7004 Foothill Dr · Lake of the Woods, CA 93225

$399,999

2 bd · 2.0 ba · 560 sqft · MultiFamily public records · 92 Days on market

Built 1960 8,712 sqft lot $714/sqft · 331% above area Est $390k · at est.

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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 +29.0/30.0
• DSCR +10.0/10.0
• 1% rule +7.6/10.0
• ARV discount +6.4/15.0
• Rent growth +2.5/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Livability +2.2/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Welcome to 7004 Foothill Drive in scenic Frazier Park, a charming mountain retreat perfect for weekend getaways or full-time living. This inviting two-story home offers 4 bedrooms and 2 bathrooms, featuring beautiful wood flooring and warm wood paneling throughout, creating a cozy cabin-like atmosphere. The main level boasts an open floor plan ideal for entertaining and family gatherings, with a spacious living area that flows seamlessly into the kitchen, complete with tile countertops and ample workspace. A versatile loft area adds additional living or relaxation space, perfect for a home office, reading nook, or guest overflow. Enjoy the beauty of all four seasons in this peaceful setting, surrounded by nature while still conveniently located between Bakersfield and Santa Clarita for easy commuting. The property also includes a detached 2nd Unit, offering its own kitchen, bathroom, and a generously sized loft—ideal for guests, extended family, or potential rental income. Whether you're looking for a serene retreat or a place to call home year-round, this unique property is a must-see! * * * This home qualifies for 100% financing, no down payment options (for qualified buyers), and potentially lower monthly payments—an excellent opportunity for eligible buyers looking to maximize affordability. * * *

Key facts

• Open floor plan
• Versatile loft area
• Peaceful setting

Tags

• OPEN FLOOR PLAN
• DETACHED 2ND UNIT
• VERSATILE LOFT AREA
• PEACEFUL SETTING

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath multifamily listed at $400k.

Deal economics

• At list price, monthly cash flow is $1k ($16k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $400k).
• Recommended offer: $364k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.4% vs local median 3.5% in Lake of the Woods — 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 45/100 on livability (#1,303 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: employment D, schools D-, crime F.
• El Tejon Unified (rural): math 13% / reading 45% proficiency, ranked #361 of 517 in CA (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 122 active listings in the ZIP; 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 $3k of loan paydown is wiped out by about $12k 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 + 3.0% rent growth), your $112k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 92 days — a 9% lower offer ($364k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y 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.

Risks & watch-outs

• Climate carrying-cost: severe wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $363,999 (9.0% below list)

Questions for the listing agent

1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — 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 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?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.26% ✓
• Cap rate: 10.39%
• Cash-on-cash: 14.64%
• DSCR: 1.65
• GRM: 6.6

CMA / ARV

• ARV (median comp): $390,385
• List price: $399,999
• Delta: 2.46%
• Verdict: FAIR
• Comps: 9 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 5.1%
• Equity multiple: 1.20×
• Total profit: $22,171
• Equity at exit: $59,641

10-year hold

• IRR: 14.5%
• Equity multiple: 2.17×
• Total profit: $131,288
• Equity at exit: $34,585

Cash invested: $112,000 (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 93225

• Home prices YoY: -5.5%
• Active inventory: 122
• Price-to-rent: 19.8×

Monthly cashflow live

• Estimated rent: $5,050 medium
• Mortgage (P&I): −$2,098
• Tax from tax record: −$359 /mo · $4,311/yr
• Insurance: −$167
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,060
• Net cashflow: $1,366

Break-even live

Break-even rent $3,321

Max offer price $399,999

Occupancy floor 68%

Sensitivity live

Price	-10% $1,592	-5% $1,479	+0% $1,366	+5% $1,253	+10% $1,140
Rent	-10% $967	-5% $1,166	+0% $1,366	+5% $1,565	+10% $1,765
Rate	-1.0pp $1,567	-0.5pp $1,468	base $1,366	+0.5pp $1,262	+1.0pp $1,157

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	2	1	$5,049
Total (3 units)			$5,050

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: $100,000
• Closing costs: $12,000
• Reserves months: —
• Total cash needed: —

Listing history 33 events

1. 2026-06-18
   days on market $399,999 Active 92 DOM
2. 2026-06-17
   days on market $399,999 Active 91 DOM
3. 2026-06-16
   days on market $399,999 Active 90 DOM
4. 2026-06-15
   price $399,999 Active 89 DOM
5. 2026-06-15
   days on market $410,000 Active 89 DOM
6. 2026-06-14
   days on market $410,000 Active 87 DOM
7. 2026-06-13
   days on market $410,000 Active 86 DOM
8. 2026-06-10
   days on market $410,000 Active 84 DOM
9. 2026-06-09
   days on market $410,000 Active 83 DOM
10. 2026-06-08
    days on market $410,000 Active 82 DOM
11. 2026-06-07
    days on market $410,000 Active 81 DOM
12. 2026-06-05
    days on market $410,000 Active 78 DOM
13. 2026-06-03
    days on market $410,000 Active 77 DOM
14. 2026-06-03
    days on market $410,000 Active 76 DOM
15. 2026-06-01
    days on market $410,000 Active 75 DOM
16. 2026-05-31
    days on market $410,000 Active 74 DOM
17. 2026-03-18
    listed $410,000 Active 1344-char remark

    Show marketing remark (1344 chars)

