200 San Bernardino Ave #46 · Rialto, CA 92376

$172,800

3 bd · 2.0 ba · 1,440 sqft · Manufactured · 30 Days on market

Built 1979 Est $184k · 6% 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 +10.3/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +3.1/10.0
• Livability +3.0/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Rialto, Ca. 200 W San Bernardino Ave SP 46. 2 Bedroom/ 2 Bath Mobile Home for sale in the Capri Rialto Mobile Home Estates. Home is Located on a corner lot, Park is a 55+ age park. Space rent $883. per month. Home is a Fixer. Centrally located close to Freeways, shopping, business's, park, and churches. Your opportunity to purchase your own home and fix to your desire. Probate with full authority. Home sold 'AS-IS'. Seller will make no repairs. Seller and/or agent make no warranties. All information deem accurate however buyer to do their own investigations to satisfy themselves. Sale Contingent on buyer obtaining park approval. Park amenities include a community clubhouse and pool. Re: Offer: Good faith deposit must be 10%. along with proof of funds. Don't wait call your agent today. Thank you.

Key facts

• Community pool
• Built 1979
• Listed 30 days

Property features AI

Finance

• Other: Directions: NW corner of San Bernardino Ave. & Riverside Ave.
• Financial info: Land lease of $850 per month (park)
• HOA & community: Senior community; Park name: Capri Rialto Mobile Estates; Curbs in the community; Manager approval required

Exterior

• Parking: Carport with unassigned parking spaces
• Utilities: Public sewer; Other water source
• Home design: Mobile home (24' x 60') — mobile home remains; Single-story property; Entry at front door
• Construction: Year built: other (source indicates 'Other')
• Exterior features: Front porch; Community pool; Corner lot; Level/flat lot; Near public transit; No landscaping; Has view

Interior

• Kitchen: Quartz countertops; Kitchen island; Self-closing drawers; Garbage disposal; Microwave; Gas range and gas oven; Water line to refrigerator; Dishwasher; Gas water heater
• Bedrooms: Bedrooms located on the main level
• Flooring: Carpet; Laminate flooring
• Bathrooms: Two full bathrooms; Combination of walk-in shower and shower in tub; includes bathtub
• Heating & cooling: Central furnace heating
• Interior features: One-level home with front door entry; Kitchen open to family room; All bedrooms on the main level; Laundry room inside
• Laundry & utility: Inside laundry

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $173k.

Deal economics

• At list price, monthly cash flow is $1k ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $173k).
• Recommended offer: $170k (1.5% below list) — sets the bar for market timing.
• Cap rate 13.3% vs local median 3.5% in Rialto — 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 60/100 on livability (#598 in CA) — a middle-class / working-renter tenant base. Strengths: housing A+, commute A-; Watch: schools F, crime F, amenities D-.
• Rialto Unified (suburban): math 25% / reading 46% proficiency, ranked #268 of 517 in CA (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.6%/yr); 144 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 69% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).
• This rent runs 42% of the median local income ($80k/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.
• San Bernardino County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 1.6% rent growth), your $48k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $65k; list at $173k implies a 166% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $170,208 (1.5% below list)

Questions for the listing agent

1. Built in 1979 — 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 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.61% ✓
• Cap rate: 13.27%
• Cash-on-cash: 24.94%
• DSCR: 2.11
• GRM: 5.2

CMA / ARV

• ARV (on-the-fly): $184,320
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
200 W San Bernardino Ave #46	0.00mi	2/2.0 (-1)	1,440 (0%)	4mo	$65,000	$45	92
200 San Bernardino #47	0.01mi	2/2.0 (-1)	1,440 (0%)	8mo	$140,000	$97	88
200 W San Bernardino Ave #100	0.01mi	3/2.0	1,375 (-4%)	7mo	$210,000	$153	86
200 W San Bernardino Ave #35	0.06mi	2/2.0 (-1)	1,442 (+0%)	13mo	$162,000	$112	81
1025 S Riverside Ave #20	0.31mi	3/2.0	1,440 (0%)	18mo	$185,000	$128	70
1155 S RIVERSIDE Dr #7	0.27mi	2/2.0 (-1)	1,300 (-10%)	2mo	$170,000	$131	64
1155 S Riverside Ave #113	0.28mi	3/2.0	1,493 (+4%)	22mo	$190,000	$127	63
1155 S Riverside Ave #112	0.28mi	4/2.0 (+1)	1,380 (-4%)	16mo	$212,000	$154	62
1025 S Riverside Ave #66	0.32mi	3/2.0	1,248 (-13%)	2mo	$165,000	$132	61
1166 S Riverside #81	0.10mi	4/2.0 (+1)	1,568 (+9%)	22mo	$194,999	$124	57

