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16949 S Western Ave #83
C Composite 59.66
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
  • DSCR +10.0/10.0
  • 1% rule +7.6/10.0
  • Schools +3.6/10.0
  • Livability +3.0/5.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$169,000

16949 S Western Ave #83 · Gardena, CA 90247
2 bd · 1.0 ba · 576 sqft · Manufactured public records · 52 Days on market
Built 2019 $293/sqft · 39% above area Est $135k · 25% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Why rent when you can own and build your own equity? Cheaper than renting a 2-bedroom apartment, NO common walls. Build your own equity, not your landlord’s. This is a 1 Year Old NEWER 2 bedroom, 1-bathroom Manufactured Home in a good All Age / Family Manufactured Housing Community in the South Bay with RENT CONTROL. The Home is Perfect shape and conveniently close to the pool & club house. Vaulted ceilings with skylights and a bright and open floor plan. Comes with all Appliances. Washer & Dryer Hook-Ups as well. Great starter home or an inexpensive way to live and own your own home in the South Bay.

Key facts

  • Laminate flooring
  • Easy access
  • Convenient location

Tags

LAMINATE FLOORINGCONVENIENT LOCATIONEASY ACCESS

Property features AI

Finance

  • Other: Located near southwest corner of Western Ave & 169th St
  • Financial info: Land lease present (monthly land lease approx. $999.58) — rent includes trash, pool, water, and sewer
  • HOA & community: Community pool (association amenity); Park name: Gardena Villas; Manager approval required; Pets allowed

Exterior

  • Parking: Assigned parking; One uncovered parking space (1 total)
  • Security: Carbon monoxide and smoke detectors
  • Utilities: Standard electric service; Natural gas connected; Public sewer; Public/district water; Telephone on property; Electricity connected; Water connected
  • Home design: Single-story property; Mobile home remains; Mobile dimensions approximately 48 ft wide by 13 ft long
  • Construction: Wood construction
  • Exterior features: Community pool; Close to clubhouse; Street lighting in neighborhood

Interior

  • Kitchen: Quartz counters; Refrigerator; Gas range; Gas oven
  • Bedrooms: All bedrooms on main level
  • Flooring: Laminated flooring
  • Bathrooms: One full bathroom with bathtub
  • Heating & cooling: Forced air heating
  • Interior features: Open floor plan; One level; Entry on main level; Carbon monoxide and smoke detectors
  • Laundry & utility: Washer hookup; Dryer included

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath manufactured listed at $169k.

Deal economics

  • At list price, monthly cash flow is $656 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $169k).
  • Recommended offer: $164k (3.0% below list) — sets the bar for market timing.
  • Cap rate 10.9% vs local median 3.0% in Gardena — 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 60/100 on livability (#604 in CA) — a middle-class / working-renter tenant base. Strengths: employment A-; Watch: amenities C-, schools D+, crime F.
  • Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+1.8%/yr); 74 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals lingering (median 45d 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; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($77k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 1.8% rent growth), your $47k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 52 days — a 3% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 8y 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 $99k; list at $169k implies a 71% gain — meaningful room to come down on a strong offer.
Recommended offer $163,930 (3.0% below list)

Questions for the listing agent

  1. It's been on market 52 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 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?
  4. 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?
  5. 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.
  6. 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.
  7. 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
1.26%
Cap rate
10.95%
Cash-on-cash
16.63%
DSCR
1.74
GRM
6.6

CMA / ARV

ARV (median comp)
$135,000
List price
$169,000
Delta
25.19%
Verdict
OVERPRICED
Comps
4 within 1.0 mi
Show comp detail 5 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
16949 S Western Ave Unit 34 B 0.00mi 2/1.0 640 (+11%) 3mo $125,000 $195 79
17100 Gramercy Pl #25 0.25mi 1/1.0 (-1) 550 (-4%) 0mo $145,000 $264 76
17100 Gramercy Pl #2 0.24mi 1/1.0 (-1) 576 (0%) 22mo $162,400 $282 65
1900 Artesia Blvd #28 0.40mi 1/1.0 (-1) 552 (-4%) 13mo $99,900 $181 59
16949 S Western Ave #97 0.00mi 1/1.0 (-1) 512 (-11%) 21mo $88,000 $172 59

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 · 1.79% rent growth · sell at horizon

5-year hold
IRR
6.5%
Equity multiple
1.25×
Total profit
$11,759
Equity at exit
$25,198
10-year hold
IRR
14.8%
Equity multiple
2.13×
Total profit
$53,518
Equity at exit
$14,612

Cash invested: $47,320 (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.

