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618 Dolores St 🏷️ Likely Rental
D+ Composite 49.28
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).

  • ARV discount +15.0/15.0
  • Cash flow +13.8/30.0
  • DSCR +4.2/10.0
  • Rent growth +4.2/5.0
  • 1% rule +3.4/10.0
  • Schools +3.4/10.0
  • Livability +2.9/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$180,000

618 Dolores St · Bakersfield, CA 93305
2 bd · 1.0 ba · 1,388 sqft · SingleFamily public records · 51 Days on market
Built 1925 7,405 sqft lot Est $276k · 35% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

​Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018.

Key facts

  • 7,405 sq ft lot
  • Built 1925
  • Listed 51 days

Property features AI

Finance

  • Other: Tenant-occupied; Solar system: other (owned/leased status specified)

Exterior

  • Utilities: Sewer service
  • Home design: Property located in Old Town Kern neighborhood; Subdivision: Bakersfield; Directions available
  • Construction: Composition roof
  • Exterior features: Exterior material: other (see remarks); Alley access/back yard; Has RV space

Interior

  • Bathrooms: 1 full bathroom
  • Heating & cooling: Floor/wall heating
  • Interior features: Formal living room; Bonus room; Floor/wall heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $180,000 price doesn't fit this home's estimated sale value (~$276,212) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $180k.

Deal economics

  • At list price, monthly cash flow is $16 ($190/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $151k (16.3% below list).
  • Recommended offer: $151k (16.3% below list) — sets the bar for 1% rule.
  • Cap rate 6.4% 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 (+6.8%/yr); 143 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
  • This rent runs 42% of the median local income ($43k/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 $1k of loan paydown is wiped out by about $5k 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.

Negotiation context

  • It's been on market 51 days — a 3% lower offer ($175k) is reasonable based on typical stale-listing flexibility.
  • 11 sale attempts since 11y 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 $86k; list at $180k implies a 109% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $150,692 (16.3% below list)

Questions for the listing agent

  1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
  2. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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. 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
0.84%
Cap rate
6.40%
Cash-on-cash
0.38%
DSCR
1.02
GRM
10.0

CMA / ARV

ARV (on-the-fly)
$276,212
Comps found
8
Show comp detail 8 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
812 Kentucky St 0.55mi 3/2.0 (+1) 1,390 (+0%) 8mo $250,000 $180 58
210 E 10th St 0.48mi 3/1.0 (+1) 1,339 (-4%) 14mo $210,000 $157 55
1212 Gorrill St 0.65mi 3/1.0 (+1) 1,476 (+6%) 4mo $310,000 $210 51
406 10th St 0.72mi 3/2.0 (+1) 1,429 (+3%) 2mo $285,000 $199 51
301 10th St 0.69mi 2/1.0 1,210 (-13%) 14mo $290,000 $240 35
327 18th St 0.61mi 3/1.5 (+1) 1,238 (-11%) 17mo $295,000 $238 32
316 17th St 0.60mi 3/1.0 (+1) 1,230 (-11%) 24mo $220,000 $179 28
615 Niles St 0.71mi 3/1.0 (+1) 1,511 (+9%) 24mo $235,000 $156 27

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 · 6.79% rent growth · sell at horizon

5-year hold
IRR
-11.8%
Equity multiple
0.56×
Total profit
$-22,217
Equity at exit
$26,839
10-year hold
IRR
2.0%
Equity multiple
1.17×
Total profit
$8,336
Equity at exit
$15,563

Cash invested: $50,400 (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 93305

Home prices YoY
-29.9%
Rents YoY
6.8%
Active inventory
143
Price-to-rent
10.0×

Monthly cashflow live

Estimated rent
$1,507 high interval (Pro) →
Mortgage (P&I)
$944
Tax from tax record
$156 /mo · $1,869/yr
Insurance
$75
HOA
$0
Vacancy / Maint / Mgmt
$316
Net cashflow
$16

