614 Shattuck Ave · South Taft, CA 93268

$95,000

3 bd · 1.0 ba · 962 sqft · SingleFamily public records · 32 Days on market

Built 1937 8,712 sqft lot Est $174k · 45% under ↓ 17% since listing

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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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +5.0/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Livability +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

FIXER UPPER! These 3 bed-1 bath home sits on a spacious lot, offering plenty of room for expansion, ADU, outdoor living , or a dream garden. With great bones and endless potential , it's perfect for investors , flippers, or buyers ready to bring their vision to life. Conveniently located close to schools and shopping plaza's. Don't miss the chance to transform this diamond in the rough into a beautiful home or profitable investment. its an 'AS IS ' Sale! Seller Financing Availble -Schedule your showing today!

Key facts

• Close to schools
• Spacious lot
• Outdoor living

Tags

• SPACIOUS LOT
• OUTDOOR LIVING
• CLOSE TO SCHOOLS
• CLOSE TO SHOPPING PLAZA

Property features AI

Exterior

• Parking: RV parking/space available
• Utilities: Septic tank; Public water
• Home design: Single-family residential zoning (R1)
• Construction: Other roof (see remarks)
• Exterior features: Vacant lot occupancy; Has RV space

Interior

• Bathrooms: One full bathroom
• Interior features: Formal living room; No fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $474 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Recommended offer: $92k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 46/100 on livability (#1,271 in CA) — a working-class tenant base; expect higher turnover. Strengths: cost of living B; Watch: amenities F, commute F, employment F.
• Taft City (town): math 28% / reading 39% proficiency, ranked #946 of 1,400 in CA (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Conley Elementary (312 students, 91% FRL); Lincoln Junior High (math 75% / reading 75%, grade A, #25 of 498 statewide, top 6%, 795 students, 89% FRL); Taft Union High (math 8% / reading 47%, grade F, #785 of 1,170 statewide, top 67%, 1,102 students, 59% FRL).
• Zoned-school proficiency averages 51% at this address vs 34% district-wide (+18 pts) — the actual schools serving this property are materially stronger than the Taft City average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising fast (+13.6%/yr); 125 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k 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 + 8.0% rent growth), your $27k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts 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 1937 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 5→11/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $92,150 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 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 1937 — 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. 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.
6. 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.
7. 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: 1.51% ✓
• Cap rate: 12.28%
• Cash-on-cash: 21.39%
• DSCR: 1.95
• GRM: 5.5

CMA / ARV

• ARV (on-the-fly): $174,122
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
131 Oak St	0.46mi	3/1.0	974 (+1%)	6mo	$205,000	$210	72
408 Naylor Ave	0.27mi	3/1.0	863 (-10%)	3mo	$135,000	$156	68
116 Shattuck Ave	0.42mi	3/1.0	930 (-3%)	11mo	$185,000	$199	66
216 Shattuck	0.34mi	3/1.5	1,088 (+13%)	2mo	$185,000	$170	59
331 D	0.52mi	2/1.0 (-1)	1,005 (+4%)	8mo	$80,500	$80	56
211 Montview Ave	0.52mi	3/2.0	1,036 (+8%)	7mo	$202,000	$195	53
411 A St	0.68mi	2/1.0 (-1)	934 (-3%)	8mo	$157,180	$168	51
132 Franklin Ave	0.60mi	3/1.0	1,053 (+10%)	10mo	$255,000	$242	48
224 Eastern Ave	0.47mi	3/1.0	824 (-14%)	9mo	$149,000	$181	47
322 S 8th St	0.57mi	2/1.0 (-1)	846 (-12%)	10mo	$174,000	$206	40
314 Philippine St	0.54mi	2/2.0 (-1)	1,096 (+14%)	7mo	$193,000	$176	37
505 B St	0.71mi	2/1.0 (-1)	852 (-11%)	7mo	$112,000	$131	37

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 19.5%
• Equity multiple: 1.84×
• Total profit: $22,388
• Equity at exit: $14,165

10-year hold

• IRR: 31.0%
• Equity multiple: 4.49×
• Total profit: $92,891
• Equity at exit: $8,214

Cash invested: $26,600 (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 93268

