2107 Via Calderia · Palm Desert, CA 92260

$317,500

2 bd · 2.0 ba · 1,278 sqft · Condo · 174 Days on market

Built 2015 Good condition $248/sqft · 13% below area Est $365k · 13% under $981/mo HOA · 24% of rent ↓ 9% since listing

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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 +14.3/30.0
• ARV discount +13.3/15.0
• 1% rule +7.9/10.0
• DSCR +4.3/10.0
• Schools +3.8/10.0
• Condition / age +3.8/5.0
• Rent growth +2.9/5.0
• Livability +2.6/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Amazing Santa Rosa Mountain views. This 2 bedroom - 2 bathroom condo has been well maintained by its original owner. Light and bright with an open floor plan. The kitchen has an expansive center island, granite slab counters with tastefully designed subway tile backsplash. The primary suite has wonderful mountain views with direct access to the spacious patio. The primary bathroom has a large walk in shower, double vanity, walk in closet with access to the laundry room. The secondary bedroom is separated by the great room which allows for privacy. The owned solar panels make this home very energy efficient. Also included is a water softener system and a new tankless water heating system. Villa Portofino is known for being one of the finest 55 and better communities in the valley along with being in a most desired location. Close access to The Shops on El Paseo, McCallum Theater, Eisenhower Medical Center and much more. The Villa Portofino Clubhouse offers a Bistro, formal dining room, private dining room, 100 Seat Movie Theater, library, billiards and poker room, miniature putting course, gym and a heated pool and spa. Call to schedule your tour.

Key facts

• Large walk in shower
• $981 HOA
• 2 garage spots

Tags

• SANTA ROSA MOUNTAIN VIEWS
• EXPANSIVE CENTER ISLAND
• GRANITE SLAB COUNTERS
• SUBWAY TILE BACKSPLASH
• DIRECT ACCESS TO PATIO
• LARGE WALK IN SHOWER

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $318k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $58 ($692/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $318k).
• Recommended offer: $279k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.5% vs local median 3.5% in Palm Desert — 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 51/100 on livability (#1,050 in CA) — a working-class tenant base; expect higher turnover. Strengths: schools A-, employment B+, housing B; Watch: crime D, amenities F, commute F.
• Desert Sands Unified (suburban): math 31% / reading 56% proficiency, ranked #199 of 517 in CA (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.6%/yr); 545 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% 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 $4,092/mo this rent would consume 70% of the median local household income ($70k/yr) (locally 1734% 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 $10k 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 174 days — a 12% lower offer ($279k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: HOA is 24% of rent.
• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $279,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 174 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 A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. Crime grade is D 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?
8. 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.
9. 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.
10. 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: 1.29% ✓
• Cap rate: 6.51%
• Cash-on-cash: 0.78%
• DSCR: 1.03
• GRM: 6.5

CMA / ARV

• ARV (median comp): $364,516
• List price: $317,500
• Delta: -12.90%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.6% rent growth · sell at horizon

5-year hold

• IRR: -17.1%
• Equity multiple: 0.41×
• Total profit: $-52,795
• Equity at exit: $47,340

10-year hold

• IRR: -12.7%
• Equity multiple: 0.31×
• Total profit: $-61,223
• Equity at exit: $27,452

Cash invested: $88,900 (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 92260

• Rents YoY: 1.6%
• Active inventory: 545
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $4,092 high
• Mortgage (P&I): −$1,665
• Tax est. 1.5%: −$397 /mo · $4,762/yr
• Insurance: −$132
• HOA: −$981
• Vacancy / Maint / Mgmt: −$859
• Net cashflow: $58

