331 Adeline St · Maricopa, CA 93252

$189,000

3 bd · 1.0 ba · 945 sqft · SingleFamily public records · 36 Days on market

Built 1912 5,663 sqft lot $200/sqft · 35% above area Est $140k · 35% over

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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).

• Cash flow +18.3/30.0
• DSCR +5.8/10.0
• 1% rule +4.7/10.0
• Appreciation +3.8/10.0
• Livability +2.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

Welcome to 331 Adeline St in Maricopa a spacious 3-bedroom, 1-bath home packed with potential and value! This property features a comfortable layout with plenty of living space, perfect for first-time buyers, investors, or anyone looking for extra room to grow. One of the standout features is the TWO large garage shops located in the backyard, offering endless possibilities for storage, a workshop, hobby space, business use, or future creative projects. The oversized lot provides plenty of outdoor space with room to customize and make it your own. Located in a quiet neighborhood with small-town charm while still conveniently close to local schools, parks, and amenities. Whether you're looking for a family home, rental investment, or a property with workspace potential, this is a must-see opportunity in Maricopa!

Key facts

• Large garage shops
• Oversized lot
• Quiet neighborhood

Tags

• LARGE GARAGE SHOPS
• OVERSIZED LOT
• QUIET NEIGHBORHOOD

Property features AI

Finance

• Other: Single-unit property
• HOA & community: Urban community

Exterior

• Parking: Two parking spaces; Two garage spaces
• Utilities: District/public water; Septic tank sewer
• Home design: House; One story; Entry on front
• Construction: No common walls (detached); Year built recorded by assessor
• Exterior features: Back yard; No pool

Interior

• Bedrooms: Three bedrooms, all on the main level
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Electric cooling
• Interior features: Single-story layout with all bedrooms on the main level; Front entry
• Laundry & utility: Laundry area with electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $189k.

Deal economics

• At list price, monthly cash flow is $174 ($2k/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 $184k (2.8% below list).
• Recommended offer: $183k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 51/100 on livability (#1,049 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+, cost of living A-; Watch: schools F, amenities F, commute F.
• Maricopa Unified (rural): math 10% / reading 20% proficiency, ranked #1,302 of 1,400 in CA (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 27 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 (-2.4%/yr); year-one equity from $1k 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.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($183k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 2y 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

• Watch-outs: built in 1912 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wildfire risk; extreme-heat days projected 4→11/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $183,330 (3.0% below list)

Questions for the listing agent

1. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1912 — 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 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. 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?
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: 0.97% ✗
• Cap rate: 7.40%
• Cash-on-cash: 3.94%
• DSCR: 1.18
• GRM: 8.6

CMA / ARV

• ARV (median comp): $140,000
• List price: $189,000
• Delta: 35.00%
• Verdict: OVERPRICED
• Comps: 13 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
417 Broadway	0.14mi	3/1.0	976 (+3%)	10mo	$185,000	$190	80
421 Broadway	0.16mi	3/1.0	1,014 (+7%)	2mo	$140,000	$138	79
432 S Kern St	0.19mi	2/2.0 (-1)	948 (+0%)	12mo	$226,300	$239	72
525 S Kern St	0.25mi	3/2.0	1,026 (+9%)	8mo	$145,240	$142	63
416 Poso St	0.41mi	4/1.0 (+1)	1,042 (+10%)	16mo	$130,000	$125	45

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

Projected returns pro-forma

-2.38% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -7.1%
• Equity multiple: 0.72×
• Total profit: $-14,609
• Equity at exit: $33,429

10-year hold

• IRR: 1.4%
• Equity multiple: 1.11×
• Total profit: $5,894
• Equity at exit: $25,501

Cash invested: $52,920 (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 93252

• Home prices YoY: -1.7%
• Active inventory: 27
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,838 medium
• Mortgage (P&I): −$991
• Tax from tax record: −$208 /mo · $2,496/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$386
• Net cashflow: $174

Break-even live

Break-even rent $1,618

Max offer price $189,000

Occupancy floor 86%

Sensitivity live

Price	-10% $281	-5% $227	+0% $174	+5% $120	+10% $67
Rent	-10% $29	-5% $101	+0% $174	+5% $246	+10% $319
Rate	-1.0pp $269	-0.5pp $222	base $174	+0.5pp $125	+1.0pp $75

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: $47,250
• Closing costs: $5,670
• Reserves months: —
• Total cash needed: —

Listing history 27 events

1. 2026-06-18
   days on market $189,000 Active 36 DOM
2. 2026-06-17
   days on market $189,000 Active 35 DOM
3. 2026-06-16
   days on market $189,000 Active 34 DOM
4. 2026-06-15
   days on market $189,000 Active 33 DOM
5. 2026-06-14
   days on market $189,000 Active 31 DOM
6. 2026-06-13
   days on market $189,000 Active 30 DOM
7. 2026-06-10
   days on market $189,000 Active 28 DOM
8. 2026-06-09
   days on market $189,000 Active 27 DOM
9. 2026-06-08
   days on market $189,000 Active 26 DOM
10. 2026-06-07
    days on market $189,000 Active 25 DOM
11. 2026-06-05
    days on market $189,000 Active 22 DOM
12. 2026-06-03
    days on market $189,000 Active 21 DOM
13. 2026-06-03
    days on market $189,000 Active 20 DOM
14. 2026-06-01
    days on market $189,000 Active 19 DOM
15. 2026-05-31
    days on market $189,000 Active 18 DOM
16. 2026-05-13
    listed $189,000 Active 831-char remark

