3300 15th St W #383 · Rosamond, CA 93560

$119,900

3 bd · 2.0 ba · 1,300 sqft · Manufactured · 94 Days on market

Built 1976 Good condition $92/sqft · 11% above area Est $108k · 11% over $700/mo HOA · 31% of rent ↓ 14% since listing

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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 +24.2/30.0
• 1% rule +10.0/10.0
• DSCR +7.8/10.0
• Appreciation +6.2/10.0
• Condition / age +4.0/5.0
• ARV discount +2.7/15.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Schools +2.2/10.0

Listing remarks MLS

Welcome to this beautifully renovated 3-bedroom, 2-bath mobile home located at 3300 15th St W, Space 383 in Rosamond. This move-in ready home has been completely updated with modern finishes and thoughtful upgrades throughout. Step inside to a bright and spacious living room, perfect for relaxing or entertaining guests. The brand-new modern kitchen features stylish cabinetry, updated countertops, and contemporary fixtures, creating a clean and inviting space for cooking and gathering. The home offers three comfortable bedrooms, including a private primary suite with its own full bathroom. Both bathrooms have been tastefully renovated to match the home's fresh, modern feel. Outside, enjoy the convenience of a side entrance with parking for up to three vehicles. The massive wrap-around deck provides the perfect setting for outdoor entertaining, morning coffee, or simply enjoying the peaceful surroundings. A private gated entrance adds an extra layer of privacy and security. This fully renovated home combines comfort, style, and functionality -- a must-see opportunity in Rosamond! OWNER FINANCE AVAILABLE!!!!!!

Key facts

• Wrap-around deck
• Modern kitchen
• Parking

Tags

• RENOVATED MOBILE HOME
• MODERN KITCHEN
• PRIVATE PRIMARY SUITE
• TASTEFULLY RENOVATED BATHROOMS
• WRAP-AROUND DECK
• PRIVATE GATED ENTRANCE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $120k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $240 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Recommended offer: $109k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.7% vs local median 4.3% in Rosamond — 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 49/100 on livability (#1,178 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: schools F, crime F, amenities F.
• Southern Kern Unified (town): math 25% / reading 25% proficiency, ranked #387 of 517 in CA (top 75%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 458 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 11d 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).
• This rent runs 35% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $4k of equity ($829 loan paydown + $3k appreciation (2.4% local appreciation)).
• Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (2.4% appreciation + 3.0% rent growth), your $34k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 94 days — a 9% lower offer ($109k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y 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 31% of rent.
• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $109,109 (9.0% below list)

Questions for the listing agent

1. It's been on market 94 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.87% ✓
• Cap rate: 8.70%
• Cash-on-cash: 8.58%
• DSCR: 1.38
• GRM: 4.5

CMA / ARV

• ARV (median comp): $108,373
• List price: $119,900
• Delta: 10.64%
• Verdict: OVERPRICED
• Comps: 13 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3300 W 15th St Spc 340	0.15mi	3/2.0	1,344 (+3%)	6mo	$120,000	$89	82
1335 Richfield Ave	0.32mi	3/2.0	1,296 (-0%)	3mo	$320,000	$247	82
3300 15th W #389	0.15mi	3/2.0	1,440 (+11%)	1mo	$102,000	$71	74
3300 W 15th St W #360	0.15mi	3/2.0	1,440 (+11%)	5mo	$130,000	$90	71
3300 W 15th St #194	0.15mi	3/2.0	1,152 (-11%)	7mo	$117,000	$102	68
3300 15th St W #263	0.15mi	3/2.0	1,152 (-11%)	8mo	$53,650	$47	67
3300 W 15th St Spc 151	0.15mi	3/2.0	1,440 (+11%)	9mo	$131,000	$91	67
3300 15th St W #367	0.15mi	4/2.0 (+1)	1,392 (+7%)	13mo	$129,900	$93	66
3300 15th St W #59	0.15mi	3/3.0	1,420 (+9%)	15mo	$120,000	$85	61
3300 15th St W #102	0.15mi	3/2.0	1,488 (+14%)	15mo	$122,100	$82	56
—	0.74mi	4/2.0 (+1)	1,325 (+2%)	13mo	$125,000	$94	46
3303 Sierra Hwy Hwy #60	0.71mi	3/2.0	1,440 (+11%)	8mo	$110,000	$76	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

2.4% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.2%
• Equity multiple: 1.79×
• Total profit: $26,471
• Equity at exit: $49,942

