1725 Linnet · Wrightwood, CA 92397

$418,000

3 bd · 2.0 ba · 1,836 sqft · SingleFamily public records · 210 Days on market

Built 1976 4,800 sqft lot $228/sqft · 14% below area Est $484k · 14% under

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Why this score? — see what drove the D+ 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).

• ARV discount +13.6/15.0
• Cash flow +12.5/30.0
• DSCR +3.7/10.0
• Schools +3.7/10.0
• 1% rule +2.8/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +1.9/10.0

Listing remarks MLS

Big price improvement! Check out this spacious 3 bedroom 2 bath single family home in the mountain community of Wrightwood offering 1,836 +/- square feet of living space. This 2-story home was just refreshed with new white interior paint downstairs (photos updated) and is incredibly inviting upon arriving with its raised and oversized front covered deck/porch to enjoy the smell and sounds of the mountains. The lowest ground level has a workshop space that can easily be converted back to the single car garage from when the home was built. You enter the home into a large living room that wraps around to the dining room, rear sun room and full kitchen. Additionally there's one bedroom and full bathroom downstairs as well as the laundry room with storage. Upstairs are two good sized bedrooms that benefit from extra large closet spaces. This home can retain its charm and be updated by updating interior paint and flooring. The backyard offers a fenced backyard with several pine trees and a serene, quiet environment to call home. The home is located not too far from downtown Wrightwood with great places to shop and eat as well as the ski resort. Wrightwood is a perfectly placed small community that offers convenient access to highways and freeways for commuting.

Key facts

• Workshop space
• Front covered deck
• Several pine trees

Tags

• FRONT COVERED DECK
• WORKSHOP SPACE
• FENCED BACKYARD
• SEVERAL PINE TREES
• QUIET ENVIRONMENT
• CONVENIENT ACCESS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $418k.

Deal economics

• At list price, monthly cash flow is $-379 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $351k (16.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $327k (21.7% below list).
• Recommended offer: $327k (21.7% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 4.1% in Wrightwood — 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 49/100 on livability (#1,155 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A-, employment B; Watch: amenities F, commute F, cost of living F.
• Snowline Joint Unified (rural): math 34% / reading 44% proficiency, ranked #722 of 1,400 in CA (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 104 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k 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.

Negotiation context

• It's been on market 210 days — a 12% lower offer ($368k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 24y ago; this cycle's ask has dropped $32k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $203k; list at $418k implies a 106% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $314/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $327,279 (21.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 210 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
3. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 0.78% ✗
• Cap rate: 6.11%
• Cash-on-cash: -0.66%
• DSCR: 0.97
• GRM: 10.6

CMA / ARV

• ARV (median comp): $483,781
• List price: $418,000
• Delta: -13.60%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1799 Betty St	0.13mi	3/2.0	1,876 (+2%)	7mo	$495,000	$264	84
1686 Blackbird Rd	0.11mi	3/2.0	1,900 (+4%)	12mo	$447,500	$236	79
1876 Sparrow Rd	0.21mi	3/2.0	1,768 (-4%)	7mo	$497,000	$281	78
5726 Lodgepole Dr	0.39mi	3/2.0	1,818 (-1%)	5mo	$460,000	$253	76
5747 Lodgepole	0.44mi	2/2.0 (-1)	1,864 (+2%)	2mo	$432,400	$232	70
1792 Ash	0.29mi	3/2.5	1,994 (+9%)	1mo	$497,950	$250	70
1818 Irene St	0.17mi	2/2.0 (-1)	1,729 (-6%)	11mo	$325,000	$188	68
5617 Dogwood Rd	0.42mi	3/2.5	1,793 (-2%)	10mo	$470,000	$262	66
1680 Betty St	0.17mi	3/2.5	1,645 (-10%)	10mo	$460,000	$280	64
1235 Lark Rd	0.68mi	4/2.5 (+1)	1,848 (+1%)	10mo	$490,000	$265	52
1329 Helen St	0.62mi	4/2.0 (+1)	1,709 (-7%)	6mo	$416,000	$243	49
5435 Heath Creek Dr	0.47mi	3/2.5	1,583 (-14%)	6mo	$455,000	$287	48

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: -22.8%
• Equity multiple: 0.22×
• Total profit: $-91,750
• Equity at exit: $62,325

10-year hold

• IRR: -17.1%
• Equity multiple: 0.06×
• Total profit: $-110,553
• Equity at exit: $36,141

Cash invested: $117,040 (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 92397

