9709 Irene Ave · California City, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 8/10 · Major
- Hot days now (above 101°F)
- 4 days/yr
- Hot days in 30 yrs
- 11 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 7/10 · Major
- Unhealthy air days now
- 13 days/yr
- Unhealthy air days in 30 yrs
- 17 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +13.9/15.0
- Appreciation +10.0/10.0
- Cash flow +9.8/30.0
- Rent growth +3.9/5.0
- DSCR +2.8/10.0
- 1% rule +2.6/10.0
- Condition / age +2.5/5.0
- Livability +2.2/5.0
- Schools +2.1/10.0
$285,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this beautifully renovated 3 bedroom, 2 bathroom home offering 1,785 sq ft of thoughtfully designed living space on a generous 10,454 sq ft lot. This move in ready property blends modern upgrades with timeless charm, creating a home that truly stands out. Step inside to a bright and inviting interior filled with natural light. The expansive living room is anchored by a cozy fireplace, setting the tone for comfort and style. Warm wood flooring flows through the main living areas, while the bedrooms offer a soft, relaxing retreat. The kitchen is both stylish and functional, featuring classic wood cabinetry, ample storage, and included appliances, making it the heart of the home. A dedicated laundry room with additional cabinetry adds extra ease and organization. The primary suite serves as a private escape, complete with a walk in closet and a dual sink vanity designed for everyday luxury. Two additional bedrooms provide versatile space for guests, a home office, or growing needs. Step outside to a spacious backyard with endless possibilities, perfect for entertaining, relaxing, or creating your dream outdoor oasis. Whether it is hosting gatherings or enjoying quiet evenings under the open sky, this yard delivers. Additional highlights include central air conditioning and an attached 2 car garage. Recently renovated and move in ready, this home offers the perfect combination of space, comfort, and elevated living. Homes like this do not come around often.
Key facts
- 0.24 acre lot
- 2 garage spots
- Built 1987
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $285k.
Deal economics
- At list price, monthly cash flow is $-181 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $253k (11.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $216k (24.3% below list).
- Recommended offer: $216k (24.3% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 44/100 on livability (#1,329 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: schools F, crime F, amenities F.
- Mojave Unified (town): math 25% / reading 25% proficiency, ranked #411 of 517 in CA (top 80%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+5.5%/yr); 703 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
- This rent runs 43% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $30k of equity ($2k loan paydown + $28k appreciation (10.0% local appreciation)).
- Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- By year 2, paydown + projected appreciation supports a ~$49k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 69 days — a 6% lower offer ($268k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 5y 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 4→11/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 69 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- 0.76% ✗
- Cap rate
- 5.53%
- Cash-on-cash
- -2.72%
- DSCR
- 0.88
- GRM
- 11.0
CMA / ARV
- ARV (median comp)
- $332,482
- List price
- $285,000
- Delta
- -14.28%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 9701 Susan Ave | 0.06mi | 3/2.0 | 1,753 (-2%) | 3mo | $345,000 | $197 | 92 |
| 9925 Irene Ave | 0.25mi | 3/2.5 | 1,750 (-2%) | 0mo | $280,000 | $160 | 82 |
| 21601 Adler | 0.38mi | 3/2.0 | 1,859 (+4%) | 1mo | $360,000 | $194 | 75 |
| 9840 Margery Ave | 0.28mi | 3/2.0 | 1,625 (-9%) | 2mo | $275,000 | $169 | 70 |
| 9418 Karen Ave | 0.30mi | 3/2.0 | 1,626 (-9%) | 3mo | $258,000 | $159 | 69 |
| 9629 Mendiburu Rd | 0.40mi | 3/2.0 | 1,900 (+6%) | 3mo | $410,000 | $216 | 68 |
| 9801 Evelyn Ave | 0.29mi | 4/2.0 (+1) | 1,923 (+8%) | 4mo | $325,000 | $169 | 65 |
| 9709 Susan Ave | 0.06mi | 4/3.5 (+1) | 1,994 (+12%) | 3mo | $390,000 | $196 | 64 |
| 9644 Raymond Ave | 0.50mi | 4/2.0 (+1) | 1,720 (-4%) | 4mo | $360,000 | $209 | 62 |
| 21851 101st St | 0.46mi | 3/2.0 | 1,960 (+10%) | 4mo | $209,000 | $107 | 59 |
| 10121 Margery Ave | 0.46mi | 4/2.5 (+1) | 2,035 (+14%) | 0mo | $370,000 | $182 | 48 |
| 9143 Rea Avenue Ave | 0.60mi | 3/2.0 | 1,522 (-15%) | 3mo | $344,400 | $226 | 45 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 5.45% rent growth · sell at horizon
