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3255 E Avenue R #53
C Composite 58.88
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
  • DSCR +10.0/10.0
  • 1% rule +8.2/10.0
  • Rent growth +2.9/5.0
  • Livability +2.8/5.0
  • Schools +2.5/10.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$184,999

3255 E Avenue R #53 · Palmdale, CA 93550
3 bd · 2.0 ba · 960 sqft · Manufactured public records · 351 Days on market
Built 2005 Est $148k · 25% over

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

Listing remarks MLS

Now available in Palmdale, this beautifully maintained 3-bedroom, 2-bathroom home offers 960 square feet of comfortable and functional living space. Step inside to find a warm and inviting interior featuring wood-style flooring and an open-concept layout that seamlessly connects the living, dining, and kitchen areas—ideal for both daily living and entertaining. The kitchen is equipped with ample cabinetry and granite-style countertops, offering plenty of workspace for meal preparation. The bedrooms are well-proportioned and thoughtfully laid out, providing comfort and flexibility whether you're setting up a primary suite, guest room, or home office. Outside, the property features a freshly painted exterior and a large covered patio, perfect for relaxing or hosting gatherings. The backyard includes one detached shed, offering convenient additional storage, along with a dedicated storage area that adds to the home's overall usability.

Key facts

  • Ample cabinetry
  • Large covered patio
  • Detached shed

Tags

WOOD-STYLE FLOORINGOPEN-CONCEPT LAYOUTAMPLE CABINETRYGRANITE-STYLE COUNTERTOPSLARGE COVERED PATIODETACHED SHED

Property features AI

Finance

  • Other: Pets not allowed; Located between E Palmdale Blvd and E Ave R
  • HOA & community: Community park

Exterior

  • Parking: Attached carport
  • Utilities: 220V electrical throughout; Standard electric service; Public sewer; District/public water
  • Home design: Mobile home (12' x 40'); Updated/remodeled; Living area estimated; Located in a park (Mountain View States)
  • Construction: Mobile construction; Year built: see remarks
  • Exterior features: Front porch; No pool; No fencing; No sprinklers

Interior

  • Kitchen: Gas cooktop; Microwave
  • Bedrooms: Double-wide (mobile) — 12' x 40'
  • Flooring: Laminate flooring; Tile flooring
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central air conditioning; Central furnace heating
  • Interior features: Updated/remodeled condition; Central cooling; Central furnace heating
  • Laundry & utility: Indoor laundry

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 3-bed/2.0-bath manufactured listed at $185k.

Deal economics

  • At list price, monthly cash flow is $840 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $185k).
  • Recommended offer: $163k (12.0% below list) — sets the bar for market timing.
  • Cap rate 11.7% vs local median 4.5% in Palmdale — 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 55/100 on livability (#861 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: schools F, crime F, amenities F.
  • Palmdale Elementary (suburban): math 20% / reading 31% proficiency, ranked #1,147 of 1,400 in CA (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+1.8%/yr); 410 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
  • At $2,434/mo this rent would consume 47% of the median local household income ($62k/yr) (locally 4384% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 + 1.8% rent growth), your $52k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 351 days — a 12% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 10y ago; this cycle's ask has dropped $15k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $48k; list at $185k implies a 289% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk; extreme-heat days projected 4→9/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $162,799 (12.0% below list)

Questions for the listing agent

  1. It's been on market 351 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  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
1.32%
Cap rate
11.74%
Cash-on-cash
19.46%
DSCR
1.87
GRM
6.3

CMA / ARV

ARV (on-the-fly)
$147,840
Comps found
8
Show comp detail 8 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3255 E Ave R #168 0.00mi 3/2.0 960 (0%) 10mo $145,000 $151 92
3255 E Ave R #177 0.07mi 3/2.0 1,020 (+6%) 8mo $159,900 $157 80
3255 E Avenue R #27 0.00mi 2/2.0 (-1) 1,020 (+6%) 12mo $125,000 $123 75
3255 E Avenue R #90 0.00mi 2/2.0 (-1) 840 (-12%) 2mo $160,000 $190 73
3524 E Avenue R #246 0.33mi 3/2.0 1,008 (+5%) 13mo $155,000 $154 66
3524 E Avenue R Spc 312 0.33mi 3/2.0 1,104 (+15%) 1mo $173,000 $157 59
3524 Avenue R #76 0.33mi 3/2.0 1,080 (+12%) 16mo $165,000 $153 51
3524 E R #76 0.50mi 3/2.0 1,080 (+12%) 16mo $165,000 $153 43

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 · 1.76% rent growth · sell at horizon

5-year hold
IRR
10.1%
Equity multiple
1.39×
Total profit
$20,446
Equity at exit
$27,584
10-year hold
IRR
18.3%
Equity multiple
2.44×
Total profit
$74,356
Equity at exit
$15,995

Cash invested: $51,800 (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 93550

