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1 Washington Dr
B+ Composite 76.78
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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Rent growth +3.3/5.0
  • Livability +3.3/5.0
  • Schools +2.7/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$105,000

1 Washington Dr · Cathedral City, CA 92234
2 bd · 2.0 ba · 960 sqft · Manufactured · 134 Days on market
Built 1978 $109/sqft · 18% below area Est $128k · 18% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to affordable Palm Springs/Cathedral City on the dividing line this location is close to everything. Shop and Dine, Casino. Community Pool is never overcrowded in this quaint tucked away place called TramView. 2 Bedrooms 2 full Baths, at this price is a ''deal''. The home is self contained, Kitchen has Pantry, Dishwasher, Laundry W/ D inside, Central Air, Duel Pane Windows, Fenced in ''Yard ''for pets and privacy rare for this price range. Enjoy the lifestyle this location provides and Palm Springs, it doesn't get better than this. When considering Mobile Manufactured Homes this one should be top of List. Contact listing agent for loan and lenders for Mobile homes. Sellers are motivated bring an offer.

Key facts

  • Community pool
  • Duel pane windows
  • Kitchen has pantry

Tags

COMMUNITY POOLKITCHEN HAS PANTRYDUEL PANE WINDOWSFENCED IN YARD

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/2.0-bath manufactured listed at $105k.

Deal economics

  • At list price, monthly cash flow is $907 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $105k).
  • Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
  • Cap rate 16.7% vs local median 5.1% in Cathedral City — 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 (#344 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing B+; Watch: employment D+, schools F, amenities D-.
  • Palm Springs Unified (suburban): math 21% / reading 42% proficiency, ranked #328 of 517 in CA (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+3.2%/yr); 525 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
  • This rent runs 34% of the median local income ($74k/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 $726 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 3.2% rent growth), your $29k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 134 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 14y 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: moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $92,400 (12.0% below list)

Questions for the listing agent

  1. It's been on market 134 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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.
  7. 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.
  8. 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
1.97%
Cap rate
16.66%
Cash-on-cash
37.02%
DSCR
2.65
GRM
4.2

CMA / ARV

ARV (median comp)
$128,486
List price
$105,000
Delta
-18.28%
Verdict
UNDERPRICED
Comps
12 within 1.0 mi
Show comp detail 9 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
8 Coolidge Dr 0.06mi 2/1.0 960 (0%) 20mo $52,000 $54 76
10 Hayes St 0.27mi 2/2.0 1,021 (+6%) 3mo $67,200 $66 74
3 Coolidge Dr 0.04mi 2/2.0 1,024 (+7%) 19mo $60,000 $59 71
2 Washington St 0.01mi 2/1.0 900 (-6%) 20mo $47,000 $52 68
14 Garfield Dr 0.24mi 2/2.0 820 (-15%) 1mo $57,500 $70 64
199 Juniper 0.36mi 2/2.0 1,080 (+12%) 2mo $235,000 $218 61
73 Calle Abajo 0.47mi 2/2.0 1,020 (+6%) 10mo $161,000 $158 59
22 Calle De Las Nubes 0.39mi 2/2.0 860 (-10%) 9mo $149,000 $173 57
132 Calle Arriba 0.57mi 2/2.0 1,056 (+10%) 16mo $200,000 $189 43

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 · 3.22% rent growth · sell at horizon

5-year hold
IRR
33.2%
Equity multiple
2.40×
Total profit
$41,247
Equity at exit
$15,656
10-year hold
IRR
40.3%
Equity multiple
4.82×
Total profit
$112,324
Equity at exit
$9,078

Cash invested: $29,400 (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 92234

Home prices YoY
-27.7%
Rents YoY
3.2%
Active inventory
525
Price-to-rent
4.2×

Monthly cashflow live

Estimated rent
$2,067 high interval (Pro) →
Mortgage (P&I)
$551
Tax est. 1.5%
$131 /mo · $1,575/yr
Insurance
$44
HOA
$0
Vacancy / Maint / Mgmt
$434
Net cashflow
$907

