19361 Brookhurst St #120 · Huntington Beach, CA 92646

$170,000

2 bd · 2.0 ba · 1,500 sqft · Manufactured · 6 Days on market

Built 1967 22 ac lot Est $192k · 11% under

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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 +12.7/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +6.5/10.0
• Livability +3.4/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Manaufactured Home in Rancho Huntington - Great Park and Location. This is a corner unit on an extra large lot- lots of area and landscape around. Private patio area and space for 3 vehicles. close to Clubhouse and pool. Add on Tiki Room perfect for Parties and TV. Clean and ready to move in. Walk in Closet in Master Bedroom. This is all age community and very well run. Resident Manager. Lease is Assumable at $ 2615 mo. 2 Storage Sheds included. Great Lifestyle!

Key facts

• Community clubhouse
• Large yard
• Private patio

Tags

• CORNER LOT
• LARGE YARD
• PRIVATE PATIO
• TWO STORAGE SHEDS
• COMMUNITY CLUBHOUSE
• RESORT STYLE AMENITIES

Property features AI

Finance

• Other: Directions: Brookhurst St north of York — enter Rancho Huntington; go straight back almost to the end. Property is on the corner to your left next to the pool.
• Financial info: Land lease of $2,815 monthly (park-managed); rent includes all utilities
• HOA & community: Monthly association fee; Community pool; Curbs in community; Park name: Rancho Huntington; Manager approval required

Exterior

• Parking: Attached carport with 3 parking spaces
• Utilities: Standard electric service; Public/district water; Sewer or septic (unknown)
• Home design: Mobile home remains on site (10' x 52'); Double body type; Turnkey condition; One story; Facing west; Entry at street level
• Construction: Year built per public records
• Exterior features: Association pool; Corner lot; Two sheds

Interior

• Kitchen: Gas range; Dishwasher; Microwave; Garbage disposal; Gas water heater; Water heater unit
• Bedrooms: All bedrooms on main level
• Flooring: Vinyl flooring; Carpet
• Bathrooms: 2 full bathrooms; Bathtub
• Heating & cooling: Forced air heating
• Interior features: Copper full plumbing; Formica counters; Single-level home; Front street entry
• Laundry & utility: Inside laundry room; Washer hookup; Gas dryer hookup; Individual laundry room

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $170k.

Deal economics

• At list price, monthly cash flow is $2k ($22k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $170k).
• Cap rate 19.0% vs local median 1.6% in Huntington Beach — 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 (#306 in CA) — a middle-class / working-renter tenant base. Strengths: employment A+, commute A-; Watch: amenities C-, cost of living F, health & safety F.
• Huntington Beach Union High (suburban): math 65% / reading 82% proficiency, ranked #39 of 517 in CA (top 8%) — strong family-tenant draw, lease renewals of 3-5y typical.
• Zoned schools: Oka (Isojiro) Elementary (518 students, 27% FRL); Talbert (Samuel E.) Middle (712 students, 19% FRL); Huntington Beach High (math 72% / reading 87%, grade A-, #45 of 1,170 statewide, top 4%, 2,807 students, 32% FRL).
• Market conditions: Rents rising (+1.2%/yr); 120 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 6,974 units permitted in Orange County in 2024 (3,839 in 5+ unit buildings).
• This rent runs 35% of the median local income ($131k/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.
• Orange County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 1.2% rent growth), your $48k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 3y ago; this cycle's ask is 13% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $138k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $170,000

Questions for the listing agent

1. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 2.22% ✓
• Cap rate: 19.02%
• Cash-on-cash: 45.44%
• DSCR: 3.02
• GRM: 3.8

