2075 W Rialto #29 · San Bernardino, CA 92410

$35,000

2 bd · 1.0 ba · 720 sqft · Manufactured · 27 Days on market

Built 1968 720 sqft lot $49/sqft · 67% below area ↓ 31% since listing

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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
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +3.9/5.0
• Schools +3.1/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming 1 bedroom, 1 bathroom mobile home offering approximately 720 sq. ft. of living space. The home features a functional layout, comfortable living area, and a practical kitchen design with plenty of cabinet space. The mobile home will need to be removed from the park by the buyer. This presents a unique opportunity for relocation, investment, or future customization. A great opportunity for easy, low-maintenance living.

Key facts

• Spacious bedrooms
• 2 garage spots
• Built 1968

Tags

• FUNCTIONAL FLOOR PLAN
• COMFORTABLE LIVING AREA
• SPACIOUS BEDROOMS

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $35k.

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 ($2k rent vs $35k).
• Recommended offer: $34k (1.5% below list) — sets the bar for market timing.
• Cap rate 44.8% vs local median 3.5% in San Bernardino — 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 59/100 on livability (#661 in CA) — a working-class tenant base; expect higher turnover. Strengths: commute A+, housing A; Watch: schools D, employment D, crime F.
• Rialto Unified (suburban): math 25% / reading 46% proficiency, ranked #268 of 517 in CA (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.5%/yr); 90 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).
• This rent runs 38% of the median local income ($54k/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 $242 of loan paydown is wiped out by about $1k 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.
• At projected returns (-3.0% appreciation + 5.5% rent growth), your $10k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($34k) is reasonable based on typical stale-listing flexibility.

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 $34,475 (1.5% below list)

Questions for the listing agent

1. Built in 1968 — 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. 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?
4. 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?
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: 4.94% ✓
• Cap rate: 44.85%
• Cash-on-cash: 137.69%
• DSCR: 7.13
• GRM: 1.7

CMA / ARV

• ARV (median comp): $107,211
• List price: $35,000
• Delta: -55.23%
• Verdict: UNDERPRICED
• Comps: 10 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2075 W Rialto Ave #46	0.03mi	3/1.0 (+1)	720 (0%)	20mo	$117,000	$163	77
2250 Chestnut St #53	0.36mi	2/1.0	752 (+4%)	10mo	$52,000	$69	67
2250 W Mill St #53	0.53mi	2/1.0	768 (+7%)	5mo	$60,000	$78	60

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 · 5.5% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 8.19×
• Total profit: $70,431
• Equity at exit: $5,219

10-year hold

• IRR: —
• Equity multiple: 18.64×
• Total profit: $172,915
• Equity at exit: $3,026

Cash invested: $9,800 (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 92410

• Home prices YoY: -9.7%
• Rents YoY: 5.5%
• Active inventory: 90
• Price-to-rent: 1.7×

Monthly cashflow live

• Estimated rent: $1,730 medium
• Mortgage (P&I): −$184
• Tax est. 1.5%: −$44 /mo · $525/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$363
• Net cashflow: $1,124

Break-even live

Break-even rent $306

Max offer price $35,000

Occupancy floor 30%

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2001 N Rancho Ave Colton, CA	1.0	1.0	560	$1,725	$3.08	1d	5	0.56mi
555 Ramona Ave San Bernardino, CA	1.0	1.0	724	$1,650	$2.28	43d	1	1.10mi
1331 N Pennsylvania Ave Unit 1331 Colton, CA	1.0	1.0	750	$1,600	$2.13	2d	1	1.24mi
870 E Morgan St Unit A Rialto, CA	1.0	1.0	750	$1,690	$2.25	43d	1	1.47mi

