4925 Holly · Long Beach, CA 90805

$148,000

2 bd · 1.0 ba · 400 sqft · Manufactured · 341 Days on market

Built 2024 Good condition ↓ 10% since listing

---

Why this score? — see what drove the B- 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 +27.9/30.0
• DSCR +9.9/10.0
• 1% rule +7.6/10.0
• ARV discount +7.5/15.0
• Condition / age +4.0/5.0
• Schools +3.7/10.0
• Livability +3.4/5.0
• Rent growth +3.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Introducing a modern one-bedroom, one-bath loft at 4921 Holly Avenue, Long Beach, CA, located in a 55 and over community. This 400 sq. ft. end unit, newly built in 2024, features an open floor plan with a kitchen open to the living room, vinyl plank flooring, and a beautiful covered porch. Enjoy assigned parking with two spaces right in front of the unit and access to a pool. The home's side entrance includes a ramp with a bar for easy access. This is the best end unit. Perfect for contemporary living!

Key facts

• Covered porch
• Side entrance ramp
• Open floor plan

Tags

• OPEN FLOOR PLAN
• COVERED PORCH
• ASSIGNED PARKING
• ACCESS TO A POOL
• SIDE ENTRANCE RAMP

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $148k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $455 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $148k).
• Recommended offer: $130k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.0% vs local median 1.9% in Long Beach — 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 67/100 on livability (#319 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B+; Watch: health & safety C-, crime F, cost of living F.
• Long Beach Unified (urban): math 34% / reading 50% proficiency, ranked #216 of 517 in CA (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.9%/yr); 100 active listings in the ZIP; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
• This rent runs 31% 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 $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 1.9% rent growth), your $41k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 341 days — a 12% lower offer ($130k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $130,240 (12.0% below list)

Questions for the listing agent

1. It's been on market 341 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.26% ✓
• Cap rate: 9.99%
• Cash-on-cash: 13.19%
• DSCR: 1.59
• GRM: 6.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.95% rent growth · sell at horizon

5-year hold

• IRR: 2.0%
• Equity multiple: 1.07×
• Total profit: $3,094
• Equity at exit: $22,067

10-year hold

• IRR: 10.5%
• Equity multiple: 1.78×
• Total profit: $32,297
• Equity at exit: $12,796

Cash invested: $41,440 (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 90805

• Rents YoY: 1.9%
• Active inventory: 100
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,871 medium
• Mortgage (P&I): −$776
• Tax est. 1.5%: −$185 /mo · $2,220/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $455

Break-even live

Break-even rent $1,295

Max offer price $148,000

Occupancy floor 71%

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: $37,000
• Closing costs: $4,440
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-18
   days on market $148,000 Active 341 DOM
2. 2026-06-17
   days on market $148,000 Active 340 DOM
3. 2026-06-16
   days on market $148,000 Active 339 DOM
4. 2026-06-15
   days on market $148,000 Active 338 DOM
5. 2026-06-13
   days on market $148,000 Active 336 DOM
6. 2026-06-13
   days on market $148,000 Active 335 DOM
7. 2026-06-09
   days on market $148,000 Active 332 DOM
8. 2026-06-08
   days on market $148,000 Active 331 DOM
9. 2026-06-07
   days on market $148,000 Active 330 DOM
10. 2026-06-04
    days on market $148,000 Active 327 DOM
11. 2026-06-03
    days on market $148,000 Active 326 DOM
12. 2026-06-02
    days on market $148,000 Active 325 DOM
13. 2026-06-01
    days on market $148,000 Active 324 DOM
14. 2026-05-31
    days on market $148,000 Active 323 DOM
15. 2025-11-28
    price $148,000 507-char remark

    Show marketing remark (507 chars)

    Introducing a modern one-bedroom, one-bath loft at 4921 Holly Avenue, Long Beach, CA, located in a 55 and over community. This 400 sq. ft. end unit, newly built in 2024, features an open floor plan with a kitchen open to the living room, vinyl plank flooring, and a beautiful covered porch. Enjoy assigned parking with two spaces right in front of the unit and access to a pool. The home's side entrance includes a ramp with a bar for easy access. This is the best end unit. Perfect for contemporary living!

16. 2025-09-27
    price $150,000 507-char remark

    Show marketing remark (507 chars)

    Introducing a modern one-bedroom, one-bath loft at 4921 Holly Avenue, Long Beach, CA, located in a 55 and over community. This 400 sq. ft. end unit, newly built in 2024, features an open floor plan with a kitchen open to the living room, vinyl plank flooring, and a beautiful covered porch. Enjoy assigned parking with two spaces right in front of the unit and access to a pool. The home's side entrance includes a ramp with a bar for easy access. This is the best end unit. Perfect for contemporary living!