Home prices YoY
-29.4%
Rents YoY
1.8%
Active inventory
410
Price-to-rent
6.3×

Monthly cashflow live

Estimated rent
$2,434 high interval (Pro) →
Mortgage (P&I)
$970
Tax from tax record
$36 /mo · $428/yr
Insurance
$77
HOA
$0
Vacancy / Maint / Mgmt
$511
Net cashflow
$840

Break-even live

Break-even rent $1,371
Max offer price $184,999
Occupancy floor 60%

Sensitivity live

Price -10% $945 -5% $892 +0% $840 +5% $788 +10% $735
Rent -10% $648 -5% $744 +0% $840 +5% $936 +10% $1,032
Rate -1.0pp $933 -0.5pp $887 base $840 +0.5pp $792 +1.0pp $743

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
$46,250
Closing costs
$5,550
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 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
38300 30th St E Palmdale, CA 1.0–2.0 1.0–2.0 796 $2,100 $2.64 2d 7 0.23mi
38121 25th St E Palmdale, CA 1.0–2.0 1.0–2.0 840 $2,100 $2.50 2d 7 0.93mi
4022 Karling Pl Unit B Palmdale, CA 2.0 1.0 600 $1,695 $2.83 2d 1 1.10mi
38657 Ladelle Ave Palmdale, CA 3.0 1.0 1014 $2,800 $2.76 17d 1 1.44mi
38657 Ladelle Ave Palmdale, CA 3.0 1.0 1014 $2,600 $2.56 2d 1 1.44mi
2554 Olive Dr Palmdale, CA 2.0 2.0 831 $1,775 $2.13 7d 2 1.50mi

Listing history 24 events

  1. 2026-06-18
    days on market $184,999 Active 351 DOM
  2. 2026-06-17
    days on market $184,999 Active 350 DOM
  3. 2026-06-16
    days on market $184,999 Active 349 DOM
  4. 2026-06-15
    days on market $184,999 Active 348 DOM
  5. 2026-06-13
    days on market $184,999 Active 346 DOM
  6. 2026-06-13
    days on market $184,999 Active 345 DOM
  7. 2026-06-09
    days on market $184,999 Active 342 DOM
  8. 2026-06-08
    days on market $184,999 Active 341 DOM
  9. 2026-06-07
    days on market $184,999 Active 340 DOM
  10. 2026-06-04
    days on market $184,999 Active 337 DOM
  11. 2026-06-03
    days on market $184,999 Active 336 DOM
  12. 2026-06-02
    days on market $184,999 Active 335 DOM
  13. 2026-06-01
    days on market $184,999 Active 334 DOM
  14. 2026-05-31
    days on market $184,999 Active 333 DOM
  15. 2026-01-12
    price $184,999 952-char remark
    Show marketing remark (952 chars)

    Now available in Palmdale, this beautifully maintained 3-bedroom, 2-bathroom home offers 960 square feet of comfortable and functional living space. Step inside to find a warm and inviting interior featuring wood-style flooring and an open-concept layout that seamlessly connects the living, dining, and kitchen areas—ideal for both daily living and entertaining. The kitchen is equipped with ample cabinetry and granite-style countertops, offering plenty of workspace for meal preparation. The bedrooms are well-proportioned and thoughtfully laid out, providing comfort and flexibility whether you're setting up a primary suite, guest room, or home office. Outside, the property features a freshly painted exterior and a large covered patio, perfect for relaxing or hosting gatherings. The backyard includes one detached shed, offering convenient additional storage, along with a dedicated storage area that adds to the home's overall usability.

  16. 2026-01-12
    price $184,999
    Show marketing remark (952 chars)

    Now available in Palmdale, this beautifully maintained 3-bedroom, 2-bathroom home offers 960 square feet of comfortable and functional living space. Step inside to find a warm and inviting interior featuring wood-style flooring and an open-concept layout that seamlessly connects the living, dining, and kitchen areas—ideal for both daily living and entertaining. The kitchen is equipped with ample cabinetry and granite-style countertops, offering plenty of workspace for meal preparation. The bedrooms are well-proportioned and thoughtfully laid out, providing comfort and flexibility whether you're setting up a primary suite, guest room, or home office. Outside, the property features a freshly painted exterior and a large covered patio, perfect for relaxing or hosting gatherings. The backyard includes one detached shed, offering convenient additional storage, along with a dedicated storage area that adds to the home's overall usability.

  17. 2025-07-02
    listed $200,000 Active 952-char remark
    Show marketing remark (952 chars)

    Now available in Palmdale, this beautifully maintained 3-bedroom, 2-bathroom home offers 960 square feet of comfortable and functional living space. Step inside to find a warm and inviting interior featuring wood-style flooring and an open-concept layout that seamlessly connects the living, dining, and kitchen areas—ideal for both daily living and entertaining. The kitchen is equipped with ample cabinetry and granite-style countertops, offering plenty of workspace for meal preparation. The bedrooms are well-proportioned and thoughtfully laid out, providing comfort and flexibility whether you're setting up a primary suite, guest room, or home office. Outside, the property features a freshly painted exterior and a large covered patio, perfect for relaxing or hosting gatherings. The backyard includes one detached shed, offering convenient additional storage, along with a dedicated storage area that adds to the home's overall usability.

