1456 E Philadelphia St #368 · Ontario, CA 91761

$219,000

3 bd · 8.0 ba · 1,740 sqft · Manufactured public records · 41 Days on market

Built 1980 Est $150k · 46% over

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +3.7/10.0
• Livability +3.2/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful 2-bedroom 2 bath mobile home located in the exclusive Rancho Ontario. This home offers a big square footage layout; this home has a family room and a living room. This home has an enclosed porch and also offers a shed. Renovated amenities await you offering a heated pool and spa opened year-round, a hall to host any event, our clubhouse offers a billiards room, card table room, a fitness room as well as a gym or lounge area to just sit and relax. The Park also offers an active area with two pickleball courts, bocce ball and we didn't forget about your fur babies, two dog parks. Don't miss out on touring and calling it home.

Key facts

• Fitness center
• Dual-pane windows
• Bocce ball

Tags

• GOURMET KITCHEN
• ACCESSIBLE WALK-IN SHOWERS
• DUAL-PANE WINDOWS
• HEATED POOL
• FITNESS CENTER
• BOCCE BALL

Property features AI

Finance

• Other: Manager approval required for residency; Park name: Rancho Ontario; Directions: Off 60 Fwy Grove Exit - cross street Grove and Philadelphia
• Financial info: Land lease: $1,725 monthly (current)
• HOA & community: Senior community; Onsite property management; Clubhouse; Pool and heated spa (community/association); Common RV parking; Maintenance of grounds; Trash and sewer included in association services; Recreational multipurpose room; Billiard room; Card room and meeting room; Banquet facilities; Picnic area and outdoor cooking / barbecue area; Pickleball and bocce ball courts; Dog park; Street lighting; Pet rules; pets permitted; Call for rules

Exterior

• Parking: Carport with 3 spaces; RV access/parking; Guest parking
• Security: Smoke detector; Gated community; On-site/resident manager
• Utilities: Public sewer; District / public water; Water available; Natural gas available; Electricity available; Cable available
• Home design: Single-story; Front entry on level 1; Mobile home model: Highland Park (24' x 60'); Updated / remodeled condition; Mobile home remains on site
• Construction: Year built source: Assessor
• Exterior features: Awning; Shed (1)

Interior

• Kitchen: Energy Star appliances; Gas cooktop and gas oven; Self-cleaning oven; Range/stove hood with vented exhaust fan; Dishwasher; Refrigerator with ice maker and water line; Granite countertops
• Bedrooms: Walk-in closet
• Flooring: Vinyl flooring
• Bathrooms: Two full bathrooms; Double sinks in master bath
• Heating & cooling: Central furnace heating; Central air conditioning; Window/wall AC units; Energy Star cooling components
• Interior features: Crown moldings; Ceiling fan(s); Pantry; Recessed lighting; Open floor plan; Granite countertops; Double pane energy-efficient windows with blinds; Exhaust fan(s); Linen closet / storage; Remodeled; Walk-in shower; Dual / multiple shower heads; Shower; Converted bedroom; Formal entry; Office; Living room; Family room
• Laundry & utility: Indoor laundry room; Washer hookup; Gas dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/8.0-bath manufactured listed at $219k.

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 $219k).
• Recommended offer: $212k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.9% vs local median 2.7% in Ontario — 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 (#435 in CA) — a middle-class / working-renter tenant base. Strengths: commute A-, housing B+; Watch: schools F, cost of living F, health & safety F.
• Ontario-Montclair (urban): math 35% / reading 44% proficiency, ranked #731 of 1,400 in CA (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.4%/yr); 320 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 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 41% of the median local income ($101k/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 $2k of loan paydown is wiped out by about $7k 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 + 2.4% rent growth), your $61k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($212k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y 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 $75k; list at $219k implies a 192% gain — meaningful room to come down on a strong offer.

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 $212,430 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 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 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?
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: 1.57% ✓
• Cap rate: 12.93%
• Cash-on-cash: 23.71%
• DSCR: 2.05
• GRM: 5.3

