777 S Temescal St #102 · Corona, CA 92879

$130,000

2 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 28 Days on market

Built 1975 Est $130k · at est.

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.6/15.0
• Schools +5.1/10.0
• Rent growth +3.2/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

SPACIOUS 3 BEDROOM 2 BATH MOBILE HOME LOCATED IN DESIRABLE CORONA LA LINDA MOBILE HOME PARK COMMUNITY. OPEN FLOOR PLAN, SPACIOUS ROOMS. SEPARATE DINING AREA, LARGE LIVING ROOM. PRIVATE FENCE YARD FOR KIDS AND PETS. WELL MAINTAINED AND READY FOR IT'S NEW OWNERS TO MAKE IT THEIR OWN. GREAT LOCATION NEAR 15 FWY. AND 91 FWY.

Key facts

• Covered parking
• Community clubhouse
• Storage shed

Tags

• COVERED PARKING
• STORAGE SHED
• GREEN BACKYARD
• LAUNDRY INSIDE
• COMMUNITY CLUBHOUSE
• GYM

Property features AI

Finance

• Other: Living area source: Assessor's data; Parcel number available; Directions: MAGNOILIA AVE./TEMESCAL ST.
• HOA & community: Land lease in place ($1,470 monthly); Park: CORONA LA LINDA; Manager approval required

Exterior

• Parking: Carport with space for 3 vehicles; Access via city streets
• Utilities: Public sewer; District/public water
• Home design: Manufactured/mobile home (12' x 56') — mobile home remains; Single-story; Shingle roof
• Construction: Year built reported by builder
• Exterior features: Porch; Patio; Community pool; Shed; Paved lot/driveway; Sidewalks

Interior

• Flooring: Wood flooring; Laminate flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (furnace); Central air conditioning
• Interior features: One-level layout; Turnkey condition; Kitchen; Living Room
• Laundry & utility: Laundry inside the unit

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $130k.

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 $130k).
• Recommended offer: $128k (1.5% below list) — sets the bar for market timing.
• Cap rate 18.1% vs local median 2.9% in Corona — 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 63/100 on livability (#461 in CA) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A-; Watch: commute C-, health & safety D, amenities F.
• Corona-Norco Unified (suburban): math 46% / reading 61% proficiency, ranked #312 of 1,400 in CA (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+2.8%/yr); 85 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
• This rent runs 36% of the median local income ($92k/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 $899 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 + 2.8% rent growth), your $36k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 16y 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 $43k; list at $130k implies a 202% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $128,050 (1.5% below list)

Questions for the listing agent

1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 2.12% ✓
• Cap rate: 18.14%
• Cash-on-cash: 42.31%
• DSCR: 2.88
• GRM: 3.9

CMA / ARV

• ARV (on-the-fly): $130,368
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
777 S Temescal St #8	0.07mi	3/2.0 (+1)	1,440 (+7%)	1mo	$64,500	$45	79
777 S Temescal #11	0.07mi	3/2.0 (+1)	1,440 (+7%)	4mo	$140,000	$97	76
777 S Temescal St #78	0.07mi	3/2.0 (+1)	1,248 (-7%)	17mo	$175,000	$140	66
13381 Magnolia Ave #172	0.69mi	2/2.0	1,344 (0%)	8mo	$130,000	$97	61
13381 Magnolia Ave #121	0.69mi	3/2.0 (+1)	1,344 (0%)	9mo	$138,000	$103	55
13381 Magnolia #35	0.69mi	2/2.0	1,440 (+7%)	3mo	$131,000	$91	53
13381 Magnolia Ave #127	0.69mi	3/2.0 (+1)	1,344 (0%)	12mo	$105,000	$78	53
13381 Magnolia Ave #140	0.69mi	2/2.0	1,440 (+7%)	14mo	$150,000	$104	44
13381 Magnolia Ave #41	0.69mi	2/2.0	1,440 (+7%)	17mo	$120,000	$83	42
13381 Magnolia Ave #72	0.69mi	3/2.0 (+1)	1,440 (+7%)	12mo	$119,000	$83	41
13381 Magnolia Ave #58	0.69mi	2/2.0	1,536 (+14%)	15mo	$152,000	$99	31
13381 Magnolia Ave #153	0.69mi	2/2.0	1,152 (-14%)	18mo	$140,000	$122	29

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 · 2.77% rent growth · sell at horizon

5-year hold

• IRR: 38.8%
• Equity multiple: 2.65×
• Total profit: $60,088
• Equity at exit: $19,383

10-year hold

• IRR: 45.1%
• Equity multiple: 5.26×
• Total profit: $155,153
• Equity at exit: $11,240

Cash invested: $36,400 (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.