  18. 2025-07-02
    listed $200,000 Active
    Show marketing remark (952 chars)

    Now available in Palmdale, this beautifully maintained 3-bedroom, 2-bathroom home offers 960 square feet of comfortable and functional living space. Step inside to find a warm and inviting interior featuring wood-style flooring and an open-concept layout that seamlessly connects the living, dining, and kitchen areas—ideal for both daily living and entertaining. The kitchen is equipped with ample cabinetry and granite-style countertops, offering plenty of workspace for meal preparation. The bedrooms are well-proportioned and thoughtfully laid out, providing comfort and flexibility whether you're setting up a primary suite, guest room, or home office. Outside, the property features a freshly painted exterior and a large covered patio, perfect for relaxing or hosting gatherings. The backyard includes one detached shed, offering convenient additional storage, along with a dedicated storage area that adds to the home's overall usability.

  19. 2016-10-11
    historical 186-char remark
    Show marketing remark (186 chars)

    Beautiful and tastefully decorated 3 bed/2 bath home located in quiet mobile home park. HOme is near shopping center parks and schools. Very neat and clean. Home is lovely inside and out

  20. 2016-10-03
    soldstatus $47,500 Closed 186-char remark
    Show marketing remark (186 chars)

    Beautiful and tastefully decorated 3 bed/2 bath home located in quiet mobile home park. HOme is near shopping center parks and schools. Very neat and clean. Home is lovely inside and out

  21. 2016-06-25
    status Pending 186-char remark
    Show marketing remark (186 chars)

    Beautiful and tastefully decorated 3 bed/2 bath home located in quiet mobile home park. HOme is near shopping center parks and schools. Very neat and clean. Home is lovely inside and out

  22. 2016-03-11
    listed $45,000 Active 186-char remark
    Show marketing remark (186 chars)

    Beautiful and tastefully decorated 3 bed/2 bath home located in quiet mobile home park. HOme is near shopping center parks and schools. Very neat and clean. Home is lovely inside and out

  23. 2016-02-18
    historical
  24. 2016-02-17
    listed $45,000 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
$428 · $36/mo
Projected year-2 tax
$1,406 · $117/mo
Expected delta
+$978/yr (+$81/mo · 228.3%)

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 7/10 Severe
  • 🌡 Heat 6/10 Major 4 d/yr ≥100°F today · 9 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 10/10 Extreme 25 unhealthy d/yr today · 29 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$29,211
− Mortgage interest
−$10,363
− Property taxes
−$428
− Insurance
−$925
− Repairs & maintenance
−$2,337
− Management
−$2,337
− Depreciation
−$5,382
Taxable income
$7,439
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,785
After-tax cash flow
$8,296/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
Palmdale Elementary
NCES district ID
0629580
Math proficiency
20% ▲ 1.00%
Reading proficiency
31% ▲ 1.00%
Median HH income
$48,652
Composite
25.34/100
National rank
#12888
State rank
#1147 of 1400 in CA

Livability — Palmdale

Score
55/100
State rank
#861
US rank
#23501

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Palmdale, CA
County
Los Angeles County · 9,444,647 people
City population
177,644
Metro
Los Angeles-Long Beach-Anaheim, CA
Population (ZIP)
80,645
Household income
$62,078
Rent vs Own
48.8% rent · 51.2% own
Severe rent burden
4384.0

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
Predominantly Hispanic (69%)
Race & ethnicity
Hispanic / Latino 69% Two or more races 15% Black 14% White 12% Asian 3% Native American 2%
Hispanic origin (detail)
Mexican 52%
Foreign-born
26% · Canada
Languages at home
42% English-only · Spanish 55% Tagalog/Filipino 1% Other Asian/Pacific 1%

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
▼ -183.38%
Current HPI
440.8844
Rent YoY
▲ 1.76%
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

+311.1% since first listed
10 events — show timeline
  • 2026-01-12 Price Changed $184,999 AVMLS
  • 2026-01-12 Price Changed $184,999 CRMLS
  • 2025-07-02 Listed $200,000 CRMLS
  • 2025-07-02 Listed $200,000 AVMLS
  • 2016-10-11 Listing Removed AVMLS
  • 2016-10-03 Sold (MLS) $47,500 AVMLS
  • 2016-06-25 Pending AVMLS
  • 2016-03-11 Listed $45,000 AVMLS
  • 2016-02-18 Listing Removed AVMLS
  • 2016-02-17 Listed $45,000 AVMLS

Property tax history

+5.1%/yr

Latest (2025): $428 · +5.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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