73635 Adobe Springs Dr · Palm Desert, CA 92260

$299,000

3 bd · 2.0 ba · 1,695 sqft · Manufactured public records · 98 Days on market

Built 1973 5,227 sqft lot $176/sqft · 10% below area Est $328k · 9% under $400/mo HOA · 11% 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 +23.6/30.0
• ARV discount +11.4/15.0
• DSCR +7.6/10.0
• 1% rule +7.0/10.0
• Schools +3.8/10.0
• Rent growth +2.9/5.0
• Livability +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Attention! This home is being sold below appraised value!!!!! This home is on a large lot on a Cul-De Sac close to the Clubhouse! This spacious home is designed for Desert Living. The Living Area provides room for entertaining and office space if needed. The see through fireplace separates the dining area from the living area. The updated kitchen opens to both the dining and living area. The floors are laminated. Enjoy the large master suite with a large walk-in closet. The real jewel of the home is the antique bathroom! There is plenty of storage and easy parking in the carport. There is a tile roof to add to the decor. The golfing is free with ownership! Call for a tour!

Key facts

• Cul-de sac
• Clubhouse
• Walk-in closet

Tags

• LARGE LOT
• CUL-DE SAC
• CLUBHOUSE
• UPDATED KITCHEN
• LARGE MASTER SUITE
• WALK-IN CLOSET

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $299k.

Deal economics

• At list price, monthly cash flow is $565 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $299k).
• Recommended offer: $272k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.6% 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); 65% 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 $3,600/mo this rent would consume 62% 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 $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 98 days — a 9% lower offer ($272k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 8y 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.
• Current owner paid $129k; list at $299k implies a 132% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $272,090 (9.0% below list)

Questions for the listing agent

1. It's been on market 98 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 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: 1.20% ✓
• Cap rate: 8.56%
• Cash-on-cash: 8.10%
• DSCR: 1.36
• GRM: 6.9

CMA / ARV

• ARV (median comp): $327,628
• List price: $299,000
• Delta: -8.74%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
38668 Fawn Springs Dr	0.04mi	3/2.5	1,600 (-6%)	0mo	$410,000	$256	86
38235 Poppet Canyon Dr	0.23mi	2/2.0 (-1)	1,680 (-1%)	0mo	$355,000	$211	83
73297 Highland Springs Dr #2	0.20mi	2/2.0 (-1)	1,800 (+6%)	0mo	$275,000	$153	75
73651 Adobe Dr	0.01mi	2/2.0 (-1)	1,488 (-12%)	1mo	$199,000	$134	74
73450 Country Club Dr #87	0.42mi	3/2.0	1,636 (-4%)	1mo	$222,500	$136	74
73330 Desert Greens Dr N	0.36mi	2/2.0 (-1)	1,740 (+3%)	1mo	$229,080	$132	73
38251 Desert Greens Dr E	0.30mi	2/2.0 (-1)	1,780 (+5%)	1mo	$253,000	$142	72
73450 Country Club Dr Unit Sp. 91	0.42mi	2/2.0 (-1)	1,788 (+6%)	0mo	$255,000	$143	66
39183 Warm Springs Dr	0.27mi	2/2.0 (-1)	1,440 (-15%)	0mo	$200,000	$139	57
73171 Cabazon Peak Dr	0.33mi	2/2.0 (-1)	1,440 (-15%)	1mo	$230,000	$160	54
39800 Desert Greens Dr E	0.74mi	2/2.0 (-1)	1,760 (+4%)	1mo	$365,000	$207	53
39832 Black Mesa Ln	0.63mi	2/2.0 (-1)	1,440 (-15%)	0mo	$260,000	$181	40

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 · 1.6% rent growth · sell at horizon

5-year hold

• IRR: -5.6%
• Equity multiple: 0.79×
• Total profit: $-17,297
• Equity at exit: $44,582

10-year hold

• IRR: 2.2%
• Equity multiple: 1.14×
• Total profit: $12,053
• Equity at exit: $25,852

Cash invested: $83,720 (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: 6.9×