Break-even live

Break-even rent $1,487
Max offer price $180,000
Occupancy floor 94%

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
$45,000
Closing costs
$5,400
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 26 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
820 Jackson St Bakersfield, CA 1.0 1.0 884 $1,300 $1.47 2d 1 0.47mi
1230 Dolores St Unit A Bakersfield, CA 2.0 1.0 927 $1,250 $1.35 2d 1 0.55mi
520 Union Ave Unit C Bakersfield, CA 3.0 2.0 1610 $1,195 $0.74 2d 1 0.80mi
1517 Ralston St Unit 1517-A Bakersfield, CA 3.0 2.0 960 $1,295 $1.35 2d 1 0.82mi
419 8th St Bakersfield, CA 3.0 2.0 916 $2,200 $2.40 2d 1 0.85mi
1001 18th St Bakersfield, CA 2.0 1.5 1060 $2,180 $2.06 2d 4 1.07mi
743 Monticello Ave Bakersfield, CA 3.0 1.0 954 $1,600 $1.68 3d 1 1.08mi
114 Flower St Bakersfield, CA 3.0 1.5 1771 $2,000 $1.13 2d 1 1.12mi
136 Clifton St Bakersfield, CA 3.0 1.0 1308 $1,775 $1.36 2d 1 1.13mi
516 28th St Unit 4 Bakersfield, CA 2.0 1.0 900 $1,075 $1.19 2d 1 1.18mi
217 Jefferson St Bakersfield, CA 3.0 2.0 980 $1,550 $1.58 21d 1 1.19mi
631 28th St Unit 3 Bakersfield, CA 2.0 1.0 1040 $1,075 $1.03 21d 1 1.20mi
631 28th St Unit 5 Bakersfield, CA 2.0 1.0 1040 $1,075 $1.03 2d 1 1.20mi
6 S Owens St Bakersfield, CA 3.0 2.0 1088 $1,950 $1.79 43d 1 1.24mi
720 Beverly Dr Bakersfield, CA 3.0 2.0 900 $1,650 $1.83 43d 1 1.25mi
1710 Oregon St Apt E Bakersfield, CA 2.0 1.0 960 $1,095 $1.14 2d 1 1.26mi
617 30th St Apt B Bakersfield, CA 2.0 1.0 918 $1,225 $1.33 10d 1 1.26mi
715 30th St Bakersfield, CA 3.0 1.0 1000 $1,500 $1.50 21d 1 1.30mi
1018 Chester Pl Bakersfield, CA 3.0 1.0 1278 $2,100 $1.64 21d 1 1.33mi
115 Irene St Bakersfield, CA 3.0 1.0 1620 $1,900 $1.17 2d 1 1.34mi
729 L St Unit A Bakersfield, CA 3.0 2.5 1285 $1,750 $1.36 14d 1 1.34mi
2010 Larcus Ave Unit 48 Bakersfield, CA 2.0 1.5 1000 $1,200 $1.20 10d 1 1.35mi
726 K St Unit B Bakersfield, CA 3.0 2.5 1285 $1,695 $1.32 23d 1 1.37mi
1004 Padre St Unit B Bakersfield, CA 3.0 2.0 1200 $1,695 $1.41 10d 1 1.46mi
310 Ohio Dr Unit B Bakersfield, CA 3.0 2.0 1100 $2,000 $1.82 10d 1 1.48mi
820 Moore St Bakersfield, CA 3.0 1.0 1084 $1,600 $1.48 19d 1 1.50mi

