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29021 Bouquet Cyn #334
C+ Composite 64.1
Why this score? — see what drove the C+ 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
  • DSCR +10.0/10.0
  • 1% rule +9.7/10.0
  • Schools +5.9/10.0
  • Livability +3.5/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$215,000

29021 Bouquet Cyn #334 · Santa Clarita, CA 91390
3 bd · 2.0 ba · 1,152 sqft · Manufactured public records · 60 Days on market
Built 1994 Est $177k · 21% over

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

Listing remarks MLS

PEACEFULL LIVING! This 1994 3 Bedroom 2 Bath 1994 1064sf Manufactured home is country living near the city. Home Features a split floor plan, drywall interior, wood laminate flooring, upgraded vinyl floor in kitchen, upgraded counter tops and sink/faucet in kitchen. Living room in bright & open and offers natural light thru a gable window. Well maintained home sets near the end of culdesac street. No homes to the back or front. Children's play area is across the street. Two car covered carport + storage shed. Park has shaded tree lined streets, pool and recreation areas and close to shopping, schools.

Key facts

  • 2 garage spots
  • Community pool
  • Built 1994

Property features AI

Finance

  • HOA & community: Land lease of $1,075

Exterior

  • Parking: 2 garage spaces; 2 total parking spaces; Located in the Lilly of The Valley park
  • Utilities: Public sewer; District/public water
  • Home design: Single-story mobile home; Mobile home remains on site; Entry on level 1
  • Construction: Mobile home 11 ft by 45 ft; Built year per assessor
  • Exterior features: Community in-ground pool; Community hiking and foothill access

Interior

  • Bathrooms: 2 full bathrooms
  • Interior features: Entry a few steps up
  • Laundry & utility: Laundry in a dedicated room; Gas and electric dryer hookups

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 $215k.

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 ($3k rent vs $215k).
  • Recommended offer: $209k (3.0% below list) — sets the bar for market timing.
  • Cap rate 13.2% vs local median 2.8% in Santa Clarita — 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 70/100 on livability (#229 in CA) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A, crime A-; Watch: amenities D+, cost of living F, health & safety F.
  • William S. Hart Union High (suburban): math 52% / reading 72% proficiency, ranked #155 of 1,400 in CA (top 11%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 18% free/reduced lunch — higher-income household profile.
  • Market conditions: 96 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 8d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $6k 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 $60k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 60 days — a 3% lower offer ($209k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 20y 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 $64k; list at $215k implies a 236% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe 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 $208,550 (3.0% below list)

Questions for the listing agent

  1. It's been on market 60 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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.
  5. 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.
  6. 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
1.47%
Cap rate
13.24%
Cash-on-cash
24.82%
DSCR
2.10
GRM
5.7

CMA / ARV

ARV (on-the-fly)
$177,408
Comps found
5
Show comp detail 5 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
29021 Bouquet Cyn #331 0.00mi 3/2.0 1,142 (-1%) 4mo $160,000 $140 95
29021 Bouquet Cyn #324 0.00mi 3/2.0 1,248 (+8%) 1mo $192,500 $154 85
29021 Bouquet Canyon Rd #267 0.00mi 3/2.0 1,136 (-1%) 21mo $235,000 $207 80
29021 Bouquet Canyon Rd #299 0.00mi 3/2.0 1,120 (-3%) 18mo $115,000 $103 80
29021 Bouquet Canyon Rd #340 0.00mi 3/2.0 1,104 (-4%) 21mo $175,000 $159 76

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
18.2%
Equity multiple
1.74×
Total profit
$44,385
Equity at exit
$32,057
10-year hold
IRR
26.6%
Equity multiple
3.33×
Total profit
$140,407
Equity at exit
$18,589

Cash invested: $60,200 (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 91390

Home prices YoY
-33.8%
Active inventory
96
Price-to-rent
5.7×

Monthly cashflow live

Estimated rent
$3,169 high interval (Pro) →
Mortgage (P&I)
$1,127
Tax from tax record
$41 /mo · $489/yr
Insurance
$90
HOA
$0
Vacancy / Maint / Mgmt
$665
Net cashflow
$1,245

Break-even live

Break-even rent $1,592
Max offer price $215,000
Occupancy floor 56%

Sensitivity live

Price -10% $1,367 -5% $1,306 +0% $1,245 +5% $1,184 +10% $1,124
Rent -10% $995 -5% $1,120 +0% $1,245 +5% $1,370 +10% $1,496
Rate -1.0pp $1,354 -0.5pp $1,300 base $1,245 +0.5pp $1,190 +1.0pp $1,133

