13841 Carson · Searles Valley, CA 93562

$59,999

2 bd · 1.0 ba · 842 sqft · SingleFamily public records · 127 Days on market

Built 1947 9,000 sqft lot $71/sqft · 20% below area Est $75k · 20% under

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Why this score? — see what drove the B 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 +26.4/30.0
• ARV discount +15.0/15.0
• DSCR +9.0/10.0
• 1% rule +6.7/10.0
• Appreciation +5.0/10.0
• Livability +3.1/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Fixer opportunity in the heart of Trona. This centrally located 2 bedroom 1 bath home offers a solid starting point for investors or buyers looking to add value. The owner has already completed some updates including new windows and flooring. The property will be delivered vacant and all personal items will be removed prior to close of escrow. Cash only sale; With endless potential and a prime in-town location, this is a great opportunity to customize, renovate, or hold as an investment.

Key facts

• New flooring
• New windows
• 9,000 sq ft lot

Tags

• NEW WINDOWS
• NEW FLOORING
• PRIME IN-TOWN LOCATION

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $157 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($700 rent vs $60k).
• Recommended offer: $53k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 62/100 on livability (#500 in CA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B; Watch: health & safety C-, schools F, amenities F.
• Trona Joint Unified (rural): math 25% / reading 40% proficiency, ranked #1,004 of 1,400 in CA (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 56 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($415 loan paydown + $2k appreciation (3.0% local appreciation)).
• San Bernardino County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 127 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y 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 $37k; list at $60k implies a 62% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $52,799 (12.0% below list)

Questions for the listing agent

1. It's been on market 127 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1947 — 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 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?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.17% ✓
• Cap rate: 9.44%
• Cash-on-cash: 11.24%
• DSCR: 1.50
• GRM: 7.1

CMA / ARV

• ARV (median comp): $75,415
• List price: $59,999
• Delta: -20.44%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
84454 SEARLES St	0.04mi	2/1.0	842 (0%)	4mo	$79,500	$94	95
84432 8th St	0.17mi	2/1.0	843 (+0%)	23mo	$25,000	$30	72
84668 Searles St	0.30mi	3/1.0 (+1)	950 (+13%)	16mo	$95,000	$100	46

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 18.0%
• Equity multiple: 2.03×
• Total profit: $17,250
• Equity at exit: $26,978

10-year hold

• IRR: 19.4%
• Equity multiple: 3.82×
• Total profit: $47,368
• Equity at exit: $41,577

Cash invested: $16,800 (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 93562

• Active inventory: 56
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $700 medium
• Mortgage (P&I): −$315
• Tax from tax record: −$56 /mo · $672/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$147
• Net cashflow: $157

Break-even live

Break-even rent $501

Max offer price $59,999

Occupancy floor 73%

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: $15,000
• Closing costs: $1,800
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13358 Verbena St Trona, CA	2.0	1.0	835	$700	$0.84	43d	1	1.42mi
13366 Verbena St Trona, CA	2.0	1.0	800	$700	$0.88	43d	1	1.42mi

Listing history 20 events

1. 2026-06-18
   days on market $59,999 Active 127 DOM
2. 2026-06-17
   days on market $59,999 Active 126 DOM
3. 2026-06-16
   days on market $59,999 Active 125 DOM
4. 2026-06-15
   days on market $59,999 Active 124 DOM
5. 2026-06-14
   days on market $59,999 Active 122 DOM
6. 2026-06-13
   days on market $59,999 Active 121 DOM
7. 2026-06-10
   days on market $59,999 Active 119 DOM
8. 2026-06-09
   days on market $59,999 Active 118 DOM
9. 2026-06-08
   days on market $59,999 Active 117 DOM
10. 2026-06-07
    days on market $59,999 Active 116 DOM
11. 2026-06-05
    days on market $59,999 Active 113 DOM
12. 2026-06-03
    days on market $59,999 Active 112 DOM
13. 2026-06-03
    days on market $59,999 Active 111 DOM
14. 2026-06-01
    days on market $59,999 Active 110 DOM
15. 2026-05-31
    days on market $59,999 Active 109 DOM
16. 2026-02-11
    listed $59,999 Active 492-char remark

    Show marketing remark (492 chars)

    Fixer opportunity in the heart of Trona. This centrally located 2 bedroom 1 bath home offers a solid starting point for investors or buyers looking to add value. The owner has already completed some updates including new windows and flooring. The property will be delivered vacant and all personal items will be removed prior to close of escrow. Cash only sale; With endless potential and a prime in-town location, this is a great opportunity to customize, renovate, or hold as an investment.

