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1065 Lomita Blvd #231
B+ Composite 75.41
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
  • ARV discount +12.9/15.0
  • DSCR +10.0/10.0
  • 1% rule +9.7/10.0
  • Schools +3.6/10.0
  • Rent growth +3.3/5.0
  • Livability +3.2/5.0
  • Condition / age +2.8/5.0
  • Appreciation +0.0/10.0

$250,000

1065 Lomita Blvd #231 · West Carson, CA 90710
3 bd · 2.0 ba · 1,536 sqft · Manufactured · 27 Days on market
Built 1973 Average condition Est $284k · 12% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

A WONDERFUL FIND! Highly sought after and hard to come by, a 3-bedroom, 2-bath home with a den and one of the lowest space rents in the area. Beautifully maintained CORNER home located in the desirable 55+ community of San Rafael Mobile Home Estates in Harbor City. This spacious home offers extra privacy, abundant natural light, and a comfortable layout, all in a convenient location close to guest parking. An added bonus is that the community allows 18+ occupants, making it a great option for flexible living arrangements. Lovingly cared for over the years, this home has a warm, inviting feel and a traditional design, all kept in wonderful condition. The spacious living room and den offer am

Key facts

  • Corner-unit home
  • Enclosed patio
  • 2 parking spots

Tags

CORNER-UNIT HOMEENCLOSED PATIOWATER-CONSERVATION LANDSCAPINGLARGE COVERED CARPORTOVERSIZED STORAGE UNITRESORT-STYLE AMENITIES

Property features AI

Finance

  • Other: Directions: Enter park and turn left to last street. Turn right and the home is on the corner, second to last street from the back.; Exclusions: Personal property
  • Financial info: Monthly land lease of $1,300 (current)
  • HOA & community: Senior community; Located in a suburban park (San Rafael)

Exterior

  • Parking: Attached carport (2 spaces)
  • Utilities: Public sewer; District/public water
  • Home design: Single-story mobile home; Mobile home remains on site; Faces north; Mobile dimensions approximately 24' x 64'
  • Construction: Year built per public records; Public records listed living area source
  • Exterior features: Community pool; Back yard; One shed

Interior

  • Bathrooms: One full bathroom; One three-quarter bathroom
  • Interior features: One-level entry; Entry located on main level; Located on a corner lot
  • Laundry & utility: Inside laundry room; Washer included; Dryer included; Washer hookup; Gas dryer hookup; Individual laundry room

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $250k. Condition is rated average.

Deal economics

  • At list price, monthly cash flow is $1k ($14k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $250k).
  • Recommended offer: $246k (1.5% below list) — sets the bar for market timing.
  • Cap rate 11.9% vs local median 2.8% in West Carson — 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 64/100 on livability (#408 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+; Watch: crime D+, amenities F, cost of living 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 rising (+3.1%/yr); 63 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
  • At $3,675/mo this rent would consume 53% of the median local household income ($82k/yr) (locally 979% 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 $2k of loan paydown is wiped out by about $8k 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 + 3.1% rent growth), your $70k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 27 days — a 2% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
Recommended offer $246,250 (1.5% below list)

Questions for the listing agent

  1. Built in 1973 — 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 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?
  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
1.47%
Cap rate
11.94%
Cash-on-cash
20.16%
DSCR
1.90
GRM
5.7

CMA / ARV

ARV (on-the-fly)
$284,160
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1065 Lomita Blvd #199 0.00mi 2/2.0 (-1) 1,550 (+1%) 1mo $222,500 $144 93
1065 Lomita Blvd #180 0.14mi 3/2.0 1,554 (+1%) 2mo $375,000 $241 90
1065 Lomita Blvd #248 0.15mi 2/2.0 (-1) 1,536 (0%) 3mo $250,000 $163 85
1065 Lomita Blvd #7 0.00mi 2/2.0 (-1) 1,440 (-6%) 5mo $295,000 $205 81
1065 Lomita Blvd #172 0.00mi 2/2.0 (-1) 1,440 (-6%) 7mo $241,000 $167 79
1065 W Lomita Blvd #153 0.14mi 2/2.0 (-1) 1,440 (-6%) 1mo $266,000 $185 78
1065 Lomita Blvd #455 0.00mi 3/2.0 1,680 (+9%) 8mo $255,000 $152 78
1065 Lomita Blvd #115 0.00mi 3/2.0 1,700 (+11%) 9mo $315,000 $185 75
1065 Lomita Blvd #147 0.00mi 2/2.0 (-1) 1,344 (-12%) 0mo $160,000 $119 74
1065 Lomita Blvd #449 0.21mi 2/2.0 (-1) 1,440 (-6%) 2mo $337,000 $234 73
1065 Lomita Blvd #391 0.21mi 2/2.0 (-1) 1,440 (-6%) 4mo $305,000 $212 72
760 Lomita Blvd #116 0.57mi 3/2.0 1,620 (+6%) 8mo $295,000 $182 57

