29161 Isleta Ct · Cathedral City, CA 92234

$309,900

2 bd · 2.0 ba · 1,285 sqft · Condo public records · 392 Days on market

Built 1986 $241/sqft · 6% below area Est $331k · 6% under $954/mo HOA · 22% of rent

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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 +22.7/30.0
• ARV discount +10.4/15.0
• 1% rule +9.2/10.0
• DSCR +7.3/10.0
• 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

NOW REDUCED 50K!!!!!Fabulous upgrades on this unit over the years. You'll feel like you at a hotel! Beautiful Travertine flooring throughout, beautiful kitchen cabinets, stainless steel appliances, located on the "best" street in the Desert Princess! The "primary" bedroom has high ceilings and wonderful crown molding. The primary bath has lots of closet space, and a locked closet for the owner's use only. It also has double sinks, and an unbelievable Travertine shower with a wand and a rain shower head. Outside, you can enjoy the golfers driving by as you sip your morning coffee! The wellness center is just down the street, with all the machines you need to stay fit! There is also, Raquet ball and even Massages that can be booked. Tennis and pickle ball courts are right outside! The golf registration is another minute down the road. The complex has 32 pools and spas. The golf course is a resort style with a 27 hole gorgeous golf course. The golf annex has a great restaurant, bar, and snack shop next to the starters golf shop. Desert Princess Hotel offers a great restaurant and a few bars. Just across the street is Starbucks, IHOP, and a huge Stater Brothers!. The just a short drive to downtown Palm Springs and 10 minutes to Rancho Mirage, Agua Caliente Casino, and Costco and Indian Wells a few minutes farther. For the price, this is the nicest 3 bedroom, 2 bath on the market. Remember, 55 years or older community

Key facts

• Locked closet
• Double sinks
• Travertine shower

Tags

• TRAVERTINE FLOORING
• STAINLESS STEEL APPLIANCES
• CROWN MOLDING
• LOCKED CLOSET
• DOUBLE SINKS
• TRAVERTINE SHOWER

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $310k.

Deal economics

• At list price, monthly cash flow is $534 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $310k).
• Recommended offer: $273k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.4% 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); 530 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 88% 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 $4,388/mo this rent would consume 72% 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 $2k of loan paydown is wiped out by about $9k 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.

Negotiation context

• It's been on market 392 days — a 12% lower offer ($273k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 25y ago; this cycle's ask has dropped $49k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $107k; list at $310k implies a 190% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 22% of rent.
• Climate carrying-cost: extreme-heat days projected 3→9/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $272,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 392 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
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 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?
7. 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.
8. 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.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.42% ✓
• Cap rate: 8.36%
• Cash-on-cash: 7.39%
• DSCR: 1.33
• GRM: 5.9

CMA / ARV

• ARV (median comp): $331,279
• List price: $309,900
• Delta: -6.45%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.22% rent growth · sell at horizon

5-year hold

• IRR: -4.5%
• Equity multiple: 0.83×
• Total profit: $-14,652
• Equity at exit: $46,207

10-year hold

• IRR: 5.7%
• Equity multiple: 1.43×
• Total profit: $37,326
• Equity at exit: $26,794

Cash invested: $86,772 (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: 530
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $4,388 high
• Mortgage (P&I): −$1,625
• Tax from tax record: −$223 /mo · $2,682/yr
• Insurance: −$129
• HOA: −$954
• Vacancy / Maint / Mgmt: −$921
• Net cashflow: $534

Break-even live

Break-even rent $3,711

Max offer price $309,900

Occupancy floor 83%

Sensitivity live

Price	-10% $710	-5% $622	+0% $534	+5% $447	+10% $359
Rent	-10% $188	-5% $361	+0% $534	+5% $708	+10% $881
Rate	-1.0pp $691	-0.5pp $613	base $534	+0.5pp $454	+1.0pp $372

