112 Giralda Cir · Palm Desert, CA 92260

$449,000

2 bd · 2.0 ba · 1,303 sqft · Condo public records · 39 Days on market

Built 1979 $345/sqft · 18% below area Est $548k · 18% under $936/mo HOA · 19% 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).

• ARV discount +15.0/15.0
• Cash flow +14.5/30.0
• 1% rule +6.0/10.0
• DSCR +4.4/10.0
• 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

Conveniently close to the south Gran Via entrance to Monterey CC, with outstanding views over wide open fairways to the east and northeast, with a lake and mountains in the distance. This popular 20 Plan has 2 bedrooms and 2 baths wonderfully separated for privacy, and a spotless attached double garage with built-in cabinets. The covered, gated entry walk and patio surround you with well kept, mature landscaping and a shaded sitting area. Inside, you will find one of the most well maintained homes in all of Monterey, with the lovely furnishings included. All cabinets have been replaced, not just the fronts. White Plantation shutters are on all windows & sliding glass doors, even the high clerestory ones! Kitchen appliances & sink, washer & dryer, bath hardware are like new. White floor tile & wall to wall carpet are immaculate. The tiled patio has been extended and fenced, air conditioning equipment and furnace have been replaced. One owner for the past 13 years. Don't miss this one!

Key facts

• Fitness center
• 3rd fairway
• Open living area

Tags

• TURNKEY FURNISHED HOME
• 3RD FAIRWAY
• OPEN LIVING AREA
• EXTENDED PATIO
• MONTERREY CC AMENITIES
• FITNESS CENTER

Property features AI

Finance

• Other: All furniture included in sale; CC&R disclosures
• Financial info: Association fees listed as $800 and $136 (two fees totaling $936); Financing: Conventional or cash
• HOA & community: Monthly association fees totaling $936; Association fees include clubhouse and cable TV; Community amenities: golf course, tennis courts; association pet rules apply

Exterior

• Parking: Driveway; Attached 2-car garage; 2 total parking spaces
• Security: 24-hour security; Automatic gate; Fire sprinkler system
• Utilities: Sewer connected and paid; PUD: Yes
• Home design: Condominium, attached; Single-story (ground level)
• Construction: Year built (per assessor); Has sprinklers
• Exterior features: 24-hour security; Gated community; Automatic gate; Fire sprinkler system; Sprinkler system irrigation; Golf course view; Golf course within development

Interior

• Kitchen: Ceramic countertops
• Flooring: Vinyl flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Fully furnished; Living room; Dining area; Ceramic counters

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $449k.

Deal economics

• At list price, monthly cash flow is $98 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $449k).
• Recommended offer: $436k (3.0% below list) — sets the bar for market timing.
• Cap rate 6.6% 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); 549 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); 82% 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 $4,935/mo this rent would consume 84% 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 $3k of loan paydown is wiped out by about $13k 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 39 days — a 3% lower offer ($436k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 9y 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 $250k; list at $449k implies a 80% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $435,530 (3.0% below list)

Questions for the listing agent

1. It's been on market 39 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 1979 — 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. 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?
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: 1.10% ✓
• Cap rate: 6.55%
• Cash-on-cash: 0.93%
• DSCR: 1.04
• GRM: 7.6

CMA / ARV

• ARV (median comp): $547,720
• List price: $449,000
• Delta: -18.02%
• 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: -16.6%
• Equity multiple: 0.42×
• Total profit: $-72,878
• Equity at exit: $66,947

10-year hold

• IRR: -11.6%
• Equity multiple: 0.36×
• Total profit: $-80,743
• Equity at exit: $38,821

Cash invested: $125,720 (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: 549
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $4,935 high
• Mortgage (P&I): −$2,355
• Tax from tax record: −$323 /mo · $3,874/yr
• Insurance: −$187
• HOA: −$936
• Vacancy / Maint / Mgmt: −$1,036
• Net cashflow: $98

Break-even live

Break-even rent $4,811

Max offer price $449,000

Occupancy floor 93%

Sensitivity live

Price	-10% $352	-5% $225	+0% $98	+5% $-29	+10% $-156
Rent	-10% $-292	-5% $-97	+0% $98	+5% $293	+10% $488
Rate	-1.0pp $324	-0.5pp $212	base $98	+0.5pp $-18	+1.0pp $-137

