995 Pomona Rd #41 · Corona, CA 92882

$148,888

2 bd · 2.0 ba · 1,536 sqft · Manufactured public records · 385 Days on market

Manufactured home Built 1973 Good condition $97/sqft · 13% below area Est $171k · 13% 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 +13.3/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +5.1/10.0
• Condition / age +3.8/5.0
• Livability +3.2/5.0
• Rent growth +2.9/5.0
• Appreciation +2.5/10.0
• Manufactured-home adj. -6.5

Listing remarks MLS

Look no further! This is a spacious 4 bedrooms 2 full bathrooms double mobile home conveniently located off the 91 freeway and Lincoln St in Corona, CA. The recently upgraded home features include granite countertops in kitchen and both full bathrooms sinks. Updated paint in both, the interior and the exterior walls. This mobile home also features updated flooring in all 3 bedrooms, kitchen and dining rooms. The master bedroom has a huge walk-in closet with upgraded sink and shower. The large kitchen is accessible from the dining room and living room. The laundry room is equipped with washing machine and gas dryer. You may park up to 3 vehicles off to the right side of this mobile home and it also has got access to one of the 2 storage units (each located on each side of the home). All newer double-pane windows throughout the home preserve the cool atmosphere. It is equipped with newer Central A/C unit and vents. The main home entrance has a storage unit in the back as well as ample room for a patio set for family gatherings. The Corona West Mobile Home Park includes access to a Recreational Hall, playground and sparking pool. This great mobile home park has easy freeway access and conveniently located near both, 91 and 15 freeways with easy access to Restaurants, Stores and shopping malls.

Key facts

• 3 garage spots
• Community pool
• Built 1973

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $149k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $888 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $149k).
• Recommended offer: $131k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.4% vs local median 2.8% in Corona — 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 63/100 on livability (#461 in CA) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A-; Watch: commute C-, health & safety D, amenities F.
• Corona-Norco Unified (suburban): math 46% / reading 61% proficiency, ranked #312 of 1,400 in CA (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Parkridge Elementary (658 students, 96% FRL); Auburndale Intermediate (592 students, 88% FRL); Corona High (2,251 students, 86% FRL) — zoned schools average 90% FRL vs 35% district-wide (55 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.4%/yr); 157 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals lingering (median 38d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 9,195 units permitted in Riverside County in 2024 (1,512 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 $4k of value loss. Plan a longer hold.
• Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 1.4% rent growth), your $42k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 385 days — a 12% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 20y ago; this cycle's ask has dropped $41k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,021 (12.0% below list)

Questions for the listing agent

1. It's been on market 385 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.63% ✓
• Cap rate: 13.45%
• Cash-on-cash: 25.55%
• DSCR: 2.14
• GRM: 5.1

CMA / ARV

• ARV (median comp): $171,070
• List price: $148,888
• Delta: -12.97%
• Verdict: UNDERPRICED
• Comps: 8 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1462 Rainbrook Way	1.10mi	2/2.0	1,560 (+2%)	1mo	$355,000	$228	62
1366 Woodbrook Way	0.98mi	3/2.0 (+1)	1,566 (+2%)	1mo	$496,500	$317	56
1327 Woodbrook	0.95mi	2/2.0	1,440 (-6%)	2mo	$355,000	$247	53
307 S Smith Ave #67	0.82mi	2/2.0	1,440 (-6%)	3mo	$175,000	$122	52
307 S Smith Ave #5	0.82mi	2/2.0	1,440 (-6%)	4mo	$170,000	$118	52
1383 Thornwood	1.09mi	2/2.0	1,440 (-6%)	5mo	$350,000	$243	50
1420 Glengrove	1.02mi	3/2.0 (+1)	1,440 (-6%)	7mo	$290,000	$201	44
1387 Thornwood	1.09mi	2/2.0	1,248 (-19%)	5mo	$262,500	$210	36
1476 RIDGEMONT Way	1.00mi	3/2.0 (+1)	1,320 (-14%)	1mo	$494,000	$374	36
307 S Smith #15	0.82mi	2/2.0	1,800 (+17%)	6mo	$169,000	$94	35
901 Norwich Way	0.91mi	3/2.0 (+1)	1,344 (-12%)	6mo	$455,000	$339	34
991 NORWICH Way	0.97mi	3/2.0 (+1)	1,320 (-14%)	4mo	$475,500	$360	33

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 · 1.45% rent growth · sell at horizon

