11 Oxford Way · Los Angeles, CA 91324

$309,000

3 bd · 2.0 ba · 1,200 sqft · Manufactured · 214 Days on market

Built 2020 Good condition $258/sqft · 12% above area Est $275k · 12% over ↓ 1% since listing

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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 +22.3/30.0
• DSCR +7.1/10.0
• 1% rule +5.8/10.0
• Condition / age +4.0/5.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.6/5.0
• ARV discount +1.9/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Bright and modern, this 3-bedroom, 2-bath home offers 1,200 sq. ft. of thoughtfully designed living space, perfect for comfort and easy living. The open floor plan features sleek vinyl flooring, recessed lighting, and a cozy gas-burning fireplace that adds warmth and ambiance. Built in 2020, this well-constructed modular home combines quality craftsmanship with practical design. The kitchen is both functional and stylish, equipped with stainless steel appliances and ample cabinetry. The primary bath suite provides a serene retreat with a soaking tub, walk-in shower, his-and-hers sink with marble quartz vanity, making it a spa-like atmosphere. Laundry is ready with a stackable washer and gas dryer. Step outside to a private patio and wood deck, perfect for relaxing, entertaining, and enjoying sunny BBQ days, along with a convenient covered carport. Situated within a friendly, amenity-rich 55+ community in prime NORTHRIDGE location. The current land lease of $1,002.64 includes all amenities, gardening, and maintenance. Residents enjoy a sparkling pool, a recreation center outfitted with billiards tables, a galley kitchen, a TV arena. This home offers effortless, low-maintenance living near shopping, dining, freeway, public transit, and just steps from Vanalden Park. Priced to sell fast. Come see it today and make it yours!

Key facts

• Open floor plan
• Wood deck
• Covered carport

Tags

• OPEN FLOOR PLAN
• COZY GAS-BURNING FIREPLACE
• STAINLESS STEEL APPLIANCES
• PRIVATE PATIO
• WOOD DECK
• COVERED CARPORT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $309k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $507 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $309k).
• Recommended offer: $272k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 2.1% in Los Angeles — 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 68/100 on livability (#273 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B; Watch: health & safety C-, schools D+, crime F.
• Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 45 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
• This rent runs 40% of the median local income ($100k/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 $2k of loan paydown is wiped out by about $9k 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.

Negotiation context

• It's been on market 214 days — a 12% lower offer ($272k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $271,920 (12.0% below list)

Questions for the listing agent

1. It's been on market 214 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. 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?
5. 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?
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: 1.08% ✓
• Cap rate: 8.26%
• Cash-on-cash: 7.03%
• DSCR: 1.31
• GRM: 7.7

CMA / ARV

• ARV (median comp): $275,000
• List price: $309,000
• Delta: 12.36%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
32 Canterbury Dr	0.02mi	2/2.0 (-1)	1,150 (-4%)	22mo	$245,000	$213	68
9 York	0.07mi	3/2.0	1,373 (+14%)	20mo	$385,000	$280	56
24 Essex	0.04mi	2/2.0 (-1)	1,068 (-11%)	24mo	$215,000	$201	55

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 · 0.31% rent growth · sell at horizon

5-year hold

• IRR: -8.6%
• Equity multiple: 0.69×
• Total profit: $-26,554
• Equity at exit: $46,073

10-year hold

• IRR: -3.1%
• Equity multiple: 0.82×
• Total profit: $-15,628
• Equity at exit: $26,717

Cash invested: $86,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City Los Angeles: 0 Strongly Tenant-Friendly · D+22

LARSO + JCEO 2023; relocation for substantial remodel evictions.

Methodology + full state rankings →

ZIP-level market 91324

• Rents YoY: 0.3%
• Active inventory: 45
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $3,345 high
• Mortgage (P&I): −$1,620
• Tax est. 1.5%: −$386 /mo · $4,635/yr
• Insurance: −$129
• HOA: −$0
• Vacancy / Maint / Mgmt: −$702
• Net cashflow: $507

