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1900 W Artesia #57 🏷️ Likely Rental
B Composite 70.62
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
  • Schools +5.9/10.0
  • Condition / age +4.0/5.0
  • Livability +3.8/5.0
  • Rent growth +3.1/5.0
  • Appreciation +2.5/10.0
  • Manufactured-home adj. -6.1

$58,000

1900 W Artesia #57 · Torrance, CA 90504
2 bd · 1.0 ba · 516 sqft · Manufactured · 84 Days on market
Manufactured home Built 1958 Good condition $112/sqft · 50% below area ↓ 50% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

PROPERTY HIGHLIGHTS: A beautiful home for $64K; Low Space Rent $1350/month INVEST IN YOUR LIFE; NOT A MORTGAGE MINIMALISTIC LIVING = MAXIMUM FREEDOM • Get back your time from overworking to pay for high mortgages: Be there for your children before they grow up, instead of working overtime to pay for a house that you’re too tired to enjoy! • Open Concept smaller modern space for Living Life with less yet designed for durability and space saving uniqueness • Metal roof; Modern kitchen with Stainless Steel countertops and durable stainless-steel flooring with laminate overlay!

Key facts

  • 2 parking spots
  • Community pool
  • Built 1958

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $58,000 price doesn't fit this home's estimated sale value (~$117,099) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath manufactured listed at $58k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $1k ($12k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $58k).
  • Recommended offer: $55k (6.0% below list) — sets the bar for market timing.
  • Cap rate 27.3% vs local median 2.0% in Torrance — 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 (#95 in CA, #3,501 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: health & safety C-, crime D+, cost of living F.
  • Torrance Unified (urban): math 62% / reading 67% proficiency, ranked #150 of 1,400 in CA (top 11%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 20% free/reduced lunch — higher-income household profile.
  • Zoned schools: Arlington Elementary (532 students, 30% FRL); Casimir Middle (618 students, 35% FRL); North High (1,791 students, 36% FRL).
  • Market conditions: Rents rising (+2.3%/yr); 36 active listings in the ZIP; 32 comparable units currently listed for rent nearby; rentals lingering (median 68d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 66% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 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 $401 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 + 2.3% rent growth), your $16k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 84 days — a 6% lower offer ($55k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 3y ago; this cycle's ask has dropped $6k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $54,520 (6.0% below list)

Questions for the listing agent

  1. It's been on market 84 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 1958 — 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. 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?
  7. 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.
  8. 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.
  9. 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
3.09%
Cap rate
27.26%
Cash-on-cash
74.88%
DSCR
4.33
GRM
2.7

CMA / ARV

ARV (median comp)
$117,099
List price
$58,000
Delta
-50.47%
Verdict
UNDERPRICED
Comps
4 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1900 Artesia Blvd #28 0.00mi 1/1.0 (-1) 552 (+7%) 14mo $99,900 $181 72
17100 Gramercy Pl #25 0.25mi 1/1.0 (-1) 550 (+7%) 2mo $145,000 $264 71
16949 S Western Ave #97 0.40mi 1/1.0 (-1) 512 (-1%) 22mo $88,000 $172 57
17024 S Western Ave #35 0.33mi 1/1.0 (-1) 432 (-16%) 12mo $110,301 $255 45
17100 Gramercy Pl #2 0.26mi 1/1.0 (-1) 576 (+12%) 24mo $162,400 $282 44
17100 Gramercy Pl #29 0.27mi 1/1.0 (-1) 420 (-19%) 23mo $150,000 $357 38

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 · 2.26% rent growth · sell at horizon

5-year hold
IRR
73.9%
Equity multiple
4.32×
Total profit
$53,845
Equity at exit
$8,648
10-year hold
IRR
77.5%
Equity multiple
8.68×
Total profit
$124,754
Equity at exit
$5,015

Cash invested: $16,240 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
4 active · 1 under contract
Months of supply
12.0 mo (8%/mo absorbed)
Median asking
$130,000 ($235/sqft)
Median days on market
58 d
This list price
lowest-priced of the active set
ARV vs active asking
-3.5% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 90504

Rents YoY
2.3%
Active inventory
36
Price-to-rent
2.7×

Monthly cashflow live

Estimated rent
$1,790 high interval (Pro) →
Mortgage (P&I)
$304
Tax est. 1.5%
$72 /mo · $870/yr
Insurance
$24
HOA
$0
Lot rent leased land?
$0
Vacancy / Maint / Mgmt
$376
Net cashflow
$1,013

