32490 Scandia Dr · Running Springs, CA 92382

$352,000

3 bd · 3.0 ba · 1,323 sqft · SingleFamily public records · 74 Days on market

Built 1977 7,840 sqft lot $266/sqft · 23% below area Est $455k · 23% under

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Why this score? — see what drove the D 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).

• ARV discount +15.0/15.0
• Cash flow +10.8/30.0
• Livability +3.3/5.0
• DSCR +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Price Improvement and easy to show. This charming 3-bedroom, 2.5-bath mountain home offers warm, inviting living spaces and an expansive deck ideal for relaxing, entertaining, or enjoying the fresh mountain air. Perfect as a full-time residence or weekend retreat. Call for details.

Key facts

• Mountain home
• Expansive deck
• 7,840 sq ft lot

Tags

• MOUNTAIN HOME
• EXPANSIVE DECK

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $352k.

Deal economics

• At list price, monthly cash flow is $-161 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $324k (8.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $256k (27.4% below list).
• Recommended offer: $256k (27.4% below list) — sets the bar for 1% rule.
• Cap rate 5.7% vs local median 3.9% in Running Springs — 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 66/100 on livability (#333 in CA) — a middle-class / working-renter tenant base. Strengths: housing A+, employment A-; Watch: crime C-, amenities F, cost of living F.
• Rim Of The World Unified (town): math 13% / reading 34% proficiency, ranked #415 of 517 in CA (top 80%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Charles Hoffman Elementary (295 students, 54% FRL); Mary P. Henck Intermediate (math 13% / reading 36%, grade F, #277 of 498 statewide, top 73%, 585 students, 61% FRL); Rim of The World Senior High (math 12% / reading 32%, grade F, #950 of 1,170 statewide, top 82%, 917 students, 52% FRL).
• Market conditions: 182 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 5,458 units permitted in San Bernardino County in 2024 (1,500 in 5+ unit buildings).
• This rent runs 38% of the median local income ($81k/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 $11k 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.

Negotiation context

• It's been on market 74 days — a 6% lower offer ($331k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 21y 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.

Risks & watch-outs

• Climate carrying-cost: severe wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $255,609 (27.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 74 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
3. Built in 1977 — 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 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.73% ✗
• Cap rate: 5.75%
• Cash-on-cash: -1.96%
• DSCR: 0.91
• GRM: 11.5

CMA / ARV

• ARV (median comp): $454,942
• List price: $352,000
• Delta: -22.63%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
32538 Scandia Dr	0.09mi	3/1.5	1,263 (-4%)	6mo	$360,000	$285	77
32220 Mohan Way	0.33mi	3/2.0	1,220 (-8%)	5mo	$300,000	$246	63
2685 Valhalla Dr	0.11mi	3/1.5	1,188 (-10%)	10mo	$359,000	$302	63
32909 Rim Of The World	0.64mi	2/2.0 (-1)	1,324 (+0%)	2mo	$105,000	$79	59
32796 Lupine	0.47mi	3/2.0	1,200 (-9%)	3mo	$284,800	$237	56
2340 Hunsaker Dr	0.66mi	3/2.0	1,350 (+2%)	9mo	$355,000	$263	54
32784 Richmond Dr	0.61mi	3/2.5	1,224 (-8%)	5mo	$334,000	$273	53
32765 Cougar	0.47mi	3/1.0	1,200 (-9%)	5mo	$333,000	$278	50
2455 Elko Dr	0.69mi	2/2.0 (-1)	1,443 (+9%)	1mo	$310,000	$215	43
2462 Spring Dr	0.69mi	3/1.0	1,208 (-9%)	7mo	$220,000	$182	40
32799 Badger	0.66mi	3/2.0	1,152 (-13%)	9mo	$330,000	$286	36
32745 Badger Ln	0.58mi	2/2.0 (-1)	1,493 (+13%)	14mo	$215,000	$144	31

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -19.6%
• Equity multiple: 0.32×
• Total profit: $-67,386
• Equity at exit: $52,484

10-year hold

• IRR: -12.5%
• Equity multiple: 0.27×
• Total profit: $-72,327
• Equity at exit: $30,435

Cash invested: $98,560 (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 92382

• Active inventory: 182
• Price-to-rent: 11.5×

Monthly cashflow live

• Estimated rent: $2,556 high
• Mortgage (P&I): −$1,846
• Tax from tax record: −$187 /mo · $2,248/yr
• Insurance: −$147
• HOA: −$0
• Vacancy / Maint / Mgmt: −$537
• Net cashflow: $-161

