1750 space 50 Lee Road Rd Unit 1750 LEED RD. 50 · East Quincy, CA 95971

$79,000

2 bd · 2.0 ba · 1,344 sqft · Manufactured · 278 Days on market

Built 1979 Good condition $59/sqft · 45% below area Est $143k · 45% under ↓ 20% since listing

---

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 +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Condition / age +3.8/5.0
• Livability +3.2/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This newly remodeled home boasts 1,344 square feet of modern living space, perfectly designed for comfort and style. Step inside to discover fresh paint and sleek laminate floors that create an inviting atmosphere throughout. The heart of this home is a spacious kitchen equipped with like new appliances, ideal for casual family dinners. With two large bedrooms, there's plenty of room for relaxation and rest. Each bathroom has been tastefully updated. Outside, enjoy the convenience of a generous spacious covered carport that can provide additional storage options. The picturesque surroundings of Quincy enhance the home's appeal, offering easy access to outdoor activities like hiking and fishing in the stunning Sierra Nevada landscape. Don’t miss your chance to own this beautifully renovated home where contemporary design meets peaceful living—schedule a tour today!

Key facts

• Covered carport
• Spacious kitchen
• Updated bathrooms

Tags

• REMODELED HOME
• SPACIOUS KITCHEN
• BRAND-NEW APPLIANCES
• UPDATED BATHROOMS
• COVERED CARPORT

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $79k. Condition is rated good.

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 ($2k rent vs $79k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#466 in CA) — a middle-class / working-renter tenant base. Strengths: housing A+, crime B+, employment B+; Watch: schools D, amenities F, commute F.
• Plumas Unified (rural): math 21% / reading 44% proficiency, ranked #306 of 517 in CA (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 74 active listings in the ZIP; 39 units permitted in Plumas County in 2024 (0 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.
• Plumas County population projected at -42% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 278 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $20k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→18/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 278 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — 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 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?
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: 2.87% ✓
• Cap rate: 25.21%
• Cash-on-cash: 67.56%
• DSCR: 4.01
• GRM: 2.9

CMA / ARV

• ARV (median comp): $142,855
• List price: $79,000
• Delta: -44.70%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
25 Redberg Ave	0.14mi	2/2.0	1,296 (-4%)	1mo	$58,665	$45	86
1750 Lee Rd #61	0.00mi	3/2.0 (+1)	1,320 (-2%)	21mo	$152,000	$115	74
2211 center St	0.74mi	2/2.0	1,296 (-4%)	6mo	$145,000	$112	55
2121 Cedar Street St	0.59mi	3/2.0 (+1)	1,456 (+8%)	12mo	$270,000	$185	44
2114 Mansell Street St	0.74mi	2/2.0	1,440 (+7%)	23mo	$236,000	$164	35

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 66.9%
• Equity multiple: 4.01×
• Total profit: $66,553
• Equity at exit: $11,779

10-year hold

• IRR: 71.1%
• Equity multiple: 8.24×
• Total profit: $160,229
• Equity at exit: $6,830

Cash invested: $22,120 (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 95971

• Active inventory: 74
• Price-to-rent: 2.9×

Monthly cashflow live

• Estimated rent: $2,268 medium
• Mortgage (P&I): −$414
• Tax est. 1.5%: −$99 /mo · $1,185/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $1,245

Break-even live

Break-even rent $691

Max offer price $79,000

Occupancy floor 40%

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: —

Listing history 23 events

1. 2026-06-19
   days on market $79,000 Active 278 DOM
2. 2026-06-18
   days on market $79,000 Active 277 DOM
3. 2026-06-17
   days on market $79,000 Active 276 DOM
4. 2026-06-16
   days on market $79,000 Active 275 DOM
5. 2026-06-15
   days on market $79,000 Active 274 DOM
6. 2026-06-14
   days on market $79,000 Active 272 DOM
7. 2026-06-13
   days on market $79,000 Active 271 DOM
8. 2026-06-10
   days on market $79,000 Active 269 DOM
9. 2026-06-09
   days on market $79,000 Active 268 DOM
10. 2026-06-08
    days on market $79,000 Active 267 DOM
11. 2026-06-07
    days on market $79,000 Active 266 DOM
12. 2026-06-05
    days on market $79,000 Active 263 DOM
13. 2026-06-03
    days on market $79,000 Active 262 DOM
14. 2026-06-02
    days on market $79,000 Active 261 DOM
15. 2026-06-01
    days on market $79,000 Active 260 DOM
16. 2026-05-31
    days on market $79,000 Active 259 DOM
17. 2026-05-30
    days on market $79,000 Active 258 DOM
18. 2026-04-11
    price $79,000 888-char remark

