361 Avenida Andorra · Cathedral City, CA 92234

$44,900

2 bd · 2.0 ba · 1,440 sqft · Manufactured · 41 Days on market

Built 1975 9,000 sqft lot $31/sqft · 61% below area ↓ 31% since listing

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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).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• 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

Listing remarks MLS

Beautifully maintained spectacular view property with lots of parking and a great newer kitchen with a central Island. Lots of storage and a great patio both side and back. Plus there is a large workshop and golf cart garage that you can drive through with doors each end. Good price for this home

Key facts

• Generous shed
• Large back patio
• Oversized lot

Tags

• OVERSIZED LOT
• BREATHTAKING MOUNTAIN VIEWS
• GOLF COURSE VIEWS
• LARGE BACK PATIO
• OVERSIZED COVERED CARPORT
• GENEROUS SHED

Property features AI

Finance

• Other: Park manager phone available
• Financial info: Land is leased (land lease annual amount $19,800); Rental restrictions apply; Sale type: Probate listing; Listing terms: Cash; Possession at close of escrow; Short-term rentals not allowed; Will not consider lease
• HOA & community: Senior community; Gated community; Total monthly association fees: $0

Exterior

• Parking: Attached carport; Driveway; 2 total parking spaces; 2 carport spaces
• Security: Gated community
• Utilities: Sewer: in-street paid
• Home design: Detached double-wide mobile home; One story; Senior park; Park Name: Date Palm Country Club; Mobile home manufactured by Bendix (manufacture date 01/01/1975); Mobile home to remain; Mobile home dimensions approximately 12' x 58.5'
• Construction: Year built per assessor; One shed on property
• Exterior features: Located on a golf course; Golf course within development; Mountain views; Has view; Gated community

Interior

• Flooring: Carpet; Linoleum
• Bathrooms: 1 full bath; 1 three-quarter bath
• Heating & cooling: Forced air heating; Air conditioning
• Interior features: Ground-level entry with steps; Unfurnished; Living/Dining combo; Dining area; Living room; No fireplace

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $45k.

Deal economics

• At list price, monthly cash flow is $2k ($23k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $45k).
• Recommended offer: $44k (3.0% below list) — sets the bar for market timing.
• Cap rate 57.1% 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+, amenities D-, cost of living F.
• 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.
• Zoned schools: Rancho Mirage Elementary (309 students, 86% FRL); Nellie N. Coffman Middle (953 students, 98% FRL); Cathedral City High (math 25% / reading 61%, grade F, #460 of 1,170 statewide, top 40%, 1,395 students, 98% FRL) — zoned schools average 94% FRL vs 73% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.2%/yr); 529 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
• At $2,800/mo this rent would consume 46% of the median local household income ($74k/yr) (locally 1682% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $310 of loan paydown is wiped out by about $1k 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 $13k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($44k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 9y ago; this cycle's ask has dropped $5k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $43,553 (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. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 6.24% ✓
• Cap rate: 57.11%
• Cash-on-cash: 181.50%
• DSCR: 9.08
• GRM: 1.3

CMA / ARV

• ARV (median comp): $115,082
• List price: $44,900
• Delta: -60.98%
• 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
443 Paseo Perdido	0.18mi	2/2.0	1,440 (0%)	0mo	$65,000	$45	91
464 Cerritos Way	0.17mi	2/2.0	1,440 (0%)	2mo	$95,000	$66	90
409 S Paseo Laredo	0.19mi	2/2.0	1,440 (0%)	2mo	$58,000	$40	90
318 Via Don Benito	0.15mi	2/2.0	1,536 (+7%)	2mo	$85,000	$55	80
284 Avenida Andorra	0.04mi	3/2.0 (+1)	1,536 (+7%)	4mo	$189,000	$123	78
309 Via Don Benito	0.19mi	2/2.0	1,560 (+8%)	0mo	$119,000	$76	77
447 Paseo Perdido	0.17mi	2/2.0	1,590 (+10%)	1mo	$55,000	$35	74
337 Via Don Benito	0.19mi	2/2.0	1,608 (+12%)	0mo	$77,000	$48	72
379 Avenida Andorra	0.01mi	2/2.0	1,640 (+14%)	6mo	$120,000	$73	71
229 Calle Leandro	0.70mi	2/2.0	1,440 (0%)	3mo	$90,000	$63	65
67 Paseo Laredo North	0.74mi	2/2.0	1,440 (0%)	1mo	$55,000	$38	65
149 Capri St	0.68mi	2/2.0	1,500 (+4%)	1mo	$170,000	$113	60

