7343 Bay Ave · California City, CA 93505

$289,900

3 bd · 2.0 ba · 1,689 sqft · SingleFamily public records · 35 Days on market

Built 1988 8,276 sqft lot $172/sqft · 5% below area Est $305k · 5% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Appreciation +10.0/10.0
• ARV discount +9.8/15.0
• Cash flow +7.4/30.0
• Rent growth +3.9/5.0
• Condition / age +2.5/5.0
• Livability +2.2/5.0
• Schools +2.1/10.0
• 1% rule +2.0/10.0
• DSCR +1.5/10.0

Listing remarks MLS

Your chance to assume a 3.75 VA loan has arrived, and trust us, you don't want to let this one pass you by. Welcome to 7343 Bay Ave, California City, where comfort, space, and outdoor living all come together in the best possible way. Inside, you'll find an open-concept layout with updated wood laminate flooring that flows throughout the home, along with a spacious kitchen that gives you all the cabinetry and storage you could need. There's also a separate family room or office space that adds a layer of flexibility, whether you need a quiet place to work from home, a spot for guests, or a dedicated entertainment area. But the real magic happens when you step outside. The backyard is set up for the good life, featuring RV side parking, an outdoor BBQ kitchen perfect for weekend cookouts, and a stunning in-ground pool that's just waiting for summer gatherings with family and friends. The home also comes equipped with solar, so you can enjoy all of it without worrying about high energy bills. This is the kind of home that checks all the boxes. Come see it for yourself!

Key facts

• In-ground pool
• Spacious kitchen
• Outdoor bbq kitchen

Tags

• OPEN-CONCEPT LAYOUT
• UPDATED WOOD LAMINATE FLOORING
• SPACIOUS KITCHEN
• SEPARATE FAMILY ROOM
• OUTDOOR BBQ KITCHEN
• IN-GROUND POOL

Property features AI

Finance

• HOA & community: Community near golf course and biking amenities

Exterior

• Parking: Attached garage (2 spaces); RV parking potential; Total 2 parking spaces
• Utilities: Public/district water; Sewer or septic (unknown); Natural gas available; Cable available
• Home design: Single-story house; Frame and stucco construction; Shingle roof; No accessory dwelling unit
• Construction: Frame and stucco exterior; Concrete slab foundation; Shingle roof
• Exterior features: Private in-ground pool; Covered slab patio; Gazebo; Block wall and wrought iron fencing; Sprinklers not present; Rectangular lot shape; Has view

Interior

• Kitchen: Garbage disposal; Electric range; Dishwasher; Laminate counters
• Bedrooms: Three main-level bedrooms (all bedrooms on main level)
• Flooring: Vinyl flooring; Carpet
• Bathrooms: Two full bathrooms with shower(s)
• Heating & cooling: Central cooling; Natural gas central furnace
• Interior features: One-level home with front-door entry; Kitchen open to family room; Formal dining room; Laundry room (separate room); Living room fireplace (wood-burning)
• Laundry & utility: Separate laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $290k.

Deal economics

• At list price, monthly cash flow is $-377 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $223k (23.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $202k (30.4% below list).
• Recommended offer: $202k (30.4% below list) — sets the bar for 1% rule.

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; 24 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 $31k of equity ($2k loan paydown + $29k appreciation (10.0% local appreciation)).
• Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$50k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($281k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 10y 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: extreme-heat days projected 6→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $201,899 (30.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.70% ✗
• Cap rate: 4.73%
• Cash-on-cash: -5.57%
• DSCR: 0.75
• GRM: 12.0

CMA / ARV

• ARV (median comp): $305,394
• List price: $289,900
• Delta: -5.07%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7236 Bay Ave	0.11mi	4/2.0 (+1)	1,731 (+2%)	6mo	$335,000	$194	80
7624 Jimson Ave Ave	0.54mi	3/2.0	1,694 (+0%)	6mo	$276,000	$163	70
7125 Dogwood Ave	0.28mi	4/4.0 (+1)	1,650 (-2%)	1mo	$250,000	$152	70
7030 Catalpa Ave	0.35mi	3/2.0	1,629 (-4%)	12mo	$310,000	$190	68
7236 Dogwood	0.19mi	4/2.0 (+1)	1,894 (+12%)	4mo	$300,000	$158	63
21000 79th	0.58mi	3/2.0	1,816 (+8%)	2mo	$217,500	$120	59
20925 79th St	0.54mi	4/2.0 (+1)	1,600 (-5%)	3mo	$331,500	$207	59
21325 Neuralia Rd	0.71mi	3/2.0	1,646 (-2%)	11mo	$349,000	$212	53
7666 Poppy Blvd	0.65mi	3/2.0	1,556 (-8%)	8mo	$265,000	$170	50
7807 Jimson Ave	0.71mi	4/2.0 (+1)	1,731 (+2%)	10mo	$319,900	$185	50
7881 Fernwood	0.62mi	3/2.0	1,468 (-13%)	1mo	$269,900	$184	49
7624 Poppy Blvd	0.61mi	3/2.0	1,445 (-14%)	8mo	$250,000	$173	41

