18540 Soledad Cyn #124 · Santa Clarita, CA 91351

$158,900

2 bd · 2.0 ba · 1,056 sqft · Manufactured public records · 93 Days on market

Built 1981 Good condition Est $176k · 10% under

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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 +30.0/30.0
• ARV discount +12.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +5.9/10.0
• Condition / age +3.8/5.0
• Livability +3.5/5.0
• Rent growth +2.9/5.0
• Appreciation +0.0/10.0

Listing remarks

Beautifully maintained and move-in ready home located in the desirable Granada Villa community in Canyon Country. This home features a spacious and functional layout with updated flooring throughout, a bright living and dining area, and a well-kept kitchen with ample cabinetry and natural light. The property offers multiple generously sized bedrooms, updated bathrooms, and a dedicated laundry area for added convenience. Interior spaces are clean, well cared for, and ideal for comfortable everyday living. Recent upgrades include a brand new AC unit and water heater, providing added comfort and peace of mind for the new owner. Exterior features include covered parking and a convenient locatio

Key facts

• Move-in ready
• Brand new ac unit
• Updated flooring

Tags

• MOVE-IN READY
• UPDATED FLOORING
• WELL-KEPT KITCHEN
• DEDICATED LAUNDRY AREA
• BRAND NEW AC UNIT
• BRAND NEW WATER HEATER

Property features AI

Finance

• Other: Access via city streets on paved roads; Park directions available
• Financial info: Land lease (monthly amount applies)
• HOA & community: Granada Villa park; Street lighting; Park; Manager approval required; Pets allowed

Exterior

• Parking: Assigned parking; Driveway; Designated parking space; Attached carport
• Utilities: Standard electric; Electricity connected; Water available and connected; Public sewer; Sewer available; Natural gas available
• Home design: Single-story mobile home; Entry at front; One level; Mobile model 133D; Mobile home remains on site
• Construction: Drywall walls; See remarks for foundation details; 12 ft wide by 44 ft long mobile unit; Year built per public records
• Exterior features: Patio (see remarks); Association pool

Interior

• Kitchen: Electric oven; Water heater unit
• Bedrooms: Bedrooms located on the ground floor
• Flooring: Wood flooring; Laminate flooring
• Bathrooms: 2 full bathrooms; Remodeled bathrooms; Shower(s)
• Heating & cooling: Central heating (furnace); Central cooling
• Interior features: Open floor plan; Sliding glass door(s); All bedrooms on one level; Converted bedroom
• Laundry & utility: Washer hookup; Gas dryer hookup; Gas and electric dryer hookup; Has laundry

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $159k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $159k).
• Recommended offer: $145k (9.0% below list) — sets the bar for market timing.
• Cap rate 16.0% vs local median 2.8% in Santa Clarita — 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 70/100 on livability (#229 in CA) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A, crime A-; Watch: amenities D+, cost of living F, health & safety F.
• William S. Hart Union High (suburban): math 52% / reading 72% proficiency, ranked #155 of 1,400 in CA (top 11%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 18% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising (+1.7%/yr); 106 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals leasing fast (median 1d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 + 1.7% rent growth), your $44k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 93 days — a 9% lower offer ($145k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $144,599 (9.0% below list)

Questions for the listing agent

1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% 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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.77% ✓
• Cap rate: 16.05%
• Cash-on-cash: 34.83%
• DSCR: 2.55
• GRM: 4.7

CMA / ARV

• ARV (on-the-fly): $176,352
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18540 Soledad Canyon Rd #38	0.00mi	2/2.0	1,040 (-2%)	2mo	$98,999	$95	96
18540 Soledad Canyon Rd #122	0.00mi	3/2.0 (+1)	1,056 (0%)	4mo	$110,000	$104	92
18540 Soledad Canyon Rd #69	0.00mi	2/2.0	960 (-9%)	8mo	$145,000	$151	78
27361 Sierra Hwy #19	0.38mi	2/2.0	1,056 (0%)	5mo	$196,000	$186	78
18540 Soledad Canyon Rd #21	0.00mi	3/2.0 (+1)	1,144 (+8%)	15mo	$105,000	$92	69
27361 Sierra Hwy #113	0.38mi	2/2.0	1,056 (0%)	20mo	$205,000	$194	65
18035 Soledad Canyon Rd #38	0.63mi	2/2.0	1,040 (-2%)	7mo	$150,000	$144	62
18323 Soledad Canyon Rd #5	0.38mi	2/2.0	960 (-9%)	9mo	$155,000	$161	60
27361 Sierra Hwy #1	0.38mi	3/2.0 (+1)	1,160 (+10%)	3mo	$238,000	$205	58
18145 Soledad Canyon Rd #15	0.54mi	3/2.0 (+1)	960 (-9%)	0mo	$250,000	$260	55
18035 Soledad Canyon Rd #70	0.63mi	3/2.0 (+1)	1,056 (0%)	15mo	$176,000	$167	53
18035 Soledad Canyon Rd #81	0.63mi	2/2.0	900 (-15%)	13mo	$203,900	$227	35

