1301 Taft Hwy #27 · Bakersfield, CA 93307

$125,000

2 bd · 2.0 ba · 1,248 sqft · Manufactured public records · 124 Days on market

Built 1987 $100/sqft · 27% above area Est $98k · 27% over

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Why this score? — see what drove the C+ 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
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• Rent growth +3.9/5.0
• Schools +3.4/10.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Well-maintained double-wide manufactured home located in Southland Mobile Home Park. This move-in ready home offers 2 spacious bedrooms and 2 full bathrooms. The open-concept living area features a large, inviting living room ideal for entertaining and family gatherings. The kitchen provides ample cabinet space and flows seamlessly into the main living area. The primary bedroom includes a private full bathroom and generous closet space. The secondary bedroom is also well-sized and perfect for guests or family members. Located in a family-friendly community. Conveniently situated near shopping, dining, and major roadways. Schedule your showing today!

Key facts

• Ample cabinet space
• Community pool
• Built 1987

Tags

• DOUBLE-WIDE MANUFACTURED HOME
• OPEN-CONCEPT LIVING AREA
• AMPLE CABINET SPACE
• PRIVATE FULL BATHROOM
• GENEROUS CLOSET SPACE

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $125k.

Deal economics

• At list price, monthly cash flow is $662 ($8k/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 12.7% 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 11d on market — plan ~1-2 weeks tenant-placement turnaround); 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
• This rent runs 39% of the median local income ($56k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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 + 5.7% rent growth), your $35k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 124 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 22y 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 $93k; 34% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/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 124 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 1.48% ✓
• Cap rate: 12.65%
• Cash-on-cash: 22.71%
• DSCR: 2.01
• GRM: 5.6

CMA / ARV

• ARV (median comp): $98,422
• List price: $125,000
• Delta: 27.00%
• Verdict: OVERPRICED
• Comps: 5 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1301 Taft #91	0.00mi	3/2.0 (+1)	1,243 (-0%)	6mo	$75,000	$60	90
1301 Taft Hwy #58	0.00mi	3/2.0 (+1)	1,152 (-8%)	9mo	$100,000	$87	75
1301 Taft Hwy #96	0.11mi	3/2.0 (+1)	1,316 (+5%)	9mo	$99,900	$76	73
1301 Taft Hwy #163	0.00mi	3/1.8 (+1)	1,152 (-8%)	15mo	$60,000	$52	68
1301 Taft Hwy #31	0.00mi	3/2.0 (+1)	1,120 (-10%)	14mo	$130,000	$116	66

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: 18.5%
• Equity multiple: 1.77×
• Total profit: $27,086
• Equity at exit: $18,638

10-year hold

• IRR: 28.6%
• Equity multiple: 3.87×
• Total profit: $100,282
• 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 93307

• Rents YoY: 5.7%
• Active inventory: 311
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,846 high
• Mortgage (P&I): −$656
• Tax from tax record: −$89 /mo · $1,064/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $662

Break-even live

Break-even rent $1,008

Max offer price $125,000

Occupancy floor 59%

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 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1408 Interlaken Dr Bakersfield, CA	3.0	2.0	1159	$2,250	$1.94	21d	1	1.00mi
8914 S Union Ave Bakersfield, CA	3.0	2.0	1500	$1,950	$1.30	2d	1	1.10mi
600 Hosking Ave Unit 75B Bakersfield, CA	2.0	1.5	1008	$1,650	$1.64	21d	1	1.38mi
600 Hosking Ave Unit 47B Bakersfield, CA	2.0	1.5	1008	$1,650	$1.64	10d	1	1.38mi
600 Hosking Ave Unit 56A Bakersfield, CA	3.0	2.0	1200	$1,750	$1.46	2d	1	1.38mi
600 Hosking Ave Unit 51D Bakersfield, CA	3.0	2.0	1200	$1,800	$1.50	3d	1	1.38mi
600 Hosking Ave Unit 73D Bakersfield, CA	3.0	2.0	1230	$1,850	$1.50	43d	1	1.38mi
600 Hosking Ave Unit 43B Bakersfield, CA	2.0	1.5	1050	$1,650	$1.57	43d	1	1.38mi
600 Hosking Ave Apt 69A Bakersfield, CA	3.0	2.0	1208	$1,850	$1.53	19d	1	1.38mi
600 Hosking Ave Unit 47C Bakersfield, CA	2.0	1.5	1008	$1,650	$1.64	2d	1	1.38mi
1305 Quartz Hill Rd Bakersfield, CA	3.0	2.0	1351	$2,250	$1.67	2d	1	1.45mi

Listing history 29 events

1. 2026-06-18
   days on market $125,000 Active 124 DOM
2. 2026-06-17
   days on market $125,000 Active 123 DOM
3. 2026-06-16
   days on market $125,000 Active 122 DOM
4. 2026-06-15
   days on market $125,000 Active 121 DOM
5. 2026-06-14
   days on market $125,000 Active 119 DOM
6. 2026-06-13
   days on market $125,000 Active 118 DOM
7. 2026-06-10
   days on market $125,000 Active 116 DOM
8. 2026-06-09
   days on market $125,000 Active 115 DOM
9. 2026-06-08
   days on market $125,000 Active 114 DOM
10. 2026-06-07
    days on market $125,000 Active 113 DOM
11. 2026-06-05
    days on market $125,000 Active 110 DOM
12. 2026-06-03
    days on market $125,000 Active 109 DOM
13. 2026-06-03
    days on market $125,000 Active 108 DOM
14. 2026-06-01
    days on market $125,000 Active 107 DOM
15. 2026-05-31
    days on market $125,000 Active 106 DOM
16. 2026-02-17
    price $135,000 657-char remark

    Show marketing remark (657 chars)

    Well-maintained double-wide manufactured home located in Southland Mobile Home Park. This move-in ready home offers 2 spacious bedrooms and 2 full bathrooms. The open-concept living area features a large, inviting living room ideal for entertaining and family gatherings. The kitchen provides ample cabinet space and flows seamlessly into the main living area. The primary bedroom includes a private full bathroom and generous closet space. The secondary bedroom is also well-sized and perfect for guests or family members. Located in a family-friendly community. Conveniently situated near shopping, dining, and major roadways. Schedule your showing today!