Break-even live

Break-even rent $4,019

Max offer price $317,500

Occupancy floor 94%

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: $79,375
• Closing costs: $9,525
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1803 Via San Martino Palm Desert, CA	2.0	2.0	1559	$3,900	$2.50	44d	1	0.09mi
2701 Via Calderia Palm Desert, CA	2.0	2.0	1559	$2,850	$1.83	24d	1	0.14mi
40445 Portola Ave Palm Desert, CA	1.0–2.0	1.0–2.0	975	$3,215	$3.30	5d	15	0.15mi
73750 Calle Bisque Palm Desert, CA	3.0	2.0	1537	$6,500	$4.23	44d	1	0.23mi
8 Las Cruces Ln Palm Desert, CA	2.0	2.0	1705	$5,000	$2.93	44d	1	0.24mi
41517 Armanac Ct Palm Desert, CA	3.0	2.0	1537	$3,400	$2.21	3d	1	0.29mi
1 Marbella Ln Palm Desert, CA	2.0	2.0	1080	$4,500	$4.17	44d	1	0.32mi
4 Hermosillo Ln Palm Desert, CA	2.0	2.0	1572	$2,900	$1.84	18d	1	0.33mi
191 Winterhaven Cir Palm Desert, CA	2.0	1.5	1250	$2,800	$2.24	44d	1	0.34mi
166 Wimbledon Ct Palm Desert, CA	2.0	2.0	1250	$3,200	$2.56	44d	1	0.37mi
74300 Country Club Dr Unit 366 Palm Desert, CA	2.0	2.0	1140	$7,170	$6.29	44d	1	0.45mi
74300 Country Club Dr Apt 5001 Palm Desert, CA	2.0	2.0	1099	$7,120	$6.48	44d	1	0.45mi
73373 Country Club Dr Palm Desert, CA	1.0–2.0	1.0–2.0	852	$2,165	$2.54	44d	1	0.46mi
150 Willow Lake Dr Palm Desert, CA	2.0	2.0	1138	$2,500	$2.20	44d	1	0.47mi
73843 Line Canyon Ln Palm Desert, CA	2.0	2.0	1570	$2,100	$1.34	11d	1	0.49mi
206 Lakecrest Ln Palm Desert, CA	2.0	2.0	1138	$2,300	$2.02	11d	1	0.51mi
323 San Remo St Palm Desert, CA	2.0	2.0	1556	$8,500	$5.46	44d	1	0.52mi
363 San Remo St Palm Desert, CA	2.0	2.0	1656	$7,500	$4.53	44d	1	0.55mi
365 San Remo St Palm Desert, CA	2.0	2.0	1303	$5,500	$4.22	44d	1	0.56mi
336 Villena Way Palm Desert, CA	2.0	2.0	1303	$5,500	$4.22	44d	1	0.58mi
337 Villena Way Palm Desert, CA	2.0	2.0	1303	$5,000	$3.84	44d	1	0.62mi
40064 Silktree Ct Palm Desert, CA	3.0	2.0	1712	$3,200	$1.87	24d	1	0.63mi
255 San Remo St Palm Desert, CA	2.0	2.0	1656	$6,600	$3.99	44d	1	0.65mi
311 Villena Way Palm Desert, CA	2.0	2.0	1653	$7,000	$4.23	24d	1	0.65mi
4162 Via Mattina Palm Desert, CA	2.0	2.0	1867	$2,950	$1.58	13d	1	0.66mi
430 S Sierra Madre Palm Desert, CA	2.0	2.0	1303	$5,500	$4.22	44d	1	0.67mi
432 S Sierra Madre Palm Desert, CA	2.0	2.0	1584	$5,300	$3.35	44d	1	0.67mi
352 S Sierra Madre Palm Desert, CA	2.0	2.0	1584	$5,800	$3.66	44d	1	0.69mi
73450 Country Club Dr #120 Palm Desert, CA	2.0	2.0	1856	$2,995	$1.61	11d	1	0.69mi
305 Durango Palm Desert, CA	2.0	2.0	1670	$6,300	$3.77	44d	1	0.70mi
316 S Sierra Madre Palm Desert, CA	2.0	2.0	1656	$5,700	$3.44	44d	1	0.70mi
40255 Sagewood Dr Palm Desert, CA	3.0	2.0	1712	$3,300	$1.93	18d	1	0.73mi
295 Cordoba Way Palm Desert, CA	2.0	2.0	1800	$6,000	$3.33	44d	1	0.75mi
217 Las Lomas Palm Desert, CA	2.0	2.0	1656	$6,300	$3.80	44d	1	0.76mi
248 Strada Fortuna Palm Desert, CA	2.0	2.0	1400	$2,500	$1.79	44d	1	0.76mi
205 Las Lomas Palm Desert, CA	2.0	2.0	1457	$6,000	$4.12	44d	1	0.79mi
39 Camino Arroyo Pl Palm Desert, CA	2.0	2.0	1533	$6,000	$3.91	44d	1	0.80mi
264 Avenida del Sol Palm Desert, CA	2.0	2.0	1800	$6,000	$3.33	44d	1	0.80mi
314 Gran Via Ct Palm Desert, CA	2.0	1.5	1303	$4,700	$3.61	44d	1	0.83mi
73639 Cabazon Peak Dr Palm Desert, CA	2.0	2.0	1717	$2,400	$1.40	44d	1	0.84mi

