24200 Walnut #52 · Torrance, CA 90501

$45,000

3 bd · 2.0 ba · 1,120 sqft · Manufactured public records · 13 Days on market

Built 2005 Fair condition

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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 +15.0/30.0
• ARV discount +7.5/15.0
• Schools +5.9/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.8/5.0
• Rent growth +3.3/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Open house Sat 11-4 & Sun 1-4. Knolls Manor family park, all. ages. Torrance school district. Pet friendly. 2 parks close by in walking distance. Pool. 3 bedroom and 2 bathrooms with open floor plan. Needs work and some love. Near freeway 110, 405, 91, 105, 47. The property is 3-4 miles from the beach. Prime location near resturants, gym, shops, and drive thru starbucks. . In foreclosure- need to sell right away. CASH ONLY sold "as is" . All offers need to be in by Sunday June 14th 2026.

Key facts

• 2 parking spots
• Community pool
• Built 2005

Property features AI

Finance

• Other: Pets allowed (dogs and cats; contact manager for details)
• HOA & community: Land lease community (Knolls Manor); Monthly land lease approximately $2,400 (park-reported); Rent includes pool access; Manager approval required for residency

Exterior

• Parking: Carport with 2 parking spaces
• Utilities: Public sewer; District/public water
• Home design: Single-story mobile home (model: GOLDEN WEST); Mobile home remains on site; Mobile dimensions approximately 20 by 56 feet
• Construction: Information source for year built: Seller; Living area source: Assessor's data
• Exterior features: Community pool; Street lighting; Level lot with street access; One shed on property

Interior

• Kitchen: Refrigerator; Gas oven; Dishwasher
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central cooling; Central furnace heating
• Interior features: Front entry; Entry at ground level
• Laundry & utility: Dedicated laundry room

🏷️ Possibly a rental listed for sale. The $45,000 price doesn't fit this home's estimated sale value (~$152,320) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $45k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $2k ($27k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $45k).
• Cap rate 66.9% vs local median 2.1% in Torrance — 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 76/100 on livability (#95 in CA, #3,501 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: health & safety C-, crime D+, cost of living F.
• Torrance Unified (urban): math 62% / reading 67% proficiency, ranked #150 of 1,400 in CA (top 11%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 20% free/reduced lunch — higher-income household profile.
• Zoned schools: Torrance High (1,999 students, 30% FRL).
• Market conditions: Rents rising (+3.2%/yr); 96 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
• This rent runs 42% of the median local income ($93k/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 $311 of loan paydown is wiped out by about $1k 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 + 3.2% rent growth), your $13k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $45,000

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. Crime grade is D 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. 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?
6. 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.
7. 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.
8. 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: 7.28% ✓
• Cap rate: 66.88%
• Cash-on-cash: 216.39%
• DSCR: 10.63
• GRM: 1.1

CMA / ARV

• ARV (on-the-fly): $152,320
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
24200 Walnut St #64	0.04mi	3/2.0	1,108 (-1%)	11mo	$210,000	$190	87
24200 Walnut St #50	0.04mi	3/2.0	1,140 (+2%)	13mo	$225,000	$197	84
23701 S Western Unit 78A	0.26mi	3/2.0	1,176 (+5%)	1mo	$160,000	$136	79
23701 S Western Ave #221	0.26mi	2/2.0 (-1)	1,140 (+2%)	2mo	$85,000	$75	78
24200 Walnut #62	0.04mi	3/2.0	1,040 (-7%)	14mo	$80,000	$77	74
23701 S Western Ave #231	0.26mi	3/2.0	1,080 (-4%)	10mo	$95,000	$88	74
23701 S Western Ave #262	0.30mi	3/2.0	1,152 (+3%)	10mo	$154,900	$134	73
23701 S Western Ave #7	0.28mi	3/2.0	1,040 (-7%)	11mo	$144,000	$138	66
23701 S Western Ave #172	0.26mi	3/2.0	1,232 (+10%)	7mo	$115,000	$93	66
23701 S Western Ave #202	0.26mi	2/2.0 (-1)	1,037 (-7%)	13mo	$180,900	$174	60
23701 S Western Ave #213	0.26mi	3/2.0	1,009 (-10%)	15mo	$149,600	$148	59
23701 Western #258	0.26mi	3/1.0	960 (-14%)	11mo	$73,000	$76	51

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 · 3.25% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 11.98×
• Total profit: $138,301
• Equity at exit: $6,710

10-year hold

• IRR: —
• Equity multiple: 25.63×
• Total profit: $310,396
• Equity at exit: $3,891

Cash invested: $12,600 (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 90501