    Show marketing remark (888 chars)

    This newly remodeled home boasts 1,344 square feet of modern living space, perfectly designed for comfort and style. Step inside to discover fresh paint and sleek laminate floors that create an inviting atmosphere throughout. The heart of this home is a spacious kitchen equipped with like new appliances, ideal for casual family dinners. With two large bedrooms, there's plenty of room for relaxation and rest. Each bathroom has been tastefully updated. Outside, enjoy the convenience of a generous spacious covered carport that can provide additional storage options. The picturesque surroundings of Quincy enhance the home's appeal, offering easy access to outdoor activities like hiking and fishing in the stunning Sierra Nevada landscape. Don’t miss your chance to own this beautifully renovated home where contemporary design meets peaceful living—schedule a tour today!

19. 2026-04-07
    status Active 888-char remark

    Show marketing remark (888 chars)

    This newly remodeled home boasts 1,344 square feet of modern living space, perfectly designed for comfort and style. Step inside to discover fresh paint and sleek laminate floors that create an inviting atmosphere throughout. The heart of this home is a spacious kitchen equipped with like new appliances, ideal for casual family dinners. With two large bedrooms, there's plenty of room for relaxation and rest. Each bathroom has been tastefully updated. Outside, enjoy the convenience of a generous spacious covered carport that can provide additional storage options. The picturesque surroundings of Quincy enhance the home's appeal, offering easy access to outdoor activities like hiking and fishing in the stunning Sierra Nevada landscape. Don’t miss your chance to own this beautifully renovated home where contemporary design meets peaceful living—schedule a tour today!

20. 2026-03-16
    historical Active Under Contract 888-char remark

    Show marketing remark (888 chars)

    This newly remodeled home boasts 1,344 square feet of modern living space, perfectly designed for comfort and style. Step inside to discover fresh paint and sleek laminate floors that create an inviting atmosphere throughout. The heart of this home is a spacious kitchen equipped with like new appliances, ideal for casual family dinners. With two large bedrooms, there's plenty of room for relaxation and rest. Each bathroom has been tastefully updated. Outside, enjoy the convenience of a generous spacious covered carport that can provide additional storage options. The picturesque surroundings of Quincy enhance the home's appeal, offering easy access to outdoor activities like hiking and fishing in the stunning Sierra Nevada landscape. Don’t miss your chance to own this beautifully renovated home where contemporary design meets peaceful living—schedule a tour today!

21. 2026-01-22
    price $84,000 888-char remark

    Show marketing remark (888 chars)

    This newly remodeled home boasts 1,344 square feet of modern living space, perfectly designed for comfort and style. Step inside to discover fresh paint and sleek laminate floors that create an inviting atmosphere throughout. The heart of this home is a spacious kitchen equipped with like new appliances, ideal for casual family dinners. With two large bedrooms, there's plenty of room for relaxation and rest. Each bathroom has been tastefully updated. Outside, enjoy the convenience of a generous spacious covered carport that can provide additional storage options. The picturesque surroundings of Quincy enhance the home's appeal, offering easy access to outdoor activities like hiking and fishing in the stunning Sierra Nevada landscape. Don’t miss your chance to own this beautifully renovated home where contemporary design meets peaceful living—schedule a tour today!

22. 2025-10-09
    price $89,000 888-char remark

    Show marketing remark (888 chars)

    This newly remodeled home boasts 1,344 square feet of modern living space, perfectly designed for comfort and style. Step inside to discover fresh paint and sleek laminate floors that create an inviting atmosphere throughout. The heart of this home is a spacious kitchen equipped with like new appliances, ideal for casual family dinners. With two large bedrooms, there's plenty of room for relaxation and rest. Each bathroom has been tastefully updated. Outside, enjoy the convenience of a generous spacious covered carport that can provide additional storage options. The picturesque surroundings of Quincy enhance the home's appeal, offering easy access to outdoor activities like hiking and fishing in the stunning Sierra Nevada landscape. Don’t miss your chance to own this beautifully renovated home where contemporary design meets peaceful living—schedule a tour today!

