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19127 Pioneer #73
B- Composite 65.6
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +7.3/10.0
  • Livability +3.4/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$221,988

19127 Pioneer #73 · Artesia, CA 90701
3 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 161 Days on market
Built 2001 $165/sqft · 19% above area Est $186k · 19% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Great opportunity to own a spacious manufactured home in a prime Artesia location bordering the Cerritos neighborhood. This well-designed home features an open floor plan with 3 bedrooms and 2 full bathrooms. Enjoy a large living room with vaulted ceilings that flows seamlessly into the dining area, along with a full kitchen offering ample cabinet space. The generously sized primary bedroom includes an oversized en-suite bathroom with both a bathtub and separate shower. Additional highlights include indoor laundry with washer and dryer hookups, central air conditioning and heating. Community amenities include a clubhouse, pool, exercise room, and guest parking. Located within the desirable ABC Unified School District and conveniently close to Cerritos Mall, shopping centers, restaurants, public transportation, and the 91 and 605 freeways. A home waiting for you.

Key facts

  • Open floor plan
  • Full kitchen
  • Large living room

Tags

OPEN FLOOR PLANLARGE LIVING ROOMFULL KITCHENOVERSIZED EN-SUITE BATHROOMINDOOR LAUNDRYCENTRAL AIR CONDITIONING

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $222k.

Deal economics

  • At list price, monthly cash flow is $2k ($20k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $222k).
  • Recommended offer: $195k (12.0% below list) — sets the bar for market timing.
  • Cap rate 15.5% vs local median 2.5% in Artesia — 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 (#311 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A, employment B+; Watch: crime F, cost of living F, health & safety F.
  • Abc Unified (suburban): math 77% / reading 90% proficiency, ranked #24 of 517 in CA (top 5%) — strong family-tenant draw, lease renewals of 3-5y typical.
  • Zoned schools: Bragg Elementary (math 64% / reading 74%, grade A-, #147 of 1,571 statewide, top 10%, 631 students, 48% FRL); Haskell (Pliny Fisk) Middle (math 75% / reading 75%, grade A, #25 of 498 statewide, top 6%, 461 students, 68% FRL); Gahr (Richard) High (1,682 students, 58% FRL) — zoned schools average 58% FRL vs 41% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 20 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals leasing fast (median 9d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $2k of loan paydown is wiped out by about $7k 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 + 3.0% rent growth), your $62k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 161 days — a 12% lower offer ($195k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 23y ago; this cycle's ask has dropped $18k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $120k; list at $222k implies a 85% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $195,349 (12.0% below list)

Questions for the listing agent

  1. It's been on market 161 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
1.72%
Cap rate
15.49%
Cash-on-cash
32.86%
DSCR
2.46
GRM
4.8

CMA / ARV

ARV (median comp)
$186,047
List price
$221,988
Delta
19.32%
Verdict
OVERPRICED
Comps
2 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
19127 Pioneer Blvd #30 0.00mi 3/2.0 1,368 (+2%) 1mo $185,000 $135 96
19127 Pioneer Blvd #27 0.00mi 3/2.0 1,344 (0%) 7mo $190,000 $141 94
19127 Pioneer #38 0.00mi 3/2.0 1,344 (0%) 17mo $215,000 $160 86
19127 Pioneer Blvd #57 0.00mi 4/2.0 (+1) 1,344 (0%) 14mo $162,400 $121 84
19127 Pioneer Blvd #40 0.00mi 3/2.0 1,456 (+8%) 20mo $220,000 $151 69
19127 Pioneer Blvd #16 0.00mi 3/2.0 1,512 (+12%) 20mo $187,000 $124 62

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
28.0%
Equity multiple
2.16×
Total profit
$72,370
Equity at exit
$33,099
10-year hold
IRR
35.4%
Equity multiple
4.25×
Total profit
$202,314
Equity at exit
$19,193

Cash invested: $62,157 (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.

ZIP-level market 90701

Active inventory
20
Price-to-rent
4.8×

Monthly cashflow live

Estimated rent
$3,820 high interval (Pro) →
Mortgage (P&I)
$1,164
Tax from tax record
$59 /mo · $709/yr
Insurance
$92
HOA
$0
Vacancy / Maint / Mgmt
$802
Net cashflow
$1,702

Break-even live

Break-even rent $1,665
Max offer price $221,988
Occupancy floor 50%

Sensitivity live

Price -10% $1,828 -5% $1,765 +0% $1,702 +5% $1,639 +10% $1,577
Rent -10% $1,400 -5% $1,551 +0% $1,702 +5% $1,853 +10% $2,004
Rate -1.0pp $1,814 -0.5pp $1,759 base $1,702 +0.5pp $1,645 +1.0pp $1,586