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: $77,475
• Closing costs: $9,297
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
67727 S Natoma Dr Cathedral City, CA	2.0	3.0	1425	$4,500	$3.16	44d	1	0.09mi
29118 Desert Princess Dr Unit 702 Cathedral City, CA	2.0	2.0	1212	$4,200	$3.47	44d	1	0.10mi
67665 Lagos Way Cathedral City, CA	3.0	2.0	1285	$4,500	$3.50	44d	1	0.15mi
29576 Sandy Ct Cathedral City, CA	3.0	2.0	1503	$5,000	$3.33	44d	1	0.16mi
67659 S Natoma Dr Cathedral City, CA	2.0	2.5	1684	$6,800	$4.04	44d	1	0.16mi
28964 Desert Princess Dr Cathedral City, CA	2.0	2.0	1177	$2,700	$2.29	44d	1	0.17mi
67646 S Natoma Dr Cathedral City, CA	2.0	3.0	1686	$6,000	$3.56	44d	1	0.18mi
67683 S Laguna Dr Cathedral City, CA	2.0	3.0	1825	$5,000	$2.74	44d	1	0.18mi
29199 E Portales Dr Unit 702 Cathedral City, CA	2.0	2.0	1177	$4,200	$3.57	44d	1	0.19mi
28859 Desert Princess Dr Cathedral City, CA	3.0	2.0	1285	$3,700	$2.88	44d	1	0.19mi
29521 E Trancas Dr Cathedral City, CA	2.0	3.0	1576	$5,500	$3.49	44d	1	0.20mi
28914 Desert Princess Dr Unit 702 Palm Springs, CA	2.0	2.0	1212	$4,200	$3.47	25d	1	0.20mi
28868 Isleta Ct Cathedral City, CA	2.0	2.0	1285	$4,900	$3.81	44d	1	0.21mi
28868 Isleta Ct Unit 702 Cathedral City, CA	2.0	2.0	1285	$4,900	$3.81	25d	1	0.21mi
29631 W Trancas Dr Cathedral City, CA	2.0	2.5	1533	$6,300	$4.11	44d	1	0.21mi
67636 S Natoma Dr Cathedral City, CA	2.0	2.5	1533	$5,000	$3.26	44d	1	0.22mi
67595 Lagos Way Cathedral City, CA	3.0	3.0	1285	$3,500	$2.72	44d	1	0.22mi
29756 Sandy Ct Cathedral City, CA	3.0	3.0	1732	$4,900	$2.83	44d	1	0.23mi
28827 Isleta Ct Cathedral City, CA	3.0	2.0	1285	$4,500	$3.50	44d	1	0.23mi
29704 W Trancas Dr Cathedral City, CA	2.0	2.5	1425	$6,000	$4.21	44d	1	0.24mi
29777 Sandy Ct Cathedral City, CA	3.0	3.0	1841	$5,000	$2.72	44d	1	0.24mi
67568 S Laguna Dr Cathedral City, CA	3.0	2.5	1825	$7,000	$3.84	25d	1	0.24mi
29500 Landau Blvd Unit B Cathedral City, CA	3.0	3.0	1800	$1,300	$0.72	0d	1	0.26mi
67579 S Laguna Dr Cathedral City, CA	2.0	2.5	1704	$6,300	$3.70	44d	1	0.26mi
67550 S Laguna Dr Cathedral City, CA	2.0	3.0	1825	$5,500	$3.01	44d	1	0.26mi
28764 Taos Ct Cathedral City, CA	2.0	2.0	1177	$4,400	$3.74	44d	1	0.27mi
28920 W Natoma Dr Cathedral City, CA	2.0	2.0	1177	$4,000	$3.40	44d	1	0.29mi
67645 Cielo Ct Cathedral City, CA	2.0	2.5	1604	$6,800	$4.24	44d	1	0.29mi
28656 Taos Ct Cathedral City, CA	2.0	2.0	1177	$2,200	$1.87	44d	1	0.30mi
29017 W Natoma Dr Cathedral City, CA	2.0	2.0	1177	$2,395	$2.03	44d	1	0.30mi
29578 W Laguna Dr Cathedral City, CA	2.0	3.0	1604	$7,000	$4.36	44d	1	0.31mi
28763 E Portales Dr Cathedral City, CA	2.0	2.0	984	$4,200	$4.27	8d	1	0.31mi
68125 Alva Ct Cathedral City, CA	3.0	2.0	1544	$3,200	$2.07	44d	1	0.31mi
67613 Cielo Ct Cathedral City, CA	3.0	2.5	1825	$6,500	$3.56	44d	1	0.32mi
29899 E Trancas Dr Cathedral City, CA	2.0	2.0	1690	$4,000	$2.37	44d	1	0.33mi
28602 Taos Ct Cathedral City, CA	2.0	2.0	1212	$4,000	$3.30	44d	1	0.33mi
29488 W Laguna Dr Cathedral City, CA	3.0	3.0	1604	$5,500	$3.43	44d	1	0.34mi
29581 W Laguna Dr Cathedral City, CA	3.0	3.0	1825	$6,000	$3.29	44d	1	0.34mi
29869 W Laguna Dr Cathedral City, CA	2.0	3.0	1604	$5,700	$3.55	44d	1	0.35mi
29348 W Laguna Dr Cathedral City, CA	2.0	2.5	1650	$6,300	$3.82	44d	1	0.36mi

