6204 Dennen St · Bakersfield, CA 93313

$230,999

3 bd · 2.0 ba · 1,440 sqft · Manufactured public records · 38 Days on market

Built 1977 6,098 sqft lot Est $265k · 13% under

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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 +21.2/30.0
• ARV discount +13.3/15.0
• DSCR +6.8/10.0
• 1% rule +4.6/10.0
• Schools +3.4/10.0
• Rent growth +3.0/5.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Southwest Bakersfield! This charming manufactured home sits on its own land and offers a fantastic opportunity for homeownership. Featuring 3 bedrooms and 2 bathrooms, this property is full of potential and ready for your personal touch. Whether you're a first-time buyer or looking to invest, you won't want to miss this one.

Key facts

• 6,098 sq ft lot
• Built 1977
• Listed 38 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $231k.

Deal economics

• At list price, monthly cash flow is $333 ($4k/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 $222k (3.9% below list).
• Recommended offer: $222k (3.9% below list) — sets the bar for 1% rule.
• Cap rate 8.0% 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 (+2.1%/yr); 271 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 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 $2k of loan paydown is wiped out by about $7k 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 38 days — a 3% lower offer ($224k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 31y 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

• 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 $222,086 (3.9% below list)

Questions for the listing agent

1. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 4% concession, seller financing, or rate buy-down credit?
2. Built in 1977 — 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 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: 0.96% ✗
• Cap rate: 8.02%
• Cash-on-cash: 6.18%
• DSCR: 1.28
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $264,960
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6309 Dennen St	0.08mi	3/2.0	1,521 (+6%)	1mo	$280,000	$184	86
6216 Dennen St	0.03mi	3/2.0	1,440 (0%)	21mo	$150,000	$104	81
2812 Wheatland Ave	0.12mi	3/2.0	1,536 (+7%)	21mo	$255,000	$166	66
2505 Carlita Ct	0.36mi	2/2.0 (-1)	1,272 (-12%)	8mo	$250,000	$197	52

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 · 2.12% rent growth · sell at horizon

5-year hold

• IRR: -7.7%
• Equity multiple: 0.72×
• Total profit: $-18,228
• Equity at exit: $34,443

10-year hold

• IRR: 0.8%
• Equity multiple: 1.05×
• Total profit: $3,300
• Equity at exit: $19,973

Cash invested: $64,680 (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 93313

• Home prices YoY: -20.4%
• Rents YoY: 2.1%
• Active inventory: 271
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,221 high
• Mortgage (P&I): −$1,211
• Tax from tax record: −$114 /mo · $1,363/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$466
• Net cashflow: $333

Break-even live

Break-even rent $1,799

Max offer price $230,999

Occupancy floor 80%

Sensitivity live

Price	-10% $464	-5% $399	+0% $333	+5% $268	+10% $203
Rent	-10% $158	-5% $246	+0% $333	+5% $421	+10% $509
Rate	-1.0pp $450	-0.5pp $392	base $333	+0.5pp $273	+1.0pp $213

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: $57,750
• Closing costs: $6,930
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3316 Fiesta Ave Bakersfield, CA	3.0	3.0	1700	$2,300	$1.35	44d	1	0.47mi
6304 Castleford St Unit 4 Bakersfield, CA	3.0	2.0	1144	$1,500	$1.31	44d	1	0.55mi
6302 Castleford St Unit 4 Bakersfield, CA	3.0	2.0	1144	$1,500	$1.31	3d	1	0.55mi
2625 Miria Dr Bakersfield, CA	3.0	1.0	1308	$1,850	$1.41	24d	1	0.57mi
6401 Castleford St Unit C Bakersfield, CA	3.0	2.0	1125	$1,500	$1.33	20d	1	0.59mi
6513 Pine View Dr Bakersfield, CA	3.0	2.5	1600	$1,950	$1.22	3d	1	0.62mi
2308 Kelso Peak Ave Bakersfield, CA	3.0	2.5	1752	$3,900	$2.23	4d	1	0.86mi
3921 White Sands Dr Bakersfield, CA	4.0	2.0	1798	$2,550	$1.42	3d	1	0.95mi
5516 Dustin St Bakersfield, CA	4.0	2.0	1507	$2,450	$1.63	44d	1	1.00mi
4605 Mount Everest Way Bakersfield, CA	3.0	2.0	1465	$2,250	$1.54	3d	1	1.00mi
4212 Cyclone Dr Bakersfield, CA	4.0	2.0	1471	$2,275	$1.55	3d	1	1.06mi
4012 Island Mist Ct Bakersfield, CA	3.0	2.0	1436	$2,300	$1.60	3d	1	1.07mi
1318 Evadonna Rd Bakersfield, CA	3.0	2.0	1012	$2,200	$2.17	11d	1	1.17mi
4508 Blossom Valley Ln Bakersfield, CA	3.0	2.0	1107	$1,850	$1.67	22d	1	1.18mi
1305 Quartz Hill Rd Bakersfield, CA	3.0	2.0	1351	$2,250	$1.67	3d	1	1.25mi
8203 Libby Ct Bakersfield, CA	4.0	2.0	1715	$2,400	$1.40	22d	1	1.33mi
1000 Pacheco Rd Unit 131 Bakersfield, CA	3.0	1.0	1095	$1,650	$1.51	3d	1	1.35mi
4309 Rosewall St Bakersfield, CA	3.0	2.0	1356	$2,200	$1.62	3d	1	1.36mi
6208 Stine Rd Apt B Bakersfield, CA	2.0	1.0	904	$1,495	$1.65	11d	1	1.38mi
3605 Biltmore Ln Bakersfield, CA	2.0	2.0	1450	$1,650	$1.14	3d	1	1.38mi
4140 Teal St Apt 10 Bakersfield, CA	2.0	1.0	950	$1,295	$1.36	24d	1	1.46mi
4140 Teal St Unit 12A Bakersfield, CA	2.0	1.0	950	$1,525	$1.61	11d	1	1.46mi
4140 Teal St Bakersfield, CA	2.0	1.0	950	$1,525	$1.61	3d	1	1.46mi
4215 Teal St Bakersfield, CA	2.0	1.5	960	$1,395	$1.45	3d	3	1.49mi
5012 Greenville Ct Bakersfield, CA	3.0	2.0	1500	$2,200	$1.47	44d	1	1.50mi