17. 2025-09-11
    price $155,000 507-char remark

    Show marketing remark (507 chars)

    Introducing a modern one-bedroom, one-bath loft at 4921 Holly Avenue, Long Beach, CA, located in a 55 and over community. This 400 sq. ft. end unit, newly built in 2024, features an open floor plan with a kitchen open to the living room, vinyl plank flooring, and a beautiful covered porch. Enjoy assigned parking with two spaces right in front of the unit and access to a pool. The home's side entrance includes a ramp with a bar for easy access. This is the best end unit. Perfect for contemporary living!

18. 2025-08-14
    price $159,000 507-char remark

    Show marketing remark (507 chars)

    Introducing a modern one-bedroom, one-bath loft at 4921 Holly Avenue, Long Beach, CA, located in a 55 and over community. This 400 sq. ft. end unit, newly built in 2024, features an open floor plan with a kitchen open to the living room, vinyl plank flooring, and a beautiful covered porch. Enjoy assigned parking with two spaces right in front of the unit and access to a pool. The home's side entrance includes a ramp with a bar for easy access. This is the best end unit. Perfect for contemporary living!

19. 2025-07-12
    listed $165,000 Active 507-char remark

    Show marketing remark (507 chars)

    Introducing a modern one-bedroom, one-bath loft at 4921 Holly Avenue, Long Beach, CA, located in a 55 and over community. This 400 sq. ft. end unit, newly built in 2024, features an open floor plan with a kitchen open to the living room, vinyl plank flooring, and a beautiful covered porch. Enjoy assigned parking with two spaces right in front of the unit and access to a pool. The home's side entrance includes a ramp with a bar for easy access. This is the best end unit. Perfect for contemporary living!

ⓘ 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 5/10 Major FEMA zone X · 26% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥90°F today · 22 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 6/10 Major 9 unhealthy d/yr today · 10 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,454
• − Mortgage interest: −$8,290
• − Property taxes: −$2,220
• − Insurance: −$740
• − Repairs & maintenance: −$1,796
• − Management: −$1,796
• − Depreciation: −$4,305
• Taxable income: $3,305
• Est. tax owed @ 24.0%: −$793
• After-tax cash flow: $4,672/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 · 12 photos

Good 80/100 Cosmetic rehab

This modern manufactured home is in excellent condition with a good condition score of 80. It is move-in ready with a good exterior and interior. The home has a good resale and rental value and can be further improved with some cosmetic updates.

Value-add opportunities

• Both Painting the exterior — Enhances curb appeal and can increase both resale and rental value.
• Both Landscaping improvements — Enhances curb appeal and can increase both resale and rental value.
• Both New flooring in the kitchen and bathrooms — Modernizes the space and can increase both resale and rental value.
• Both Upgrading the HVAC system — Improves comfort and energy efficiency, increasing both resale and rental value.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior — Enhances curb appeal and can increase both resale and rental value. ↑
• Both Landscaping improvements — Enhances curb appeal and can increase both resale and rental value. ↑
• Both New flooring in the kitchen and bathrooms — Modernizes the space and can increase both resale and rental value. ↑
• Both Upgrading the HVAC system — Improves comfort and energy efficiency, increasing both resale and rental value. ↑

ⓘ 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: Long Beach Unified
• NCES district ID: 0622500
• Math proficiency: 34% ▼ -11.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $56,092
• Composite: 36.67/100
• National rank: #4607
• State rank: #216 of 517 in CA

Livability — Long Beach

• Score: 67/100
• State rank: #319
• US rank: #10758

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Long Beach, CA
• County: Los Angeles County · 9,444,647 people
• City population: 466,088
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 92,402
• Household income: $73,415
• Rent vs Own: 57.9% rent · 42.1% own
• Severe rent burden: 4834.0

Population outlook (Los Angeles County) Hauer SSP2

• Today (2025): 10,940,515 people
• By 2030: 11,256,481 · +2.9%
• By 2040: 11,729,929 · +7.2%
• By 2050: 11,948,407 · +9.2%
• By 2075: 11,818,114 · +8.0%
• By 2100: 10,842,928 · -0.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: Hispanic / Latino 59% Black 18% Two or more races 16% Asian 11% White 8% Native American 2%
• Hispanic origin (detail): Mexican 48%
• Common ancestry: Lithuanian 1% Slovak 1%
• Foreign-born: 30% · Canada, Vietnam
• Languages at home: 41% English-only · Spanish 49% Other Asian/Pacific 5% Tagalog/Filipino 2%

Political lean MEDSL · Los Angeles

• 2024 margin: Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
• 2008→2024 swing: -7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
• All cycles: 2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -817.43%
• Current HPI: 456.7913
• Rent YoY: ▲ 1.95%
• Metro: Los Angeles-Long Beach-Anaheim, 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

-10.3% since first listed

5 events — show timeline

• 2025-11-28 Price Changed $148,000 CRMLS
• 2025-09-27 Price Changed $150,000 CRMLS
• 2025-09-11 Price Changed $155,000 CRMLS
• 2025-08-14 Price Changed $159,000 CRMLS
• 2025-07-12 Listed $165,000 CRMLS