41774 Navarre Ct · Palm Desert, CA 92260

$419,000

3 bd · 2.0 ba · 1,665 sqft · Condo public records · 96 Days on market

Built 1985 $690/mo HOA · 15% of rent

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +16.7/30.0
• ARV discount +7.5/15.0
• 1% rule +6.3/10.0
• DSCR +5.2/10.0
• 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

Beautifully maintained 2 bedroom/2 bath plus den condo in gated community of Casablanca. Best location, quiet and surrounded by green space. Mountain views in several directions. This home has been thoughtfully updated over the years. New cabinets in the kitchen and bathrooms with granite countertops. Large tiled walk-in shower in Master Bedroom. Original 3rd bedroom has been converted to a den, but could become a bedroom again. Original atrium enclosed and made into office space connected to Master Bedroom. Second Large closet added to Master Bedroom by taking space from the garage. Currently garage has space for one car and a golf cart, but could easily be made back into a two car garage. Some furniture may be available outside of escrow.

Key facts

• 3,049 sq ft lot
• 2 garage spots
• Pool

Property features AI

Finance

• Other: Property is fee simple; CC&R and planned development disclosures apply
• Financial info: Listing accepts cash or cash to new loan; Short-term rentals not allowed; will not consider lease
• HOA & community: Monthly HOA fee; HOA covers cable TV, trash and insurance; Community amenities include controlled access and tennis courts; Gated community

Exterior

• Parking: Attached garage with side-by-side parking; 2 total garage/parking spaces
• Security: Gated community with card/code access
• Utilities: PUD: Yes; Sewer connected and paid
• Home design: Single-family residence (attached); One story; One-level living
• Construction: Year built (assessor source)
• Exterior features: Community swimming pool (in-ground); Greenbelt location; Mountain and park/greenbelt views; Community pickleball courts; Leisure areas face east and south

Interior

• Kitchen: See full listing for kitchen appliance details
• Bedrooms: See full listing for bedroom count and room levels
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Unfurnished; Shutters; Gas log fireplace in the great room; Den/Study, Great Room and Dining Room
• Laundry & utility: Laundry in an individual room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $419k.

Deal economics

• At list price, monthly cash flow is $261 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $419k).
• Recommended offer: $381k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.0% 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: 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.
• Zoned schools: Palm Desert High (math 42% / reading 67%, grade C-, #256 of 1,170 statewide, top 24%, 2,050 students, 57% FRL) — zoned schools at 57% FRL track the district average.
• 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); 75% 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 $4,727/mo this rent would consume 81% 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 96 days — a 9% lower offer ($381k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 23y ago; this cycle's ask has dropped $31k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $320k; 31% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $381,290 (9.0% below list)

Questions for the listing agent

1. It's been on market 96 days. Have you received any prior offers? Is the seller open to a 9% 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 1.13% ✓
• Cap rate: 7.04%
• Cash-on-cash: 2.67%
• DSCR: 1.12
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -13.8%
• Equity multiple: 0.51×
• Total profit: $-57,422
• Equity at exit: $62,474

10-year hold

• IRR: -7.7%
• Equity multiple: 0.55×
• Total profit: $-53,076
• Equity at exit: $36,227

Cash invested: $117,320 (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: 7.4×

Monthly cashflow live

• Estimated rent: $4,727 high
• Mortgage (P&I): −$2,197
• Tax from tax record: −$412 /mo · $4,943/yr
• Insurance: −$175
• HOA: −$690
• Vacancy / Maint / Mgmt: −$993
• Net cashflow: $261

