CashFlowRE
Sign in Sign up
17705 S Western #16
B- Composite 68.3
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
  • Schools +5.9/10.0
  • Livability +3.8/5.0
  • Condition / age +3.8/5.0
  • Rent growth +2.5/5.0
  • ARV discount +2.4/15.0
  • Appreciation +0.0/10.0

$155,000

17705 S Western #16 · Torrance, CA 90248
3 bd · 2.0 ba · 1,100 sqft · Manufactured · 236 Days on market
Built 1970 Good condition $141/sqft · 11% above area Est $139k · 11% over

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

Listing remarks MLS

This stunning, move-in ready mobile home is a rare gem, offering modern upgrades. Thoughtfully remodeled over the years, this home is designed for both comfort and style. Inside, you'll find sleek wood flooring and a beautifully upgraded kitchen featuring quartz countertops. Both bathrooms have been tastefully upgraded with tile showers and a luxurious tile bathtub, adding a touch of sophistication. Plus, the convenience of an in-home washer and dryer makes daily living effortless. Step outside to your private backyard, perfect for relaxation and entertaining. The home also comes with a storage shed and two covered parking spaces; providing both convenience and extra storage. This home is truly entertainment-ready, stylish, and move-in ready—a must-see! Don’t miss out—schedule a showing today!

Key facts

  • Quartz countertops
  • Tile showers
  • Upgraded kitchen

Tags

UPGRADED KITCHENQUARTZ COUNTERTOPSUPGRADED BATHROOMSTILE SHOWERSTILE BATHTUBIN-HOME WASHER AND DRYER

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 $155k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $1k ($16k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $155k).
  • Recommended offer: $136k (12.0% below list) — sets the bar for market timing.
  • Cap rate 16.9% vs local median 2.1% 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: schools A+, amenities A+, commute 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.
  • Market conditions: 27 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 41% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $1k of loan paydown is wiped out by about $5k 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 + 3.0% rent growth), your $43k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 236 days — a 12% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 5y ago; this cycle's ask has dropped $35k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $136,400 (12.0% below list)

Questions for the listing agent

  1. It's been on market 236 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 1970 — 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
1.99%
Cap rate
16.91%
Cash-on-cash
37.90%
DSCR
2.69
GRM
4.2

CMA / ARV

ARV (median comp)
$139,090
List price
$155,000
Delta
11.44%
Verdict
OVERPRICED
Comps
14 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
17705 S Western Ave #18 0.02mi 2/2.0 (-1) 1,080 (-2%) 9mo $117,000 $108 84
17700 Western #76 0.22mi 3/2.0 1,152 (+5%) 2mo $85,000 $74 80
17705 S Western Ave #53 0.02mi 3/2.0 990 (-10%) 7mo $155,000 $157 77
17705 S Western Ave #88 0.02mi 3/2.0 1,248 (+14%) 4mo $215,000 $172 74
17705 S Western #24 0.09mi 3/2.0 1,000 (-9%) 12mo $114,900 $115 71
17705 S Western Ave #85 0.02mi 4/2.0 (+1) 1,000 (-9%) 10mo $90,000 $90 70
17700 S Western Ave #116 0.24mi 2/2.0 (-1) 1,040 (-6%) 9mo $155,000 $149 68
17700 Western Ave S #190 0.22mi 2/2.0 (-1) 960 (-13%) 5mo $95,000 $99 59
17700 S Western Ave #174 0.30mi 2/2.0 (-1) 960 (-13%) 1mo $178,000 $185 59
17700 S Western Ave #162 0.22mi 2/2.0 (-1) 960 (-13%) 7mo $152,500 $159 58
17700 S Western Ave #35 0.22mi 2/2.0 (-1) 960 (-13%) 10mo $130,000 $135 55
17700 Western Ave SPC 111 0.30mi 2/2.0 (-1) 960 (-13%) 10mo $159,000 $166 52

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
33.9%
Equity multiple
2.43×
Total profit
$62,239
Equity at exit
$23,111
10-year hold
IRR
40.9%
Equity multiple
4.84×
Total profit
$166,811
Equity at exit
$13,402

