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1087 Sunrise Ave
C Composite 55.18
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 +22.7/30.0
  • ARV discount +7.5/15.0
  • DSCR +7.3/10.0
  • 1% rule +6.4/10.0
  • Rent growth +3.6/5.0
  • Livability +3.0/5.0
  • Condition / age +2.5/5.0
  • Schools +2.2/10.0
  • Appreciation +0.0/10.0

$149,000

1087 Sunrise Ave · Twentynine Palms, CA 92277
2 bd · 1.0 ba · 1,289 sqft · SingleFamily public records · 165 Days on market
Built 1958 5.00 ac lot $116/sqft · 50% below area

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

Listing remarks MLS

Moderate Fixer with 3 bedrooms and 2 bath that needs some of that ol' fashioned elbow grease and inner vision of an ideal desert retreat. Zoned Single Family Residential, so there is a possible future as a Short Term Rental. Close to the Marine Base, yet has that remote atmosphere sitting on 5 flat acres in Desert Heights with plenty of privay. Partially fenced.

Key facts

  • Partially fenced
  • 5 flat acres
  • 5 acre lot

Tags

5 FLAT ACRESPARTIALLY FENCED

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 2-bed/1.0-bath single-family listed at $149k.

Deal economics

  • At list price, monthly cash flow is $257 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $149k).
  • Recommended offer: $131k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.4% vs local median 4.1% in Twentynine Palms — 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 59/100 on livability (#622 in CA) — a working-class tenant base; expect higher turnover. Strengths: commute A+, housing A+; Watch: schools D, amenities F, employment D-.
  • Morongo Unified (town): math 15% / reading 38% proficiency, ranked #395 of 517 in CA (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: Rents rising fast (+4.5%/yr); 750 active listings in the ZIP; 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 ($61k/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 $4k 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 165 days — a 12% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 4y ago; this cycle's ask has dropped $36k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
  • 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 $131,120 (12.0% below list)

Questions for the listing agent

  1. It's been on market 165 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  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
1.14%
Cap rate
8.36%
Cash-on-cash
7.39%
DSCR
1.33
GRM
7.3

CMA / ARV

ARV (median comp)
$298,900
List price
$149,000
Delta
-50.15%
Verdict
UNDERPRICED
Comps
5 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.45% rent growth · sell at horizon

5-year hold
IRR
-3.3%
Equity multiple
0.87×
Total profit
$-5,218
Equity at exit
$22,216
10-year hold
IRR
8.1%
Equity multiple
1.66×
Total profit
$27,378
Equity at exit
$12,883

Cash invested: $41,720 (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 92277

Home prices YoY
-3.1%
Rents YoY
4.5%
Active inventory
750
Price-to-rent
7.3×

Monthly cashflow live

Estimated rent
$1,698 medium interval (Pro) →
Mortgage (P&I)
$781
Tax from tax record
$241 /mo · $2,896/yr
Insurance
$62
HOA
$0
Vacancy / Maint / Mgmt
$357
Net cashflow
$257

Break-even live

Break-even rent $1,373
Max offer price $149,000
Occupancy floor 80%

Sensitivity live

Price -10% $341 -5% $299 +0% $257 +5% $215 +10% $172
Rent -10% $123 -5% $190 +0% $257 +5% $324 +10% $391
Rate -1.0pp $332 -0.5pp $295 base $257 +0.5pp $218 +1.0pp $179

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
$37,250
Closing costs
$4,470
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.

Listing history 28 events

  1. 2026-06-21
    days on market $149,000 Active 165 DOM
  2. 2026-06-18
    days on market $149,000 Active 162 DOM
  3. 2026-06-17
    days on market $149,000 Active 161 DOM
  4. 2026-06-16
    days on market $149,000 Active 160 DOM
  5. 2026-06-15
    days on market $149,000 Active 159 DOM
  6. 2026-06-13
    days on market $149,000 Active 157 DOM
  7. 2026-06-13
    pricedays on market $149,000 Active 156 DOM
  8. 2026-06-09
    days on market $160,000 Active 153 DOM
  9. 2026-06-08
    days on market $160,000 Active 152 DOM
  10. 2026-06-07
    days on market $160,000 Active 151 DOM
  11. 2026-06-04
    days on market $160,000 Active 148 DOM
  12. 2026-06-03
    days on market $160,000 Active 147 DOM
  13. 2026-06-02
    days on market $160,000 Active 146 DOM
  14. 2026-06-01
    days on market $160,000 Active 145 DOM
  15. 2026-05-31
    days on market $160,000 Active 144 DOM
  16. 2026-04-20
    price $160,000 364-char remark
    Show marketing remark (364 chars)

