1442 W Oakland Ave · Tulare, CA 93274

$227,500

3 bd · 1.0 ba · 1,066 sqft · SingleFamily public records · 4 Days on market

Built 1963 8,412 sqft lot Est $292k · 22% under ↓ 10% 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 +15.3/30.0
• ARV discount +15.0/15.0
• DSCR +4.7/10.0
• 1% rule +4.0/10.0
• Rent growth +3.2/5.0
• Schools +3.0/10.0
• Livability +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 3-bedroom, 1-bath home on a large lot in N/W Tulare. This home offers great curb appeal with brick and rod iron fencing. Driveway features a double swinging gate allowing entire front yard to be enclosed. This well-maintained home has had many updates over the years like; bathroom remodel, HVAC, windows, hot water heater and oven. The backyard has a nice covered patio, 2 sheds, a block wall and fruit trees. Call today!

Key facts

• 8,412 sq ft lot
• 2 garage spots
• Built 1963

Property features AI

Exterior

• Parking: Attached garage with 2 spaces
• Utilities: Public water; Public sewer; Electricity connected; Cable connected
• Home design: Single-family residence; One story
• Exterior features: Composition roof; Lot approximately 0.19 acres (70' x 125')

Interior

• Bathrooms: One full bathroom
• Interior features: Central heating and central air conditioning

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $228k.

Deal economics

• At list price, monthly cash flow is $84 ($1k/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 $205k (10.1% below list).
• Recommended offer: $205k (10.1% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 3.3% in Tulare — 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 (#701 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: commute C-, employment D+, crime F.
• Tulare Joint Union High (suburban): math 18% / reading 52% proficiency, ranked #280 of 517 in CA (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Pleasant Elementary (math 14% / reading 28%, grade F, #1,233 of 1,571 statewide, top 79%, 641 students, 85% FRL); Los Tules Middle (math 12% / reading 35%, grade F, #370 of 498 statewide, top 75%, 664 students, 86% FRL); Tulare Western High (math 18% / reading 56%, grade F, #578 of 1,170 statewide, top 51%, 1,933 students, 78% FRL).
• Market conditions: Rents rising (+2.7%/yr); 355 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 1,447 units permitted in Tulare County in 2024 (307 in 5+ unit buildings).
• This rent runs 34% of the median local income ($73k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Tulare County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $204,569 (10.1% below list)

Questions for the listing agent

1. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 0.90% ✗
• Cap rate: 6.74%
• Cash-on-cash: 1.58%
• DSCR: 1.07
• GRM: 9.3

CMA / ARV

• ARV (on-the-fly): $292,084
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1521 W Juliet Ave	0.10mi	3/2.0	1,032 (-3%)	1mo	$157,500	$153	85
1502 W Maple Ave	0.17mi	3/2.0	1,050 (-2%)	13mo	$330,000	$314	74
1800 W Merritt Ave	0.37mi	3/2.0	1,040 (-2%)	7mo	$285,000	$274	69
1025 Belmont St	0.33mi	2/2.0 (-1)	1,085 (+2%)	11mo	$275,000	$253	63
501 N California Ct	0.52mi	3/1.8	1,032 (-3%)	8mo	$300,000	$291	60
1991 Country View Ave	0.41mi	3/2.0	1,166 (+9%)	11mo	$318,000	$273	52
892 W Madalyn Ave	0.62mi	3/2.0	1,008 (-5%)	7mo	$320,000	$317	52
1188 Palo Alto St	0.54mi	3/2.0	1,016 (-5%)	14mo	$280,000	$276	51
2157 Dandelion Ave	0.51mi	3/2.0	1,175 (+10%)	10mo	$340,000	$289	47
533 Huntington Ct	0.42mi	3/2.0	1,188 (+11%)	14mo	$310,000	$261	46
800 N D St	0.62mi	4/1.0 (+1)	1,173 (+10%)	8mo	$300,000	$256	43
1140 W King	0.73mi	2/1.0 (-1)	954 (-10%)	6mo	$235,000	$246	39

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 · 2.67% rent growth · sell at horizon

5-year hold

• IRR: -14.1%
• Equity multiple: 0.49×
• Total profit: $-32,191
• Equity at exit: $33,921

10-year hold

• IRR: -5.9%
• Equity multiple: 0.63×
• Total profit: $-23,885
• Equity at exit: $19,670

Cash invested: $63,700 (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 93274