• Home prices YoY: -2.0%
• Active inventory: 104
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $3,273 high
• Mortgage (P&I): −$2,192
• Tax from tax record: −$284 /mo · $3,410/yr
• Insurance: −$174
• Flood insurance flood zone: −$314 /mo · $3,765/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$687
• Net cashflow: $-379

Break-even live

Break-even rent $3,752

Max offer price $351,123

Occupancy floor —

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: $104,500
• Closing costs: $12,540
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1668 Highway 2 Wrightwood, CA	3.0	2.0	1629	$4,200	$2.58	1d	1	0.39mi
1197 Oriole Rd Wrightwood, CA	4.0	2.5	2474	$2,800	$1.13	12d	1	0.71mi
1155 Lark Dr Wrightwood, CA	4.0	1.5	1518	$3,000	$1.98	4d	1	0.80mi
6078 Spruce St Unit C Wrightwood, CA	2.0	1.5	1320	$1,700	$1.29	15d	1	0.91mi
959 Quail Rd Wrightwood, CA	3.0	2.0	1782	$3,200	$1.80	12d	1	0.98mi

Listing history 19 events

1. 2026-06-17
   days on market $418,000 Active 210 DOM
2. 2026-06-16
   days on market $418,000 Active 209 DOM
3. 2026-06-15
   days on market $418,000 Active 208 DOM
4. 2026-06-13
   days on market $418,000 Active 206 DOM
5. 2026-06-09
   days on market $418,000 Active 202 DOM
6. 2026-06-08
   days on market $418,000 Active 201 DOM
7. 2026-06-07
   days on market $418,000 Active 200 DOM
8. 2026-06-04
   days on market $418,000 Active 197 DOM
9. 2026-06-03
   days on market $418,000 Active 196 DOM
10. 2026-06-02
    days on market $418,000 Active 195 DOM
11. 2026-06-01
    days on market $418,000 Active 194 DOM
12. 2026-05-31
    days on market $418,000 Active 193 DOM
13. 2026-05-18
    price $418,000 1276-char remark

    Show marketing remark (1276 chars)

    Big price improvement! Check out this spacious 3 bedroom 2 bath single family home in the mountain community of Wrightwood offering 1,836 +/- square feet of living space. This 2-story home was just refreshed with new white interior paint downstairs (photos updated) and is incredibly inviting upon arriving with its raised and oversized front covered deck/porch to enjoy the smell and sounds of the mountains. The lowest ground level has a workshop space that can easily be converted back to the single car garage from when the home was built. You enter the home into a large living room that wraps around to the dining room, rear sun room and full kitchen. Additionally there's one bedroom and full bathroom downstairs as well as the laundry room with storage. Upstairs are two good sized bedrooms that benefit from extra large closet spaces. This home can retain its charm and be updated by updating interior paint and flooring. The backyard offers a fenced backyard with several pine trees and a serene, quiet environment to call home. The home is located not too far from downtown Wrightwood with great places to shop and eat as well as the ski resort. Wrightwood is a perfectly placed small community that offers convenient access to highways and freeways for commuting.

14. 2026-04-10
    price $429,900 1276-char remark

    Show marketing remark (1276 chars)

    Big price improvement! Check out this spacious 3 bedroom 2 bath single family home in the mountain community of Wrightwood offering 1,836 +/- square feet of living space. This 2-story home was just refreshed with new white interior paint downstairs (photos updated) and is incredibly inviting upon arriving with its raised and oversized front covered deck/porch to enjoy the smell and sounds of the mountains. The lowest ground level has a workshop space that can easily be converted back to the single car garage from when the home was built. You enter the home into a large living room that wraps around to the dining room, rear sun room and full kitchen. Additionally there's one bedroom and full bathroom downstairs as well as the laundry room with storage. Upstairs are two good sized bedrooms that benefit from extra large closet spaces. This home can retain its charm and be updated by updating interior paint and flooring. The backyard offers a fenced backyard with several pine trees and a serene, quiet environment to call home. The home is located not too far from downtown Wrightwood with great places to shop and eat as well as the ski resort. Wrightwood is a perfectly placed small community that offers convenient access to highways and freeways for commuting.

