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6301 Warner Ave #88
B Composite 72.12
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 +7.9/15.0
  • Schools +5.5/10.0
  • Livability +3.4/5.0
  • Rent growth +2.8/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$219,000

6301 Warner Ave #88 · Huntington Beach, CA 92647
3 bd · 2.0 ba · 1,152 sqft · Manufactured · 83 Days on market
Built 1995 Est $221k · at est.

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Charming manufactured home located in the heart of Huntington Beach. A short distance to the beach, to the freeway and the golf course too. The front yard is decorated with flowers and surrouded by a white picket fence. The skylights and the vaulted ceiling makes this house nice and bright. The park has a car wash enclosure, 2 pools and spa and a club house that is available to the residents. Stop renting and buy me now.

Key facts

  • 2 spas
  • 2 pools
  • Renovated clubhouses

Tags

2 POOLS2 SPASRENOVATED CLUBHOUSESFENCED DOG PARK AREA

Property features AI

Finance

  • Other: Double body type (multi-unit classification); Directions: Enter the community and go straight, home will be on left hand side.
  • HOA & community: Monthly land lease (park) of $1,999; Community features include a dog park and street lighting; Park name: Sea Aira; Manager approval required for residency; Pets allowed with breed restrictions

Exterior

  • Parking: Attached carport with 2 parking spaces
  • Utilities: Public sewer; District/public water
  • Home design: Mobile/manufactured double-wide; Single story; Mobile home remains on site
  • Construction: Built by builder (year built source: Builder); Mobile dimensions approximately 24 ft by 48 ft
  • Exterior features: Association-maintained in-ground pool; Corner lot; Close to clubhouse; One storage shed

Interior

  • Kitchen: Garbage disposal; Refrigerator; Gas range; Dishwasher; Gas water heater
  • Bedrooms: Entry level bedroom(s)
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central furnace heating
  • Interior features: One-level entry; One story; Skylights; Association-maintained, in-ground heated spa
  • Laundry & utility: Laundry inside in an individual 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 $219k.

Deal economics

  • At list price, monthly cash flow is $1k ($15k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $219k).
  • Recommended offer: $206k (6.0% below list) — sets the bar for market timing.
  • Cap rate 13.3% vs local median 1.6% in Huntington Beach — 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 67/100 on livability (#306 in CA) — a middle-class / working-renter tenant base. Strengths: employment A+, commute A-, schools B+; Watch: amenities C-, cost of living F, health & safety F.
  • Ocean View (suburban): math 57% / reading 63% proficiency, ranked #207 of 1,400 in CA (top 15%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: Rents rising (+1.2%/yr); 75 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 1d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 6,974 units permitted in Orange County in 2024 (3,839 in 5+ unit buildings).
  • This rent runs 40% of the median local income ($105k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • Orange County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 1.2% rent growth), your $61k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 83 days — a 6% lower offer ($206k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 26y ago 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.
  • Current owner paid $100k; list at $219k implies a 119% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major flood 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 $205,860 (6.0% below list)

Questions for the listing agent

  1. It's been on market 83 days. Have you received any prior offers? Is the seller open to a 6% 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 B-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?
  5. 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.
  6. 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.
  7. 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
1.61%
Cap rate
13.27%
Cash-on-cash
24.93%
DSCR
2.11
GRM
5.2

CMA / ARV

ARV (on-the-fly)
$221,184
Comps found
2
Show comp detail 2 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
6301 Warner Ave #40 0.00mi 2/2.0 (-1) 1,200 (+4%) 1mo $230,000 $192 88
6301 Warner Ave #5 0.00mi 3/2.0 1,248 (+8%) 24mo $235,000 $188 66

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 · 1.2% rent growth · sell at horizon

5-year hold
IRR
16.3%
Equity multiple
1.64×
Total profit
$39,430
Equity at exit
$32,654
10-year hold
IRR
23.6%
Equity multiple
2.86×
Total profit
$114,190
Equity at exit
$18,935

Cash invested: $61,320 (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 92647

Rents YoY
1.2%
Active inventory
75
Price-to-rent
5.2×

Monthly cashflow live

Estimated rent
$3,528 high interval (Pro) →
Mortgage (P&I)
$1,148
Tax est. 1.5%
$274 /mo · $3,285/yr
Insurance
$91
HOA
$0
Vacancy / Maint / Mgmt
$741
Net cashflow
$1,274

