24414 University Ave #49 · Loma Linda, CA 92354

$242,000

3 bd · 2.0 ba · 1,500 sqft · Manufactured public records · 71 Days on market

Built 2001 $161/sqft · 65% above area

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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 +29.1/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• Livability +3.3/5.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

NEWLY REFRESHED and move in ready. This home in an all age park features fresh paint, new flooring and appliances. From the welcoming front porch a double door entry opens into the open floor plan that allows you to structure your space as needed. The spacious kitchen maintains the heart of the home, with a new refrigerator, center island, and large pantry. The Main Suite is located on the North end of the home, and two remaining bedrooms are found on the South side, adjacent to the guest bath. Inside laundry room includes Washer, Dryer, and storage. You'll find ample storage throughout, and a large shed for all the extras. Enjoy beautiful mountain views to the North, beyond the adjacent greenbelt. Enhanced parking simplifies carport space for two vehicles. Located in close proximity to Loma Linda Hospital and Medical Centers, as well as the VA Medical Center. University Mobile Estates offers community pool, spa, game room, community room, dog park, and dedicated car wash bay. It's time to move, you've just found your new home!

Key facts

• Open floor plan
• Spacious kitchen
• New refrigerator

Tags

• DOUBLE DOOR ENTRY
• OPEN FLOOR PLAN
• SPACIOUS KITCHEN
• NEW REFRIGERATOR
• CENTER ISLAND
• LARGE PANTRY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $242k.

Deal economics

• At list price, monthly cash flow is $838 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $242k).
• Recommended offer: $227k (6.0% below list) — sets the bar for market timing.
• Cap rate 10.4% vs local median 2.7% in Loma Linda — 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 66/100 on livability (#335 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+; Watch: employment C-, health & safety C-, amenities D-.
• Colton Joint Unified (suburban): math 16% / reading 38% proficiency, ranked #373 of 517 in CA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.7%/yr); 53 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).
• This rent runs 41% of the median local income ($84k/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 $2k of loan paydown is wiped out by about $7k 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 + 2.7% rent growth), your $68k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 71 days — a 6% lower offer ($227k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $227,480 (6.0% below list)

Questions for the listing agent

1. It's been on market 71 days. Have you received any prior offers? Is the seller open to a 6% 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. 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.
5. 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.
6. 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: 1.18% ✓
• Cap rate: 10.45%
• Cash-on-cash: 14.84%
• DSCR: 1.66
• GRM: 7.1

CMA / ARV

• ARV (median comp): $152,629
• List price: $242,000
• Delta: 58.55%
• Verdict: OVERPRICED
• Comps: 9 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
24414 University Ave #53	0.15mi	3/2.0	1,440 (-4%)	0mo	$169,000	$117	86
24414 University Ave #123	0.14mi	3/2.0	1,440 (-4%)	3mo	$124,000	$86	84
24414 University Ave #13	0.00mi	3/2.0	1,584 (+6%)	11mo	$176,900	$112	81
24414 University Ave #142	0.15mi	2/2.0 (-1)	1,560 (+4%)	7mo	$150,000	$96	76
24414 University Ave #150	0.00mi	3/2.0	1,296 (-14%)	4mo	$220,000	$170	74
24414 University Ave #104	0.00mi	2/2.0 (-1)	1,344 (-10%)	10mo	$155,000	$115	70
24414 University Ave #145	0.14mi	2/2.0 (-1)	1,344 (-10%)	5mo	$115,000	$86	67
24414 University Ave #46	0.14mi	3/2.0	1,344 (-10%)	14mo	$165,000	$123	65
24414-12 University Ave #12	0.14mi	2/2.0 (-1)	1,344 (-10%)	12mo	$140,000	$104	61

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 · 2.74% rent growth · sell at horizon

5-year hold

• IRR: 5.1%
• Equity multiple: 1.20×
• Total profit: $13,288
• Equity at exit: $36,083

10-year hold

• IRR: 14.3%
• Equity multiple: 2.13×
• Total profit: $76,781
• Equity at exit: $20,924

Cash invested: $67,760 (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 92354

• Rents YoY: 2.7%
• Active inventory: 53
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $2,859 high
• Mortgage (P&I): −$1,269
• Tax from tax record: −$51 /mo · $610/yr
• Insurance: −$101
• HOA: −$0
• Vacancy / Maint / Mgmt: −$600
• Net cashflow: $838

