National rank: #7191
• State rank: #542 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): 61,843
• Household income: $91,943
• Rent vs Own: 21.4% rent · 78.6% own
• Severe rent burden: 1177.0

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 0.61)
• Race & ethnicity: Hispanic / Latino 57% Two or more races 28% White 22% Asian 13% Black 6%
• Hispanic origin (detail): Mexican 52%
• Common ancestry: British 1% Romanian 1%
• Foreign-born: 25% · Canada, Vietnam, China
• Languages at home: 45% English-only · Spanish 40% Other Indo-European 8% Other Asian/Pacific 2%

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: ▼ -85.95%
• Current HPI: 335.9445
• Rent YoY: ▲ 2.12%
• 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

+163.2% since first listed

15 events — show timeline

• 2026-05-14 Listed $124,999 GEMLS
• 2018-07-05 Sold (MLS) $46,000 GEMLS
• 2018-06-14 Pending — GEMLS
• 2018-03-20 Listed $46,000 GEMLS
• 2016-12-13 Price Changed $45,000 GEMLS
• 2015-12-15 Price Changed $46,900 GEMLS
• 2015-12-14 Sold (MLS) $46,900 GEMLS
• 2015-12-02 Delisted — GEMLS
• 2015-12-01 Price Changed $50,000 GEMLS
• 2015-11-06 Relisted — GEMLS
• 2015-11-05 Delisted — GEMLS
• 2015-09-14 Listed $50,000 GEMLS
• 2009-09-18 Sold (MLS) $47,500 GEMLS
• 2009-08-26 Delisted — GEMLS
• 2009-06-30 Listed $47,500 GEMLS

Property tax history

+0.9%/yr

Latest (2025): $511 · +5.1% YoY. Source: county tax records.