10-year hold

• IRR: 16.7%
• Equity multiple: 3.33×
• Total profit: $78,211
• Equity at exit: $74,011

Cash invested: $33,572 (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 93560

• Home prices YoY: 0.6%
• Active inventory: 458
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $2,239 high
• Mortgage (P&I): −$629
• Tax est. 1.5%: −$150 /mo · $1,798/yr
• Insurance: −$50
• HOA: −$700
• Vacancy / Maint / Mgmt: −$470
• Net cashflow: $240

Break-even live

Break-even rent $1,935

Max offer price $119,900

Occupancy floor 84%

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3400 15th St W Unit 118 Rosamond, CA	2.0	1.5	1050	$1,600	$1.52	10d	1	0.27mi
3400 15th St W Rosamond, CA	2.0	1.0	1000	$1,498	$1.50	1d	4	0.29mi
3400 15th St W Unit 21 Rosamond, CA	2.0	1.0	950	$1,495	$1.57	10d	1	0.31mi
1225 Barrington Ave Rosamond, CA	3.0	2.0	1072	$2,200	$2.05	1d	1	0.48mi
2821 Desert St Unit C Rosamond, CA	2.0	1.0	975	$1,795	$1.84	1d	1	0.97mi
3172 Shelley St Rosamond, CA	4.0	2.0	1192	$2,300	$1.93	22d	1	1.01mi
1838 Center St Unit A Rosamond, CA	3.0	2.5	1475	$2,000	$1.36	10d	1	1.03mi
1838 Center St Unit A Rosamond, CA	3.0	2.5	1495	$2,000	$1.34	1d	1	1.03mi
2910 B St Rosamond, CA	2.0	1.5	1775	$1,542	$0.87	19d	1	1.04mi
2300 Panorama Ln Rosamond, CA	2.0	2.0	1121	$2,300	$2.05	44d	1	1.10mi
2416 W Valley Vis Rosamond, CA	3.0	2.0	1343	$2,250	$1.68	15d	1	1.23mi
2436 Horizon Dr Rosamond, CA	3.0	2.0	1416	$4,500	$3.18	44d	1	1.26mi
2051 Candice Ave Rosamond, CA	3.0	2.0	1345	$2,395	$1.78	15d	1	1.37mi
2516 Starbrite Ave Rosamond, CA	3.0	2.0	1542	$2,900	$1.88	1d	1	1.38mi
2608 Starbrite Ave Rosamond, CA	4.0	2.0	1542	$2,795	$1.81	1d	1	1.46mi

HOA detail

• Monthly dues: $700 · $8,400/yr
• Likely covers: security

Listing history 18 events

1. 2026-06-18
   days on market $119,900 Active 94 DOM
2. 2026-06-17
   days on market $119,900 Active 93 DOM
3. 2026-06-16
   days on market $119,900 Active 92 DOM
4. 2026-06-15
   days on market $119,900 Active 91 DOM
5. 2026-06-13
   days on market $119,900 Active 89 DOM
6. 2026-06-13
   days on market $119,900 Active 88 DOM
7. 2026-06-09
   days on market $119,900 Active 85 DOM
8. 2026-06-08
   days on market $119,900 Active 84 DOM
9. 2026-06-07
   days on market $119,900 Active 83 DOM
10. 2026-06-04
    days on market $119,900 Active 80 DOM
11. 2026-06-03
    days on market $119,900 Active 79 DOM
12. 2026-06-02
    days on market $119,900 Active 78 DOM
13. 2026-06-01
    days on market $119,900 Active 77 DOM
14. 2026-05-31
    days on market $119,900 Active 76 DOM
15. 2026-03-16
    listed $119,900 Active 1124-char remark

    Show marketing remark (1124 chars)

    Welcome to this beautifully renovated 3-bedroom, 2-bath mobile home located at 3300 15th St W, Space 383 in Rosamond. This move-in ready home has been completely updated with modern finishes and thoughtful upgrades throughout. Step inside to a bright and spacious living room, perfect for relaxing or entertaining guests. The brand-new modern kitchen features stylish cabinetry, updated countertops, and contemporary fixtures, creating a clean and inviting space for cooking and gathering. The home offers three comfortable bedrooms, including a private primary suite with its own full bathroom. Both bathrooms have been tastefully renovated to match the home's fresh, modern feel. Outside, enjoy the convenience of a side entrance with parking for up to three vehicles. The massive wrap-around deck provides the perfect setting for outdoor entertaining, morning coffee, or simply enjoying the peaceful surroundings. A private gated entrance adds an extra layer of privacy and security. This fully renovated home combines comfort, style, and functionality -- a must-see opportunity in Rosamond! OWNER FINANCE AVAILABLE!!!!!!