ZIP-level market 90247

Rents YoY
1.8%
Active inventory
74
Price-to-rent
6.6×

Monthly cashflow live

Estimated rent
$2,137 high interval (Pro) →
Mortgage (P&I)
$886
Tax from tax record
$76 /mo · $911/yr
Insurance
$70
HOA
$0
Vacancy / Maint / Mgmt
$449
Net cashflow
$656

Break-even live

Break-even rent $1,307
Max offer price $169,000
Occupancy floor 64%

Sensitivity live

Price -10% $751 -5% $704 +0% $656 +5% $608 +10% $560
Rent -10% $487 -5% $571 +0% $656 +5% $740 +10% $825
Rate -1.0pp $741 -0.5pp $699 base $656 +0.5pp $612 +1.0pp $567

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
$42,250
Closing costs
$5,070
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 26 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
16416 Brighton Ave Gardena, CA 1.0 1.0 400 $2,195 $5.49 44d 1 0.58mi
16416 Brighton Ave Gardena, CA 1.0 1.0 400 $2,195 $5.49 0d 1 0.58mi
16120 Van Ness Ave Unit 6 Torrance, CA 2.0 1.0 690 $2,026 $2.94 19d 1 0.70mi
16020 Van Ness Ave Torrance, CA 1.0 1.0 550 $1,950 $3.55 44d 2 0.74mi
17917 Evelyn Ave Gardena, CA 1.0 1.0 500 $2,175 $4.35 44d 1 0.75mi
1439 W 179th St Unit 03 Gardena, CA 2.0 1.0 650 $2,250 $3.46 44d 1 0.78mi
1118 166th St Unit C Gardena, CA 1.0 1.0 389 $1,775 $4.56 44d 1 0.87mi
15717 Brighton Ave Unit B Gardena, CA 1.0 1.0 650 $2,200 $3.38 25d 1 0.88mi
2125 W 157th St Unit 10 Gardena, CA 1.0 1.0 700 $2,050 $2.93 4d 1 0.89mi
2501 W Redondo Beach Blvd Unit 242 Gardena, CA 1.0 1.0 550 $1,800 $3.27 44d 1 0.90mi
15702 Brighton Ave Unit 4 Gardena, CA 2.0 1.0 750 $2,500 $3.33 19d 1 0.95mi
860 W 165th Pl Unit 103 Gardena, CA 1.0 1.0 589 $1,775 $3.01 44d 1 1.06mi
18424 S Normandie Ave Gardena, CA 1.0 1.0 550 $1,900 $3.45 44d 1 1.09mi
844 W 164th St Unit 9402A Gardena, CA 1.0 1.0 615 $2,500 $4.07 44d 1 1.11mi
17901 Crenshaw Blvd Unit 4 Torrance, CA 1.0 1.0 615 $2,495 $4.06 25d 1 1.19mi
1034 Magnolia Ave Unit 16 Gardena, CA 1.0 1.0 550 $1,750 $3.18 25d 1 1.19mi
1030 Magnolia Ave Gardena, CA 1.0–2.0 1.0 710 $2,700 $3.80 44d 2 1.20mi
1321 W 186th St Gardena, CA 1.0 1.0 600 $1,800 $3.00 44d 1 1.22mi
1709 Marine Ave Unit 1 Gardena, CA 1.0 1.0 400 $1,750 $4.38 14d 1 1.23mi
1709 Marine Ave Unit 1 Gardena, CA 1.0 1.0 370 $1,750 $4.73 18d 1 1.23mi
15904 S Vermont Ave Gardena, CA 2.0 1.0 627 $2,000 $3.19 16d 1 1.23mi
3313 Artesia Blvd Torrance, CA 1.0 1.0 750 $1,895 $2.53 44d 1 1.29mi
3444 Redondo Beach Blvd Unit 3 Torrance, CA 1.0 1.0 668 $1,850 $2.77 19d 1 1.38mi
1130 Marine Ave Gardena, CA 1.0 1.0 525 $1,925 $3.67 17d 1 1.42mi
16724 Yukon Ave Torrance, CA 1.0 1.0 705 $2,595 $3.68 25d 1 1.49mi
17030 Yukon Ave Torrance, CA 1.0 1.0 600 $2,100 $3.50 44d 1 1.50mi