Break-even live

Break-even rent $1,916
Max offer price $219,000
Occupancy floor 59%

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
$54,750
Closing costs
$6,570
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6401 Warner Ave Huntington Beach, CA 2.0–3.0 1.0–2.5 1145 $4,196 $3.66 1d 16 0.11mi
6242 Warner Ave Huntington Beach, CA 1.0–2.0 1.0–2.0 830 $2,925 $3.52 1d 12 0.12mi
17031 Pinehurst Ln Unit B Huntington Beach, CA 2.0 2.0 800 $3,000 $3.75 1d 1 0.25mi
6700 Warner Ave Huntington Beach, CA 2.0 1.0–2.0 875 $3,260 $3.73 1d 1 0.37mi
6762 Warner Ave Huntington Beach, CA 2.0 1.5 920 $2,750 $2.99 1d 6 0.46mi
5832 Nordina Dr Huntington Beach, CA 3.0 2.0 1171 $4,399 $3.76 1d 1 0.71mi
16722 Goldenwest St #1 Huntington Beach, CA 3.0 2.0 1250 $3,650 $2.92 1d 1 0.72mi
5952 Par Cir Huntington Beach, CA 3.0 2.0 1437 $5,400 $3.76 13d 1 0.73mi
16682 Goldenwest St Unit 2 Huntington Beach, CA 2.0 2.0 900 $2,800 $3.11 1d 1 0.73mi
16652 Goldenwest St Apt 3 Huntington Beach, CA 2.0 1.5 1200 $2,600 $2.17 1d 1 0.74mi
16652 Goldenwest St Huntington Beach, CA 2.0 1.5 1200 $2,600 $2.17 10d 1 0.74mi
5641 Tilburg Dr Huntington Beach, CA 3.0 2.0 1188 $4,495 $3.78 1d 1 0.76mi
16612 Bartlett Ln Unit 4 Huntington Beach, CA 2.0 1.0 1000 $2,600 $2.60 19d 1 0.81mi
7082 Heil Ave #1 Huntington Beach, CA 3.0 2.0 1438 $3,500 $2.43 1d 1 0.86mi
16862 Coach Ln Huntington Beach, CA 2.0 1.0 1000 $3,500 $3.50 1d 1 0.86mi
16531 Kellog Cir Unit 1 Huntington Beach, CA 3.0 2.0 1422 $3,650 $2.57 1d 1 0.87mi
6100 Edinger Ave Unit 509 Huntington Beach, CA 2.0 2.0 950 $3,500 $3.68 3d 1 0.90mi
6200 Edinger Ave Huntington Beach, CA 1.0–3.0 1.0–2.0 851 $3,462 $4.07 1d 4 0.91mi
6100 Edinger Ave Apt 602 Huntington Beach, CA 2.0 2.0 950 $2,800 $2.95 1d 1 0.92mi
7261 La Mancha Cir Unit C Huntington Beach, CA 2.0 2.0 921 $2,500 $2.71 22d 1 0.96mi
7302 Elk Cir Huntington Beach, CA 2.0 1.0 850 $2,650 $3.12 11d 1 0.97mi
7302 Elk Cir Apt 4 Huntington Beach, CA 2.0 1.0 850 $2,650 $3.12 1d 1 0.97mi
16781 Bardon Ln Unit A Huntington Beach, CA 3.0 2.0 1300 $3,195 $2.46 7d 1 1.00mi
5681 Mangrum Dr Huntington Beach, CA 3.0 2.0 1132 $4,995 $4.41 1d 1 1.09mi
6002 Welde Cir Huntington Beach, CA 3.0 2.0 1284 $3,650 $2.84 10d 1 1.16mi
7581 Warner Ave Unit B Huntington Beach, CA 3.0 2.0 1305 $3,400 $2.61 1d 1 1.26mi
7290 Edinger Ave Huntington Beach, CA 1.0–2.0 1.0–2.0 941 $3,824 $4.06 1d 19 1.30mi
6042 Stone Cir Huntington Beach, CA 4.0 2.0 1434 $4,995 $3.48 1d 1 1.35mi
17092 Emerald Ln Unit 4 Huntington Beach, CA 3.0 2.0 1200 $3,595 $3.00 24d 1 1.37mi
17092 Emerald Ln Unit 4 Huntington Beach, CA 3.0 2.0 1200 $3,595 $3.00 1d 1 1.37mi
17092 Emerald Ln Huntington Beach, CA 3.0 2.0 1200 $3,595 $3.00 10d 1 1.37mi
17102 Emerald Ln Unit D Huntington Beach, CA 3.0 2.0 1200 $3,495 $2.91 24d 1 1.37mi
17102 Emerald Ln Huntington Beach, CA 3.0 2.0 1200 $3,495 $2.91 10d 1 1.37mi
17102 Emerald Ln Unit 4 Huntington Beach, CA 3.0 2.0 1200 $3,495 $2.91 1d 1 1.37mi
16082 Schryer Ln Huntington Beach, CA 3.0 2.0 1214 $8,000 $6.59 2d 1 1.38mi
7267 Aura Cir Huntington Beach, CA 3.0 2.5 1389 $4,500 $3.24 1d 1 1.39mi
16592 Jib Cir Unit B Huntington Beach, CA 3.0 2.5 1500 $4,300 $2.87 1d 1 1.41mi
5141 Cheryl Dr Huntington Beach, CA 3.0 1.5 1120 $4,200 $3.75 16d 1 1.45mi
7771 Sycamore Dr Unit SYCAMORE7771-C Huntington Beach, CA 2.0 1.5 800 $2,550 $3.19 14d 1 1.45mi
15596 Dawson Ln Huntington Beach, CA 3.0 2.0 1000 $3,600 $3.60 1d 1 1.47mi

