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8485 Tamarack Ave
B- Composite 67.91
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 +20.6/30.0
  • ARV discount +15.0/15.0
  • Appreciation +10.0/10.0
  • DSCR +6.6/10.0
  • 1% rule +5.0/10.0
  • Rent growth +3.9/5.0
  • Condition / age +2.5/5.0
  • Livability +2.2/5.0
  • Schools +2.1/10.0

$199,000

8485 Tamarack Ave · California City, CA 93505
3 bd · 2.0 ba · 1,377 sqft · SingleFamily public records · 9 Days on market
Built 1989 9,583 sqft lot Est $270k · 26% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to this charming and affordable opportunity in California City! Priced under $200,000, this home offers incredible value with a newer roof and solar for added energy efficiency and long term savings. Step inside to a cozy living room featuring a beautiful wood-burning fireplace, perfect for relaxing evenings at home. The layout offers comfort and functionality, making it a great option for all buyers!Conveniently located for commuters, this home is ideal for anyone traveling to the nearby base while still enjoying the quiet, open surroundings that California City has to offer. Don't miss your chance to own this well priced home in a great location!

Key facts

  • Cozy living room
  • Solar
  • Newer roof

Tags

NEWER ROOFSOLARWOOD-BURNING FIREPLACECOZY LIVING ROOMGREAT LOCATION

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 3-bed/2.0-bath single-family listed at $199k.

Deal economics

  • At list price, monthly cash flow is $268 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $199k (0.1% below list).
  • Recommended offer: $199k (0.1% below list) — sets the bar for 1% rule.
  • Cap rate 7.9% vs local median 5.2% in California City — 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 44/100 on livability (#1,329 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: schools F, crime F, amenities F.
  • Mojave Unified (town): math 25% / reading 25% proficiency, ranked #411 of 517 in CA (top 80%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+5.5%/yr); 703 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
  • This rent runs 40% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $21k of equity ($1k loan paydown + $20k appreciation (10.0% local appreciation)).
  • Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 5.5% rent growth), your $56k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
  • 6 sale attempts since 24y 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 $144k; 39% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $198,836

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. 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?
  3. 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?
  4. 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.
  5. 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.
  6. 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
1.00%
Cap rate
7.91%
Cash-on-cash
5.76%
DSCR
1.26
GRM
8.3

CMA / ARV

ARV (on-the-fly)
$269,892
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
8485 Tamarack Ave 0.00mi 3/2.0 1,377 (0%) 0mo $205,000 $149 100
8413 Viburnum Ave 0.14mi 3/2.0 1,437 (+4%) 5mo $328,570 $229 82
20201 Airway Blvd 0.39mi 3/2.0 1,311 (-5%) 4mo $190,000 $145 70
20100 87th 0.29mi 3/2.0 1,222 (-11%) 3mo $240,000 $196 65
8348 Lime 0.39mi 3/2.0 1,537 (+12%) 1mo $265,150 $173 62
20024 87th 0.27mi 3/2.0 1,173 (-15%) 2mo $335,000 $286 60
20312 Graham St 0.53mi 3/2.0 1,514 (+10%) 0mo $315,000 $208 58
8260 Greenwood 0.73mi 3/2.0 1,432 (+4%) 4mo $290,000 $203 56
7950 Ironwood Ave 0.75mi 3/2.0 1,312 (-5%) 5mo $315,000 $240 53
8412 Ironwood 0.53mi 3/1.0 1,224 (-11%) 3mo $158,000 $129 50
8325 Jacarada 0.51mi 4/2.0 (+1) 1,548 (+12%) 3mo $299,990 $194 48
8424 Greenwood 0.69mi 3/2.0 1,567 (+14%) 3mo $235,000 $150 42

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

Projected returns pro-forma

10.0% appreciation · 5.45% rent growth · sell at horizon

5-year hold
IRR
29.4%
Equity multiple
3.34×
Total profit
$130,435
Equity at exit
$179,275
10-year hold
IRR
26.2%
Equity multiple
7.85×
Total profit
$381,927
Equity at exit
$386,613