    Moderate Fixer with 3 bedrooms and 2 bath that needs some of that ol' fashioned elbow grease and inner vision of an ideal desert retreat. Zoned Single Family Residential, so there is a possible future as a Short Term Rental. Close to the Marine Base, yet has that remote atmosphere sitting on 5 flat acres in Desert Heights with plenty of privay. Partially fenced.

  17. 2026-01-07
    listed $185,000 Active 364-char remark
    Show marketing remark (364 chars)

    Moderate Fixer with 3 bedrooms and 2 bath that needs some of that ol' fashioned elbow grease and inner vision of an ideal desert retreat. Zoned Single Family Residential, so there is a possible future as a Short Term Rental. Close to the Marine Base, yet has that remote atmosphere sitting on 5 flat acres in Desert Heights with plenty of privay. Partially fenced.

  18. 2025-01-08
    historical
  19. 2025-01-03
    listed $249,000 Active
  20. 2023-10-19
    historical
  21. 2023-09-28
    listed $249,900 Active
  22. 2022-08-05
    price $1,000
  23. 2022-08-03
    historical
  24. 2022-07-06
    price $239,000
  25. 2022-06-03
    price $249,000
  26. 2022-04-22
    listed $250,000 Active
  27. 2006-08-14
    soldstatus $152,000
  28. 2006-08-14
    soldstatus $152,000

ⓘ 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
$2,896 · $241/mo
Projected year-2 tax
$2,896 · $241/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 D · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 5/10 Major 8 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
$20,378
− Mortgage interest
−$8,346
− Property taxes
−$2,896
− Insurance
−$745
− Repairs & maintenance
−$1,630
− Management
−$1,630
− Depreciation
−$4,335
Taxable income
$796
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$191
After-tax cash flow
$2,890/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
Morongo Unified
NCES district ID
0625860
Math proficiency
15% ▼ -12.00%
Reading proficiency
38% ▼ -3.00%
Median HH income
$39,399
Composite
22.19/100
National rank
#8156
State rank
#395 of 517 in CA

Livability — Twentynine Palms

Score
59/100
State rank
#622
US rank
#19731

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
San Bernardino County · 2,030,291 people
City population
26,277
Metro
Riverside-San Bernardino-Ontario, CA
Population (ZIP)
26,277
Household income
$60,901
Rent vs Own
56.7% rent · 43.3% own
Severe rent burden
1057.0

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
Diverse neighborhood (Simpson 0.70)
Race & ethnicity
White 49% Two or more races 24% Hispanic / Latino 24% Black 9% Asian 4% Pacific Islander 1% Native American 1%
Hispanic origin (detail)
Mexican 20%
Common ancestry
Italian 5% Lithuanian 3% Slovak 3%
Foreign-born
9% · Canada, China, South Korea
Languages at home
81% English-only · Spanish 12% Other Asian/Pacific 2% 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
▼ -12.15%
Current HPI
380.5083
Rent YoY
▲ 4.45%
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

Price history

+5.3% since first listed
13 events — show timeline
  • 2026-04-20 Price Changed $160,000 CRMLS
  • 2026-01-07 Listed $185,000 CRMLS
  • 2025-01-08 Listing Removed CRMLS
  • 2025-01-03 Listed $249,000 CRMLS
  • 2023-10-19 Listing Removed CRMLS
  • 2023-09-28 Listed $249,900 CRMLS
  • 2022-08-05 Price Changed $1,000 RENT.
  • 2022-08-03 Listing Removed CRMLS
  • 2022-07-06 Price Changed $239,000 CRMLS
  • 2022-06-03 Price Changed $249,000 CRMLS
  • 2022-04-22 Listed $250,000 CRMLS
  • 2006-08-14 Sold (Public Records) $152,000 Public Records
  • 2006-08-14 Sold (Public Records) $152,000 Public Records

Property tax history

+4.0%/yr

Latest (2025): $2,896 · +19.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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