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: 21.0%
• Equity multiple: 2.71×
• Total profit: $139,001
• Equity at exit: $261,165

10-year hold

• IRR: 19.6%
• Equity multiple: 6.42×
• Total profit: $439,652
• Equity at exit: $563,212

Cash invested: $81,172 (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 93505

• Home prices YoY: 13.0%
• Rents YoY: 5.5%
• Active inventory: 703
• Price-to-rent: 12.0×

Monthly cashflow live

• Estimated rent: $2,019 high
• Mortgage (P&I): −$1,520
• Tax from tax record: −$331 /mo · $3,968/yr
• Insurance: −$121
• HOA: −$0
• Vacancy / Maint / Mgmt: −$424
• Net cashflow: $-377

Break-even live

Break-even rent $2,496

Max offer price $223,345

Occupancy floor —

Sensitivity live

Price	-10% $-213	-5% $-295	+0% $-377	+5% $-459	+10% $-541
Rent	-10% $-536	-5% $-457	+0% $-377	+5% $-297	+10% $-217
Rate	-1.0pp $-231	-0.5pp $-303	base $-377	+0.5pp $-452	+1.0pp $-528

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: $72,475
• Closing costs: $8,697
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7317 California City Blvd California City, CA	3.0	1.5	1228	$1,725	$1.40	20d	1	0.08mi
7343 Dogwood Ave California City, CA	3.0	2.0	1301	$2,250	$1.73	24d	1	0.13mi
7113 Victor Pl Unit B California City, CA	3.0	2.5	1240	$1,600	$1.29	24d	1	0.37mi
7733 Walpole Ave Unit A California City, CA	3.0	2.0	1600	$2,000	$1.25	24d	1	0.52mi
6761 California City Blvd California City, CA	4.0	2.5	1770	$2,500	$1.41	24d	1	0.60mi
21032 79th St California City, CA	4.0	2.0	1228	$2,100	$1.71	24d	1	0.60mi
8100 Fernwood Ave California City, CA	3.0	2.0	1336	$1,850	$1.38	24d	1	0.82mi
20425 81st St California City, CA	4.0	3.0	2215	$2,900	$1.31	20d	1	0.86mi
20961 83rd St Unit 6 California City, CA	2.0	2.0	1100	$1,300	$1.18	24d	1	0.96mi
21801 69th St California City, CA	3.0	2.0	1344	$1,700	$1.26	24d	1	0.98mi
21811 69th St California City, CA	3.0	2.0	1224	$1,700	$1.39	24d	1	0.98mi
20673 Medio St California City, CA	3.0	2.0	1690	$2,075	$1.23	24d	1	1.01mi
20300 Graham St California City, CA	4.0	2.5	2016	$2,150	$1.07	24d	1	1.02mi
8160 Kalmia Ave California City, CA	3.0	2.0	1277	$1,795	$1.41	24d	1	1.03mi
6833 Rea Ave California City, CA	3.0	2.0	1512	$1,395	$0.92	24d	1	1.06mi
8651 S Loop Blvd California City, CA	2.0	1.0	1050	$1,650	$1.57	4d	1	1.32mi
8307 Charles Pl California City, CA	3.0	2.0	1498	$1,750	$1.17	15d	1	1.33mi
8332 Rea Ave California City, CA	4.0	3.0	1861	$2,500	$1.34	4d	1	1.36mi
20312 Dean Ct California City, CA	3.0	2.0	1742	$1,975	$1.13	15d	1	1.36mi
8124 Underwood Ave California City, CA	3.0	2.0	1507	$1,850	$1.23	24d	1	1.37mi
8560 Nipa Ave California City, CA	3.0	2.0	1309	$1,850	$1.41	15d	1	1.43mi
8173 Viburnum Ave California City, CA	3.0	2.0	1482	$2,150	$1.45	3d	1	1.44mi
8312 Tamarack Ave California City, CA	3.0	2.0	1539	$1,900	$1.23	24d	1	1.45mi
8648 Lime Ave California City, CA	3.0	2.0	1459	$2,400	$1.64	24d	1	1.47mi