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 · 3.13% rent growth · sell at horizon

5-year hold
IRR
12.5%
Equity multiple
1.50×
Total profit
$34,914
Equity at exit
$37,276
10-year hold
IRR
21.5%
Equity multiple
2.84×
Total profit
$129,039
Equity at exit
$21,615

Cash invested: $70,000 (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.

ZIP-level market 90710

Rents YoY
3.1%
Active inventory
63
Price-to-rent
5.7×

Monthly cashflow live

Estimated rent
$3,675 high interval (Pro) →
Mortgage (P&I)
$1,311
Tax est. 1.5%
$312 /mo · $3,750/yr
Insurance
$104
HOA
$0
Vacancy / Maint / Mgmt
$772
Net cashflow
$1,176

Break-even live

Break-even rent $2,187
Max offer price $250,000
Occupancy floor 63%

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
$62,500
Closing costs
$7,500
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 31 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1115 252nd St Unit 6 Harbor City, CA 2.0 1.0 1250 $1,999 $1.60 43d 1 0.39mi
1309 Hunt Ter Harbor City, CA 4.0 2.5 1685 $4,500 $2.67 43d 1 0.40mi
1361 Abraham Ter Harbor City, CA 4.0 2.5 2018 $4,300 $2.13 13d 1 0.44mi
1008 Harbor Heights Dr Unit B Harbor City, CA 3.0 2.5 1434 $3,295 $2.30 14d 1 0.55mi
1435 Lomita Blvd #105 Harbor City, CA 3.0 2.0 1260 $3,250 $2.58 43d 1 0.58mi
24223 Ambassador Pl Harbor City, CA 3.0 2.0 1208 $3,800 $3.15 5d 1 0.67mi
25595 Pine Creek Ln Wilmington, CA 2.0 1.5 1170 $3,300 $2.82 11d 1 0.83mi
1732 251st St Lomita, CA 3.0 1.0 1200 $4,000 $3.33 43d 1 0.96mi
25122 Ebony Ln Lomita, CA 2.0 2.0 1716 $2,955 $1.72 20d 1 1.03mi
23502 Nicolle Ave Carson, CA 4.0 2.0 1700 $7,000 $4.12 1d 1 1.03mi
1311 Sepulveda Blvd Torrance, CA 2.0 2.0 1050 $3,650 $3.48 20d 1 1.10mi
25316 Ebony Ln Ste 1 Lomita, CA 3.0 3.0 1890 $3,415 $1.81 10d 1 1.13mi
25316 Ebony Ln Lomita, CA 3.0 3.0 1890 $3,415 $1.81 12d 1 1.13mi
1530 260th St Apt 6 Harbor City, CA 3.0 2.0 1150 $3,295 $2.87 20d 1 1.17mi
1918 252nd St Lomita, CA 3.0 2.0 1488 $3,900 $2.62 43d 1 1.20mi
22919 Mariposa Ave Torrance, CA 2.0–3.0 2.5–4.0 1480 $4,000 $2.70 43d 2 1.20mi
26127 Frampton Ave Unit F Harbor City, CA 3.0 2.5 1161 $3,200 $2.76 43d 1 1.20mi
1676 259th St Harbor City, CA 2.0 1.0 1250 $2,795 $2.24 16d 1 1.20mi
25018 Eshelman Ave Unit 9 Lomita, CA 2.0 2.5 1400 $3,295 $2.35 24d 1 1.21mi
25018 Eshelman Ave Lomita, CA 2.0 2.5 1400 $3,295 $2.35 43d 1 1.22mi
22919 Mariposa Ave #202 Torrance, CA 3.0 4.0 1780 $4,000 $2.25 24d 1 1.23mi
22716 Meyler St Torrance, CA 3.0 3.0 1650 $4,700 $2.85 22d 1 1.32mi
22859 Morro Dr Carson, CA 4.0 3.0 2075 $4,350 $2.10 17d 1 1.34mi
22859 Morro Dr Carson, CA 4.0 3.0 2075 $4,500 $2.17 43d 1 1.34mi
2067 Lomita Blvd Lomita, CA 4.0 2.0 2070 $4,950 $2.39 4d 1 1.36mi
22839 Morro Dr Carson, CA 4.0 3.0 2160 $4,295 $1.99 12d 1 1.37mi
24139 Ravenna Ave Carson, CA 4.0 2.0 1356 $4,500 $3.32 18d 1 1.40mi
25021 Oak St Lomita, CA 3.0 2.0 1281 $3,995 $3.12 7d 1 1.43mi
25326 Oak St Unit 1 Lomita, CA 3.0 2.0 1300 $3,650 $2.81 43d 1 1.46mi
22553 Firenze St Carson, CA 3.0 2.5 2012 $4,500 $2.24 24d 1 1.46mi
1309 Songbird Way Torrance, CA 4.0 4.0 2016 $4,650 $2.31 14d 1 1.47mi