Break-even live

Break-even rent $919
Max offer price $105,000
Occupancy floor 51%

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
$26,250
Closing costs
$3,150
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 39 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
36953 Bankside Dr Unit A Cathedral City, CA 1.0 1.0 700 $1,495 $2.14 24d 1 0.53mi
36953 Bankside Dr Unit 5 Cathedral City, CA 1.0 1.0 700 $1,595 $2.28 1d 1 0.53mi
36953 Bankside Dr Unit 10 Cathedral City, CA 1.0 1.0 700 $1,495 $2.14 21d 1 0.53mi
36957 Melrose Dr Unit C Cathedral City, CA 1.0 1.0 700 $1,495 $2.14 24d 1 0.57mi
36957 Melrose Dr Unit 7 Cathedral City, CA 1.0 1.0 700 $1,495 $2.14 21d 1 0.57mi
36947 Melrose Dr Unit D Cathedral City, CA 1.0 1.0 700 $1,595 $2.28 21d 1 0.58mi
36947 Melrose Dr Unit 4 Cathedral City, CA 1.0 1.0 700 $1,595 $2.28 2d 1 0.58mi
36947 Melrose Dr Unit 4 Cathedral City, CA 1.0 1.0 700 $1,595 $2.28 24d 1 0.58mi
2800 Lawrence Crossley Rd Palm Springs, CA 2.0 2.0 905 $2,022 $2.23 43d 1 0.59mi
2700 Lawrence Crossley Rd #18 Palm Springs, CA 2.0 2.0 885 $2,050 $2.32 18d 1 0.63mi
2700 Lawrence Crossley Rd Unit B15 Palm Springs, CA 2.0 2.0 885 $1,950 $2.20 43d 1 0.63mi
68365 Tahquitz Rd Unit 6 Cathedral City, CA 1.0 1.0 600 $1,695 $2.83 21d 1 0.68mi
68365 Tahquitz Rd Unit 8 Cathedral City, CA 1.0 1.0 600 $1,695 $2.83 2d 1 0.68mi
5301 E Waverly Dr Palm Springs, CA 1.0–2.0 2.0 933 $2,300 $2.47 18d 2 0.69mi
5301 E Waverly Dr Palm Springs, CA 1.0–2.0 2.0 933 $2,300 $2.47 14d 2 0.69mi
37112 Palo Verde Dr Unit 4 Cathedral City, CA 1.0 1.0 600 $1,595 $2.66 24d 1 0.72mi
37112 Palo Verde Dr Unit 3 Cathedral City, CA 1.0 1.0 600 $1,595 $2.66 21d 1 0.72mi
37112 Palo Verde Dr Unit 4 Cathedral City, CA 1.0 1.0 600 $1,595 $2.66 2d 1 0.72mi
37156 Palo Verde Dr Unit D Cathedral City, CA 1.0 1.0 600 $1,595 $2.66 24d 1 0.73mi
37156 Palo Verde Dr Unit 5 Cathedral City, CA 1.0 1.0 600 $1,595 $2.66 21d 1 0.73mi
37156 Palo Verde Dr Cathedral City, CA 1.0 1.0 600 $1,595 $2.66 2d 1 0.73mi
68460 Kings Rd Unit C Cathedral City, CA 1.0 1.0 600 $1,695 $2.83 21d 1 0.74mi
68460 Kings Rd Unit 3 Cathedral City, CA 1.0 1.0 600 $1,695 $2.83 2d 1 0.74mi
37111 Cathedral Canyon Dr Unit B Cathedral City, CA 1.0 1.0 600 $1,595 $2.66 1d 1 0.75mi
37111 Cathedral Canyon Dr Unit 2 Cathedral City, CA 1.0 1.0 600 $1,595 $2.66 21d 1 0.75mi
37111 Cathedral Canyon Dr Unit A Cathedral City, CA 1.0 1.0 600 $1,595 $2.66 24d 1 0.75mi
5301 E Waverly Dr #192 Palm Springs, CA 2.0 2.0 979 $2,300 $2.35 24d 1 0.78mi
5301 E Waverly Dr #120 Palm Springs, CA 1.0 2.0 887 $2,800 $3.16 43d 1 0.78mi
5300 E Waverly Dr Palm Springs, CA 1.0–2.0 1.5–2.0 768 $1,900 $2.47 24d 2 0.78mi
5300 E Waverly Dr Unit C4 Palm Springs, CA 2.0 1.5 768 $1,900 $2.47 2d 1 0.87mi
5225 E Waverly Dr #66 Palm Springs, CA 1.0 2.0 887 $3,600 $4.06 43d 1 0.89mi
2010 Lawrence Crossley Rd Unit 8 Palm Springs, CA 2.0 1.5 993 $1,895 $1.91 13d 1 0.91mi
68695 F St Cathedral City, CA 3.0 2.5 896 $2,500 $2.79 43d 1 1.07mi
35615 Paseo Circulo E Cathedral City, CA 1.0 2.0 1029 $2,250 $2.19 43d 1 1.07mi
37700 Van Fleet St Unit 3 Cathedral City, CA 1.0 1.0 525 $1,395 $2.66 43d 1 1.15mi
68277 Grandview Ave Cathedral City, CA 2.0 2.0 1107 $2,195 $1.98 21d 1 1.26mi
38951 Bel Air Dr Cathedral City, CA 2.0 2.0 1040 $3,200 $3.08 24d 1 1.42mi
33495 Cathedral Canyon Dr Cathedral City, CA 2.0 1.0 1100 $2,200 $2.00 43d 1 1.44mi
33495 Cathedral Canyon Dr Unit B Cathedral City, CA 2.0 1.0 1100 $2,100 $1.91 43d 1 1.44mi