- IRR
- 23.1%
- Equity multiple
- 2.87×
- Total profit
- $149,104
- Equity at exit
- $256,751
- IRR
- 21.1%
- Equity multiple
- 6.77×
- Total profit
- $460,327
- Equity at exit
- $553,692
Cash invested: $79,800 (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
ZIP-level market 93505
- Home prices YoY
- 13.0%
- Rents YoY
- 5.5%
- Active inventory
- 703
- Price-to-rent
- 11.0×
Monthly cashflow live
- Estimated rent
- $2,157 high interval (Pro) →
- Mortgage (P&I)
- −$1,495
- Tax from tax record
- −$272 /mo · $3,259/yr
- Insurance
- −$119
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$453
- Net cashflow
- $-181
Break-even live
Sensitivity live
| Price | -10% $-20 | -5% $-101 | +0% $-181 | +5% $-262 | +10% $-343 |
|---|---|---|---|---|---|
| Rent | -10% $-352 | -5% $-266 | +0% $-181 | +5% $-96 | +10% $-11 |
| Rate | -1.0pp $-38 | -0.5pp $-109 | base $-181 | +0.5pp $-255 | +1.0pp $-330 |
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
- $71,250
- Closing costs
- $8,550
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 12 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 21319 Conklin Ct California City, CA | 2.0 | 2.0 | 1816 | $2,200 | $1.21 | 45d | 1 | 0.42mi |
| 21235 Windsong St California City, CA | 3.0 | 3.0 | 1780 | $2,100 | $1.18 | 24d | 1 | 0.46mi |
| 21187 Conklin Blvd California City, CA | 3.0 | 2.0 | 1473 | $1,800 | $1.22 | 15d | 1 | 0.55mi |
| 9931 Putter Ct California City, CA | 3.0 | 2.0 | 1445 | $1,675 | $1.16 | 4d | 1 | 0.55mi |
| 10193 Evelyn Ave California City, CA | 3.0 | 2.0 | 1616 | $2,150 | $1.33 | 15d | 1 | 0.63mi |
| 9019 Evelyn Ave California City, CA | 4.0 | 2.0 | 1731 | $2,600 | $1.50 | 4d | 1 | 0.66mi |
| 21231 Corwin St California City, CA | 3.0 | 2.0 | 1632 | $2,500 | $1.53 | 24d | 1 | 0.82mi |
| 9213 Holly Ave California City, CA | 3.0 | 2.0 | 1339 | $1,900 | $1.42 | 4d | 1 | 1.15mi |
| 21398 Baldwin Ln California City, CA | 4.0 | 2.0 | 1527 | $2,000 | $1.31 | 3d | 1 | 1.26mi |
| 8801 S Loop Blvd California City, CA | 3.0 | 2.0 | 1537 | $2,600 | $1.69 | 24d | 1 | 1.35mi |
| 8332 Rea Ave California City, CA | 4.0 | 3.0 | 1861 | $2,500 | $1.34 | 4d | 1 | 1.41mi |
| 8307 Charles Pl California City, CA | 3.0 | 2.0 | 1498 | $1,750 | $1.17 | 15d | 1 | 1.42mi |
Listing history 30 events
-
2026-06-18days on market $285,000 Active 69 DOM
-
2026-06-17days on market $285,000 Active 68 DOM
-
2026-06-16days on market $285,000 Active 67 DOM
-
2026-06-15days on market $285,000 Active 66 DOM
-
2026-06-14days on market $285,000 Active 64 DOM
-
2026-06-13days on market $285,000 Active 63 DOM
-
2026-06-10days on market $285,000 Active 61 DOM
-
2026-06-09days on market $285,000 Active 60 DOM
-
2026-06-08days on market $285,000 Active 59 DOM
-
2026-06-07days on market $285,000 Active 58 DOM
-
2026-06-05days on market $285,000 Active 55 DOM
-
2026-06-03days on market $285,000 Active 54 DOM
-
2026-06-03days on market $285,000 Active 53 DOM
-
2026-06-01days on market $285,000 Active 52 DOM
-
2026-05-31days on market $285,000 Active 51 DOM
-
2026-04-16historical $1,875
-
2026-04-10$285,000 Active 1488-char remark
Show marketing remark (1488 chars)
Welcome to this beautifully renovated 3 bedroom, 2 bathroom home offering 1,785 sq ft of thoughtfully designed living space on a generous 10,454 sq ft lot. This move in ready property blends modern upgrades with timeless charm, creating a home that truly stands out. Step inside to a bright and inviting interior filled with natural light. The expansive living room is anchored by a cozy fireplace, setting the tone for comfort and style. Warm wood flooring flows through the main living areas, while the bedrooms offer a soft, relaxing retreat. The kitchen is both stylish and functional, featuring classic wood cabinetry, ample storage, and included appliances, making it the heart of the home. A dedicated laundry room with additional cabinetry adds extra ease and organization. The primary suite serves as a private escape, complete with a walk in closet and a dual sink vanity designed for everyday luxury. Two additional bedrooms provide versatile space for guests, a home office, or growing needs. Step outside to a spacious backyard with endless possibilities, perfect for entertaining, relaxing, or creating your dream outdoor oasis. Whether it is hosting gatherings or enjoying quiet evenings under the open sky, this yard delivers. Additional highlights include central air conditioning and an attached 2 car garage. Recently renovated and move in ready, this home offers the perfect combination of space, comfort, and elevated living. Homes like this do not come around often.
