910 S Baker St · Bakersfield, CA 93307

$69,900

1 bd · 1.0 ba · 578 sqft · SingleFamily public records · 31 Days on market

Built 1954 3,049 sqft lot $121/sqft · 46% below area Est $130k · 46% 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
• 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 MLS

Partially burned home. Attention Investors! Here is a great opportunity to rehab this property. Centrally located. Looking for the right buyer. It can be a great investment or just move in. Property has a Basement use as a 1 bedroom. Lots of possibilities. Walking distance to schools, churches, food markets, etc. At this price it will be gone soon.

Key facts

• Centrally located
• 3,049 sq ft lot
• Built 1954

Tags

• CENTRALLY LOCATED
• BASEMENT USE AS A 1 BEDROOM
• WALKING DISTANCE TO SCHOOLS

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $345 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $68k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.2% 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; 11 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $483 of loan paydown is wiped out by about $2k 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 $20k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 2y ago; this cycle's ask has dropped $14k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
• 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 $67,803 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.59% ✓
• Cap rate: 12.22%
• Cash-on-cash: 21.16%
• DSCR: 1.94
• GRM: 5.2

CMA / ARV

• ARV (median comp): $129,941
• List price: $69,900
• Delta: -46.21%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
221 Wood	0.56mi	2/2.0 (+1)	576 (-0%)	6mo	$212,600	$369	59
1321 Potomac Ave	0.48mi	2/1.0 (+1)	626 (+8%)	15mo	$240,000	$383	46
101 Kincaid St	0.73mi	2/1.0 (+1)	616 (+7%)	8mo	$150,000	$244	43
508 T St	0.67mi	2/1.0 (+1)	528 (-9%)	24mo	$90,000	$170	30

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: 16.9%
• Equity multiple: 1.71×
• Total profit: $13,807
• Equity at exit: $10,422

10-year hold

• IRR: 27.4%
• Equity multiple: 3.76×
• Total profit: $53,998
• Equity at exit: $6,044

Cash invested: $19,572 (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: 5.2×

Monthly cashflow live

• Estimated rent: $1,110 high
• Mortgage (P&I): −$367
• Tax from tax record: −$136 /mo · $1,632/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$233
• Net cashflow: $345

Break-even live

Break-even rent $673

Max offer price $69,900

Occupancy floor 64%

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
105 E 8th St Unit A Bakersfield, CA	—	1.0	480	$800	$1.67	44d	1	0.38mi
201 Truxtun Ave Unit B Bakersfield, CA	2.0	1.0	640	$1,100	$1.72	3d	1	0.66mi
113 Bliss St Bakersfield, CA	1.0	1.0	500	$1,000	$2.00	3d	1	0.69mi
200 Truxtun Ave Unit C Bakersfield, CA	1.0	1.0	643	$975	$1.52	3d	1	0.69mi
345 Doctor Martin Luther King Junior Blvd Apt A Bakersfield, CA	2.0	1.0	750	$1,050	$1.40	3d	1	0.72mi
515 Niles St Unit C Bakersfield, CA	1.0	1.0	624	$1,000	$1.60	3d	1	1.13mi
1417 Oregon St Unit B Bakersfield, CA	2.0	1.0	744	$1,475	$1.98	3d	1	1.35mi
1504 Alta Vista Dr Bakersfield, CA	—	1.0	360	$1,027	$2.85	3d	1	1.38mi
504 Quincy St Unit D Bakersfield, CA	2.0	1.0	725	$1,100	$1.52	10d	1	1.40mi
421 Eye St Bakersfield, CA	2.0	1.0	714	$1,600	$2.24	3d	1	1.41mi
716 Espee St Unit 27 Bakersfield, CA	—	1.0	500	$780	$1.56	3d	1	1.46mi

Listing history 29 events

1. 2026-05-19
   price $69,900 350-char remark

   Show marketing remark (350 chars)

   Partially burned home. Attention Investors! Here is a great opportunity to rehab this property. Centrally located. Looking for the right buyer. It can be a great investment or just move in. Property has a Basement use as a 1 bedroom. Lots of possibilities. Walking distance to schools, churches, food markets, etc. At this price it will be gone soon.

2. 2026-05-08
   status Active 350-char remark

   Show marketing remark (350 chars)

   Partially burned home. Attention Investors! Here is a great opportunity to rehab this property. Centrally located. Looking for the right buyer. It can be a great investment or just move in. Property has a Basement use as a 1 bedroom. Lots of possibilities. Walking distance to schools, churches, food markets, etc. At this price it will be gone soon.

3. 2026-05-08
   price $79,000 350-char remark

   Show marketing remark (350 chars)

   Partially burned home. Attention Investors! Here is a great opportunity to rehab this property. Centrally located. Looking for the right buyer. It can be a great investment or just move in. Property has a Basement use as a 1 bedroom. Lots of possibilities. Walking distance to schools, churches, food markets, etc. At this price it will be gone soon.

4. 2026-04-21
   status Pending 350-char remark

   Show marketing remark (350 chars)

   Partially burned home. Attention Investors! Here is a great opportunity to rehab this property. Centrally located. Looking for the right buyer. It can be a great investment or just move in. Property has a Basement use as a 1 bedroom. Lots of possibilities. Walking distance to schools, churches, food markets, etc. At this price it will be gone soon.