Listing history 17 events

1. 2026-06-18
   days on market $35,000 Active 27 DOM
2. 2026-06-17
   days on market $35,000 Active 26 DOM
3. 2026-06-16
   days on market $35,000 Active 25 DOM
4. 2026-06-15
   days on market $35,000 Active 24 DOM
5. 2026-06-13
   days on market $35,000 Active 22 DOM
6. 2026-06-13
   days on market $35,000 Active 21 DOM
7. 2026-06-09
   days on market $35,000 Active 18 DOM
8. 2026-06-08
   days on market $35,000 Active 17 DOM
9. 2026-06-07
   days on market $35,000 Active 16 DOM
10. 2026-06-04
    days on market $35,000 Active 13 DOM
11. 2026-06-03
    days on market $35,000 Active 12 DOM
12. 2026-06-02
    days on market $35,000 Active 11 DOM
13. 2026-06-01
    days on market $35,000 Active 10 DOM
14. 2026-05-31
    days on market $35,000 Active 9 DOM
15. 2026-02-19
    price $48,000 445-char remark

    Show marketing remark (445 chars)

    Welcome to this charming 1 bedroom, 1 bathroom mobile home offering approximately 720 sq. ft. of living space. The home features a functional layout, comfortable living area, and a practical kitchen design with plenty of cabinet space. The mobile home will need to be removed from the park by the buyer. This presents a unique opportunity for relocation, investment, or future customization. A great opportunity for easy, low-maintenance living.

16. 2026-01-27
    price $65,000 445-char remark

    Show marketing remark (445 chars)

    Welcome to this charming 1 bedroom, 1 bathroom mobile home offering approximately 720 sq. ft. of living space. The home features a functional layout, comfortable living area, and a practical kitchen design with plenty of cabinet space. The mobile home will need to be removed from the park by the buyer. This presents a unique opportunity for relocation, investment, or future customization. A great opportunity for easy, low-maintenance living.

17. 2025-12-22
    listed $70,000 Active 445-char remark

    Show marketing remark (445 chars)

    Welcome to this charming 1 bedroom, 1 bathroom mobile home offering approximately 720 sq. ft. of living space. The home features a functional layout, comfortable living area, and a practical kitchen design with plenty of cabinet space. The mobile home will need to be removed from the park by the buyer. This presents a unique opportunity for relocation, investment, or future customization. A great opportunity for easy, low-maintenance living.

ⓘ 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 8/10 Severe 7 d/yr ≥102°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 25 unhealthy d/yr today · 31 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,754
• − Mortgage interest: −$1,961
• − Property taxes: −$525
• − Insurance: −$175
• − Repairs & maintenance: −$1,660
• − Management: −$1,660
• − Depreciation: −$1,018
• Taxable income: $13,755
• Est. tax owed @ 24.0%: −$3,301
• After-tax cash flow: $10,192/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: Rialto Unified
• NCES district ID: 0632370
• Math proficiency: 25% ▲ 3.00%
• Reading proficiency: 46% ▲ 10.00%
• Median HH income: $50,916
• Composite: 30.77/100
• National rank: #6154
• State rank: #268 of 517 in CA

Livability — San Bernardino

• Score: 59/100
• State rank: #661
• US rank: #20479

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: San Bernardino, CA
• County: San Bernardino County · 2,030,291 people
• City population: 255,614
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 47,869
• Household income: $54,181
• Rent vs Own: 58.3% rent · 41.7% own
• Severe rent burden: 2569.0

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 (80%)
• Race & ethnicity: Hispanic / Latino 80% Two or more races 12% Black 8% White 7% Asian 3%
• Hispanic origin (detail): Mexican 70%
• Common ancestry: Romanian 0%
• Foreign-born: 29% · Canada, Vietnam, Jamaica
• Languages at home: 32% English-only · Spanish 65% Vietnamese 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: ▼ -54.39%
• Current HPI: 504.0299
• Rent YoY: ▲ 5.50%
• 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

-31.4% since first listed

3 events — show timeline

• 2026-02-19 Price Changed $48,000 CRMLS
• 2026-01-27 Price Changed $65,000 CRMLS
• 2025-12-22 Listed $70,000 CRMLS