5-year hold

• IRR: 17.4%
• Equity multiple: 1.69×
• Total profit: $28,727
• Equity at exit: $22,200

10-year hold

• IRR: 24.8%
• Equity multiple: 2.99×
• Total profit: $83,151
• Equity at exit: $12,873

Cash invested: $41,689 (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 →

Seller's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 2 active · 5 under contract
• Months of supply: 2.0 mo (50%/mo absorbed)
• Median asking: $152,500 ($124/sqft)
• Median days on market: 146 d
• This list price: 50% of active listings are priced below it
• ARV vs active asking: -10.4% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 92882

• Rents YoY: 1.4%
• Active inventory: 157
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $2,426 high
• Mortgage (P&I): −$781
• Tax est. 1.5%: −$186 /mo · $2,233/yr
• Insurance: −$62
• HOA: −$0
• Lot rent leased land?: −$0
• Vacancy / Maint / Mgmt: −$510
• Net cashflow: $888

Break-even live

Break-even rent $1,302

Max offer price $148,888

Occupancy floor 58%

Sensitivity live

Price	-10% $991	-5% $939	+0% $888	+5% $836	+10% $785
Rent	-10% $696	-5% $792	+0% $888	+5% $984	+10% $1,079
Rate	-1.0pp $963	-0.5pp $926	base $888	+0.5pp $849	+1.0pp $810

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: $37,222
• Closing costs: $4,467
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
111 W Harrison St Corona, CA	1.0–2.0	1.0–2.0	900	$2,840	$3.16	7d	9	0.69mi
418 N Main St Corona, CA	1.0–2.0	1.0–2.0	910	$2,910	$3.20	7d	12	0.71mi
211 W Rincon St Corona, CA	1.0–2.0	1.0–2.0	948	$3,005	$3.17	9d	20	0.74mi
646 Savi Dr #102 Corona, CA	3.0	3.5	1542	$3,200	$2.08	73d	1	0.74mi
646 Savi Dr #103 Corona, CA	3.0	2.5	1613	$3,250	$2.01	73d	1	0.74mi
763 Savi Dr Corona, CA	3.0	2.5	1675	$3,500	$2.09	73d	1	0.75mi
937 Savi Dr Corona, CA	3.0	3.5	1542	$3,200	$2.08	73d	1	0.78mi
1017 Savi Dr Corona, CA	1.0	2.0	1613	$1,200	$0.74	93d	1	0.79mi
1017 Savi Dr #105 Corona, CA	1.0	1.5	1613	$2,350	$1.46	69d	1	0.79mi
805 Pathfinder Way Corona, CA	3.0	2.5	1475	$3,100	$2.10	38d	1	0.81mi
604 W 10th St Unit 1 Corona, CA	3.0	2.0	1450	$2,595	$1.79	66d	1	0.82mi
461 River Rd Unit 461-C Corona, CA	2.0	1.5	1072	$2,100	$1.96	9d	1	0.88mi
461 River Rd Unit 473-B Corona, CA	2.0	1.5	1072	$2,100	$1.96	66d	1	0.88mi
864 Bramble Ln Corona, CA	3.0	2.5	1769	$3,350	$1.89	26d	1	0.91mi
928 N Vicentia Ave Unit C Corona, CA	2.0	1.5	1050	$2,100	$2.00	54d	1	0.98mi
930 Primrose Ln Corona, CA	3.0	2.5	1357	$3,450	$2.54	43d	1	1.00mi
1617 Toyon Pl Corona, CA	3.0	2.0	1497	$3,295	$2.20	18d	1	1.25mi
929 E Grand Blvd Corona, CA	2.0	1.5	1425	$2,800	$1.96	52d	1	1.31mi
1704 Lorraine Dr Unit 2 Corona, CA	3.0	2.0	1176	$3,599	$3.06	93d	1	1.31mi
1705 Lorraine Ave Corona, CA	3.0	2.0	1429	$4,349	$3.04	93d	1	1.32mi
719 Circle City Dr Unit B Corona, CA	3.0	2.0	1200	$2,900	$2.42	30d	1	1.32mi
1704 Taylor Ave Corona, CA	3.0	2.0	1429	$4,679	$3.27	21d	1	1.32mi
1734 Lorraine Dr Unit 2 Corona, CA	3.0	2.0	1176	$3,529	$3.00	7d	1	1.33mi
1735 Lorraine Dr Unit 2 Corona, CA	3.0	2.0	1176	$3,759	$3.20	10d	1	1.35mi
680 Susanne St Unit 2 Corona, CA	3.0	2.0	1176	$3,529	$3.00	10d	1	1.36mi
662 Susanne St Unit 2 Corona, CA	3.0	2.0	1176	$3,589	$3.05	31d	1	1.37mi
639 W Citron St Corona, CA	3.0	2.0	1429	$4,099	$2.87	93d	1	1.38mi
629 Citron St Unit 2 Corona, CA	3.0	2.0	1176	$3,639	$3.09	73d	1	1.39mi
611 Citron St Unit 2 Corona, CA	3.0	2.0	1176	$3,649	$3.10	10d	1	1.39mi
1088 Peaceful Dr Corona, CA	3.0	2.0	1100	$3,000	$2.73	26d	1	1.41mi
102 E Crestview St Corona, CA	3.0	2.0	1481	$3,500	$2.36	9d	1	1.45mi
1700 Via Pacifica Corona, CA	3.0	1.0–2.0	900	$2,817	$3.13	7d	20	1.47mi
1428 Camelot Dr Corona, CA	3.0	1.5	1495	$2,800	$1.87	67d	1	1.49mi