Monthly cashflow live

• Estimated rent: $3,600 high
• Mortgage (P&I): −$1,568
• Tax from tax record: −$187 /mo · $2,242/yr
• Insurance: −$125
• HOA: −$400
• Vacancy / Maint / Mgmt: −$756
• Net cashflow: $565

Break-even live

Break-even rent $2,885

Max offer price $299,000

Occupancy floor 79%

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: $74,750
• Closing costs: $8,970
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
73639 Cabazon Peak Dr Palm Desert, CA	2.0	2.0	1717	$2,400	$1.40	43d	1	0.04mi
38520 Poppet Canyon Dr Palm Desert, CA	2.0	2.0	1392	$3,700	$2.66	43d	1	0.12mi
38250 Azalea Dr Palm Desert, CA	2.0	2.0	1806	$5,500	$3.05	43d	1	0.19mi
73075 Buck Springs Dr Palm Desert, CA	2.0	2.0	1440	$1,950	$1.35	43d	1	0.43mi
73843 Line Canyon Ln Palm Desert, CA	2.0	2.0	1570	$2,100	$1.34	11d	1	0.43mi
73450 Country Club Dr #120 Palm Desert, CA	2.0	2.0	1856	$2,995	$1.61	11d	1	0.44mi
37762 Drexell Dr Palm Desert, CA	4.0	2.0	1724	$4,495	$2.61	24d	1	0.49mi
37677 Emerson Dr Palm Desert, CA	3.0	2.0	1896	$3,600	$1.90	43d	1	0.55mi
37760 Driscoll St Palm Desert, CA	4.0	2.0	1896	$5,200	$2.74	43d	1	0.56mi
4162 Via Mattina Palm Desert, CA	2.0	2.0	1867	$2,950	$1.58	12d	1	0.57mi
37772 Hollister Dr Palm Desert, CA	3.0	2.0	1271	$3,200	$2.52	43d	1	0.59mi
3253 Via Giorna Palm Desert, CA	2.0	2.0	1961	$4,500	$2.29	24d	1	0.61mi
1701 Retreat Cir Palm Desert, CA	3.0	2.5	2034	$5,300	$2.61	43d	1	0.62mi
248 Strada Fortuna Palm Desert, CA	2.0	2.0	1400	$2,500	$1.79	43d	1	0.68mi
170 Via Tramonto Palm Desert, CA	3.0	2.0	1910	$3,900	$2.04	10d	1	0.69mi
170 Via Tramonto Palm Desert, CA	3.0	2.0	1910	$4,000	$2.09	43d	1	0.69mi
302 Retreat Cir Palm Desert, CA	3.0	3.0	2184	$6,000	$2.75	43d	1	0.72mi
502 Retreat Cir Palm Desert, CA	3.0	3.0	2188	$5,200	$2.38	43d	1	0.75mi
2701 Via Calderia Palm Desert, CA	2.0	2.0	1559	$2,850	$1.83	24d	1	0.77mi
73983 Munn Cir Palm Desert, CA	3.0	2.0	2064	$3,400	$1.65	43d	1	0.81mi
1803 Via San Martino Palm Desert, CA	2.0	2.0	1559	$3,900	$2.50	43d	1	0.84mi
40064 Silktree Ct Palm Desert, CA	3.0	2.0	1712	$3,200	$1.87	24d	1	0.84mi
74079 Kingston Ct W Palm Desert, CA	4.0	3.0	1937	$9,980	$5.15	43d	1	0.85mi
40255 Sagewood Dr Palm Desert, CA	3.0	2.0	1712	$3,300	$1.93	18d	1	0.96mi
41517 Armanac Ct Palm Desert, CA	3.0	2.0	1537	$3,400	$2.21	2d	1	0.96mi
8 Las Cruces Ln Palm Desert, CA	2.0	2.0	1705	$5,000	$2.93	43d	1	0.97mi
73774 Mojave Desert Dr Palm Desert, CA	3.0	2.0	2235	$4,950	$2.21	43d	1	0.97mi
40605 Ventana Ct Palm Desert, CA	3.0	2.5	2093	$4,500	$2.15	18d	1	0.98mi
74300 Country Club Dr Unit 366 Palm Desert, CA	2.0	2.0	1140	$7,170	$6.29	43d	1	0.98mi
74300 Country Club Dr Apt 5001 Palm Desert, CA	2.0	2.0	1099	$7,120	$6.48	43d	1	0.98mi
40445 Portola Ave Palm Desert, CA	1.0–2.0	1.0–2.0	975	$3,215	$3.30	5d	15	0.98mi
73750 Calle Bisque Palm Desert, CA	3.0	2.0	1537	$6,500	$4.23	43d	1	0.99mi
4 Hermosillo Ln Palm Desert, CA	2.0	2.0	1572	$2,900	$1.84	18d	1	1.02mi
73759 Julie Ln Palm Desert, CA	2.0	2.0	1366	$3,249	$2.38	43d	1	1.03mi
40556 Clover Ln Palm Desert, CA	3.0	2.5	1880	$4,200	$2.23	43d	1	1.06mi
40560 Glenwood Ln Palm Desert, CA	3.0	3.0	2052	$6,500	$3.17	43d	1	1.08mi
105 Kavenish Dr Rancho Mirage, CA	3.0	3.0	1724	$4,200	$2.44	43d	1	1.13mi
1 Marbella Ln Palm Desert, CA	2.0	2.0	1080	$4,500	$4.17	43d	1	1.13mi
191 Winterhaven Cir Palm Desert, CA	2.0	1.5	1250	$2,800	$2.24	43d	1	1.16mi
93 Kavenish Dr Rancho Mirage, CA	3.0	3.0	2136	$6,800	$3.18	2d	1	1.18mi