CMA / ARV

• ARV (on-the-fly): $192,000
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
19361 Brookhurst St #120	0.00mi	2/2.0	1,500 (0%)	11mo	$138,000	$92	91
19361 Brookhurst #101	0.00mi	3/2.0 (+1)	1,440 (-4%)	5mo	$208,000	$144	84
19361 Brookhurst St #51	0.00mi	3/2.0 (+1)	1,536 (+2%)	12mo	$161,000	$105	81
19361 Brookhurst St #34	0.07mi	2/2.0	1,404 (-6%)	11mo	$156,000	$111	77
19251 Brookhurst St #95	0.23mi	2/2.0	1,440 (-4%)	11mo	$103,000	$72	74
19251 Brookhurst #69	0.11mi	3/2.0 (+1)	1,347 (-10%)	0mo	$95,000	$71	73
9850 Garfield #129	0.30mi	3/2.0 (+1)	1,560 (+4%)	2mo	$285,000	$183	72
19361 Brookhurst St #33	0.00mi	3/2.0 (+1)	1,680 (+12%)	4mo	$277,365	$165	71
19251 Brookhurst St #22	0.11mi	3/2.0 (+1)	1,344 (-10%)	3mo	$172,000	$128	70
19251 Brookhurst St #71	0.20mi	2/2.0	1,608 (+7%)	10mo	$125,000	$78	70
9850 Garfield Ave #63	0.30mi	3/2.0 (+1)	1,593 (+6%)	12mo	$295,000	$185	61
19350 Ward St #57	0.67mi	3/2.0 (+1)	1,548 (+3%)	6mo	$319,500	$206	53

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 · 1.2% rent growth · sell at horizon

5-year hold

• IRR: 40.5%
• Equity multiple: 2.69×
• Total profit: $80,602
• Equity at exit: $25,348

10-year hold

• IRR: 46.0%
• Equity multiple: 5.03×
• Total profit: $191,700
• 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.

Methodology + full state rankings →

ZIP-level market 92646

• Rents YoY: 1.2%
• Active inventory: 120
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $3,769 high
• Mortgage (P&I): −$891
• Tax est. 1.5%: −$212 /mo · $2,550/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$791
• Net cashflow: $1,802

Break-even live

Break-even rent $1,487

Max offer price $170,000

Occupancy floor 47%

Sensitivity live

Price	-10% $1,920	-5% $1,861	+0% $1,802	+5% $1,744	+10% $1,685
Rent	-10% $1,505	-5% $1,654	+0% $1,802	+5% $1,951	+10% $2,100
Rate	-1.0pp $1,888	-0.5pp $1,846	base $1,802	+0.5pp $1,758	+1.0pp $1,714

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: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
19775 Cambridge Ln Huntington Beach, CA	3.0	2.5	1122	$3,495	$3.11	0d	1	0.38mi
10107 Holburn Dr Huntington Beach, CA	3.0	1.5	1122	$3,500	$3.12	0d	1	0.47mi
9552 Bickley Dr #7 Huntington Beach, CA	3.0	1.5	1100	$3,500	$3.18	0d	1	0.47mi
9582 Pettswood Dr Huntington Beach, CA	3.0	1.5	1174	$3,700	$3.15	18d	1	0.53mi
9582 Pettswood Dr Huntington Beach, CA	3.0	1.5	1178	$3,700	$3.14	20d	1	0.53mi
9727 Adams Ave Huntington Beach, CA	3.0	2.5	1122	$3,300	$2.94	0d	1	0.58mi
10172 Ascot Cir Huntington Beach, CA	3.0	1.5	1122	$4,500	$4.01	0d	1	0.63mi
19343 McLaren Ln Huntington Beach, CA	3.0	2.0	1654	$4,000	$2.42	25d	1	0.87mi
9891 Hot Springs Dr Huntington Beach, CA	3.0	2.0	1494	$7,000	$4.69	0d	1	1.05mi
9595 Toucan Ave Fountain Valley, CA	3.0	2.5	1548	$4,200	$2.71	18d	1	1.18mi
18236 Sanmian Ct Fountain Valley, CA	3.0	3.0	1690	$4,100	$2.43	23d	1	1.20mi
18229 Olympic Ct Fountain Valley, CA	3.0	2.0	1144	$4,300	$3.76	0d	1	1.27mi
8933 Modesto Cir Unit 1215B Huntington Beach, CA	2.0	2.0	1091	$3,200	$2.93	0d	1	1.49mi
8933 Modesto Cir Unit 1215B Huntington Beach, CA	2.0	2.0	1091	$3,200	$2.93	19d	1	1.49mi