Break-even live

Break-even rent $2,703

Max offer price $309,000

Occupancy floor 80%

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: $77,250
• Closing costs: $9,270
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9000 Vanalden Ave #156 Northridge, CA	2.0	3.0	1458	$3,350	$2.30	21d	1	0.05mi
19053 Nordhoff St Northridge, CA	2.0	1.0–2.0	784	$3,175	$4.05	5d	6	0.14mi
19200 Nordhoff St Northridge, CA	1.0–3.0	1.0–3.0	1140	$4,173	$3.66	5d	7	0.16mi
19100 Parthenia St Northridge, CA	1.0–2.0	1.0–2.0	925	$2,795	$3.02	43d	3	0.42mi
18900 Parthenia St Unit 211 Northridge, CA	2.0	2.0	882	$3,005	$3.41	7d	1	0.47mi
18900 Parthenia St Unit 112 Northridge, CA	2.0	2.0	881	$2,975	$3.38	7d	1	0.47mi
18900 Parthenia St Unit 311 Northridge, CA	2.0	2.0	882	$3,080	$3.49	7d	1	0.47mi
18900 Parthenia St Unit 315 Northridge, CA	2.0	2.0	862	$2,750	$3.19	5d	1	0.47mi
9245 Geyser Ave Northridge, CA	3.0	2.0	1434	$4,500	$3.14	43d	1	0.48mi
19248 Parthenia St Northridge, CA	1.0–2.0	1.0–2.0	750	$2,599	$3.47	19d	2	0.48mi
19401 Parthenia St Northridge, CA	2.0	1.0–2.0	870	$3,706	$4.26	1d	26	0.54mi
19535 Nordhoff St Northridge, CA	3.0	1.0–3.0	1071	$4,400	$4.11	1d	27	0.62mi
8514 Wilbur Ave Northridge, CA	3.0	3.0	1166	$3,150	$2.70	21d	1	0.67mi
8514 Wilbur Ave Northridge, CA	3.0	3.0	1166	$3,150	$2.70	24d	1	0.67mi
8512 Wilbur Ave Northridge, CA	4.0	2.0	1166	$3,250	$2.79	24d	1	0.67mi
8510 Wilbur Ave Northridge, CA	2.0	2.0	852	$2,599	$3.05	43d	1	0.67mi
18623 Bryant St Northridge, CA	3.0	2.0	1200	$4,500	$3.75	24d	1	0.72mi
18621 Bryant St Unit 2 Northridge, CA	2.0	1.0	900	$2,500	$2.78	7d	1	0.72mi
18540 Parthenia St Unit 2 Northridge, CA	2.0	1.0	900	$1,995	$2.22	20d	1	0.77mi
8450 Calvin Ave Northridge, CA	2.0	1.0	1100	$3,500	$3.18	43d	1	0.78mi
9131 Darby Ave Los Angeles, CA	1.0–2.0	1.0–2.0	778	$3,695	$4.75	2d	7	0.86mi
9400 Corbin Ave Northridge, CA	2.0	1.0–2.0	940	$3,457	$3.68	1d	32	0.87mi
8803 Darby Ave Northridge, CA	2.0	2.0	900	$2,746	$3.05	24d	1	0.89mi
9423 Reseda Blvd Northridge, CA	1.0–2.0	1.0–2.0	950	$2,994	$3.15	1d	11	0.89mi
9035 Rathburn Ave Unit 1/2 Northridge, CA	3.0	3.0	1200	$4,000	$3.33	14d	1	0.91mi
18414 Vincennes St Northridge, CA	1.0–2.0	1.0–2.0	725	$2,750	$3.79	3d	2	0.95mi
8425 Amigo Ave Apt 4 Northridge, CA	2.0	1.0	875	$1,995	$2.28	24d	1	0.96mi
18425 Malden St Northridge, CA	2.0	2.0	1100	$2,584	$2.35	12d	1	0.97mi
8422 Amigo Ave Unit 5 Northridge, CA	2.0	1.0	850	$2,300	$2.71	18d	1	0.99mi
18411 Vincennes St Northridge, CA	1.0–3.0	1.0–2.5	1100	$2,998	$2.73	1d	17	0.99mi
9555 Reseda Blvd Northridge, CA	1.0–2.0	1.0–2.0	840	$2,700	$3.21	10d	7	0.99mi
8800 Etiwanda Ave #9 Northridge, CA	3.0	2.5	1470	$3,500	$2.38	43d	1	1.00mi
8337 Gladbeck Ave Northridge, CA	2.0	1.5	877	$2,995	$3.42	43d	1	1.01mi
8730 Etiwanda Ave Unit 4 Northridge, CA	2.0	2.0	841	$3,500	$4.16	18d	1	1.01mi
8356 Amigo Ave Apt 2 Northridge, CA	2.0	1.0	875	$2,200	$2.51	20d	1	1.03mi
8343 Amigo Ave Northridge, CA	2.0	1.0	850	$2,300	$2.71	18d	1	1.03mi
18452 Halsted St Northridge, CA	2.0	2.0	1215	$2,948	$2.43	5d	1	1.04mi
8466 Quartz Ave Winnetka, CA	3.0	2.0	1500	$3,700	$2.47	43d	1	1.10mi
18906 Lassen St Northridge, CA	2.0	2.0	1000	$2,800	$2.80	43d	1	1.11mi
8465 Quartz Ave Winnetka, CA	2.0	1.0	825	$3,000	$3.64	24d	1	1.13mi

