15252 Seneca Rd #275 · Victorville, CA 92392

$134,499

2 bd · 2.0 ba · 1,440 sqft · Manufactured public records · 92 Days on market

Built 1981 Est $156k · 14% under $700/mo HOA · 32% of rent

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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 +22.9/30.0
• ARV discount +13.6/15.0
• 1% rule +10.0/10.0
• DSCR +7.3/10.0
• Rent growth +2.9/5.0
• Livability +2.7/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome Nice double wide with detached one-car garage. Next to overflow parking for extra parking. This desirable corner-lot home offers one of the most spacious locations in the park with the convenience of the closest visitor parking nearby. Inside, you'll find 2 comfortable bedrooms, a versatile bonus office area perfect for working from home, and 2 restrooms. The property also features a separate garage for added storage or parking. Enjoy extra outdoor space, privacy, and a prime location within the community. A rare opportunity combining space, functionality, and convenience--don't miss your chance to make this home yours!

Key facts

• Extra outdoor space
• Corner-lot home
• Prime location

Tags

• DETACHED GARAGE
• CORNER-LOT HOME
• BONUS OFFICE AREA
• EXTRA OUTDOOR SPACE
• PRIME LOCATION

Property features AI

Finance

• Other: Property listed in Victorville, CA
• HOA & community: Community clubhouse; Community pool; Homeowner dues: $700; Pet rules: contact association

Exterior

• Parking: Converted 1-car garage; 1 covered parking space (1 total parking space)
• Home design: Single-story residential mobile home
• Exterior features: Association pool

Interior

• Kitchen: Range/Oven
• Flooring: Laminate floors
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heat; A/C
• Interior features: Breakfast area; Laminate floors; Range/Oven
• Laundry & utility: Laundry area

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $134k.

Deal economics

• At list price, monthly cash flow is $236 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $134k).
• Recommended offer: $122k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 4.2% in Victorville — 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 54/100 on livability (#906 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: employment D+, schools D-, crime F.
• Victor Elementary (urban): math 25% / reading 25% proficiency, ranked #408 of 517 in CA (top 79%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.7%/yr); 369 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $930 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• San Bernardino County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 92 days — a 9% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $40k; list at $134k implies a 236% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 32% of rent.
• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $122,394 (9.0% below list)

Questions for the listing agent

1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.62% ✓
• Cap rate: 8.40%
• Cash-on-cash: 7.51%
• DSCR: 1.33
• GRM: 5.1

CMA / ARV

• ARV (on-the-fly): $155,520
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15252 Seneca Rd #298	0.00mi	2/2.0	1,440 (0%)	9mo	$125,000	$87	92
15252 Seneca Rd #311	0.00mi	3/2.0 (+1)	1,440 (0%)	8mo	$145,000	$101	89
15252 Seneca Rd #343	0.00mi	2/2.0	1,344 (-7%)	5mo	$145,000	$108	85
15252 Seneca Rd #284	0.00mi	3/2.0 (+1)	1,440 (0%)	16mo	$115,000	$80	82
15252 Seneca Rd #334	0.17mi	3/2.0 (+1)	1,456 (+1%)	8mo	$200,000	$137	78
15252 Seneca Rd #215	0.00mi	2/2.0	1,536 (+7%)	13mo	$177,500	$116	78
15252 Seneca Rd #317	0.00mi	3/2.0 (+1)	1,344 (-7%)	8mo	$100,000	$74	77
15252 Seneca Rd #236	0.08mi	3/2.0 (+1)	1,440 (0%)	20mo	$135,000	$94	75
15252 Seneca Rd #178	0.17mi	3/2.0 (+1)	1,344 (-7%)	6mo	$169,400	$126	71
15252 Seneca Rd #221	0.00mi	3/2.0 (+1)	1,248 (-13%)	4mo	$175,000	$140	69
15252 Seneca Rd #270	0.00mi	2/2.0	1,232 (-14%)	11mo	$145,000	$118	67
15252 Seneca Rd #28	0.00mi	2/3.0	1,248 (-13%)	17mo	$130,000	$104	59

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 · 1.69% rent growth · sell at horizon

5-year hold

• IRR: -6.7%
• Equity multiple: 0.75×
• Total profit: $-9,242
• Equity at exit: $20,054

