8250 Lankershim Blvd #112 · Los Angeles, CA 91605

$215,000

3 bd · 2.0 ba · 1,078 sqft · Manufactured · 28 Days on market

Built 2021 Good condition 9.63 ac lot Est $209k · at est.

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +6.2/15.0
• Condition / age +4.0/5.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +1.8/5.0
• Appreciation +0.0/10.0

Listing remarks

* Space 112 is labeled as Orange 18 * Discover the perfect blend of comfort and convenience in this delightful 3-bedroom, 2-bathroom manufactured home. Situated in the vibrant North Hollywood community, this cozy home spans over 1,000 square feet, providing plenty of space for living and entertaining. The interior boasts a spacious living area, a modern kitchen with up-to-date appliances, and ample storage space. Retreat to the master bedroom, complete with its own bathroom, for a touch of privacy and relaxation. The additional bedrooms offer flexibility for your family, guests, or a home office. Outside, enjoy the sunny California weather and take advantage of the community amenities incl

Key facts

• 9.63 acre lot
• Parking
• Community pool

Property features AI

Finance

• Other: Zoning: LARMP; Directions: From the 5 North, take exit 152 to Lankershim; left on Lankershim, park is on the left.
• Financial info: Monthly lease amount applicable; Annual land lease applicable
• HOA & community: Clubhouse; Pool; Fitness center; Card room; Pets allowed (per association rules); 120 units in the community

Exterior

• Parking: Driveway
• Home design: Residential mobile home; Lease land type
• Exterior features: Community pool

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator
• Flooring: Laminate floors
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heat; Central cooling
• Interior features: Living room; Laminate floors
• Laundry & utility: Laundry inside; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $215k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $215k).
• Recommended offer: $212k (1.5% below list) — sets the bar for market timing.
• Cap rate 12.4% vs local median 2.1% in Los Angeles — 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 68/100 on livability (#273 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B; Watch: health & safety C-, schools D+, crime F.
• Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-3.0%/yr); 75 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
• At $3,262/mo this rent would consume 60% of the median local household income ($65k/yr) (locally 3600% 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 $1k of loan paydown is wiped out by about $6k 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 + 0.0% rent growth), your $60k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($212k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

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

Recommended offer $211,775 (1.5% below list)

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 D-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. 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: 1.52% ✓
• Cap rate: 12.38%
• Cash-on-cash: 21.75%
• DSCR: 1.97
• GRM: 5.5

CMA / ARV

• ARV (on-the-fly): $209,132
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8250 Lankershim Blvd #198	0.07mi	3/2.0	1,056 (-2%)	7mo	$250,000	$237	87
8250 Lankershim Blvd Unit Orange 18	0.08mi	3/2.0	1,078 (0%)	22mo	$184,950	$172	78
8250 Lankershim Blvd #33	0.07mi	3/2.0	1,224 (+14%)	3mo	$225,000	$184	72
8250 Lankershim Blvd #10	0.08mi	3/2.0	980 (-9%)	16mo	$189,950	$194	68

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: 10.9%
• Equity multiple: 1.42×
• Total profit: $25,141
• Equity at exit: $32,057

10-year hold

• IRR: 17.4%
• Equity multiple: 2.24×
• Total profit: $74,630
• Equity at exit: $18,589

Cash invested: $60,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City Los Angeles: 0 Strongly Tenant-Friendly · D+22

LARSO + JCEO 2023; relocation for substantial remodel evictions.

Methodology + full state rankings →

ZIP-level market 91605

• Rents YoY: -3.0%
• Active inventory: 75
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $3,262 high
• Mortgage (P&I): −$1,127
• Tax est. 1.5%: −$269 /mo · $3,225/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$685
• Net cashflow: $1,091