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 · 1.7% rent growth · sell at horizon

5-year hold

• IRR: 28.9%
• Equity multiple: 2.19×
• Total profit: $52,813
• Equity at exit: $23,693

10-year hold

• IRR: 35.6%
• Equity multiple: 4.08×
• Total profit: $137,140
• Equity at exit: $13,739

Cash invested: $44,492 (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 91351

• Rents YoY: 1.7%
• Active inventory: 106
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $2,813 high
• Mortgage (P&I): −$833
• Tax from tax record: −$31 /mo · $371/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$591
• Net cashflow: $1,291

Break-even live

Break-even rent $1,178

Max offer price $158,900

Occupancy floor 49%

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: $39,725
• Closing costs: $4,767
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
27520 Sierra Hwy Canyon Country, CA	1.0–3.0	1.0–2.0	965	$2,502	$2.59	1d	1	0.15mi
18804 Mandan St #807 Canyon Country, CA	2.0	2.0	860	$2,600	$3.02	1d	1	0.32mi
Jakes Way Santa Clarita, CA	1.0–2.0	1.0–2.0	830	$2,640	$3.18	1d	20	0.41mi
18005 Annes Cir Canyon Country, CA	1.0–3.0	1.0–2.5	979	$2,954	$3.02	1d	10	0.45mi
18209 Sierra Hwy #17 Canyon Country, CA	2.0	2.0	795	$2,500	$3.14	10d	1	0.48mi
18209 Sierra Hwy #40 Canyon Country, CA	2.0	2.0	795	$2,350	$2.96	1d	1	0.48mi
27940 Solamint Rd Canyon Country, CA	1.0–2.0	1.0–2.0	859	$3,974	$4.62	1d	5	0.49mi
27070 Hidaway Ave #4 Canyon Country, CA	2.0	1.5	1078	$3,200	$2.97	2d	1	0.57mi
18008 Saratoga Way #513 Canyon Country, CA	1.0	1.0	934	$1,050	$1.12	1d	1	0.59mi
27303 Sara St Canyon Country, CA	1.0–3.0	1.0–2.0	838	$2,402	$2.86	1d	6	0.60mi
18028 Saratoga Way #557 Canyon Country, CA	2.0	2.0	843	$2,900	$3.44	1d	1	0.60mi
18211 Flynn Dr #144 Canyon Country, CA	2.0	2.0	1085	$2,700	$2.49	1d	1	0.63mi
27105 Silver Oak Ln Canyon Country, CA	1.0–3.0	1.0–2.0	1021	$3,070	$3.01	1d	25	0.64mi
18135 Erik Ct Canyon Country, CA	3.0	2.0	1155	$3,200	$2.77	1d	1	0.64mi
18046 Beneda Ln Unit B203 Santa Clarita, CA	1.0	1.0	756	$1,900	$2.51	10d	1	0.65mi
27944 Tyler Ln #448 Canyon Country, CA	2.0	2.0	848	$2,295	$2.71	1d	1	0.65mi
17954 River Cir Canyon Country, CA	3.0	3.0	1225	$2,995	$2.44	1d	1	0.67mi
27077 Hidaway Ave Canyon Country, CA	2.0	1.0	960	$2,400	$2.50	1d	1	0.68mi
28015 Sarabande Ln Santa Clarita, CA	2.0	2.0	885	$2,850	$3.22	1d	1	0.72mi
19028 Drycliff St Unit C Canyon Country, CA	3.0	1.5	982	$3,600	$3.67	2d	1	0.74mi
17621 Pauline Ct Canyon Country, CA	2.0–3.0	2.5	1200	$2,539	$2.12	1d	8	0.86mi
26827 Circle of the Oaks Newhall, CA	2.0	2.0	1254	$2,550	$2.03	10d	1	0.87mi
17947 Lost Canyon Rd Canyon Country, CA	2.0	2.0	1022	$2,795	$2.73	16d	1	0.89mi
27301 Whites Canyon Rd Canyon Country, CA	2.0	2.0	900	$1,995	$2.22	17d	2	0.89mi
17991 Lost Canyon Rd Canyon Country, CA	3.0	2.0	1280	$3,225	$2.52	15d	1	0.95mi
18742 Vista Del Canon Santa Clarita, CA	3.0	2.0	1132	$2,800	$2.47	1d	1	0.97mi
17740 Scherzinger Ln Canyon Country, CA	2.0	2.0	825	$2,150	$2.61	1d	2	1.07mi
17350 Humphreys Pkwy Canyon Country, CA	1.0–3.0	1.0–2.0	1009	$3,248	$3.22	1d	65	1.09mi
26752 Winsome Cir Newhall, CA	2.0	2.0	1120	$2,950	$2.63	1d	1	1.11mi
28136 Bakerton Ave Canyon Country, CA	3.0	2.0	1400	$3,800	$2.71	7d	1	1.24mi
28085 Whites Canyon Rd Canyon Country, CA	1.0–2.0	1.0–2.0	714	$2,100	$2.94	1d	7	1.26mi
17581 Scherzinger Ln Canyon Country, CA	2.0	1.0	800	$2,380	$2.98	3d	1	1.37mi
19300 Maybrook LN Santa Clarita, CA	1.0–3.0	1.0–2.0	1017	$3,222	$3.17	1d	61	1.46mi