15. 2025-11-19
    listed $449,900 Active 1276-char remark

    Show marketing remark (1276 chars)

    Big price improvement! Check out this spacious 3 bedroom 2 bath single family home in the mountain community of Wrightwood offering 1,836 +/- square feet of living space. This 2-story home was just refreshed with new white interior paint downstairs (photos updated) and is incredibly inviting upon arriving with its raised and oversized front covered deck/porch to enjoy the smell and sounds of the mountains. The lowest ground level has a workshop space that can easily be converted back to the single car garage from when the home was built. You enter the home into a large living room that wraps around to the dining room, rear sun room and full kitchen. Additionally there's one bedroom and full bathroom downstairs as well as the laundry room with storage. Upstairs are two good sized bedrooms that benefit from extra large closet spaces. This home can retain its charm and be updated by updating interior paint and flooring. The backyard offers a fenced backyard with several pine trees and a serene, quiet environment to call home. The home is located not too far from downtown Wrightwood with great places to shop and eat as well as the ski resort. Wrightwood is a perfectly placed small community that offers convenient access to highways and freeways for commuting.

16. 2003-03-20
    soldstatus $203,000 352-char remark

    Show marketing remark (352 chars)

    IF YOU'RE LOOKING FOR EITHER A MOUNTAIN RETREAT OR A YEAR ROUND HOME THEN THIS HOME IS FOR YOU. LOCATED IN THE BEAUTIFUL TOWN OF WRIGHTWOOD JUST A SHORT 45 MINUTE DRIVE FROM THE INLAND EMPIRE. LARGE HOME NESTELED AMOUNG THE TREES. JUST PAINTED INSIDE AND OUT. NEW CARPET, NEW TILE, INDOOR LAUNDRY, VERY LARGE FAMILY ROOM AND BEDROOMS AND MUCH MORE!!!!

17. 2003-03-19
    soldstatus $202,000
18. 2003-03-19
    soldstatus $202,000
19. 2002-10-19
    listed $219,000 352-char remark

    Show marketing remark (352 chars)

    IF YOU'RE LOOKING FOR EITHER A MOUNTAIN RETREAT OR A YEAR ROUND HOME THEN THIS HOME IS FOR YOU. LOCATED IN THE BEAUTIFUL TOWN OF WRIGHTWOOD JUST A SHORT 45 MINUTE DRIVE FROM THE INLAND EMPIRE. LARGE HOME NESTELED AMOUNG THE TREES. JUST PAINTED INSIDE AND OUT. NEW CARPET, NEW TILE, INDOOR LAUNDRY, VERY LARGE FAMILY ROOM AND BEDROOMS AND MUCH MORE!!!!

ⓘ 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: $3,410 · $284/mo
• Projected year-2 tax: $3,410 · $284/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone A · 0% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 2/10 Low 4 d/yr ≥86°F today · 8 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 26 unhealthy d/yr today · 30 by 30 yrs out

Taxation est. · year 1

• Rental income: $39,273
• − Mortgage interest: −$23,414
• − Property taxes: −$3,410
• − Insurance: −$5,855
• − Repairs & maintenance: −$3,142
• − Management: −$3,142
• − Depreciation: −$12,160
• Taxable loss: −$11,849
• Est. tax savings @ 24.0%: +$2,844
• After-tax cash flow: $-1,699/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: Snowline Joint Unified
• NCES district ID: 0636970
• Math proficiency: 34% ▲ 1.00%
• Reading proficiency: 44% ▬ 0.00%
• Median HH income: $57,625
• Composite: 36.84/100
• National rank: #9157
• State rank: #722 of 1400 in CA

Livability — Wrightwood

• Score: 49/100
• State rank: #1155
• US rank: #25815

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wrightwood, CA
• Population (ZIP): 5,699

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 White (75%)
• Race & ethnicity: White 75% Hispanic / Latino 16% Two or more races 7% Asian 4% Native American 2% Pacific Islander 1%
• Hispanic origin (detail): Mexican 12% Salvadoran 1%
• Common ancestry: Iranian 5% Romanian 3% Portuguese 3%
• Foreign-born: 14% · Canada, Dominican Republic
• Languages at home: 87% English-only · Spanish 12% German/W. Germanic 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: ▼ -6.26%
• Current HPI: 304.3802
• Rent YoY: —
• Metro: —
• 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

+90.9% since first listed

7 events — show timeline

• 2026-05-18 Price Changed $418,000 CRMLS
• 2026-04-10 Price Changed $429,900 CRMLS
• 2025-11-19 Listed $449,900 CRMLS
• 2003-03-20 Sold (MLS) $203,000 CRMLS
• 2003-03-19 Sold (Public Records) $202,000 Public Records
• 2003-03-19 Sold (MLS) $202,000 CRMLS
• 2002-10-19 Listed $219,000 CRMLS

Property tax history

+2.5%/yr

Latest (2025): $3,410 · +7.1% YoY. Source: county tax records.