Listing history 17 events

1. 2026-06-18
   days on market $309,000 Active 214 DOM
2. 2026-06-17
   days on market $309,000 Active 213 DOM
3. 2026-06-16
   days on market $309,000 Active 212 DOM
4. 2026-06-15
   days on market $309,000 Active 211 DOM
5. 2026-06-13
   days on market $309,000 Active 209 DOM
6. 2026-06-09
   days on market $309,000 Active 205 DOM
7. 2026-06-08
   days on market $309,000 Active 204 DOM
8. 2026-06-07
   days on market $309,000 Active 203 DOM
9. 2026-06-04
   days on market $309,000 Active 200 DOM
10. 2026-06-03
    days on market $309,000 Active 199 DOM
11. 2026-06-02
    days on market $309,000 Active 198 DOM
12. 2026-06-02
    price $309,000 Active 197 DOM
13. 2026-06-01
    days on market $315,000 Active 197 DOM
14. 2026-05-31
    days on market $315,000 Active 196 DOM
15. 2026-04-24
    price $315,000 1343-char remark

    Show marketing remark (1343 chars)

    Bright and modern, this 3-bedroom, 2-bath home offers 1,200 sq. ft. of thoughtfully designed living space, perfect for comfort and easy living. The open floor plan features sleek vinyl flooring, recessed lighting, and a cozy gas-burning fireplace that adds warmth and ambiance. Built in 2020, this well-constructed modular home combines quality craftsmanship with practical design. The kitchen is both functional and stylish, equipped with stainless steel appliances and ample cabinetry. The primary bath suite provides a serene retreat with a soaking tub, walk-in shower, his-and-hers sink with marble quartz vanity, making it a spa-like atmosphere. Laundry is ready with a stackable washer and gas dryer. Step outside to a private patio and wood deck, perfect for relaxing, entertaining, and enjoying sunny BBQ days, along with a convenient covered carport. Situated within a friendly, amenity-rich 55+ community in prime NORTHRIDGE location. The current land lease of $1,002.64 includes all amenities, gardening, and maintenance. Residents enjoy a sparkling pool, a recreation center outfitted with billiards tables, a galley kitchen, a TV arena. This home offers effortless, low-maintenance living near shopping, dining, freeway, public transit, and just steps from Vanalden Park. Priced to sell fast. Come see it today and make it yours!

16. 2026-01-05
    status Active 1343-char remark

    Show marketing remark (1343 chars)

    Bright and modern, this 3-bedroom, 2-bath home offers 1,200 sq. ft. of thoughtfully designed living space, perfect for comfort and easy living. The open floor plan features sleek vinyl flooring, recessed lighting, and a cozy gas-burning fireplace that adds warmth and ambiance. Built in 2020, this well-constructed modular home combines quality craftsmanship with practical design. The kitchen is both functional and stylish, equipped with stainless steel appliances and ample cabinetry. The primary bath suite provides a serene retreat with a soaking tub, walk-in shower, his-and-hers sink with marble quartz vanity, making it a spa-like atmosphere. Laundry is ready with a stackable washer and gas dryer. Step outside to a private patio and wood deck, perfect for relaxing, entertaining, and enjoying sunny BBQ days, along with a convenient covered carport. Situated within a friendly, amenity-rich 55+ community in prime NORTHRIDGE location. The current land lease of $1,002.64 includes all amenities, gardening, and maintenance. Residents enjoy a sparkling pool, a recreation center outfitted with billiards tables, a galley kitchen, a TV arena. This home offers effortless, low-maintenance living near shopping, dining, freeway, public transit, and just steps from Vanalden Park. Priced to sell fast. Come see it today and make it yours!