Listing history 20 events

  1. 2026-06-18
    days on market $219,000 Active 83 DOM
  2. 2026-06-17
    days on market $219,000 Active 82 DOM
  3. 2026-06-16
    days on market $219,000 Active 81 DOM
  4. 2026-06-15
    days on market $219,000 Active 80 DOM
  5. 2026-06-13
    days on market $219,000 Active 78 DOM
  6. 2026-06-13
    days on market $219,000 Active 77 DOM
  7. 2026-06-10
    days on market $219,000 Active 75 DOM
  8. 2026-06-09
    days on market $219,000 Active 74 DOM
  9. 2026-06-08
    days on market $219,000 Active 73 DOM
  10. 2026-06-07
    days on market $219,000 Active 72 DOM
  11. 2026-06-04
    days on market $219,000 Active 69 DOM
  12. 2026-06-03
    days on market $219,000 Active 68 DOM
  13. 2026-06-02
    days on market $219,000 Active 67 DOM
  14. 2026-06-01
    days on market $219,000 Active 66 DOM
  15. 2026-05-31
    days on market $219,000 Active 65 DOM
  16. 2026-03-27
    listed $219,000 Active
  17. 2007-02-15
    soldstatus $100,000 424-char remark
    Show marketing remark (424 chars)

    Charming manufactured home located in the heart of Huntington Beach. A short distance to the beach, to the freeway and the golf course too. The front yard is decorated with flowers and surrouded by a white picket fence. The skylights and the vaulted ceiling makes this house nice and bright. The park has a car wash enclosure, 2 pools and spa and a club house that is available to the residents. Stop renting and buy me now.

  18. 2006-11-06
    listed $110,000 424-char remark
    Show marketing remark (424 chars)

    Charming manufactured home located in the heart of Huntington Beach. A short distance to the beach, to the freeway and the golf course too. The front yard is decorated with flowers and surrouded by a white picket fence. The skylights and the vaulted ceiling makes this house nice and bright. The park has a car wash enclosure, 2 pools and spa and a club house that is available to the residents. Stop renting and buy me now.

  19. 2000-05-06
    soldstatus $75,000
  20. 2000-03-20
    listed $75,500

ⓘ 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 6/10 Major FEMA zone X · 90% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 5/10 Major 7 d/yr ≥85°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 4/10 Moderate 5 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
$42,341
− Mortgage interest
−$12,267
− Property taxes
−$3,285
− Insurance
−$1,095
− Repairs & maintenance
−$3,387
− Management
−$3,387
− Depreciation
−$6,371
Taxable income
$12,548
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,012
After-tax cash flow
$12,277/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
Ocean View
NCES district ID
0628140
Math proficiency
57% ▬ 0.00%
Reading proficiency
63% ▼ -1.00%
Median HH income
$77,469
Composite
55.3/100
National rank
#2725
State rank
#207 of 1400 in CA

Livability — Huntington Beach

Score
67/100
State rank
#306
US rank
#10298

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Huntington Beach, CA
County
Orange County · 3,096,323 people
City population
194,835
Metro
Los Angeles-Long Beach-Anaheim, CA
Population (ZIP)
59,047
Household income
$105,110
Rent vs Own
56.4% rent · 43.6% own
Severe rent burden
3065.0

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
Diverse neighborhood (Simpson 0.66)
Race & ethnicity
White 50% Hispanic / Latino 27% Two or more races 15% Asian 14% Black 2%
Hispanic origin (detail)
Mexican 22%
Common ancestry
Lithuanian 3% Italian 2% Romanian 2%
Foreign-born
21% · Canada, Vietnam, China
Languages at home
68% English-only · Spanish 15% Vietnamese 6% Other Indo-European 3%

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
▼ -1044.38%
Current HPI
401.8266
Rent YoY
▲ 1.20%
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

+190.1% since first listed
5 events — show timeline
  • 2026-03-27 Listed $219,000 CRMLS
  • 2007-02-15 Sold (MLS) $100,000 CRMLS
  • 2006-11-06 Listed $110,000 CRMLS
  • 2000-05-06 Sold (MLS) $75,000 CRMLS
  • 2000-03-20 Listed $75,500 CRMLS

Property tax history

-5.4%/yr

Latest (2025): $155 · -6.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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