1919 W Coronet #128 · Anaheim, CA 92801

$288,000

3 bd · 2.0 ba · 1,800 sqft · Manufactured · 99 Days on market

Built 1979 Fair condition 9.55 ac lot Est $313k · 8% under ↓ 3% 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 +11.1/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +3.8/5.0
• Livability +3.5/5.0
• Schools +2.3/10.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Best location with one of the largest lots in the prestigious Anaheim Shores Estates! This home offers rare parking for 4–6 cars and is ideally situated across from the parking island with mature trees, creating a pleasant and open setting. 2bed/2bath + Office/Den Anaheim Shores Estates is a desirable family park featuring expansive greenbelts and wider streets. Residents enjoy beautifully maintained clubhouse amenities including a pool, spa, clubhouse with kitchen, card room, billiard room, multipurpose room, BBQ area, and covered picnic area. Inside, the home features a spacious primary suite with a large walk-in closet and an ensuite bathroom with a soaking tub and separate show

Key facts

• Spa
• Expansive greenbelts
• Clubhouse amenities

Tags

• RARE PARKING FOR 4-6 CARS
• MATURE TREES
• EXPANSIVE GREENBELTS
• CLUBHOUSE AMENITIES
• POOL
• SPA

Property features AI

Finance

• Other: Located in Anaheim Shore mobile home park
• HOA & community: Land lease community (land lease amount applies); Community amenities include pool and spa

Exterior

• Parking: Three covered carport spaces; Two additional uncovered parking spaces (five total)
• Security: Carbon monoxide detector(s); Smoke detector(s)
• Utilities: Public sewer; District/public water; Natural gas connected; Electricity connected
• Home design: One-story home; Entry at ground level
• Construction: Raised foundation with pier jacks; Mobile home (13' x 60') — mobile home remains; Year built per assessor
• Exterior features: Covered patio; Community heated pool; Landscaped yard; Garden area; Backyard; Greenbelt; Lawn; Located on a cul-de-sac; Street lighting in community

Interior

• Kitchen: Gas cooktop; Gas range and gas oven; Dishwasher; Garbage disposal; Vented exhaust fan; On-demand/individual water heater unit
• Bedrooms: All bedrooms on the main level; Walk-in closet
• Flooring: Vinyl flooring; Carpet
• Bathrooms: Two full bathrooms; Separate tub and shower; Walk-in shower; Bathtub
• Heating & cooling: Central heating (furnace); Central cooling
• Interior features: Built-in shelving/cabinets; Open floor plan; Cathedral/vaulted ceilings; Carbon monoxide and smoke detectors; Community spa access
• Laundry & utility: Laundry room (individual room)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $288k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $2k ($23k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $288k).
• Recommended offer: $262k (9.0% below list) — sets the bar for market timing.
• Cap rate 14.4% vs local median 2.2% in Anaheim — 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 (#240 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: health & safety C-, crime F, cost of living F.
• Anaheim Elementary (urban): math 25% / reading 25% proficiency, ranked #386 of 517 in CA (top 75%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.1%/yr); 72 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 6,974 units permitted in Orange County in 2024 (3,839 in 5+ unit buildings).
• At $4,996/mo this rent would consume 72% of the median local household income ($84k/yr) (locally 3604% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Orange County population projected at +14% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 5.1% rent growth), your $81k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 99 days — a 9% lower offer ($262k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $262,080 (9.0% below list)

Questions for the listing agent

1. It's been on market 99 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is F 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: 1.73% ✓
• Cap rate: 14.44%
• Cash-on-cash: 29.11%
• DSCR: 2.30
• GRM: 4.8

CMA / ARV

• ARV (on-the-fly): $313,200
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1919 W Coronet Ave #164	0.00mi	3/2.0	1,800 (0%)	6mo	$306,000	$170	95
1919 W Coronet Ave #190	0.00mi	2/2.0 (-1)	1,840 (+2%)	1mo	$262,500	$143	90
1919 W Coronet Ave #221	0.00mi	2/2.0 (-1)	1,840 (+2%)	6mo	$290,000	$158	86
1919 W Coronet #192	0.00mi	2/2.0 (-1)	1,700 (-6%)	0mo	$299,800	$176	86
1919 W Coronet Ave #214	0.00mi	3/2.0	1,680 (-7%)	4mo	$329,900	$196	86
1919 W Coronet Ave W #208	0.00mi	3/2.5	1,896 (+5%)	7mo	$269,000	$142	83
1919 W Coronet Ave #224	0.00mi	2/2.0 (-1)	1,900 (+6%)	8mo	$280,000	$147	79
1919 W Coronet #62	0.00mi	2/2.0 (-1)	1,710 (-5%)	11mo	$320,000	$187	78
1919 Coronet Ave W #112	0.00mi	3/2.0	1,680 (-7%)	15mo	$315,000	$188	76
1919 Coronet Ave Spc155	0.00mi	2/2.0 (-1)	1,710 (-5%)	13mo	$310,000	$181	76
1919 W Coronet Ave #1	0.00mi	3/2.0	2,040 (+13%)	6mo	$350,000	$172	72
1919 W Coronet #79	0.00mi	2/2.0 (-1)	1,560 (-13%)	2mo	$271,500	$174	71