• Home prices YoY: -29.6%
• Rents YoY: 13.6%
• Active inventory: 125
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,431 medium
• Mortgage (P&I): −$498
• Tax from tax record: −$119 /mo · $1,425/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$301
• Net cashflow: $474

Break-even live

Break-even rent $831

Max offer price $95,000

Occupancy floor 62%

Sensitivity live

Price	-10% $528	-5% $501	+0% $474	+5% $447	+10% $420
Rent	-10% $361	-5% $418	+0% $474	+5% $531	+10% $587
Rate	-1.0pp $522	-0.5pp $498	base $474	+0.5pp $449	+1.0pp $424

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
553 Front St Taft, CA	2.0	1.0	943	$1,575	$1.67	4d	1	0.54mi
409 A St Taft, CA	3.0	1.0	840	$1,300	$1.55	4d	1	0.67mi
522 Center St Unit D Taft, CA	3.0	1.0	1047	$1,325	$1.27	23d	1	0.79mi

Listing history 21 events

1. 2026-06-21
   days on market $95,000 Active 32 DOM
2. 2026-06-18
   days on market $95,000 Active 29 DOM
3. 2026-06-17
   days on market $95,000 Active 28 DOM
4. 2026-06-16
   days on market $95,000 Active 27 DOM
5. 2026-06-15
   days on market $95,000 Active 26 DOM
6. 2026-06-14
   days on market $95,000 Active 24 DOM
7. 2026-06-13
   days on market $95,000 Active 23 DOM
8. 2026-06-10
   days on market $95,000 Active 21 DOM
9. 2026-06-09
   remarks 514-char remark
10. 2026-06-09
    days on market $95,000 Active 20 DOM
11. 2026-06-08
    days on market $95,000 Active 19 DOM
12. 2026-06-07
    days on market $95,000 Active 18 DOM
13. 2026-06-05
    days on market $95,000 Active 15 DOM
14. 2026-06-03
    days on market $95,000 Active 14 DOM
15. 2026-06-03
    days on market $95,000 Active 13 DOM
16. 2026-06-01
    days on market $95,000 Active 12 DOM
17. 2026-05-31
    days on market $95,000 Active 11 DOM
18. 2026-05-20
    status Pending
19. 2026-05-12
    listed $95,000 Active
20. 2026-01-03
    listed $108,500 Active
21. 2025-10-11
    listed $115,000 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: $1,425 · $119/mo
• Projected year-2 tax: $1,425 · $119/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 8/10 Severe
• 🌡 Heat 8/10 Severe 5 d/yr ≥102°F today · 11 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 8/10 Severe 18 unhealthy d/yr today · 22 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,175
• − Mortgage interest: −$5,321
• − Property taxes: −$1,425
• − Insurance: −$475
• − Repairs & maintenance: −$1,374
• − Management: −$1,374
• − Depreciation: −$2,764
• Taxable income: $4,441
• Est. tax owed @ 24.0%: −$1,066
• After-tax cash flow: $4,623/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: Taft City
• NCES district ID: 0638700
• Math proficiency: 28% ▲ 2.00%
• Reading proficiency: 39% ▲ 2.00%
• Median HH income: $42,498
• Composite: 31.06/100
• National rank: #11302
• State rank: #946 of 1400 in CA

Livability — South Taft

• Score: 46/100
• State rank: #1271
• US rank: #26438

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: South Taft, CA
• County: Kern County · 710,371 people
• Metro: Bakersfield, CA
• Population (ZIP): 16,963
• Household income: $57,778
• Rent vs Own: 49.8% rent · 50.2% own
• Severe rent burden: 819.0

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: Majority White (51%)
• Race & ethnicity: White 51% Hispanic / Latino 44% Two or more races 14%
• Hispanic origin (detail): Mexican 42%
• Common ancestry: Slovak 2% Italian 1% Portuguese 1%
• Foreign-born: 16% · Canada
• Languages at home: 65% English-only · Spanish 34%

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: ▼ -124.10%
• Current HPI: 295.2655
• Rent YoY: ▲ 13.62%
• 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

• 2026-05-20 Pending — GEMLS
• 2026-05-12 Listed $95,000 GEMLS
• 2026-01-03 Listed $108,500 GEMLS
• 2025-10-11 Listed $115,000 GEMLS

Property tax history

+6.0%/yr

Latest (2025): $1,425 · +4.4% YoY. Source: county tax records.