Cash invested: $55,720 (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 93505

Home prices YoY
13.0%
Rents YoY
5.5%
Active inventory
703
Price-to-rent
8.3×

Monthly cashflow live

Estimated rent
$1,988 high interval (Pro) →
Mortgage (P&I)
$1,044
Tax from tax record
$177 /mo · $2,120/yr
Insurance
$83
HOA
$0
Vacancy / Maint / Mgmt
$418
Net cashflow
$268

Break-even live

Break-even rent $1,650
Max offer price $199,000
Occupancy floor 82%

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
$49,750
Closing costs
$5,970
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 33 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
8512 Tamarack Ave California City, CA 3.0 2.0 1502 $1,875 $1.25 23d 1 0.07mi
8449 Viburnum Ave California City, CA 3.0 2.0 1218 $1,695 $1.39 2d 1 0.14mi
8312 Tamarack Ave California City, CA 3.0 2.0 1539 $1,900 $1.23 23d 1 0.19mi
20001 Airway Blvd California City, CA 3.0 2.0 1050 $2,400 $2.29 23d 1 0.25mi
8560 Nipa Ave California City, CA 3.0 2.0 1309 $1,850 $1.41 14d 1 0.26mi
8260 Viburnum Ave California City, CA 3.0 2.0 1338 $2,000 $1.49 2d 1 0.27mi
8173 Viburnum Ave California City, CA 3.0 2.0 1482 $2,150 $1.45 2d 1 0.32mi
8124 Underwood Ave California City, CA 3.0 2.0 1507 $1,850 $1.23 23d 1 0.40mi
8648 Lime Ave California City, CA 3.0 2.0 1459 $2,400 $1.64 23d 1 0.41mi
8848 Oleander Ave California City, CA 3.0 2.0 1302 $1,900 $1.46 23d 1 0.41mi
20312 Dean Ct California City, CA 3.0 2.0 1742 $1,975 $1.13 14d 1 0.43mi
8160 Kalmia Ave California City, CA 3.0 2.0 1277 $1,795 $1.41 23d 1 0.51mi
20321 88th St California City, CA 3.0 2.0 1176 $2,100 $1.79 23d 1 0.52mi
9000 Underwood Ave California City, CA 3.0 2.0 1540 $1,900 $1.23 23d 1 0.54mi
8849 Glade Ave California City, CA 3.0 2.0 1586 $2,380 $1.50 10d 1 0.57mi
8801 S Loop Blvd California City, CA 3.0 2.0 1537 $2,600 $1.69 23d 1 0.76mi
20673 Medio St California City, CA 3.0 2.0 1690 $2,075 $1.23 23d 1 0.80mi
9225 Peach Ave Unit A California City, CA 3.0 2.0 1275 $1,950 $1.53 23d 1 0.80mi
8100 Fernwood Ave California City, CA 3.0 2.0 1336 $1,850 $1.38 23d 1 0.82mi
8651 S Loop Blvd California City, CA 2.0 1.0 1050 $1,650 $1.57 3d 1 0.88mi
9213 Holly Ave California City, CA 3.0 2.0 1339 $1,900 $1.42 3d 1 1.00mi
20961 83rd St Unit 6 California City, CA 2.0 2.0 1100 $1,300 $1.18 23d 1 1.06mi
9610 Oleander Ave Unit A California City, CA 2.0 1.0 1300 $1,575 $1.21 23d 1 1.10mi
8709 Xavier Ave Unit 3 California City, CA 2.0 1.0 900 $1,500 $1.67 14d 1 1.20mi
8531 Columbine Ave Unit B California City, CA 2.0 2.0 1000 $1,300 $1.30 14d 1 1.25mi
8318 Dogbane Ave Unit F California City, CA 2.0 1.0 880 $1,350 $1.53 23d 1 1.28mi
21032 79th St California City, CA 4.0 2.0 1228 $2,100 $1.71 23d 1 1.30mi
8816 Fuchsia Ave Unit PASSTHROUGH B California City, CA 2.0 2.0 1077 $1,550 $1.44 14d 1 1.37mi
21001 Berry St Unit 5 California City, CA 2.0 1.0 890 $1,150 $1.29 23d 1 1.39mi
7617 California City Blvd Apt B California City, CA 2.0 1.0 894 $1,225 $1.37 3d 1 1.41mi
21231 Corwin St California City, CA 3.0 2.0 1632 $2,500 $1.53 23d 1 1.43mi
7343 Dogwood Ave California City, CA 3.0 2.0 1301 $2,250 $1.73 23d 1 1.44mi
7819 Walpole Ave California City, CA 2.0 1.0 900 $1,399 $1.55 23d 1 1.50mi

