5700 Carbon Canyon Rd #62 · Brea, CA 92823

$115,000

3 bd · 2.0 ba · 1,140 sqft · Manufactured · 66 Days on market

Built 1967 $101/sqft · 13% above area Est $102k · 13% over

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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
• Appreciation +7.3/10.0
• Schools +5.1/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +1.6/15.0

Listing remarks MLS

Welcome to an exceptional opportunity to craft your dream home in the highly desirable Hollydale Mobile Home Park, nestled in the heart of Brea. This spacious 3-bedroom, 2-bathroom residence offers an inviting open-concept kitchen complete with stainless steel appliances, generous living areas, and breathtaking canyon and mountain views that set it apart from anything else on the market. Perched to capture sweeping natural vistas, the home’s setting is truly remarkable. Enjoy peaceful mornings and vibrant sunsets overlooking rolling hills and serene canyons—an everyday luxury that enhances the home’s warm, tranquil atmosphere. Inside, the flexible floor plan provides three full bathrooms and well-sized bedrooms, making it ideal for multi-generational living, guest accommodations, or a dedicated home office. The private yard offers endless possibilities—garden, entertain, or simply unwind in your own outdoor retreat. A covered carport adds convenience with off-street parking and additional storage options. Hollydale Mobile Home Park is a welcoming, family-friendly community known for its scenic hillside location and inviting amenities. Residents typically enjoy access to a community clubhouse, swimming pool, spa, and recreational areas designed for relaxation and social gatherings. The elevated setting provides a sense of privacy while still offering quick access to shopping, dining, and major transportation routes. Living in Brea means embracing a vibrant city with award-winning schools, an extensive park system, and popular destinations such as the Brea Mall and Downtown Brea’s restaurants, entertainment, and the Brea Improv. Outdoor enthusiasts will appreciate the nearby trails and open spaces, including Carbon Canyon Regional Park with its iconic redwood grove and scenic hiking paths. Convenient freeway access makes commuting throughout Orange County and beyond simple and efficient. This is a rare chance to secure a home with incredible views, outstanding potential, and a prime Brea location. Bring your vision and transform this property into the personalized haven you’ve been waiting for. Call today to learn more or schedule your personal tour - your perfect home could be waiting for you! Each person applying for residency must complete an application and meet the community's requirements. All measurements are approximate, and lot lease amounts are estimated and subject to change.

Key facts

• Open-concept kitchen
• Covered carport
• Private yard

Tags

• OPEN-CONCEPT KITCHEN
• STAINLESS STEEL APPLIANCES
• BREATHTAKING CANYON VIEWS
• MOUNTAIN VIEWS
• PRIVATE YARD
• COVERED CARPORT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $115k.

Deal economics

• At list price, monthly cash flow is $2k ($22k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $115k).
• Recommended offer: $108k (6.0% below list) — sets the bar for market timing.
• Cap rate 25.7% vs local median 2.1% in Brea — 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 (#100 in CA, #3,570 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, employment A+, commute A-; Watch: health & safety C-, cost of living F.
• Brea-Olinda Unified (suburban): math 48% / reading 65% proficiency, ranked #84 of 517 in CA (top 16%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Olinda Elementary (671 students, 15% FRL); Brea Junior High (math 49% / reading 66%, grade B, #67 of 498 statewide, top 13%, 907 students, 22% FRL); Brea Olinda High (math 47% / reading 68%, grade C, #232 of 1,170 statewide, top 20%, 1,681 students, 22% FRL) — zoned schools at 20% FRL track the district average.
• Market conditions: 10 active listings in the ZIP; 6,974 units permitted in Orange County in 2024 (3,839 in 5+ unit buildings).

Forward outlook

• In year one you build about $6k of equity ($795 loan paydown + $5k appreciation (4.6% local appreciation)).
• Orange County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (4.6% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 66 days — a 6% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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: major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $108,100 (6.0% below list)

Questions for the listing agent

1. It's been on market 66 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 2.92% ✓
• Cap rate: 25.71%
• Cash-on-cash: 69.34%
• DSCR: 4.09
• GRM: 2.9

CMA / ARV

• ARV (median comp): $101,711
• List price: $115,000
• Delta: 13.07%
• Verdict: OVERPRICED
• Comps: 6 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5700 Carbon Canyon Rd #61	0.00mi	3/2.0	1,248 (+10%)	4mo	$108,000	$87	80
5700 Carbon Canyon Rd #92	0.00mi	2/2.0 (-1)	1,140 (0%)	20mo	$90,000	$79	79
5700 Carbon Canyon Rd #36	0.09mi	2/2.0 (-1)	1,200 (+5%)	7mo	$99,950	$83	76
5700 Carbon Cyn #130	0.00mi	3/2.0	1,300 (+14%)	2mo	$105,000	$81	75
5700 Carbon Canyon Rd	0.08mi	2/2.0 (-1)	1,200 (+5%)	18mo	$105,000	$88	67
5700 Carbon Canyon Rd #49	0.00mi	2/2.0 (-1)	1,248 (+10%)	23mo	$129,000	$103	60
5700 Carbon Canyon Rd #6	0.44mi	2/1.0 (-1)	1,040 (-9%)	15mo	$149,000	$143	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.62% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 75.5%
• Equity multiple: 5.43×
• Total profit: $142,558
• Equity at exit: $62,507