Break-even live

Break-even rent $1,798

Max offer price $242,000

Occupancy floor 66%

Sensitivity live

Price	-10% $975	-5% $906	+0% $838	+5% $769	+10% $701
Rent	-10% $612	-5% $725	+0% $838	+5% $951	+10% $1,064
Rate	-1.0pp $960	-0.5pp $899	base $838	+0.5pp $775	+1.0pp $711

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: $60,500
• Closing costs: $7,260
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11286 San Mateo Dr Loma Linda, CA	3.0	1.0	1100	$2,800	$2.55	0d	1	0.39mi
116 N Plymouth Way San Bernardino, CA	3.0	2.5	1459	$3,100	$2.12	44d	1	0.85mi
1333 Reche Canyon Rd Colton, CA	1.0–2.0	1.0–2.0	935	$1,962	$2.10	0d	10	1.00mi
25181 Starr St Unit 181 Loma Linda, CA	2.0	1.0	1300	$1,975	$1.52	19d	1	1.01mi
25050 Lawton Ave Loma Linda, CA	4.0	2.0	2127	$5,800	$2.73	0d	1	1.03mi
25145 Daisy Ave Loma Linda, CA	4.0	2.0	1621	$3,600	$2.22	11d	1	1.04mi
2255 Cahuilla St Colton, CA	1.0–2.0	1.0–2.0	989	$2,350	$2.38	3d	3	1.09mi
2255 Cahuilla St Colton, CA	1.0–2.0	1.0–2.0	982	$2,195	$2.24	25d	3	1.09mi
2255 Cahuilla St Colton, CA	1.0–2.0	1.0–2.0	978	$2,095	$2.14	6d	4	1.09mi
1170 Mohave Dr Colton, CA	2.0	2.0	1472	$2,295	$1.56	25d	1	1.12mi
62 Willa St Loma Linda, CA	3.0	2.0	1300	$2,500	$1.92	2d	1	1.18mi
62 Willa St Unit Na Loma Linda, CA	3.0	2.0	1300	$2,500	$1.92	0d	1	1.18mi
1189 Mohave Dr Colton, CA	2.0	2.0	1272	$2,500	$1.97	44d	1	1.22mi
1314 E Laurelwood Dr San Bernardino, CA	4.0	2.0	1150	$2,800	$2.43	0d	1	1.23mi
1933 S Apple Tree Way San Bernardino, CA	4.0	2.5	2050	$3,450	$1.68	21d	1	1.26mi
10740 Coloma St Loma Linda, CA	3.0	2.0	1332	$3,100	$2.33	19d	1	1.29mi
1140 Valley Spring Ln Colton, CA	3.0	2.0	1500	$3,100	$2.07	25d	1	1.31mi
1446 E Laurelwood Dr San Bernardino, CA	3.0	2.5	1820	$3,450	$1.90	0d	1	1.32mi
1423 Willow Tree Ln San Bernardino, CA	3.0	2.0	1101	$2,495	$2.27	44d	1	1.33mi
1997 S Barrington Pl San Bernardino, CA	3.0	2.5	1965	$3,400	$1.73	44d	1	1.36mi
10540 Coloma St Loma Linda, CA	2.0	3.0	1197	$2,500	$2.09	44d	1	1.38mi
25590 Prospect Ave Loma Linda, CA	2.0–3.0	2.5	1125	$2,850	$2.53	0d	11	1.41mi

Listing history 17 events

1. 2026-06-21
   days on market $242,000 Active 71 DOM
2. 2026-06-18
   days on market $242,000 Active 68 DOM
3. 2026-06-17
   days on market $242,000 Active 67 DOM
4. 2026-06-16
   days on market $242,000 Active 66 DOM
5. 2026-06-15
   days on market $242,000 Active 65 DOM
6. 2026-06-13
   days on market $242,000 Active 63 DOM
7. 2026-06-13
   days on market $242,000 Active 62 DOM
8. 2026-06-09
   days on market $242,000 Active 59 DOM
9. 2026-06-08
   days on market $242,000 Active 58 DOM
10. 2026-06-07
    days on market $242,000 Active 57 DOM
11. 2026-06-04
    days on market $242,000 Active 54 DOM
12. 2026-06-03
    days on market $242,000 Active 53 DOM
13. 2026-06-02
    days on market $242,000 Active 52 DOM
14. 2026-06-01
    days on market $242,000 Active 51 DOM
15. 2026-05-31
    statusdays on market $242,000 Active 50 DOM
16. 2026-05-04
    historical Active Under Contract 1043-char remark

