1225 Taft Hwy #55 · Bakersfield, CA 93307

$128,000

3 bd · 2.0 ba · 1,547 sqft · Manufactured public records · 63 Days on market

Built 2006 4,356 sqft lot $83/sqft · 30% above area Est $98k · 30% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +3.9/5.0
• Schools +3.4/10.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Motivated seller. Nicely maintained 3 bedroom, 2 bathroom manufactured home located in a 55+ community. The home features an open living and dining area, updated kitchen countertops, plenty of natural light, and spacious bedrooms with a comfortable layout throughout. Additional features include a covered front patio, covered parking, and an approximately 8 ft x 24 ft storage shed providing extra storage or workspace. Clean, well cared for, and ready for its next owner.

Key facts

• Covered parking
• Dining area
• Natural light

Tags

• DINING AREA
• OPEN KITCHEN
• UPDATED COUNTERTOPS
• NATURAL LIGHT
• FRONT COVERED PATIO
• COVERED PARKING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $128k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $128k).
• Recommended offer: $120k (6.0% below list) — sets the bar for market timing.
• Cap rate 16.0% 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 (+5.7%/yr); 311 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
• At $2,370/mo this rent would consume 50% of the median local household income ($56k/yr) (locally 3246% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $885 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.
• At projected returns (-3.0% appreciation + 5.7% rent growth), your $36k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($120k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago; this cycle's ask has dropped $7k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $120,320 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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: 1.85% ✓
• Cap rate: 16.03%
• Cash-on-cash: 34.77%
• DSCR: 2.55
• GRM: 4.5

CMA / ARV

• ARV (median comp): $98,472
• List price: $128,000
• Delta: 29.99%
• Verdict: OVERPRICED
• Comps: 4 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1225 Taft Hwy #13	0.00mi	3/2.0	1,456 (-6%)	23mo	$123,700	$85	71
1225 Taft Hwy #88	0.00mi	2/2.0 (-1)	1,638 (+6%)	24mo	$148,000	$90	65
1301 Taft Hwy #96	0.30mi	3/2.0	1,316 (-15%)	9mo	$99,900	$76	53

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 · 5.71% rent growth · sell at horizon

5-year hold

• IRR: 33.2%
• Equity multiple: 2.45×
• Total profit: $52,035
• Equity at exit: $19,085

10-year hold

• IRR: 41.6%
• Equity multiple: 5.44×
• Total profit: $159,287
• Equity at exit: $11,067

Cash invested: $35,840 (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 93307

• Rents YoY: 5.7%
• Active inventory: 311
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $2,370 high
• Mortgage (P&I): −$671
• Tax from tax record: −$110 /mo · $1,317/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$498
• Net cashflow: $1,038

Break-even live

Break-even rent $1,056

Max offer price $128,000

Occupancy floor 51%

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: $32,000
• Closing costs: $3,840
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9118 Davedaly Ct Bakersfield, CA	3.0	2.0	1700	$2,300	$1.35	2d	1	0.78mi
2401 Donnalynn St Bakersfield, CA	4.0	2.0	2048	$3,900	$1.90	2d	1	0.78mi
265 Hudson Dr Bakersfield, CA	4.0	2.0	1766	$2,900	$1.64	2d	1	0.79mi
2402 Lebow Ct Bakersfield, CA	4.0	2.0	2100	$2,495	$1.19	43d	1	0.84mi
1408 Interlaken Dr Bakersfield, CA	3.0	2.0	1159	$2,250	$1.94	21d	1	0.87mi
8914 S Union Ave Bakersfield, CA	3.0	2.0	1500	$1,950	$1.30	2d	1	0.88mi
2717 Mercedes Dr Bakersfield, CA	4.0	2.0	1900	$2,600	$1.37	19d	1	1.02mi
8602 Vincenso Way Bakersfield, CA	3.0	2.0	1607	$2,550	$1.59	2d	1	1.13mi
8211 Slider Dr Bakersfield, CA	4.0	2.0	2100	$2,550	$1.21	2d	1	1.14mi
600 Hosking Ave Apt 69A Bakersfield, CA	3.0	2.0	1208	$1,850	$1.53	19d	1	1.19mi
600 Hosking Ave Unit 56A Bakersfield, CA	3.0	2.0	1200	$1,750	$1.46	2d	1	1.19mi
600 Hosking Ave Unit 51D Bakersfield, CA	3.0	2.0	1200	$1,800	$1.50	3d	1	1.19mi
600 Hosking Ave Unit 73D Bakersfield, CA	3.0	2.0	1230	$1,850	$1.50	43d	1	1.19mi
600 Hosking Ave Unit 43B Bakersfield, CA	2.0	1.5	1050	$1,650	$1.57	43d	1	1.19mi
301 Alysheba Dr Bakersfield, CA	4.0	2.5	1864	$2,650	$1.42	10d	1	1.24mi
1305 Quartz Hill Rd Bakersfield, CA	3.0	2.0	1351	$2,250	$1.67	2d	1	1.31mi
3106 Stone Meadows Dr Bakersfield, CA	4.0	3.0	2223	$2,700	$1.21	2d	1	1.38mi