    Welcome to 7004 Foothill Drive in scenic Frazier Park, a charming mountain retreat perfect for weekend getaways or full-time living. This inviting two-story home offers 4 bedrooms and 2 bathrooms, featuring beautiful wood flooring and warm wood paneling throughout, creating a cozy cabin-like atmosphere. The main level boasts an open floor plan ideal for entertaining and family gatherings, with a spacious living area that flows seamlessly into the kitchen, complete with tile countertops and ample workspace. A versatile loft area adds additional living or relaxation space, perfect for a home office, reading nook, or guest overflow. Enjoy the beauty of all four seasons in this peaceful setting, surrounded by nature while still conveniently located between Bakersfield and Santa Clarita for easy commuting. The property also includes a detached 2nd Unit, offering its own kitchen, bathroom, and a generously sized loft—ideal for guests, extended family, or potential rental income. Whether you're looking for a serene retreat or a place to call home year-round, this unique property is a must-see! * * * This home qualifies for 100% financing, no down payment options (for qualified buyers), and potentially lower monthly payments—an excellent opportunity for eligible buyers looking to maximize affordability. * * *

18. 2023-01-13
    soldstatus $350,000 Closed Sale 1541-char remark

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

19. 2023-01-13
    soldstatus $350,000

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

20. 2023-01-05
    status Pending Sale 1541-char remark

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

21. 2022-12-30
    soldstatus $350,000 Closed Sale 1541-char remark

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

22. 2022-10-29
    status Pending Sale 1541-char remark

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

23. 2022-10-17
    status Active 1541-char remark

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

24. 2022-09-18
    status Pending Sale 1541-char remark

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

25. 2022-08-23
    price $359,990 1541-char remark

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

26. 2022-08-09
    price $394,999 1541-char remark

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

27. 2022-07-24
    status Active 1541-char remark

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

28. 2022-07-24
    price $399,000 1541-char remark

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

29. 2022-06-21
    status Active 1541-char remark

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

30. 2022-06-01
    listed $419,500 1541-char remark

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

31. 2022-06-01
    historical 1541-char remark

    Show marketing remark (1541 chars)

    Two homes in One! Charming 3+2 Main home with an over $500 monthly income detached home too!?! Huge Price reduction too??? Larger home is the upfront and offers 3+2 with Loft, office space and full size 2 car Garage! Over 1800 sq ft with an extended driveway gives plenty of parking! Built in 1980 with amazing views and character, this home is considered a main home with Recessed & Track lighting with Wood paneling thru out. The remodeled kitchen with Island gives plenty of eating areas and your lovely deck will offer many happy mornings with your coffee/tea and view of the beautiful surrounding mountains in which Frazier is known for. Vaulted ceilings give this already specious home even more delight! Will also have a recently installed Septic worth over 25k! Backyard is fenced for kids/pups and manicured with steps that lead up to the back home, which is a SFR, over 400 sq ft with its very own kitchen, living room with fireplace and loft area for sleeping! Also has front porch and offers its own water rights and utilities should you want to change desired intent and dreams. Frazier Park is known for its small-town cabin charm and Mom and Pops shops like organic health food stores and an elegant deli offering a wide range of refreshments and yet still close to booming cities like Santa Clarita, Tejon, Palmdale & Lancaster for work and pleasure. Come see this amazing home soon and think of all the potential it will offer. Contact your local professional for more info on previous appraisal and inspections.

32. 2003-05-30
    soldstatus $184,000
33. 1988-12-13
    soldstatus $100,000

ⓘ 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: $4,311 · $359/mo
• Projected year-2 tax: $4,311 · $359/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 9/10 Extreme
• 🌡 Heat 2/10 Low 9 d/yr ≥82°F today · 23 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

Taxation est. · year 1

• Rental income: $60,600
• − Mortgage interest: −$22,406
• − Property taxes: −$4,311
• − Insurance: −$2,000
• − Repairs & maintenance: −$4,848
• − Management: −$4,848
• − Depreciation: −$11,636
• Taxable income: $10,551
• Est. tax owed @ 24.0%: −$2,532
• After-tax cash flow: $13,859/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: El Tejon Unified
• NCES district ID: 0600026
• Math proficiency: 13% ▼ -12.00%
• Reading proficiency: 45% ▼ -2.00%
• Median HH income: $49,019
• Composite: 25.15/100
• National rank: #7519
• State rank: #361 of 517 in CA

Livability — Lake of the Woods

• Score: 45/100
• State rank: #1303
• US rank: #26614

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lake of the Woods, CA
• Population (ZIP): 4,532

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 White (83%)
• Race & ethnicity: White 83% Hispanic / Latino 14% Two or more races 8%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Slovak 5% Serbian 3% Portuguese 3%
• Foreign-born: 9% · Canada, South Korea
• Languages at home: 90% English-only · Spanish 8% 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: ▼ -20.47%
• Current HPI: 354.6398
• 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

+310.0% since first listed

17 events — show timeline

• 2026-03-18 Listed $410,000 CRMLS
• 2023-01-13 Sold (Public Records) $350,000 Public Records
• 2023-01-13 Sold (MLS) $350,000 CRMLS
• 2023-01-05 Pending — CRMLS
• 2022-12-30 Sold (MLS) $350,000 CRMLS
• 2022-10-29 Pending — CRMLS
• 2022-10-17 Relisted — CRMLS
• 2022-09-18 Pending — CRMLS
• 2022-08-23 Price Changed $359,990 CRMLS
• 2022-08-09 Price Changed $394,999 CRMLS
• 2022-07-24 Relisted — CRMLS
• 2022-07-24 Price Changed $399,000 CRMLS
• 2022-06-21 Relisted — CRMLS
• 2022-06-01 Listing Removed — CRMLS
• 2022-06-01 Listed $419,500 CRMLS
• 2003-05-30 Sold (Public Records) $184,000 Public Records
• 1988-12-13 Sold (Public Records) $100,000 Public Records

Property tax history

+6.3%/yr

Latest (2025): $4,311 · +1.0% YoY. Source: county tax records.