222 N Lake St · Calipatria, CA 92233

$215,000

3 bd · 2.0 ba · 958 sqft · SingleFamily · 92 Days on market

Built 1970 $224/sqft · at area comps Est $220k · at est.

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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).

• Cash flow +10.3/30.0
• Appreciation +9.1/10.0
• ARV discount +8.4/15.0
• DSCR +3.0/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.7/10.0
• Schools +1.4/10.0

Listing remarks MLS

Welcome to 222 N Lake Ave, Calipatria Discover the charm of small-town living at 222 N Lake Ave, Calipatria a delightful 3-bedroom, 2-bathroom home that embodies the warmth and simplicity of small-town America. Nestled in a friendly community, this property offers the perfect blend of comfort and convenience for families or individuals seeking a serene lifestyle. Prime Location. Situated right across the street from a beautiful park, this home provides easy access to outdoor recreation and a place for kids to play or for you to enjoy a leisurely stroll. The location is ideal, with the Public Library, Freemont Primary School, and shopping centers all within short distance. This makes daily errands and school runs a breeze, enhancing the quality of life for you and your family. Home Features Cozy Living Spaces. Inviting Living Room: The welcoming living room is perfect for relaxing after a long day or hosting friends and family. Functional Kitchen: Equipped with ample cabinetry and counter space, the kitchen is designed to make meal preparation easy and enjoyable. Spacious Master Suite: Enjoy the privacy and comfort of a generous master bedroom with an en-suite bathroom. Two Additional Bedrooms: The additional bedrooms offer flexibility for use as children's rooms, guest rooms, or a home office. Outdoor Enjoyment Large Backyard: The expansive backyard provides endless possibilities for outdoor fun, gardening, or simply unwinding in the fresh air. Calipatria is known for its tight-knit community and welcoming atmosphere. Residents enjoy a slower pace of life with the benefits of modern conveniences nearby. With nearby schools and amenities, it's an ideal place to raise a family or settle down in a peaceful environment. Make 222 N Lake Ave Your New Home. This charming property offers a unique opportunity to experience small-town life while remaining connected to essential amenities. If you're ready to embrace the tranquility and community spirit of Calipatria, 222 N Lake Ave is waiting for you. Contact your realtor today to schedule a viewing and start the next chapter in your life. #realestate #Imperialcounty #Calipatria #calexico #brawley#imperial #heber #holtville

Key facts

• Functional kitchen
• Shopping centers
• Public library

Tags

• PRIME LOCATION
• PUBLIC LIBRARY
• FREEMONT PRIMARY SCHOOL
• SHOPPING CENTERS
• FUNCTIONAL KITCHEN
• SPACIOUS MASTER SUITE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $-116 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $194k (9.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $145k (32.6% below list).
• Recommended offer: $145k (32.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 56/100 on livability (#789 in CA) — a working-class tenant base; expect higher turnover. Strengths: crime A+, housing A+; Watch: amenities F, commute F, employment D-.
• Calipatria Unified (town): math 9% / reading 27% proficiency, ranked #485 of 517 in CA (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 85% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Fremont Primary (math 8% / reading 12%, grade F, #1,535 of 1,571 statewide, top 98%, 370 students, 90% FRL); Bill E. Young Jr. Middle (math 8% / reading 26%, grade F, #443 of 498 statewide, top 90%, 358 students, 90% FRL); Calipatria High (math 12% / reading 57%, grade F, #618 of 1,170 statewide, top 56%, 369 students, 80% FRL) — zoned schools at 87% FRL track the district average.
• Market conditions: 22 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 271 units permitted in Imperial County in 2024 (112 in 5+ unit buildings).

Forward outlook

• In year one you build about $19k of equity ($1k loan paydown + $18k appreciation (8.2% local appreciation)).
• Imperial County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 2, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 92 days — a 9% lower offer ($196k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $145,000 (32.6% 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. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 33% concession, seller financing, or rate buy-down credit?
3. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.67% ✗
• Cap rate: 5.64%
• Cash-on-cash: -2.32%
• DSCR: 0.90
• GRM: 12.4

CMA / ARV

• ARV (median comp): $219,622
• List price: $215,000
• Delta: -2.10%
• Verdict: FAIR
• Comps: 13 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
133 E California	0.29mi	3/1.5	1,098 (+15%)	22mo	$240,000	$219	42

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

Projected returns pro-forma

8.24% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 18.8%
• Equity multiple: 2.40×
• Total profit: $84,384
• Equity at exit: $166,890