10-year hold

• IRR: 0.6%
• Equity multiple: 1.04×
• Total profit: $1,474
• Equity at exit: $11,629

Cash invested: $37,660 (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 92392

• Home prices YoY: -9.0%
• Rents YoY: 1.7%
• Active inventory: 369
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $2,179 high
• Mortgage (P&I): −$705
• Tax from tax record: −$24 /mo · $293/yr
• Insurance: −$56
• HOA: −$700
• Vacancy / Maint / Mgmt: −$458
• Net cashflow: $236

Break-even live

Break-even rent $1,881

Max offer price $134,499

Occupancy floor 84%

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: $33,625
• Closing costs: $4,035
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15230 Seneca Rd Victorville, CA	1.0–3.0	1.0–2.0	805	$1,850	$2.30	1d	12	0.14mi
14374 Borego Rd Victorville, CA	1.0–2.0	1.0–2.0	842	$2,080	$2.47	1d	12	0.21mi
14344 Mcart Rd Victorville, CA	2.0–3.0	2.0	1042	$1,899	$1.82	1d	5	0.35mi
15191 Wildrose St Victorville, CA	3.0	2.0	1500	$2,400	$1.60	10d	1	0.49mi
14861 Ann Dr Victorville, CA	3.0	3.0	1657	$2,395	$1.45	1d	1	0.59mi
14440 Stivers Rd Victorville, CA	3.0	2.0	994	$1,950	$1.96	10d	1	0.80mi
14485 Seneca Rd Victorville, CA	2.0–3.0	2.0	1123	$2,345	$2.09	1d	6	0.82mi
14450 El Evado Rd Victorville, CA	2.0–3.0	1.0–2.0	895	$1,615	$1.80	1d	3	0.90mi
14610 Green River Rd Victorville, CA	3.0	2.5	1493	$2,595	$1.74	1d	1	0.92mi
14257 Sage St Victorville, CA	3.0	3.0	1319	$2,500	$1.90	1d	1	1.06mi
14304 Gray Fox Ln Victorville, CA	3.0	2.5	1795	$2,600	$1.45	14d	1	1.07mi
15112 Brown Ln Victorville, CA	3.0	2.0	1400	$850	$0.61	1d	1	1.24mi
14979 Buckskin Rd Victorville, CA	3.0	2.0	1277	$2,250	$1.76	1d	1	1.24mi
13925 Burning Tree Dr Victorville, CA	3.0	2.0	1440	$2,250	$1.56	1d	1	1.28mi
14299 La Paz Dr Unit 3A Victorville, CA	2.0	1.5	880	$1,495	$1.70	1d	1	1.35mi
13632 Nassau Dr Victorville, CA	3.0	2.0	1298	$1,990	$1.53	1d	1	1.41mi

HOA detail

• Monthly dues: $700 · $8,400/yr

Listing history 22 events

1. 2026-06-18
   days on market $134,499 Active 92 DOM
2. 2026-06-17
   days on market $134,499 Active 91 DOM
3. 2026-06-16
   days on market $134,499 Active 90 DOM
4. 2026-06-16
   remarks 699-char remark
5. 2026-06-16
   price $134,499 Active 89 DOM
6. 2026-06-15
   days on market $134,999 Active 89 DOM
7. 2026-06-13
   days on market $134,999 Active 87 DOM
8. 2026-06-13
   days on market $134,999 Active 86 DOM
9. 2026-06-09
   days on market $134,999 Active 83 DOM
10. 2026-06-08
    days on market $134,999 Active 82 DOM
11. 2026-06-07
    days on market $134,999 Active 81 DOM
12. 2026-06-04
    days on market $134,999 Active 78 DOM
13. 2026-06-03
    days on market $134,999 Active 77 DOM
14. 2026-06-02
    days on market $134,999 Active 76 DOM
15. 2026-06-01
    days on market $134,999 Active 75 DOM
16. 2026-05-31
    days on market $134,999 Active 74 DOM
17. 2026-03-18
    listed $134,999 Active
18. 2026-03-13
    listed $134,999 Active 635-char remark

    Show marketing remark (635 chars)

    Welcome Nice double wide with detached one-car garage. Next to overflow parking for extra parking. This desirable corner-lot home offers one of the most spacious locations in the park with the convenience of the closest visitor parking nearby. Inside, you'll find 2 comfortable bedrooms, a versatile bonus office area perfect for working from home, and 2 restrooms. The property also features a separate garage for added storage or parking. Enjoy extra outdoor space, privacy, and a prime location within the community. A rare opportunity combining space, functionality, and convenience--don't miss your chance to make this home yours!