23. 2025-09-14
    listed $99,000 Active 888-char remark

    Show marketing remark (888 chars)

    This newly remodeled home boasts 1,344 square feet of modern living space, perfectly designed for comfort and style. Step inside to discover fresh paint and sleek laminate floors that create an inviting atmosphere throughout. The heart of this home is a spacious kitchen equipped with like new appliances, ideal for casual family dinners. With two large bedrooms, there's plenty of room for relaxation and rest. Each bathroom has been tastefully updated. Outside, enjoy the convenience of a generous spacious covered carport that can provide additional storage options. The picturesque surroundings of Quincy enhance the home's appeal, offering easy access to outdoor activities like hiking and fishing in the stunning Sierra Nevada landscape. Don’t miss your chance to own this beautifully renovated home where contemporary design meets peaceful living—schedule a tour today!

ⓘ 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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 5/10 Major 7 d/yr ≥89°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 39 unhealthy d/yr today · 42 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,210
• − Mortgage interest: −$4,425
• − Property taxes: −$1,185
• − Insurance: −$395
• − Repairs & maintenance: −$2,177
• − Management: −$2,177
• − Depreciation: −$2,298
• Taxable income: $14,553
• Est. tax owed @ 24.0%: −$3,493
• After-tax cash flow: $11,452/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 · 13 photos

Good 75/100 Cosmetic rehab

This newly remodeled home offers a good condition with fresh paint and laminate flooring, making it a good investment for both resale and rental markets.

Value-add opportunities

• Resale Paint the exterior siding — Fresh paint can enhance curb appeal and home value.
• Resale Replace the curtains in the bathrooms — Fresh curtains can improve the aesthetic and make the bathrooms more inviting.
• Rental Clean the ceiling fans — Clean fans can improve air circulation and reduce energy costs, making the home more attractive to renters.

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint the exterior siding — Fresh paint can enhance curb appeal and home value. ↑
• Resale Replace the curtains in the bathrooms — Fresh curtains can improve the aesthetic and make the bathrooms more inviting. ↑
• Rental Clean the ceiling fans — Clean fans can improve air circulation and reduce energy costs, making the home more attractive to renters. ↑

ⓘ 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: Plumas Unified
• NCES district ID: 0631170
• Math proficiency: 21% ▼ -11.00%
• Reading proficiency: 44% ▬ 0.00%
• Median HH income: $46,935
• Composite: 27.89/100
• National rank: #6870
• State rank: #306 of 517 in CA

Livability — East Quincy

• Score: 63/100
• State rank: #466
• US rank: #15882

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: East Quincy, CA
• City population: 6,288
• Population (ZIP): 6,288

Population outlook (Plumas County) Hauer SSP2

• Today (2025): 15,564 people
• By 2030: 14,014 · -10.0%
• By 2040: 11,197 · -28.1%
• By 2050: 9,069 · -41.7%
• By 2075: 5,573 · -64.2%
• By 2100: 3,392 · -78.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Two or more races 12% Hispanic / Latino 8% Black 2% Native American 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Russian 4% Italian 3% Scottish 2%
• Foreign-born: 3% · Canada, China
• Languages at home: 96% English-only · Spanish 3% French/Haitian/Cajun 1%

Political lean MEDSL · Plumas

• 2024 margin: R (+16.9) · D 39.9% · R 56.9% · Other 3.2%
• 2008→2024 swing: -5.0pp toward R · 2008: -12.0pp · 2024: -16.9pp
• All cycles: 2024: R+16.9 2020: R+16.7 2016: R+21.0 2012: R+17.2 2008: R+12.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -149.71%
• Current HPI: 139.3612
• 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

-20.2% since first listed

6 events — show timeline

• 2026-04-11 Price Changed $79,000 PAR
• 2026-04-07 Relisted — PAR
• 2026-03-16 Contingent — PAR
• 2026-01-22 Price Changed $84,000 PAR
• 2025-10-09 Price Changed $89,000 PAR
• 2025-09-14 Listed $99,000 PAR