17333 Valley Unit 36E · Fontana, CA 92335

$140,000

2 bd · 2.0 ba · 1,000 sqft · Manufactured · 73 Days on market

Built 1978 Fair condition $140/sqft · 6% above area Est $132k · 6% over

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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 +4.7/15.0
• Livability +3.2/5.0
• Rent growth +3.1/5.0
• Schools +2.4/10.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

WELCOME TO THE SIERRA MOBILE EAST LLC PARK. Where you will find this beautiful & Cozy Mobilhome with big rooms and a big living room 2 bedrooms with closets and 2 bathrooms with their own showers The laundry room is inside, and there is a parking space for 2 cars.

Key facts

• Community pool
• Built 1978
• Listed 73 days

What this means for you Summary

Snapshot

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

Deal economics

• At list price, monthly cash flow is $816 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $132k (6.0% below list) — sets the bar for market timing.
• Cap rate 13.3% vs local median 3.2% in Fontana — 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 64/100 on livability (#415 in CA) — a middle-class / working-renter tenant base. Strengths: housing A+, commute A-, employment A-; Watch: schools F, amenities F, cost of living F.
• Colton Joint Unified (suburban): math 16% / reading 38% proficiency, ranked #373 of 517 in CA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.3%/yr); 115 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).
• This rent runs 35% of the median local income ($78k/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 $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• San Bernardino County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 2.3% rent growth), your $39k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 73 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/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 73 days. Have you received any prior offers? Is the seller open to a 6% 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 1978 — 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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.61% ✓
• Cap rate: 13.28%
• Cash-on-cash: 24.96%
• DSCR: 2.11
• GRM: 5.2

CMA / ARV

• ARV (median comp): $131,821
• List price: $140,000
• Delta: 6.20%
• Verdict: FAIR
• Comps: 5 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17225 Valley Blvd Unit 45W	0.08mi	3/2.0 (+1)	960 (-4%)	15mo	$122,000	$127	72
17377 Valley Blvd #46	0.13mi	2/2.0	1,050 (+5%)	23mo	$180,000	$171	66
17455 Marygold Ave #39	0.32mi	2/2.0	1,056 (+6%)	17mo	$105,000	$99	61
16860 Slover Ave #19	0.67mi	2/2.0	1,056 (+6%)	6mo	$133,800	$127	55
17455 Marygold Ave #38	0.40mi	2/2.0	1,120 (+12%)	9mo	$150,000	$134	53

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 · 2.34% rent growth · sell at horizon

5-year hold

• IRR: 17.7%
• Equity multiple: 1.71×
• Total profit: $27,799
• Equity at exit: $20,874

10-year hold

• IRR: 25.7%
• Equity multiple: 3.17×
• Total profit: $85,197
• 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 92335

• Rents YoY: 2.3%
• Active inventory: 115
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $2,257 high
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,100/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$474
• Net cashflow: $816

Break-even live

Break-even rent $1,225

Max offer price $140,000

Occupancy floor 59%

Sensitivity live

Price	-10% $912	-5% $864	+0% $816	+5% $767	+10% $719
Rent	-10% $637	-5% $726	+0% $816	+5% $905	+10% $994
Rate	-1.0pp $886	-0.5pp $851	base $816	+0.5pp $779	+1.0pp $742

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 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16970 Marygold Ave Fontana, CA	2.0	2.0	1045	$2,275	$2.18	21d	2	0.61mi
16770 San Bernardino Ave Unit 19B Fontana, CA	2.0	1.5	968	$2,350	$2.43	44d	1	0.98mi
16770 San Bernardino Ave Fontana, CA	2.0	1.5	968	$2,275	$2.35	24d	2	0.98mi
18181 Valley Blvd Bloomington, CA	2.0	1.5	814	$1,960	$2.41	44d	2	1.10mi
16816 Fontlee Ln Fontana, CA	2.0	1.0	858	$2,200	$2.56	19d	1	1.18mi
9281 Pepper Ave Unit 04 Fontana, CA	2.0	1.0	850	$1,800	$2.12	24d	1	1.41mi

