2139 E 4th St #244 · Ontario, CA 91764

$249,000

3 bd · 2.0 ba · 11,520 sqft · Manufactured public records · 111 Days on market

Built 2024

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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
• DSCR +10.0/10.0
• 1% rule +8.5/10.0
• ARV discount +7.5/15.0
• Schools +3.3/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover this brand-new manufactured home in a welcoming all-age community in Ontario, CA. Enjoy a charming front porch—ideal for relaxing outdoors—and an open floor plan that connects the living, dining, and kitchen areas for a spacious, airy feel. The kitchen features a central island, sleek stainless steel appliances, and plenty of room for cooking and entertaining. This thoughtfully designed home offers two guest bedrooms with ceiling fans and ample closet space, a full guest bathroom with a tub/shower combo, and a private master suite with its own en-suite bathroom for added comfort. Perfect for families looking to create lasting memories, this home combines modern living with convenient access to local shopping, dining, and more.

Key facts

• Community pool
• Built 2024
• Listed 111 days

Property features AI

Finance

• Other: Energy-efficient features include lighting, appliances, HVAC, water heater, windows, and construction
• Financial info: Monthly land lease amount applies
• HOA & community: Land lease community (land lease in effect)

Exterior

• Parking: Carport; Onsite parking available (park name: Ontario Lamplighter)
• Security: Manager approval required for park residency; Pets allowed with breed restrictions
• Utilities: District/public water; Public sewer; Natural gas connected; Electricity connected (standard); Cable available; Water heater: central and unit options; Energy Star water heater
• Home design: Single-story; Turnkey condition; Front door entry; Mobile home model: Skyliner; Mobile home remains on site; 24 ft wide by 56 ft long; 2+ access exits; Suburban setting; Private paved road frontage
• Construction: Built with cement board / fiber cement / Hardee plank / board & batten siding; Drywall interior walls; Blown insulation; Shingle (asphalt) roof; Pillar/post/pier foundation with tie downs; Skirted with cement board
• Exterior features: Front porch; Awning; Exterior lighting; Vinyl fencing; Community pool; Patio (front porch present)

Interior

• Kitchen: Kitchen island; Quartz and stone counters; Walk-in pantry; Pots & pan drawers; Six-burner stove; Gas range and gas oven; Refrigerator; Freezer; Dishwasher; Microwave; Garbage disposal; Ice maker; Energy Star appliances
• Bedrooms: Main-floor primary bedroom; All bedrooms on ground floor; Walk-in closet(s)
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms; Bathtub and separate shower; Shower in tub; Stone counters in bathrooms
• Heating & cooling: Central cooling; Central furnace heating; Energy-efficient HVAC
• Interior features: Quartz counters throughout; High ceilings (9+ feet); Ceiling fans; Pantry; Two staircases; Recessed lighting; Open floor plan; Double-pane Energy Star windows
• Laundry & utility: Washer hookup; Gas dryer hookup; Utility room / laundry area

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $249k.

Deal economics

• At list price, monthly cash flow is $928 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $249k).
• Recommended offer: $227k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.8% vs local median 2.7% in Ontario — 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 63/100 on livability (#435 in CA) — a middle-class / working-renter tenant base. Strengths: commute A-, housing B+; Watch: schools F, cost of living F, health & safety F.
• Cucamonga Elementary (suburban): math 28% / reading 42% proficiency, ranked #867 of 1,400 in CA (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-0.3%/yr); 75 active listings in the ZIP; solid renter incomes; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).
• At $3,352/mo this rent would consume 49% of the median local household income ($82k/yr) (locally 3075% 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 $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.

Negotiation context

• It's been on market 111 days — a 9% lower offer ($227k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 5y 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.

Risks & watch-outs

• Climate carrying-cost: major flood risk; extreme-heat days projected 6→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $226,590 (9.0% below list)

Questions for the listing agent

1. It's been on market 111 days. Have you received any prior offers? Is the seller open to a 9% 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. 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: 1.35% ✓
• Cap rate: 10.76%
• Cash-on-cash: 15.97%
• DSCR: 1.71
• GRM: 6.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 3.5%
• Equity multiple: 1.13×
• Total profit: $8,958
• Equity at exit: $37,127

10-year hold

• IRR: 9.9%
• Equity multiple: 1.66×
• Total profit: $46,114
• Equity at exit: $21,529

Cash invested: $69,720 (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.

