1456 E Philadelphia St Spc 158 · Ontario, CA 91761

$165,000

2 bd · 2.0 ba · 1,248 sqft · Manufactured public records · 47 Days on market

Built 1982 Est $125k · 32% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +3.7/10.0
• Livability +3.2/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

PRICE REDUCED. MOVE IN CONDITION, LARGE ROOMS, FORMAL DINING, LOTS OF BUILT IN STORAGE. WELL LAYED OUT KITCHEN, CENTRAL AIR AND HEATING. QUIET LOCATION, NICE NEIGHBORS. BUYER SATISFY THEMSELVES TO THE HOMES MEASUREMENTS. SELLER VERY EAGER TO SELL.

Key facts

• Dog parks
• Fitness center
• Pickleball courts

Tags

• HEATED POOL
• DOG PARKS
• PICKLEBALL COURTS
• BOCCE BALL COURT
• FITNESS CENTER
• COMMUNITY HALL

Property features AI

Finance

• Other: Park name: Rancho Ontario; Lot density roughly 6–10 units per acre; Directions: Off Philadelphia between Grove and Vineyard
• Financial info: Monthly land lease approximately $1,800 (park provided)
• HOA & community: Senior community; Association amenities include pool, spa, clubhouse, gym/exercise room, billiard room, card room, meeting room, bocce ball court, pickleball, barbecue area and dog park; Manager approval required

Exterior

• Parking: Carport with space for 2 vehicles; 2 total parking spaces; RV parking available for a fee
• Utilities: Public sewer; District/public water
• Home design: Single-story mobile home (Baywood model); Mobile home dimensions approximately 24' x 52'; Mobile home remains on the property; Single-story; Park-facing entry located on Philadelphia
• Construction: Year built per public records; Mobile home construction
• Exterior features: Community in-ground heated gunite pool; No fencing; Community includes dog park and street lighting

Interior

• Bathrooms: 2 full bathrooms
• Interior features: In-ground, heated gunite spa in the community; Community spa access
• Laundry & utility: Washer hookup; Gas dryer hookup; Community laundry available

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $165k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $165k).
• Recommended offer: $160k (3.0% below list) — sets the bar for market timing.
• Cap rate 14.1% vs local median 2.7% in Ontario — 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 (#435 in CA) — a middle-class / working-renter tenant base. Strengths: commute A-, housing B+; Watch: schools F, cost of living F, health & safety F.
• Ontario-Montclair (urban): math 35% / reading 44% proficiency, ranked #731 of 1,400 in CA (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.4%/yr); 314 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 0d 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).
• This rent runs 33% of the median local income ($101k/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.
• San Bernardino County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 2.4% rent growth), your $46k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 47 days — a 3% lower offer ($160k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 21y 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 $72k; list at $165k implies a 128% gain — meaningful room to come down on a strong offer.

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 $160,050 (3.0% below list)

Questions for the listing agent

1. It's been on market 47 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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.
5. 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.
6. 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: 1.70% ✓
• Cap rate: 14.12%
• Cash-on-cash: 27.94%
• DSCR: 2.24
• GRM: 4.9

CMA / ARV

• ARV (on-the-fly): $124,800
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1456 E Philadelphia St Spc 41	0.00mi	2/2.0	1,248 (0%)	1mo	$161,000	$129	99
1456 E Philadelphia St #108	0.00mi	2/2.0	1,248 (0%)	10mo	$125,000	$100	92
1456 E Philadelphia Street Spc 116	0.00mi	2/2.0	1,248 (0%)	19mo	$102,750	$82	84
1456 E Philadelphia St Spc 412	0.12mi	2/2.0	1,152 (-8%)	0mo	$95,000	$82	81
1456 E Philadelphia St #315	0.00mi	3/2.0 (+1)	1,248 (0%)	18mo	$170,000	$136	80
1456 Philadelphia #398	0.06mi	2/2.0	1,200 (-4%)	23mo	$95,000	$79	71
1456 E Philadelphia #2	0.00mi	3/2.0 (+1)	1,425 (+14%)	3mo	$187,000	$131	69
1456 E Philadelphia St #62	0.06mi	2/2.0	1,344 (+8%)	23mo	$40,000	$30	65
1456 E Philadelphia St #11	0.00mi	3/2.0 (+1)	1,344 (+8%)	22mo	$185,000	$138	64

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 · 2.39% rent growth · sell at horizon

5-year hold

• IRR: 21.4%
• Equity multiple: 1.87×
• Total profit: $40,106
• Equity at exit: $24,602

10-year hold

• IRR: 29.1%
• Equity multiple: 3.52×
• Total profit: $116,379
• Equity at exit: $14,266

Cash invested: $46,200 (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 91761

• Rents YoY: 2.4%
• Active inventory: 314
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $2,805 high
• Mortgage (P&I): −$865
• Tax est. 1.5%: −$206 /mo · $2,475/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$589
• Net cashflow: $1,076

Break-even live

Break-even rent $1,443

Max offer price $165,000

Occupancy floor 57%

Sensitivity live

Price	-10% $1,190	-5% $1,133	+0% $1,076	+5% $1,019	+10% $962
Rent	-10% $854	-5% $965	+0% $1,076	+5% $1,186	+10% $1,297
Rate	-1.0pp $1,159	-0.5pp $1,118	base $1,076	+0.5pp $1,033	+1.0pp $989