5. 2026-04-20
   status Active 350-char remark

   Show marketing remark (350 chars)

   Partially burned home. Attention Investors! Here is a great opportunity to rehab this property. Centrally located. Looking for the right buyer. It can be a great investment or just move in. Property has a Basement use as a 1 bedroom. Lots of possibilities. Walking distance to schools, churches, food markets, etc. At this price it will be gone soon.

6. 2026-04-14
   status Pending 350-char remark

   Show marketing remark (350 chars)

   Partially burned home. Attention Investors! Here is a great opportunity to rehab this property. Centrally located. Looking for the right buyer. It can be a great investment or just move in. Property has a Basement use as a 1 bedroom. Lots of possibilities. Walking distance to schools, churches, food markets, etc. At this price it will be gone soon.

7. 2026-04-09
   status Active 350-char remark

   Show marketing remark (350 chars)

   Partially burned home. Attention Investors! Here is a great opportunity to rehab this property. Centrally located. Looking for the right buyer. It can be a great investment or just move in. Property has a Basement use as a 1 bedroom. Lots of possibilities. Walking distance to schools, churches, food markets, etc. At this price it will be gone soon.

8. 2026-04-07
   historical Active - Contingent 350-char remark

   Show marketing remark (350 chars)

   Partially burned home. Attention Investors! Here is a great opportunity to rehab this property. Centrally located. Looking for the right buyer. It can be a great investment or just move in. Property has a Basement use as a 1 bedroom. Lots of possibilities. Walking distance to schools, churches, food markets, etc. At this price it will be gone soon.

9. 2026-04-06
   listed $84,000 Active 350-char remark

   Show marketing remark (350 chars)

   Partially burned home. Attention Investors! Here is a great opportunity to rehab this property. Centrally located. Looking for the right buyer. It can be a great investment or just move in. Property has a Basement use as a 1 bedroom. Lots of possibilities. Walking distance to schools, churches, food markets, etc. At this price it will be gone soon.

10. 2024-09-10
    historical Active - Contingent
11. 2024-09-04
    listed $135,000 Active
12. 2024-02-27
    soldstatus $115,000 Closed Sale
13. 2024-02-27
    soldstatus $115,000 Sold
14. 2024-02-27
    soldstatus $115,000
15. 2024-02-21
    status Pending Sale
16. 2024-02-21
    status Pending
17. 2024-02-02
    status Active
18. 2024-02-02
    status Active
19. 2024-01-27
    status Pending Sale
20. 2024-01-27
    status Pending
21. 2024-01-25
    status Active
22. 2024-01-23
    historical Active - Contingent
23. 2024-01-22
    listed $120,000 Active
24. 2024-01-15
    listed $120,000 Active
25. 2016-08-19
    soldstatus $70,000
26. 2013-09-23
    soldstatus $25,500
27. 2012-03-06
    soldstatus $30,000
28. 2006-03-24
    soldstatus $50,000
29. 1988-06-23
    soldstatus $4,000

ⓘ 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: $1,632 · $136/mo
• Projected year-2 tax: $1,632 · $136/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 2/10 Low
• 🌡 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 39 unhealthy d/yr today · 45 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,318
• − Mortgage interest: −$3,915
• − Property taxes: −$1,632
• − Insurance: −$350
• − Repairs & maintenance: −$1,065
• − Management: −$1,065
• − Depreciation: −$2,033
• Taxable income: $3,257
• Est. tax owed @ 24.0%: −$782
• After-tax cash flow: $3,359/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

+1647.5% since first listed

29 events — show timeline

• 2026-05-19 Price Changed $69,900 GEMLS
• 2026-05-08 Relisted — GEMLS
• 2026-05-08 Price Changed $79,000 GEMLS
• 2026-04-21 Pending — GEMLS
• 2026-04-20 Relisted — GEMLS
• 2026-04-14 Pending — GEMLS
• 2026-04-09 Relisted — GEMLS
• 2026-04-07 Contingent — GEMLS
• 2026-04-06 Listed $84,000 GEMLS
• 2024-09-10 Contingent — GEMLS
• 2024-09-04 Listed $135,000 GEMLS
• 2024-02-27 Sold (Public Records) $115,000 Public Records
• 2024-02-27 Sold (MLS) $115,000 GEMLS
• 2024-02-27 Sold (MLS) $115,000 CRMLS
• 2024-02-21 Pending — CRMLS
• 2024-02-21 Pending — GEMLS
• 2024-02-02 Relisted — CRMLS
• 2024-02-02 Relisted — GEMLS
• 2024-01-27 Pending — CRMLS
• 2024-01-27 Pending — GEMLS
• 2024-01-25 Relisted — GEMLS
• 2024-01-23 Contingent — GEMLS
• 2024-01-22 Listed $120,000 CRMLS
• 2024-01-15 Listed $120,000 GEMLS
• 2016-08-19 Sold (Public Records) $70,000 Public Records
• 2013-09-23 Sold (Public Records) $25,500 Public Records
• 2012-03-06 Sold (Public Records) $30,000 Public Records
• 2006-03-24 Sold (Public Records) $50,000 Public Records
• 1988-06-23 Sold (Public Records) $4,000 Public Records

Property tax history

+9.2%/yr

Latest (2025): $1,632 · +17.1% YoY. Source: county tax records.