HOA detail condo

• Monthly dues: $954 · $11,448/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 40 events

1. 2026-06-21
   days on market $309,900 Active 392 DOM
2. 2026-06-18
   days on market $309,900 Active 389 DOM
3. 2026-06-17
   days on market $309,900 Active 388 DOM
4. 2026-06-16
   days on market $309,900 Active 387 DOM
5. 2026-06-15
   days on market $309,900 Active 386 DOM
6. 2026-06-13
   days on market $309,900 Active 384 DOM
7. 2026-06-13
   days on market $309,900 Active 383 DOM
8. 2026-06-09
   days on market $309,900 Active 380 DOM
9. 2026-06-08
   days on market $309,900 Active 379 DOM
10. 2026-06-07
    days on market $309,900 Active 378 DOM
11. 2026-06-04
    days on market $309,900 Active 375 DOM
12. 2026-06-03
    days on market $309,900 Active 374 DOM
13. 2026-06-02
    days on market $309,900 Active 373 DOM
14. 2026-06-01
    days on market $309,900 Active 372 DOM
15. 2026-05-31
    days on market $309,900 Active 371 DOM
16. 2026-02-21
    price $309,900 1456-char remark

    Show marketing remark (1456 chars)

    NOW REDUCED 50K!!!!!Fabulous upgrades on this unit over the years. You'll feel like you at a hotel! Beautiful Travertine flooring throughout, beautiful kitchen cabinets, stainless steel appliances, located on the "best" street in the Desert Princess! The "primary" bedroom has high ceilings and wonderful crown molding. The primary bath has lots of closet space, and a locked closet for the owner's use only. It also has double sinks, and an unbelievable Travertine shower with a wand and a rain shower head. Outside, you can enjoy the golfers driving by as you sip your morning coffee! The wellness center is just down the street, with all the machines you need to stay fit! There is also, Raquet ball and even Massages that can be booked. Tennis and pickle ball courts are right outside! The golf registration is another minute down the road. The complex has 32 pools and spas. The golf course is a resort style with a 27 hole gorgeous golf course. The golf annex has a great restaurant, bar, and snack shop next to the starters golf shop. Desert Princess Hotel offers a great restaurant and a few bars. Just across the street is Starbucks, IHOP, and a huge Stater Brothers!. The just a short drive to downtown Palm Springs and 10 minutes to Rancho Mirage, Agua Caliente Casino, and Costco and Indian Wells a few minutes farther. For the price, this is the nicest 3 bedroom, 2 bath on the market. Remember, 55 years or older community

17. 2026-01-13
    price $319,900 1456-char remark

    Show marketing remark (1456 chars)

    NOW REDUCED 50K!!!!!Fabulous upgrades on this unit over the years. You'll feel like you at a hotel! Beautiful Travertine flooring throughout, beautiful kitchen cabinets, stainless steel appliances, located on the "best" street in the Desert Princess! The "primary" bedroom has high ceilings and wonderful crown molding. The primary bath has lots of closet space, and a locked closet for the owner's use only. It also has double sinks, and an unbelievable Travertine shower with a wand and a rain shower head. Outside, you can enjoy the golfers driving by as you sip your morning coffee! The wellness center is just down the street, with all the machines you need to stay fit! There is also, Raquet ball and even Massages that can be booked. Tennis and pickle ball courts are right outside! The golf registration is another minute down the road. The complex has 32 pools and spas. The golf course is a resort style with a 27 hole gorgeous golf course. The golf annex has a great restaurant, bar, and snack shop next to the starters golf shop. Desert Princess Hotel offers a great restaurant and a few bars. Just across the street is Starbucks, IHOP, and a huge Stater Brothers!. The just a short drive to downtown Palm Springs and 10 minutes to Rancho Mirage, Agua Caliente Casino, and Costco and Indian Wells a few minutes farther. For the price, this is the nicest 3 bedroom, 2 bath on the market. Remember, 55 years or older community

