Real Estate Investing in La Cresta - Altavista, California (93305)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93305 (La Cresta - Altavista, CA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 27.1% poverty rate — can affect rent collection.
- Lower household income: $35,379 median — tenant affordability is tighter.
What’s happening in La Cresta - Altavista, CA (93305)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 93305 La Cresta - Altavista
ZIP 93305 inside Kern County looks affordable on the surface — median value of $272K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $1,438/mo on a $272K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 93305 sits below the stated 0.0% once reality is priced in.
ZIP 93305's metrics run below Kern County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 93305 ZIP's population of 36,998 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in La Cresta - Altavista:
Property Strategy for 93305
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $154,175 | $1,040 | 4.9% | +4.9% | $154,175 |
| 2BR | $211,927 | $1,350 | 4.6% | +7.4% | $105,963 |
| 3BR | $283,438 | $1,880 | 4.8% | +8.9% | $94,479 |
| 4BR | $325,306 | $2,260 | 5.0% | +9.0% | $81,327 |
| 5BR | $398,285 | — | — | +8.9% | $79,657 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93305 Compare?
| Metric | 93305 | La Cresta - Altavista | Bakersfield, CA | California |
|---|---|---|---|---|
| Home Value | $271,797 | $271,797 | N/A | $761,003 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 5.7% |
| Avg Rent | $1,438 | $1,438 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 93305 (La Cresta - Altavista, CA). Anonymous, moderated, never written by AI.
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Property managers serving Kern County
Manage rentals here? List your business →Aipmbakersfield.com is a premium expired .com domain for sale on GoDaddy. summary from their website
Mashcole Property Management, Inc. is a full-service property management company serving Los Angeles, Long Beach, Calabasas, Torrance, San Fernando Valley, Orange County, Downey, Anaheim, Riverside Co summary from their website
Coming Soon re-synergy.com We're under construction. Please check back for an update soon. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $271,797 |
| Monthly Rent | $1,438 |
| Price-to-Rent | 15.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +1.1% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 Rent Trends
| 1-Year | +2.7% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 93305
Population: 36,998
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 93305
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Kern County Special Education
Kern County Juvenile Court
Stella I. Hills Elementary
Franklin Elementary
Kern County Community
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 12,993 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much should I expect to pay for a home in La Cresta - Altavista, CA?
The median home value in La Cresta - Altavista, CA is roughly $272K. That puts it reasonable relative to the CA statewide average.
What kind of tenants rent in La Cresta - Altavista, CA?
The tenant pool in La Cresta - Altavista, CA is solid, supported by local employment and population fundamentals. Rents of $1,438/mo are well-absorbed by the market.
How do experienced investors play La Cresta - Altavista, CA?
In La Cresta - Altavista, CA the durable play is typically careful cash-flow rentals with hands-on management. The combination of $272K prices and $1,438/mo rents suits that approach.
Does house hacking make sense in La Cresta - Altavista, CA?
The house hack math a challenging in La Cresta - Altavista, CA. Owner-occupant buyers benefit from the $1,438/mo rents and $272K home values.
Is rental property easy to operate in La Cresta - Altavista, CA?
La Cresta - Altavista, CA falls under CA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
You know 93305 now. You don’t know where it ranks.
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How 93305 ranks in Bakersfield, CA
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