26871 Alessandro Blvd #106 · Moreno Valley, CA 92555

$140,000

2 bd · 2.0 ba · 1,368 sqft · Manufactured · 85 Days on market

Built 1971 Good condition $102/sqft · 7% below area Est $150k · 7% under

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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 +10.5/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Condition / age +3.8/5.0
• Rent growth +3.0/5.0
• Schools +2.8/10.0
• Livability +2.8/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Country Squires Mobile Estates! Space 106 offers a charming and well-maintained 2-bedroom, 2-bath home with an open floor plan designed for comfortable living. This home features spacious bedrooms, a bright living area, and a versatile bonus room—perfect for a potential third bedroom, home office, or media room. The kitchen is generously sized and showcases updated cabinetry and a stylish tile backsplash, providing both functionality and appeal. The indoor laundry room offers added convenience, complete with dedicated space for a washer and dryer, making everyday tasks easy and efficient. Recently remodeled, this cozy residence includes newer flooring and fresh interior paint, creating a clean and move-in-ready space. Step outside to enjoy a nice yard space—perfect for relaxing, gardening, or entertaining. The community is family friendly , quiet, well-kept, and welcoming—ideal for peaceful living. Don’t miss the opportunity to make this lovely home yours—schedule a showing today!

Key facts

• Garage
• Community pool
• Built 1971

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $140k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $140k).
• Recommended offer: $132k (6.0% below list) — sets the bar for market timing.
• Cap rate 16.1% vs local median 3.9% in Moreno Valley — 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 55/100 on livability (#838 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+, employment B; Watch: schools D-, amenities F, commute F.
• Moreno Valley Unified (suburban): math 23% / reading 34% proficiency, ranked #1,050 of 1,400 in CA (top 75%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.1%/yr); 135 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 46% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.1% rent growth), your $39k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 85 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago; this cycle's ask has dropped $19k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,600 (6.0% below list)

Questions for the listing agent

1. It's been on market 85 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 1971 — 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: 1.91% ✓
• Cap rate: 16.12%
• Cash-on-cash: 35.10%
• DSCR: 2.56
• GRM: 4.4

CMA / ARV

• ARV (median comp): $149,931
• List price: $140,000
• Delta: -6.62%
• Verdict: FAIR
• Comps: 3 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
26871 Alessandro Blvd #60	0.00mi	3/2.0 (+1)	1,392 (+2%)	6mo	$150,000	$108	87
26871 Alessandro #86	0.05mi	3/3.0 (+1)	1,440 (+5%)	2mo	$172,000	$119	78
26871 Alessandro #71	0.00mi	2/2.0	1,440 (+5%)	20mo	$149,888	$104	74
26871 Alessandro Blvd #63	0.05mi	2/2.0	1,248 (-9%)	17mo	$165,000	$132	68
26871 Alessandro Blvd #101	0.05mi	3/2.0 (+1)	1,300 (-5%)	23mo	$155,000	$119	65
26871 Alessandro Blvd #15	0.05mi	3/2.0 (+1)	1,248 (-9%)	23mo	$145,000	$116	59

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 · 2.11% rent growth · sell at horizon

5-year hold

• IRR: 29.7%
• Equity multiple: 2.22×
• Total profit: $48,015
• Equity at exit: $20,874

10-year hold

• IRR: 36.5%
• Equity multiple: 4.23×
• Total profit: $126,447
• Equity at exit: $12,105

Cash invested: $39,200 (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.

Methodology + full state rankings →

ZIP-level market 92555

• Home prices YoY: -13.2%
• Rents YoY: 2.1%
• Active inventory: 135
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $2,676 high
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,100/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$562
• Net cashflow: $1,147

Break-even live

Break-even rent $1,225

Max offer price $140,000

Occupancy floor 52%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14063 Starlene ST Moreno Valley, CA	3.0	2.5	1575	$3,000	$1.90	43d	1	0.44mi
14147 Darwin Dr Moreno Valley, CA	1.0–2.0	1.0–2.0	914	$2,826	$3.09	24d	24	0.74mi
14400 Lasselle St Unit F207 Moreno Valley, CA	1.0	1.0	925	$2,145	$2.32	24d	1	0.88mi
14400 Lasselle St Unit E206 Moreno Valley, CA	2.0	2.0	1167	$2,595	$2.22	43d	1	0.89mi
14400 Lasselle St Unit F201 Moreno Valley, CA	3.0	2.0	1478	$2,895	$1.96	43d	1	0.89mi
14400 Lasselle St Unit M107 Moreno Valley, CA	1.0	1.0	925	$2,100	$2.27	43d	1	0.89mi
27931 Cactus Ave Unit B Moreno Valley, CA	3.0	2.5	1468	$2,950	$2.01	43d	1	1.06mi
27910 John F Kennedy Dr Moreno Valley, CA	3.0	2.5	1468	$2,795	$1.90	4d	1	1.20mi
28101 Belleterre Ave Moreno Valley, CA	3.0	2.0	1637	$2,895	$1.77	14d	1	1.26mi
27952 John F Kennedy Dr Unit C Moreno Valley, CA	3.0	2.5	1781	$2,600	$1.46	43d	1	1.28mi
14663 Rio Grande Dr Moreno Valley, CA	3.0	2.0	1277	$2,800	$2.19	24d	1	1.28mi
25680 Dandelion Ct Moreno Valley, CA	3.0	2.0	1100	$2,625	$2.39	4d	1	1.38mi
15100 Moreno Beach Dr Moreno Valley, CA	1.0–3.0	1.0–2.0	1007	$2,512	$2.49	1d	11	1.46mi