Listing history 50 events

  1. 2026-06-18
    days on market $180,000 Active 51 DOM
  2. 2026-06-17
    days on market $180,000 Active 50 DOM
  3. 2026-06-16
    days on market $180,000 Active 49 DOM
  4. 2026-06-15
    days on market $180,000 Active 48 DOM
  5. 2026-06-14
    days on market $180,000 Active 46 DOM
  6. 2026-06-10
    days on market $180,000 Active 43 DOM
  7. 2026-06-09
    days on market $180,000 Active 42 DOM
  8. 2026-06-08
    days on market $180,000 Active 41 DOM
  9. 2026-06-07
    days on market $180,000 Active 40 DOM
  10. 2026-06-05
    days on market $180,000 Active 37 DOM
  11. 2026-06-03
    days on market $180,000 Active 36 DOM
  12. 2026-06-03
    days on market $180,000 Active 35 DOM
  13. 2026-06-01
    days on market $180,000 Active 34 DOM
  14. 2026-05-31
    days on market $180,000 Active 33 DOM
  15. 2026-05-20
    status Active
  16. 2026-05-20
    price $180,000
  17. 2026-04-30
    historical Active - Contingent
  18. 2026-04-28
    listed $189,000 Active
  19. 2018-04-17
    price $86,000 731-char remark
    Show marketing remark (731 chars)

    ​Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018.

  20. 2018-04-12
    soldstatus $86,000 Sold 731-char remark
    Show marketing remark (729 chars)

    Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018

  21. 2018-04-12
    soldstatus $86,000 Closed Sale 729-char remark
    Show marketing remark (729 chars)

    Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018

  22. 2018-04-12
    soldstatus $86,000
    Show marketing remark (729 chars)

    Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018

  23. 2018-03-22
    status Pending Sale 729-char remark
    Show marketing remark (731 chars)

    ​Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018.

  24. 2018-03-22
    status Pending 731-char remark
    Show marketing remark (731 chars)

    ​Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018.

  25. 2018-03-22
    price $89,900 731-char remark
    Show marketing remark (731 chars)

    ​Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018.

  26. 2018-03-20
    price $89,900 729-char remark
    Show marketing remark (731 chars)

    ​Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018.

  27. 2018-03-20
    price $89,900 731-char remark
    Show marketing remark (731 chars)

    ​Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018.

  28. 2018-03-05
    price $95,000 729-char remark
    Show marketing remark (731 chars)

    ​Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018.

  29. 2018-03-05
    price $95,000 731-char remark
    Show marketing remark (731 chars)

    ​Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018.

  30. 2018-01-03
    status Active 729-char remark
    Show marketing remark (731 chars)

    ​Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018.

  31. 2018-01-03
    status Active 731-char remark
    Show marketing remark (731 chars)

    ​Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018.

  32. 2017-12-14
    status Pending Sale 729-char remark
    Show marketing remark (731 chars)

    ​Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018.

  33. 2017-12-14
    status Pending 731-char remark
    Show marketing remark (731 chars)

    ​Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018.

  34. 2017-12-07
    listed $93,800 Active 731-char remark
    Show marketing remark (729 chars)

    Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018

  35. 2017-12-07
    listed $93,800 Active 729-char remark
    Show marketing remark (729 chars)

    Single-family residence in prime rental area. 8.3% Cap Rate & 8.2% Cash on Cash Return. Tenant has been renting for six years and would like to continue to stay. Last Rent increase was January 2017 to $800 per month. Newly installed HVAC dual pack system on April 2017. New ceramic tile flooring in kitchen, new paint, November 2017. New laminate hardwood floors in hallway, living room and family room, November 2017. New ceiling fans, and partial new double pane windows. Originally built as a 2 bedroom, Home being used as a 3 bedroom 1 bath with 1,388 square foot of living space on a 7,405 square foot lot with alley access. Washer & Dryer in rear porch and tenant pays ALL utilities. Bathroom remodeled Feb 2018

  36. 2017-05-30
    historical
  37. 2017-04-26
    listed $69,750 Active
  38. 2017-03-30
    price $53,000
  39. 2017-03-27
    soldstatus $53,000 Sold
  40. 2017-03-27
    soldstatus $53,000 Closed Sale
  41. 2017-03-27
    soldstatus $53,000
  42. 2017-03-23
    listed $69,750 Active
  43. 2017-03-16
    status Pending
  44. 2017-03-16
    price $69,750
  45. 2017-02-21
    status Active
  46. 2017-02-21
    price $69,750
  47. 2017-02-14
    status Pending
  48. 2016-12-16
    price $79,750
  49. 2016-12-01
    listed $79,995 Active
  50. 2016-11-09
    price $82,900