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1110 E Philadelphia St Ontario, CA	1.0–2.0	1.0–2.0	904	$3,207	$3.55	0d	13	0.47mi
1056 E Philadelphia St Ontario, CA	1.0	1.0	688	$2,465	$3.58	0d	1	0.55mi
2432 S Garfield Pl Ontario, CA	3.0	2.0	1118	$3,150	$2.82	0d	1	0.66mi
2042 S Bon View Ave Unit C Ontario, CA	2.0	2.5	1364	$2,700	$1.98	0d	1	0.85mi
1900 S Campus Ave Ontario, CA	1.0–2.0	1.0	662	$2,179	$3.29	0d	10	1.15mi
629 E Madeleine Privado Ontario, CA	3.0	2.5	1465	$3,350	$2.29	44d	1	1.29mi
629 E Madeleine Privado Ontario, CA	3.0	2.5	1465	$3,250	$2.22	22d	1	1.29mi
619 E Riverside Dr Ontario, CA	1.0–2.0	1.0–2.0	866	$2,295	$2.65	0d	3	1.43mi
551 E Riverside Dr Ontario, CA	1.0–2.0	1.0–2.0	782	$2,665	$3.41	3d	12	1.49mi

Listing history 19 events

1. 2026-06-18
   days on market $165,000 Active 47 DOM
2. 2026-06-17
   days on market $165,000 Active 46 DOM
3. 2026-06-16
   days on market $165,000 Active 45 DOM
4. 2026-06-15
   days on market $165,000 Active 44 DOM
5. 2026-06-13
   days on market $165,000 Active 42 DOM
6. 2026-06-13
   days on market $165,000 Active 41 DOM
7. 2026-06-09
   days on market $165,000 Active 39 DOM
8. 2026-06-08
   days on market $165,000 Active 38 DOM
9. 2026-06-07
   days on market $165,000 Active 37 DOM
10. 2026-06-04
    days on market $165,000 Active 34 DOM
11. 2026-06-03
    days on market $165,000 Active 33 DOM
12. 2026-06-02
    days on market $165,000 Active 32 DOM
13. 2026-06-01
    days on market $165,000 Active 31 DOM
14. 2026-05-31
    days on market $165,000 Active 30 DOM
15. 2026-05-01
    listed $165,000 Active
16. 2026-03-14
    historical
17. 2025-09-19
    listed $165,000 Active
18. 2006-03-07
    soldstatus $72,500 247-char remark

    Show marketing remark (247 chars)

    PRICE REDUCED. MOVE IN CONDITION, LARGE ROOMS, FORMAL DINING, LOTS OF BUILT IN STORAGE. WELL LAYED OUT KITCHEN, CENTRAL AIR AND HEATING. QUIET LOCATION, NICE NEIGHBORS. BUYER SATISFY THEMSELVES TO THE HOMES MEASUREMENTS. SELLER VERY EAGER TO SELL.

19. 2005-11-08
    listed $74,500 247-char remark

    Show marketing remark (247 chars)

    PRICE REDUCED. MOVE IN CONDITION, LARGE ROOMS, FORMAL DINING, LOTS OF BUILT IN STORAGE. WELL LAYED OUT KITCHEN, CENTRAL AIR AND HEATING. QUIET LOCATION, NICE NEIGHBORS. BUYER SATISFY THEMSELVES TO THE HOMES MEASUREMENTS. SELLER VERY EAGER TO SELL.

ⓘ 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 4/10 Moderate FEMA zone X · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥100°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 9/10 Extreme 23 unhealthy d/yr today · 26 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,660
• − Mortgage interest: −$9,243
• − Property taxes: −$2,475
• − Insurance: −$825
• − Repairs & maintenance: −$2,693
• − Management: −$2,693
• − Depreciation: −$4,800
• Taxable income: $10,932
• Est. tax owed @ 24.0%: −$2,624
• After-tax cash flow: $10,285/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: Ontario-Montclair
• NCES district ID: 0628470
• Math proficiency: 35% ▲ 4.00%
• Reading proficiency: 44% ▲ 2.00%
• Median HH income: $50,668
• Composite: 36.57/100
• National rank: #9282
• State rank: #731 of 1400 in CA

Livability — Ontario

• Score: 63/100
• State rank: #435
• US rank: #14949

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ontario, CA
• County: San Bernardino County · 2,030,291 people
• City population: 183,440
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 62,935
• Household income: $100,578
• Rent vs Own: 30.7% rent · 69.3% own
• Severe rent burden: 1853.0

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: Predominantly Hispanic (66%)
• Race & ethnicity: Hispanic / Latino 66% Two or more races 23% White 15% Asian 9% Black 6% Native American 2%
• Hispanic origin (detail): Mexican 59%
• Common ancestry: Iranian 1% Lithuanian 1% Italian 1%
• Foreign-born: 24% · Canada, China, Vietnam
• Languages at home: 51% English-only · Spanish 41% Chinese 3% Tagalog/Filipino 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: ▼ -374.91%
• Current HPI: 400.5674
• Rent YoY: ▲ 2.39%
• 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

+121.5% since first listed

5 events — show timeline

• 2026-05-01 Listed $165,000 CRMLS
• 2026-03-14 Listing Removed — CRMLS
• 2025-09-19 Listed $165,000 CRMLS
• 2006-03-07 Sold (MLS) $72,500 CRMLS
• 2005-11-08 Listed $74,500 CRMLS

Property tax history

-0.1%/yr

Latest (2025): $114 · +0.3% YoY. Source: county tax records.