Listing history 33 events

1. 2026-03-20
   status Pending Sale 337-char remark

   Show marketing remark (337 chars)

   Welcome to Southwest Bakersfield! This charming manufactured home sits on its own land and offers a fantastic opportunity for homeownership. Featuring 3 bedrooms and 2 bathrooms, this property is full of potential and ready for your personal touch. Whether you're a first-time buyer or looking to invest, you won't want to miss this one.

2. 2026-03-17
   soldstatus $235,000 Closed Sale 337-char remark

   Show marketing remark (337 chars)

   Welcome to Southwest Bakersfield! This charming manufactured home sits on its own land and offers a fantastic opportunity for homeownership. Featuring 3 bedrooms and 2 bathrooms, this property is full of potential and ready for your personal touch. Whether you're a first-time buyer or looking to invest, you won't want to miss this one.

3. 2026-03-17
   soldstatus $235,000

   Show marketing remark (337 chars)

   Welcome to Southwest Bakersfield! This charming manufactured home sits on its own land and offers a fantastic opportunity for homeownership. Featuring 3 bedrooms and 2 bathrooms, this property is full of potential and ready for your personal touch. Whether you're a first-time buyer or looking to invest, you won't want to miss this one.

4. 2026-02-06
   status Pending
5. 2026-01-27
   status Active 337-char remark

   Show marketing remark (337 chars)

   Welcome to Southwest Bakersfield! This charming manufactured home sits on its own land and offers a fantastic opportunity for homeownership. Featuring 3 bedrooms and 2 bathrooms, this property is full of potential and ready for your personal touch. Whether you're a first-time buyer or looking to invest, you won't want to miss this one.

6. 2026-01-27
   price $230,999 337-char remark

   Show marketing remark (337 chars)

   Welcome to Southwest Bakersfield! This charming manufactured home sits on its own land and offers a fantastic opportunity for homeownership. Featuring 3 bedrooms and 2 bathrooms, this property is full of potential and ready for your personal touch. Whether you're a first-time buyer or looking to invest, you won't want to miss this one.

7. 2026-01-27
   price $230,999

   Show marketing remark (337 chars)

   Welcome to Southwest Bakersfield! This charming manufactured home sits on its own land and offers a fantastic opportunity for homeownership. Featuring 3 bedrooms and 2 bathrooms, this property is full of potential and ready for your personal touch. Whether you're a first-time buyer or looking to invest, you won't want to miss this one.

8. 2026-01-14
   price $235,999
9. 2025-12-29
   listed $242,999 Active
10. 2025-11-24
    historical Active Under Contract 337-char remark

    Show marketing remark (337 chars)

    Welcome to Southwest Bakersfield! This charming manufactured home sits on its own land and offers a fantastic opportunity for homeownership. Featuring 3 bedrooms and 2 bathrooms, this property is full of potential and ready for your personal touch. Whether you're a first-time buyer or looking to invest, you won't want to miss this one.

11. 2025-11-24
    historical Active - Contingent

    Show marketing remark (337 chars)

    Welcome to Southwest Bakersfield! This charming manufactured home sits on its own land and offers a fantastic opportunity for homeownership. Featuring 3 bedrooms and 2 bathrooms, this property is full of potential and ready for your personal touch. Whether you're a first-time buyer or looking to invest, you won't want to miss this one.