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 · 5.13% rent growth · sell at horizon

5-year hold

• IRR: 25.9%
• Equity multiple: 2.10×
• Total profit: $88,930
• Equity at exit: $42,942

10-year hold

• IRR: 34.9%
• Equity multiple: 4.53×
• Total profit: $285,038
• Equity at exit: $24,901

Cash invested: $80,640 (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 92801

• Rents YoY: 5.1%
• Active inventory: 72
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $4,996 high
• Mortgage (P&I): −$1,510
• Tax est. 1.5%: −$360 /mo · $4,320/yr
• Insurance: −$120
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,049
• Net cashflow: $1,956

Break-even live

Break-even rent $2,519

Max offer price $288,000

Occupancy floor 56%

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: $72,000
• Closing costs: $8,640
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1406 W Roberta Ave Fullerton, CA	3.0	2.5	1750	$8,250	$4.71	22d	1	0.13mi
1636 W Maxzim Ave Fullerton, CA	4.0	2.0	1792	$4,295	$2.40	7d	1	0.37mi
1124 W Woodcrest Ave Fullerton, CA	3.0	2.0	1476	$4,500	$3.05	1d	1	0.41mi
1612 W Hill Ave Fullerton, CA	3.0	2.0	1453	$3,500	$2.41	24d	1	0.56mi
1138 N Euclid St Anaheim, CA	3.0	2.5	1492	$3,750	$2.51	24d	1	0.63mi
912 W Hill Ave Fullerton, CA	4.0	3.0	1644	$4,500	$2.74	17d	1	0.72mi
1211 N Siesta St Anaheim, CA	4.0	2.0	1578	$3,650	$2.31	1d	1	0.74mi
1964 Glenoaks Ave Anaheim, CA	4.0	2.5	1440	$3,575	$2.48	15d	1	0.75mi
686 S Euclid St Fullerton, CA	4.0	3.5	1855	$4,295	$2.32	1d	1	0.84mi
1442 W Valencia Dr Fullerton, CA	3.0	2.0	1761	$3,750	$2.13	3d	1	0.85mi
1024 W Romneya Dr Anaheim, CA	2.0–3.0	2.0	1241	$4,795	$3.86	1d	10	1.09mi
600 W Commonwealth Ave Fullerton, CA	3.0	1.0–2.0	1002	$4,564	$4.55	1d	18	1.36mi
1419 W Janeen Way Anaheim, CA	4.0	2.0	1932	$4,760	$2.46	19d	1	1.36mi
2600 W Picadilly Way Anaheim, CA	4.0	3.5	2532	$5,300	$2.09	1d	1	1.40mi
830 N Modena St Anaheim, CA	4.0	3.0	1850	$5,200	$2.81	15d	1	1.41mi
1096 N Ivory Palm Ln Anaheim, CA	3.0	2.5	1406	$4,200	$2.99	1d	1	1.45mi
527 W Victor Ave Anaheim, CA	3.0	3.0	1420	$13,200	$9.30	1d	1	1.46mi

Listing history 18 events

1. 2026-06-18
   days on market $288,000 Active 99 DOM
2. 2026-06-17
   days on market $288,000 Active 98 DOM
3. 2026-06-16
   days on market $288,000 Active 97 DOM
4. 2026-06-15
   days on market $288,000 Active 96 DOM
5. 2026-06-13
   days on market $288,000 Active 94 DOM
6. 2026-06-13
   days on market $288,000 Active 93 DOM
7. 2026-06-09
   days on market $288,000 Active 90 DOM
8. 2026-06-08
   days on market $288,000 Active 89 DOM
9. 2026-06-07
   days on market $288,000 Active 88 DOM
10. 2026-06-04
    pricestatusdays on market $288,000 Active 85 DOM
11. 2026-06-03
    days on market $279,900 Active Under Contract 84 DOM
12. 2026-06-02
    days on market $279,900 Active Under Contract 83 DOM
13. 2026-06-01
    days on market $279,900 Active Under Contract 82 DOM
14. 2026-05-31
    days on market $279,900 Active Under Contract 81 DOM
15. 2026-04-16
    historical Active Under Contract
16. 2026-04-13
    price $279,900
17. 2026-04-02
    price $279,000
18. 2026-03-11
    listed $289,000 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 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥91°F today · 23 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 9 by 30 yrs out

