1301 Taft Hwy #166 · Bakersfield, CA 93307

$105,900

3 bd · 2.0 ba · 1,152 sqft · Manufactured public records · 33 Days on market

Built 1987 $92/sqft · 7% above area Est $99k · 7% over $825/mo HOA · 43% of rent ↓ 8% since listing

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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 +14.2/30.0
• 1% rule +10.0/10.0
• DSCR +4.3/10.0
• ARV discount +4.1/15.0
• Rent growth +3.9/5.0
• Schools +3.4/10.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Back on the market with updated flooring!! Don't miss this incredible opportunity to own a well-maintained 3-bedroom, 2-bathroom home in the highly desirable Southland Mobile Home Park in Bakersfield! Fresh updated new carpet in bedrooms! This charming home is move-in ready and features a newer HVAC system to keep you cool during those hot summer days. Newer carpet in all bedrooms Enjoy all the fantastic amenities this family-friendly park has to offer, including a sparkling community pool to cool off and a relaxing hot tub to unwind. Conveniently located near shopping, dining, and schools, this home is a must-see. Schedule your showing today! & #127969; & #10024;

Key facts

• Hot tub
• Community pool
• Newer hvac system

Tags

• NEWER HVAC SYSTEM
• COMMUNITY POOL
• HOT TUB

Property features AI

Finance

• HOA & community: Southland Mobile Home Park HOA; Association clubhouse and recreation; Association pool; HOA fee of $825 per month

Exterior

• Parking: Carport
• Utilities: Sewer service
• Home design: Manufactured/mobile home; Owner-occupied
• Construction: Composition roof
• Exterior features: Covered patio; Community pool; Located in a mobile home zoning area (MH); Leased space

Interior

• Kitchen: Range/oven
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central A/C; Central heat
• Interior features: Formal living room; Breakfast area; Range/oven

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $106k.

Deal economics

• At list price, monthly cash flow is $18 ($219/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $106k).
• Recommended offer: $103k (3.0% below list) — sets the bar for market timing.
• Cap rate 6.5% 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, crime F, amenities 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.
• Zoned schools: Ridgeview High (reading 95%, 2,688 students, 74% FRL).
• Market conditions: Rents rising fast (+5.7%/yr); 314 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
• This rent runs 41% of the median local income ($56k/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 $732 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.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($103k) is reasonable based on typical stale-listing flexibility.
• 8 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.

Risks & watch-outs

• Watch-outs: HOA is 43% of rent.
• 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 $102,723 (3.0% below list)

Questions for the listing agent

1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 1.83% ✓
• Cap rate: 6.50%
• Cash-on-cash: 0.74%
• DSCR: 1.03
• GRM: 4.5

CMA / ARV

• ARV (median comp): $98,560
• List price: $105,900
• Delta: 7.45%
• Verdict: FAIR
• Comps: 5 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1301 Taft Hwy #58	0.00mi	3/2.0	1,152 (0%)	9mo	$100,000	$87	93
1301 Taft Hwy #163	0.00mi	3/1.8	1,152 (0%)	16mo	$60,000	$52	86
1301 Taft Hwy #31	0.00mi	3/2.0	1,120 (-3%)	14mo	$130,000	$116	84
1301 Taft #91	0.00mi	3/2.0	1,243 (+8%)	6mo	$75,000	$60	82
1301 Taft Hwy #50	0.00mi	3/2.0	1,056 (-8%)	7mo	$109,900	$104	80
1301 Taft Hwy #99	0.00mi	3/2.0	1,034 (-10%)	22mo	$95,900	$93	65
1301 Taft Hwy #96	0.11mi	3/2.0	1,316 (+14%)	9mo	$99,900	$76	64
1225 Taft Hwy #19	0.20mi	2/2.0 (-1)	1,058 (-8%)	23mo	$65,000	$61	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: -8.7%
• Equity multiple: 0.66×
• Total profit: $-10,050
• Equity at exit: $15,790

10-year hold

• IRR: 6.7%
• Equity multiple: 1.62×
• Total profit: $18,402
• Equity at exit: $9,156

Cash invested: $29,652 (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: 314
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $1,941 high
• Mortgage (P&I): −$555
• Tax from tax record: −$91 /mo · $1,087/yr
• Insurance: −$44
• HOA: −$825
• Vacancy / Maint / Mgmt: −$408
• Net cashflow: $18

Break-even live

Break-even rent $1,918

Max offer price $105,900

Occupancy floor 94%

Sensitivity live

Price	-10% $78	-5% $48	+0% $18	+5% $-12	+10% $-42
Rent	-10% $-135	-5% $-58	+0% $18	+5% $95	+10% $172
Rate	-1.0pp $72	-0.5pp $45	base $18	+0.5pp $-9	+1.0pp $-37