18. 2026-01-13
    price $309,900 1456-char remark

    Show marketing remark (1456 chars)

    NOW REDUCED 50K!!!!!Fabulous upgrades on this unit over the years. You'll feel like you at a hotel! Beautiful Travertine flooring throughout, beautiful kitchen cabinets, stainless steel appliances, located on the "best" street in the Desert Princess! The "primary" bedroom has high ceilings and wonderful crown molding. The primary bath has lots of closet space, and a locked closet for the owner's use only. It also has double sinks, and an unbelievable Travertine shower with a wand and a rain shower head. Outside, you can enjoy the golfers driving by as you sip your morning coffee! The wellness center is just down the street, with all the machines you need to stay fit! There is also, Raquet ball and even Massages that can be booked. Tennis and pickle ball courts are right outside! The golf registration is another minute down the road. The complex has 32 pools and spas. The golf course is a resort style with a 27 hole gorgeous golf course. The golf annex has a great restaurant, bar, and snack shop next to the starters golf shop. Desert Princess Hotel offers a great restaurant and a few bars. Just across the street is Starbucks, IHOP, and a huge Stater Brothers!. The just a short drive to downtown Palm Springs and 10 minutes to Rancho Mirage, Agua Caliente Casino, and Costco and Indian Wells a few minutes farther. For the price, this is the nicest 3 bedroom, 2 bath on the market. Remember, 55 years or older community

19. 2025-09-22
    price $329,900 1456-char remark

    Show marketing remark (1456 chars)

    NOW REDUCED 50K!!!!!Fabulous upgrades on this unit over the years. You'll feel like you at a hotel! Beautiful Travertine flooring throughout, beautiful kitchen cabinets, stainless steel appliances, located on the "best" street in the Desert Princess! The "primary" bedroom has high ceilings and wonderful crown molding. The primary bath has lots of closet space, and a locked closet for the owner's use only. It also has double sinks, and an unbelievable Travertine shower with a wand and a rain shower head. Outside, you can enjoy the golfers driving by as you sip your morning coffee! The wellness center is just down the street, with all the machines you need to stay fit! There is also, Raquet ball and even Massages that can be booked. Tennis and pickle ball courts are right outside! The golf registration is another minute down the road. The complex has 32 pools and spas. The golf course is a resort style with a 27 hole gorgeous golf course. The golf annex has a great restaurant, bar, and snack shop next to the starters golf shop. Desert Princess Hotel offers a great restaurant and a few bars. Just across the street is Starbucks, IHOP, and a huge Stater Brothers!. The just a short drive to downtown Palm Springs and 10 minutes to Rancho Mirage, Agua Caliente Casino, and Costco and Indian Wells a few minutes farther. For the price, this is the nicest 3 bedroom, 2 bath on the market. Remember, 55 years or older community

20. 2025-07-18
    price $339,900 1456-char remark

    Show marketing remark (1456 chars)

    NOW REDUCED 50K!!!!!Fabulous upgrades on this unit over the years. You'll feel like you at a hotel! Beautiful Travertine flooring throughout, beautiful kitchen cabinets, stainless steel appliances, located on the "best" street in the Desert Princess! The "primary" bedroom has high ceilings and wonderful crown molding. The primary bath has lots of closet space, and a locked closet for the owner's use only. It also has double sinks, and an unbelievable Travertine shower with a wand and a rain shower head. Outside, you can enjoy the golfers driving by as you sip your morning coffee! The wellness center is just down the street, with all the machines you need to stay fit! There is also, Raquet ball and even Massages that can be booked. Tennis and pickle ball courts are right outside! The golf registration is another minute down the road. The complex has 32 pools and spas. The golf course is a resort style with a 27 hole gorgeous golf course. The golf annex has a great restaurant, bar, and snack shop next to the starters golf shop. Desert Princess Hotel offers a great restaurant and a few bars. Just across the street is Starbucks, IHOP, and a huge Stater Brothers!. The just a short drive to downtown Palm Springs and 10 minutes to Rancho Mirage, Agua Caliente Casino, and Costco and Indian Wells a few minutes farther. For the price, this is the nicest 3 bedroom, 2 bath on the market. Remember, 55 years or older community

21. 2025-06-16
    price $349,900 1456-char remark

    Show marketing remark (1456 chars)