19. 2020-10-16
    soldstatus $40,000 284-char remark

    Show marketing remark (284 chars)

    Adorable 2 bed 2 bath mobile home in quiet park. Laminate flooring, wood burning fire place in living room, formal dining room , includes washer, dryer and refrigerator. Recently replaced roof and heating and air conditioner. Fully fenced complete with a garage . Financing available!

20. 2020-02-18
    listed $59,500 284-char remark

    Show marketing remark (284 chars)

    Adorable 2 bed 2 bath mobile home in quiet park. Laminate flooring, wood burning fire place in living room, formal dining room , includes washer, dryer and refrigerator. Recently replaced roof and heating and air conditioner. Fully fenced complete with a garage . Financing available!

21. 2010-12-10
    soldstatus $27,000
22. 2002-09-11
    soldstatus $33,000

ⓘ 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: $293 · $24/mo
• Projected year-2 tax: $1,022 · $85/mo
• Expected delta: +$729/yr (+$61/mo · 249.2%)

ⓘ 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 6/10 Major
• 💨 Wind 1/10 Low
• 🫁 Air quality 9/10 Extreme 22 unhealthy d/yr today · 28 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,149
• − Mortgage interest: −$7,534
• − Property taxes: −$293
• − Insurance: −$672
• − Repairs & maintenance: −$2,092
• − Management: −$2,092
• − HOA: −$8,400
• − Depreciation: −$3,913
• Taxable income: $1,153
• Est. tax owed @ 24.0%: −$277
• After-tax cash flow: $2,552/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: Victor Elementary
• NCES district ID: 0641040
• Math proficiency: 25% ▬ 0.00%
• Reading proficiency: 25% ▼ -9.00%
• Median HH income: $44,949
• Composite: 21.58/100
• National rank: #8304
• State rank: #408 of 517 in CA

Livability — Victorville

• Score: 54/100
• State rank: #906
• US rank: #24038

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Victorville, CA
• County: San Bernardino County · 2,030,291 people
• City population: 154,418
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 65,429
• Household income: $87,681
• Rent vs Own: 29.0% rent · 71.0% own
• Severe rent burden: 1879.0

Population outlook (San Bernardino County) Hauer SSP2

• Today (2025): 2,300,329 people
• By 2030: 2,378,907 · +3.4%
• By 2040: 2,523,137 · +9.7%
• By 2050: 2,642,388 · +14.9%
• By 2075: 2,880,769 · +25.2%
• By 2100: 2,909,436 · +26.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Hispanic / Latino 55% Two or more races 24% White 22% Black 14% Asian 4% Native American 2%
• Hispanic origin (detail): Mexican 47%
• Common ancestry: Portuguese 1% Romanian 1%
• Foreign-born: 20% · Canada, China, Vietnam
• Languages at home: 57% English-only · Spanish 38% Tagalog/Filipino 2% Other Indo-European 1%

Political lean MEDSL · San Bernardino

• 2024 margin: Toss-up / Even · D 47.5% · R 49.7% · Other 2.8%
• 2008→2024 swing: -8.5pp toward R · 2008: 6.3pp · 2024: -2.1pp
• All cycles: 2024: R+2.1 2020: D+10.7 2016: D+9.8 2012: D+5.4 2008: D+6.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -35.57%
• Current HPI: 358.5152
• Rent YoY: ▲ 1.69%
• Metro: Riverside-San Bernardino-Ontario, 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

+309.1% since first listed

6 events — show timeline

• 2026-03-18 Listed $134,999 TheMLS
• 2026-03-13 Listed $134,999 AVMLS
• 2020-10-16 Sold (MLS) $40,000 CRMLS
• 2020-02-18 Listed $59,500 CRMLS
• 2010-12-10 Sold (MLS) $27,000 CRMLS
• 2002-09-11 Sold (MLS) $33,000 CRMLS

Property tax history

+1.6%/yr

Latest (2025): $293 · +5.1% YoY. Source: county tax records.