17. 2026-02-13
    listed $130,000 Active 657-char remark

    Show marketing remark (657 chars)

    Well-maintained double-wide manufactured home located in Southland Mobile Home Park. This move-in ready home offers 2 spacious bedrooms and 2 full bathrooms. The open-concept living area features a large, inviting living room ideal for entertaining and family gatherings. The kitchen provides ample cabinet space and flows seamlessly into the main living area. The primary bedroom includes a private full bathroom and generous closet space. The secondary bedroom is also well-sized and perfect for guests or family members. Located in a family-friendly community. Conveniently situated near shopping, dining, and major roadways. Schedule your showing today!

18. 2024-10-03
    soldstatus $93,000 Sold 380-char remark

    Show marketing remark (380 chars)

    Southland Mobile Home Family Park remodeled spacious 1248sf 2 bed 2 bath Manufacture Home. Home includes fresh paint inside and out, new carpet and wood look vinyl flooring, new stainless steel appliances, large laundry room, new miniblinds, now toilets, new lighting, central a/c and much more. Outside includes large wood decking patio, plus open concrete area in the back yard.

19. 2024-09-16
    status Pending 380-char remark

    Show marketing remark (380 chars)

    Southland Mobile Home Family Park remodeled spacious 1248sf 2 bed 2 bath Manufacture Home. Home includes fresh paint inside and out, new carpet and wood look vinyl flooring, new stainless steel appliances, large laundry room, new miniblinds, now toilets, new lighting, central a/c and much more. Outside includes large wood decking patio, plus open concrete area in the back yard.

20. 2024-09-04
    status Active 380-char remark

    Show marketing remark (380 chars)

    Southland Mobile Home Family Park remodeled spacious 1248sf 2 bed 2 bath Manufacture Home. Home includes fresh paint inside and out, new carpet and wood look vinyl flooring, new stainless steel appliances, large laundry room, new miniblinds, now toilets, new lighting, central a/c and much more. Outside includes large wood decking patio, plus open concrete area in the back yard.

21. 2024-08-13
    status Pending 380-char remark

    Show marketing remark (380 chars)

    Southland Mobile Home Family Park remodeled spacious 1248sf 2 bed 2 bath Manufacture Home. Home includes fresh paint inside and out, new carpet and wood look vinyl flooring, new stainless steel appliances, large laundry room, new miniblinds, now toilets, new lighting, central a/c and much more. Outside includes large wood decking patio, plus open concrete area in the back yard.

22. 2024-08-10
    listed $95,000 Active 380-char remark

    Show marketing remark (380 chars)

    Southland Mobile Home Family Park remodeled spacious 1248sf 2 bed 2 bath Manufacture Home. Home includes fresh paint inside and out, new carpet and wood look vinyl flooring, new stainless steel appliances, large laundry room, new miniblinds, now toilets, new lighting, central a/c and much more. Outside includes large wood decking patio, plus open concrete area in the back yard.

23. 2013-09-25
    soldstatus $23,000
24. 2013-09-16
    historical
25. 2013-09-10
    listed $23,000
26. 2004-09-03
    soldstatus $36,000
27. 2004-08-24
    price $40,000
28. 2004-08-24
    historical
29. 2004-08-09
    listed $36,000

ⓘ 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: $1,064 · $89/mo
• Projected year-2 tax: $1,064 · $89/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 ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 33 unhealthy d/yr today · 37 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,156
• − Mortgage interest: −$7,002
• − Property taxes: −$1,064
• − Insurance: −$625
• − Repairs & maintenance: −$1,773
• − Management: −$1,773
• − Depreciation: −$3,636
• Taxable income: $6,284
• Est. tax owed @ 24.0%: −$1,508
• After-tax cash flow: $6,440/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

+275.0% since first listed

14 events — show timeline

• 2026-02-17 Price Changed $135,000 GEMLS
• 2026-02-13 Listed $130,000 GEMLS
• 2024-10-03 Sold (MLS) $93,000 GEMLS
• 2024-09-16 Pending — GEMLS
• 2024-09-04 Relisted — GEMLS
• 2024-08-13 Pending — GEMLS
• 2024-08-10 Listed $95,000 GEMLS
• 2013-09-25 Sold (MLS) $23,000 GEMLS
• 2013-09-16 Delisted — GEMLS
• 2013-09-10 Listed $23,000 GEMLS
• 2004-09-03 Sold (MLS) $36,000 GEMLS
• 2004-08-24 Delisted — GEMLS
• 2004-08-24 Price Changed $40,000 GEMLS
• 2004-08-09 Listed $36,000 GEMLS

Property tax history

+17.8%/yr

Latest (2025): $1,064 · +366.8% YoY. Source: county tax records.