Listing history 19 events

1. 2026-06-18
   days on market $128,000 Active 63 DOM
2. 2026-06-17
   days on market $128,000 Active 62 DOM
3. 2026-06-16
   days on market $128,000 Active 61 DOM
4. 2026-06-15
   days on market $128,000 Active 60 DOM
5. 2026-06-14
   days on market $128,000 Active 58 DOM
6. 2026-06-13
   days on market $128,000 Active 57 DOM
7. 2026-06-10
   days on market $128,000 Active 55 DOM
8. 2026-06-09
   days on market $128,000 Active 54 DOM
9. 2026-06-08
   days on market $128,000 Active 53 DOM
10. 2026-06-07
    days on market $128,000 Active 52 DOM
11. 2026-06-05
    days on market $128,000 Active 49 DOM
12. 2026-06-03
    days on market $128,000 Active 48 DOM
13. 2026-06-03
    days on market $128,000 Active 47 DOM
14. 2026-06-01
    days on market $128,000 Active 46 DOM
15. 2026-05-31
    days on market $128,000 Active 45 DOM
16. 2026-04-16
    listed $135,000 Active 473-char remark

    Show marketing remark (473 chars)

    Motivated seller. Nicely maintained 3 bedroom, 2 bathroom manufactured home located in a 55+ community. The home features an open living and dining area, updated kitchen countertops, plenty of natural light, and spacious bedrooms with a comfortable layout throughout. Additional features include a covered front patio, covered parking, and an approximately 8 ft x 24 ft storage shed providing extra storage or workspace. Clean, well cared for, and ready for its next owner.

17. 2021-11-30
    soldstatus $115,000 Sold 509-char remark

    Show marketing remark (509 chars)

    55 + 2006 Built 1575sf 3 bed 2 bath manufactured home. Loaded with upgrades. This home offers vaulted ceilings, upgraded paint, large indoor laundry with sink, large living room, formal dining area, oversized Kitchen includes White appliances, island counter, lots of cabinets and counter space, wood look flooring and a pantry. Master bedroom includes walk in closet, master bath includes oversized tub and a separate shower. Other upgrades are 2 inch mini blinds and ceiling fans throughout the entire home.

18. 2021-11-19
    status Pending 509-char remark

    Show marketing remark (509 chars)

    55 + 2006 Built 1575sf 3 bed 2 bath manufactured home. Loaded with upgrades. This home offers vaulted ceilings, upgraded paint, large indoor laundry with sink, large living room, formal dining area, oversized Kitchen includes White appliances, island counter, lots of cabinets and counter space, wood look flooring and a pantry. Master bedroom includes walk in closet, master bath includes oversized tub and a separate shower. Other upgrades are 2 inch mini blinds and ceiling fans throughout the entire home.

19. 2021-10-27
    listed $115,000 Active 509-char remark

    Show marketing remark (509 chars)

    55 + 2006 Built 1575sf 3 bed 2 bath manufactured home. Loaded with upgrades. This home offers vaulted ceilings, upgraded paint, large indoor laundry with sink, large living room, formal dining area, oversized Kitchen includes White appliances, island counter, lots of cabinets and counter space, wood look flooring and a pantry. Master bedroom includes walk in closet, master bath includes oversized tub and a separate shower. Other upgrades are 2 inch mini blinds and ceiling fans throughout the entire home.

ⓘ 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: $1,317 · $110/mo
• Projected year-2 tax: $1,317 · $110/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 ≥104°F today · 20 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 33 unhealthy d/yr today · 37 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,445
• − Mortgage interest: −$7,170
• − Property taxes: −$1,317
• − Insurance: −$640
• − Repairs & maintenance: −$2,276
• − Management: −$2,276
• − Depreciation: −$3,724
• Taxable income: $11,044
• Est. tax owed @ 24.0%: −$2,651
• After-tax cash flow: $9,810/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): 85,945
• Household income: $56,446
• Rent vs Own: 53.0% rent · 47.0% own
• Severe rent burden: 3246.0

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 (80%)
• Race & ethnicity: Hispanic / Latino 80% Two or more races 12% White 10% Black 6% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 73%
• Common ancestry: Lithuanian 0%
• Foreign-born: 31% · Canada
• Languages at home: 28% English-only · Spanish 69% Other Indo-European 1% 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: ▼ -263.59%
• Current HPI: 447.1746
• Rent YoY: ▲ 5.71%
• 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

+17.4% since first listed

4 events — show timeline

• 2026-04-16 Listed $135,000 GEMLS
• 2021-11-30 Sold (MLS) $115,000 GEMLS
• 2021-11-19 Pending — GEMLS
• 2021-10-27 Listed $115,000 GEMLS

Property tax history

+10.7%/yr

Latest (2025): $1,317 · +5.2% YoY. Source: county tax records.