3255 E Avenue R #53 · Palmdale, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 7/10 · Major
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 6/10 · Moderate
- Hot days now (above 100°F)
- 4 days/yr
- Hot days in 30 yrs
- 9 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 10/10 · Severe
- Unhealthy air days now
- 25 days/yr
- Unhealthy air days in 30 yrs
- 29 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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
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.
Questions for the listing agent
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- 10.1%
- Equity multiple
- 1.39×
- Total profit
- $20,446
- Equity at exit
- $27,584
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $184,999 Active 351 DOM
-
2026-06-17days on market $184,999 Active 350 DOM
-
2026-06-16days on market $184,999 Active 349 DOM
-
2026-06-15days on market $184,999 Active 348 DOM
-
2026-06-13days on market $184,999 Active 346 DOM
-
2026-06-13days on market $184,999 Active 345 DOM
-
2026-06-09days on market $184,999 Active 342 DOM
-
2026-06-08days on market $184,999 Active 341 DOM
-
2026-06-07days on market $184,999 Active 340 DOM
-
2026-06-04days on market $184,999 Active 337 DOM
-
2026-06-03days on market $184,999 Active 336 DOM
-
2026-06-02days on market $184,999 Active 335 DOM
-
2026-06-01days on market $184,999 Active 334 DOM
-
2026-05-31days on market $184,999 Active 333 DOM
-
2026-01-12price $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.
-
2026-01-12price $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.
-
2025-07-02$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.
-
2025-07-02$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.
-
2016-10-11historical 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
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2016-10-03soldstatus $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
-
2016-06-25status 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
-
2016-03-11$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
-
2016-02-18historical
-
2016-02-17$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
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Technology | 27 | $1,492B |
|
||
| Financial Services | 3 | $174B |
|
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| Retail | 3 | $44B |
|
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| Insurance | 3 | $26B |
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| Media / Entertainment | 2 | $115B |
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
+311.1% since first listed10 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%/yrLatest (2025): $428 · +5.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…