Listing history 15 events

1. 2026-06-18
   days on market $158,900 Active 93 DOM
2. 2026-06-17
   days on market $158,900 Active 92 DOM
3. 2026-06-16
   days on market $158,900 Active 91 DOM
4. 2026-06-15
   days on market $158,900 Active 90 DOM
5. 2026-06-13
   days on market $158,900 Active 88 DOM
6. 2026-06-13
   days on market $158,900 Active 87 DOM
7. 2026-06-09
   days on market $158,900 Active 84 DOM
8. 2026-06-08
   days on market $158,900 Active 83 DOM
9. 2026-06-07
   pricedays on market $158,900 Active 82 DOM
10. 2026-06-04
    days on market $168,900 Active 79 DOM
11. 2026-06-03
    days on market $168,900 Active 78 DOM
12. 2026-06-02
    days on market $168,900 Active 77 DOM
13. 2026-06-01
    days on market $168,900 Active 76 DOM
14. 2026-05-31
    days on market $168,900 Active 75 DOM
15. 2026-03-17
    listed $168,900 Active

ⓘ 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: $371 · $31/mo
• Projected year-2 tax: $1,208 · $101/mo
• Expected delta: +$836/yr (+$70/mo · 225.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (shaded) · 33% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 7/10 Severe 7 d/yr ≥98°F today · 20 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 6/10 Major 9 unhealthy d/yr today · 13 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,751
• − Mortgage interest: −$8,901
• − Property taxes: −$371
• − Insurance: −$794
• − Repairs & maintenance: −$2,700
• − Management: −$2,700
• − Depreciation: −$4,623
• Taxable income: $13,661
• Est. tax owed @ 24.0%: −$3,279
• After-tax cash flow: $12,219/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 75/100 Cosmetic rehab

This move-in ready manufactured home in Granada Villa offers a good condition with recent upgrades and a good curb appeal. Minor touch-ups and landscaping improvements would further enhance its value.

Value-add opportunities

• Resale paint exterior — enhances curb appeal
• Rental replace window screens — improves comfort and energy efficiency
• Both landscaping — enhances curb appeal and adds value

Renovation cost estimate screening

Value-add ROI direction

• Resale paint exterior — enhances curb appeal ↑
• Rental replace window screens — improves comfort and energy efficiency ↑
• Both landscaping — enhances curb appeal and adds 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: William S. Hart Union High
• NCES district ID: 0642510
• Math proficiency: 52% ▬ 0.00%
• Reading proficiency: 72% ▲ 1.00%
• Median HH income: $95,844
• Composite: 58.6/100
• National rank: #2030
• State rank: #155 of 1400 in CA

Livability — Santa Clarita

• Score: 70/100
• State rank: #229
• US rank: #7378

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Santa Clarita, CA
• County: Los Angeles County · 9,444,647 people
• City population: 219,066
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 33,155
• Household income: $115,364
• Rent vs Own: 27.3% rent · 72.7% own
• Severe rent burden: 784.0

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 0.64)
• Race & ethnicity: Hispanic / Latino 49% White 34% Two or more races 21% Asian 6% Black 4% Native American 1%
• Hispanic origin (detail): Mexican 36%
• Common ancestry: Romanian 1% Lithuanian 1% Scotch-Irish 1%
• Foreign-born: 23% · Canada, Jamaica, South Korea
• Languages at home: 54% English-only · Spanish 35% Other Indo-European 3% 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: ▼ -703.16%
• Current HPI: 360.9901
• Rent YoY: ▲ 1.70%
• 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

1 event — show timeline

• 2026-03-17 Listed $168,900 CRMLS

Property tax history

+5.9%/yr

Latest (2025): $371 · +5.9% YoY. Source: county tax records.