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
$53,750
Closing costs
$6,450
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 5 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
20000 Plum Canyon Rd Santa Clarita, CA 3.0 3.0 1370 $3,500 $2.55 0d 1 1.33mi
20000 Plum Canyon Rd Santa Clarita, CA 1.0–3.0 1.0–3.0 1051 $3,700 $3.52 25d 2 1.34mi
20833 Plum Canyon Rd Santa Clarita, CA 2.0 1.0 834 $2,495 $2.99 16d 1 1.35mi
28427 Santa Rosa Ln Santa Clarita, CA 2.0 2.0 1121 $3,000 $2.68 0d 1 1.40mi
19335 Laroda Ln Santa Clarita, CA 2.0 2.0 1400 $3,000 $2.14 8d 1 1.49mi

Listing history 29 events

  1. 2026-06-21
    days on market $215,000 Active 60 DOM
  2. 2026-06-18
    days on market $215,000 Active 57 DOM
  3. 2026-06-17
    days on market $215,000 Active 56 DOM
  4. 2026-06-16
    days on market $215,000 Active 55 DOM
  5. 2026-06-15
    days on market $215,000 Active 54 DOM
  6. 2026-06-13
    days on market $215,000 Active 52 DOM
  7. 2026-06-13
    days on market $215,000 Active 51 DOM
  8. 2026-06-09
    days on market $215,000 Active 48 DOM
  9. 2026-06-08
    days on market $215,000 Active 47 DOM
  10. 2026-06-07
    days on market $215,000 Active 46 DOM
  11. 2026-06-04
    days on market $215,000 Active 43 DOM
  12. 2026-06-03
    days on market $215,000 Active 42 DOM
  13. 2026-06-02
    days on market $215,000 Active 41 DOM
  14. 2026-06-01
    days on market $215,000 Active 40 DOM
  15. 2026-06-01
    price $215,000 Active 39 DOM
  16. 2026-05-31
    days on market $225,000 Active 39 DOM
  17. 2026-04-25
    status Active
  18. 2026-03-29
    status Active
  19. 2026-03-26
    listed $225,000 Active
  20. 2026-03-23
    historical $225,000
  21. 2015-09-28
    soldstatus $64,000 Closed 614-char remark
    Show marketing remark (614 chars)

    PEACEFULL LIVING! This 1994 3 Bedroom 2 Bath 1994 1064sf Manufactured home is country living near the city. Home Features a split floor plan, drywall interior, wood laminate flooring, upgraded vinyl floor in kitchen, upgraded counter tops and sink/faucet in kitchen. Living room in bright & open and offers natural light thru a gable window. Well maintained home sets near the end of culdesac street. No homes to the back or front. Children's play area is across the street. Two car covered carport + storage shed. Park has shaded tree lined streets, pool and recreation areas and close to shopping, schools.

  22. 2015-09-25
    soldstatus $64,000 Closed 640-char remark
    Show marketing remark (640 chars)

    PEACEFULL LIVING! This manufactured home was built in 1994 and has 3 bedrooms and 2 full bathrooms. 1064sf of little bit of country living just outside the city. Home features a split floor plan, drywall interiot, wood laminate flooring, upgraded vinyl floor in kitchen and upgraded counter tops. Living room is bright & open and offers natural light through a gable window. Well maintained home sets near the end of the culdesac street. Close the the club house. No homes in the back or in the front. Nice location in the park. Two car covered carport with storage shed. Park has shaded tree lined streets. Pool and recreation areas.

  23. 2015-09-24
    status Pending 640-char remark
    Show marketing remark (640 chars)

    PEACEFULL LIVING! This manufactured home was built in 1994 and has 3 bedrooms and 2 full bathrooms. 1064sf of little bit of country living just outside the city. Home features a split floor plan, drywall interiot, wood laminate flooring, upgraded vinyl floor in kitchen and upgraded counter tops. Living room is bright & open and offers natural light through a gable window. Well maintained home sets near the end of the culdesac street. Close the the club house. No homes in the back or in the front. Nice location in the park. Two car covered carport with storage shed. Park has shaded tree lined streets. Pool and recreation areas.

  24. 2015-08-31
    status Pending 614-char remark
    Show marketing remark (614 chars)

    PEACEFULL LIVING! This 1994 3 Bedroom 2 Bath 1994 1064sf Manufactured home is country living near the city. Home Features a split floor plan, drywall interior, wood laminate flooring, upgraded vinyl floor in kitchen, upgraded counter tops and sink/faucet in kitchen. Living room in bright & open and offers natural light thru a gable window. Well maintained home sets near the end of culdesac street. No homes to the back or front. Children's play area is across the street. Two car covered carport + storage shed. Park has shaded tree lined streets, pool and recreation areas and close to shopping, schools.