Break-even live

Break-even rent $2,759

Max offer price $323,624

Occupancy floor —

Sensitivity live

Price	-10% $39	-5% $-61	+0% $-161	+5% $-260	+10% $-360
Rent	-10% $-363	-5% $-262	+0% $-161	+5% $-60	+10% $41
Rate	-1.0pp $17	-0.5pp $-71	base $-161	+0.5pp $-252	+1.0pp $-345

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: $88,000
• Closing costs: $10,560
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
32415 Scandia Dr Running Springs, CA	3.0	3.0	1664	$2,650	$1.59	45d	1	0.07mi
2560 Oak Dr Running Springs, CA	3.0	2.0	1218	$2,400	$1.97	13d	1	0.52mi
2472 Deep Creek Dr Running Springs, CA	4.0	2.0	1008	$2,750	$2.73	26d	1	0.61mi
31938 Encina Way Running Springs, CA	3.0	2.0	1320	$2,650	$2.01	45d	1	0.77mi
32981 Deer Ln Running Springs, CA	2.0	2.0	1080	$1,900	$1.76	45d	1	0.85mi
31808 Luring Pines Dr Running Springs, CA	3.0	2.0	1140	$2,400	$2.11	20d	1	0.87mi
31651 Wagon Wheel Dr Running Springs, CA	2.0	2.0	908	$1,900	$2.09	45d	1	1.08mi
31393 Lightfoot Way Running Springs, CA	2.0	3.0	1354	$2,600	$1.92	16d	1	1.35mi

Listing history 50 events

1. 2026-06-21
   days on market $352,000 Active 74 DOM
2. 2026-06-18
   days on market $352,000 Active 71 DOM
3. 2026-06-17
   days on market $352,000 Active 70 DOM
4. 2026-06-16
   days on market $352,000 Active 69 DOM
5. 2026-06-15
   days on market $352,000 Active 68 DOM
6. 2026-06-13
   days on market $352,000 Active 66 DOM
7. 2026-06-13
   days on market $352,000 Active 65 DOM
8. 2026-06-09
   days on market $352,000 Active 62 DOM
9. 2026-06-08
   days on market $352,000 Active 61 DOM
10. 2026-06-07
    days on market $352,000 Active 60 DOM
11. 2026-06-04
    days on market $352,000 Active 57 DOM
12. 2026-06-03
    days on market $352,000 Active 56 DOM
13. 2026-06-02
    days on market $352,000 Active 55 DOM
14. 2026-06-01
    days on market $352,000 Active 54 DOM
15. 2026-05-31
    days on market $352,000 Active 53 DOM
16. 2026-04-18
    status Active 282-char remark

    Show marketing remark (282 chars)

    Price Improvement and easy to show. This charming 3-bedroom, 2.5-bath mountain home offers warm, inviting living spaces and an expansive deck ideal for relaxing, entertaining, or enjoying the fresh mountain air. Perfect as a full-time residence or weekend retreat. Call for details.

17. 2026-03-12
    price $352,000 282-char remark

    Show marketing remark (282 chars)

    Price Improvement and easy to show. This charming 3-bedroom, 2.5-bath mountain home offers warm, inviting living spaces and an expansive deck ideal for relaxing, entertaining, or enjoying the fresh mountain air. Perfect as a full-time residence or weekend retreat. Call for details.

18. 2026-03-12
    price $368,700 282-char remark

    Show marketing remark (282 chars)

    Price Improvement and easy to show. This charming 3-bedroom, 2.5-bath mountain home offers warm, inviting living spaces and an expansive deck ideal for relaxing, entertaining, or enjoying the fresh mountain air. Perfect as a full-time residence or weekend retreat. Call for details.

19. 2026-03-11
    listed $368,740 Active 282-char remark

    Show marketing remark (282 chars)

    Price Improvement and easy to show. This charming 3-bedroom, 2.5-bath mountain home offers warm, inviting living spaces and an expansive deck ideal for relaxing, entertaining, or enjoying the fresh mountain air. Perfect as a full-time residence or weekend retreat. Call for details.