Methodology + full state rankings →

ZIP-level market 91764

• Rents YoY: -0.3%
• Active inventory: 75
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $3,352 medium
• Mortgage (P&I): −$1,306
• Tax est. 1.5%: −$311 /mo · $3,735/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$704
• Net cashflow: $928

Break-even live

Break-even rent $2,178

Max offer price $249,000

Occupancy floor 67%

Sensitivity live

Price	-10% $1,100	-5% $1,014	+0% $928	+5% $842	+10% $756
Rent	-10% $663	-5% $795	+0% $928	+5% $1,060	+10% $1,192
Rate	-1.0pp $1,053	-0.5pp $991	base $928	+0.5pp $863	+1.0pp $797

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: $62,250
• Closing costs: $7,470
• Reserves months: —
• Total cash needed: —

Listing history 38 events

1. 2026-06-18
   days on market $249,000 Active 111 DOM
2. 2026-06-17
   days on market $249,000 Active 110 DOM
3. 2026-06-16
   days on market $249,000 Active 109 DOM
4. 2026-06-15
   days on market $249,000 Active 108 DOM
5. 2026-06-13
   days on market $249,000 Active 106 DOM
6. 2026-06-13
   days on market $249,000 Active 105 DOM
7. 2026-06-09
   days on market $249,000 Active 102 DOM
8. 2026-06-08
   days on market $249,000 Active 101 DOM
9. 2026-06-07
   days on market $249,000 Active 100 DOM
10. 2026-06-04
    days on market $249,000 Active 97 DOM
11. 2026-06-03
    days on market $249,000 Active 96 DOM
12. 2026-06-02
    days on market $249,000 Active 95 DOM
13. 2026-06-01
    days on market $249,000 Active 94 DOM
14. 2026-05-31
    days on market $249,000 Active 93 DOM
15. 2026-04-09
    status Active
16. 2026-03-09
    status Pending Sale
17. 2026-02-11
    price $249,000
18. 2026-01-27
    listed $259,000 Active
19. 2025-12-31
    historical
20. 2025-08-28
    price $259,900
21. 2025-08-27
    status Active
22. 2025-07-31
    price $279,900
23. 2025-06-12
    listed $299,900 Active
24. 2025-04-02
    status Active 757-char remark

    Show marketing remark (757 chars)

    Discover this brand-new manufactured home in a welcoming all-age community in Ontario, CA. Enjoy a charming front porch—ideal for relaxing outdoors—and an open floor plan that connects the living, dining, and kitchen areas for a spacious, airy feel. The kitchen features a central island, sleek stainless steel appliances, and plenty of room for cooking and entertaining. This thoughtfully designed home offers two guest bedrooms with ceiling fans and ample closet space, a full guest bathroom with a tub/shower combo, and a private master suite with its own en-suite bathroom for added comfort. Perfect for families looking to create lasting memories, this home combines modern living with convenient access to local shopping, dining, and more.

25. 2025-03-31
    status Pending Sale 757-char remark

    Show marketing remark (757 chars)

    Discover this brand-new manufactured home in a welcoming all-age community in Ontario, CA. Enjoy a charming front porch—ideal for relaxing outdoors—and an open floor plan that connects the living, dining, and kitchen areas for a spacious, airy feel. The kitchen features a central island, sleek stainless steel appliances, and plenty of room for cooking and entertaining. This thoughtfully designed home offers two guest bedrooms with ceiling fans and ample closet space, a full guest bathroom with a tub/shower combo, and a private master suite with its own en-suite bathroom for added comfort. Perfect for families looking to create lasting memories, this home combines modern living with convenient access to local shopping, dining, and more.