ⓘ 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
$1,869 · $156/mo
Projected year-2 tax
$1,869 · $156/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 ≥105°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 39 unhealthy d/yr today · 45 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
$18,083
− Mortgage interest
−$10,083
− Property taxes
−$1,869
− Insurance
−$900
− Repairs & maintenance
−$1,447
− Management
−$1,447
− Depreciation
−$5,236
Taxable loss
−$2,898
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$696
After-tax cash flow
$885/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)
37,714
Household income
$43,244
Rent vs Own
65.8% rent · 34.2% own
Severe rent burden
2376.0

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 (76%)
Race & ethnicity
Hispanic / Latino 76% Two or more races 18% White 16% Black 5% Native American 3%
Hispanic origin (detail)
Mexican 69% Puerto Rican 1%
Common ancestry
Lithuanian 1% Serbian 1% Dutch 1%
Foreign-born
22% · Canada
Languages at home
45% English-only · Spanish 54%

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
▼ -181.24%
Current HPI
424.6051
Rent YoY
▲ 6.79%
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

+56.5% since first listed
44 events — show timeline
  • 2026-05-20 Relisted GEMLS
  • 2026-05-20 Price Changed $180,000 GEMLS
  • 2026-04-30 Contingent GEMLS
  • 2026-04-28 Listed $189,000 GEMLS
  • 2018-04-17 Price Changed $86,000 GEMLS
  • 2018-04-12 Sold (Public Records) $86,000 Public Records
  • 2018-04-12 Sold (MLS) $86,000 CRMLS
  • 2018-04-12 Sold (MLS) $86,000 GEMLS
  • 2018-03-22 Pending CRMLS
  • 2018-03-22 Pending GEMLS
  • 2018-03-22 Price Changed $89,900 GEMLS
  • 2018-03-20 Price Changed $89,900 CRMLS
  • 2018-03-20 Price Changed $89,900 GEMLS
  • 2018-03-05 Price Changed $95,000 CRMLS
  • 2018-03-05 Price Changed $95,000 GEMLS
  • 2018-01-03 Relisted CRMLS
  • 2018-01-03 Relisted GEMLS
  • 2017-12-14 Pending CRMLS
  • 2017-12-14 Pending GEMLS
  • 2017-12-07 Listed $93,800 CRMLS
  • 2017-12-07 Listed $93,800 GEMLS
  • 2017-05-30 Listing Removed NSBCRMLS
  • 2017-04-26 Listed $69,750 NSBCRMLS
  • 2017-03-30 Price Changed $53,000 GEMLS
  • 2017-03-27 Sold (Public Records) $53,000 Public Records
  • 2017-03-27 Sold (MLS) $53,000 CRMLS
  • 2017-03-27 Sold (MLS) $53,000 GEMLS
  • 2017-03-23 Listed $69,750 CRMLS
  • 2017-03-16 Pending GEMLS
  • 2017-03-16 Price Changed $69,750 GEMLS
  • 2017-02-21 Relisted GEMLS
  • 2017-02-21 Price Changed $69,750 GEMLS
  • 2017-02-14 Pending GEMLS
  • 2016-12-16 Price Changed $79,750 GEMLS
  • 2016-12-01 Listed $79,995 GEMLS
  • 2016-11-09 Price Changed $82,900 GEMLS
  • 2016-09-30 Price Changed $84,900 GEMLS
  • 2016-09-09 Price Changed $89,000 GEMLS
  • 2016-08-08 Price Changed $96,000 GEMLS
  • 2016-07-06 Price Changed $97,500 GEMLS
  • 2016-04-07 Price Changed $90,000 GEMLS
  • 2016-01-12 Price Changed $95,000 GEMLS
  • 2015-06-04 Listing Removed CRMLS
  • 2015-03-02 Listed $115,000 CRMLS

Property tax history

+3.8%/yr

Latest (2025): $1,869 · +1.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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