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901 6th Ave #417
B Composite 74.07
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 +11.5/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +4.5/10.0
  • Livability +2.9/5.0
  • Rent growth +2.8/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$170,000

901 6th Ave #417 · Hacienda Heights, CA 91745
4 bd · 2.0 ba · 1,488 sqft · Manufactured public records · 42 Days on market
Built 1972 $114/sqft · 12% below area Est $186k · 9% under

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

Listing remarks

Charming 4-bedroom, 2-bath home offering 1,440 sq ft of living space in desirable Hacienda Heights. This property presents a great opportunity for first-time buyers, investors, or anyone looking to add their personal touch. Spacious layout with strong potential to customize and enhance. Home needs TLC but offers excellent upside value and endless possibilities. Conveniently located near shopping, dining, schools, and freeway access.

Key facts

  • 3 parking spots
  • Community pool
  • Built 1972

Property features AI

Finance

  • Other: Parcel number on record: 8206034017
  • Financial info: Park/land lease community — manager approval required
  • HOA & community: Monthly land lease of $1,475 (park-managed)

Exterior

  • Parking: 3 carport spaces (3 total parking spaces)
  • Utilities: Public sewer; District/public water
  • Home design: Single-story mobile/manufactured home; Mobile home dimensions approximately 24' x 60'; Mobile home remains on site
  • Construction: Year built: per builder; Total of 1 story
  • Exterior features: Community pool; Dog park and neighborhood park access; Located in a park community (Wildwood)

Interior

  • Bedrooms: Entry level: 1
  • Bathrooms: 2 full bathrooms
  • Interior features: One-level home; Ground-level entry
  • Laundry & utility: Laundry in an individual room

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 4-bed/2.0-bath manufactured listed at $170k.

Deal economics

  • At list price, monthly cash flow is $2k ($24k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $170k).
  • Recommended offer: $165k (3.0% below list) — sets the bar for market timing.
  • Cap rate 20.3% vs local median 2.2% in Hacienda Heights — 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 57/100 on livability (#732 in CA) — a working-class tenant base; expect higher turnover. Strengths: employment A+, commute A; Watch: crime C-, amenities F, cost of living F.
  • Hacienda La Puente Unified (suburban): math 41% / reading 55% proficiency, ranked #443 of 1,400 in CA (top 32%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+1.0%/yr); 124 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
  • This rent runs 41% of the median local income ($109k/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 $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 + 1.0% rent growth), your $48k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 42 days — a 3% lower offer ($165k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 13y 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.

Risks & watch-outs

  • Climate carrying-cost: moderate flood risk; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $164,900 (3.0% below list)

Questions for the listing agent

  1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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
2.22%
Cap rate
20.30%
Cash-on-cash
50.02%
DSCR
3.23
GRM
3.8

CMA / ARV

ARV (median comp)
$186,500
List price
$170,000
Delta
-8.85%
Verdict
FAIR
Comps
10 within 1.0 mi
Show comp detail 8 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
901 South 6th #89 0.13mi 4/2.0 1,450 (-3%) 12mo $164,000 $113 80
901 6th #235 0.00mi 3/2.0 (-1) 1,368 (-8%) 3mo $285,000 $208 79
901 S 6th Ave #238 0.31mi 3/2.0 (-1) 1,440 (-3%) 5mo $269,900 $187 71
901 S 6th Ave #265 0.00mi 3/2.0 (-1) 1,272 (-14%) 1mo $185,000 $145 70
901 6th Ave #45 0.31mi 4/3.0 1,464 (-2%) 12mo $221,000 $151 69
901 S 6th Ave, Space 262 0.00mi 3/2.0 (-1) 1,620 (+9%) 15mo $238,000 $147 68
901 S 6th Ave Spc 206 0.00mi 3/2.0 (-1) 1,392 (-6%) 23mo $233,000 $167 65
901 6th Ave #404 0.00mi 3/2.0 (-1) 1,300 (-13%) 21mo $220,000 $169 56

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 · 1.02% rent growth · sell at horizon

5-year hold
IRR
45.6%
Equity multiple
2.92×
Total profit
$91,388
Equity at exit
$25,348
10-year hold
IRR
50.6%
Equity multiple
5.47×
Total profit
$212,999
Equity at exit
$14,698

Cash invested: $47,600 (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 91745