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 · 1.59% rent growth · sell at horizon

5-year hold

• IRR: 16.8%
• Equity multiple: 1.67×
• Total profit: $32,179
• Equity at exit: $25,765

10-year hold

• IRR: 24.3%
• Equity multiple: 2.97×
• Total profit: $95,107
• Equity at exit: $14,941

Cash invested: $48,384 (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 92376

• Rents YoY: 1.6%
• Active inventory: 144
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $2,784 high
• Mortgage (P&I): −$906
• Tax est. 1.5%: −$216 /mo · $2,592/yr
• Insurance: −$72
• HOA: −$0
• Vacancy / Maint / Mgmt: −$585
• Net cashflow: $1,005

Break-even live

Break-even rent $1,512

Max offer price $172,800

Occupancy floor 59%

Sensitivity live

Price	-10% $1,125	-5% $1,065	+0% $1,005	+5% $946	+10% $886
Rent	-10% $785	-5% $895	+0% $1,005	+5% $1,115	+10% $1,225
Rate	-1.0pp $1,092	-0.5pp $1,049	base $1,005	+0.5pp $961	+1.0pp $915

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: $43,200
• Closing costs: $5,184
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1108 S Riverside Ave Rialto, CA	2.0	2.0	900	$1,900	$2.11	45d	1	0.15mi
1004 S Riverside Ave Unit A-3 Rialto, CA	3.0	2.5	1155	$2,750	$2.38	45d	1	0.30mi
1004 S Riverside Ave Rialto, CA	3.0	3.0	1155	$2,750	$2.38	45d	1	0.30mi
2047 Greenbriar St Colton, CA	2.0	2.0	1032	$2,595	$2.51	45d	1	0.54mi
1084 Jacaranda Rd Colton, CA	2.0	2.0	1032	$2,400	$2.33	45d	1	0.65mi
1031 S Cactus Ave Rialto, CA	1.0–3.0	1.0–2.0	1030	$2,715	$2.63	6d	1	0.66mi
1351 Christobal Ln Colton, CA	4.0	2.5	1726	$3,300	$1.91	3d	1	0.70mi
1351 Christobal Ln Colton, CA	4.0	2.5	1726	$3,300	$1.91	0d	1	0.70mi
606 S Riverside Ave Rialto, CA	2.0–3.0	1.0–2.0	1034	$2,995	$2.90	0d	3	0.74mi
554 S Willow Ave Unit 1 Rialto, CA	3.0	1.0	993	$2,600	$2.62	45d	1	0.82mi
142 E Merrill Ave Rialto, CA	3.0	1.5	1120	$2,495	$2.23	45d	1	0.97mi
1163 Bent Rail Cir Colton, CA	3.0	2.0	1248	$2,795	$2.24	45d	1	1.04mi
210 West South St Unit a Rialto, CA	3.0	2.0	1275	$2,600	$2.04	45d	1	1.05mi
202 Bonita Ln Rialto, CA	3.0	2.5	1549	$3,050	$1.97	0d	1	1.14mi
10026 Portola Ave Bloomington, CA	2.0	1.0	900	$1,850	$2.06	45d	1	1.21mi
443 S Tamarisk Ave Rialto, CA	4.0	2.0	1574	$3,700	$2.35	45d	1	1.33mi

Listing history 22 events

1. 2026-06-21
   days on market $172,800 Active 30 DOM
2. 2026-06-18
   days on market $172,800 Active 27 DOM
3. 2026-06-17
   days on market $172,800 Active 26 DOM
4. 2026-06-16
   days on market $172,800 Active 25 DOM
5. 2026-06-15
   days on market $172,800 Active 24 DOM
6. 2026-06-13
   days on market $172,800 Active 22 DOM
7. 2026-06-13
   days on market $172,800 Active 21 DOM
8. 2026-06-09
   days on market $172,800 Active 18 DOM
9. 2026-06-08
   days on market $172,800 Active 17 DOM
10. 2026-06-07
    days on market $172,800 Active 16 DOM
11. 2026-06-04
    days on market $172,800 Active 13 DOM
12. 2026-06-03
    days on market $172,800 Active 12 DOM
13. 2026-06-02
    days on market $172,800 Active 11 DOM
14. 2026-06-01
    days on market $172,800 Active 10 DOM
15. 2026-05-31
    days on market $172,800 Active 9 DOM
16. 2026-05-22
    listed $172,800 Active
17. 2026-05-19
    historical $172,800
18. 2026-03-03
    soldstatus $65,000 Closed 808-char remark

    Show marketing remark (808 chars)

    Rialto, Ca. 200 W San Bernardino Ave SP 46. 2 Bedroom/ 2 Bath Mobile Home for sale in the Capri Rialto Mobile Home Estates. Home is Located on a corner lot, Park is a 55+ age park. Space rent $883. per month. Home is a Fixer. Centrally located close to Freeways, shopping, business's, park, and churches. Your opportunity to purchase your own home and fix to your desire. Probate with full authority. Home sold 'AS-IS'. Seller will make no repairs. Seller and/or agent make no warranties. All information deem accurate however buyer to do their own investigations to satisfy themselves. Sale Contingent on buyer obtaining park approval. Park amenities include a community clubhouse and pool. Re: Offer: Good faith deposit must be 10%. along with proof of funds. Don't wait call your agent today. Thank you.

