8250 Lankershim Blvd #130 · Los Angeles, CA 91605

$79,000

1 bd · 1.0 ba · 420 sqft · Manufactured · 144 Days on market

Built 2020 Good condition 9.63 ac lot

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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 +7.5/15.0
• 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 MLS

Discover the perfect blend of comfort and convenience in this delightful 1-bedroom, 1-bathroom manufactured home, which can be yours with AS LITTLE AS 5% DOWN! Situated in the vibrant North Hollywood community, this cozy home spans 420 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. Outside, enjoy the sunny California weather and take advantage of the community amenities including a refreshing pool, gym, and clubhouse. With a prime location close to local entertainment, dining, and shopping, this home is a great opportunity to experience the Hollywood lifestyle at its best. Space 130 is labeled Ivy 10 on the home Space rent is an affordable $1495.

Key facts

• Clubhouse
• Refreshing pool
• Gym

Tags

• MODERN KITCHEN
• REFRESHING POOL
• GYM
• CLUBHOUSE
• PRIME LOCATION

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $79k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $679 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $79k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 16.6% 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; 1 comparable units currently listed for rent nearby; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $546 of loan paydown is wiped out by about $2k 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 $22k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 144 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 2y ago; this cycle's ask has dropped $10k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $69,520 (12.0% below list)

Questions for the listing agent

1. It's been on market 144 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 1.96% ✓
• Cap rate: 16.60%
• Cash-on-cash: 36.82%
• DSCR: 2.64
• GRM: 4.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 29.2%
• Equity multiple: 2.17×
• Total profit: $25,909
• Equity at exit: $11,779

10-year hold

• IRR: 34.8%
• Equity multiple: 3.75×
• Total profit: $60,763
• Equity at exit: $6,830

Cash invested: $22,120 (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: 4.2×

Monthly cashflow live

• Estimated rent: $1,550 medium
• Mortgage (P&I): −$414
• Tax est. 1.5%: −$99 /mo · $1,185/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$326
• Net cashflow: $679

Break-even live

Break-even rent $691

Max offer price $79,000

Occupancy floor 51%

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: $19,750
• Closing costs: $2,370
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8139 Radford Ave North Hollywood, CA	1.0	1.0	350	$1,000	$2.86	24d	1	0.45mi

Listing history 27 events

1. 2026-06-18
   days on market $79,000 Active 144 DOM
2. 2026-06-17
   price $79,000 Active 143 DOM
3. 2026-06-17
   days on market $82,000 Active 143 DOM
4. 2026-06-16
   days on market $82,000 Active 142 DOM
5. 2026-06-15
   days on market $82,000 Active 141 DOM
6. 2026-06-13
   days on market $82,000 Active 139 DOM
7. 2026-06-09
   days on market $82,000 Active 135 DOM
8. 2026-06-08
   days on market $82,000 Active 134 DOM
9. 2026-06-07
   days on market $82,000 Active 133 DOM
10. 2026-06-04
    days on market $82,000 Active 130 DOM
11. 2026-06-03
    days on market $82,000 Active 129 DOM
12. 2026-06-02
    days on market $82,000 Active 128 DOM
13. 2026-06-01
    days on market $82,000 Active 127 DOM
14. 2026-05-31
    days on market $82,000 Active 126 DOM
15. 2026-03-24
    status Active 789-char remark

    Show marketing remark (789 chars)

    Discover the perfect blend of comfort and convenience in this delightful 1-bedroom, 1-bathroom manufactured home, which can be yours with AS LITTLE AS 5% DOWN! Situated in the vibrant North Hollywood community, this cozy home spans 420 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. Outside, enjoy the sunny California weather and take advantage of the community amenities including a refreshing pool, gym, and clubhouse. With a prime location close to local entertainment, dining, and shopping, this home is a great opportunity to experience the Hollywood lifestyle at its best. Space 130 is labeled Ivy 10 on the home Space rent is an affordable $1495.

16. 2026-01-20
    listed $89,000 Active 789-char remark

    Show marketing remark (789 chars)

    Discover the perfect blend of comfort and convenience in this delightful 1-bedroom, 1-bathroom manufactured home, which can be yours with AS LITTLE AS 5% DOWN! Situated in the vibrant North Hollywood community, this cozy home spans 420 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. Outside, enjoy the sunny California weather and take advantage of the community amenities including a refreshing pool, gym, and clubhouse. With a prime location close to local entertainment, dining, and shopping, this home is a great opportunity to experience the Hollywood lifestyle at its best. Space 130 is labeled Ivy 10 on the home Space rent is an affordable $1495.

17. 2025-09-25
    listed Active
18. 2025-04-23
    soldstatus $99,950 Closed Sale
19. 2025-04-12
    status Pending Sale
20. 2025-02-06
    price $99,950
21. 2025-01-16
    price $104,950
22. 2024-12-09
    listed $109,950 Active
23. 2024-11-26
    historical
24. 2024-11-26
    listed $119,950 Active
25. 2024-09-23
    price $119,950
26. 2024-09-23
    historical
27. 2024-09-23
    listed $11,950 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: $18,603
• − Mortgage interest: −$4,425
• − Property taxes: −$1,185
• − Insurance: −$395
• − Repairs & maintenance: −$1,488
• − Management: −$1,488
• − Depreciation: −$2,298
• Taxable income: $7,323
• Est. tax owed @ 24.0%: −$1,758
• After-tax cash flow: $6,387/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 · 12 photos

Good 80/100 None rehab

This modern manufactured home in North Hollywood is in excellent condition with minimal repairs needed. It offers a great opportunity for a move-in-ready living space with community amenities.

Value-add opportunities

• Both landscaping — enhances curb appeal and adds value
• Both furniture — improves living experience and resale value

Renovation cost estimate screening

Value-add ROI direction

• Both landscaping — enhances curb appeal and adds value ↑
• Both furniture — improves living experience and resale 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: 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

+644.8% since first listed

13 events — show timeline

• 2026-03-24 Relisted — TheMLS
• 2026-01-20 Listed $89,000 TheMLS
• 2025-09-25 Listed — TheMLS
• 2025-04-23 Sold (MLS) $99,950 CRMLS
• 2025-04-12 Pending — CRMLS
• 2025-02-06 Price Changed $99,950 CRMLS
• 2025-01-16 Price Changed $104,950 CRMLS
• 2024-12-09 Listed $109,950 CRMLS
• 2024-11-26 Listed $119,950 CRMLS
• 2024-11-26 Listing Removed — CRMLS
• 2024-09-23 Price Changed $119,950 CRMLS
• 2024-09-23 Listed $11,950 CRMLS
• 2024-09-23 Listing Removed — CRMLS