1400 S Sunkist · Anaheim, CA 92806

$234,900

2 bd · 2.0 ba · 1,644 sqft · Manufactured · 12 Days on market

Built 1977 Good condition 20 ac lot Est $184k · 28% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Condition / age +3.8/5.0
• Livability +3.5/5.0
• Rent growth +2.3/5.0
• Schools +2.3/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

This newly updated 2 bed, 2 bath, approximately 1644 sf, with expanded family room & primary bedroom (for just enough extra space - larger than a double-wide) home is located in Sunkist Gardens, one of OC's premier 55 or better communities. This is one of the most desirable areas of Anaheim - near Angel Stadium, Honda Center & the OC Vibe, featuring restaurants, entertainment, outdoor space & more. This home has all interior drywall walls - no 'paneling' - that just feels so different! Fresh paint inside, brand new carpet throughout. Remodeled, open kitchen including island with cooktop & stainless steel hood vent. Kitchen also has new dishwasher & disposal, n

Key facts

• Expanded family room
• New roof
• Large storage shed

Tags

• EXPANDED FAMILY ROOM
• REMODELED OPEN KITCHEN
• PRIVATE COVERED PATIO
• NEW ROOF
• NEWER CENTRAL AIR CONDITIONING
• LARGE STORAGE SHED

Property features AI

Finance

• Other: One shed on the property; Mobile width 22 ft and length 63 ft; Model: Fuqua
• Financial info: Land lease (monthly)
• HOA & community: Senior community; Close to clubhouse; Suburban community; Park name: Sunkist Gardens; Manager approval required; Pets allowed

Exterior

• Parking: Covered parking; Attached carport; Driveway
• Security: Smoke detector; Carbon monoxide detector(s)
• Utilities: District/public water; Public sewer; Natural gas connected; Electricity connected (standard); Telephone in street; Cable available
• Home design: Single-story mobile home (Fuqua model, expando); Entry at level 1; Turnkey and updated/remodeled condition; Mobile home remains on site
• Construction: Aluminum exterior and skirt; Composition roof; Pillar/post/pier foundation; One story
• Exterior features: Front covered porch, additional porch and deck; Covered patio; Awning; Community pool (in-ground)

Interior

• Kitchen: Remodeled kitchen with island; Gas cooktop; Range/stove hood; Dishwasher; Garbage disposal; Refrigerator; Pots & pan drawers; Self-closing cabinet doors and drawers
• Bedrooms: Primary bedroom on the main floor with primary suite and walk-in closet; Main floor bedrooms
• Flooring: Tile flooring; Carpet flooring
• Bathrooms: Two full bathrooms; Remodeled baths with quartz counters; Separate tub and walk-in shower; Main floor full bath; Upgraded fixtures
• Heating & cooling: Central heating (furnace); Central cooling
• Interior features: Open floor plan; Ceiling fan; Double-pane windows with screens; Resident manager on site; In-ground, heated community spa
• Laundry & utility: Laundry room inside the home; Washer and dryer included; Washer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $235k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $235k).
• Cap rate 12.5% vs local median 2.1% in Anaheim — 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 70/100 on livability (#240 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: health & safety C-, crime F, cost of living F.
• Anaheim Elementary (urban): math 25% / reading 25% proficiency, ranked #386 of 517 in CA (top 75%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-0.8%/yr); 41 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 6,974 units permitted in Orange County in 2024 (3,839 in 5+ unit buildings).
• This rent runs 44% of the median local income ($97k/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.
• Orange County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $66k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 7y 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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $234,900

Questions for the listing agent

1. Built in 1977 — 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. 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. 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: 1.53% ✓
• Cap rate: 12.48%
• Cash-on-cash: 22.09%
• DSCR: 1.98
• GRM: 5.5

CMA / ARV

• ARV (on-the-fly): $184,128
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1400 S Sunkist #80	0.11mi	2/2.0	1,690 (+3%)	1mo	$189,900	$112	90
1400 S Sunkist St #206	0.11mi	2/2.0	1,736 (+6%)	1mo	$165,000	$95	85
1400 S Sunkist St #163	0.11mi	2/2.0	1,680 (+2%)	14mo	$153,000	$91	80
1400 S Sunkist #48	0.11mi	2/2.0	1,793 (+9%)	3mo	$235,000	$131	77
1400 S Sunkist St #89	0.11mi	3/2.0 (+1)	1,800 (+10%)	14mo	$230,000	$128	62

