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3300 W 15th St Spc 59
B- Composite 66.47
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
  • Appreciation +6.2/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.2/10.0
  • ARV discount +0.6/15.0

$125,000

3300 W 15th St Spc 59 · Rosamond, CA 93560
3 bd · 2.0 ba · 1,420 sqft · Manufactured public records · 316 Days on market
Built 1978 4,000 sqft lot $88/sqft · 15% above area Est $108k · 15% over ↓ 29% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Step into this spacious and inviting 5-bedroom, 2-bathroom mobile home, ideally located in the highly sought-after Desert Oasis Park. Thoughtfully designed for everyday living and entertaining, this home features a fully equipped kitchen, a cozy dining area, and a generous living room that offers plenty of space to relax or host guests. Enjoy the ease of living just minutes from popular shopping centers, dining spots, and with quick access to major freeways—bringing both convenience and lifestyle to your doorstep. Don't miss your chance to call this charming and well-located home your own. Schedule a showing today!

Key facts

  • Cozy dining area
  • Generous living room
  • 4,000 sq ft lot

Tags

FULLY EQUIPPED KITCHENCOZY DINING AREAGENEROUS LIVING ROOMQUICK ACCESS TO MAJOR FREEWAYS

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 manufactured listed at $125k.

Deal economics

  • At list price, monthly cash flow is $837 ($10k/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: $110k (12.0% below list) — sets the bar for market timing.
  • Cap rate 14.3% vs local median 4.3% in Rosamond — 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 49/100 on livability (#1,178 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: schools F, crime F, amenities F.
  • Southern Kern Unified (town): math 25% / reading 25% proficiency, ranked #387 of 517 in CA (top 75%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 461 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $4k of equity ($864 loan paydown + $3k appreciation (2.4% local appreciation)).
  • Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (2.4% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 9, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 316 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask has dropped $15k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 5→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $110,000 (12.0% below list)

Questions for the listing agent

  1. It's been on market 316 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
1.72%
Cap rate
14.32%
Cash-on-cash
28.69%
DSCR
2.28
GRM
4.8

CMA / ARV

ARV (median comp)
$108,318
List price
$125,000
Delta
15.40%
Verdict
OVERPRICED
Comps
13 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3300 15th W #389 0.00mi 3/2.0 1,440 (+1%) 1mo $102,000 $71 97
3300 W 15th St W #360 0.00mi 3/2.0 1,440 (+1%) 5mo $130,000 $90 94
3300 W 15th St Spc 151 0.00mi 3/2.0 1,440 (+1%) 9mo $131,000 $91 90
3300 W 15th St Spc 340 0.00mi 3/2.0 1,344 (-5%) 6mo $120,000 $89 86
3300 15th St W #59 0.00mi 3/3.0 1,420 (0%) 15mo $120,000 $85 83
3300 15th St W #39 0.00mi 3/2.0 1,536 (+8%) 6mo $65,000 $42 81
3300 15th St W #367 0.00mi 4/2.0 (+1) 1,392 (-2%) 13mo $129,900 $93 81
3300 15th St W #102 0.00mi 3/2.0 1,488 (+5%) 15mo $122,100 $82 79
1335 Richfield Ave 0.21mi 3/2.0 1,296 (-9%) 3mo $320,000 $247 73
3300 W 15th St Spc 376 0.00mi 4/2.0 (+1) 1,584 (+12%) 9mo $142,400 $90 68
3303 Sierra Hwy Hwy #60 0.58mi 3/2.0 1,440 (+1%) 8mo $110,000 $76 64
0.60mi 4/2.0 (+1) 1,325 (-7%) 13mo $125,000 $94 45

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

Projected returns pro-forma

2.4% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
33.6%
Equity multiple
2.84×
Total profit
$64,487
Equity at exit
$52,066
10-year hold
IRR
34.4%
Equity multiple
5.57×
Total profit
$159,910
Equity at exit
$77,159

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.

ZIP-level market 93560

Home prices YoY
0.6%
Active inventory
461
Price-to-rent
4.8×

Monthly cashflow live

Estimated rent
$2,153 high interval (Pro) →
Mortgage (P&I)
$656
Tax est. 1.5%
$156 /mo · $1,875/yr
Insurance
$52
HOA
$0
Vacancy / Maint / Mgmt
$452
Net cashflow
$837

Break-even live

Break-even rent $1,093
Max offer price $125,000
Occupancy floor 56%

Sensitivity live

Price -10% $923 -5% $880 +0% $837 +5% $793 +10% $750
Rent -10% $667 -5% $752 +0% $837 +5% $922 +10% $1,007
Rate -1.0pp $900 -0.5pp $868 base $837 +0.5pp $804 +1.0pp $771