16. 2026-02-18
    listed $119,900 Active 1124-char remark

    Show marketing remark (1124 chars)

    Welcome to this beautifully renovated 3-bedroom, 2-bath mobile home located at 3300 15th St W, Space 383 in Rosamond. This move-in ready home has been completely updated with modern finishes and thoughtful upgrades throughout. Step inside to a bright and spacious living room, perfect for relaxing or entertaining guests. The brand-new modern kitchen features stylish cabinetry, updated countertops, and contemporary fixtures, creating a clean and inviting space for cooking and gathering. The home offers three comfortable bedrooms, including a private primary suite with its own full bathroom. Both bathrooms have been tastefully renovated to match the home's fresh, modern feel. Outside, enjoy the convenience of a side entrance with parking for up to three vehicles. The massive wrap-around deck provides the perfect setting for outdoor entertaining, morning coffee, or simply enjoying the peaceful surroundings. A private gated entrance adds an extra layer of privacy and security. This fully renovated home combines comfort, style, and functionality -- a must-see opportunity in Rosamond! OWNER FINANCE AVAILABLE!!!!!!

17. 2024-07-25
    historical
18. 2024-02-19
    listed $140,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (shaded) · 20% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 6 d/yr ≥101°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 7/10 Severe 14 unhealthy d/yr today · 18 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,867
• − Mortgage interest: −$6,716
• − Property taxes: −$1,798
• − Insurance: −$600
• − Repairs & maintenance: −$2,149
• − Management: −$2,149
• − HOA: −$8,400
• − Depreciation: −$3,488
• Taxable income: $1,566
• Est. tax owed @ 24.0%: −$376
• After-tax cash flow: $2,506/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.

Condition & rehab AI · 11 photos

Good 80/100 Cosmetic rehab

This beautifully renovated mobile home is move-in ready with modern finishes and thoughtful upgrades throughout. It offers a bright and spacious living room, a modern kitchen, and tastefully renovated bathrooms. The exterior is well-maintained, and the property is located in a desirable neighborhood with a community park nearby.

Value-add opportunities

• Both Painting the exterior — Fresh paint can enhance curb appeal and property value.
• Both Landscaping improvements — Enhanced landscaping can attract more buyers and renters.
• Both Adding smart home features — Modern technology can increase both resale and rental value.
• Both Upgrading appliances — Modern appliances can make the home more appealing to buyers and renters.
• Both Adding a smart thermostat — Energy-efficient systems can lower utility costs and attract eco-conscious buyers and renters.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior — Fresh paint can enhance curb appeal and property value. ↑
• Both Landscaping improvements — Enhanced landscaping can attract more buyers and renters. ↑
• Both Adding smart home features — Modern technology can increase both resale and rental value. ↑
• Both Upgrading appliances — Modern appliances can make the home more appealing to buyers and renters. ↑
• Both Adding a smart thermostat — Energy-efficient systems can lower utility costs and attract eco-conscious buyers and renters. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Southern Kern Unified
• NCES district ID: 0637620
• Math proficiency: 25% ▲ 7.00%
• Reading proficiency: 25% ▼ -8.00%
• Median HH income: $54,523
• Composite: 22.5/100
• National rank: #8093
• State rank: #387 of 517 in CA

Livability — Rosamond

• Score: 49/100
• State rank: #1178
• US rank: #25952

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rosamond, CA
• County: Kern County · 710,371 people
• City population: 22,119
• Metro: Bakersfield, CA
• Population (ZIP): 22,119
• Household income: $77,431
• Rent vs Own: 22.6% rent · 77.4% own
• Severe rent burden: 425.0

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 0.68)
• Race & ethnicity: Hispanic / Latino 45% White 32% Two or more races 17% Black 13% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 35%
• Common ancestry: Portuguese 2% Italian 2% Lithuanian 1%
• Foreign-born: 13% · Canada
• Languages at home: 68% English-only · Spanish 28% Other Indo-European 2% Other Asian/Pacific 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: ▲ 2.40%
• Current HPI: 403.7206
• Rent YoY: —
• 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

-14.4% since first listed

4 events — show timeline

• 2026-03-16 Listed $119,900 TheMLS
• 2026-02-18 Listed $119,900 AVMLS
• 2024-07-25 Listing Removed — CRMLS
• 2024-02-19 Listed $140,000 CRMLS