19. 2026-01-21
    status Pending 808-char remark

    Show marketing remark (808 chars)

    Rialto, Ca. 200 W San Bernardino Ave SP 46. 2 Bedroom/ 2 Bath Mobile Home for sale in the Capri Rialto Mobile Home Estates. Home is Located on a corner lot, Park is a 55+ age park. Space rent $883. per month. Home is a Fixer. Centrally located close to Freeways, shopping, business's, park, and churches. Your opportunity to purchase your own home and fix to your desire. Probate with full authority. Home sold 'AS-IS'. Seller will make no repairs. Seller and/or agent make no warranties. All information deem accurate however buyer to do their own investigations to satisfy themselves. Sale Contingent on buyer obtaining park approval. Park amenities include a community clubhouse and pool. Re: Offer: Good faith deposit must be 10%. along with proof of funds. Don't wait call your agent today. Thank you.

20. 2025-12-17
    listed $55,000 Active 808-char remark

    Show marketing remark (808 chars)

    Rialto, Ca. 200 W San Bernardino Ave SP 46. 2 Bedroom/ 2 Bath Mobile Home for sale in the Capri Rialto Mobile Home Estates. Home is Located on a corner lot, Park is a 55+ age park. Space rent $883. per month. Home is a Fixer. Centrally located close to Freeways, shopping, business's, park, and churches. Your opportunity to purchase your own home and fix to your desire. Probate with full authority. Home sold 'AS-IS'. Seller will make no repairs. Seller and/or agent make no warranties. All information deem accurate however buyer to do their own investigations to satisfy themselves. Sale Contingent on buyer obtaining park approval. Park amenities include a community clubhouse and pool. Re: Offer: Good faith deposit must be 10%. along with proof of funds. Don't wait call your agent today. Thank you.

21. 2006-05-05
    soldstatus $75,000 42-char remark

    Show marketing remark (42 chars)

    200 W San Bernardino Ave, Sp 46-79 Skyline

22. 2006-02-23
    listed $90,000 42-char remark

    Show marketing remark (42 chars)

    200 W San Bernardino Ave, Sp 46-79 Skyline

ⓘ 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 6/10 Major FEMA zone X (unshaded) · 70% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥102°F today · 20 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 27 unhealthy d/yr today · 32 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,411
• − Mortgage interest: −$9,679
• − Property taxes: −$2,592
• − Insurance: −$864
• − Repairs & maintenance: −$2,673
• − Management: −$2,673
• − Depreciation: −$5,027
• Taxable income: $9,903
• Est. tax owed @ 24.0%: −$2,377
• After-tax cash flow: $9,688/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: Rialto Unified
• NCES district ID: 0632370
• Math proficiency: 25% ▲ 3.00%
• Reading proficiency: 46% ▲ 10.00%
• Median HH income: $50,916
• Composite: 30.77/100
• National rank: #6154
• State rank: #268 of 517 in CA

Livability — Rialto

• Score: 60/100
• State rank: #598
• US rank: #19283

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rialto, CA
• County: San Bernardino County · 2,030,291 people
• City population: 105,208
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 84,394
• Household income: $79,675
• Rent vs Own: 38.1% rent · 61.9% own
• Severe rent burden: 2574.0

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: Predominantly Hispanic (78%)
• Race & ethnicity: Hispanic / Latino 78% Two or more races 22% Black 11% White 7% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 68%
• Foreign-born: 27% · Canada, Jamaica
• Languages at home: 36% English-only · Spanish 61% Arabic 1% 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: ▼ -323.82%
• Current HPI: 505.95
• Rent YoY: ▲ 1.59%
• 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
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+92.0% since first listed

7 events — show timeline

• 2026-05-22 Listed $172,800 CRMLS
• 2026-05-19 Coming Soon $172,800 CRMLS
• 2026-03-03 Sold (MLS) $65,000 GPSMLS
• 2026-01-21 Pending — GPSMLS
• 2025-12-17 Listed $55,000 GPSMLS
• 2006-05-05 Sold (MLS) $75,000 CRMLS
• 2006-02-23 Listed $90,000 CRMLS