12. 2025-11-22
    price $229,999
13. 2025-10-17
    price $239,999
14. 2025-10-07
    price $245,000
15. 2025-08-13
    price $249,999
16. 2025-06-02
    price $254,999
17. 2025-04-11
    listed $264,999 Active 337-char remark

    Show marketing remark (337 chars)

    Welcome to Southwest Bakersfield! This charming manufactured home sits on its own land and offers a fantastic opportunity for homeownership. Featuring 3 bedrooms and 2 bathrooms, this property is full of potential and ready for your personal touch. Whether you're a first-time buyer or looking to invest, you won't want to miss this one.

18. 2025-04-11
    listed $264,999 Active

    Show marketing remark (337 chars)

    Welcome to Southwest Bakersfield! This charming manufactured home sits on its own land and offers a fantastic opportunity for homeownership. Featuring 3 bedrooms and 2 bathrooms, this property is full of potential and ready for your personal touch. Whether you're a first-time buyer or looking to invest, you won't want to miss this one.

19. 2018-07-10
    price $122,000
20. 2013-08-12
    price $57,950
21. 2013-07-31
    soldstatus $60,000
22. 2013-07-24
    historical
23. 2013-06-24
    listed $60,000
24. 1996-02-02
    soldstatus $51,000
25. 1996-02-02
    soldstatus $51,000
26. 1996-02-02
    soldstatus $51,000
27. 1995-12-21
    price $55,000
28. 1995-12-21
    historical
29. 1995-12-21
    historical
30. 1995-12-21
    price $55,000
31. 1995-11-18
    listed $51,000
32. 1995-11-18
    listed $51,000
33. 1990-12-11
    soldstatus $28,000

ⓘ 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: $1,363 · $114/mo
• Projected year-2 tax: $1,756 · $146/mo
• Expected delta: +$393/yr (+$33/mo · 28.8%)

ⓘ 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 ≥105°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: $26,650
• − Mortgage interest: −$12,940
• − Property taxes: −$1,363
• − Insurance: −$1,155
• − Repairs & maintenance: −$2,132
• − Management: −$2,132
• − Depreciation: −$6,720
• Taxable income: $209
• Est. tax owed @ 24.0%: −$50
• After-tax cash flow: $3,949/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): 61,843
• Household income: $91,943
• Rent vs Own: 21.4% rent · 78.6% own
• Severe rent burden: 1177.0

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: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: Hispanic / Latino 57% Two or more races 28% White 22% Asian 13% Black 6%
• Hispanic origin (detail): Mexican 52%
• Common ancestry: British 1% Romanian 1%
• Foreign-born: 25% · Canada, Vietnam, China
• Languages at home: 45% English-only · Spanish 40% Other Indo-European 8% Other Asian/Pacific 2%

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: ▼ -85.95%
• Current HPI: 335.9445
• Rent YoY: ▲ 2.12%
• 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

+739.3% since first listed

33 events — show timeline

• 2026-03-20 Pending — CRMLS
• 2026-03-17 Sold (Public Records) $235,000 Public Records
• 2026-03-17 Sold (MLS) $235,000 CRMLS
• 2026-02-06 Pending — GEMLS
• 2026-01-27 Relisted — CRMLS
• 2026-01-27 Price Changed $230,999 CRMLS
• 2026-01-27 Price Changed $230,999 GEMLS
• 2026-01-14 Price Changed $235,999 GEMLS
• 2025-12-29 Listed $242,999 GEMLS
• 2025-11-24 Contingent — CRMLS
• 2025-11-24 Contingent — GEMLS
• 2025-11-22 Price Changed $229,999 GEMLS
• 2025-10-17 Price Changed $239,999 GEMLS
• 2025-10-07 Price Changed $245,000 GEMLS
• 2025-08-13 Price Changed $249,999 GEMLS
• 2025-06-02 Price Changed $254,999 GEMLS
• 2025-04-11 Listed $264,999 GEMLS
• 2025-04-11 Listed $264,999 CRMLS
• 2018-07-10 Price Changed $122,000 GEMLS
• 2013-08-12 Price Changed $57,950 GEMLS
• 2013-07-31 Sold (MLS) $60,000 GEMLS
• 2013-07-24 Delisted — GEMLS
• 2013-06-24 Listed $60,000 GEMLS
• 1996-02-02 Sold (Public Records) $51,000 Public Records
• 1996-02-02 Sold (MLS) $51,000 GEMLS
• 1996-02-02 Sold (MLS) $51,000 GEMLS
• 1995-12-21 Price Changed $55,000 GEMLS
• 1995-12-21 Delisted — GEMLS
• 1995-12-21 Delisted — GEMLS
• 1995-12-21 Price Changed $55,000 GEMLS
• 1995-11-18 Listed $51,000 GEMLS
• 1995-11-18 Listed $51,000 GEMLS
• 1990-12-11 Sold (Public Records) $28,000 Public Records

Property tax history

+2.5%/yr

Latest (2025): $1,363 · +2.0% YoY. Source: county tax records.