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
$55,497
Closing costs
$6,660
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 31 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
18811 S Prado Ct Cerritos, CA 4.0 3.5 1849 $4,300 $2.33 18d 1 0.31mi
11821 E Solana Pl Cerritos, CA 3.0 2.5 1849 $4,350 $2.35 26d 1 0.32mi
11450 186th St Artesia, CA 3.0 2.5 1617 $4,000 $2.47 0d 1 0.52mi
11884 Bertha St Cerritos, CA 4.0 2.0 1574 $4,500 $2.86 26d 1 0.52mi
11421 186th St Artesia, CA 1.0–2.0 1.0–1.5 776 $2,865 $3.69 0d 1 0.58mi
18011 Jersey Ave Unit 18011 Artesia, CA 2.0 1.5 1000 $2,800 $2.80 8d 1 0.77mi
11839 205th St Lakewood, CA 3.0 1.0 1060 $4,500 $4.25 9d 1 0.84mi
11839 205th St Lakewood, CA 3.0 1.0 1000 $4,500 $4.50 45d 1 0.84mi
18113 Elaine Ave Artesia, CA 3.0 2.0 1530 $4,200 $2.75 0d 1 0.85mi
17888 Alburtis Ave Artesia, CA 1.0–3.0 1.0–3.0 805 $2,800 $3.48 15d 2 0.85mi
11733 207th St Lakewood, CA 3.0 2.5 1200 $3,350 $2.79 45d 1 0.93mi
17923 Horst Ave Artesia, CA 4.0 2.0 1615 $4,450 $2.76 4d 1 0.98mi
11624 208th St Lakewood, CA 3.0 2.0 961 $3,195 $3.32 45d 1 1.02mi
20726 Seine Ave Lakewood, CA 3.0 2.0 1354 $3,400 $2.51 22d 1 1.07mi
20810 Arline Ave Apt 14 Lakewood, CA 2.0 1.5 896 $2,495 $2.78 45d 1 1.08mi
17508 Jersey Ave Artesia, CA 3.0 2.0 1440 $3,600 $2.50 9d 1 1.09mi
11754 Walcroft St Lakewood, CA 3.0 2.0 1050 $3,200 $3.05 45d 1 1.09mi
12022 207th St Lakewood, CA 3.0 2.0 1088 $3,950 $3.63 9d 1 1.10mi
12022 207th St Lakewood, CA 3.0 2.0 1088 $3,950 $3.63 26d 1 1.10mi
11901 176th St Artesia, CA 1.0–2.0 1.0–2.0 800 $2,848 $3.56 0d 9 1.11mi
11424 Curry Ln Artesia, CA 3.0 2.5 1860 $3,500 $1.88 45d 1 1.13mi
18427 Studebaker Rd Cerritos, CA 2.0 1.0 1000 $2,790 $2.79 5d 1 1.13mi
17721 Norwalk Blvd #3 Artesia, CA 3.0 3.0 1478 $3,900 $2.64 45d 1 1.19mi
12350 Del Amo Blvd Lakewood, CA 1.0–3.0 1.0–2.0 866 $3,173 $3.66 0d 27 1.22mi
17320 Mapes Ave Cerritos, CA 3.0 2.0 1550 $4,100 $2.65 0d 1 1.26mi
21003 Longworth Ave Lakewood, CA 3.0 2.0 1155 $3,900 $3.38 45d 1 1.31mi
21003 Longworth Ave Lakewood, CA 3.0 2.0 1155 $3,725 $3.23 4d 1 1.31mi
10751 Andy St Cerritos, CA 3.0 2.0 1311 $4,195 $3.20 0d 1 1.32mi
10751 Andy St Cerritos, CA 3.0 2.0 1311 $4,195 $3.20 9d 1 1.32mi
20817 Ely Ave Lakewood, CA 3.0 1.0 1102 $3,550 $3.22 3d 1 1.41mi
18316 Santana Ave Cerritos, CA 4.0 2.0 1515 $4,500 $2.97 25d 1 1.43mi

Listing history 31 events

  1. 2026-06-21
    days on market $221,988 Active 161 DOM
  2. 2026-06-18
    days on market $221,988 Active 158 DOM
  3. 2026-06-17
    days on market $221,988 Active 157 DOM
  4. 2026-06-16
    days on market $221,988 Active 156 DOM
  5. 2026-06-15
    days on market $221,988 Active 155 DOM
  6. 2026-06-13
    days on market $221,988 Active 153 DOM
  7. 2026-06-13
    days on market $221,988 Active 152 DOM
  8. 2026-06-09
    days on market $221,988 Active 149 DOM
  9. 2026-06-08
    days on market $221,988 Active 148 DOM
  10. 2026-06-07
    days on market $221,988 Active 147 DOM
  11. 2026-06-04
    days on market $221,988 Active 144 DOM
  12. 2026-06-03
    days on market $221,988 Active 143 DOM
  13. 2026-06-02
    days on market $221,988 Active 142 DOM
  14. 2026-06-01
    days on market $221,988 Active 141 DOM
  15. 2026-05-31
    days on market $221,988 Active 140 DOM
  16. 2026-03-13
    price $221,988 874-char remark
    Show marketing remark (874 chars)