Cash invested: $43,400 (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 90248

Active inventory
27
Price-to-rent
4.2×

Monthly cashflow live

Estimated rent
$3,091 high interval (Pro) →
Mortgage (P&I)
$813
Tax est. 1.5%
$194 /mo · $2,325/yr
Insurance
$65
HOA
$0
Vacancy / Maint / Mgmt
$649
Net cashflow
$1,371

Break-even live

Break-even rent $1,356
Max offer price $155,000
Occupancy floor 51%

Sensitivity live

Price -10% $1,478 -5% $1,424 +0% $1,371 +5% $1,317 +10% $1,264
Rent -10% $1,127 -5% $1,249 +0% $1,371 +5% $1,493 +10% $1,615
Rate -1.0pp $1,449 -0.5pp $1,410 base $1,371 +0.5pp $1,331 +1.0pp $1,290

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
$38,750
Closing costs
$4,650
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 34 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
18012 Manhattan Pl Torrance, CA 3.0 2.0 1446 $3,595 $2.49 2d 1 0.21mi
17405 Van Ness Ave Torrance, CA 2.0 2.0 850 $2,775 $3.26 16d 1 0.44mi
17313 Denker Ave Unit 4 Gardena, CA 2.0 1.0 985 $2,300 $2.34 44d 1 0.44mi
17310 S Dalton Ave #3 Gardena, CA 2.0 2.5 1400 $3,500 $2.50 25d 1 0.50mi
18405 Haas Ave Torrance, CA 3.0 2.0 1240 $3,500 $2.82 44d 1 0.56mi
1443 W 179th St Apt 104 Gardena, CA 2.0 2.0 850 $2,500 $2.94 44d 1 0.61mi
1443 W 179th St Unit 107 Gardena, CA 2.0 1.0 800 $2,450 $3.06 25d 1 0.61mi
16507 Saint Andrews Pl Unit C Gardena, CA 2.0 1.0 850 $2,650 $3.12 44d 1 0.74mi
1243 Electric St Gardena, CA 2.0 2.0 866 $2,850 $3.29 8d 1 0.88mi
1616 W Gardena Blvd Gardena, CA 2.0 1.0 882 $2,800 $3.17 3d 1 0.88mi
17229 Atkinson Ave Torrance, CA 3.0 1.0 967 $3,600 $3.72 44d 1 0.88mi
2314 W 165th St Torrance, CA 3.0 2.0 1304 $4,000 $3.07 18d 1 0.90mi
16326 Denker Ave Gardena, CA 2.0 1.0 908 $3,000 $3.30 44d 1 0.93mi
16901 Crenshaw Blvd Unit 1 Torrance, CA 2.0 1.0 800 $2,500 $3.12 25d 1 1.03mi
1328 W Gardena Blvd Apt 3 Gardena, CA 2.0 2.0 1080 $2,700 $2.50 44d 1 1.04mi
17309 Elgar Ave Torrance, CA 2.0 1.0 838 $3,400 $4.06 8d 1 1.05mi
17309 Elgar Ave Torrance, CA 2.0 1.0 838 $3,400 $4.06 13d 1 1.05mi
1261 W 166th St Gardena, CA 3.0 2.0 1280 $3,000 $2.34 44d 1 1.07mi
16713 Crenshaw Blvd Torrance, CA 3.0 1.0 850 $2,450 $2.88 44d 1 1.08mi
1343 W 164th St Gardena, CA 2.0 2.0 800 $2,700 $3.38 25d 1 1.10mi
17032 Falda Ave Torrance, CA 3.0 2.0 1487 $4,995 $3.36 0d 1 1.11mi
17513 Glenburn Ave Torrance, CA 2.0 2.0 800 $3,195 $3.99 44d 1 1.13mi
15825 Denker Ave Unit A Gardena, CA 2.0 1.0 900 $2,750 $3.06 44d 1 1.22mi
16935 S Vermont Ave Gardena, CA 2.0 1.0 850 $2,295 $2.70 25d 1 1.23mi
16920 S Vermont Ave Unit D Gardena, CA 2.0 1.5 1100 $2,795 $2.54 19d 1 1.27mi
16920 S Vermont Ave Gardena, CA 2.0 1.5 1100 $2,795 $2.54 25d 1 1.27mi
1040 W 165th Pl Unit 1 Gardena, CA 3.0 3.0 1500 $4,501 $3.00 0d 1 1.27mi
1040 W 165th Pl Unit A Gardena, CA 3.0 3.0 1500 $4,500 $3.00 0d 1 1.27mi
860 W 165th Pl Apt 201 Gardena, CA 2.0 2.0 925 $2,395 $2.59 44d 1 1.36mi
17302 Yukon Ave Torrance, CA 2.0 2.0 990 $2,782 $2.81 25d 2 1.38mi
15702 Brighton Ave Unit 4 Gardena, CA 2.0 1.0 750 $2,500 $3.33 19d 1 1.43mi
3619 W 172nd St Torrance, CA 3.0 2.0 999 $4,200 $4.20 44d 1 1.48mi
16915 Yukon Ave Unit 6 Torrance, CA 2.0 1.0 903 $2,650 $2.93 25d 1 1.48mi
16700 Yukon Ave #108 Torrance, CA 2.0 2.0 859 $3,200 $3.73 44d 1 1.49mi