Listing history 22 events

1. 2026-06-18
   days on market $140,000 Active 85 DOM
2. 2026-06-17
   days on market $140,000 Active 84 DOM
3. 2026-06-16
   days on market $140,000 Active 83 DOM
4. 2026-06-15
   days on market $140,000 Active 82 DOM
5. 2026-06-13
   days on market $140,000 Active 80 DOM
6. 2026-06-13
   days on market $140,000 Active 79 DOM
7. 2026-06-09
   days on market $140,000 Active 76 DOM
8. 2026-06-08
   days on market $140,000 Active 75 DOM
9. 2026-06-07
   days on market $140,000 Active 74 DOM
10. 2026-06-04
    days on market $140,000 Active 71 DOM
11. 2026-06-03
    days on market $140,000 Active 70 DOM
12. 2026-06-02
    days on market $140,000 Active 69 DOM
13. 2026-06-01
    days on market $140,000 Active 68 DOM
14. 2026-05-31
    days on market $140,000 Active 67 DOM
15. 2026-05-07
    price $140,000 1036-char remark

    Show marketing remark (1036 chars)

    Welcome to Country Squires Mobile Estates! Space 106 offers a charming and well-maintained 2-bedroom, 2-bath home with an open floor plan designed for comfortable living. This home features spacious bedrooms, a bright living area, and a versatile bonus room—perfect for a potential third bedroom, home office, or media room. The kitchen is generously sized and showcases updated cabinetry and a stylish tile backsplash, providing both functionality and appeal. The indoor laundry room offers added convenience, complete with dedicated space for a washer and dryer, making everyday tasks easy and efficient. Recently remodeled, this cozy residence includes newer flooring and fresh interior paint, creating a clean and move-in-ready space. Step outside to enjoy a nice yard space—perfect for relaxing, gardening, or entertaining. The community is family friendly , quiet, well-kept, and welcoming—ideal for peaceful living. Don’t miss the opportunity to make this lovely home yours—schedule a showing today!

16. 2026-04-13
    price $149,000 1036-char remark

    Show marketing remark (1036 chars)

    Welcome to Country Squires Mobile Estates! Space 106 offers a charming and well-maintained 2-bedroom, 2-bath home with an open floor plan designed for comfortable living. This home features spacious bedrooms, a bright living area, and a versatile bonus room—perfect for a potential third bedroom, home office, or media room. The kitchen is generously sized and showcases updated cabinetry and a stylish tile backsplash, providing both functionality and appeal. The indoor laundry room offers added convenience, complete with dedicated space for a washer and dryer, making everyday tasks easy and efficient. Recently remodeled, this cozy residence includes newer flooring and fresh interior paint, creating a clean and move-in-ready space. Step outside to enjoy a nice yard space—perfect for relaxing, gardening, or entertaining. The community is family friendly , quiet, well-kept, and welcoming—ideal for peaceful living. Don’t miss the opportunity to make this lovely home yours—schedule a showing today!

17. 2026-04-13
    price $152,000 1036-char remark

    Show marketing remark (1036 chars)

    Welcome to Country Squires Mobile Estates! Space 106 offers a charming and well-maintained 2-bedroom, 2-bath home with an open floor plan designed for comfortable living. This home features spacious bedrooms, a bright living area, and a versatile bonus room—perfect for a potential third bedroom, home office, or media room. The kitchen is generously sized and showcases updated cabinetry and a stylish tile backsplash, providing both functionality and appeal. The indoor laundry room offers added convenience, complete with dedicated space for a washer and dryer, making everyday tasks easy and efficient. Recently remodeled, this cozy residence includes newer flooring and fresh interior paint, creating a clean and move-in-ready space. Step outside to enjoy a nice yard space—perfect for relaxing, gardening, or entertaining. The community is family friendly , quiet, well-kept, and welcoming—ideal for peaceful living. Don’t miss the opportunity to make this lovely home yours—schedule a showing today!