    Great opportunity to own a spacious manufactured home in a prime Artesia location bordering the Cerritos neighborhood. This well-designed home features an open floor plan with 3 bedrooms and 2 full bathrooms. Enjoy a large living room with vaulted ceilings that flows seamlessly into the dining area, along with a full kitchen offering ample cabinet space. The generously sized primary bedroom includes an oversized en-suite bathroom with both a bathtub and separate shower. Additional highlights include indoor laundry with washer and dryer hookups, central air conditioning and heating. Community amenities include a clubhouse, pool, exercise room, and guest parking. Located within the desirable ABC Unified School District and conveniently close to Cerritos Mall, shopping centers, restaurants, public transportation, and the 91 and 605 freeways. A home waiting for you.

  17. 2026-01-11
    listed $239,999 Active 874-char remark
    Show marketing remark (874 chars)

    Great opportunity to own a spacious manufactured home in a prime Artesia location bordering the Cerritos neighborhood. This well-designed home features an open floor plan with 3 bedrooms and 2 full bathrooms. Enjoy a large living room with vaulted ceilings that flows seamlessly into the dining area, along with a full kitchen offering ample cabinet space. The generously sized primary bedroom includes an oversized en-suite bathroom with both a bathtub and separate shower. Additional highlights include indoor laundry with washer and dryer hookups, central air conditioning and heating. Community amenities include a clubhouse, pool, exercise room, and guest parking. Located within the desirable ABC Unified School District and conveniently close to Cerritos Mall, shopping centers, restaurants, public transportation, and the 91 and 605 freeways. A home waiting for you.

  18. 2009-06-01
    historical
  19. 2008-06-12
    listed $130,000
  20. 2008-04-30
    historical
  21. 2008-02-10
    listed $130,000
  22. 2008-01-30
    historical
  23. 2007-11-03
    listed $130,000
  24. 2005-08-05
    soldstatus $120,000
  25. 2005-03-28
    listed $125,000
  26. 2004-06-03
    historical
  27. 2004-04-24
    listed $113,000
  28. 2004-04-03
    historical
  29. 2004-03-18
    listed $107,000
  30. 2004-03-15
    historical
  31. 2003-11-21
    listed $107,000

ⓘ 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
$709 · $59/mo
Projected year-2 tax
$1,687 · $141/mo
Expected delta
+$978/yr (+$82/mo · 137.9%)

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

Climate risk First Street

  • 🌊 Flood 3/10 Moderate FEMA zone X · 7% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 5/10 Major 7 d/yr ≥89°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 9 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$45,843
− Mortgage interest
−$12,435
− Property taxes
−$709
− Insurance
−$1,110
− Repairs & maintenance
−$3,667
− Management
−$3,667
− Depreciation
−$6,458
Taxable income
$17,796
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$4,271
After-tax cash flow
$16,156/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
Abc Unified
NCES district ID
0601620
Math proficiency
77% ▲ 22.00%
Reading proficiency
90% ▲ 24.00%
Median HH income
$70,852
Composite
72.51/100
National rank
#199
State rank
#24 of 517 in CA

Livability — Artesia

Score
67/100
State rank
#311
US rank
#10525

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Artesia, CA
City population
16,044
Population (ZIP)
16,044

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 0.68)
Race & ethnicity
Asian 43% Hispanic / Latino 34% White 14% Two or more races 11% Black 5% Pacific Islander 3%
Hispanic origin (detail)
Mexican 29%
Common ancestry
Russian 7% Iranian 1% Italian 1%
Foreign-born
49% · Canada, South Korea, China
Languages at home
33% English-only · Spanish 25% Other Indo-European 19% Tagalog/Filipino 11%

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
▼ -636.45%
Current HPI
447.9791
Rent YoY
Metro
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+107.5% since first listed
16 events — show timeline
  • 2026-03-13 Price Changed $221,988 CRMLS
  • 2026-01-11 Listed $239,999 CRMLS
  • 2009-06-01 Listing Removed CRMLS
  • 2008-06-12 Listed $130,000 CRMLS
  • 2008-04-30 Listing Removed CRMLS
  • 2008-02-10 Listed $130,000 CRMLS
  • 2008-01-30 Listing Removed CRMLS
  • 2007-11-03 Listed $130,000 CRMLS
  • 2005-08-05 Sold (MLS) $120,000 CRMLS
  • 2005-03-28 Listed $125,000 CRMLS
  • 2004-06-03 Listing Removed CRMLS
  • 2004-04-24 Listed $113,000 CRMLS
  • 2004-04-03 Listing Removed CRMLS
  • 2004-03-18 Listed $107,000 CRMLS
  • 2004-03-15 Listing Removed CRMLS
  • 2003-11-21 Listed $107,000 CRMLS

Property tax history

+4.9%/yr

Latest (2025): $709 · +4.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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