Listing history 27 events

  1. 2026-06-18
    days on market $105,000 Active 134 DOM
  2. 2026-06-17
    days on market $105,000 Active 133 DOM
  3. 2026-06-16
    days on market $105,000 Active 132 DOM
  4. 2026-06-15
    days on market $105,000 Active 131 DOM
  5. 2026-06-13
    days on market $105,000 Active 129 DOM
  6. 2026-06-13
    days on market $105,000 Active 128 DOM
  7. 2026-06-09
    days on market $105,000 Active 125 DOM
  8. 2026-06-08
    days on market $105,000 Active 124 DOM
  9. 2026-06-07
    days on market $105,000 Active 123 DOM
  10. 2026-06-04
    days on market $105,000 Active 120 DOM
  11. 2026-06-03
    days on market $105,000 Active 119 DOM
  12. 2026-06-02
    days on market $105,000 Active 118 DOM
  13. 2026-06-01
    days on market $105,000 Active 117 DOM
  14. 2026-05-31
    days on market $105,000 Active 116 DOM
  15. 2026-02-02
    listed $105,000 Active 720-char remark
    Show marketing remark (720 chars)

    Welcome to affordable Palm Springs/Cathedral City on the dividing line this location is close to everything. Shop and Dine, Casino. Community Pool is never overcrowded in this quaint tucked away place called TramView. 2 Bedrooms 2 full Baths, at this price is a ''deal''. The home is self contained, Kitchen has Pantry, Dishwasher, Laundry W/ D inside, Central Air, Duel Pane Windows, Fenced in ''Yard ''for pets and privacy rare for this price range. Enjoy the lifestyle this location provides and Palm Springs, it doesn't get better than this. When considering Mobile Manufactured Homes this one should be top of List. Contact listing agent for loan and lenders for Mobile homes. Sellers are motivated bring an offer.