    Show marketing remark (824 chars)

    Welcome to 331 Adeline St in Maricopa a spacious 3-bedroom, 1-bath home packed with potential and value! This property features a comfortable layout with plenty of living space, perfect for first-time buyers, investors, or anyone looking for extra room to grow. One of the standout features is the TWO large garage shops located in the backyard, offering endless possibilities for storage, a workshop, hobby space, business use, or future creative projects. The oversized lot provides plenty of outdoor space with room to customize and make it your own. Located in a quiet neighborhood with small-town charm while still conveniently close to local schools, parks, and amenities. Whether you're looking for a family home, rental investment, or a property with workspace potential, this is a must-see opportunity in Maricopa!

17. 2026-05-13
    listed $189,000 Active 824-char remark

    Show marketing remark (824 chars)

    Welcome to 331 Adeline St in Maricopa a spacious 3-bedroom, 1-bath home packed with potential and value! This property features a comfortable layout with plenty of living space, perfect for first-time buyers, investors, or anyone looking for extra room to grow. One of the standout features is the TWO large garage shops located in the backyard, offering endless possibilities for storage, a workshop, hobby space, business use, or future creative projects. The oversized lot provides plenty of outdoor space with room to customize and make it your own. Located in a quiet neighborhood with small-town charm while still conveniently close to local schools, parks, and amenities. Whether you're looking for a family home, rental investment, or a property with workspace potential, this is a must-see opportunity in Maricopa!

18. 2025-10-31
    historical
19. 2025-08-15
    soldstatus $175,000
20. 2025-07-17
    price $179,000
21. 2025-06-18
    listed $185,000 Active
22. 2025-06-18
    listed $185,000 Active
23. 2024-05-03
    status Pending
24. 2024-04-29
    soldstatus $129,000 Sold
25. 2024-04-29
    soldstatus $129,000
26. 2024-04-17
    historical Active - Contingent
27. 2024-04-11
    listed $129,000 Active

ⓘ 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: $2,496 · $208/mo
• Projected year-2 tax: $2,496 · $208/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 6/10 Major
• 🌡 Heat 8/10 Severe 4 d/yr ≥101°F today · 11 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 8/10 Severe 16 unhealthy d/yr today · 21 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,052
• − Mortgage interest: −$10,587
• − Property taxes: −$2,496
• − Insurance: −$945
• − Repairs & maintenance: −$1,764
• − Management: −$1,764
• − Depreciation: −$5,498
• Taxable loss: −$1,003
• Est. tax savings @ 24.0%: +$241
• After-tax cash flow: $2,327/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: Maricopa Unified
• NCES district ID: 0623820
• Math proficiency: 10% ▲ 4.00%
• Reading proficiency: 20% ▲ 5.00%
• Median HH income: $37,246
• Composite: 15.98/100
• National rank: #14303
• State rank: #1302 of 1400 in CA

Livability — Maricopa

• Score: 51/100
• State rank: #1049
• US rank: #25155

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Maricopa, CA
• Population (ZIP): 1,429

Population outlook (Kern County) Hauer SSP2

• Today (2025): 947,286 people
• By 2030: 978,984 · +3.3%
• By 2040: 1,045,018 · +10.3%
• By 2050: 1,105,232 · +16.7%
• By 2075: 1,229,538 · +29.8%
• By 2100: 1,238,059 · +30.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 56% Hispanic / Latino 34% Two or more races 14% Asian 1%
• Hispanic origin (detail): Mexican 31%
• Common ancestry: Scottish 3% Iranian 1% Serbian 1%
• Foreign-born: 17% · Canada
• Languages at home: 76% English-only · Spanish 21% Other Asian/Pacific 2% Chinese 1%

Political lean MEDSL · Kern

• 2024 margin: Strong R (+21.1) · D 38.2% · R 59.3% · Other 2.5%
• 2008→2024 swing: -3.3pp toward R · 2008: -17.8pp · 2024: -21.1pp
• All cycles: 2024: R+21.1 2020: R+10.2 2016: R+15.0 2012: R+20.9 2008: R+17.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -2.38%
• Current HPI: 141.0367
• 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

+46.5% since first listed

12 events — show timeline

• 2026-05-13 Listed $189,000 GEMLS
• 2026-05-13 Listed $189,000 CRMLS
• 2025-10-31 Listing Removed — CRMLS
• 2025-08-15 Sold (Public Records) $175,000 Public Records
• 2025-07-17 Price Changed $179,000 CRMLS
• 2025-06-18 Listed $185,000 GEMLS
• 2025-06-18 Listed $185,000 CRMLS
• 2024-05-03 Pending — GEMLS
• 2024-04-29 Sold (Public Records) $129,000 Public Records
• 2024-04-29 Sold (MLS) $129,000 GEMLS
• 2024-04-17 Contingent — GEMLS
• 2024-04-11 Listed $129,000 GEMLS

Property tax history

+6.5%/yr

Latest (2025): $2,496 · +287.5% YoY. Source: county tax records.