10701 Cedar Ave #124 · Bloomington, CA 92316

$177,000

3 bd · 2.0 ba · 576 sqft · Manufactured public records · 8 Days on market

Built 1990 3,200 sqft lot

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Why this score? — see what drove the D+ 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 +19.4/30.0
• ARV discount +7.5/15.0
• DSCR +6.1/10.0
• 1% rule +5.2/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks

Beautiful and well maintained 3-bedroom, 2-bath home featuring upgrades completed about a year and a half ago including double-pane windows, laminate flooring, updated kitchen and bathroom cabinetry, fresh interior/exterior paint, and central A/C and heating. Outside, enjoy covered parking for 2–3 vehicles and a privacy fence surrounding the property. It also has a new storage unit and new gazebo. The community is desirable, affordable, and safe, located near parks, schools, shopping centers, and major highways.

Key facts

• Laminate flooring
• Updated kitchen
• Fresh interior paint

Tags

• DOUBLE-PANE WINDOWS
• LAMINATE FLOORING
• UPDATED KITCHEN
• UPDATED BATHROOM CABINETRY
• FRESH INTERIOR PAINT
• FRESH EXTERIOR PAINT

Property features AI

Finance

• Other: Living area source: Seller; Lot size source: Assessor's data; Elevation measured in feet; Located between Santa Ana Ave and Slover Ave
• HOA & community: Land lease at $930; Located in Cedar Village Mobile Home Park

Exterior

• Parking: Attached garage; Three garage spaces; Two carport spaces; Covered parking (total 5 parking spaces)
• Utilities: Public sewer; District/Public water
• Home design: Single-family mobile home; Single story; Mobile home remains on site; Entry facing front
• Construction: Mobile home dimensions approximately 23 ft by 48 ft; Year built source: Assessor
• Exterior features: Community pool; Close to clubhouse; Street lighting in the community

Interior

• Kitchen: Microwave; Gas range
• Bathrooms: Two full bathrooms; Master bathroom remodeled with double sinks and shower-in-tub
• Heating & cooling: Central cooling; Central furnace heating
• Interior features: One-level home with front entry; Double-pane windows with blinds; Remodeled master bathroom features; Shower-in-tub and double sinks in master bath
• Laundry & utility: Laundry available; Gas dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $177k.

Deal economics

• At list price, monthly cash flow is $199 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $177k).
• Cap rate 7.6% vs local median 3.1% in Bloomington — 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 53/100 on livability (#977 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+, employment B; Watch: commute D, crime F, amenities F.
• 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.
• Zoned schools: Crestmore Elementary (638 students, 90% FRL); Joe Baca (math 17% / reading 34%, grade F, #260 of 498 statewide, top 54%, 753 students, 91% FRL); Bloomington High (math 24% / reading 52%, grade F, #571 of 1,170 statewide, top 49%, 1,976 students, 77% FRL) — zoned schools average 86% FRL vs 70% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 45 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).

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.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 2y 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: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $177,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 1.02% ✓
• Cap rate: 7.64%
• Cash-on-cash: 4.81%
• DSCR: 1.21
• GRM: 8.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -8.8%
• Equity multiple: 0.68×
• Total profit: $-15,993
• Equity at exit: $26,391

10-year hold

• IRR: 0.7%
• Equity multiple: 1.05×
• Total profit: $2,487
• Equity at exit: $15,304

Cash invested: $49,560 (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 92316

• Home prices YoY: -34.1%
• Active inventory: 45
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,800 medium
• Mortgage (P&I): −$928
• Tax est. 1.5%: −$221 /mo · $2,655/yr
• Insurance: −$74
• HOA: −$0
• Vacancy / Maint / Mgmt: −$378
• Net cashflow: $199

Break-even live

Break-even rent $1,548

Max offer price $177,000

Occupancy floor 84%

Sensitivity live

Price	-10% $321	-5% $260	+0% $199	+5% $138	+10% $76
Rent	-10% $57	-5% $128	+0% $199	+5% $270	+10% $341
Rate	-1.0pp $288	-0.5pp $244	base $199	+0.5pp $153	+1.0pp $106

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: $44,250
• Closing costs: $5,310
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
18348 10th St Unit 2 Bloomington, CA	2.0	1.0	600	$1,800	$3.00	45d	1	1.14mi

Listing history 6 events

1. 2026-06-21
   days on market $177,000 Active 8 DOM
2. 2026-06-18
   days on market $177,000 Active 5 DOM
3. 2026-06-17
   days on market $177,000 Active 4 DOM
4. 2026-06-16
   days on market $177,000 Active 3 DOM
5. 2026-06-15
   remarks 517-char remark
6. 2026-06-15
   listed $177,000 Active 2 DOM

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥103°F today · 19 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: $21,600
• − Mortgage interest: −$9,915
• − Property taxes: −$2,655
• − Insurance: −$885
• − Repairs & maintenance: −$1,728
• − Management: −$1,728
• − Depreciation: −$5,149
• Taxable loss: −$460
• Est. tax savings @ 24.0%: +$110
• After-tax cash flow: $2,496/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 — Bloomington

• Score: 53/100
• State rank: #977
• US rank: #24604

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bloomington, CA
• City population: 31,909
• Population (ZIP): 31,909

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 (82%)
• Race & ethnicity: Hispanic / Latino 82% Two or more races 24% White 12% Black 3% Native American 2%
• Hispanic origin (detail): Mexican 76%
• Common ancestry: Italian 1% Lithuanian 1%
• Foreign-born: 25% · Canada, Jamaica
• Languages at home: 34% English-only · Spanish 64% Arabic 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: ▼ -250.05%
• Current HPI: 483.5611
• Rent YoY: —
• Metro: —
• 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

+1.1% since first listed

6 events — show timeline

• 2026-06-13 Listed $177,000 CRMLS
• 2025-03-18 Listing Removed — CRMLS
• 2025-03-17 Relisted — CRMLS
• 2025-03-06 Pending — CRMLS
• 2025-01-04 Relisted — CRMLS
• 2024-09-30 Listed $175,000 CRMLS

Property tax history

+1.9%/yr

Latest (2025): $152 · +2.8% YoY. Source: county tax records.