Break-even live

Break-even rent $1,881

Max offer price $215,000

Occupancy floor 62%

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11836 Rialto St Sun Valley, CA	3.0	2.0	1412	$3,950	$2.80	24d	1	0.44mi
11969 Redbank St Sun Valley, CA	3.0	2.5	1500	$3,600	$2.40	24d	1	0.53mi
11554 Arminta St North Hollywood, CA	2.0	2.0	800	$3,395	$4.24	7d	1	0.53mi
11967 Redbank St Unit 1/2 Sun Valley, CA	2.0	2.0	800	$3,250	$4.06	24d	1	0.54mi
11840 Arminta St North Hollywood, CA	3.0	2.0	1200	$3,500	$2.92	10d	1	0.56mi
11842 Arminta St North Hollywood, CA	2.0	2.5	1020	$3,000	$2.94	7d	1	0.56mi
7834 Beck Ave North Hollywood, CA	3.0	2.5	1500	$4,950	$3.30	43d	1	0.58mi
11911 Stagg St North Hollywood, CA	3.0	2.0	1330	$4,000	$3.01	4d	1	0.68mi
11911 Stagg St North Hollywood, CA	3.0	2.0	1330	$4,000	$3.01	24d	1	0.68mi
8209 Bellingham Ave North Hollywood, CA	2.0	2.0	1050	$3,200	$3.05	7d	1	0.69mi
8391 San Fernando Rd Sun Valley, CA	3.0	2.0	897	$3,000	$3.34	43d	1	0.71mi
11145 Roscoe Blvd Sun Valley, CA	3.0	2.0	1500	$3,250	$2.17	24d	1	0.73mi
8935 Telfair Ave Sun Valley, CA	3.0	2.0	1375	$3,600	$2.62	43d	1	0.77mi
8505 Cranford Ave Sun Valley, CA	2.0	2.5	1200	$3,600	$3.00	43d	1	0.81mi
9031 El Dorado Ave Sun Valley, CA	3.0	2.0	1000	$3,150	$3.15	17d	1	0.82mi
7820 Vantage Ave North Hollywood, CA	3.0	1.0	1028	$3,125	$3.04	43d	1	0.83mi
7739 Laurel Canyon Blvd North Hollywood, CA	2.0	1.0	900	$2,195	$2.44	17d	1	0.88mi
12045 Keswick St North Hollywood, CA	2.0–3.0	2.0	1176	$2,905	$2.47	2d	2	0.89mi
12406 Cantara St North Hollywood, CA	3.0	3.5	1300	$3,850	$2.96	24d	1	0.97mi
11038 Arminta St Sun Valley, CA	2.0–3.0	1.0–2.0	975	$3,200	$3.28	2d	3	1.02mi
8168 Whitsett Ave North Hollywood, CA	2.0	1.0	800	$2,800	$3.50	43d	1	1.03mi
11721 Runnymede St North Hollywood, CA	1.0–3.0	1.0–2.0	954	$3,200	$3.35	15d	2	1.04mi
11731 Runnymede St Unit 3 North Hollywood, CA	3.0	2.0	1120	$3,000	$2.68	16d	1	1.04mi
7719 Rhodes Ave North Hollywood, CA	3.0	2.0	1302	$6,000	$4.61	43d	1	1.06mi
10960 Ratner St Unit 03 Sun Valley, CA	2.0	2.5	1145	$2,595	$2.27	43d	1	1.06mi
11252 Saticoy St Sun Valley, CA	3.0	2.5	1152	$3,800	$3.30	7d	1	1.06mi
7740 Case Ave Sun Valley, CA	3.0	2.0	1180	$3,950	$3.35	43d	1	1.07mi
11246 Saticoy St Sun Valley, CA	3.0	2.0	1235	$3,500	$2.83	43d	1	1.07mi
10938 Olinda St Sun Valley, CA	2.0	2.0	800	$2,700	$3.38	10d	1	1.08mi
11322 Covello St Sun Valley, CA	2.0	2.0	1050	$3,200	$3.05	24d	1	1.08mi
11744 Runnymede St North Hollywood, CA	2.0–3.0	1.0–2.0	950	$2,950	$3.11	5d	2	1.08mi
7401 Lankershim Blvd North Hollywood, CA	1.0–2.0	1.0–2.0	862	$2,850	$3.31	24d	4	1.11mi
11000 Penrose St Sun Valley, CA	2.0	3.0	1401	$3,900	$2.78	13d	1	1.11mi
7418 Farmdale Ave North Hollywood, CA	3.0	2.0	996	$3,800	$3.82	43d	1	1.13mi
7408 Radford Ave North Hollywood, CA	3.0	2.0	1250	$3,350	$2.68	43d	1	1.13mi
10817 White St Sun Valley, CA	2.0	1.0	750	$1,895	$2.53	43d	1	1.13mi
7810 Wilkinson Ave North Hollywood, CA	2.0	1.0	1100	$2,800	$2.55	1d	1	1.14mi
7810 Wilkinson Ave North Hollywood, CA	2.0	1.0	1100	$3,000	$2.73	43d	1	1.14mi
7858 Craner Ave Sun Valley, CA	3.0	2.0	1190	$4,000	$3.36	43d	1	1.15mi
7744 Vineland Ave Sun Valley, CA	3.0	2.0	1260	$3,400	$2.70	43d	1	1.17mi