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: —
• Equity multiple: 10.11×
• Total profit: $114,499
• Equity at exit: $6,695

10-year hold

• IRR: —
• Equity multiple: 21.55×
• Total profit: $258,385
• Equity at exit: $3,882

Cash invested: $12,572 (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 92234

• Home prices YoY: -27.7%
• Rents YoY: 3.2%
• Active inventory: 529
• Price-to-rent: 1.3×

Monthly cashflow live

• Estimated rent: $2,800 high
• Mortgage (P&I): −$235
• Tax est. 1.5%: −$56 /mo · $674/yr
• Insurance: −$19
• HOA: −$0
• Vacancy / Maint / Mgmt: −$588
• Net cashflow: $1,902

Break-even live

Break-even rent $393

Max offer price $44,900

Occupancy floor 27%

Sensitivity live

Price	-10% $1,933	-5% $1,917	+0% $1,902	+5% $1,886	+10% $1,871
Rent	-10% $1,680	-5% $1,791	+0% $1,902	+5% $2,012	+10% $2,123
Rate	-1.0pp $1,924	-0.5pp $1,913	base $1,902	+0.5pp $1,890	+1.0pp $1,878

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: $11,225
• Closing costs: $1,347
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
37800 Da Vall Dr #12 Rancho Mirage, CA	2.0	2.0	1387	$2,400	$1.73	45d	1	0.29mi
70170 Sun Valley Dr Rancho Mirage, CA	2.0	2.0	1368	$3,800	$2.78	6d	1	0.32mi
251 S Paseo Laredo Cathedral City, CA	2.0	2.0	1440	$2,400	$1.67	45d	1	0.37mi
251 S Paseo Laredo Unit 251 Cathedral City, CA	1.0	2.0	1440	$2,550	$1.77	26d	1	0.37mi
250 S Paseo Laredo Cathedral City, CA	2.0	2.0	1600	$1,800	$1.12	14d	1	0.37mi
70100 Mirage Cove Dr #10 Rancho Mirage, CA	3.0	2.0	1570	$3,000	$1.91	45d	1	0.76mi
36040 Avenida de las Montanas Unit E Cathedral City, CA	2.0	2.0	1220	$3,200	$2.62	45d	1	0.77mi
8 Mission Ct Rancho Mirage, CA	2.0	2.0	1540	$2,500	$1.62	20d	1	0.86mi
38 Mission Ct Rancho Mirage, CA	3.0	3.0	1382	$3,500	$2.53	45d	1	0.89mi
35 Mission Ct Rancho Mirage, CA	3.0	2.0	1382	$4,125	$2.98	45d	1	0.90mi
35090 Mission Hills Dr Rancho Mirage, CA	2.0	2.0	1596	$3,950	$2.47	26d	1	0.92mi
35082 Mission Hills Dr Rancho Mirage, CA	2.0	2.5	1624	$3,250	$2.00	14d	1	0.94mi
159 Estrada Way Cathedral City, CA	3.0	2.0	1800	$2,850	$1.58	45d	1	0.95mi
152 Estrada Way #152 Cathedral City, CA	2.0	2.0	1500	$2,200	$1.47	45d	1	0.97mi
35054 Mission Hills Dr Rancho Mirage, CA	2.0	2.0	1396	$2,549	$1.83	6d	1	1.04mi
68695 F St Cathedral City, CA	3.0	2.5	896	$2,500	$2.79	45d	1	1.18mi
35615 Paseo Circulo E Cathedral City, CA	1.0	2.0	1029	$2,250	$2.19	45d	1	1.24mi
39905 Estates Rd Unit 3 Rancho Mirage, CA	2.0	2.0	1000	$1,800	$1.80	26d	1	1.25mi
68882 Calle Mula Cathedral City, CA	2.0	2.0	1714	$2,500	$1.46	22d	1	1.28mi
69200 Nilda Dr Cathedral City, CA	3.0	2.0	1330	$2,495	$1.88	23d	1	1.28mi
39955 Estates Rd Apt 11 Rancho Mirage, CA	2.0	2.0	1000	$2,395	$2.40	6d	1	1.30mi
40080 Via Buena Vista Rancho Mirage, CA	3.0	3.0	1848	$3,800	$2.06	26d	1	1.38mi
68859 Paseo Real Cathedral City, CA	2.0	2.0	1406	$3,960	$2.82	45d	1	1.42mi
68859 Paseo Real Cathedral City, CA	2.0	2.0	1406	$3,960	$2.82	16d	1	1.42mi
34750 Marcia Rd Unit 02 Cathedral City, CA	3.0	2.0	1325	$2,000	$1.51	19d	1	1.45mi
69646 Antonia Way Rancho Mirage, CA	2.0	2.0	966	$2,450	$2.54	20d	1	1.49mi