Methodology + full state rankings →

ZIP-level market 92879

• Rents YoY: 2.8%
• Active inventory: 85
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $2,762 high
• Mortgage (P&I): −$682
• Tax est. 1.5%: −$162 /mo · $1,950/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$580
• Net cashflow: $1,284

Break-even live

Break-even rent $1,137

Max offer price $130,000

Occupancy floor 49%

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3721 N Byron St Unit 3731 Corona, CA	2.0	1.0	925	$2,150	$2.32	5d	1	0.28mi
3827 Grant St #54 Corona, CA	3.0	2.5	1354	$3,250	$2.40	4d	1	0.54mi
13370 Magnolia Ave Corona, CA	3.0	2.0	900	$2,450	$2.72	43d	1	0.64mi
400 Yellowstone Cir Corona, CA	3.0	2.5	1594	$3,400	$2.13	24d	1	1.00mi
451 Wellesley Dr Corona, CA	1.0–3.0	1.0–3.0	1038	$3,024	$2.91	1d	15	1.05mi
3713 Calle Curacso Riverside, CA	3.0	2.5	1300	$3,090	$2.38	43d	1	1.11mi
3713 Calle Curacso Riverside, CA	3.0	2.0	1300	$3,090	$2.38	16d	1	1.11mi
2225 Collett Ave Corona, CA	1.0–3.0	1.0–2.0	1117	$2,997	$2.68	1d	33	1.12mi
501 Roosevelt St Corona, CA	3.0	2.0	1272	$3,350	$2.63	11d	1	1.13mi
2178 Stoneridge Dr Corona, CA	1.0–3.0	1.0–2.0	946	$2,576	$2.72	1d	10	1.39mi
2365 Promenade Ave Corona, CA	1.0–2.0	1.0–2.0	892	$2,557	$2.87	1d	18	1.43mi
1171 Baywood Dr Corona, CA	1.0–2.0	1.0–2.0	756	$2,716	$3.59	2d	18	1.46mi
2235 Treehouse Ln Corona, CA	1.0–2.0	1.0–2.0	886	$2,770	$3.12	1d	17	1.48mi
2215 Lakeside Pl Corona, CA	2.0–3.0	1.0–2.0	1043	$2,244	$2.15	2d	26	1.48mi

Listing history 38 events

1. 2026-06-18
   days on market $130,000 Active 28 DOM
2. 2026-06-17
   days on market $130,000 Active 27 DOM
3. 2026-06-16
   days on market $130,000 Active 26 DOM
4. 2026-06-15
   days on market $130,000 Active 25 DOM
5. 2026-06-13
   days on market $130,000 Active 23 DOM
6. 2026-06-13
   days on market $130,000 Active 22 DOM
7. 2026-06-09
   days on market $130,000 Active 19 DOM
8. 2026-06-08
   days on market $130,000 Active 18 DOM
9. 2026-06-07
   days on market $130,000 Active 17 DOM
10. 2026-06-04
    days on market $130,000 Active 14 DOM
11. 2026-06-03
    days on market $130,000 Active 13 DOM
12. 2026-06-02
    days on market $130,000 Active 12 DOM
13. 2026-06-01
    days on market $130,000 Active 11 DOM
14. 2026-05-31
    days on market $130,000 Active 10 DOM
15. 2026-05-21
    listed $130,000 Active
16. 2024-01-24
    historical
17. 2024-01-03
    status Active
18. 2024-01-03
    price $140,000
19. 2023-12-05
    price $150,000
20. 2023-10-30
    status Active
21. 2023-10-25
    status Pending Sale
22. 2023-10-12
    price $163,999
23. 2023-09-01
    price $174,999
24. 2023-07-19
    listed $185,000 Active
25. 2018-02-14
    soldstatus $43,000 Closed Sale 322-char remark

    Show marketing remark (322 chars)

    SPACIOUS 3 BEDROOM 2 BATH MOBILE HOME LOCATED IN DESIRABLE CORONA LA LINDA MOBILE HOME PARK COMMUNITY. OPEN FLOOR PLAN, SPACIOUS ROOMS. SEPARATE DINING AREA, LARGE LIVING ROOM. PRIVATE FENCE YARD FOR KIDS AND PETS. WELL MAINTAINED AND READY FOR IT'S NEW OWNERS TO MAKE IT THEIR OWN. GREAT LOCATION NEAR 15 FWY. AND 91 FWY.

26. 2018-01-23
    status Pending Sale 322-char remark

    Show marketing remark (322 chars)

    SPACIOUS 3 BEDROOM 2 BATH MOBILE HOME LOCATED IN DESIRABLE CORONA LA LINDA MOBILE HOME PARK COMMUNITY. OPEN FLOOR PLAN, SPACIOUS ROOMS. SEPARATE DINING AREA, LARGE LIVING ROOM. PRIVATE FENCE YARD FOR KIDS AND PETS. WELL MAINTAINED AND READY FOR IT'S NEW OWNERS TO MAKE IT THEIR OWN. GREAT LOCATION NEAR 15 FWY. AND 91 FWY.