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

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 18 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3400 15th St W Unit 118 Rosamond, CA 2.0 1.5 1050 $1,600 $1.52 11d 1 0.11mi
3400 15th St W Unit 21 Rosamond, CA 2.0 1.0 950 $1,495 $1.57 11d 1 0.12mi
3400 15th St W Rosamond, CA 2.0 1.0 1000 $1,498 $1.50 0d 4 0.18mi
1225 Barrington Ave Rosamond, CA 3.0 2.0 1072 $2,200 $2.05 0d 1 0.57mi
2821 Desert St Unit C Rosamond, CA 2.0 1.0 975 $1,795 $1.84 0d 1 0.80mi
3172 Shelley St Rosamond, CA 4.0 2.0 1192 $2,300 $1.93 23d 1 0.82mi
2910 B St Rosamond, CA 2.0 1.5 1775 $1,542 $0.87 20d 1 0.86mi
1838 Center St Unit A Rosamond, CA 3.0 2.5 1495 $2,000 $1.34 0d 1 0.87mi
1838 Center St Unit A Rosamond, CA 3.0 2.5 1475 $2,000 $1.36 11d 1 0.87mi
2300 Panorama Ln Rosamond, CA 2.0 2.0 1121 $2,300 $2.05 44d 1 0.94mi
2416 W Valley Vis Rosamond, CA 3.0 2.0 1343 $2,250 $1.68 16d 1 1.07mi
2436 Horizon Dr Rosamond, CA 3.0 2.0 1416 $4,500 $3.18 44d 1 1.10mi
2516 Starbrite Ave Rosamond, CA 3.0 2.0 1542 $2,900 $1.88 0d 1 1.20mi
2051 Candice Ave Rosamond, CA 3.0 2.0 1345 $2,395 $1.78 16d 1 1.21mi
2608 Starbrite Ave Rosamond, CA 4.0 2.0 1542 $2,795 $1.81 0d 1 1.28mi
3317 Dale Ct Rosamond, CA 3.0 2.0 1330 $800 $0.60 0d 1 1.34mi
1953 Marie Ave Apt A Rosamond, CA 4.0 3.0 1753 $2,550 $1.45 44d 1 1.49mi
1953 Marie Ave Apt A Rosamond, CA 4.0 3.0 1753 $2,550 $1.45 4d 1 1.49mi

Listing history 22 events

  1. 2026-06-16
    days on market $125,000 Active 316 DOM
  2. 2026-06-15
    days on market $125,000 Active 315 DOM
  3. 2026-06-13
    days on market $125,000 Active 313 DOM
  4. 2026-06-13
    days on market $125,000 Active 312 DOM
  5. 2026-06-09
    days on market $125,000 Active 309 DOM
  6. 2026-06-08
    days on market $125,000 Active 308 DOM
  7. 2026-06-07
    days on market $125,000 Active 307 DOM
  8. 2026-06-04
    days on market $125,000 Active 304 DOM
  9. 2026-06-03
    days on market $125,000 Active 303 DOM
  10. 2026-06-02
    days on market $125,000 Active 302 DOM
  11. 2026-06-01
    days on market $125,000 Active 301 DOM
  12. 2026-05-31
    days on market $125,000 Active 300 DOM
  13. 2026-04-01
    price $125,000 628-char remark
    Show marketing remark (628 chars)

    Step into this spacious and inviting 5-bedroom, 2-bathroom mobile home, ideally located in the highly sought-after Desert Oasis Park. Thoughtfully designed for everyday living and entertaining, this home features a fully equipped kitchen, a cozy dining area, and a generous living room that offers plenty of space to relax or host guests. Enjoy the ease of living just minutes from popular shopping centers, dining spots, and with quick access to major freeways—bringing both convenience and lifestyle to your doorstep. Don't miss your chance to call this charming and well-located home your own. Schedule a showing today!

  14. 2025-12-30
    price $130,000 628-char remark
    Show marketing remark (628 chars)

    Step into this spacious and inviting 5-bedroom, 2-bathroom mobile home, ideally located in the highly sought-after Desert Oasis Park. Thoughtfully designed for everyday living and entertaining, this home features a fully equipped kitchen, a cozy dining area, and a generous living room that offers plenty of space to relax or host guests. Enjoy the ease of living just minutes from popular shopping centers, dining spots, and with quick access to major freeways—bringing both convenience and lifestyle to your doorstep. Don't miss your chance to call this charming and well-located home your own. Schedule a showing today!

  15. 2025-08-04
    listed $140,000 Active 628-char remark
    Show marketing remark (628 chars)

    Step into this spacious and inviting 5-bedroom, 2-bathroom mobile home, ideally located in the highly sought-after Desert Oasis Park. Thoughtfully designed for everyday living and entertaining, this home features a fully equipped kitchen, a cozy dining area, and a generous living room that offers plenty of space to relax or host guests. Enjoy the ease of living just minutes from popular shopping centers, dining spots, and with quick access to major freeways—bringing both convenience and lifestyle to your doorstep. Don't miss your chance to call this charming and well-located home your own. Schedule a showing today!