  25. 2015-08-26
    status Backup Offers Accepted 640-char remark
    Show marketing remark (640 chars)

    PEACEFULL LIVING! This manufactured home was built in 1994 and has 3 bedrooms and 2 full bathrooms. 1064sf of little bit of country living just outside the city. Home features a split floor plan, drywall interiot, wood laminate flooring, upgraded vinyl floor in kitchen and upgraded counter tops. Living room is bright & open and offers natural light through a gable window. Well maintained home sets near the end of the culdesac street. Close the the club house. No homes in the back or in the front. Nice location in the park. Two car covered carport with storage shed. Park has shaded tree lined streets. Pool and recreation areas.

  26. 2015-08-03
    listed $65,000 Active 614-char remark
    Show marketing remark (614 chars)

    PEACEFULL LIVING! This 1994 3 Bedroom 2 Bath 1994 1064sf Manufactured home is country living near the city. Home Features a split floor plan, drywall interior, wood laminate flooring, upgraded vinyl floor in kitchen, upgraded counter tops and sink/faucet in kitchen. Living room in bright & open and offers natural light thru a gable window. Well maintained home sets near the end of culdesac street. No homes to the back or front. Children's play area is across the street. Two car covered carport + storage shed. Park has shaded tree lined streets, pool and recreation areas and close to shopping, schools.

  27. 2015-07-06
    listed $65,000 Active 640-char remark
    Show marketing remark (640 chars)

    PEACEFULL LIVING! This manufactured home was built in 1994 and has 3 bedrooms and 2 full bathrooms. 1064sf of little bit of country living just outside the city. Home features a split floor plan, drywall interiot, wood laminate flooring, upgraded vinyl floor in kitchen and upgraded counter tops. Living room is bright & open and offers natural light through a gable window. Well maintained home sets near the end of the culdesac street. Close the the club house. No homes in the back or in the front. Nice location in the park. Two car covered carport with storage shed. Park has shaded tree lined streets. Pool and recreation areas.

  28. 2007-02-17
    historical
  29. 2006-08-04
    listed $76,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

Current annual tax
$489 · $41/mo
Projected year-2 tax
$1,634 · $136/mo
Expected delta
+$1,145/yr (+$95/mo · 234.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 10/10 Extreme
  • 🌡 Heat 7/10 Severe 7 d/yr ≥99°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 7/10 Severe 14 unhealthy d/yr today · 17 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
$38,022
− Mortgage interest
−$12,043
− Property taxes
−$489
− Insurance
−$1,075
− Repairs & maintenance
−$3,042
− Management
−$3,042
− Depreciation
−$6,255
Taxable income
$12,077
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,899
After-tax cash flow
$12,046/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
William S. Hart Union High
NCES district ID
0642510
Math proficiency
52% ▬ 0.00%
Reading proficiency
72% ▲ 1.00%
Median HH income
$95,844
Composite
58.6/100
National rank
#2030
State rank
#155 of 1400 in CA

Livability — Santa Clarita

Score
70/100
State rank
#229
US rank
#7378

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

City population
219,066
Population (ZIP)
18,722

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
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
White 61% Hispanic / Latino 26% Two or more races 12% Asian 6% Black 2%
Hispanic origin (detail)
Mexican 14% Cuban 1%
Common ancestry
Lithuanian 2% Scottish 2% Portuguese 2%
Foreign-born
14% · Canada, China, Dominican Republic
Languages at home
81% English-only · Spanish 14% Other Indo-European 2% Chinese 1%

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
▼ -165.65%
Current HPI
325.09
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

+196.1% since first listed
13 events — show timeline
  • 2026-04-25 Relisted CRMLS
  • 2026-03-29 Relisted CRMLS
  • 2026-03-26 Listed $225,000 CRMLS
  • 2026-03-23 Coming Soon $225,000 CRMLS
  • 2015-09-28 Sold (MLS) $64,000 AVMLS
  • 2015-09-25 Sold (MLS) $64,000 CRMLS
  • 2015-09-24 Pending CRMLS
  • 2015-08-31 Pending AVMLS
  • 2015-08-26 Pending CRMLS
  • 2015-08-03 Listed $65,000 AVMLS
  • 2015-07-06 Listed $65,000 CRMLS
  • 2007-02-17 Listing Removed CRMLS
  • 2006-08-04 Listed $76,000 CRMLS

Property tax history

+4.2%/yr

Latest (2025): $489 · +4.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…