Rents YoY
1.0%
Active inventory
124
Price-to-rent
3.8×

Monthly cashflow live

Estimated rent
$3,775 medium interval (Pro) →
Mortgage (P&I)
$891
Tax from tax record
$36 /mo · $427/yr
Insurance
$71
HOA
$0
Vacancy / Maint / Mgmt
$793
Net cashflow
$1,984

Break-even live

Break-even rent $1,263
Max offer price $170,000
Occupancy floor 42%

Sensitivity live

Price -10% $2,080 -5% $2,032 +0% $1,984 +5% $1,936 +10% $1,888
Rent -10% $1,686 -5% $1,835 +0% $1,984 +5% $2,133 +10% $2,282
Rate -1.0pp $2,070 -0.5pp $2,027 base $1,984 +0.5pp $1,940 +1.0pp $1,895

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
$42,500
Closing costs
$5,100
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1024 Bunbury Dr Whittier, CA 4.0 2.0 1414 $1,500 $1.06 4d 1 0.92mi
1842 Whittier Woods Cir Whittier, CA 4.0 2.0 1587 $2,800 $1.76 23d 1 1.34mi

Listing history 19 events

  1. 2026-06-21
    days on market $170,000 Active 42 DOM
  2. 2026-06-18
    days on market $170,000 Active 39 DOM
  3. 2026-06-17
    days on market $170,000 Active 38 DOM
  4. 2026-06-16
    days on market $170,000 Active 37 DOM
  5. 2026-06-15
    days on market $170,000 Active 36 DOM
  6. 2026-06-13
    days on market $170,000 Active 34 DOM
  7. 2026-06-09
    days on market $170,000 Active 30 DOM
  8. 2026-06-08
    days on market $170,000 Active 29 DOM
  9. 2026-06-07
    days on market $170,000 Active 28 DOM
  10. 2026-06-04
    days on market $170,000 Active 25 DOM
  11. 2026-06-03
    days on market $170,000 Active 24 DOM
  12. 2026-06-02
    days on market $170,000 Active 23 DOM
  13. 2026-06-01
    days on market $170,000 Active 22 DOM
  14. 2026-05-31
    days on market $170,000 Active 21 DOM
  15. 2026-05-09
    listed $170,000 Active 436-char remark
  16. 2014-05-21
    historical
  17. 2013-10-28
    listed $24,900 Active
  18. 2013-10-28
    historical
  19. 2013-09-05
    listed $25,000 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
$427 · $36/mo
Projected year-2 tax
$1,292 · $108/mo
Expected delta
+$865/yr (+$72/mo · 202.7%)

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

Climate risk First Street

  • 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 26% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 6/10 Major 7 d/yr ≥100°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 6/10 Major 9 unhealthy d/yr today · 10 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
$45,295
− Mortgage interest
−$9,523
− Property taxes
−$427
− Insurance
−$850
− Repairs & maintenance
−$3,624
− Management
−$3,624
− Depreciation
−$4,945
Taxable income
$22,303
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$5,353
After-tax cash flow
$18,455/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
Hacienda La Puente Unified
NCES district ID
0616325
Math proficiency
41% ▲ 2.00%
Reading proficiency
55% ▲ 3.00%
Median HH income
$67,275
Composite
44.85/100
National rank
#5921
State rank
#443 of 1400 in CA

Livability — Hacienda Heights

Score
57/100
State rank
#732
US rank
#21583

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Hacienda Heights, CA
County
Los Angeles County · 9,444,647 people
City population
54,351
Metro
Los Angeles-Long Beach-Anaheim, CA
Population (ZIP)
54,351
Household income
$109,183
Rent vs Own
24.5% rent · 75.5% own
Severe rent burden
907.0

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 0.63)
Race & ethnicity
Hispanic / Latino 43% Asian 41% White 12% Two or more races 12%
Hispanic origin (detail)
Mexican 35%
Common ancestry
Lithuanian 1% Slovak 1% Romanian 1%
Foreign-born
40% · China, Canada, Vietnam
Languages at home
37% English-only · Spanish 28% Chinese 25% Other Asian/Pacific 3%

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
▼ -795.07%
Current HPI
415.3057
Rent YoY
▲ 1.02%
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

Price history

+580.0% since first listed
5 events — show timeline
  • 2026-05-09 Listed $170,000 CRMLS
  • 2014-05-21 Listing Removed CRMLS
  • 2013-10-28 Listed $24,900 CRMLS
  • 2013-10-28 Listing Removed CRMLS
  • 2013-09-05 Listed $25,000 CRMLS

Property tax history

+7.5%/yr

Latest (2025): $427 · +7.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…