    NOW REDUCED 50K!!!!!Fabulous upgrades on this unit over the years. You'll feel like you at a hotel! Beautiful Travertine flooring throughout, beautiful kitchen cabinets, stainless steel appliances, located on the "best" street in the Desert Princess! The "primary" bedroom has high ceilings and wonderful crown molding. The primary bath has lots of closet space, and a locked closet for the owner's use only. It also has double sinks, and an unbelievable Travertine shower with a wand and a rain shower head. Outside, you can enjoy the golfers driving by as you sip your morning coffee! The wellness center is just down the street, with all the machines you need to stay fit! There is also, Raquet ball and even Massages that can be booked. Tennis and pickle ball courts are right outside! The golf registration is another minute down the road. The complex has 32 pools and spas. The golf course is a resort style with a 27 hole gorgeous golf course. The golf annex has a great restaurant, bar, and snack shop next to the starters golf shop. Desert Princess Hotel offers a great restaurant and a few bars. Just across the street is Starbucks, IHOP, and a huge Stater Brothers!. The just a short drive to downtown Palm Springs and 10 minutes to Rancho Mirage, Agua Caliente Casino, and Costco and Indian Wells a few minutes farther. For the price, this is the nicest 3 bedroom, 2 bath on the market. Remember, 55 years or older community

22. 2025-05-25
    listed $359,000 Active 1456-char remark

    Show marketing remark (1456 chars)

    NOW REDUCED 50K!!!!!Fabulous upgrades on this unit over the years. You'll feel like you at a hotel! Beautiful Travertine flooring throughout, beautiful kitchen cabinets, stainless steel appliances, located on the "best" street in the Desert Princess! The "primary" bedroom has high ceilings and wonderful crown molding. The primary bath has lots of closet space, and a locked closet for the owner's use only. It also has double sinks, and an unbelievable Travertine shower with a wand and a rain shower head. Outside, you can enjoy the golfers driving by as you sip your morning coffee! The wellness center is just down the street, with all the machines you need to stay fit! There is also, Raquet ball and even Massages that can be booked. Tennis and pickle ball courts are right outside! The golf registration is another minute down the road. The complex has 32 pools and spas. The golf course is a resort style with a 27 hole gorgeous golf course. The golf annex has a great restaurant, bar, and snack shop next to the starters golf shop. Desert Princess Hotel offers a great restaurant and a few bars. Just across the street is Starbucks, IHOP, and a huge Stater Brothers!. The just a short drive to downtown Palm Springs and 10 minutes to Rancho Mirage, Agua Caliente Casino, and Costco and Indian Wells a few minutes farther. For the price, this is the nicest 3 bedroom, 2 bath on the market. Remember, 55 years or older community

23. 2013-08-28
    soldstatus $107,000 Closed 887-char remark

    Show marketing remark (887 chars)

    This 3-bedroom condo is a STANDARD SALE but almost to foreclosure. Property is being sold in an AS IS CONDITION and may or may not come furnished. Enjoy Western views from the patio of this condo. It is a bright and light unit that has been partially remodeled. The kitchen and dining room are exceptionally open to the living room and to entertaining. The Desert Princess has an affordable 27-hole PGA Championship golf course, no Tee-time lotteries, no initiation fees, rated among the best in the valley by GOLF DIGEST. This quiet community is away from the noise yet minutes from everything that is in Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, P. S. Follies, Theaters, and the Street Fair. Also, featuring 33-swimming pools; 10-tennis courts; a state-of-the-art fitness center and a very active country club, restaurant and bar.

24. 2013-08-22
    soldstatus $107,000
25. 2013-07-18
    status Pending 887-char remark

    Show marketing remark (887 chars)

    This 3-bedroom condo is a STANDARD SALE but almost to foreclosure. Property is being sold in an AS IS CONDITION and may or may not come furnished. Enjoy Western views from the patio of this condo. It is a bright and light unit that has been partially remodeled. The kitchen and dining room are exceptionally open to the living room and to entertaining. The Desert Princess has an affordable 27-hole PGA Championship golf course, no Tee-time lotteries, no initiation fees, rated among the best in the valley by GOLF DIGEST. This quiet community is away from the noise yet minutes from everything that is in Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, P. S. Follies, Theaters, and the Street Fair. Also, featuring 33-swimming pools; 10-tennis courts; a state-of-the-art fitness center and a very active country club, restaurant and bar.