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: $112,250
• Closing costs: $13,470
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
114 Giralda Cir Palm Desert, CA	2.0	2.0	1303	$5,500	$4.22	44d	1	0.02mi
110 Giralda Cir Palm Desert, CA	2.0	2.0	1584	$7,000	$4.42	44d	1	0.02mi
138 Gran Via Palm Desert, CA	2.0	2.0	1457	$5,500	$3.77	44d	1	0.09mi
16 Tortosa Dr Rancho Mirage, CA	3.0	2.0	1720	$7,495	$4.36	44d	1	0.12mi
101 Juan Cir Palm Desert, CA	2.0	2.0	1600	$6,500	$4.06	44d	1	0.13mi
293 Serena Dr Palm Desert, CA	2.0	2.0	1670	$5,500	$3.29	44d	1	0.17mi
117 Juan Cir Palm Desert, CA	2.0	2.0	1584	$6,800	$4.29	44d	1	0.17mi
291 Serena Dr Palm Desert, CA	2.0	1.5	1303	$5,300	$4.07	44d	1	0.18mi
27 Torremolinos Dr Rancho Mirage, CA	3.0	1.5	1621	$3,300	$2.04	44d	1	0.18mi
128 Castellana W Palm Desert, CA	2.0	2.0	1670	$6,500	$3.89	44d	1	0.19mi
172 Gran Via Palm Desert, CA	2.0	1.5	1584	$7,000	$4.42	44d	1	0.21mi
20 San Sebastian Dr Rancho Mirage, CA	2.0	2.0	1380	$2,950	$2.14	44d	1	0.21mi
173 Gran Via Palm Desert, CA	2.0	2.0	1584	$5,000	$3.16	44d	1	0.22mi
175 Gran Via Palm Desert, CA	2.0	2.0	1656	$2,599	$1.57	6d	1	0.23mi
191 Madrid Ave Palm Desert, CA	2.0	2.0	1800	$5,500	$3.06	44d	1	0.25mi
186 Gran Via Palm Desert, CA	2.0	2.0	1303	$7,000	$5.37	44d	1	0.26mi
186 Madrid Ave Palm Desert, CA	2.0	2.0	1800	$7,100	$3.94	44d	1	0.27mi
11 Ronda Dr Rancho Mirage, CA	3.0	2.0	1680	$3,200	$1.90	44d	1	0.27mi
197 Madrid Ave Palm Desert, CA	2.0	2.0	1336	$5,400	$4.04	44d	1	0.27mi
170 Castellana S Palm Desert, CA	2.0	2.0	1347	$6,000	$4.45	44d	1	0.28mi
294 San Vicente Cir Palm Desert, CA	2.0	2.0	1584	$5,300	$3.35	44d	1	0.29mi
63 Torremolinos Dr Rancho Mirage, CA	2.0	2.0	1270	$2,850	$2.24	44d	1	0.29mi
178 Castellana S Palm Desert, CA	2.0	2.0	1303	$5,500	$4.22	44d	1	0.30mi
36 El Toro Dr Rancho Mirage, CA	2.0	2.0	1270	$4,000	$3.15	25d	1	0.30mi
278 San Vicente Cir Palm Desert, CA	2.0	2.0	1656	$5,200	$3.14	44d	1	0.31mi
184 Castellana S Palm Desert, CA	2.0	2.0	1457	$5,400	$3.71	44d	1	0.32mi
68 El Toro Dr Rancho Mirage, CA	2.0	2.0	1381	$4,000	$2.90	25d	1	0.34mi
70 Durango Cir Rancho Mirage, CA	2.0	2.0	1500	$3,800	$2.53	15d	1	0.34mi
261 Santa Barbara Cir Palm Desert, CA	2.0	2.0	1656	$5,800	$3.50	44d	1	0.34mi
281 Tolosa Cir Palm Desert, CA	2.0	2.0	1303	$5,500	$4.22	44d	1	0.34mi
242 Serena Dr Palm Desert, CA	2.0	2.0	1347	$5,300	$3.93	44d	1	0.37mi
21 Don Quixote Dr Rancho Mirage, CA	2.0	2.0	1270	$4,000	$3.15	25d	1	0.37mi
280 Tolosa Cir Palm Desert, CA	2.0	2.0	1347	$6,000	$4.45	44d	1	0.37mi
280 Tolosa Cir Palm Desert, CA	2.0	2.0	1347	$6,000	$4.45	25d	1	0.37mi
254 Santa Barbara Cir Palm Desert, CA	2.0	2.0	1656	$8,000	$4.83	44d	1	0.38mi
159 Torremolinos Dr Rancho Mirage, CA	2.0	2.0	1513	$6,100	$4.03	44d	1	0.38mi
95 Torremolinos Dr Rancho Mirage, CA	3.0	2.0	1680	$3,600	$2.14	19d	1	0.39mi
45 Cueta Dr Rancho Mirage, CA	2.0	2.0	1270	$3,000	$2.36	44d	1	0.40mi
246 Santa Barbara Cir Palm Desert, CA	2.0	2.0	1656	$9,000	$5.43	44d	1	0.40mi
223 Serena Dr Palm Desert, CA	3.0	2.0	1584	$4,800	$3.03	44d	1	0.41mi