HOA detail condo

• Monthly dues: $981 · $11,772/yr
• Likely covers: waterpoolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 17 events

1. 2026-06-18
   days on market $317,500 Active 174 DOM
2. 2026-06-17
   days on market $317,500 Active 173 DOM
3. 2026-06-16
   days on market $317,500 Active 172 DOM
4. 2026-06-15
   days on market $317,500 Active 171 DOM
5. 2026-06-13
   days on market $317,500 Active 169 DOM
6. 2026-06-09
   days on market $317,500 Active 165 DOM
7. 2026-06-08
   days on market $317,500 Active 164 DOM
8. 2026-06-07
   pricedays on market $317,500 Active 163 DOM
9. 2026-06-04
   days on market $335,000 Active 160 DOM
10. 2026-06-03
    days on market $335,000 Active 159 DOM
11. 2026-06-02
    days on market $335,000 Active 158 DOM
12. 2026-06-01
    days on market $335,000 Active 157 DOM
13. 2026-05-31
    days on market $335,000 Active 156 DOM
14. 2026-04-22
    price $355,000 1164-char remark

    Show marketing remark (1164 chars)

    Amazing Santa Rosa Mountain views. This 2 bedroom - 2 bathroom condo has been well maintained by its original owner. Light and bright with an open floor plan. The kitchen has an expansive center island, granite slab counters with tastefully designed subway tile backsplash. The primary suite has wonderful mountain views with direct access to the spacious patio. The primary bathroom has a large walk in shower, double vanity, walk in closet with access to the laundry room. The secondary bedroom is separated by the great room which allows for privacy. The owned solar panels make this home very energy efficient. Also included is a water softener system and a new tankless water heating system. Villa Portofino is known for being one of the finest 55 and better communities in the valley along with being in a most desired location. Close access to The Shops on El Paseo, McCallum Theater, Eisenhower Medical Center and much more. The Villa Portofino Clubhouse offers a Bistro, formal dining room, private dining room, 100 Seat Movie Theater, library, billiards and poker room, miniature putting course, gym and a heated pool and spa. Call to schedule your tour.

15. 2026-03-31
    price $365,000 1164-char remark

    Show marketing remark (1164 chars)

    Amazing Santa Rosa Mountain views. This 2 bedroom - 2 bathroom condo has been well maintained by its original owner. Light and bright with an open floor plan. The kitchen has an expansive center island, granite slab counters with tastefully designed subway tile backsplash. The primary suite has wonderful mountain views with direct access to the spacious patio. The primary bathroom has a large walk in shower, double vanity, walk in closet with access to the laundry room. The secondary bedroom is separated by the great room which allows for privacy. The owned solar panels make this home very energy efficient. Also included is a water softener system and a new tankless water heating system. Villa Portofino is known for being one of the finest 55 and better communities in the valley along with being in a most desired location. Close access to The Shops on El Paseo, McCallum Theater, Eisenhower Medical Center and much more. The Villa Portofino Clubhouse offers a Bistro, formal dining room, private dining room, 100 Seat Movie Theater, library, billiards and poker room, miniature putting course, gym and a heated pool and spa. Call to schedule your tour.