CMA / ARV

• ARV (on-the-fly): $149,640
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1456 E Philadelphia St Spc 320	0.00mi	3/2.0	1,740 (0%)	14mo	$195,000	$112	69
1456 E Philadelphia #372	0.00mi	3/2.0	1,600 (-8%)	2mo	$96,000	$60	65
1456 E Philadelphia St Spc 344	0.00mi	3/2.0	1,670 (-4%)	12mo	$140,000	$84	63
1456 E Philadelphia St Spc 424	0.00mi	3/2.0	1,536 (-12%)	2mo	$80,000	$52	59
1456 E Philadelphia St Spc 286	0.00mi	2/2.0 (-1)	1,830 (+5%)	18mo	$160,000	$87	56
1456 E Philadelphia #24	0.00mi	2/2.0 (-1)	1,536 (-12%)	5mo	$130,000	$85	56
1456 E Philadelphia St #150	0.00mi	2/2.0 (-1)	1,840 (+6%)	18mo	$158,800	$86	55
1456 E PHILADELPHIA St #431	0.00mi	3/2.0	1,617 (-7%)	16mo	$148,000	$92	55
1456 E Philadelphia St #101	0.00mi	3/2.0	1,602 (-8%)	15mo	$186,000	$116	54
1456 E Philadelphia St Spc 444	0.00mi	3/2.0	1,560 (-10%)	11mo	$150,000	$96	54
1456 E Philadelphia St Spc 70	0.00mi	2/2.0 (-1)	1,536 (-12%)	19mo	$120,000	$78	45
1456 E Philadelphia St #230	0.00mi	3/2.0	1,495 (-14%)	15mo	$120,000	$80	44

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 · 2.39% rent growth · sell at horizon

5-year hold

• IRR: 16.2%
• Equity multiple: 1.65×
• Total profit: $39,614
• Equity at exit: $32,654

10-year hold

• IRR: 24.3%
• Equity multiple: 3.05×
• Total profit: $125,525
• Equity at exit: $18,935

Cash invested: $61,320 (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 91761

• Rents YoY: 2.4%
• Active inventory: 320
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $3,449 high
• Mortgage (P&I): −$1,148
• Tax est. 1.5%: −$274 /mo · $3,285/yr
• Insurance: −$91
• HOA: −$0
• Vacancy / Maint / Mgmt: −$724
• Net cashflow: $1,211

Break-even live

Break-even rent $1,916

Max offer price $219,000

Occupancy floor 60%

Sensitivity live

Price	-10% $1,363	-5% $1,287	+0% $1,211	+5% $1,136	+10% $1,060
Rent	-10% $939	-5% $1,075	+0% $1,211	+5% $1,348	+10% $1,484
Rate	-1.0pp $1,322	-0.5pp $1,267	base $1,211	+0.5pp $1,155	+1.0pp $1,097

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: $54,750
• Closing costs: $6,570
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1110 E Philadelphia St Ontario, CA	1.0–2.0	1.0–2.0	904	$3,207	$3.55	0d	13	0.47mi
2632 S Augusta Ave Ontario, CA	4.0	2.5	1983	$4,500	$2.27	45d	1	0.58mi
2432 S Garfield Pl Ontario, CA	3.0	2.0	1118	$3,150	$2.82	0d	1	0.66mi
2631 S Cucamonga Ave Ontario, CA	3.0	2.5	1726	$3,400	$1.97	45d	1	0.71mi
2815 S Augusta Ave Ontario, CA	4.0	2.0	1524	$3,600	$2.36	0d	1	0.77mi
2042 S Bon View Ave Unit C Ontario, CA	2.0	2.5	1364	$2,700	$1.98	0d	1	0.85mi
2714 S Pebble Beach Ct Ontario, CA	4.0	2.0	1318	$3,500	$2.66	0d	1	1.09mi
629 E Madeleine Privado Ontario, CA	3.0	2.5	1465	$3,350	$2.29	45d	1	1.29mi
629 E Madeleine Privado Ontario, CA	3.0	2.5	1465	$3,250	$2.22	23d	1	1.29mi
2057 S Cherry Ave Ontario, CA	4.0	2.0	1236	$3,500	$2.83	0d	1	1.36mi

Listing history 23 events

1. 2026-06-21
   days on market $219,000 Active 41 DOM
2. 2026-06-18
   days on market $219,000 Active 38 DOM
3. 2026-06-17
   days on market $219,000 Active 37 DOM
4. 2026-06-16
   days on market $219,000 Active 36 DOM
5. 2026-06-15
   days on market $219,000 Active 35 DOM
6. 2026-06-13
   days on market $219,000 Active 33 DOM
7. 2026-06-13
   pricedays on market $219,000 Active 32 DOM
8. 2026-06-09
   days on market $225,000 Active 29 DOM
9. 2026-06-08
   days on market $225,000 Active 28 DOM
10. 2026-06-07
    days on market $225,000 Active 27 DOM
11. 2026-06-04
    days on market $225,000 Active 24 DOM
12. 2026-06-03
    days on market $225,000 Active 23 DOM
13. 2026-06-02
    days on market $225,000 Active 22 DOM
14. 2026-06-01
    days on market $225,000 Active 21 DOM
15. 2026-05-31
    days on market $225,000 Active 20 DOM
16. 2026-05-11
    listed $225,000 Active
17. 2025-12-10
    soldstatus $75,000 Closed Sale 641-char remark