10-year hold

• IRR: 73.7%
• Equity multiple: 11.24×
• Total profit: $329,854
• Equity at exit: $105,739

Cash invested: $32,200 (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 92823

• Home prices YoY: 1.3%
• Active inventory: 10
• Price-to-rent: 2.9×

Monthly cashflow live

• Estimated rent: $3,361 medium
• Mortgage (P&I): −$603
• Tax est. 1.5%: −$144 /mo · $1,725/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$706
• Net cashflow: $1,861

Break-even live

Break-even rent $1,006

Max offer price $115,000

Occupancy floor 40%

Sensitivity live

Price	-10% $1,940	-5% $1,900	+0% $1,861	+5% $1,821	+10% $1,781
Rent	-10% $1,595	-5% $1,728	+0% $1,861	+5% $1,993	+10% $2,126
Rate	-1.0pp $1,919	-0.5pp $1,890	base $1,861	+0.5pp $1,831	+1.0pp $1,801

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-21
   days on market $115,000 Active 66 DOM
2. 2026-06-18
   days on market $115,000 Active 63 DOM
3. 2026-06-17
   days on market $115,000 Active 62 DOM
4. 2026-06-16
   days on market $115,000 Active 61 DOM
5. 2026-06-15
   days on market $115,000 Active 60 DOM
6. 2026-06-13
   days on market $115,000 Active 58 DOM
7. 2026-06-13
   days on market $115,000 Active 57 DOM
8. 2026-06-09
   days on market $115,000 Active 54 DOM
9. 2026-06-08
   days on market $115,000 Active 53 DOM
10. 2026-06-07
    days on market $115,000 Active 52 DOM
11. 2026-06-04
    days on market $115,000 Active 49 DOM
12. 2026-06-03
    days on market $115,000 Active 48 DOM
13. 2026-06-02
    days on market $115,000 Active 47 DOM
14. 2026-06-01
    days on market $115,000 Active 46 DOM
15. 2026-05-31
    days on market $115,000 Active 45 DOM
16. 2026-04-27
    status Active 2464-char remark

    Show marketing remark (2464 chars)

    Welcome to an exceptional opportunity to craft your dream home in the highly desirable Hollydale Mobile Home Park, nestled in the heart of Brea. This spacious 3-bedroom, 2-bathroom residence offers an inviting open-concept kitchen complete with stainless steel appliances, generous living areas, and breathtaking canyon and mountain views that set it apart from anything else on the market. Perched to capture sweeping natural vistas, the home’s setting is truly remarkable. Enjoy peaceful mornings and vibrant sunsets overlooking rolling hills and serene canyons—an everyday luxury that enhances the home’s warm, tranquil atmosphere. Inside, the flexible floor plan provides three full bathrooms and well-sized bedrooms, making it ideal for multi-generational living, guest accommodations, or a dedicated home office. The private yard offers endless possibilities—garden, entertain, or simply unwind in your own outdoor retreat. A covered carport adds convenience with off-street parking and additional storage options. Hollydale Mobile Home Park is a welcoming, family-friendly community known for its scenic hillside location and inviting amenities. Residents typically enjoy access to a community clubhouse, swimming pool, spa, and recreational areas designed for relaxation and social gatherings. The elevated setting provides a sense of privacy while still offering quick access to shopping, dining, and major transportation routes. Living in Brea means embracing a vibrant city with award-winning schools, an extensive park system, and popular destinations such as the Brea Mall and Downtown Brea’s restaurants, entertainment, and the Brea Improv. Outdoor enthusiasts will appreciate the nearby trails and open spaces, including Carbon Canyon Regional Park with its iconic redwood grove and scenic hiking paths. Convenient freeway access makes commuting throughout Orange County and beyond simple and efficient. This is a rare chance to secure a home with incredible views, outstanding potential, and a prime Brea location. Bring your vision and transform this property into the personalized haven you’ve been waiting for. Call today to learn more or schedule your personal tour - your perfect home could be waiting for you! Each person applying for residency must complete an application and meet the community's requirements. All measurements are approximate, and lot lease amounts are estimated and subject to change.

17. 2026-04-26
    historical 2464-char remark

    Show marketing remark (2464 chars)