16. 2026-02-12
    price $379,000 1164-char remark

    Show marketing remark (1164 chars)

    Amazing Santa Rosa Mountain views. This 2 bedroom - 2 bathroom condo has been well maintained by its original owner. Light and bright with an open floor plan. The kitchen has an expansive center island, granite slab counters with tastefully designed subway tile backsplash. The primary suite has wonderful mountain views with direct access to the spacious patio. The primary bathroom has a large walk in shower, double vanity, walk in closet with access to the laundry room. The secondary bedroom is separated by the great room which allows for privacy. The owned solar panels make this home very energy efficient. Also included is a water softener system and a new tankless water heating system. Villa Portofino is known for being one of the finest 55 and better communities in the valley along with being in a most desired location. Close access to The Shops on El Paseo, McCallum Theater, Eisenhower Medical Center and much more. The Villa Portofino Clubhouse offers a Bistro, formal dining room, private dining room, 100 Seat Movie Theater, library, billiards and poker room, miniature putting course, gym and a heated pool and spa. Call to schedule your tour.

17. 2025-12-26
    listed $390,000 Active 1164-char remark

    Show marketing remark (1164 chars)

    Amazing Santa Rosa Mountain views. This 2 bedroom - 2 bathroom condo has been well maintained by its original owner. Light and bright with an open floor plan. The kitchen has an expansive center island, granite slab counters with tastefully designed subway tile backsplash. The primary suite has wonderful mountain views with direct access to the spacious patio. The primary bathroom has a large walk in shower, double vanity, walk in closet with access to the laundry room. The secondary bedroom is separated by the great room which allows for privacy. The owned solar panels make this home very energy efficient. Also included is a water softener system and a new tankless water heating system. Villa Portofino is known for being one of the finest 55 and better communities in the valley along with being in a most desired location. Close access to The Shops on El Paseo, McCallum Theater, Eisenhower Medical Center and much more. The Villa Portofino Clubhouse offers a Bistro, formal dining room, private dining room, 100 Seat Movie Theater, library, billiards and poker room, miniature putting course, gym and a heated pool and spa. Call to schedule your tour.

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥114°F today · 20 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: $49,107
• − Mortgage interest: −$17,785
• − Property taxes: −$4,762
• − Insurance: −$1,588
• − Repairs & maintenance: −$3,929
• − Management: −$3,929
• − HOA: −$11,772
• − Depreciation: −$9,236
• Taxable loss: −$3,894
• Est. tax savings @ 24.0%: +$934
• After-tax cash flow: $1,627/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This well-maintained 2-bedroom condo is in good condition with a good ROI potential for both resale and rental.

Value-add opportunities

• Both Paint exterior trim — Enhances curb appeal and value
• Both Clean gutters — Improves drainage and property value

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior trim — Enhances curb appeal and value ↑
• Both Clean gutters — Improves drainage and property value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Desert Sands Unified
• NCES district ID: 0611110
• Math proficiency: 31% ▼ -4.00%
• Reading proficiency: 56% ▲ 7.00%
• Median HH income: $54,957
• Composite: 37.77/100
• National rank: #4346
• State rank: #199 of 517 in CA

Livability — Palm Desert

• Score: 51/100
• State rank: #1050
• US rank: #25164

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Desert, CA
• County: Riverside County · 2,287,001 people
• City population: 58,615
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 30,523
• Household income: $70,091
• Rent vs Own: 36.2% rent · 63.8% own
• Severe rent burden: 1734.0

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: Majority White (61%)
• Race & ethnicity: White 61% Hispanic / Latino 31% Two or more races 20% Asian 4% Black 2%
• Hispanic origin (detail): Mexican 25%
• Common ancestry: Italian 4% Lithuanian 3% Slovak 2%
• Foreign-born: 18% · Canada, South Korea, Vietnam
• Languages at home: 73% English-only · Spanish 22% French/Haitian/Cajun 1% Other Indo-European 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: ▼ -364.94%
• Current HPI: 294.9425
• Rent YoY: ▲ 1.60%
• 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

-9.0% since first listed

4 events — show timeline

• 2026-04-22 Price Changed $355,000 GPSMLS
• 2026-03-31 Price Changed $365,000 GPSMLS
• 2026-02-12 Price Changed $379,000 GPSMLS
• 2025-12-26 Listed $390,000 GPSMLS