6545 Wilbur Ave Spc 85
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
Nearby Schools
Educational options and performance ratings in the area.
Shirley Avenue Elementary School
John A. Sutter Middle School
Reseda Senior High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
While the paper metrics indicate an exceptional 20.27% rental yield and $1,773 monthly cash flow, this manufactured home is located in a land-lease community ('Spc 85'), introducing significant hidden costs. Standard cash flow calculations often overlook rising monthly space rent, which can heavily erode yield. Furthermore, manufactured homes on leased land do not appreciate like fee-simple real property and face strict financing limitations. Conservatively, the high nominal yield is offset by capital depreciation risk, lack of land ownership, and unpredictable park HOA/lot fees, making this a speculative income play rather than a stable long-term wealth builder.
- • Extremely low initial purchase price of $149,900 for the Southern California market.
- • Strong paper-thin gross rental yield and cash-on-cash potential if expenses are tightly controlled.
- • Desirable 2-bed, 2-bath layout in a high-density, high-demand rental market.
- • Unowned land structure (space lease) exposes the investor to escalating monthly lot rent inflation.
- • Manufactured homes on leased land typically depreciate, making the 4% annual appreciation rate highly unrealistic.
- • Financing is extremely difficult, often requiring high-interest chattel loans rather than conventional mortgages.
- • Park rules and regulations may restrict or entirely prohibit using the property as a standard long-term rental.
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-05-08 | Price change | $149,900 | $142 |
| 2026-04-07 | Listed for sale | $179,900 | $170 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $375.38 | $24,458 |
| 2024 | $359.06 | $24,076 |
| 2023 | $347.44 | $23,040 |
| 2022 | $332.57 | $22,532 |
| 2021 | $297.83 | $20,066 |
| 2020 | $305.5 | $20,378 |
| 2019 | $305.5 | $13,722 |
| 2018 | $226.79 | $13,722 |
| 2017 | $226.79 | $0 |
| 2016 | $255.29 | $0 |
| 2015 | $239.27 | $0 |
| 2014 | $253.22 | $0 |
| 2011 | $0 | $18,856 |
| 2010 | $0 | $18,665 |
| 2008 | $0 | $26,697 |
| 2007 | $0 | $31,391 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $25,284/yr
On $34,477 invested
Prime loan qualification
Equity + cumulative cash
Monthly Cash Flow Breakdown
Similar Properties Nearby
Explore other investment opportunities in Reseda.