HOA detail condo

• Monthly dues: $936 · $11,232/yr
• Likely covers: landscapingsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 27 events

1. 2026-06-21
   days on market $449,000 Active 39 DOM
2. 2026-06-18
   days on market $449,000 Active 36 DOM
3. 2026-06-17
   days on market $449,000 Active 35 DOM
4. 2026-06-16
   days on market $449,000 Active 34 DOM
5. 2026-06-15
   days on market $449,000 Active 33 DOM
6. 2026-06-13
   days on market $449,000 Active 31 DOM
7. 2026-06-09
   days on market $449,000 Active 27 DOM
8. 2026-06-08
   days on market $449,000 Active 26 DOM
9. 2026-06-07
   days on market $449,000 Active 25 DOM
10. 2026-06-04
    days on market $449,000 Active 22 DOM
11. 2026-06-03
    days on market $449,000 Active 21 DOM
12. 2026-06-02
    days on market $449,000 Active 20 DOM
13. 2026-06-01
    days on market $449,000 Active 19 DOM
14. 2026-05-31
    days on market $449,000 Active 18 DOM
15. 2026-05-01
    listed $449,000 Active 856-char remark
16. 2017-12-27
    status Pending 1022-char remark

    Show marketing remark (1022 chars)

    Conveniently close to the south Gran Via entrance to Monterey CC, with outstanding views over wide open fairways to the east and northeast, with a lake and mountains in the distance. This popular 20 Plan has 2 bedrooms and 2 baths wonderfully separated for privacy, and a spotless attached double garage with built-in cabinets. The covered, gated entry walk and patio surround you with well kept, mature landscaping and a shaded sitting area. Inside, you will find one of the most well maintained homes in all of Monterey, with the lovely furnishings included. All cabinets have been replaced, not just the fronts. White Plantation shutters are on all windows & sliding glass doors, even the high clerestory ones! Kitchen appliances & sink, washer & dryer, bath hardware are like new. White floor tile & wall to wall carpet are immaculate. The tiled patio has been extended and fenced, air conditioning equipment and furnace have been replaced. One owner for the past 13 years. Don't miss this one!

17. 2017-12-22
    soldstatus $250,000 Sold 1022-char remark

    Show marketing remark (1022 chars)

    Conveniently close to the south Gran Via entrance to Monterey CC, with outstanding views over wide open fairways to the east and northeast, with a lake and mountains in the distance. This popular 20 Plan has 2 bedrooms and 2 baths wonderfully separated for privacy, and a spotless attached double garage with built-in cabinets. The covered, gated entry walk and patio surround you with well kept, mature landscaping and a shaded sitting area. Inside, you will find one of the most well maintained homes in all of Monterey, with the lovely furnishings included. All cabinets have been replaced, not just the fronts. White Plantation shutters are on all windows & sliding glass doors, even the high clerestory ones! Kitchen appliances & sink, washer & dryer, bath hardware are like new. White floor tile & wall to wall carpet are immaculate. The tiled patio has been extended and fenced, air conditioning equipment and furnace have been replaced. One owner for the past 13 years. Don't miss this one!