Break-even live

Break-even rent $507
Max offer price $58,000
Occupancy floor 38%

Sensitivity live

Price -10% $1,053 -5% $1,033 +0% $1,013 +5% $993 +10% $973
Rent -10% $872 -5% $943 +0% $1,013 +5% $1,084 +10% $1,155
Rate -1.0pp $1,043 -0.5pp $1,028 base $1,013 +0.5pp $998 +1.0pp $983

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
$14,500
Closing costs
$1,740
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 32 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1704 W 169th Pl Unit B Gardena, CA 2.0 1.0 750 $3,300 $4.40 3d 1 0.43mi
17917 Evelyn Ave Gardena, CA 1.0 1.0 500 $2,175 $4.35 93d 1 0.56mi
1439 W 179th St Unit 03 Gardena, CA 2.0 1.0 650 $2,250 $3.46 93d 1 0.67mi
1323 W 168th St Apt F Gardena, CA 1.0 1.0 550 $1,750 $3.18 14d 1 0.89mi
16416 Brighton Ave Gardena, CA 1.0 1.0 400 $2,195 $5.49 93d 1 0.89mi
16416 Brighton Ave Gardena, CA 1.0 1.0 400 $2,195 $5.49 48d 1 0.89mi
18424 S Normandie Ave Gardena, CA 1.0 1.0 550 $1,900 $3.45 93d 1 0.91mi
2816 W 182nd St Torrance, CA 2.0 1.0–2.0 455 $1,850 $4.07 3d 1 0.91mi
16120 Van Ness Ave Unit 6 Torrance, CA 2.0 1.0 690 $2,026 $2.94 68d 1 0.92mi
17901 Crenshaw Blvd Unit 4 Torrance, CA 1.0 1.0 615 $2,287 $3.72 36d 1 0.95mi
17901 Crenshaw Blvd Apt 5 Torrance, CA 1.0 1.0 615 $2,287 $3.72 16d 1 0.95mi
16730 Crenshaw Blvd Unit 16730 Torrance, CA 2.0 1.0 750 $2,450 $3.27 14d 1 0.97mi
16020 Van Ness Ave Torrance, CA 1.0 1.0 550 $1,950 $3.55 93d 2 0.98mi
1147 W 170th St Gardena, CA 1.0 1.0 700 $2,250 $3.21 2d 1 1.00mi
1321 W 186th St Gardena, CA 1.0 1.0 600 $1,800 $3.00 93d 1 1.03mi
2501 W Redondo Beach Blvd Unit 242 Gardena, CA 1.0 1.0 550 $1,800 $3.27 93d 1 1.09mi
1118 166th St Unit C Gardena, CA 1.0 1.0 389 $1,775 $4.56 93d 1 1.11mi
3313 Artesia Blvd Torrance, CA 1.0 1.0 750 $1,895 $2.53 93d 1 1.15mi
2125 W 157th St Unit 10 Gardena, CA 1.0 1.0 700 $1,975 $2.82 42d 1 1.16mi
15820 Arcturus Ave Unit B Gardena, CA 1.0 1.0 400 $2,000 $5.00 4d 1 1.17mi
3345 Artesia Blvd Unit 5 Torrance, CA 2.0 1.0 707 $2,300 $3.25 4d 1 1.20mi
15717 Brighton Ave Unit B Gardena, CA 1.0 1.0 650 $2,200 $3.38 74d 1 1.24mi
860 W 165th Pl Unit 103 Gardena, CA 1.0 1.0 589 $1,775 $3.01 93d 1 1.29mi
15702 Brighton Ave Unit 4 Gardena, CA 2.0 1.0 750 $2,500 $3.33 68d 1 1.31mi
1443 W 157th St Unit 2 Gardena, CA 1.0 1.0 750 $2,350 $3.13 24d 1 1.31mi
3320 Redondo Beach Blvd Torrance, CA 1.0 1.0 750 $2,270 $3.03 11d 1 1.33mi
844 W 164th St Unit 9402A Gardena, CA 1.0 1.0 615 $2,500 $4.07 93d 1 1.36mi
3444 Redondo Beach Blvd Unit 3 Torrance, CA 1.0 1.0 668 $1,850 $2.77 68d 1 1.38mi
3444 Redondo Beach Blvd Unit 3 Torrance, CA 1.0 1.0 668 $1,850 $2.77 4d 1 1.38mi
17030 Yukon Ave Torrance, CA 1.0 1.0 600 $2,100 $3.50 93d 1 1.40mi
17035 Yukon Ave Torrance, CA 1.0 1.0 720 $2,195 $3.05 93d 1 1.43mi
16724 Yukon Ave Torrance, CA 1.0 1.0 705 $2,595 $3.68 74d 1 1.45mi