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 11.4%
• Equity multiple: 1.43×
• Total profit: $28,604
• Equity at exit: $35,024

10-year hold

• IRR: 17.9%
• Equity multiple: 2.27×
• Total profit: $83,810
• Equity at exit: $20,310

Cash invested: $65,772 (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 92806

• Rents YoY: -0.8%
• Active inventory: 41
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $3,588 high
• Mortgage (P&I): −$1,232
• Tax est. 1.5%: −$294 /mo · $3,524/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$753
• Net cashflow: $1,211

Break-even live

Break-even rent $2,055

Max offer price $234,900

Occupancy floor 61%

Sensitivity live

Price	-10% $1,373	-5% $1,292	+0% $1,211	+5% $1,130	+10% $1,049
Rent	-10% $928	-5% $1,069	+0% $1,211	+5% $1,353	+10% $1,494
Rate	-1.0pp $1,329	-0.5pp $1,271	base $1,211	+0.5pp $1,150	+1.0pp $1,088

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: $58,725
• Closing costs: $7,047
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2100 E Katella Ave Anaheim, CA	1.0–2.0	2.0	1205	$3,810	$3.16	0d	7	0.95mi
1801 E Katella Ave Anaheim, CA	1.0–2.0	1.0–2.0	911	$3,075	$3.37	25d	4	0.98mi
1801 E Katella Ave Anaheim, CA	1.0–2.0	1.0–2.0	919	$3,000	$3.26	0d	3	0.98mi
1801 E Katella Ave Anaheim, CA	1.0–2.0	1.0–2.0	911	$3,075	$3.37	23d	6	0.98mi
1801 E Katella Ave Anaheim, CA	1.0–2.0	1.0–2.0	911	$3,075	$3.37	2d	4	0.98mi
1818 S State College Blvd Anaheim, CA	1.0–2.0	1.0–2.0	1033	$3,280	$3.17	0d	13	1.04mi
987 E Mason Ln #129 Anaheim, CA	3.0	2.5	1967	$4,500	$2.29	18d	1	1.12mi
2221 E Viking Ave Anaheim, CA	3.0	2.0	1470	$4,450	$3.03	0d	1	1.15mi
977 E Mason Ln #116 Anaheim, CA	3.0	2.5	1967	$4,300	$2.19	16d	1	1.16mi
1817 E Morava Ave Anaheim, CA	3.0	2.0	1616	$4,350	$2.69	5d	1	1.20mi
1676 S Lewis St Anaheim, CA	3.0	2.5	1821	$5,200	$2.86	0d	1	1.25mi
1912 S Jacaranda St Anaheim, CA	3.0	1.0–2.0	993	$4,016	$4.04	0d	21	1.25mi
1851 Union St Anaheim, CA	1.0	1.5	1223	$2,800	$2.29	0d	1	1.26mi
1690 S Lewis St Anaheim, CA	3.0	2.5	1772	$12,000	$6.77	0d	1	1.26mi
1897 S Union St #132 Anaheim, CA	1.0	1.5	1224	$3,800	$3.10	0d	1	1.29mi
1815 S Westside Dr Anaheim, CA	2.0	1.0–2.5	1033	$3,995	$3.87	0d	28	1.30mi
1893 S Union St #120 Anaheim, CA	3.0	2.0	1700	$3,950	$2.32	22d	1	1.30mi
1891 S Union St #111 Anaheim, CA	2.0	2.0	1599	$3,900	$2.44	0d	1	1.31mi
1910 S Union St Anaheim, CA	2.0	1.0–2.0	1135	$3,802	$3.35	0d	19	1.31mi
1921 S Union St Anaheim, CA	3.0	1.0–2.0	962	$3,746	$3.89	0d	17	1.38mi