20. 2026-01-12
    historical
21. 2025-12-16
    price $379,000
22. 2025-11-07
    price $409,000
23. 2025-07-09
    listed $415,000 Active
24. 2025-06-30
    historical
25. 2025-05-09
    listed $419,500 Active
26. 2025-04-30
    historical
27. 2025-04-16
    price $419,500
28. 2025-02-27
    price $425,000
29. 2024-12-21
    listed $428,000 Active
30. 2024-09-11
    historical
31. 2024-05-15
    listed $445,000 Active
32. 2023-01-04
    historical
33. 2022-09-02
    listed $449,000 Active
34. 2021-08-12
    soldstatus $340,000
35. 2021-08-12
    soldstatus $340,000
36. 2021-08-10
    soldstatus $340,000 Closed Sale
37. 2021-08-10
    soldstatus $340,000
38. 2021-08-10
    soldstatus $340,000
39. 2021-07-12
    historical Active Under Contract
40. 2021-06-21
    status Pending Sale
41. 2021-06-10
    price $355,000
42. 2021-05-08
    listed $355,000
43. 2021-05-08
    listed $355,000
44. 2021-05-08
    listed $359,000 Active
45. 2021-05-08
    listed $355,000
46. 2006-07-28
    soldstatus $290,000
47. 2006-07-21
    soldstatus $290,000
48. 2006-02-26
    listed $299,900
49. 2005-10-27
    soldstatus $230,000
50. 2005-10-27
    soldstatus $230,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $2,248 · $187/mo
• Projected year-2 tax: $2,675 · $223/mo
• Expected delta: +$427/yr (+$36/mo · 19.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone D · 0% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 2/10 Low
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 35 unhealthy d/yr today · 45 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,673
• − Mortgage interest: −$19,717
• − Property taxes: −$2,248
• − Insurance: −$1,760
• − Repairs & maintenance: −$2,454
• − Management: −$2,454
• − Depreciation: −$10,240
• Taxable loss: −$8,200
• Est. tax savings @ 24.0%: +$1,968
• After-tax cash flow: $41/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: Rim Of The World Unified
• NCES district ID: 0632610
• Math proficiency: 13% ▼ -10.00%
• Reading proficiency: 34% ▼ -7.00%
• Median HH income: $55,860
• Composite: 21.29/100
• National rank: #8389
• State rank: #415 of 517 in CA

Livability — Running Springs

• Score: 66/100
• State rank: #333
• US rank: #11396

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Running Springs, CA
• County: San Bernardino County · 2,030,291 people
• City population: 5,215
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 5,215
• Household income: $81,493
• Rent vs Own: 26.0% rent · 74.0% own
• Severe rent burden: 255.0

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 White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 21% Two or more races 17% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 18%
• Common ancestry: Iranian 2% Slovak 2% Scotch-Irish 2%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 90% English-only · Spanish 6% Tagalog/Filipino 3% French/Haitian/Cajun 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: ▼ -263.08%
• Current HPI: 341.4318
• Rent YoY: —
• 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

+252.0% since first listed

38 events — show timeline

• 2026-04-18 Relisted — CRMLS
• 2026-03-12 Price Changed $352,000 CRMLS
• 2026-03-12 Price Changed $368,700 CRMLS
• 2026-03-11 Listed $368,740 CRMLS
• 2026-01-12 Listing Removed — CRMLS
• 2025-12-16 Price Changed $379,000 CRMLS
• 2025-11-07 Price Changed $409,000 CRMLS
• 2025-07-09 Listed $415,000 CRMLS
• 2025-06-30 Listing Removed — CRMLS
• 2025-05-09 Listed $419,500 CRMLS
• 2025-04-30 Listing Removed — CRMLS
• 2025-04-16 Price Changed $419,500 CRMLS
• 2025-02-27 Price Changed $425,000 CRMLS
• 2024-12-21 Listed $428,000 CRMLS
• 2024-09-11 Listing Removed — CRMLS
• 2024-05-15 Listed $445,000 CRMLS
• 2023-01-04 Listing Removed — CRMLS
• 2022-09-02 Listed $449,000 CRMLS
• 2021-08-12 Sold (MLS) $340,000 MRCAOR
• 2021-08-12 Sold (MLS) $340,000 CRMLS
• 2021-08-10 Sold (Public Records) $340,000 Public Records
• 2021-08-10 Sold (MLS) $340,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2021-08-10 Sold (MLS) $340,000 CRMLS
• 2021-07-12 Contingent — CRMLS
• 2021-06-21 Pending — CRMLS
• 2021-06-10 Price Changed $355,000 CRMLS
• 2021-05-08 Listed $355,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2021-05-08 Listed $359,000 CRMLS
• 2021-05-08 Listed $355,000 MRCAOR
• 2021-05-08 Listed $355,000 CRMLS
• 2006-07-28 Sold (MLS) $290,000 CRMLS
• 2006-07-21 Sold (Public Records) $290,000 Public Records
• 2006-02-26 Listed $299,900 CRMLS
• 2005-10-27 Sold (Public Records) $230,000 Public Records
• 2005-10-27 Sold (MLS) $230,000 CRMLS
• 2005-08-05 Listed $250,000 CRMLS
• 1991-06-25 Sold (Public Records) $123,500 Public Records
• 1990-02-22 Sold (Public Records) $100,000 Public Records

Property tax history

-1.8%/yr

Latest (2025): $2,248 · -8.0% YoY. Source: county tax records.