Property features AI

Finance

Other
Park name: Torrance Mobile Home ParkPaved road access via city streets
Financial info
Monthly land lease (park) applies
HOA & community
Torrance Mobile Home Park with onsite property managementAssociation amenities include pool and pet rules (call for details)Park rules and weight/pet limits applyManager approval required

Exterior

Parking
Carport (2 spaces)
Security
Onsite resident manager
Utilities
Public/district waterPublic sewerStandard electric serviceNatural gas availableCable availableTelephone in streetWater availableSewer availableElectricity available
Home design
Mobile home (model: Castle)Single-storyNo interior steps (accessible)Updated/remodeled conditionMobile home remains in placeHas a view
Construction
Metal roofSiding skirtPier jacks foundationWood fencing in good condition
Exterior features
Front porchOpen patioPatioOutdoor lightingShed on propertyWalkstreet lot featureCommunity/in-ground pool (association)Shared community pool

Interior

Kitchen
Kitchen open to family roomRefrigeratorGas rangeRange/hoodFreezerWater heater unit
Bedrooms
All bedrooms on main floorMain floor bedroomBonus room and den included
Flooring
Laminated flooring
Bathrooms
Full bathroom with tub and showerShower in tub
Interior features
Built-in shelving/cabinetryOpen floor planFrench doorsBlinds on windowsOne-level livingFront-door entryResident manager onsite
Laundry & utility
Laundry area

Listing history 50 events

  1. 2026-08-08
    days on market $58,000 Active 84 DOM
  2. 2026-08-06
    days on market $58,000 Active 82 DOM
  3. 2026-08-05
    days on market $58,000 Active 81 DOM
  4. 2026-08-04
    days on market $58,000 Active 80 DOM
  5. 2026-08-03
    days on market $58,000 Active 79 DOM
  6. 2026-07-31
    days on market $58,000 Active 76 DOM
  7. 2026-07-30
    days on market $58,000 Active 75 DOM
  8. 2026-07-30
    days on market $58,000 Active 74 DOM
  9. 2026-07-28
    days on market $58,000 Active 73 DOM
  10. 2026-07-26
    days on market $58,000 Active 71 DOM
  11. 2026-07-24
    days on market $58,000 Active 69 DOM
  12. 2026-07-23
    days on market $58,000 Active 68 DOM
  13. 2026-07-22
    days on market $58,000 Active 67 DOM
  14. 2026-07-21
    days on market $58,000 Active 66 DOM
  15. 2026-07-20
    days on market $58,000 Active 65 DOM
  16. 2026-07-18
    days on market $58,000 Active 63 DOM
  17. 2026-07-18
    days on market $58,000 Active 62 DOM
  18. 2026-07-16
    days on market $58,000 Active 61 DOM
  19. 2026-07-15
    pricedays on market $58,000 Active 60 DOM
  20. 2026-07-14
    days on market $64,000 Active 59 DOM
  21. 2026-07-13
    days on market $64,000 Active 58 DOM
  22. 2026-07-13
    days on market $64,000 Active 57 DOM
  23. 2026-07-11
    days on market $64,000 Active 56 DOM
  24. 2026-07-10
    days on market $64,000 Active 55 DOM
  25. 2026-07-09
    days on market $64,000 Active 54 DOM
  26. 2026-07-07
    days on market $64,000 Active 52 DOM
  27. 2026-07-06
    days on market $64,000 Active 51 DOM
  28. 2026-07-06
    days on market $64,000 Active 50 DOM
  29. 2026-07-05
    days on market $64,000 Active 49 DOM
  30. 2026-07-03
    days on market $64,000 Active 48 DOM
  31. 2026-07-02
    days on market $64,000 Active 47 DOM
  32. 2026-07-01
    days on market $64,000 Active 46 DOM
  33. 2026-06-30
    days on market $64,000 Active 45 DOM
  34. 2026-06-29
    days on market $64,000 Active 44 DOM
  35. 2026-06-28
    days on market $64,000 Active 43 DOM
  36. 2026-06-27
    days on market $64,000 Active 42 DOM
  37. 2026-06-26
    days on market $64,000 Active 41 DOM
  38. 2026-06-24
    days on market $64,000 Active 39 DOM
  39. 2026-06-22
    days on market $64,000 Active 37 DOM
  40. 2026-06-21
    days on market $64,000 Active 36 DOM
  41. 2026-06-18
    days on market $64,000 Active 33 DOM
  42. 2026-06-17
    statusdays on market $64,000 Active 32 DOM
  43. 2026-06-09
    status $64,000 Pending Sale 31 DOM
  44. 2026-06-08
    days on market $64,000 Active 31 DOM
  45. 2026-06-07
    days on market $64,000 Active 30 DOM
  46. 2026-06-04
    days on market $64,000 Active 27 DOM
  47. 2026-06-03
    days on market $64,000 Active 26 DOM
  48. 2026-06-02
    days on market $64,000 Active 25 DOM
  49. 2026-06-01
    days on market $64,000 Active 24 DOM
  50. 2026-05-31
    days on market $64,000 Active 23 DOM