Taxation est. · year 1

• Rental income: $59,946
• − Mortgage interest: −$16,132
• − Property taxes: −$4,320
• − Insurance: −$1,440
• − Repairs & maintenance: −$4,796
• − Management: −$4,796
• − Depreciation: −$8,378
• Taxable income: $20,084
• Est. tax owed @ 24.0%: −$4,820
• After-tax cash flow: $18,654/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 · 14 photos

Fair 45/100 Moderate rehab

This manufactured home requires significant repairs and maintenance, including new siding, paint, flooring, HVAC system, and landscaping. These updates will significantly increase its resale and rental value.

Repairs flagged

• Major siding — Severe weathering and peeling paint
• Major roof — Aged appearance and need for inspection
• Major flooring — Worn-out and in need of replacement
• Major HVAC system — Older system with visible condensers
• Major landscaping — Overgrown and in need of maintenance

Value-add opportunities

• Resale New siding and paint — Fresh exterior will attract more buyers
• Resale New flooring — Fresh flooring will improve the home's appearance and functionality
• Both New HVAC system — A new HVAC system will improve comfort and energy efficiency
• Both Landscaping — A well-maintained landscape will improve curb appeal and attract more renters

Renovation cost estimate screening

Repair item	Severity	Est. cost
siding · Severe weathering and peeling paint	Major	$15,000–50,000
roof · Aged appearance and need for inspection	Major	$15,000–50,000
flooring · Worn-out and in need of replacement	Major	$15,000–50,000
HVAC system · Older system with visible condensers	Major	$15,000–50,000
landscaping · Overgrown and in need of maintenance	Major	$15,000–50,000
Total estimated repair cost · 5 items		$75,000–250,000

Value-add ROI direction

• Resale New siding and paint — Fresh exterior will attract more buyers ↑
• Resale New flooring — Fresh flooring will improve the home's appearance and functionality ↑
• Both New HVAC system — A new HVAC system will improve comfort and energy efficiency ↑
• Both Landscaping — A well-maintained landscape will improve curb appeal and attract more 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: Anaheim Elementary
• NCES district ID: 0602610
• Math proficiency: 25% ▼ -3.00%
• Reading proficiency: 25% ▼ -9.00%
• Median HH income: $55,235
• Composite: 22.56/100
• National rank: #8078
• State rank: #386 of 517 in CA

Livability — Anaheim

• Score: 70/100
• State rank: #240
• US rank: #7861

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Anaheim, CA
• County: Orange County · 3,096,323 people
• City population: 361,715
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 60,547
• Household income: $83,725
• Rent vs Own: 63.0% rent · 37.0% own
• Severe rent burden: 3604.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 3,477,456 people
• By 2030: 3,613,117 · +3.9%
• By 2040: 3,835,945 · +10.3%
• By 2050: 3,968,736 · +14.1%
• By 2075: 4,097,053 · +17.8%
• By 2100: 3,903,633 · +12.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: Hispanic / Latino 59% Two or more races 19% Asian 19% White 16% Black 4%
• Hispanic origin (detail): Mexican 50%
• Common ancestry: Russian 1% Lithuanian 1%
• Foreign-born: 41% · Canada, Vietnam, South Korea
• Languages at home: 30% English-only · Spanish 48% Tagalog/Filipino 5% Vietnamese 5%

Political lean MEDSL · Orange

• 2024 margin: Toss-up / Even · D 49.7% · R 47.1% · Other 3.2%
• 2008→2024 swing: +5.2pp toward D · 2008: -2.6pp · 2024: 2.6pp
• All cycles: 2024: D+2.6 2020: D+9.0 2016: D+7.7 2012: R+8.3 2008: R+2.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -723.92%
• Current HPI: 446.9118
• Rent YoY: ▲ 5.13%
• Metro: Los Angeles-Long Beach-Anaheim, 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

-3.1% since first listed

4 events — show timeline

• 2026-04-16 Contingent — CRMLS
• 2026-04-13 Price Changed $279,900 CRMLS
• 2026-04-02 Price Changed $279,000 CRMLS
• 2026-03-11 Listed $289,000 CRMLS