18. 2017-12-22
    soldstatus $250,000

    Show marketing remark (1022 chars)

    Conveniently close to the south Gran Via entrance to Monterey CC, with outstanding views over wide open fairways to the east and northeast, with a lake and mountains in the distance. This popular 20 Plan has 2 bedrooms and 2 baths wonderfully separated for privacy, and a spotless attached double garage with built-in cabinets. The covered, gated entry walk and patio surround you with well kept, mature landscaping and a shaded sitting area. Inside, you will find one of the most well maintained homes in all of Monterey, with the lovely furnishings included. All cabinets have been replaced, not just the fronts. White Plantation shutters are on all windows & sliding glass doors, even the high clerestory ones! Kitchen appliances & sink, washer & dryer, bath hardware are like new. White floor tile & wall to wall carpet are immaculate. The tiled patio has been extended and fenced, air conditioning equipment and furnace have been replaced. One owner for the past 13 years. Don't miss this one!

19. 2017-12-06
    historical Contingent 1022-char remark

    Show marketing remark (1022 chars)

    Conveniently close to the south Gran Via entrance to Monterey CC, with outstanding views over wide open fairways to the east and northeast, with a lake and mountains in the distance. This popular 20 Plan has 2 bedrooms and 2 baths wonderfully separated for privacy, and a spotless attached double garage with built-in cabinets. The covered, gated entry walk and patio surround you with well kept, mature landscaping and a shaded sitting area. Inside, you will find one of the most well maintained homes in all of Monterey, with the lovely furnishings included. All cabinets have been replaced, not just the fronts. White Plantation shutters are on all windows & sliding glass doors, even the high clerestory ones! Kitchen appliances & sink, washer & dryer, bath hardware are like new. White floor tile & wall to wall carpet are immaculate. The tiled patio has been extended and fenced, air conditioning equipment and furnace have been replaced. One owner for the past 13 years. Don't miss this one!

20. 2017-12-06
    price $259,000 1022-char remark

    Show marketing remark (1022 chars)

    Conveniently close to the south Gran Via entrance to Monterey CC, with outstanding views over wide open fairways to the east and northeast, with a lake and mountains in the distance. This popular 20 Plan has 2 bedrooms and 2 baths wonderfully separated for privacy, and a spotless attached double garage with built-in cabinets. The covered, gated entry walk and patio surround you with well kept, mature landscaping and a shaded sitting area. Inside, you will find one of the most well maintained homes in all of Monterey, with the lovely furnishings included. All cabinets have been replaced, not just the fronts. White Plantation shutters are on all windows & sliding glass doors, even the high clerestory ones! Kitchen appliances & sink, washer & dryer, bath hardware are like new. White floor tile & wall to wall carpet are immaculate. The tiled patio has been extended and fenced, air conditioning equipment and furnace have been replaced. One owner for the past 13 years. Don't miss this one!

21. 2017-10-02
    price $269,000 1022-char remark

    Show marketing remark (1022 chars)

    Conveniently close to the south Gran Via entrance to Monterey CC, with outstanding views over wide open fairways to the east and northeast, with a lake and mountains in the distance. This popular 20 Plan has 2 bedrooms and 2 baths wonderfully separated for privacy, and a spotless attached double garage with built-in cabinets. The covered, gated entry walk and patio surround you with well kept, mature landscaping and a shaded sitting area. Inside, you will find one of the most well maintained homes in all of Monterey, with the lovely furnishings included. All cabinets have been replaced, not just the fronts. White Plantation shutters are on all windows & sliding glass doors, even the high clerestory ones! Kitchen appliances & sink, washer & dryer, bath hardware are like new. White floor tile & wall to wall carpet are immaculate. The tiled patio has been extended and fenced, air conditioning equipment and furnace have been replaced. One owner for the past 13 years. Don't miss this one!