Listing history 5 events

1. 2026-06-21
   days on market $170,000 Coming Soon 6 DOM
2. 2026-06-18
   days on market $170,000 Coming Soon 3 DOM
3. 2026-06-17
   days on market $170,000 Coming Soon 2 DOM
4. 2026-06-16
   remarks 684-char remark
5. 2026-06-16
   listed $170,000 Coming Soon 1 DOM

ⓘ 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 5/10 Major FEMA zone X · 24% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥85°F today · 23 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: $45,224
• − Mortgage interest: −$9,523
• − Property taxes: −$2,550
• − Insurance: −$850
• − Repairs & maintenance: −$3,618
• − Management: −$3,618
• − Depreciation: −$4,945
• Taxable income: $20,120
• Est. tax owed @ 24.0%: −$4,829
• After-tax cash flow: $16,800/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: Huntington Beach Union High
• NCES district ID: 0618060
• Math proficiency: 65% ▲ 17.00%
• Reading proficiency: 82% ▲ 8.00%
• Median HH income: $78,159
• Composite: 64.9/100
• National rank: #511
• State rank: #39 of 517 in CA

Livability — Huntington Beach

• Score: 67/100
• State rank: #306
• US rank: #10298

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Huntington Beach, CA
• County: Orange County · 3,096,323 people
• City population: 194,835
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 54,615
• Household income: $130,672
• Rent vs Own: 25.6% rent · 74.4% own
• Severe rent burden: 1226.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 3,477,456 people
• By 2030: 3,613,117 · +3.9%
• By 2040: 3,835,945 · +10.3%
• By 2050: 3,968,736 · +14.1%
• By 2075: 4,097,053 · +17.8%
• By 2100: 3,903,633 · +12.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 63% Hispanic / Latino 16% Asian 13% Two or more races 13%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Italian 3% Romanian 2% Lithuanian 2%
• Foreign-born: 15% · Vietnam, Canada, China
• Languages at home: 80% English-only · Spanish 7% Vietnamese 5% Chinese 2%

Political lean MEDSL · Orange

• 2024 margin: Toss-up / Even · D 49.7% · R 47.1% · Other 3.2%
• 2008→2024 swing: +5.2pp toward D · 2008: -2.6pp · 2024: 2.6pp
• All cycles: 2024: D+2.6 2020: D+9.0 2016: D+7.7 2012: R+8.3 2008: R+2.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1082.92%
• Current HPI: 459.3987
• Rent YoY: ▲ 1.20%
• 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

+6.3% since first listed

16 events — show timeline

• 2026-06-16 Coming Soon $170,000 CRMLS
• 2025-07-18 Sold (MLS) $138,000 CRMLS
• 2025-07-08 Pending — CRMLS
• 2025-07-05 Contingent — CRMLS
• 2025-06-09 Price Changed $143,000 CRMLS
• 2025-02-20 Price Changed $149,990 CRMLS
• 2025-02-18 Price Changed $141,000 CRMLS
• 2025-02-12 Price Changed $135,000 CRMLS
• 2025-02-12 Price Changed $145,000 CRMLS
• 2025-02-10 Relisted — CRMLS
• 2025-02-04 Contingent — CRMLS
• 2025-01-15 Listed $149,990 CRMLS
• 2023-11-30 Listing Removed — CRMLS
• 2023-10-19 Price Changed $149,000 CRMLS
• 2023-07-02 Listed $159,900 CRMLS
• 2023-06-29 Coming Soon — CRMLS

Property tax history

-2.2%/yr

Latest (2025): $79 · -0.4% YoY. Source: county tax records.