ⓘ 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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 4/10 Moderate 6 d/yr ≥86°F today · 16 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
$21,481
− Mortgage interest
−$3,249
− Property taxes
−$870
− Insurance
−$290
− Repairs & maintenance
−$1,718
− Management
−$1,718
− Depreciation
−$1,687
Taxable income
$11,948
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,867
After-tax cash flow
$9,293/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 · 1 photo

Good 80/100 Cosmetic rehab Est. rehab $2,580–$7,740 screening

This beautifully maintained manufactured home is in excellent condition with modern updates and a great location, making it an attractive investment for both resale and rental.

Value-add opportunities

  • Both Landscaping improvements — Enhances curb appeal and adds value for both resale and rental.
  • Both Add smart home features — Improves convenience and adds modern appeal, attracting more buyers and renters.
  • Both Upgrade lighting fixtures — Modernizes the home and enhances curb appeal, making it more attractive to potential buyers and renters.

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

Zoned Schools

Elementary Arlington Elementary Middle Casimir Middle High North High

Schools (NCES district)

District
Torrance Unified
NCES district ID
0639420
Math proficiency
62% ▲ 2.00%
Reading proficiency
67% ▬ 0.00%
Median HH income
$78,640
Composite
58.96/100
National rank
#1969
State rank
#150 of 1400 in CA
B Composite livability gradescore 76/100

Livability — Torrance

Score
76/100
State rank
#95
US rank
#3501

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Torrance, CA
County
Los Angeles County · 10,940,515 people
City population
153,473
Metro
Los Angeles-Long Beach-Anaheim, CA
Population (ZIP)
33,084
Household income
$107,552
Rent vs Own
39.8% rent · 60.2% own
Severe rent burden
16% of renters

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
Highly diverse neighborhood (Simpson 0.72)
Race & ethnicity
Asian 39% Hispanic / Latino 26% White 24% Two or more races 16% Black 4%
Hispanic origin (detail)
Mexican 18%
Common ancestry
Lithuanian 1% Slovak 1% Portuguese 1%
Foreign-born
29% · Canada, South Korea, Vietnam
Languages at home
57% English-only · Spanish 14% Other Asian/Pacific 6% Korean 5%

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

Price history

-50.4% since first listed
12 events — show timeline
  • 2026-06-17 Relisted CRMLS
  • 2026-06-09 Pending CRMLS
  • 2026-05-08 Listed $64,000 CRMLS
  • 2026-05-07 Coming Soon $64,000 CRMLS
  • 2023-10-13 Price Changed $60,000 CRMLS
  • 2023-10-04 Price Changed $72,000 CRMLS
  • 2023-10-01 Relisted CRMLS
  • 2023-09-26 Contingent CRMLS
  • 2023-09-13 Relisted CRMLS
  • 2023-09-11 Contingent CRMLS
  • 2023-09-05 Price Changed $88,000 CRMLS
  • 2023-07-19 Listed $129,000 CRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…