Listing history 14 events

  1. 2026-06-18
    days on market $250,000 Active 27 DOM
  2. 2026-06-17
    days on market $250,000 Active 26 DOM
  3. 2026-06-16
    days on market $250,000 Active 25 DOM
  4. 2026-06-15
    days on market $250,000 Active 24 DOM
  5. 2026-06-13
    pricedays on market $250,000 Active 22 DOM
  6. 2026-06-09
    days on market $265,000 Active 18 DOM
  7. 2026-06-08
    days on market $265,000 Active 17 DOM
  8. 2026-06-07
    days on market $265,000 Active 16 DOM
  9. 2026-06-04
    days on market $265,000 Active 13 DOM
  10. 2026-06-03
    days on market $265,000 Active 12 DOM
  11. 2026-06-02
    days on market $265,000 Active 11 DOM
  12. 2026-06-01
    days on market $265,000 Active 10 DOM
  13. 2026-05-31
    days on market $265,000 Active 9 DOM
  14. 2026-05-22
    listed $265,000 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 3/10 Moderate 7 d/yr ≥87°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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$44,104
− Mortgage interest
−$14,004
− Property taxes
−$3,750
− Insurance
−$1,250
− Repairs & maintenance
−$3,528
− Management
−$3,528
− Depreciation
−$7,273
Taxable income
$10,771
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,585
After-tax cash flow
$11,525/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 · 30 photos

Average 55/100 Cosmetic rehab

This corner-unit home in San Rafael Mobile Home Estates is in average condition with some minor repairs and maintenance needed. It offers a spacious layout and is in a desirable location, making it a good investment opportunity.

Repairs flagged

  • Minor Paint — Some discoloration on walls
  • Minor Flooring — Some wear on carpet
  • Minor Exterior Siding — Some discoloration

Value-add opportunities

  • Resale Paint — Fresh paint can make a home look more appealing
  • Resale Flooring — New flooring can improve the home's appearance
  • Resale Exterior Siding — Fresh paint on siding can improve curb appeal

Renovation cost estimate screening

Repair itemSeverityEst. cost
Paint · Some discoloration on walls Minor $500–3,000
Flooring · Some wear on carpet Minor $500–3,000
Exterior Siding · Some discoloration Minor $500–3,000
Total estimated repair cost · 3 items $1,500–9,000

Value-add ROI direction

  • Resale Paint — Fresh paint can make a home look more appealing
  • Resale Flooring — New flooring can improve the home's appearance
  • Resale Exterior Siding — Fresh paint on siding can improve curb appeal

ⓘ 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 — West Carson

Score
64/100
State rank
#408
US rank
#13927

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
West Carson, CA
County
Los Angeles County · 9,444,647 people
City population
18,467
Metro
Los Angeles-Long Beach-Anaheim, CA
Population (ZIP)
26,761
Household income
$82,478
Rent vs Own
43.8% rent · 56.2% own
Severe rent burden
979.0

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 0.69)
Race & ethnicity
Hispanic / Latino 48% Two or more races 21% Asian 20% White 16% Black 11%
Hispanic origin (detail)
Mexican 35%
Common ancestry
Ukrainian 1% Lithuanian 1% Slovak 1%
Foreign-born
35% · Canada, South Korea, China
Languages at home
42% English-only · Spanish 38% Korean 6% Tagalog/Filipino 4%

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
▼ -636.52%
Current HPI
363.6265
Rent YoY
▲ 3.13%
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

Price history

1 event — show timeline
  • 2026-05-22 Listed $265,000 CRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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