Listing history 50 events

1. 2026-08-08
   days on market $148,888 Active 385 DOM
2. 2026-08-06
   days on market $148,888 Active 383 DOM
3. 2026-08-05
   days on market $148,888 Active 382 DOM
4. 2026-08-04
   days on market $148,888 Active 381 DOM
5. 2026-08-03
   days on market $148,888 Active 380 DOM
6. 2026-07-31
   days on market $148,888 Active 377 DOM
7. 2026-07-30
   days on market $148,888 Active 376 DOM
8. 2026-07-30
   days on market $148,888 Active 375 DOM
9. 2026-07-28
   days on market $148,888 Active 374 DOM
10. 2026-07-26
    days on market $148,888 Active 372 DOM
11. 2026-07-24
    days on market $148,888 Active 370 DOM
12. 2026-07-23
    days on market $148,888 Active 369 DOM
13. 2026-07-22
    days on market $148,888 Active 368 DOM
14. 2026-07-21
    days on market $148,888 Active 367 DOM
15. 2026-07-20
    days on market $148,888 Active 366 DOM
16. 2026-07-18
    days on market $148,888 Active 364 DOM
17. 2026-07-18
    days on market $148,888 Active 363 DOM
18. 2026-07-16
    days on market $148,888 Active 362 DOM
19. 2026-07-15
    days on market $148,888 Active 361 DOM
20. 2026-07-14
    days on market $148,888 Active 360 DOM
21. 2026-07-13
    days on market $148,888 Active 359 DOM
22. 2026-07-13
    days on market $148,888 Active 358 DOM
23. 2026-07-11
    days on market $148,888 Active 357 DOM
24. 2026-07-10
    days on market $148,888 Active 356 DOM
25. 2026-07-09
    days on market $148,888 Active 355 DOM
26. 2026-07-07
    days on market $148,888 Active 353 DOM
27. 2026-07-06
    days on market $148,888 Active 352 DOM
28. 2026-07-06
    days on market $148,888 Active 351 DOM
29. 2026-07-05
    days on market $148,888 Active 350 DOM
30. 2026-07-03
    days on market $148,888 Active 349 DOM
31. 2026-07-02
    days on market $148,888 Active 348 DOM
32. 2026-07-01
    days on market $148,888 Active 347 DOM
33. 2026-06-30
    days on market $148,888 Active 346 DOM
34. 2026-06-29
    days on market $148,888 Active 345 DOM
35. 2026-06-28
    days on market $148,888 Active 344 DOM
36. 2026-06-27
    days on market $148,888 Active 343 DOM
37. 2026-06-26
    days on market $148,888 Active 342 DOM
38. 2026-06-24
    days on market $148,888 Active 340 DOM
39. 2026-06-22
    days on market $148,888 Active 338 DOM
40. 2026-06-21
    days on market $148,888 Active 337 DOM
41. 2026-06-18
    days on market $148,888 Active 334 DOM
42. 2026-06-17
    days on market $148,888 Active 333 DOM
43. 2026-06-16
    days on market $148,888 Active 332 DOM
44. 2026-06-15
    days on market $148,888 Active 331 DOM
45. 2026-06-13
    days on market $148,888 Active 329 DOM
46. 2026-06-13
    days on market $148,888 Active 328 DOM
47. 2026-06-09
    days on market $148,888 Active 325 DOM
48. 2026-06-08
    days on market $148,888 Active 324 DOM
49. 2026-06-07
    days on market $148,888 Active 323 DOM
50. 2026-06-04
    days on market $148,888 Active 320 DOM