  16. 2023-12-18
    soldstatus $99,800 Closed Sale 1577-char remark
    Show marketing remark (1577 chars)

    PRICE REDUCTION TO BELOWi $100K!! This inviting 2 bed/ 2 bath home located within Tramview MH Community, a 55+ park. As you enter the main entrance, #1 Washington sits to your left welcoming you home with lots of curb appeal. The front is landscaped with desert tolerant foliage. The front courtyard is newly fenced in for privacy and pet safety, with room for dining al fresco. As you enter your home, you are greeted by new vinyl plank flooring and a tasteful living room. MOTIVATED SELLERS! Enter the kitchen to new stainless-steel appliances, and new countertops. Each bedroom has a newer carpet that is color coordinated with flooring. Newer vanities in both bathrooms, with a brand-new shower in the Primary bedroom bathroom. The AC unit was rebuilt less than 5 years ago and is serviced annually, providing relief from summer heat. Central heating removes the chill on cool desert nights. New Dual-Paned windows installed3 years ago for added insulation and soundproofing. The Washer and Dryer in the laundry area will stay for your convenience. The home will be sold partially furnished, so it is ready to be your new home with the turn of a key! The exterior has been freshly painted in the past year. New skirting was installed 3 years ago. Current space rent is $821. There are many social activities in the park to participate in! They have Shuffleboard, Social events, Aqua Aerobics, etc. Conveniently located near Trader Joes, Target, Eisenhower Health clinics, Agua Caliente Casino, Fine Dining and Mary Pickford Theater - all walkable! HURRY! Motivated Seller!

  17. 2023-11-22
    historical Active Under Contract 1577-char remark
    Show marketing remark (1577 chars)

    PRICE REDUCTION TO BELOWi $100K!! This inviting 2 bed/ 2 bath home located within Tramview MH Community, a 55+ park. As you enter the main entrance, #1 Washington sits to your left welcoming you home with lots of curb appeal. The front is landscaped with desert tolerant foliage. The front courtyard is newly fenced in for privacy and pet safety, with room for dining al fresco. As you enter your home, you are greeted by new vinyl plank flooring and a tasteful living room. MOTIVATED SELLERS! Enter the kitchen to new stainless-steel appliances, and new countertops. Each bedroom has a newer carpet that is color coordinated with flooring. Newer vanities in both bathrooms, with a brand-new shower in the Primary bedroom bathroom. The AC unit was rebuilt less than 5 years ago and is serviced annually, providing relief from summer heat. Central heating removes the chill on cool desert nights. New Dual-Paned windows installed3 years ago for added insulation and soundproofing. The Washer and Dryer in the laundry area will stay for your convenience. The home will be sold partially furnished, so it is ready to be your new home with the turn of a key! The exterior has been freshly painted in the past year. New skirting was installed 3 years ago. Current space rent is $821. There are many social activities in the park to participate in! They have Shuffleboard, Social events, Aqua Aerobics, etc. Conveniently located near Trader Joes, Target, Eisenhower Health clinics, Agua Caliente Casino, Fine Dining and Mary Pickford Theater - all walkable! HURRY! Motivated Seller!

  18. 2023-11-01
    price $99,800 1577-char remark
    Show marketing remark (1577 chars)

    PRICE REDUCTION TO BELOWi $100K!! This inviting 2 bed/ 2 bath home located within Tramview MH Community, a 55+ park. As you enter the main entrance, #1 Washington sits to your left welcoming you home with lots of curb appeal. The front is landscaped with desert tolerant foliage. The front courtyard is newly fenced in for privacy and pet safety, with room for dining al fresco. As you enter your home, you are greeted by new vinyl plank flooring and a tasteful living room. MOTIVATED SELLERS! Enter the kitchen to new stainless-steel appliances, and new countertops. Each bedroom has a newer carpet that is color coordinated with flooring. Newer vanities in both bathrooms, with a brand-new shower in the Primary bedroom bathroom. The AC unit was rebuilt less than 5 years ago and is serviced annually, providing relief from summer heat. Central heating removes the chill on cool desert nights. New Dual-Paned windows installed3 years ago for added insulation and soundproofing. The Washer and Dryer in the laundry area will stay for your convenience. The home will be sold partially furnished, so it is ready to be your new home with the turn of a key! The exterior has been freshly painted in the past year. New skirting was installed 3 years ago. Current space rent is $821. There are many social activities in the park to participate in! They have Shuffleboard, Social events, Aqua Aerobics, etc. Conveniently located near Trader Joes, Target, Eisenhower Health clinics, Agua Caliente Casino, Fine Dining and Mary Pickford Theater - all walkable! HURRY! Motivated Seller!