Listing history 25 events

1. 2026-06-21
   days on market $44,900 Active 41 DOM
2. 2026-06-18
   days on market $44,900 Active 38 DOM
3. 2026-06-17
   days on market $44,900 Active 37 DOM
4. 2026-06-16
   days on market $44,900 Active 36 DOM
5. 2026-06-15
   days on market $44,900 Active 35 DOM
6. 2026-06-13
   days on market $44,900 Active 33 DOM
7. 2026-06-13
   days on market $44,900 Active 32 DOM
8. 2026-06-09
   days on market $44,900 Active 29 DOM
9. 2026-06-08
   days on market $44,900 Active 28 DOM
10. 2026-06-07
    days on market $44,900 Active 27 DOM
11. 2026-06-04
    days on market $44,900 Active 24 DOM
12. 2026-06-03
    days on market $44,900 Active 23 DOM
13. 2026-06-02
    days on market $44,900 Active 22 DOM
14. 2026-06-01
    days on market $44,900 Active 21 DOM
15. 2026-05-31
    days on market $44,900 Active 20 DOM
16. 2026-05-11
    listed $49,999 Active 980-char remark
17. 2026-05-03
    historical
18. 2026-03-31
    price $51,000
19. 2026-02-28
    price $58,000
20. 2026-02-02
    listed $89,000 Active
21. 2017-10-17
    soldstatus $49,500 Closed

    Show marketing remark (297 chars)

    Beautifully maintained spectacular view property with lots of parking and a great newer kitchen with a central Island. Lots of storage and a great patio both side and back. Plus there is a large workshop and golf cart garage that you can drive through with doors each end. Good price for this home

22. 2017-10-17
    soldstatus $49,500 Sold

    Show marketing remark (297 chars)

    Beautifully maintained spectacular view property with lots of parking and a great newer kitchen with a central Island. Lots of storage and a great patio both side and back. Plus there is a large workshop and golf cart garage that you can drive through with doors each end. Good price for this home

23. 2017-10-05
    status Pending

    Show marketing remark (297 chars)

    Beautifully maintained spectacular view property with lots of parking and a great newer kitchen with a central Island. Lots of storage and a great patio both side and back. Plus there is a large workshop and golf cart garage that you can drive through with doors each end. Good price for this home

24. 2017-09-29
    price $49,500

    Show marketing remark (297 chars)

    Beautifully maintained spectacular view property with lots of parking and a great newer kitchen with a central Island. Lots of storage and a great patio both side and back. Plus there is a large workshop and golf cart garage that you can drive through with doors each end. Good price for this home

25. 2017-07-21
    listed $65,000 Active

    Show marketing remark (297 chars)

    Beautifully maintained spectacular view property with lots of parking and a great newer kitchen with a central Island. Lots of storage and a great patio both side and back. Plus there is a large workshop and golf cart garage that you can drive through with doors each end. Good price for this home

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥113°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,598
• − Mortgage interest: −$2,515
• − Property taxes: −$674
• − Insurance: −$224
• − Repairs & maintenance: −$2,688
• − Management: −$2,688
• − Depreciation: −$1,306
• Taxable income: $23,503
• Est. tax owed @ 24.0%: −$5,641
• After-tax cash flow: $17,178/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
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-30.9% since first listed

11 events — show timeline

• 2026-05-26 Price Changed $44,900 GPSMLS
• 2026-05-11 Listed $49,999 GPSMLS
• 2026-05-03 Listing Removed — GPSMLS
• 2026-03-31 Price Changed $51,000 GPSMLS
• 2026-02-28 Price Changed $58,000 GPSMLS
• 2026-02-02 Listed $89,000 GPSMLS
• 2017-10-17 Sold (MLS) $49,500 GPSMLS
• 2017-10-17 Sold (MLS) $49,500 GPSMLS
• 2017-10-05 Pending — GPSMLS
• 2017-09-29 Price Changed $49,500 GPSMLS
• 2017-07-21 Listed $65,000 GPSMLS