Listing history 22 events

  1. 2026-06-21
    days on market $155,000 Active 236 DOM
  2. 2026-06-18
    days on market $155,000 Active 233 DOM
  3. 2026-06-17
    days on market $155,000 Active 232 DOM
  4. 2026-06-16
    days on market $155,000 Active 231 DOM
  5. 2026-06-15
    days on market $155,000 Active 230 DOM
  6. 2026-06-13
    days on market $155,000 Active 228 DOM
  7. 2026-06-13
    days on market $155,000 Active 227 DOM
  8. 2026-06-09
    days on market $155,000 Active 224 DOM
  9. 2026-06-08
    days on market $155,000 Active 223 DOM
  10. 2026-06-07
    days on market $155,000 Active 222 DOM
  11. 2026-06-04
    days on market $155,000 Active 219 DOM
  12. 2026-06-03
    days on market $155,000 Active 218 DOM
  13. 2026-06-02
    days on market $155,000 Active 217 DOM
  14. 2026-06-01
    days on market $155,000 Active 216 DOM
  15. 2026-05-31
    days on market $155,000 Active 215 DOM
  16. 2026-04-23
    price $155,000 822-char remark
    Show marketing remark (822 chars)

    This stunning, move-in ready mobile home is a rare gem, offering modern upgrades. Thoughtfully remodeled over the years, this home is designed for both comfort and style. Inside, you'll find sleek wood flooring and a beautifully upgraded kitchen featuring quartz countertops. Both bathrooms have been tastefully upgraded with tile showers and a luxurious tile bathtub, adding a touch of sophistication. Plus, the convenience of an in-home washer and dryer makes daily living effortless. Step outside to your private backyard, perfect for relaxation and entertaining. The home also comes with a storage shed and two covered parking spaces; providing both convenience and extra storage. This home is truly entertainment-ready, stylish, and move-in ready—a must-see! Don’t miss out—schedule a showing today!

  17. 2026-02-10
    price $165,000 822-char remark
    Show marketing remark (822 chars)

    This stunning, move-in ready mobile home is a rare gem, offering modern upgrades. Thoughtfully remodeled over the years, this home is designed for both comfort and style. Inside, you'll find sleek wood flooring and a beautifully upgraded kitchen featuring quartz countertops. Both bathrooms have been tastefully upgraded with tile showers and a luxurious tile bathtub, adding a touch of sophistication. Plus, the convenience of an in-home washer and dryer makes daily living effortless. Step outside to your private backyard, perfect for relaxation and entertaining. The home also comes with a storage shed and two covered parking spaces; providing both convenience and extra storage. This home is truly entertainment-ready, stylish, and move-in ready—a must-see! Don’t miss out—schedule a showing today!