Listing history 10 events

1. 2026-06-18
   days on market $234,900 Active 12 DOM
2. 2026-06-17
   days on market $234,900 Active 11 DOM
3. 2026-06-16
   days on market $234,900 Active 10 DOM
4. 2026-06-15
   days on market $234,900 Active 9 DOM
5. 2026-06-13
   days on market $234,900 Active 7 DOM
6. 2026-06-13
   days on market $234,900 Active 6 DOM
7. 2026-06-09
   days on market $234,900 Active 3 DOM
8. 2026-06-08
   days on market $234,900 Active 2 DOM
9. 2026-06-07
   remarks 679-char remark
10. 2026-06-07
    listed $234,900 Active 1 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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥94°F today · 23 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 6/10 Major 12 unhealthy d/yr today · 13 by 30 yrs out

Taxation est. · year 1

• Rental income: $43,053
• − Mortgage interest: −$13,158
• − Property taxes: −$3,524
• − Insurance: −$1,174
• − Repairs & maintenance: −$3,444
• − Management: −$3,444
• − Depreciation: −$6,833
• Taxable income: $11,475
• Est. tax owed @ 24.0%: −$2,754
• After-tax cash flow: $11,778/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 · 13 photos

Good 75/100 Cosmetic rehab

This home is in good condition with recent updates, making it a good investment opportunity. Consider painting the exterior and replacing the carpet for further value increase.

Value-add opportunities

• Resale Paint the exterior siding and trim — Fresh paint can significantly enhance curb appeal and home value.
• Both Replace the carpet with hardwood or tile flooring — Hardwood or tile flooring can increase both resale and rental value.

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint the exterior siding and trim — Fresh paint can significantly enhance curb appeal and home value. ↑
• Both Replace the carpet with hardwood or tile flooring — Hardwood or tile flooring can increase both resale and rental 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: Anaheim Elementary
• NCES district ID: 0602610
• Math proficiency: 25% ▼ -3.00%
• Reading proficiency: 25% ▼ -9.00%
• Median HH income: $55,235
• Composite: 22.56/100
• National rank: #8078
• State rank: #386 of 517 in CA

Livability — Anaheim

• Score: 70/100
• State rank: #240
• US rank: #7861

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Anaheim, CA
• County: Orange County · 3,096,323 people
• City population: 361,715
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 41,003
• Household income: $97,265
• Rent vs Own: 59.2% rent · 40.8% own
• Severe rent burden: 2171.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 3,477,456 people
• By 2030: 3,613,117 · +3.9%
• By 2040: 3,835,945 · +10.3%
• By 2050: 3,968,736 · +14.1%
• By 2075: 4,097,053 · +17.8%
• By 2100: 3,903,633 · +12.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: Hispanic / Latino 58% Two or more races 25% White 24% Asian 13% Black 2% Native American 2%
• Hispanic origin (detail): Mexican 54%
• Common ancestry: Portuguese 1% Lithuanian 1% Scandinavian 1%
• Foreign-born: 31% · Canada, Vietnam, China
• Languages at home: 43% English-only · Spanish 44% Vietnamese 3% Other Indo-European 3%

Political lean MEDSL · Orange

• 2024 margin: Toss-up / Even · D 49.7% · R 47.1% · Other 3.2%
• 2008→2024 swing: +5.2pp toward D · 2008: -2.6pp · 2024: 2.6pp
• All cycles: 2024: D+2.6 2020: D+9.0 2016: D+7.7 2012: R+8.3 2008: R+2.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -783.76%
• Current HPI: 404.0916
• Rent YoY: ▼ -0.79%
• 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

+69.6% since first listed

12 events — show timeline

• 2026-06-06 Listed $234,900 CRMLS
• 2024-11-30 Rental Removed $1,300 CONNECTLINX
• 2024-11-28 Listed for Rent $1,300 CONNECTLINX
• 2024-10-24 Rental Removed $3,050 RENT.
• 2024-09-18 Price Changed $3,050 RENT.
• 2024-08-21 Price Changed $3,100 RENT.
• 2024-07-25 Listed for Rent $3,200 RENT.
• 2024-06-10 Rental Removed $2,900 RENT.
• 2024-06-05 Price Changed $2,900 RENT.
• 2024-05-10 Listed for Rent $3,200 RENT.
• 2020-01-28 Listing Removed — CRMLS
• 2019-07-08 Listed $138,500 CRMLS