Listing history 19 events

  1. 2026-04-22
    status Pending 664-char remark
    Show marketing remark (664 chars)

    Welcome to this charming and affordable opportunity in California City! Priced under $200,000, this home offers incredible value with a newer roof and solar for added energy efficiency and long term savings. Step inside to a cozy living room featuring a beautiful wood-burning fireplace, perfect for relaxing evenings at home. The layout offers comfort and functionality, making it a great option for all buyers!Conveniently located for commuters, this home is ideal for anyone traveling to the nearby base while still enjoying the quiet, open surroundings that California City has to offer. Don't miss your chance to own this well priced home in a great location!

  2. 2026-04-22
    status Pending
    Show marketing remark (664 chars)

    Welcome to this charming and affordable opportunity in California City! Priced under $200,000, this home offers incredible value with a newer roof and solar for added energy efficiency and long term savings. Step inside to a cozy living room featuring a beautiful wood-burning fireplace, perfect for relaxing evenings at home. The layout offers comfort and functionality, making it a great option for all buyers!Conveniently located for commuters, this home is ideal for anyone traveling to the nearby base while still enjoying the quiet, open surroundings that California City has to offer. Don't miss your chance to own this well priced home in a great location!

  3. 2026-04-13
    listed $199,000 Active 664-char remark
    Show marketing remark (664 chars)

    Welcome to this charming and affordable opportunity in California City! Priced under $200,000, this home offers incredible value with a newer roof and solar for added energy efficiency and long term savings. Step inside to a cozy living room featuring a beautiful wood-burning fireplace, perfect for relaxing evenings at home. The layout offers comfort and functionality, making it a great option for all buyers!Conveniently located for commuters, this home is ideal for anyone traveling to the nearby base while still enjoying the quiet, open surroundings that California City has to offer. Don't miss your chance to own this well priced home in a great location!

  4. 2026-04-13
    listed $199,000 Active
    Show marketing remark (664 chars)

    Welcome to this charming and affordable opportunity in California City! Priced under $200,000, this home offers incredible value with a newer roof and solar for added energy efficiency and long term savings. Step inside to a cozy living room featuring a beautiful wood-burning fireplace, perfect for relaxing evenings at home. The layout offers comfort and functionality, making it a great option for all buyers!Conveniently located for commuters, this home is ideal for anyone traveling to the nearby base while still enjoying the quiet, open surroundings that California City has to offer. Don't miss your chance to own this well priced home in a great location!

  5. 2018-07-31
    soldstatus $143,500 Closed 261-char remark
    Show marketing remark (261 chars)

    This is a nice quaint home on natural gas not far from schools and downtown. Has a nice size pantry area. Large yard for your animals or maybe your toys. Designed painted floors and some newer pressed wood flooring. Come and see this one, it will not last long.

  6. 2018-07-31
    soldstatus $143,500
    Show marketing remark (261 chars)

    This is a nice quaint home on natural gas not far from schools and downtown. Has a nice size pantry area. Large yard for your animals or maybe your toys. Designed painted floors and some newer pressed wood flooring. Come and see this one, it will not last long.

  7. 2018-06-19
    status Pending 261-char remark
    Show marketing remark (261 chars)

    This is a nice quaint home on natural gas not far from schools and downtown. Has a nice size pantry area. Large yard for your animals or maybe your toys. Designed painted floors and some newer pressed wood flooring. Come and see this one, it will not last long.