HOA detail

• Monthly dues: $400 · $4,800/yr

Listing history 22 events

1. 2026-06-18
   days on market $299,000 Active 98 DOM
2. 2026-06-17
   days on market $299,000 Active 97 DOM
3. 2026-06-16
   days on market $299,000 Active 96 DOM
4. 2026-06-15
   days on market $299,000 Active 95 DOM
5. 2026-06-13
   days on market $299,000 Active 93 DOM
6. 2026-06-09
   days on market $299,000 Active 89 DOM
7. 2026-06-08
   days on market $299,000 Active 88 DOM
8. 2026-06-07
   days on market $299,000 Active 87 DOM
9. 2026-06-04
   days on market $299,000 Active 84 DOM
10. 2026-06-03
    days on market $299,000 Active 83 DOM
11. 2026-06-02
    days on market $299,000 Active 82 DOM
12. 2026-06-01
    days on market $299,000 Active 81 DOM
13. 2026-05-31
    days on market $299,000 Active 80 DOM
14. 2026-03-12
    listed $299,000 Active 685-char remark

    Show marketing remark (685 chars)

    Attention! This home is being sold below appraised value!!!!! This home is on a large lot on a Cul-De Sac close to the Clubhouse! This spacious home is designed for Desert Living. The Living Area provides room for entertaining and office space if needed. The see through fireplace separates the dining area from the living area. The updated kitchen opens to both the dining and living area. The floors are laminated. Enjoy the large master suite with a large walk-in closet. The real jewel of the home is the antique bathroom! There is plenty of storage and easy parking in the carport. There is a tile roof to add to the decor. The golfing is free with ownership! Call for a tour!

15. 2018-10-12
    soldstatus $129,000 Closed 972-char remark

    Show marketing remark (972 chars)

    Close to club house this 2 bed 2 bath double wide features an extended living room, hardwood and tile floors, granite kitchen counters, cozy double sided fireplace, and beautiful mountain views from the covered front patio, dining and sitting rooms. Desert landscaping, fruit trees, two storage sheds, tile roof and more! Great bones but needs some TLC. Public records show 1400 SqFt but appears much larger due to additions. Low HOA includes free Golf for up to 3 people, Trash Pick Up, Recycling, Street Sweeping, Cable TV with HBO, Showtime and Movie Channels! Palm Desert Greens is a 55 plus community with Guard Gated Security, On Site Restaurant/Bar, Tennis, Pool, Spa and numerous clubs! You own the land! Make your offer today! Note: As of 10/18/18 all title issues related to transfer of title to personal property mobile have been resolved. Square Footage has been taped by a licensed appraiser. Back up offers accepted subject to cancellation of current escrow.