26. 2025-01-10
    listed $299,900 Active 757-char remark

    Show marketing remark (757 chars)

    Discover this brand-new manufactured home in a welcoming all-age community in Ontario, CA. Enjoy a charming front porch—ideal for relaxing outdoors—and an open floor plan that connects the living, dining, and kitchen areas for a spacious, airy feel. The kitchen features a central island, sleek stainless steel appliances, and plenty of room for cooking and entertaining. This thoughtfully designed home offers two guest bedrooms with ceiling fans and ample closet space, a full guest bathroom with a tub/shower combo, and a private master suite with its own en-suite bathroom for added comfort. Perfect for families looking to create lasting memories, this home combines modern living with convenient access to local shopping, dining, and more.

27. 2022-08-27
    status Active
28. 2022-06-04
    status Active
29. 2022-04-15
    status Active
30. 2022-02-24
    status Active
31. 2022-01-24
    price $239,900
32. 2022-01-24
    price $269,900
33. 2022-01-01
    historical Active Under Contract
34. 2021-12-31
    status Active
35. 2021-11-06
    status Active
36. 2021-10-08
    status Active
37. 2021-09-15
    listed $199,900 Active
38. 2021-08-26
    historical

ⓘ 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 (shaded) · 69% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 7/10 Severe 6 d/yr ≥100°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 9/10 Extreme 23 unhealthy d/yr today · 28 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,229
• − Mortgage interest: −$13,948
• − Property taxes: −$3,735
• − Insurance: −$1,245
• − Repairs & maintenance: −$3,218
• − Management: −$3,218
• − Depreciation: −$7,244
• Taxable income: $7,621
• Est. tax owed @ 24.0%: −$1,829
• After-tax cash flow: $9,302/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: Cucamonga Elementary
• NCES district ID: 0616300
• Math proficiency: 28% ▬ 0.00%
• Reading proficiency: 42% ▲ 1.00%
• Median HH income: $55,067
• Composite: 33.44/100
• National rank: #10539
• State rank: #867 of 1400 in CA

Livability — Ontario

• Score: 63/100
• State rank: #435
• US rank: #14949

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ontario, CA
• County: San Bernardino County · 2,030,291 people
• City population: 183,440
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 56,270
• Household income: $81,762
• Rent vs Own: 54.9% rent · 45.1% own
• Severe rent burden: 3075.0

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 (70%)
• Race & ethnicity: Hispanic / Latino 70% Two or more races 26% White 12% Black 8% Asian 6% Native American 2%
• Hispanic origin (detail): Mexican 60%
• Common ancestry: Italian 1% Romanian 1% Serbian 1%
• Foreign-born: 28% · Canada, China, Vietnam
• Languages at home: 44% English-only · Spanish 50% Chinese 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: ▼ -571.87%
• Current HPI: 456.8173
• Rent YoY: ▼ -0.27%
• 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

+24.6% since first listed

24 events — show timeline

• 2026-04-09 Relisted — CRMLS
• 2026-03-09 Pending — CRMLS
• 2026-02-11 Price Changed $249,000 CRMLS
• 2026-01-27 Listed $259,000 CRMLS
• 2025-12-31 Listing Removed — CRMLS
• 2025-08-28 Price Changed $259,900 CRMLS
• 2025-08-27 Relisted — CRMLS
• 2025-07-31 Price Changed $279,900 CRMLS
• 2025-06-12 Listed $299,900 CRMLS
• 2025-04-02 Relisted — CRMLS
• 2025-03-31 Pending — CRMLS
• 2025-01-10 Listed $299,900 CRMLS
• 2022-08-27 Relisted — CRMLS
• 2022-06-04 Relisted — CRMLS
• 2022-04-15 Relisted — CRMLS
• 2022-02-24 Relisted — CRMLS
• 2022-01-24 Price Changed $269,900 CRMLS
• 2022-01-24 Price Changed $239,900 CRMLS
• 2022-01-01 Contingent — CRMLS
• 2021-12-31 Relisted — CRMLS
• 2021-11-06 Relisted — CRMLS
• 2021-10-08 Relisted — CRMLS
• 2021-09-15 Listed $199,900 CRMLS
• 2021-08-26 Coming Soon — CRMLS

Property tax history

-4.3%/yr

Latest (2020): $103 · -1.4% YoY. Source: county tax records.