18. 2026-03-25
    listed $159,000 Active 1036-char remark

    Show marketing remark (1036 chars)

    Welcome to Country Squires Mobile Estates! Space 106 offers a charming and well-maintained 2-bedroom, 2-bath home with an open floor plan designed for comfortable living. This home features spacious bedrooms, a bright living area, and a versatile bonus room—perfect for a potential third bedroom, home office, or media room. The kitchen is generously sized and showcases updated cabinetry and a stylish tile backsplash, providing both functionality and appeal. The indoor laundry room offers added convenience, complete with dedicated space for a washer and dryer, making everyday tasks easy and efficient. Recently remodeled, this cozy residence includes newer flooring and fresh interior paint, creating a clean and move-in-ready space. Step outside to enjoy a nice yard space—perfect for relaxing, gardening, or entertaining. The community is family friendly , quiet, well-kept, and welcoming—ideal for peaceful living. Don’t miss the opportunity to make this lovely home yours—schedule a showing today!

19. 2026-03-23
    historical $159,000 1036-char remark

    Show marketing remark (1036 chars)

    Welcome to Country Squires Mobile Estates! Space 106 offers a charming and well-maintained 2-bedroom, 2-bath home with an open floor plan designed for comfortable living. This home features spacious bedrooms, a bright living area, and a versatile bonus room—perfect for a potential third bedroom, home office, or media room. The kitchen is generously sized and showcases updated cabinetry and a stylish tile backsplash, providing both functionality and appeal. The indoor laundry room offers added convenience, complete with dedicated space for a washer and dryer, making everyday tasks easy and efficient. Recently remodeled, this cozy residence includes newer flooring and fresh interior paint, creating a clean and move-in-ready space. Step outside to enjoy a nice yard space—perfect for relaxing, gardening, or entertaining. The community is family friendly , quiet, well-kept, and welcoming—ideal for peaceful living. Don’t miss the opportunity to make this lovely home yours—schedule a showing today!

20. 2023-03-15
    status Pending Sale
21. 2023-03-10
    historical
22. 2023-03-03
    listed $95,000 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 8/10 Severe
• 🌡 Heat 7/10 Severe 7 d/yr ≥100°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 9/10 Extreme 21 unhealthy d/yr today · 25 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,115
• − Mortgage interest: −$7,842
• − Property taxes: −$2,100
• − Insurance: −$700
• − Repairs & maintenance: −$2,569
• − Management: −$2,569
• − Depreciation: −$4,073
• Taxable income: $12,262
• Est. tax owed @ 24.0%: −$2,943
• After-tax cash flow: $10,818/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 75/100 Cosmetic rehab

This well-maintained mobile home features updated cabinetry and tile backsplash, making it a good investment with potential for further updates to enhance its resale and rental value.

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and value
• Resale Replace countertops — Modernizes kitchen and adds value
• Resale Replace flooring — Freshens the home and adds value

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior — Enhances curb appeal and value ↑
• Resale Replace countertops — Modernizes kitchen and adds value ↑
• Resale Replace flooring — Freshens the home and adds value ↑

ⓘ 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: Moreno Valley Unified
• NCES district ID: 0625800
• Math proficiency: 23% ▲ 1.00%
• Reading proficiency: 34% ▲ 3.00%
• Median HH income: $55,495
• Composite: 28.36/100
• National rank: #12131
• State rank: #1050 of 1400 in CA

Livability — Moreno Valley

• Score: 55/100
• State rank: #838
• US rank: #23203

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Moreno Valley, CA
• County: Riverside County · 2,287,001 people
• City population: 212,104
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 45,978
• Household income: $121,425
• Rent vs Own: 24.4% rent · 75.6% own
• Severe rent burden: 457.0

Population outlook (Riverside County) Hauer SSP2

• Today (2025): 2,664,475 people
• By 2030: 2,802,692 · +5.2%
• By 2040: 3,050,904 · +14.5%
• By 2050: 3,256,783 · +22.2%
• By 2075: 3,655,058 · +37.2%
• By 2100: 3,766,594 · +41.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Hispanic / Latino 49% Black 21% White 20% Two or more races 14% Asian 7% Native American 1%
• Hispanic origin (detail): Mexican 43%
• Common ancestry: Lithuanian 1% Scottish 1% Slovak 1%
• Foreign-born: 20% · Canada, China, Vietnam
• Languages at home: 59% English-only · Spanish 32% Tagalog/Filipino 3% Other Indo-European 1%

Political lean MEDSL · Riverside

• 2024 margin: Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
• 2008→2024 swing: -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
• All cycles: 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -55.67%
• Current HPI: 364.6628
• Rent YoY: ▲ 2.11%
• Metro: Riverside-San Bernardino-Ontario, CA
• 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

+47.4% since first listed

8 events — show timeline

• 2026-05-07 Price Changed $140,000 CRMLS
• 2026-04-13 Price Changed $149,000 CRMLS
• 2026-04-13 Price Changed $152,000 CRMLS
• 2026-03-25 Listed $159,000 CRMLS
• 2026-03-23 Coming Soon $159,000 CRMLS
• 2023-03-15 Pending — CRMLS
• 2023-03-10 Listing Removed — CRMLS
• 2023-03-03 Listed $95,000 CRMLS