  19. 2023-10-10
    price $109,900 1577-char remark
    Show marketing remark (1577 chars)

    PRICE REDUCTION TO BELOWi $100K!! This inviting 2 bed/ 2 bath home located within Tramview MH Community, a 55+ park. As you enter the main entrance, #1 Washington sits to your left welcoming you home with lots of curb appeal. The front is landscaped with desert tolerant foliage. The front courtyard is newly fenced in for privacy and pet safety, with room for dining al fresco. As you enter your home, you are greeted by new vinyl plank flooring and a tasteful living room. MOTIVATED SELLERS! Enter the kitchen to new stainless-steel appliances, and new countertops. Each bedroom has a newer carpet that is color coordinated with flooring. Newer vanities in both bathrooms, with a brand-new shower in the Primary bedroom bathroom. The AC unit was rebuilt less than 5 years ago and is serviced annually, providing relief from summer heat. Central heating removes the chill on cool desert nights. New Dual-Paned windows installed3 years ago for added insulation and soundproofing. The Washer and Dryer in the laundry area will stay for your convenience. The home will be sold partially furnished, so it is ready to be your new home with the turn of a key! The exterior has been freshly painted in the past year. New skirting was installed 3 years ago. Current space rent is $821. There are many social activities in the park to participate in! They have Shuffleboard, Social events, Aqua Aerobics, etc. Conveniently located near Trader Joes, Target, Eisenhower Health clinics, Agua Caliente Casino, Fine Dining and Mary Pickford Theater - all walkable! HURRY! Motivated Seller!

  20. 2023-09-23
    listed $119,900 Active 1577-char remark
    Show marketing remark (1577 chars)

    PRICE REDUCTION TO BELOWi $100K!! This inviting 2 bed/ 2 bath home located within Tramview MH Community, a 55+ park. As you enter the main entrance, #1 Washington sits to your left welcoming you home with lots of curb appeal. The front is landscaped with desert tolerant foliage. The front courtyard is newly fenced in for privacy and pet safety, with room for dining al fresco. As you enter your home, you are greeted by new vinyl plank flooring and a tasteful living room. MOTIVATED SELLERS! Enter the kitchen to new stainless-steel appliances, and new countertops. Each bedroom has a newer carpet that is color coordinated with flooring. Newer vanities in both bathrooms, with a brand-new shower in the Primary bedroom bathroom. The AC unit was rebuilt less than 5 years ago and is serviced annually, providing relief from summer heat. Central heating removes the chill on cool desert nights. New Dual-Paned windows installed3 years ago for added insulation and soundproofing. The Washer and Dryer in the laundry area will stay for your convenience. The home will be sold partially furnished, so it is ready to be your new home with the turn of a key! The exterior has been freshly painted in the past year. New skirting was installed 3 years ago. Current space rent is $821. There are many social activities in the park to participate in! They have Shuffleboard, Social events, Aqua Aerobics, etc. Conveniently located near Trader Joes, Target, Eisenhower Health clinics, Agua Caliente Casino, Fine Dining and Mary Pickford Theater - all walkable! HURRY! Motivated Seller!

  21. 2023-09-23
    historical $119,900 1577-char remark
    Show marketing remark (1577 chars)