Listing history 21 events

  1. 2026-06-18
    days on market $169,000 Active 52 DOM
  2. 2026-06-17
    days on market $169,000 Active 51 DOM
  3. 2026-06-16
    days on market $169,000 Active 50 DOM
  4. 2026-06-15
    days on market $169,000 Active 49 DOM
  5. 2026-06-13
    days on market $169,000 Active 47 DOM
  6. 2026-06-09
    days on market $169,000 Active 43 DOM
  7. 2026-06-08
    days on market $169,000 Active 42 DOM
  8. 2026-06-07
    days on market $169,000 Active 41 DOM
  9. 2026-06-04
    days on market $169,000 Active 38 DOM
  10. 2026-06-03
    days on market $169,000 Active 37 DOM
  11. 2026-06-02
    days on market $169,000 Active 36 DOM
  12. 2026-06-01
    days on market $169,000 Active 35 DOM
  13. 2026-05-31
    days on market $169,000 Active 34 DOM
  14. 2026-04-27
    listed $169,000 Active 288-char remark
  15. 2020-03-16
    soldstatus $99,000 Closed Sale 626-char remark
    Show marketing remark (626 chars)

    Why rent when you can own and build your own equity? Cheaper than renting a 2-bedroom apartment, NO common walls. Build your own equity, not your landlord’s. This is a 1 Year Old NEWER 2 bedroom, 1-bathroom Manufactured Home in a good All Age / Family Manufactured Housing Community in the South Bay with RENT CONTROL. The Home is Perfect shape and conveniently close to the pool & club house. Vaulted ceilings with skylights and a bright and open floor plan. Comes with all Appliances. Washer & Dryer Hook-Ups as well. Great starter home or an inexpensive way to live and own your own home in the South Bay.

  16. 2020-03-15
    status Pending Sale 626-char remark
    Show marketing remark (626 chars)

    Why rent when you can own and build your own equity? Cheaper than renting a 2-bedroom apartment, NO common walls. Build your own equity, not your landlord’s. This is a 1 Year Old NEWER 2 bedroom, 1-bathroom Manufactured Home in a good All Age / Family Manufactured Housing Community in the South Bay with RENT CONTROL. The Home is Perfect shape and conveniently close to the pool & club house. Vaulted ceilings with skylights and a bright and open floor plan. Comes with all Appliances. Washer & Dryer Hook-Ups as well. Great starter home or an inexpensive way to live and own your own home in the South Bay.

  17. 2019-12-02
    price $99,900 626-char remark
    Show marketing remark (626 chars)

    Why rent when you can own and build your own equity? Cheaper than renting a 2-bedroom apartment, NO common walls. Build your own equity, not your landlord’s. This is a 1 Year Old NEWER 2 bedroom, 1-bathroom Manufactured Home in a good All Age / Family Manufactured Housing Community in the South Bay with RENT CONTROL. The Home is Perfect shape and conveniently close to the pool & club house. Vaulted ceilings with skylights and a bright and open floor plan. Comes with all Appliances. Washer & Dryer Hook-Ups as well. Great starter home or an inexpensive way to live and own your own home in the South Bay.

  18. 2019-11-19
    listed $105,000 Active 626-char remark
    Show marketing remark (626 chars)

    Why rent when you can own and build your own equity? Cheaper than renting a 2-bedroom apartment, NO common walls. Build your own equity, not your landlord’s. This is a 1 Year Old NEWER 2 bedroom, 1-bathroom Manufactured Home in a good All Age / Family Manufactured Housing Community in the South Bay with RENT CONTROL. The Home is Perfect shape and conveniently close to the pool & club house. Vaulted ceilings with skylights and a bright and open floor plan. Comes with all Appliances. Washer & Dryer Hook-Ups as well. Great starter home or an inexpensive way to live and own your own home in the South Bay.

  19. 2018-12-28
    soldstatus $99,990 Closed Sale
    Show marketing remark (629 chars)

    Why rent when you can own and build your own equity? Cheaper than renting a 2-bedroom apartment, NO common walls. Build your own equity, not your landlord’s. This is a BRAND NEW 2 bedroom, 1-bathroom Manufactured Home in a good All Age / Family Manufactured Housing Community in the South Bay with RENT CONTROL. The Home is Perfect shape and conveniently close to the pool & club house. Vaulted ceilings with skylights and a bright and open floor plan. Comes with all brand-new Appliances. Washer & Dryer Hook-Ups as well. Great starter home or an inexpensive way to live and own your own home in the South Bay.