Listing history 37 events

1. 2026-06-18
   days on market $289,900 Active 35 DOM
2. 2026-06-17
   days on market $289,900 Active 34 DOM
3. 2026-06-16
   days on market $289,900 Active 33 DOM
4. 2026-06-15
   days on market $289,900 Active 32 DOM
5. 2026-06-14
   days on market $289,900 Active 30 DOM
6. 2026-06-13
   days on market $289,900 Active 29 DOM
7. 2026-06-10
   days on market $289,900 Active 27 DOM
8. 2026-06-09
   days on market $289,900 Active 26 DOM
9. 2026-06-08
   days on market $289,900 Active 25 DOM
10. 2026-06-07
    days on market $289,900 Active 24 DOM
11. 2026-06-05
    days on market $289,900 Active 21 DOM
12. 2026-06-03
    days on market $289,900 Active 20 DOM
13. 2026-06-03
    days on market $289,900 Active 19 DOM
14. 2026-06-01
    days on market $289,900 Active 18 DOM
15. 2026-05-31
    days on market $289,900 Active 17 DOM
16. 2026-05-16
    historical $2,500
17. 2026-05-14
    listed $289,900 Active 1010-char remark
18. 2026-05-12
    listed $289,900 Active 1083-char remark

    Show marketing remark (1083 chars)

    Your chance to assume a 3.75 VA loan has arrived, and trust us, you don't want to let this one pass you by. Welcome to 7343 Bay Ave, California City, where comfort, space, and outdoor living all come together in the best possible way. Inside, you'll find an open-concept layout with updated wood laminate flooring that flows throughout the home, along with a spacious kitchen that gives you all the cabinetry and storage you could need. There's also a separate family room or office space that adds a layer of flexibility, whether you need a quiet place to work from home, a spot for guests, or a dedicated entertainment area. But the real magic happens when you step outside. The backyard is set up for the good life, featuring RV side parking, an outdoor BBQ kitchen perfect for weekend cookouts, and a stunning in-ground pool that's just waiting for summer gatherings with family and friends. The home also comes equipped with solar, so you can enjoy all of it without worrying about high energy bills. This is the kind of home that checks all the boxes. Come see it for yourself!

19. 2026-04-10
    price $344,000
20. 2026-02-22
    listed $2,500
21. 2024-02-02
    historical $2,500
22. 2024-01-18
    listed $2,500
23. 2021-08-02
    soldstatus $315,000 Closed
24. 2021-08-02
    soldstatus $320,000 Closed Sale
25. 2021-08-02
    soldstatus $315,000
26. 2021-07-02
    status Pending Sale
27. 2021-06-24
    listed $299,900 Active
28. 2021-06-24
    listed $299,900 Active
29. 2016-09-05
    soldstatus $189,405 Closed Sale
30. 2016-09-05
    soldstatus $189,405 Closed
31. 2016-09-02
    soldstatus $189,500
32. 2016-06-09
    status Pending Sale
33. 2016-06-09
    status Pending
34. 2016-05-19
    listed $189,450 Active
35. 2016-05-19
    listed $189,450 Active
36. 2000-12-06
    soldstatus $87,000
37. 1989-02-15
    soldstatus $88,500

ⓘ 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: $3,968 · $331/mo
• Projected year-2 tax: $3,968 · $331/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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 6 d/yr ≥101°F today · 16 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

Taxation est. · year 1

• Rental income: $24,228
• − Mortgage interest: −$16,239
• − Property taxes: −$3,968
• − Insurance: −$1,450
• − Repairs & maintenance: −$1,938
• − Management: −$1,938
• − Depreciation: −$8,433
• Taxable loss: −$9,739
• Est. tax savings @ 24.0%: +$2,337
• After-tax cash flow: $-2,184/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
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-97.2% since first listed

22 events — show timeline

• 2026-05-16 Rental Removed $2,500 APPFOLIO
• 2026-05-14 Listed $289,900 CRMLS
• 2026-05-12 Listed $289,900 AVMLS
• 2026-04-10 Price Changed $344,000 AVMLS
• 2026-02-22 Listed for Rent $2,500 APPFOLIO
• 2024-02-02 Rental Removed $2,500 APPFOLIO
• 2024-01-18 Listed for Rent $2,500 APPFOLIO
• 2021-08-02 Sold (Public Records) $315,000 Public Records
• 2021-08-02 Sold (MLS) $320,000 CRMLS
• 2021-08-02 Sold (MLS) $315,000 AVMLS
• 2021-07-02 Pending — CRMLS
• 2021-06-24 Listed $299,900 CRMLS
• 2021-06-24 Listed $299,900 AVMLS
• 2016-09-05 Sold (MLS) $189,405 AVMLS
• 2016-09-05 Sold (MLS) $189,405 CRMLS
• 2016-09-02 Sold (Public Records) $189,500 Public Records
• 2016-06-09 Pending — CRMLS
• 2016-06-09 Pending — AVMLS
• 2016-05-19 Listed $189,450 CRMLS
• 2016-05-19 Listed $189,450 AVMLS
• 2000-12-06 Sold (Public Records) $87,000 Public Records
• 1989-02-15 Sold (Public Records) $88,500 Public Records

Property tax history

+14.2%/yr

Latest (2025): $3,968 · -5.4% YoY. Source: county tax records.