    PRICE REDUCTION TO BELOWi $100K!! This inviting 2 bed/ 2 bath home located within Tramview MH Community, a 55+ park. As you enter the main entrance, #1 Washington sits to your left welcoming you home with lots of curb appeal. The front is landscaped with desert tolerant foliage. The front courtyard is newly fenced in for privacy and pet safety, with room for dining al fresco. As you enter your home, you are greeted by new vinyl plank flooring and a tasteful living room. MOTIVATED SELLERS! Enter the kitchen to new stainless-steel appliances, and new countertops. Each bedroom has a newer carpet that is color coordinated with flooring. Newer vanities in both bathrooms, with a brand-new shower in the Primary bedroom bathroom. The AC unit was rebuilt less than 5 years ago and is serviced annually, providing relief from summer heat. Central heating removes the chill on cool desert nights. New Dual-Paned windows installed3 years ago for added insulation and soundproofing. The Washer and Dryer in the laundry area will stay for your convenience. The home will be sold partially furnished, so it is ready to be your new home with the turn of a key! The exterior has been freshly painted in the past year. New skirting was installed 3 years ago. Current space rent is $821. There are many social activities in the park to participate in! They have Shuffleboard, Social events, Aqua Aerobics, etc. Conveniently located near Trader Joes, Target, Eisenhower Health clinics, Agua Caliente Casino, Fine Dining and Mary Pickford Theater - all walkable! HURRY! Motivated Seller!

  22. 2013-02-20
    soldstatus $14,500 Closed
  23. 2013-02-20
    soldstatus $14,500 Closed
  24. 2013-02-19
    status Backup Offers Accepted
  25. 2013-01-17
    price $15,900
  26. 2012-10-31
    price $19,900
  27. 2012-07-20
    listed $25,000 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 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥112°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$24,801
− Mortgage interest
−$5,882
− Property taxes
−$1,575
− Insurance
−$525
− Repairs & maintenance
−$1,984
− Management
−$1,984
− Depreciation
−$3,055
Taxable income
$9,796
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,351
After-tax cash flow
$8,534/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
Palm Springs Unified
NCES district ID
0629550
Math proficiency
21% ▼ -7.00%
Reading proficiency
42% ▬ 0.00%
Median HH income
$43,638
Composite
26.76/100
National rank
#7131
State rank
#328 of 517 in CA

Livability — Cathedral City

Score
66/100
State rank
#344
US rank
#11749

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Cathedral City, CA
County
Riverside County · 2,287,001 people
City population
52,267
Metro
Riverside-San Bernardino-Ontario, CA
Population (ZIP)
52,267
Household income
$73,572
Rent vs Own
33.5% rent · 66.5% own
Severe rent burden
1682.0

Population outlook (Riverside County) Hauer SSP2

Today (2025)
2,664,475 people
By 2030
2,802,692 · +5.2%
By 2040
3,050,904 · +14.5%
By 2050
3,256,783 · +22.2%
By 2075
3,655,058 · +37.2%
By 2100
3,766,594 · +41.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
Hispanic / Latino 59% White 30% Two or more races 27% Asian 6% Native American 2% Black 2%
Hispanic origin (detail)
Mexican 51%
Common ancestry
Lithuanian 2% Romanian 1% Italian 1%
Foreign-born
28% · Canada, Vietnam
Languages at home
48% English-only · Spanish 46% Tagalog/Filipino 3% Other Asian/Pacific 1%

Political lean MEDSL · Riverside

2024 margin
Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
2008→2024 swing
-3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
All cycles
2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -136.57%
Current HPI
356.9845
Rent YoY
▲ 3.22%
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

Price history

+320.0% since first listed
13 events — show timeline
  • 2026-02-02 Listed $105,000 GPSMLS
  • 2023-12-18 Sold (MLS) $99,800 CRMLS
  • 2023-11-22 Contingent CRMLS
  • 2023-11-01 Price Changed $99,800 CRMLS
  • 2023-10-10 Price Changed $109,900 CRMLS
  • 2023-09-23 Listed $119,900 CRMLS
  • 2023-09-23 Coming Soon $119,900 CRMLS
  • 2013-02-20 Sold (MLS) $14,500 GPSMLS
  • 2013-02-20 Sold (MLS) $14,500 GPSMLS
  • 2013-02-19 Pending GPSMLS
  • 2013-01-17 Price Changed $15,900 GPSMLS
  • 2012-10-31 Price Changed $19,900 GPSMLS
  • 2012-07-20 Listed $25,000 GPSMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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