• Rents YoY: 2.7%
• Active inventory: 355
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $2,046 medium
• Mortgage (P&I): −$1,193
• Tax from tax record: −$244 /mo · $2,932/yr
• Insurance: −$95
• HOA: −$0
• Vacancy / Maint / Mgmt: −$430
• Net cashflow: $84

Break-even live

Break-even rent $1,939

Max offer price $227,500

Occupancy floor 91%

Sensitivity live

Price	-10% $213	-5% $148	+0% $84	+5% $20	+10% $-45
Rent	-10% $-78	-5% $3	+0% $84	+5% $165	+10% $246
Rate	-1.0pp $198	-0.5pp $142	base $84	+0.5pp $25	+1.0pp $-35

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: $56,875
• Closing costs: $6,825
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1136 W Damron Ave Tulare, CA	3.0	2.0	1200	$2,000	$1.67	15d	1	0.25mi
1255 N H St Tulare, CA	2.0	1.0	700	$1,250	$1.79	15d	1	0.96mi
1516 Calaveras Ct Tulare, CA	4.0	2.0	1274	$2,000	$1.57	15d	1	1.15mi
1919 N Oaks St Tulare, CA	3.0	3.0	1380	$2,325	$1.68	15d	1	1.39mi

Listing history 5 events

1. 2026-06-05
   statusdays on market $227,500 Pending 4 DOM
2. 2026-06-03
   days on market $227,500 Active 3 DOM
3. 2026-06-02
   days on market $227,500 Active 2 DOM
4. 2026-06-01
   remarks 117-char remark
5. 2026-06-01
   listed $227,500 Active 1 DOM

ⓘ 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: $2,932 · $244/mo
• Projected year-2 tax: $2,932 · $244/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 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥106°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 36 unhealthy d/yr today · 39 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,548
• − Mortgage interest: −$12,744
• − Property taxes: −$2,932
• − Insurance: −$1,138
• − Repairs & maintenance: −$1,964
• − Management: −$1,964
• − Depreciation: −$6,618
• Taxable loss: −$2,811
• Est. tax savings @ 24.0%: +$675
• After-tax cash flow: $1,682/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: Tulare Joint Union High
• NCES district ID: 0639930
• Math proficiency: 18% ▼ -6.00%
• Reading proficiency: 52% ▼ -1.00%
• Median HH income: $46,858
• Composite: 29.91/100
• National rank: #6384
• State rank: #280 of 517 in CA

Livability — Tulare

• Score: 58/100
• State rank: #701
• US rank: #21185

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Tulare, CA
• County: Tulare County · 323,826 people
• City population: 80,026
• Metro: Visalia, CA
• Population (ZIP): 80,026
• Household income: $72,650
• Rent vs Own: 42.9% rent · 57.1% own
• Severe rent burden: 2393.0

Population outlook (Tulare County) Hauer SSP2

• Today (2025): 484,681 people
• By 2030: 496,241 · +2.4%
• By 2040: 518,507 · +7.0%
• By 2050: 534,920 · +10.4%
• By 2075: 548,417 · +13.2%
• By 2100: 513,085 · +5.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Hispanic (64%)
• Race & ethnicity: Hispanic / Latino 64% White 29% Two or more races 24% Asian 2% Black 2%
• Hispanic origin (detail): Mexican 60%
• Common ancestry: Russian 7% Iranian 1% Italian 1%
• Foreign-born: 19% · Canada, Vietnam
• Languages at home: 52% English-only · Spanish 42% Other Indo-European 3% Other Asian/Pacific 1%

Political lean MEDSL · Tulare

• 2024 margin: Strong R (+20.7) · D 38.5% · R 59.2% · Other 2.3%
• 2008→2024 swing: -5.4pp toward R · 2008: -15.3pp · 2024: -20.7pp
• All cycles: 2024: R+20.7 2020: R+7.8 2016: R+12.1 2012: R+17.8 2008: R+15.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -402.03%
• Current HPI: 316.0806
• Rent YoY: ▲ 2.67%
• Metro: Visalia, 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

-10.1% since first listed

3 events — show timeline

• 2026-05-30 Listed $227,500 TCMLS
• 2022-02-01 Sold (Public Records) $253,000 Public Records
• 2022-02-01 Sold (MLS) $253,000 TCMLS

Property tax history

+11.2%/yr

Latest (2025): $2,932 · +0.3% YoY. Source: county tax records.