    Show marketing remark (1043 chars)

    NEWLY REFRESHED and move in ready. This home in an all age park features fresh paint, new flooring and appliances. From the welcoming front porch a double door entry opens into the open floor plan that allows you to structure your space as needed. The spacious kitchen maintains the heart of the home, with a new refrigerator, center island, and large pantry. The Main Suite is located on the North end of the home, and two remaining bedrooms are found on the South side, adjacent to the guest bath. Inside laundry room includes Washer, Dryer, and storage. You'll find ample storage throughout, and a large shed for all the extras. Enjoy beautiful mountain views to the North, beyond the adjacent greenbelt. Enhanced parking simplifies carport space for two vehicles. Located in close proximity to Loma Linda Hospital and Medical Centers, as well as the VA Medical Center. University Mobile Estates offers community pool, spa, game room, community room, dog park, and dedicated car wash bay. It's time to move, you've just found your new home!

17. 2026-04-11
    listed $242,000 Active 1043-char remark

    Show marketing remark (1043 chars)

    NEWLY REFRESHED and move in ready. This home in an all age park features fresh paint, new flooring and appliances. From the welcoming front porch a double door entry opens into the open floor plan that allows you to structure your space as needed. The spacious kitchen maintains the heart of the home, with a new refrigerator, center island, and large pantry. The Main Suite is located on the North end of the home, and two remaining bedrooms are found on the South side, adjacent to the guest bath. Inside laundry room includes Washer, Dryer, and storage. You'll find ample storage throughout, and a large shed for all the extras. Enjoy beautiful mountain views to the North, beyond the adjacent greenbelt. Enhanced parking simplifies carport space for two vehicles. Located in close proximity to Loma Linda Hospital and Medical Centers, as well as the VA Medical Center. University Mobile Estates offers community pool, spa, game room, community room, dog park, and dedicated car wash bay. It's time to move, you've just found your new home!

ⓘ 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: $610 · $51/mo
• Projected year-2 tax: $1,839 · $153/mo
• Expected delta: +$1,229/yr (+$102/mo · 201.4%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥101°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 25 unhealthy d/yr today · 31 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,307
• − Mortgage interest: −$13,556
• − Property taxes: −$610
• − Insurance: −$1,210
• − Repairs & maintenance: −$2,745
• − Management: −$2,745
• − Depreciation: −$7,040
• Taxable income: $6,402
• Est. tax owed @ 24.0%: −$1,536
• After-tax cash flow: $8,517/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: Colton Joint Unified
• NCES district ID: 0609390
• Math proficiency: 16% ▼ -9.00%
• Reading proficiency: 38% ▼ -1.00%
• Median HH income: $51,178
• Composite: 23.74/100
• National rank: #7820
• State rank: #373 of 517 in CA

Livability — Loma Linda

• Score: 66/100
• State rank: #335
• US rank: #11546

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Loma Linda, CA
• County: San Bernardino County · 2,030,291 people
• City population: 22,051
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 22,051
• Household income: $83,847
• Rent vs Own: 59.9% rent · 40.1% own
• Severe rent burden: 1375.0

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: Highly diverse neighborhood (Simpson 0.75)
• Race & ethnicity: White 31% Hispanic / Latino 28% Asian 27% Two or more races 12% Black 10% Native American 1%
• Hispanic origin (detail): Mexican 20%
• Common ancestry: Lithuanian 2% Iranian 1% Italian 1%
• Foreign-born: 28% · Canada, South Korea, China
• Languages at home: 55% English-only · Spanish 18% Other Asian/Pacific 8% Tagalog/Filipino 5%

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: ▼ -395.36%
• Current HPI: 362.4305
• Rent YoY: ▲ 2.74%
• 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

2 events — show timeline

• 2026-05-04 Contingent — CRMLS
• 2026-04-11 Listed $242,000 CRMLS

Property tax history

+2.1%/yr

Latest (2025): $610 · +44.2% YoY. Source: county tax records.