16. 2018-10-12
    soldstatus $129,000 Sold 972-char remark

    Show marketing remark (972 chars)

    Close to club house this 2 bed 2 bath double wide features an extended living room, hardwood and tile floors, granite kitchen counters, cozy double sided fireplace, and beautiful mountain views from the covered front patio, dining and sitting rooms. Desert landscaping, fruit trees, two storage sheds, tile roof and more! Great bones but needs some TLC. Public records show 1400 SqFt but appears much larger due to additions. Low HOA includes free Golf for up to 3 people, Trash Pick Up, Recycling, Street Sweeping, Cable TV with HBO, Showtime and Movie Channels! Palm Desert Greens is a 55 plus community with Guard Gated Security, On Site Restaurant/Bar, Tennis, Pool, Spa and numerous clubs! You own the land! Make your offer today! Note: As of 10/18/18 all title issues related to transfer of title to personal property mobile have been resolved. Square Footage has been taped by a licensed appraiser. Back up offers accepted subject to cancellation of current escrow.

17. 2018-10-12
    soldstatus $68,000

    Show marketing remark (972 chars)

    Close to club house this 2 bed 2 bath double wide features an extended living room, hardwood and tile floors, granite kitchen counters, cozy double sided fireplace, and beautiful mountain views from the covered front patio, dining and sitting rooms. Desert landscaping, fruit trees, two storage sheds, tile roof and more! Great bones but needs some TLC. Public records show 1400 SqFt but appears much larger due to additions. Low HOA includes free Golf for up to 3 people, Trash Pick Up, Recycling, Street Sweeping, Cable TV with HBO, Showtime and Movie Channels! Palm Desert Greens is a 55 plus community with Guard Gated Security, On Site Restaurant/Bar, Tennis, Pool, Spa and numerous clubs! You own the land! Make your offer today! Note: As of 10/18/18 all title issues related to transfer of title to personal property mobile have been resolved. Square Footage has been taped by a licensed appraiser. Back up offers accepted subject to cancellation of current escrow.

18. 2018-06-09
    status Pending 972-char remark

    Show marketing remark (972 chars)

    Close to club house this 2 bed 2 bath double wide features an extended living room, hardwood and tile floors, granite kitchen counters, cozy double sided fireplace, and beautiful mountain views from the covered front patio, dining and sitting rooms. Desert landscaping, fruit trees, two storage sheds, tile roof and more! Great bones but needs some TLC. Public records show 1400 SqFt but appears much larger due to additions. Low HOA includes free Golf for up to 3 people, Trash Pick Up, Recycling, Street Sweeping, Cable TV with HBO, Showtime and Movie Channels! Palm Desert Greens is a 55 plus community with Guard Gated Security, On Site Restaurant/Bar, Tennis, Pool, Spa and numerous clubs! You own the land! Make your offer today! Note: As of 10/18/18 all title issues related to transfer of title to personal property mobile have been resolved. Square Footage has been taped by a licensed appraiser. Back up offers accepted subject to cancellation of current escrow.

19. 2018-05-28
    historical Contingent 972-char remark

    Show marketing remark (972 chars)

    Close to club house this 2 bed 2 bath double wide features an extended living room, hardwood and tile floors, granite kitchen counters, cozy double sided fireplace, and beautiful mountain views from the covered front patio, dining and sitting rooms. Desert landscaping, fruit trees, two storage sheds, tile roof and more! Great bones but needs some TLC. Public records show 1400 SqFt but appears much larger due to additions. Low HOA includes free Golf for up to 3 people, Trash Pick Up, Recycling, Street Sweeping, Cable TV with HBO, Showtime and Movie Channels! Palm Desert Greens is a 55 plus community with Guard Gated Security, On Site Restaurant/Bar, Tennis, Pool, Spa and numerous clubs! You own the land! Make your offer today! Note: As of 10/18/18 all title issues related to transfer of title to personal property mobile have been resolved. Square Footage has been taped by a licensed appraiser. Back up offers accepted subject to cancellation of current escrow.