  16. 2025-03-13
    soldstatus $120,000 Closed Sale 465-char remark
    Show marketing remark (465 chars)

    : Discover comfort and convenience in this spacious 3 bedroom, 2 bathroom mobile home located in desirable Desert Oasis Park. This home features a full kitchen, a cozy dining area, and a generous living room, perfect for relaxing or entertaining. Ideally situated near shopping centers, dining options, and with easy freeway access, this home offers the perfect combination of practicality and lifestyle. Don't miss the opportunity to make this charming home yours.

  17. 2025-03-13
    soldstatus $120,000 Closed
    Show marketing remark (465 chars)

    : Discover comfort and convenience in this spacious 3 bedroom, 2 bathroom mobile home located in desirable Desert Oasis Park. This home features a full kitchen, a cozy dining area, and a generous living room, perfect for relaxing or entertaining. Ideally situated near shopping centers, dining options, and with easy freeway access, this home offers the perfect combination of practicality and lifestyle. Don't miss the opportunity to make this charming home yours.

  18. 2025-02-21
    status Pending Sale 465-char remark
    Show marketing remark (465 chars)

    : Discover comfort and convenience in this spacious 3 bedroom, 2 bathroom mobile home located in desirable Desert Oasis Park. This home features a full kitchen, a cozy dining area, and a generous living room, perfect for relaxing or entertaining. Ideally situated near shopping centers, dining options, and with easy freeway access, this home offers the perfect combination of practicality and lifestyle. Don't miss the opportunity to make this charming home yours.

  19. 2025-02-21
    status Pending
    Show marketing remark (465 chars)

    : Discover comfort and convenience in this spacious 3 bedroom, 2 bathroom mobile home located in desirable Desert Oasis Park. This home features a full kitchen, a cozy dining area, and a generous living room, perfect for relaxing or entertaining. Ideally situated near shopping centers, dining options, and with easy freeway access, this home offers the perfect combination of practicality and lifestyle. Don't miss the opportunity to make this charming home yours.

  20. 2025-01-09
    listed $120,000 Active 465-char remark
    Show marketing remark (465 chars)

    : Discover comfort and convenience in this spacious 3 bedroom, 2 bathroom mobile home located in desirable Desert Oasis Park. This home features a full kitchen, a cozy dining area, and a generous living room, perfect for relaxing or entertaining. Ideally situated near shopping centers, dining options, and with easy freeway access, this home offers the perfect combination of practicality and lifestyle. Don't miss the opportunity to make this charming home yours.

  21. 2025-01-09
    listed $120,000 Active
    Show marketing remark (465 chars)

    : Discover comfort and convenience in this spacious 3 bedroom, 2 bathroom mobile home located in desirable Desert Oasis Park. This home features a full kitchen, a cozy dining area, and a generous living room, perfect for relaxing or entertaining. Ideally situated near shopping centers, dining options, and with easy freeway access, this home offers the perfect combination of practicality and lifestyle. Don't miss the opportunity to make this charming home yours.

  22. 2023-03-21
    price $175,000

ⓘ 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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 7/10 Severe 5 d/yr ≥101°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 7/10 Severe 14 unhealthy d/yr today · 18 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
$25,830
− Mortgage interest
−$7,002
− Property taxes
−$1,875
− Insurance
−$625
− Repairs & maintenance
−$2,066
− Management
−$2,066
− Depreciation
−$3,636
Taxable income
$8,559
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,054
After-tax cash flow
$7,986/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
Southern Kern Unified
NCES district ID
0637620
Math proficiency
25% ▲ 7.00%
Reading proficiency
25% ▼ -8.00%
Median HH income
$54,523
Composite
22.5/100
National rank
#8093
State rank
#387 of 517 in CA

Livability — Rosamond

Score
49/100
State rank
#1178
US rank
#25952

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Rosamond, CA
County
Kern County · 710,371 people
City population
22,119
Metro
Bakersfield, CA
Population (ZIP)
22,119
Household income
$77,431
Rent vs Own
22.6% rent · 77.4% own
Severe rent burden
425.0

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 0.68)
Race & ethnicity
Hispanic / Latino 45% White 32% Two or more races 17% Black 13% Asian 3% Native American 1%
Hispanic origin (detail)
Mexican 35%
Common ancestry
Portuguese 2% Italian 2% Lithuanian 1%
Foreign-born
13% · Canada
Languages at home
68% English-only · Spanish 28% Other Indo-European 2% Other Asian/Pacific 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
▲ 2.40%
Current HPI
403.7206
Rent YoY
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

-28.6% since first listed
10 events — show timeline
  • 2026-04-01 Price Changed $125,000 AVMLS
  • 2025-12-30 Price Changed $130,000 AVMLS
  • 2025-08-04 Listed $140,000 AVMLS
  • 2025-03-13 Sold (MLS) $120,000 AVMLS
  • 2025-03-13 Sold (MLS) $120,000 CRMLS
  • 2025-02-21 Pending CRMLS
  • 2025-02-21 Pending AVMLS
  • 2025-01-09 Listed $120,000 AVMLS
  • 2025-01-09 Listed $120,000 CRMLS
  • 2023-03-21 Price Changed $175,000 AVMLS

Property tax history

+10.8%/yr

Latest (2025): $34 · +19.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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