Listing history 14 events

1. 2026-06-18
   days on market $215,000 Active 28 DOM
2. 2026-06-17
   days on market $215,000 Active 27 DOM
3. 2026-06-16
   days on market $215,000 Active 26 DOM
4. 2026-06-15
   days on market $215,000 Active 25 DOM
5. 2026-06-13
   days on market $215,000 Active 23 DOM
6. 2026-06-09
   days on market $215,000 Active 19 DOM
7. 2026-06-08
   days on market $215,000 Active 18 DOM
8. 2026-06-07
   days on market $215,000 Active 17 DOM
9. 2026-06-04
   days on market $215,000 Active 14 DOM
10. 2026-06-03
    days on market $215,000 Active 13 DOM
11. 2026-06-02
    days on market $215,000 Active 12 DOM
12. 2026-06-01
    days on market $215,000 Active 11 DOM
13. 2026-05-31
    days on market $215,000 Active 10 DOM
14. 2026-05-21
    listed $215,000 Active

ⓘ 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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥96°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $39,143
• − Mortgage interest: −$12,043
• − Property taxes: −$3,225
• − Insurance: −$1,075
• − Repairs & maintenance: −$3,131
• − Management: −$3,131
• − Depreciation: −$6,255
• Taxable income: $10,282
• Est. tax owed @ 24.0%: −$2,468
• After-tax cash flow: $10,625/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 · 21 photos

Good 80/100 Cosmetic rehab

This well-maintained, modern manufactured home in North Hollywood offers a comfortable living space with a good condition score and minimal repairs needed. The property's location and community amenities add significant value.

Value-add opportunities

• Both paint exterior — enhances curb appeal and value
• Resale install new flooring in bathrooms — improves aesthetics and functionality
• Both install smart home features — increases convenience and marketability

Renovation cost estimate screening

Value-add ROI direction

• Both paint exterior — enhances curb appeal and value ↑
• Resale install new flooring in bathrooms — improves aesthetics and functionality ↑
• Both install smart home features — increases convenience and marketability ↑

ⓘ 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: Los Angeles Unified
• NCES district ID: 0622710
• Math proficiency: 29% ▼ -4.00%
• Reading proficiency: 54% ▲ 10.00%
• Median HH income: $50,403
• Composite: 35.67/100
• National rank: #4875
• State rank: #223 of 517 in CA

Livability — Los Angeles

• Score: 68/100
• State rank: #273
• US rank: #9237

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Los Angeles, CA
• County: Los Angeles County · 9,444,647 people
• City population: 3,838,149
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 49,868
• Household income: $65,481
• Rent vs Own: 63.0% rent · 37.0% own
• Severe rent burden: 3600.0

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: Majority Hispanic (62%)
• Race & ethnicity: Hispanic / Latino 62% White 26% Two or more races 22% Asian 8% Black 2% Native American 1%
• Hispanic origin (detail): Mexican 35%
• Common ancestry: Lithuanian 1% Romanian 1%
• Foreign-born: 47% · Canada, South Korea, Vietnam
• Languages at home: 23% English-only · Spanish 55% Other Indo-European 15% Tagalog/Filipino 3%

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: ▼ -991.52%
• Current HPI: 504.7685
• Rent YoY: ▼ -2.95%
• 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

1 event — show timeline

• 2026-05-21 Listed $215,000 TheMLS