10-year hold

• IRR: 17.6%
• Equity multiple: 5.16×
• Total profit: $250,272
• Equity at exit: $334,718

Cash invested: $60,200 (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 92233

• Home prices YoY: 2.0%
• Active inventory: 22
• Price-to-rent: 12.4×

Monthly cashflow live

• Estimated rent: $1,450 medium
• Mortgage (P&I): −$1,127
• Tax from tax record: −$45 /mo · $536/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$304
• Net cashflow: $-116

Break-even live

Break-even rent $1,597

Max offer price $194,464

Occupancy floor —

Sensitivity live

Price	-10% $5	-5% $-55	+0% $-116	+5% $-177	+10% $-238
Rent	-10% $-231	-5% $-174	+0% $-116	+5% $-59	+10% $-2
Rate	-1.0pp $-8	-0.5pp $-62	base $-116	+0.5pp $-172	+1.0pp $-229

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
172 W Alamo St Unit 1 Calipatria, CA	2.0	1.0	880	$1,450	$1.65	45d	1	0.19mi

Listing history 3 events

1. 2026-03-20
   historical Active Under Contract 2201-char remark

   Show marketing remark (2201 chars)

   Welcome to 222 N Lake Ave, Calipatria Discover the charm of small-town living at 222 N Lake Ave, Calipatria a delightful 3-bedroom, 2-bathroom home that embodies the warmth and simplicity of small-town America. Nestled in a friendly community, this property offers the perfect blend of comfort and convenience for families or individuals seeking a serene lifestyle. Prime Location. Situated right across the street from a beautiful park, this home provides easy access to outdoor recreation and a place for kids to play or for you to enjoy a leisurely stroll. The location is ideal, with the Public Library, Freemont Primary School, and shopping centers all within short distance. This makes daily errands and school runs a breeze, enhancing the quality of life for you and your family. Home Features Cozy Living Spaces. Inviting Living Room: The welcoming living room is perfect for relaxing after a long day or hosting friends and family. Functional Kitchen: Equipped with ample cabinetry and counter space, the kitchen is designed to make meal preparation easy and enjoyable. Spacious Master Suite: Enjoy the privacy and comfort of a generous master bedroom with an en-suite bathroom. Two Additional Bedrooms: The additional bedrooms offer flexibility for use as children's rooms, guest rooms, or a home office. Outdoor Enjoyment Large Backyard: The expansive backyard provides endless possibilities for outdoor fun, gardening, or simply unwinding in the fresh air. Calipatria is known for its tight-knit community and welcoming atmosphere. Residents enjoy a slower pace of life with the benefits of modern conveniences nearby. With nearby schools and amenities, it's an ideal place to raise a family or settle down in a peaceful environment. Make 222 N Lake Ave Your New Home. This charming property offers a unique opportunity to experience small-town life while remaining connected to essential amenities. If you're ready to embrace the tranquility and community spirit of Calipatria, 222 N Lake Ave is waiting for you. Contact your realtor today to schedule a viewing and start the next chapter in your life. #realestate #Imperialcounty #Calipatria #calexico #brawley#imperial #heber #holtville

2. 2026-02-26
   listed $215,000 Active 1543-char remark

   Show marketing remark (1543 chars)

   Welcome to 222 N Lake Ave, Calipatria Discover the charm of small-town living at 222 N Lake Ave, Calipatria a delightful 3-bedroom, 2-bathroom home that embodies the warmth and simplicity of small-town America. Nestled in a friendly community, this property offers the perfect blend of comfort and convenience for families or individuals seeking a serene lifestyle. Prime Location. Situated right across the street from a beautiful park, this home provides easy access to outdoor recreation and a place for kids to play or for you to enjoy a leisurely stroll. The location is ideal, with the Public Library, Freemont Primary School, and shopping centers all within short distance. This makes daily errands and school runs a breeze, enhancing the quality of life for you and your family. Home Features Cozy Living Spaces. Inviting Living Room: The welcoming living room is perfect for relaxing after a long day or hosting friends and family. Functional Kitchen: Equipped with ample cabinetry and counter space, the kitchen is designed to make meal preparation easy and enjoyable. Spacious Master Suite: Enjoy the privacy and comfort of a generous master bedroom with an en-suite bathroom. Two Additional Bedrooms: The additional bedrooms offer flexibility for use as children's rooms, guest rooms, or a home office. Outdoor Enjoyment Large Backyard: The expansive backyard provides endless possibilities for outdoor fun, gardening, or simply unwinding in the fresh air. Calipatria is known for its tight-knit community and welcoming atmosphere.