  8. 2018-04-30
    listed $139,900 Active 261-char remark
    Show marketing remark (261 chars)

    This is a nice quaint home on natural gas not far from schools and downtown. Has a nice size pantry area. Large yard for your animals or maybe your toys. Designed painted floors and some newer pressed wood flooring. Come and see this one, it will not last long.

  9. 2009-11-04
    soldstatus $73,000
  10. 2009-11-03
    soldstatus $72,000
  11. 2009-06-10
    listed $79,900
  12. 2009-05-22
    soldstatus $40,000
  13. 2008-10-22
    listed $41,500
  14. 2002-08-29
    soldstatus $102,500
  15. 2002-08-29
    soldstatus $102,500
  16. 2002-04-19
    listed $102,500
  17. 1989-06-20
    soldstatus $86,000
  18. 1989-05-01
    soldstatus $92,000
  19. 1989-03-01
    soldstatus $9,000

ⓘ 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
$2,120 · $177/mo
Projected year-2 tax
$2,120 · $177/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 1/10 Low
  • 🌡 Heat 8/10 Severe 7 d/yr ≥101°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 7/10 Severe 13 unhealthy d/yr today · 17 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$23,860
− Mortgage interest
−$11,147
− Property taxes
−$2,120
− Insurance
−$995
− Repairs & maintenance
−$1,909
− Management
−$1,909
− Depreciation
−$5,789
Taxable loss
−$8
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2
After-tax cash flow
$3,214/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
Mojave Unified
NCES district ID
0625230
Math proficiency
25% ▲ 11.00%
Reading proficiency
25% ▼ -1.00%
Median HH income
$43,017
Composite
21.4/100
National rank
#8350
State rank
#411 of 517 in CA

Livability — California City

Score
44/100
State rank
#1329
US rank
#26753

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
California City, CA
County
Kern County · 710,371 people
City population
14,353
Metro
Bakersfield, CA
Population (ZIP)
14,353
Household income
$59,827
Rent vs Own
44.6% rent · 55.4% own
Severe rent burden
883.0

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
Highly diverse neighborhood (Simpson 0.70)
Race & ethnicity
Hispanic / Latino 40% White 30% Black 22% Two or more races 16% Native American 3% Asian 1%
Hispanic origin (detail)
Mexican 29%
Common ancestry
Italian 3% Lithuanian 1% Romanian 1%
Foreign-born
13% · Canada, Dominican Republic
Languages at home
68% English-only · Spanish 29%

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
▲ 46.32%
Current HPI
402.4192
Rent YoY
▲ 5.45%
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

+2111.1% since first listed
19 events — show timeline
  • 2026-04-22 Pending TAAR
  • 2026-04-22 Pending GEMLS
  • 2026-04-13 Listed $199,000 GEMLS
  • 2026-04-13 Listed $199,000 TAAR
  • 2018-07-31 Sold (Public Records) $143,500 Public Records
  • 2018-07-31 Sold (MLS) $143,500 AVMLS
  • 2018-06-19 Pending AVMLS
  • 2018-04-30 Listed $139,900 AVMLS
  • 2009-11-04 Sold (MLS) $73,000 AVMLS
  • 2009-11-03 Sold (Public Records) $72,000 Public Records
  • 2009-06-10 Listed $79,900 AVMLS
  • 2009-05-22 Sold (MLS) $40,000 AVMLS
  • 2008-10-22 Listed $41,500 AVMLS
  • 2002-08-29 Sold (Public Records) $102,500 Public Records
  • 2002-08-29 Sold (MLS) $102,500 AVMLS
  • 2002-04-19 Listed $102,500 AVMLS
  • 1989-06-20 Sold (Public Records) $86,000 Public Records
  • 1989-05-01 Sold (Public Records) $92,000 Public Records
  • 1989-03-01 Sold (Public Records) $9,000 Public Records

Property tax history

+7.9%/yr

Latest (2025): $2,120 · -5.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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