26. 2013-07-04
    price $107,000 887-char remark

    Show marketing remark (887 chars)

    This 3-bedroom condo is a STANDARD SALE but almost to foreclosure. Property is being sold in an AS IS CONDITION and may or may not come furnished. Enjoy Western views from the patio of this condo. It is a bright and light unit that has been partially remodeled. The kitchen and dining room are exceptionally open to the living room and to entertaining. The Desert Princess has an affordable 27-hole PGA Championship golf course, no Tee-time lotteries, no initiation fees, rated among the best in the valley by GOLF DIGEST. This quiet community is away from the noise yet minutes from everything that is in Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, P. S. Follies, Theaters, and the Street Fair. Also, featuring 33-swimming pools; 10-tennis courts; a state-of-the-art fitness center and a very active country club, restaurant and bar.

27. 2013-05-08
    listed $168,000 Active 887-char remark

    Show marketing remark (887 chars)

    This 3-bedroom condo is a STANDARD SALE but almost to foreclosure. Property is being sold in an AS IS CONDITION and may or may not come furnished. Enjoy Western views from the patio of this condo. It is a bright and light unit that has been partially remodeled. The kitchen and dining room are exceptionally open to the living room and to entertaining. The Desert Princess has an affordable 27-hole PGA Championship golf course, no Tee-time lotteries, no initiation fees, rated among the best in the valley by GOLF DIGEST. This quiet community is away from the noise yet minutes from everything that is in Palm Springs; restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, P. S. Follies, Theaters, and the Street Fair. Also, featuring 33-swimming pools; 10-tennis courts; a state-of-the-art fitness center and a very active country club, restaurant and bar.

28. 2007-06-06
    soldstatus $235,000 Closed
29. 2007-04-21
    historical
30. 2007-02-03
    price $239,000
31. 2006-09-08
    listed $249,900
32. 2005-05-25
    soldstatus $245,000
33. 2005-02-28
    listed $249,000
34. 2004-01-12
    historical
35. 2003-12-07
    listed $150,000
36. 2003-09-08
    historical
37. 2003-03-07
    listed $125,000
38. 2001-05-10
    listed $114,000
39. 2001-05-07
    historical
40. 2001-02-10
    listed $114,000

ⓘ 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: $2,682 · $223/mo
• Projected year-2 tax: $2,682 · $223/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 3 d/yr ≥112°F today · 9 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

Taxation est. · year 1

• Rental income: $52,651
• − Mortgage interest: −$17,359
• − Property taxes: −$2,682
• − Insurance: −$1,550
• − Repairs & maintenance: −$4,212
• − Management: −$4,212
• − HOA: −$11,448
• − Depreciation: −$9,015
• Taxable income: $2,173
• Est. tax owed @ 24.0%: −$522
• After-tax cash flow: $5,892/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

+171.8% since first listed

25 events — show timeline

• 2026-02-21 Price Changed $309,900 CRMLS
• 2026-01-13 Price Changed $319,900 CRMLS
• 2026-01-13 Price Changed $309,900 CRMLS
• 2025-09-22 Price Changed $329,900 CRMLS
• 2025-07-18 Price Changed $339,900 CRMLS
• 2025-06-16 Price Changed $349,900 CRMLS
• 2025-05-25 Listed $359,000 CRMLS
• 2013-08-28 Sold (MLS) $107,000 GPSMLS
• 2013-08-22 Sold (Public Records) $107,000 Public Records
• 2013-07-18 Pending — GPSMLS
• 2013-07-04 Price Changed $107,000 GPSMLS
• 2013-05-08 Listed $168,000 GPSMLS
• 2007-06-06 Sold (MLS) $235,000 GPSMLS
• 2007-04-21 Listing Removed — GPSMLS
• 2007-02-03 Price Changed $239,000 GPSMLS
• 2006-09-08 Listed $249,900 GPSMLS
• 2005-05-25 Sold (MLS) $245,000 GPSMLS
• 2005-02-28 Listed $249,000 GPSMLS
• 2004-01-12 Listing Removed — GPSMLS
• 2003-12-07 Listed $150,000 GPSMLS
• 2003-09-08 Listing Removed — GPSMLS
• 2003-03-07 Listed $125,000 GPSMLS
• 2001-05-10 Listed $114,000 GPSMLS
• 2001-05-07 Listing Removed — GPSMLS
• 2001-02-10 Listed $114,000 GPSMLS

Property tax history

+0.7%/yr

Latest (2025): $2,682 · -0.3% YoY. Source: county tax records.