Listing history 15 events

1. 2026-06-18
   days on market $140,000 Active 73 DOM
2. 2026-06-17
   days on market $140,000 Active 72 DOM
3. 2026-06-16
   days on market $140,000 Active 71 DOM
4. 2026-06-15
   days on market $140,000 Active 70 DOM
5. 2026-06-13
   days on market $140,000 Active 68 DOM
6. 2026-06-13
   days on market $140,000 Active 67 DOM
7. 2026-06-09
   days on market $140,000 Active 64 DOM
8. 2026-06-08
   days on market $140,000 Active 63 DOM
9. 2026-06-07
   days on market $140,000 Active 62 DOM
10. 2026-06-04
    days on market $140,000 Active 59 DOM
11. 2026-06-03
    days on market $140,000 Active 58 DOM
12. 2026-06-02
    days on market $140,000 Active 57 DOM
13. 2026-06-01
    days on market $140,000 Active 56 DOM
14. 2026-05-31
    days on market $140,000 Active 55 DOM
15. 2026-04-06
    listed $140,000 Active 274-char remark

    Show marketing remark (274 chars)

    WELCOME TO THE SIERRA MOBILE EAST LLC PARK. Where you will find this beautiful & Cozy Mobilhome with big rooms and a big living room 2 bedrooms with closets and 2 bathrooms with their own showers The laundry room is inside, and there is a parking space for 2 cars.

ⓘ 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 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥103°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 27 unhealthy d/yr today · 32 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,084
• − Mortgage interest: −$7,842
• − Property taxes: −$2,100
• − Insurance: −$700
• − Repairs & maintenance: −$2,167
• − Management: −$2,167
• − Depreciation: −$4,073
• Taxable income: $8,035
• Est. tax owed @ 24.0%: −$1,929
• After-tax cash flow: $7,858/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 · 6 photos

Fair 45/100 Moderate rehab

This manufactured home requires moderate renovations, including painting, landscaping, and updating appliances, to improve its condition and value.

Repairs flagged

• Major Appliances — Old and worn
• Major Exterior siding — Weathered
• Major Paint — Chipped and faded
• Major Landscaping — Unkempt

Value-add opportunities

• Both Painting — Enhances curb appeal and interior aesthetics
• Both Landscaping — Improves curb appeal and enhances property value
• Both Appliances — Modernizes the home and attracts potential buyers

Renovation cost estimate screening

Repair item	Severity	Est. cost
Appliances · Old and worn	Major	$15,000–50,000
Exterior siding · Weathered	Major	$15,000–50,000
Paint · Chipped and faded	Major	$15,000–50,000
Landscaping · Unkempt	Major	$15,000–50,000
Total estimated repair cost · 4 items		$60,000–200,000

Value-add ROI direction

• Both Painting — Enhances curb appeal and interior aesthetics ↑
• Both Landscaping — Improves curb appeal and enhances property value ↑
• Both Appliances — Modernizes the home and attracts 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: Colton Joint Unified
• NCES district ID: 0609390
• Math proficiency: 16% ▼ -9.00%
• Reading proficiency: 38% ▼ -1.00%
• Median HH income: $51,178
• Composite: 23.74/100
• National rank: #7820
• State rank: #373 of 517 in CA

Livability — Fontana

• Score: 64/100
• State rank: #415
• US rank: #14177

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fontana, CA
• County: San Bernardino County · 2,030,291 people
• City population: 203,028
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 97,511
• Household income: $77,949
• Rent vs Own: 51.8% rent · 48.2% own
• Severe rent burden: 3437.0

Population outlook (San Bernardino County) Hauer SSP2

• Today (2025): 2,300,329 people
• By 2030: 2,378,907 · +3.4%
• By 2040: 2,523,137 · +9.7%
• By 2050: 2,642,388 · +14.9%
• By 2075: 2,880,769 · +25.2%
• By 2100: 2,909,436 · +26.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (84%)
• Race & ethnicity: Hispanic / Latino 84% Two or more races 13% White 8% Black 4% Asian 2% Native American 2%
• Hispanic origin (detail): Mexican 74%
• Common ancestry: Italian 1%
• Foreign-born: 34% · Canada, Vietnam
• Languages at home: 27% English-only · Spanish 69% Arabic 1%

Political lean MEDSL · San Bernardino

• 2024 margin: Toss-up / Even · D 47.5% · R 49.7% · Other 2.8%
• 2008→2024 swing: -8.5pp toward R · 2008: 6.3pp · 2024: -2.1pp
• All cycles: 2024: R+2.1 2020: D+10.7 2016: D+9.8 2012: D+5.4 2008: D+6.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -804.67%
• Current HPI: 507.5862
• Rent YoY: ▲ 2.34%
• 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

1 event — show timeline

• 2026-04-06 Listed $140,000 CRMLS