27. 2018-01-04
    historical Active Under Contract 322-char remark

    Show marketing remark (322 chars)

    SPACIOUS 3 BEDROOM 2 BATH MOBILE HOME LOCATED IN DESIRABLE CORONA LA LINDA MOBILE HOME PARK COMMUNITY. OPEN FLOOR PLAN, SPACIOUS ROOMS. SEPARATE DINING AREA, LARGE LIVING ROOM. PRIVATE FENCE YARD FOR KIDS AND PETS. WELL MAINTAINED AND READY FOR IT'S NEW OWNERS TO MAKE IT THEIR OWN. GREAT LOCATION NEAR 15 FWY. AND 91 FWY.

28. 2017-11-18
    listed $45,000 Active 322-char remark

    Show marketing remark (322 chars)

    SPACIOUS 3 BEDROOM 2 BATH MOBILE HOME LOCATED IN DESIRABLE CORONA LA LINDA MOBILE HOME PARK COMMUNITY. OPEN FLOOR PLAN, SPACIOUS ROOMS. SEPARATE DINING AREA, LARGE LIVING ROOM. PRIVATE FENCE YARD FOR KIDS AND PETS. WELL MAINTAINED AND READY FOR IT'S NEW OWNERS TO MAKE IT THEIR OWN. GREAT LOCATION NEAR 15 FWY. AND 91 FWY.

29. 2011-08-28
    historical
30. 2011-06-13
    price $25,000
31. 2011-03-15
    price $29,000
32. 2011-02-28
    listed $32,000 Active
33. 2011-02-25
    historical
34. 2011-02-16
    price $32,000 Active
35. 2011-02-16
    status Active
36. 2011-01-27
    historical
37. 2010-10-21
    price $38,000
38. 2010-07-28
    listed $40,000 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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 7/10 Severe 7 d/yr ≥101°F today · 20 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 9/10 Extreme 19 unhealthy d/yr today · 23 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,143
• − Mortgage interest: −$7,282
• − Property taxes: −$1,950
• − Insurance: −$650
• − Repairs & maintenance: −$2,651
• − Management: −$2,651
• − Depreciation: −$3,782
• Taxable income: $14,177
• Est. tax owed @ 24.0%: −$3,402
• After-tax cash flow: $12,000/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: Corona-Norco Unified
• NCES district ID: 0609850
• Math proficiency: 46% ▲ 1.00%
• Reading proficiency: 61% ▬ 0.00%
• Median HH income: $83,380
• Composite: 50.72/100
• National rank: #3920
• State rank: #312 of 1400 in CA

Livability — Corona

• Score: 63/100
• State rank: #461
• US rank: #15787

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Corona, CA
• County: Riverside County · 2,287,001 people
• City population: 188,369
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 49,317
• Household income: $92,229
• Rent vs Own: 43.4% rent · 56.6% own
• Severe rent burden: 2058.0

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 0.58)
• Race & ethnicity: Hispanic / Latino 59% White 21% Two or more races 13% Asian 13% Black 5% Native American 2%
• Hispanic origin (detail): Mexican 50%
• Common ancestry: Italian 2% Romanian 1% Armenian 1%
• Foreign-born: 30% · Canada, Vietnam, China
• Languages at home: 43% English-only · Spanish 44% Tagalog/Filipino 2% Other Indo-European 2%

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: ▼ -395.32%
• Current HPI: 380.3129
• Rent YoY: ▲ 2.77%
• 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

+225.0% since first listed

24 events — show timeline

• 2026-05-21 Listed $130,000 CRMLS
• 2024-01-24 Listing Removed — CRMLS
• 2024-01-03 Relisted — CRMLS
• 2024-01-03 Price Changed $140,000 CRMLS
• 2023-12-05 Price Changed $150,000 CRMLS
• 2023-10-30 Relisted — CRMLS
• 2023-10-25 Pending — CRMLS
• 2023-10-12 Price Changed $163,999 CRMLS
• 2023-09-01 Price Changed $174,999 CRMLS
• 2023-07-19 Listed $185,000 CRMLS
• 2018-02-14 Sold (MLS) $43,000 CRMLS
• 2018-01-23 Pending — CRMLS
• 2018-01-04 Contingent — CRMLS
• 2017-11-18 Listed $45,000 CRMLS
• 2011-08-28 Listing Removed — CRMLS
• 2011-06-13 Price Changed $25,000 CRMLS
• 2011-03-15 Price Changed $29,000 CRMLS
• 2011-02-28 Listed $32,000 CRMLS
• 2011-02-25 Listing Removed — CRMLS
• 2011-02-16 Relisted — CRMLS
• 2011-02-16 Price Changed $32,000 CRMLS
• 2011-01-27 Listing Removed — CRMLS
• 2010-10-21 Price Changed $38,000 CRMLS
• 2010-07-28 Listed $40,000 CRMLS

Property tax history

-3.2%/yr

Latest (2025): $149 · +4.5% YoY. Source: county tax records.