22. 2017-08-03
    status Active 1022-char remark

    Show marketing remark (1022 chars)

    Conveniently close to the south Gran Via entrance to Monterey CC, with outstanding views over wide open fairways to the east and northeast, with a lake and mountains in the distance. This popular 20 Plan has 2 bedrooms and 2 baths wonderfully separated for privacy, and a spotless attached double garage with built-in cabinets. The covered, gated entry walk and patio surround you with well kept, mature landscaping and a shaded sitting area. Inside, you will find one of the most well maintained homes in all of Monterey, with the lovely furnishings included. All cabinets have been replaced, not just the fronts. White Plantation shutters are on all windows & sliding glass doors, even the high clerestory ones! Kitchen appliances & sink, washer & dryer, bath hardware are like new. White floor tile & wall to wall carpet are immaculate. The tiled patio has been extended and fenced, air conditioning equipment and furnace have been replaced. One owner for the past 13 years. Don't miss this one!

23. 2017-07-01
    listed $279,900 Active 1022-char remark

    Show marketing remark (1022 chars)

    Conveniently close to the south Gran Via entrance to Monterey CC, with outstanding views over wide open fairways to the east and northeast, with a lake and mountains in the distance. This popular 20 Plan has 2 bedrooms and 2 baths wonderfully separated for privacy, and a spotless attached double garage with built-in cabinets. The covered, gated entry walk and patio surround you with well kept, mature landscaping and a shaded sitting area. Inside, you will find one of the most well maintained homes in all of Monterey, with the lovely furnishings included. All cabinets have been replaced, not just the fronts. White Plantation shutters are on all windows & sliding glass doors, even the high clerestory ones! Kitchen appliances & sink, washer & dryer, bath hardware are like new. White floor tile & wall to wall carpet are immaculate. The tiled patio has been extended and fenced, air conditioning equipment and furnace have been replaced. One owner for the past 13 years. Don't miss this one!

24. 2017-07-01
    historical Hold 1022-char remark

    Show marketing remark (1022 chars)

    Conveniently close to the south Gran Via entrance to Monterey CC, with outstanding views over wide open fairways to the east and northeast, with a lake and mountains in the distance. This popular 20 Plan has 2 bedrooms and 2 baths wonderfully separated for privacy, and a spotless attached double garage with built-in cabinets. The covered, gated entry walk and patio surround you with well kept, mature landscaping and a shaded sitting area. Inside, you will find one of the most well maintained homes in all of Monterey, with the lovely furnishings included. All cabinets have been replaced, not just the fronts. White Plantation shutters are on all windows & sliding glass doors, even the high clerestory ones! Kitchen appliances & sink, washer & dryer, bath hardware are like new. White floor tile & wall to wall carpet are immaculate. The tiled patio has been extended and fenced, air conditioning equipment and furnace have been replaced. One owner for the past 13 years. Don't miss this one!

25. 1989-04-19
    soldstatus $170,500
26. 1987-03-05
    soldstatus $137,000
27. 1982-03-01
    soldstatus $12,000

ⓘ 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: $3,874 · $323/mo
• Projected year-2 tax: $3,874 · $323/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 4/10 Moderate
• 🌡 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 · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $59,215
• − Mortgage interest: −$25,151
• − Property taxes: −$3,874
• − Insurance: −$2,245
• − Repairs & maintenance: −$4,737
• − Management: −$4,737
• − HOA: −$11,232
• − Depreciation: −$13,062
• Taxable loss: −$5,823
• Est. tax savings @ 24.0%: +$1,397
• After-tax cash flow: $2,572/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

+3641.7% since first listed

13 events — show timeline

• 2026-05-01 Listed $449,000 GPSMLS
• 2017-12-27 Pending — GPSMLS
• 2017-12-22 Sold (Public Records) $250,000 Public Records
• 2017-12-22 Sold (MLS) $250,000 GPSMLS
• 2017-12-06 Contingent — GPSMLS
• 2017-12-06 Price Changed $259,000 GPSMLS
• 2017-10-02 Price Changed $269,000 GPSMLS
• 2017-08-03 Relisted — GPSMLS
• 2017-07-01 Listed $279,900 GPSMLS
• 2017-07-01 Delisted — GPSMLS
• 1989-04-19 Sold (Public Records) $170,500 Public Records
• 1987-03-05 Sold (Public Records) $137,000 Public Records
• 1982-03-01 Sold (Public Records) $12,000 Public Records

Property tax history

+1.6%/yr

Latest (2025): $3,874 · +2.7% YoY. Source: county tax records.