    Welcome to an exceptional opportunity to craft your dream home in the highly desirable Hollydale Mobile Home Park, nestled in the heart of Brea. This spacious 3-bedroom, 2-bathroom residence offers an inviting open-concept kitchen complete with stainless steel appliances, generous living areas, and breathtaking canyon and mountain views that set it apart from anything else on the market. Perched to capture sweeping natural vistas, the home’s setting is truly remarkable. Enjoy peaceful mornings and vibrant sunsets overlooking rolling hills and serene canyons—an everyday luxury that enhances the home’s warm, tranquil atmosphere. Inside, the flexible floor plan provides three full bathrooms and well-sized bedrooms, making it ideal for multi-generational living, guest accommodations, or a dedicated home office. The private yard offers endless possibilities—garden, entertain, or simply unwind in your own outdoor retreat. A covered carport adds convenience with off-street parking and additional storage options. Hollydale Mobile Home Park is a welcoming, family-friendly community known for its scenic hillside location and inviting amenities. Residents typically enjoy access to a community clubhouse, swimming pool, spa, and recreational areas designed for relaxation and social gatherings. The elevated setting provides a sense of privacy while still offering quick access to shopping, dining, and major transportation routes. Living in Brea means embracing a vibrant city with award-winning schools, an extensive park system, and popular destinations such as the Brea Mall and Downtown Brea’s restaurants, entertainment, and the Brea Improv. Outdoor enthusiasts will appreciate the nearby trails and open spaces, including Carbon Canyon Regional Park with its iconic redwood grove and scenic hiking paths. Convenient freeway access makes commuting throughout Orange County and beyond simple and efficient. This is a rare chance to secure a home with incredible views, outstanding potential, and a prime Brea location. Bring your vision and transform this property into the personalized haven you’ve been waiting for. Call today to learn more or schedule your personal tour - your perfect home could be waiting for you! Each person applying for residency must complete an application and meet the community's requirements. All measurements are approximate, and lot lease amounts are estimated and subject to change.

18. 2026-04-16
    listed $115,000 Active 2464-char remark

    Show marketing remark (2464 chars)

    Welcome to an exceptional opportunity to craft your dream home in the highly desirable Hollydale Mobile Home Park, nestled in the heart of Brea. This spacious 3-bedroom, 2-bathroom residence offers an inviting open-concept kitchen complete with stainless steel appliances, generous living areas, and breathtaking canyon and mountain views that set it apart from anything else on the market. Perched to capture sweeping natural vistas, the home’s setting is truly remarkable. Enjoy peaceful mornings and vibrant sunsets overlooking rolling hills and serene canyons—an everyday luxury that enhances the home’s warm, tranquil atmosphere. Inside, the flexible floor plan provides three full bathrooms and well-sized bedrooms, making it ideal for multi-generational living, guest accommodations, or a dedicated home office. The private yard offers endless possibilities—garden, entertain, or simply unwind in your own outdoor retreat. A covered carport adds convenience with off-street parking and additional storage options. Hollydale Mobile Home Park is a welcoming, family-friendly community known for its scenic hillside location and inviting amenities. Residents typically enjoy access to a community clubhouse, swimming pool, spa, and recreational areas designed for relaxation and social gatherings. The elevated setting provides a sense of privacy while still offering quick access to shopping, dining, and major transportation routes. Living in Brea means embracing a vibrant city with award-winning schools, an extensive park system, and popular destinations such as the Brea Mall and Downtown Brea’s restaurants, entertainment, and the Brea Improv. Outdoor enthusiasts will appreciate the nearby trails and open spaces, including Carbon Canyon Regional Park with its iconic redwood grove and scenic hiking paths. Convenient freeway access makes commuting throughout Orange County and beyond simple and efficient. This is a rare chance to secure a home with incredible views, outstanding potential, and a prime Brea location. Bring your vision and transform this property into the personalized haven you’ve been waiting for. Call today to learn more or schedule your personal tour - your perfect home could be waiting for you! Each person applying for residency must complete an application and meet the community's requirements. All measurements are approximate, and lot lease amounts are estimated and subject to change.

ⓘ 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 6/10 Major
• 🌡 Heat 6/10 Major 7 d/yr ≥98°F today · 22 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 8 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,335
• − Mortgage interest: −$6,442
• − Property taxes: −$1,725
• − Insurance: −$575
• − Repairs & maintenance: −$3,227
• − Management: −$3,227
• − Depreciation: −$3,345
• Taxable income: $21,794
• Est. tax owed @ 24.0%: −$5,231
• After-tax cash flow: $17,097/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: Brea-Olinda Unified
• NCES district ID: 0605880
• Math proficiency: 48% ▼ -14.00%
• Reading proficiency: 65% ▼ -2.00%
• Median HH income: $83,131
• Composite: 51.28/100
• National rank: #1748
• State rank: #84 of 517 in CA

Livability — Brea

• Score: 76/100
• State rank: #100
• US rank: #3570

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Brea, CA
• City population: 41,623
• Population (ZIP): 5,141

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: Highly diverse neighborhood (Simpson 0.71)
• Race & ethnicity: Asian 43% White 24% Hispanic / Latino 21% Two or more races 17% Black 5%
• Hispanic origin (detail): Mexican 15% Cuban 1%
• Common ancestry: Romanian 6% Scotch-Irish 5% Italian 1%
• Foreign-born: 33% · South Korea, China, Canada
• Languages at home: 58% English-only · Chinese 11% Korean 11% Spanish 8%

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: ▲ 4.62%
• Current HPI: 355.1611
• 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

3 events — show timeline

• 2026-04-27 Relisted — CRMLS
• 2026-04-26 Listing Removed — CRMLS
• 2026-04-16 Listed $115,000 CRMLS

Property tax history

+0.3%/yr

Latest (2025): $59 · +3.2% YoY. Source: county tax records.