3. 2026-02-11
   listed $215,000 Active 2201-char remark

   Show marketing remark (2201 chars)

   Welcome to 222 N Lake Ave, Calipatria Discover the charm of small-town living at 222 N Lake Ave, Calipatria a delightful 3-bedroom, 2-bathroom home that embodies the warmth and simplicity of small-town America. Nestled in a friendly community, this property offers the perfect blend of comfort and convenience for families or individuals seeking a serene lifestyle. Prime Location. Situated right across the street from a beautiful park, this home provides easy access to outdoor recreation and a place for kids to play or for you to enjoy a leisurely stroll. The location is ideal, with the Public Library, Freemont Primary School, and shopping centers all within short distance. This makes daily errands and school runs a breeze, enhancing the quality of life for you and your family. Home Features Cozy Living Spaces. Inviting Living Room: The welcoming living room is perfect for relaxing after a long day or hosting friends and family. Functional Kitchen: Equipped with ample cabinetry and counter space, the kitchen is designed to make meal preparation easy and enjoyable. Spacious Master Suite: Enjoy the privacy and comfort of a generous master bedroom with an en-suite bathroom. Two Additional Bedrooms: The additional bedrooms offer flexibility for use as children's rooms, guest rooms, or a home office. Outdoor Enjoyment Large Backyard: The expansive backyard provides endless possibilities for outdoor fun, gardening, or simply unwinding in the fresh air. Calipatria is known for its tight-knit community and welcoming atmosphere. Residents enjoy a slower pace of life with the benefits of modern conveniences nearby. With nearby schools and amenities, it's an ideal place to raise a family or settle down in a peaceful environment. Make 222 N Lake Ave Your New Home. This charming property offers a unique opportunity to experience small-town life while remaining connected to essential amenities. If you're ready to embrace the tranquility and community spirit of Calipatria, 222 N Lake Ave is waiting for you. Contact your realtor today to schedule a viewing and start the next chapter in your life. #realestate #Imperialcounty #Calipatria #calexico #brawley#imperial #heber #holtville

ⓘ 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: $536 · $45/mo
• Projected year-2 tax: $1,634 · $136/mo
• Expected delta: +$1,098/yr (+$91/mo · 204.7%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥114°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,400
• − Mortgage interest: −$12,043
• − Property taxes: −$536
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,392
• − Management: −$1,392
• − Depreciation: −$6,255
• Taxable loss: −$5,293
• Est. tax savings @ 24.0%: +$1,270
• After-tax cash flow: $-125/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: Calipatria Unified
• NCES district ID: 0606990
• Math proficiency: 9% ▼ -18.00%
• Reading proficiency: 27% ▼ -18.00%
• Median HH income: $30,088
• Composite: 14.28/100
• National rank: #9446
• State rank: #485 of 517 in CA

Livability — Calipatria

• Score: 56/100
• State rank: #789
• US rank: #22633

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Calipatria, CA
• Population (ZIP): 6,837

Population outlook (Imperial County) Hauer SSP2

• Today (2025): 186,713 people
• By 2030: 190,022 · +1.8%
• By 2040: 195,993 · +5.0%
• By 2050: 199,534 · +6.9%
• By 2075: 216,878 · +16.2%
• By 2100: 352,705 · +88.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (80%)
• Race & ethnicity: Hispanic / Latino 80% Two or more races 22% Black 9% White 7% Asian 1%
• Hispanic origin (detail): Mexican 75% Puerto Rican 1%
• Common ancestry: Iranian 1% Lithuanian 1% Slovak 0%
• Foreign-born: 20% · Canada, South Korea
• Languages at home: 31% English-only · Spanish 67% Korean 1%

Political lean MEDSL · Imperial

• 2024 margin: Toss-up / Even · D 48.3% · R 49.1% · Other 2.6%
• 2008→2024 swing: -27.0pp toward R · 2008: 26.2pp · 2024: -0.9pp
• All cycles: 2024: R+0.9 2020: D+24.4 2016: D+41.1 2012: D+28.8 2008: D+26.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 8.24%
• Current HPI: 426.7554
• Rent YoY: —
• Metro: —
• 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

+0.0% since first listed

3 events — show timeline

• 2026-03-20 Contingent — ICAOR
• 2026-02-26 Listed $215,000 SDMLS
• 2026-02-11 Listed $215,000 ICAOR

Property tax history

-4.3%/yr

Latest (2025): $536 · -5.9% YoY. Source: county tax records.