ⓘ 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 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 7/10 Severe 6 d/yr ≥100°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 9/10 Extreme 19 unhealthy d/yr today · 23 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,115
• − Mortgage interest: −$8,340
• − Property taxes: −$2,233
• − Insurance: −$744
• − Repairs & maintenance: −$2,329
• − Management: −$2,329
• − Depreciation: −$4,331
• Taxable income: $8,807
• Est. tax owed @ 24.0%: −$2,114
• After-tax cash flow: $8,540/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 · 9 photos

Good 75/100 Cosmetic rehab Est. rehab $7,680–$23,040 screening

This mobile home is in good condition with recent updates, including granite countertops and updated flooring. It is located in a mobile home park with a good location and easy access to the 91 freeway and Lincoln St.

Deferred maintenance Est. $70,000–$210,000 screening

• Major Roof (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — No roof material or condition visible
• Major Hvac (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — No HVAC type or condition visible
• Major Windows (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — No window material or condition visible
• Major Electrical (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — No electrical panel or condition visible
• Major Plumbing (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — No plumbing fixtures or condition visible
• Major Exterior (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — No siding or condition visible
• Major Other (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — No other components visible

Value-add opportunities

• Both Paint the exterior siding — Enhances curb appeal and value ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

Zoned Schools

Elementary Parkridge Elementary Middle Auburndale Intermediate High Corona High

Schools (NCES district)

• District: Corona-Norco Unified
• NCES district ID: 0609850
• Math proficiency: 46% ▲ 1.00%
• Reading proficiency: 61% ▬ 0.00%
• Median HH income: $83,380
• Composite: 50.72/100
• National rank: #3920
• State rank: #312 of 1400 in CA

C Composite livability gradescore 63/100

Livability — Corona

• Score: 63/100
• State rank: #461
• US rank: #15787

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Corona, CA
• County: Riverside County · 2,664,475 people
• City population: 188,369
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 68,715
• Household income: $104,457
• Rent vs Own: 35.5% rent · 64.5% own
• Severe rent burden: 12% of renters

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Population outlook (Riverside County) Hauer SSP2

• Today (2025): 2,664,475 people
• By 2030: 2,802,692 · +5.2%
• By 2040: 3,050,904 · +14.5%
• By 2050: 3,256,783 · +22.2%
• By 2075: 3,655,058 · +37.2%
• By 2100: 3,766,594 · +41.4%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Hispanic / Latino 52% White 31% Two or more races 17% Asian 9% Black 4%
• Hispanic origin (detail): Mexican 44% Puerto Rican 1%
• Common ancestry: Italian 4% Romanian 1% Portuguese 1%
• Foreign-born: 24% · Canada, South Korea, China
• Languages at home: 54% English-only · Spanish 36% Other Indo-European 3% Arabic 2%

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Political lean MEDSL · Riverside

• 2024 margin: Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
• 2008→2024 swing: -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
• All cycles: 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -707.65%
• Current HPI: 367.5939
• Rent YoY: ▲ 1.45%
• Metro: Riverside-San Bernardino-Ontario, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

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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

+325.4% since first listed

20 events — show timeline

• 2026-05-05 Price Changed $148,888 CRMLS
• 2026-05-05 Relisted — CRMLS
• 2026-04-09 Listing Removed — CRMLS
• 2026-03-18 Relisted — CRMLS
• 2025-07-07 Price Changed $159,888 CRMLS
• 2025-06-23 Listed $189,888 CRMLS
• 2025-06-19 Coming Soon $189,888 CRMLS
• 2024-11-03 Listing Removed — CRMLS
• 2024-09-14 Listed $185,888 CRMLS
• 2023-10-19 Listing Removed — CRMLS
• 2023-08-03 Price Changed $188,000 CRMLS
• 2023-08-03 Relisted — CRMLS
• 2023-08-02 Price Changed $179,000 CRMLS
• 2023-06-29 Listing Removed — CRMLS
• 2023-06-29 Price Changed $183,000 CRMLS
• 2023-06-27 Relisted — CRMLS
• 2023-05-31 Listing Removed — CRMLS
• 2023-05-16 Listed $185,000 CRMLS
• 2007-04-18 Listing Removed — CRMLS
• 2006-10-24 Listed $35,000 CRMLS

Property tax history

-3.3%/yr

Latest (2025): $144 · +4.6% YoY. Source: county tax records.