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: $26,475
• Closing costs: $3,177
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1408 Interlaken Dr Bakersfield, CA	3.0	2.0	1159	$2,250	$1.94	23d	1	1.00mi
8914 S Union Ave Bakersfield, CA	3.0	2.0	1500	$1,950	$1.30	4d	1	1.10mi
600 Hosking Ave Unit 75B Bakersfield, CA	2.0	1.5	1008	$1,650	$1.64	23d	1	1.38mi
600 Hosking Ave Unit 47B Bakersfield, CA	2.0	1.5	1008	$1,650	$1.64	12d	1	1.38mi
600 Hosking Ave Unit 56A Bakersfield, CA	3.0	2.0	1200	$1,750	$1.46	4d	1	1.38mi
600 Hosking Ave Unit 51D Bakersfield, CA	3.0	2.0	1200	$1,800	$1.50	5d	1	1.38mi
600 Hosking Ave Unit 73D Bakersfield, CA	3.0	2.0	1230	$1,850	$1.50	45d	1	1.38mi
600 Hosking Ave Unit 43B Bakersfield, CA	2.0	1.5	1050	$1,650	$1.57	45d	1	1.38mi
600 Hosking Ave Apt 69A Bakersfield, CA	3.0	2.0	1208	$1,850	$1.53	21d	1	1.38mi
600 Hosking Ave Unit 47C Bakersfield, CA	2.0	1.5	1008	$1,650	$1.64	4d	1	1.38mi
1305 Quartz Hill Rd Bakersfield, CA	3.0	2.0	1351	$2,250	$1.67	4d	1	1.45mi

HOA detail

• Monthly dues: $825 · $9,900/yr
• Likely covers: pool

Listing history 31 events

1. 2026-06-21
   days on market $105,900 Active 33 DOM
2. 2026-06-18
   days on market $105,900 Active 30 DOM
3. 2026-06-17
   days on market $105,900 Active 29 DOM
4. 2026-06-16
   days on market $105,900 Active 28 DOM
5. 2026-06-15
   days on market $105,900 Active 27 DOM
6. 2026-06-14
   days on market $105,900 Active 25 DOM
7. 2026-06-13
   remarks 673-char remark
8. 2026-06-13
   days on market $105,900 Active 24 DOM
9. 2026-06-03
   days on market $105,900 Active 21 DOM
10. 2026-06-03
    days on market $105,900 Active 20 DOM
11. 2026-06-01
    days on market $105,900 Active 19 DOM
12. 2026-05-31
    days on market $105,900 Active 18 DOM
13. 2026-05-13
    listed $105,900 Active 613-char remark
14. 2026-04-20
    price $105,900
15. 2026-03-16
    price $113,900
16. 2026-01-05
    price $114,500
17. 2025-12-30
    listed $116,000 Active
18. 2025-09-06
    price $116,000
19. 2025-08-26
    status Active
20. 2025-08-16
    status Pending
21. 2025-06-28
    listed $116,500 Active
22. 2025-05-15
    price $117,500
23. 2025-04-21
    status Active
24. 2025-02-28
    price $119,000
25. 2025-02-11
    price $121,500
26. 2025-02-05
    price $123,000
27. 2025-01-30
    listed $130,000 Active
28. 2023-07-28
    soldstatus $100,000 Sold
29. 2023-07-02
    status Pending
30. 2023-06-20
    price $109,500
31. 2023-04-20
    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: $1,087 · $91/mo
• Projected year-2 tax: $1,087 · $91/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 · 18 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: $23,291
• − Mortgage interest: −$5,932
• − Property taxes: −$1,087
• − Insurance: −$530
• − Repairs & maintenance: −$1,863
• − Management: −$1,863
• − HOA: −$9,900
• − Depreciation: −$3,081
• Taxable loss: −$965
• Est. tax savings @ 24.0%: +$232
• After-tax cash flow: $451/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

-7.9% since first listed

20 events — show timeline

• 2026-06-10 Relisted — GEMLS
• 2026-05-13 Listed $105,900 GEMLS
• 2026-04-20 Price Changed $105,900 GEMLS
• 2026-03-16 Price Changed $113,900 GEMLS
• 2026-01-05 Price Changed $114,500 GEMLS
• 2025-12-30 Listed $116,000 GEMLS
• 2025-09-06 Price Changed $116,000 GEMLS
• 2025-08-26 Relisted — GEMLS
• 2025-08-16 Pending — GEMLS
• 2025-06-28 Listed $116,500 GEMLS
• 2025-05-15 Price Changed $117,500 GEMLS
• 2025-04-21 Relisted — GEMLS
• 2025-02-28 Price Changed $119,000 GEMLS
• 2025-02-11 Price Changed $121,500 GEMLS
• 2025-02-05 Price Changed $123,000 GEMLS
• 2025-01-30 Listed $130,000 GEMLS
• 2023-07-28 Sold (MLS) $100,000 GEMLS
• 2023-07-02 Pending — GEMLS
• 2023-06-20 Price Changed $109,500 GEMLS
• 2023-04-20 Listed $115,000 GEMLS

Property tax history

+21.5%/yr

Latest (2025): $1,087 · +601.7% YoY. Source: county tax records.