17. 2023-04-28
    soldstatus $37,000 Closed Sale 316-char remark

    Show marketing remark (316 chars)

    Single Family home, 2 bedrooms, 1 bath needs upgrade. Investor's special. Need to sell fast. Nice size kitchen with laundry hook up. Peaceful amongst the gorgeous mountains and nature. Very serene. Small town living. Trona is a tiny mining town in the Mojave Desert North of Los Angeles. Ridgecrest is 20 miles away.

18. 2023-04-24
    status Pending Sale 316-char remark

    Show marketing remark (316 chars)

    Single Family home, 2 bedrooms, 1 bath needs upgrade. Investor's special. Need to sell fast. Nice size kitchen with laundry hook up. Peaceful amongst the gorgeous mountains and nature. Very serene. Small town living. Trona is a tiny mining town in the Mojave Desert North of Los Angeles. Ridgecrest is 20 miles away.

19. 2023-04-21
    status Active 316-char remark

    Show marketing remark (316 chars)

    Single Family home, 2 bedrooms, 1 bath needs upgrade. Investor's special. Need to sell fast. Nice size kitchen with laundry hook up. Peaceful amongst the gorgeous mountains and nature. Very serene. Small town living. Trona is a tiny mining town in the Mojave Desert North of Los Angeles. Ridgecrest is 20 miles away.

20. 2023-04-07
    listed $35,000 Active 316-char remark

    Show marketing remark (316 chars)

    Single Family home, 2 bedrooms, 1 bath needs upgrade. Investor's special. Need to sell fast. Nice size kitchen with laundry hook up. Peaceful amongst the gorgeous mountains and nature. Very serene. Small town living. Trona is a tiny mining town in the Mojave Desert North of Los Angeles. Ridgecrest is 20 miles away.

ⓘ 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: $672 · $56/mo
• Projected year-2 tax: $672 · $56/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 D · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $8,400
• − Mortgage interest: −$3,361
• − Property taxes: −$672
• − Insurance: −$300
• − Repairs & maintenance: −$672
• − Management: −$672
• − Depreciation: −$1,745
• Taxable income: $978
• Est. tax owed @ 24.0%: −$235
• After-tax cash flow: $1,654/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: Trona Joint Unified
• NCES district ID: 0639840
• Math proficiency: 25% ▲ 5.00%
• Reading proficiency: 40% ▲ 5.00%
• Median HH income: $35,514
• Composite: 29.6/100
• National rank: #11751
• State rank: #1004 of 1400 in CA

Livability — Searles Valley

• Score: 62/100
• State rank: #500
• US rank: #16976

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Searles Valley, CA
• Population (ZIP): 1,822

Population outlook (San Bernardino County) Hauer SSP2

• Today (2025): 2,300,329 people
• By 2030: 2,378,907 · +3.4%
• By 2040: 2,523,137 · +9.7%
• By 2050: 2,642,388 · +14.9%
• By 2075: 2,880,769 · +25.2%
• By 2100: 2,909,436 · +26.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 22% Two or more races 14% Black 2% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 16% Cuban 2%
• Common ancestry: Italian 6% Slovak 2% Russian 1%
• Foreign-born: 2% · Canada, China
• Languages at home: 94% English-only · Spanish 4% Chinese 1%

Political lean MEDSL · San Bernardino

• 2024 margin: Toss-up / Even · D 47.5% · R 49.7% · Other 2.8%
• 2008→2024 swing: -8.5pp toward R · 2008: 6.3pp · 2024: -2.1pp
• All cycles: 2024: R+2.1 2020: D+10.7 2016: D+9.8 2012: D+5.4 2008: D+6.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

+71.4% since first listed

5 events — show timeline

• 2026-02-11 Listed $59,999 CRMLS
• 2023-04-28 Sold (MLS) $37,000 CRMLS
• 2023-04-24 Pending — CRMLS
• 2023-04-21 Relisted — CRMLS
• 2023-04-07 Listed $35,000 CRMLS

Property tax history

-0.0%/yr

Latest (2025): $672 · +1.8% YoY. Source: county tax records.