• Rents YoY: 3.2%
• Active inventory: 96
• Price-to-rent: 1.1×

Monthly cashflow live

• Estimated rent: $3,278 high
• Mortgage (P&I): −$236
• Tax from tax record: −$63 /mo · $751/yr
• Insurance: −$19
• HOA: −$0
• Vacancy / Maint / Mgmt: −$688
• Net cashflow: $2,272

Break-even live

Break-even rent $402

Max offer price $45,000

Occupancy floor 26%

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: $11,250
• Closing costs: $1,350
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1802 247th St Unit 1802 Lomita, CA	2.0	1.0	800	$3,200	$4.00	43d	1	0.37mi
24636 Eshelman Ave Lomita, CA	2.0	1.0	950	$2,950	$3.11	4d	1	0.38mi
24638 Eshelman Ave Unit 1/4 Lomita, CA	2.0	1.0	950	$2,950	$3.11	43d	1	0.39mi
2124 W 238th St Unit A Torrance, CA	2.0	2.0	750	$3,600	$4.80	16d	1	0.43mi
2128 W 238th St Unit A Torrance, CA	2.0	2.0	750	$3,500	$4.67	43d	1	0.44mi
24223 Ambassador Pl Harbor City, CA	3.0	2.0	1208	$3,800	$3.15	5d	1	0.45mi
2174 1st St Unit 237th St unit Torrance, CA	2.0	1.0	800	$2,500	$3.12	24d	1	0.56mi
25018 Eshelman Ave Unit 9 Lomita, CA	2.0	2.5	1400	$3,295	$2.35	24d	1	0.60mi
25018 Eshelman Ave Lomita, CA	2.0	2.5	1400	$3,295	$2.35	43d	1	0.61mi
1732 251st St Lomita, CA	3.0	1.0	1200	$4,000	$3.33	43d	1	0.66mi
25110 Eshelman Ave Lomita, CA	2.0	1.5	800	$2,245	$2.81	10d	1	0.67mi
25021 Oak St Lomita, CA	3.0	2.0	1281	$3,995	$3.12	7d	1	0.69mi
24836 Narbonne Ave Lomita, CA	2.0	1.0	740	$2,995	$4.05	43d	1	0.71mi
2222 248th St Unit 2228 Lomita, CA	3.0	2.0	1199	$3,200	$2.67	7d	1	0.72mi
1918 252nd St Lomita, CA	3.0	2.0	1488	$3,900	$2.62	43d	1	0.73mi
1435 Lomita Blvd #105 Harbor City, CA	3.0	2.0	1260	$3,250	$2.58	43d	1	0.73mi
25326 Oak St Unit 1 Lomita, CA	3.0	2.0	1300	$3,650	$2.81	43d	1	0.88mi
1311 Sepulveda Blvd Torrance, CA	2.0	2.0	1050	$3,650	$3.48	20d	1	0.90mi
2457 Lomita Blvd Lomita, CA	2.0	1.0–2.0	878	$5,036	$5.74	1d	14	0.93mi
1800 255th St Unit 1812-A Lomita, CA	2.0	1.0	750	$2,145	$2.86	43d	1	0.95mi
1567 W 228th St Torrance, CA	2.0	2.0	990	$3,200	$3.23	43d	1	0.96mi
24410 Crenshaw Blvd Torrance, CA	2.0	2.0	1010	$2,795	$2.77	4d	1	0.97mi
1648 255th St W Harbor City, CA	2.0	2.0	800	$3,400	$4.25	43d	1	0.99mi
25205 Cypress St Unit 3 Lomita, CA	3.0	2.5	1397	$3,395	$2.43	43d	1	1.00mi
2757 Andreo Ave Unit 5 Torrance, CA	2.0	1.5	1100	$2,993	$2.72	11d	1	1.04mi
2757 Andreo Ave Unit 3 Torrance, CA	2.0	1.5	1100	$2,933	$2.67	3d	1	1.04mi
2757 Andreo Ave Unit 5 Torrance, CA	2.0	2.0	1100	$2,933	$2.67	22d	1	1.04mi
2757 Andreo Ave Unit 3 Torrance, CA	2.0	2.0	1100	$2,933	$2.67	11d	1	1.04mi
2757 Andreo Ave Unit 6 Torrance, CA	2.0	2.0	1100	$2,933	$2.67	3d	1	1.04mi
2757 Andreo Ave Torrance, CA	2.0	2.0	1100	$3,295	$3.00	43d	1	1.04mi
1612 226th St Unit B Torrance, CA	2.0	1.0	850	$2,650	$3.12	43d	1	1.06mi
1570 W 226th St Torrance, CA	3.0	2.0	1200	$3,750	$3.12	22d	1	1.08mi
1115 252nd St Unit 6 Harbor City, CA	2.0	1.0	1250	$1,999	$1.60	43d	1	1.08mi
22919 Mariposa Ave Torrance, CA	2.0–3.0	2.5–4.0	1480	$4,000	$2.70	43d	2	1.13mi
2525 W 235th St Unit 10656A Torrance, CA	2.0	1.5	1073	$4,210	$3.92	43d	1	1.14mi
1533 Plaza del Amo Unit 4 Torrance, CA	2.0	1.0	978	$2,650	$2.71	4d	1	1.16mi
22423 Harvard Blvd Torrance, CA	3.0	1.0	1150	$3,750	$3.26	4d	1	1.17mi
2545 W 235th St Torrance, CA	2.0	1.0–1.5	984	$3,325	$3.38	3d	5	1.17mi
2758 Orange Ave Unit 10 Torrance, CA	2.0	1.5	950	$2,800	$2.95	12d	1	1.19mi
25822 Walnut St Lomita, CA	2.0	1.0	900	$2,350	$2.61	43d	1	1.19mi