  18. 2026-01-03
    price $179,900 822-char remark
    Show marketing remark (822 chars)

    This stunning, move-in ready mobile home is a rare gem, offering modern upgrades. Thoughtfully remodeled over the years, this home is designed for both comfort and style. Inside, you'll find sleek wood flooring and a beautifully upgraded kitchen featuring quartz countertops. Both bathrooms have been tastefully upgraded with tile showers and a luxurious tile bathtub, adding a touch of sophistication. Plus, the convenience of an in-home washer and dryer makes daily living effortless. Step outside to your private backyard, perfect for relaxation and entertaining. The home also comes with a storage shed and two covered parking spaces; providing both convenience and extra storage. This home is truly entertainment-ready, stylish, and move-in ready—a must-see! Don’t miss out—schedule a showing today!

  19. 2025-10-28
    listed $189,900 Active 822-char remark
    Show marketing remark (822 chars)

    This stunning, move-in ready mobile home is a rare gem, offering modern upgrades. Thoughtfully remodeled over the years, this home is designed for both comfort and style. Inside, you'll find sleek wood flooring and a beautifully upgraded kitchen featuring quartz countertops. Both bathrooms have been tastefully upgraded with tile showers and a luxurious tile bathtub, adding a touch of sophistication. Plus, the convenience of an in-home washer and dryer makes daily living effortless. Step outside to your private backyard, perfect for relaxation and entertaining. The home also comes with a storage shed and two covered parking spaces; providing both convenience and extra storage. This home is truly entertainment-ready, stylish, and move-in ready—a must-see! Don’t miss out—schedule a showing today!

  20. 2021-05-18
    historical
  21. 2021-05-12
    status Active
  22. 2021-04-18
    listed $65,000 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 4/10 Moderate 4 d/yr ≥86°F today · 12 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

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$37,094
− Mortgage interest
−$8,682
− Property taxes
−$2,325
− Insurance
−$775
− Repairs & maintenance
−$2,968
− Management
−$2,968
− Depreciation
−$4,509
Taxable income
$14,867
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,568
After-tax cash flow
$12,882/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 75/100 Cosmetic rehab

This move-in ready mobile home is in good condition with modern upgrades and a well-maintained exterior. It offers a good return on investment with potential for further updates to enhance its resale value.

Value-add opportunities

  • Both Paint interior walls — Fresh paint can enhance the home's curb appeal and interior aesthetics
  • Resale Replace countertops — Quartz countertops are durable and can add value to the home
  • Resale Upgrade flooring — Sleek wood flooring can add value and appeal to potential buyers

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint interior walls — Fresh paint can enhance the home's curb appeal and interior aesthetics
  • Resale Replace countertops — Quartz countertops are durable and can add value to the home
  • Resale Upgrade flooring — Sleek wood flooring can add value and appeal to potential buyers

ⓘ 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
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

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
City population
153,473
Population (ZIP)
11,144

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 0.75)
Race & ethnicity
Asian 32% Hispanic / Latino 31% Black 21% Two or more races 12% White 7%
Hispanic origin (detail)
Mexican 20% Puerto Rican 2%
Common ancestry
British 1%
Foreign-born
37% · Canada, South Korea, Vietnam
Languages at home
53% English-only · Spanish 25% Other Asian/Pacific 10% Tagalog/Filipino 6%

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
▼ -318.63%
Current HPI
409.9768
Rent YoY
Metro
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+138.5% since first listed
7 events — show timeline
  • 2026-04-23 Price Changed $155,000 CRMLS
  • 2026-02-10 Price Changed $165,000 CRMLS
  • 2026-01-03 Price Changed $179,900 CRMLS
  • 2025-10-28 Listed $189,900 CRMLS
  • 2021-05-18 Listing Removed CRMLS
  • 2021-05-12 Relisted CRMLS
  • 2021-04-18 Listed $65,000 CRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…