20. 2018-05-22
    price $139,900 972-char remark

    Show marketing remark (972 chars)

    Close to club house this 2 bed 2 bath double wide features an extended living room, hardwood and tile floors, granite kitchen counters, cozy double sided fireplace, and beautiful mountain views from the covered front patio, dining and sitting rooms. Desert landscaping, fruit trees, two storage sheds, tile roof and more! Great bones but needs some TLC. Public records show 1400 SqFt but appears much larger due to additions. Low HOA includes free Golf for up to 3 people, Trash Pick Up, Recycling, Street Sweeping, Cable TV with HBO, Showtime and Movie Channels! Palm Desert Greens is a 55 plus community with Guard Gated Security, On Site Restaurant/Bar, Tennis, Pool, Spa and numerous clubs! You own the land! Make your offer today! Note: As of 10/18/18 all title issues related to transfer of title to personal property mobile have been resolved. Square Footage has been taped by a licensed appraiser. Back up offers accepted subject to cancellation of current escrow.

21. 2018-04-14
    price $154,000 972-char remark

    Show marketing remark (972 chars)

    Close to club house this 2 bed 2 bath double wide features an extended living room, hardwood and tile floors, granite kitchen counters, cozy double sided fireplace, and beautiful mountain views from the covered front patio, dining and sitting rooms. Desert landscaping, fruit trees, two storage sheds, tile roof and more! Great bones but needs some TLC. Public records show 1400 SqFt but appears much larger due to additions. Low HOA includes free Golf for up to 3 people, Trash Pick Up, Recycling, Street Sweeping, Cable TV with HBO, Showtime and Movie Channels! Palm Desert Greens is a 55 plus community with Guard Gated Security, On Site Restaurant/Bar, Tennis, Pool, Spa and numerous clubs! You own the land! Make your offer today! Note: As of 10/18/18 all title issues related to transfer of title to personal property mobile have been resolved. Square Footage has been taped by a licensed appraiser. Back up offers accepted subject to cancellation of current escrow.

22. 2018-03-05
    listed $159,000 Active 972-char remark

    Show marketing remark (972 chars)

    Close to club house this 2 bed 2 bath double wide features an extended living room, hardwood and tile floors, granite kitchen counters, cozy double sided fireplace, and beautiful mountain views from the covered front patio, dining and sitting rooms. Desert landscaping, fruit trees, two storage sheds, tile roof and more! Great bones but needs some TLC. Public records show 1400 SqFt but appears much larger due to additions. Low HOA includes free Golf for up to 3 people, Trash Pick Up, Recycling, Street Sweeping, Cable TV with HBO, Showtime and Movie Channels! Palm Desert Greens is a 55 plus community with Guard Gated Security, On Site Restaurant/Bar, Tennis, Pool, Spa and numerous clubs! You own the land! Make your offer today! Note: As of 10/18/18 all title issues related to transfer of title to personal property mobile have been resolved. Square Footage has been taped by a licensed appraiser. Back up offers accepted subject to cancellation of current escrow.

ⓘ 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: $2,242 · $187/mo
• Projected year-2 tax: $2,272 · $189/mo
• Expected delta: +$30/yr (+$3/mo · 1.4%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥114°F today · 17 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: $43,203
• − Mortgage interest: −$16,749
• − Property taxes: −$2,242
• − Insurance: −$1,495
• − Repairs & maintenance: −$3,456
• − Management: −$3,456
• − HOA: −$4,800
• − Depreciation: −$8,698
• Taxable income: $2,306
• Est. tax owed @ 24.0%: −$554
• After-tax cash flow: $6,224/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: 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

+88.1% since first listed

9 events — show timeline

• 2026-03-12 Listed $299,000 GPSMLS
• 2018-10-12 Sold (Public Records) $68,000 Public Records
• 2018-10-12 Sold (MLS) $129,000 GPSMLS
• 2018-10-12 Sold (MLS) $129,000 GPSMLS
• 2018-06-09 Pending — GPSMLS
• 2018-05-28 Contingent — GPSMLS
• 2018-05-22 Price Changed $139,900 GPSMLS
• 2018-04-14 Price Changed $154,000 GPSMLS
• 2018-03-05 Listed $159,000 GPSMLS

Property tax history

+0.9%/yr

Latest (2025): $2,242 · +3.1% YoY. Source: county tax records.