Listing history 10 events

1. 2026-06-18
   days on market $45,000 Active 13 DOM
2. 2026-06-17
   days on market $45,000 Active 12 DOM
3. 2026-06-16
   days on market $45,000 Active 11 DOM
4. 2026-06-15
   pricedays on market $45,000 Active 10 DOM
5. 2026-06-13
   days on market $49,999 Active 8 DOM
6. 2026-06-13
   remarks 500-char remark
7. 2026-06-13
   pricestatusdays on market $49,999 Active 7 DOM
8. 2026-04-28
   status Pending Sale
9. 2026-04-14
   status Pending Sale
10. 2026-04-09
    listed $70,000 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: $751 · $63/mo
• Projected year-2 tax: $751 · $63/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥86°F today · 22 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $39,333
• − Mortgage interest: −$2,521
• − Property taxes: −$751
• − Insurance: −$225
• − Repairs & maintenance: −$3,147
• − Management: −$3,147
• − Depreciation: −$1,309
• Taxable income: $28,234
• Est. tax owed @ 24.0%: −$6,776
• After-tax cash flow: $20,489/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.

Condition & rehab AI · 5 photos

Fair 45/100 Moderate rehab

This manufactured home requires moderate repairs and maintenance, including painting and landscaping, to improve its condition and value.

Repairs flagged

• Major Painting exterior — Paint is faded and needs touch-up.
• Major Painting interior walls — Paint appears chipped in some areas.
• Major Landscaping — Overgrown landscaping needs trimming and maintenance.

Value-add opportunities

• Both Painting exterior — Enhances curb appeal and property value.
• Both Painting interior walls — Improves interior appearance and value.
• Both Landscaping — Enhances curb appeal and property value.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Painting exterior · Paint is faded and needs touch-up.	Major	$15,000–50,000
Painting interior walls · Paint appears chipped in some areas.	Major	$15,000–50,000
Landscaping · Overgrown landscaping needs trimming and maintenance.	Major	$15,000–50,000
Total estimated repair cost · 3 items		$45,000–150,000

Value-add ROI direction

• Both Painting exterior — Enhances curb appeal and property value. ↑
• Both Painting interior walls — Improves interior appearance and value. ↑
• Both Landscaping — Enhances curb appeal and property value. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Torrance Unified
• NCES district ID: 0639420
• Math proficiency: 62% ▲ 2.00%
• Reading proficiency: 67% ▬ 0.00%
• Median HH income: $78,640
• Composite: 58.96/100
• National rank: #1969
• State rank: #150 of 1400 in CA

Livability — Torrance

• Score: 76/100
• State rank: #95
• US rank: #3501

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Torrance, CA
• County: Los Angeles County · 9,444,647 people
• City population: 153,473
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 41,787
• Household income: $92,923
• Rent vs Own: 56.4% rent · 43.6% own
• Severe rent burden: 1972.0

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: Diverse neighborhood (Simpson 0.70)
• Race & ethnicity: Hispanic / Latino 43% Asian 27% White 20% Two or more races 15% Black 5%
• Hispanic origin (detail): Mexican 34%
• Common ancestry: Slovak 1% Lithuanian 1% British 1%
• Foreign-born: 33% · Canada, South Korea, China
• Languages at home: 46% English-only · Spanish 32% Other Asian/Pacific 5% Korean 5%

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: ▼ -755.95%
• Current HPI: 334.9041
• Rent YoY: ▲ 3.25%
• 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
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

3 events — show timeline

• 2026-04-28 Pending — CRMLS
• 2026-04-14 Pending — CRMLS
• 2026-04-09 Listed $70,000 CRMLS

Property tax history

+3.3%/yr

Latest (2025): $751 · +3.3% YoY. Source: county tax records.