17. 2025-11-04
    listed $319,000 Active 1343-char remark

    Show marketing remark (1343 chars)

    Bright and modern, this 3-bedroom, 2-bath home offers 1,200 sq. ft. of thoughtfully designed living space, perfect for comfort and easy living. The open floor plan features sleek vinyl flooring, recessed lighting, and a cozy gas-burning fireplace that adds warmth and ambiance. Built in 2020, this well-constructed modular home combines quality craftsmanship with practical design. The kitchen is both functional and stylish, equipped with stainless steel appliances and ample cabinetry. The primary bath suite provides a serene retreat with a soaking tub, walk-in shower, his-and-hers sink with marble quartz vanity, making it a spa-like atmosphere. Laundry is ready with a stackable washer and gas dryer. Step outside to a private patio and wood deck, perfect for relaxing, entertaining, and enjoying sunny BBQ days, along with a convenient covered carport. Situated within a friendly, amenity-rich 55+ community in prime NORTHRIDGE location. The current land lease of $1,002.64 includes all amenities, gardening, and maintenance. Residents enjoy a sparkling pool, a recreation center outfitted with billiards tables, a galley kitchen, a TV arena. This home offers effortless, low-maintenance living near shopping, dining, freeway, public transit, and just steps from Vanalden Park. Priced to sell fast. Come see it today and make it yours!

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥100°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,136
• − Mortgage interest: −$17,309
• − Property taxes: −$4,635
• − Insurance: −$1,545
• − Repairs & maintenance: −$3,211
• − Management: −$3,211
• − Depreciation: −$8,989
• Taxable income: $1,236
• Est. tax owed @ 24.0%: −$297
• After-tax cash flow: $5,786/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 None rehab

This modern, well-maintained 3-bedroom, 2-bath home offers a bright and open floor plan with a functional kitchen and a serene primary bath suite. The exterior is in good condition, and the home is ready for immediate occupancy.

Value-add opportunities

• Both Painting the exterior — Fresh paint can enhance curb appeal and property value.
• Both Landscaping improvements — Enhanced landscaping can increase both resale and rental value.
• Both Adding smart home features — Smart home features can increase both resale and rental value by making the home more modern and convenient.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior — Fresh paint can enhance curb appeal and property value. ↑
• Both Landscaping improvements — Enhanced landscaping can increase both resale and rental value. ↑
• Both Adding smart home features — Smart home features can increase both resale and rental value by making the home more modern and convenient. ↑

ⓘ 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: Los Angeles Unified
• NCES district ID: 0622710
• Math proficiency: 29% ▼ -4.00%
• Reading proficiency: 54% ▲ 10.00%
• Median HH income: $50,403
• Composite: 35.67/100
• National rank: #4875
• State rank: #223 of 517 in CA

Livability — Los Angeles

• Score: 68/100
• State rank: #273
• US rank: #9237

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Los Angeles, CA
• County: Los Angeles County · 9,444,647 people
• City population: 3,838,149
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 30,699
• Household income: $99,610
• Rent vs Own: 53.3% rent · 46.7% own
• Severe rent burden: 2216.0

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: Highly diverse neighborhood (Simpson 0.70)
• Race & ethnicity: Hispanic / Latino 40% White 31% Asian 20% Two or more races 10% Black 5% Native American 1%
• Hispanic origin (detail): Mexican 27%
• Common ancestry: Italian 1% Scotch-Irish 1% Romanian 1%
• Foreign-born: 36% · Canada, South Korea, China
• Languages at home: 45% English-only · Spanish 30% Other Indo-European 10% Tagalog/Filipino 5%

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: ▼ -800.42%
• Current HPI: 359.9675
• Rent YoY: ▲ 0.31%
• 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

-1.3% since first listed

3 events — show timeline

• 2026-04-24 Price Changed $315,000 CRMLS
• 2026-01-05 Relisted — CRMLS
• 2025-11-04 Listed $319,000 CRMLS