    Show marketing remark (641 chars)

    Beautiful 2-bedroom 2 bath mobile home located in the exclusive Rancho Ontario. This home offers a big square footage layout; this home has a family room and a living room. This home has an enclosed porch and also offers a shed. Renovated amenities await you offering a heated pool and spa opened year-round, a hall to host any event, our clubhouse offers a billiards room, card table room, a fitness room as well as a gym or lounge area to just sit and relax. The Park also offers an active area with two pickleball courts, bocce ball and we didn't forget about your fur babies, two dog parks. Don't miss out on touring and calling it home.

18. 2025-11-20
    status Pending Sale 641-char remark

    Show marketing remark (641 chars)

    Beautiful 2-bedroom 2 bath mobile home located in the exclusive Rancho Ontario. This home offers a big square footage layout; this home has a family room and a living room. This home has an enclosed porch and also offers a shed. Renovated amenities await you offering a heated pool and spa opened year-round, a hall to host any event, our clubhouse offers a billiards room, card table room, a fitness room as well as a gym or lounge area to just sit and relax. The Park also offers an active area with two pickleball courts, bocce ball and we didn't forget about your fur babies, two dog parks. Don't miss out on touring and calling it home.

19. 2025-08-01
    listed $110,000 Active 641-char remark

    Show marketing remark (641 chars)

    Beautiful 2-bedroom 2 bath mobile home located in the exclusive Rancho Ontario. This home offers a big square footage layout; this home has a family room and a living room. This home has an enclosed porch and also offers a shed. Renovated amenities await you offering a heated pool and spa opened year-round, a hall to host any event, our clubhouse offers a billiards room, card table room, a fitness room as well as a gym or lounge area to just sit and relax. The Park also offers an active area with two pickleball courts, bocce ball and we didn't forget about your fur babies, two dog parks. Don't miss out on touring and calling it home.

20. 2025-04-30
    historical
21. 2025-04-09
    status Active
22. 2025-04-01
    status Pending Sale
23. 2024-10-10
    listed $135,000 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 4/10 Moderate FEMA zone X · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥100°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 9/10 Extreme 23 unhealthy d/yr today · 26 by 30 yrs out

Taxation est. · year 1

• Rental income: $41,390
• − Mortgage interest: −$12,267
• − Property taxes: −$3,285
• − Insurance: −$1,095
• − Repairs & maintenance: −$3,311
• − Management: −$3,311
• − Depreciation: −$6,371
• Taxable income: $11,749
• Est. tax owed @ 24.0%: −$2,820
• After-tax cash flow: $11,717/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: Ontario-Montclair
• NCES district ID: 0628470
• Math proficiency: 35% ▲ 4.00%
• Reading proficiency: 44% ▲ 2.00%
• Median HH income: $50,668
• Composite: 36.57/100
• National rank: #9282
• State rank: #731 of 1400 in CA

Livability — Ontario

• Score: 63/100
• State rank: #435
• US rank: #14949

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ontario, CA
• County: San Bernardino County · 2,030,291 people
• City population: 183,440
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 62,935
• Household income: $100,578
• Rent vs Own: 30.7% rent · 69.3% own
• Severe rent burden: 1853.0

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 (66%)
• Race & ethnicity: Hispanic / Latino 66% Two or more races 23% White 15% Asian 9% Black 6% Native American 2%
• Hispanic origin (detail): Mexican 59%
• Common ancestry: Iranian 1% Lithuanian 1% Italian 1%
• Foreign-born: 24% · Canada, China, Vietnam
• Languages at home: 51% English-only · Spanish 41% Chinese 3% Tagalog/Filipino 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: ▼ -374.91%
• Current HPI: 400.5674
• Rent YoY: ▲ 2.39%
• 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

+66.7% since first listed

8 events — show timeline

• 2026-05-11 Listed $225,000 CRMLS
• 2025-12-10 Sold (MLS) $75,000 CRMLS
• 2025-11-20 Pending — CRMLS
• 2025-08-01 Listed $110,000 CRMLS
• 2025-04-30 Listing Removed — CRMLS
• 2025-04-09 Relisted — CRMLS
• 2025-04-01 Pending — CRMLS
• 2024-10-10 Listed $135,000 CRMLS

Property tax history

+0.1%/yr

Latest (2025): $294 · +0.3% YoY. Source: county tax records.