  20. 2018-12-21
    status Pending Sale
    Show marketing remark (629 chars)

    Why rent when you can own and build your own equity? Cheaper than renting a 2-bedroom apartment, NO common walls. Build your own equity, not your landlord’s. This is a BRAND NEW 2 bedroom, 1-bathroom Manufactured Home in a good All Age / Family Manufactured Housing Community in the South Bay with RENT CONTROL. The Home is Perfect shape and conveniently close to the pool & club house. Vaulted ceilings with skylights and a bright and open floor plan. Comes with all brand-new Appliances. Washer & Dryer Hook-Ups as well. Great starter home or an inexpensive way to live and own your own home in the South Bay.

  21. 2018-11-27
    listed $99,990 Active
    Show marketing remark (629 chars)

    Why rent when you can own and build your own equity? Cheaper than renting a 2-bedroom apartment, NO common walls. Build your own equity, not your landlord’s. This is a BRAND NEW 2 bedroom, 1-bathroom Manufactured Home in a good All Age / Family Manufactured Housing Community in the South Bay with RENT CONTROL. The Home is Perfect shape and conveniently close to the pool & club house. Vaulted ceilings with skylights and a bright and open floor plan. Comes with all brand-new Appliances. Washer & Dryer Hook-Ups as well. Great starter home or an inexpensive way to live and own your own home in the South Bay.

ⓘ 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
$911 · $76/mo
Projected year-2 tax
$1,284 · $107/mo
Expected delta
+$373/yr (+$31/mo · 41.0%)

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

Climate risk First Street

  • 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 18% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 4/10 Moderate 5 d/yr ≥86°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 7 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$25,646
− Mortgage interest
−$9,467
− Property taxes
−$911
− Insurance
−$845
− Repairs & maintenance
−$2,052
− Management
−$2,052
− Depreciation
−$4,916
Taxable income
$5,404
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,297
After-tax cash flow
$6,572/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
Los Angeles Unified
NCES district ID
0622710
Math proficiency
29% ▼ -4.00%
Reading proficiency
54% ▲ 10.00%
Median HH income
$50,403
Composite
35.67/100
National rank
#4875
State rank
#223 of 517 in CA

Livability — Gardena

Score
60/100
State rank
#604
US rank
#19337

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Gardena, CA
County
Los Angeles County · 9,444,647 people
City population
73,343
Metro
Los Angeles-Long Beach-Anaheim, CA
Population (ZIP)
47,053
Household income
$77,333
Rent vs Own
58.7% rent · 41.3% own
Severe rent burden
2604.0

Population outlook (Los Angeles County) Hauer SSP2

Today (2025)
10,940,515 people
By 2030
11,256,481 · +2.9%
By 2040
11,729,929 · +7.2%
By 2050
11,948,407 · +9.2%
By 2075
11,818,114 · +8.0%
By 2100
10,842,928 · -0.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.67)
Race & ethnicity
Hispanic / Latino 50% Asian 25% Two or more races 19% Black 15% White 6% Native American 2%
Hispanic origin (detail)
Mexican 37%
Common ancestry
British 1% Lithuanian 1%
Foreign-born
38% · Canada, South Korea, Vietnam
Languages at home
39% English-only · Spanish 40% Other Asian/Pacific 6% Korean 5%

Political lean MEDSL · Los Angeles

2024 margin
Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
2008→2024 swing
-7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
All cycles
2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -683.33%
Current HPI
420.4015
Rent YoY
▲ 1.79%
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

Price history

+69.0% since first listed
8 events — show timeline
  • 2026-04-27 Listed $169,000 CRMLS
  • 2020-03-16 Sold (MLS) $99,000 CRMLS
  • 2020-03-15 Pending CRMLS
  • 2019-12-02 Price Changed $99,900 CRMLS
  • 2019-11-19 Listed $105,000 CRMLS
  • 2018-12-28 Sold (MLS) $99,990 CRMLS
  • 2018-12-21 Pending CRMLS
  • 2018-11-27 Listed $99,990 CRMLS

Property tax history

+2.1%/yr

Latest (2025): $911 · +2.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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