-
2026-03-30$1,875
-
2026-03-18historical $1,850
-
2026-02-13price $1,850
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2026-01-07$1,895
-
2023-08-14historical
-
2022-11-20historical
-
2021-12-23soldstatus $270,000 Closed Sale 269-char remark
Show marketing remark (269 chars)
This Beautiful well maintained 3 bedroom, 2 full bath home is waiting for it's next family. Sitting almost on a quarter acre lot, with 1785 sqft of living space. Has plenty of room for a growing family and all the toys, and animals. This home ready for it's new family.
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2021-12-17soldstatus $270,000
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2021-12-16soldstatus $270,000 Closed
-
2021-12-01status Pending Sale 269-char remark
Show marketing remark (269 chars)
This Beautiful well maintained 3 bedroom, 2 full bath home is waiting for it's next family. Sitting almost on a quarter acre lot, with 1785 sqft of living space. Has plenty of room for a growing family and all the toys, and animals. This home ready for it's new family.
-
2021-11-29$269,000 Active 269-char remark
Show marketing remark (269 chars)
This Beautiful well maintained 3 bedroom, 2 full bath home is waiting for it's next family. Sitting almost on a quarter acre lot, with 1785 sqft of living space. Has plenty of room for a growing family and all the toys, and animals. This home ready for it's new family.
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2021-11-08$269,000 Active
-
1988-03-11soldstatus $91,500
ⓘ 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
- $3,259 · $272/mo
- Projected year-2 tax
- $3,259 · $272/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 4 d/yr ≥101°F today · 11 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 7/10 Severe 13 unhealthy d/yr today · 17 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $25,879
- − Mortgage interest
- −$15,964
- − Property taxes
- −$3,259
- − Insurance
- −$1,425
- − Repairs & maintenance
- −$2,070
- − Management
- −$2,070
- − Depreciation
- −$8,291
- Taxable loss
- −$7,201
- Est. tax savings @ 24.0%
- +$1,728
- After-tax cash flow
- $-446/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
- Mojave Unified
- NCES district ID
- 0625230
- Math proficiency
- 25% ▲ 11.00%
- Reading proficiency
- 25% ▼ -1.00%
- Median HH income
- $43,017
- Composite
- 21.4/100
- National rank
- #8350
- State rank
- #411 of 517 in CA
Livability — California City
- Score
- 44/100
- State rank
- #1329
- US rank
- #26753
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- California City, CA
- County
- Kern County · 710,371 people
- City population
- 14,353
- Metro
- Bakersfield, CA
- Population (ZIP)
- 14,353
- Household income
- $59,827
- Rent vs Own
- Severe rent burden
- 883.0
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
- Highly diverse neighborhood (Simpson 0.70)
- Race & ethnicity
- Hispanic / Latino 40% White 30% Black 22% Two or more races 16% Native American 3% Asian 1%
- Hispanic origin (detail)
- Mexican 29%
- Common ancestry
- Italian 3% Lithuanian 1% Romanian 1%
- Foreign-born
- 13% · Canada, Dominican Republic
- Languages at home
- 68% English-only · Spanish 29%
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
- ▲ 46.32%
- Current HPI
- 402.4192
- Rent YoY
- ▲ 5.45%
- 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 |
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Price history
-98.0% since first listed15 events — show timeline
- 2026-04-16 Rental Removed $1,875 APPFOLIO
- 2026-04-10 Listed $285,000 AVMLS
- 2026-03-30 Listed for Rent $1,875 APPFOLIO
- 2026-03-18 Rental Removed $1,850 APPFOLIO
- 2026-02-13 Price Changed $1,850 APPFOLIO
- 2026-01-07 Listed for Rent $1,895 APPFOLIO
- 2023-08-14 Rental Removed — APPFOLIO
- 2022-11-20 Rental Removed — APPFOLIO
- 2021-12-23 Sold (MLS) $270,000 CRMLS
- 2021-12-17 Sold (Public Records) $270,000 Public Records
- 2021-12-16 Sold (MLS) $270,000 AVMLS
- 2021-12-01 Pending — CRMLS
- 2021-11-29 Listed $269,000 CRMLS
- 2021-11-08 Listed $269,000 AVMLS
- 1988-03-11 Sold (Public Records) $91,500 Public Records
Property tax history
+8.1%/yrLatest (2025): $3,259 · -5.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…