Break-even live

Break-even rent $4,397

Max offer price $419,000

Occupancy floor 89%

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: $104,750
• Closing costs: $12,570
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
73750 Calle Bisque Palm Desert, CA	3.0	2.0	1537	$6,500	$4.23	43d	1	0.08mi
166 Wimbledon Ct Palm Desert, CA	2.0	2.0	1250	$3,200	$2.56	43d	1	0.12mi
191 Winterhaven Cir Palm Desert, CA	2.0	1.5	1250	$2,800	$2.24	43d	1	0.12mi
41517 Armanac Ct Palm Desert, CA	3.0	2.0	1537	$3,400	$2.21	3d	1	0.18mi
150 Willow Lake Dr Palm Desert, CA	2.0	2.0	1138	$2,500	$2.20	43d	1	0.19mi
40445 Portola Ave Palm Desert, CA	1.0–2.0	1.0–2.0	975	$3,215	$3.30	5d	15	0.20mi
1803 Via San Martino Palm Desert, CA	2.0	2.0	1559	$3,900	$2.50	43d	1	0.24mi
206 Lakecrest Ln Palm Desert, CA	2.0	2.0	1138	$2,300	$2.02	11d	1	0.24mi
323 San Remo St Palm Desert, CA	2.0	2.0	1556	$8,500	$5.46	43d	1	0.26mi
363 San Remo St Palm Desert, CA	2.0	2.0	1656	$7,500	$4.53	43d	1	0.27mi
365 San Remo St Palm Desert, CA	2.0	2.0	1303	$5,500	$4.22	43d	1	0.28mi
2701 Via Calderia Palm Desert, CA	2.0	2.0	1559	$2,850	$1.83	24d	1	0.30mi
1 Marbella Ln Palm Desert, CA	2.0	2.0	1080	$4,500	$4.17	43d	1	0.32mi
336 Villena Way Palm Desert, CA	2.0	2.0	1303	$5,500	$4.22	43d	1	0.32mi
359 Villena Way Palm Desert, CA	2.0	2.0	2208	$9,500	$4.30	43d	1	0.33mi
337 Villena Way Palm Desert, CA	2.0	2.0	1303	$5,000	$3.84	43d	1	0.35mi
430 S Sierra Madre Palm Desert, CA	2.0	2.0	1303	$5,500	$4.22	43d	1	0.39mi
432 S Sierra Madre Palm Desert, CA	2.0	2.0	1584	$5,300	$3.35	43d	1	0.39mi
8 Las Cruces Ln Palm Desert, CA	2.0	2.0	1705	$5,000	$2.93	43d	1	0.39mi
73983 Munn Cir Palm Desert, CA	3.0	2.0	2064	$3,400	$1.65	43d	1	0.40mi
311 Villena Way Palm Desert, CA	2.0	2.0	1653	$7,000	$4.23	24d	1	0.40mi
352 S Sierra Madre Palm Desert, CA	2.0	2.0	1584	$5,800	$3.66	43d	1	0.41mi
255 San Remo St Palm Desert, CA	2.0	2.0	1656	$6,600	$3.99	43d	1	0.44mi
316 S Sierra Madre Palm Desert, CA	2.0	2.0	1656	$5,700	$3.44	43d	1	0.44mi
305 Durango Palm Desert, CA	2.0	2.0	1670	$6,300	$3.77	43d	1	0.45mi
40605 Ventana Ct Palm Desert, CA	3.0	2.5	2093	$4,500	$2.15	18d	1	0.45mi
4 Hermosillo Ln Palm Desert, CA	2.0	2.0	1572	$2,900	$1.84	18d	1	0.47mi
153 Camino Arroyo N Palm Desert, CA	3.0	2.0	1980	$7,300	$3.69	20d	1	0.49mi
295 Cordoba Way Palm Desert, CA	2.0	2.0	1800	$6,000	$3.33	43d	1	0.49mi
39 Camino Arroyo Pl Palm Desert, CA	2.0	2.0	1533	$6,000	$3.91	43d	1	0.52mi
217 Las Lomas Palm Desert, CA	2.0	2.0	1656	$6,300	$3.80	43d	1	0.57mi
314 Gran Via Ct Palm Desert, CA	2.0	1.5	1303	$4,700	$3.61	43d	1	0.58mi
264 Avenida del Sol Palm Desert, CA	2.0	2.0	1800	$6,000	$3.33	43d	1	0.60mi
205 Las Lomas Palm Desert, CA	2.0	2.0	1457	$6,000	$4.12	43d	1	0.62mi
25 Maximo Way Palm Desert, CA	3.0	3.0	2056	$7,800	$3.79	43d	1	0.62mi
40064 Silktree Ct Palm Desert, CA	3.0	2.0	1712	$3,200	$1.87	24d	1	0.62mi
74300 Country Club Dr Unit 366 Palm Desert, CA	2.0	2.0	1140	$7,170	$6.29	43d	1	0.64mi
74300 Country Club Dr Apt 5001 Palm Desert, CA	2.0	2.0	1099	$7,120	$6.48	43d	1	0.64mi
345 Gran Via Palm Desert, CA	2.0	2.0	1584	$5,500	$3.47	43d	1	0.68mi
40255 Sagewood Dr Palm Desert, CA	3.0	2.0	1712	$3,300	$1.93	18d	1	0.68mi

HOA detail condo

• Monthly dues: $690 · $8,280/yr
• Likely covers: security
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 14 events

1. 2026-05-21
   status Pending
2. 2026-04-29
   historical Active Under Contract
3. 2026-04-17
   price $419,000
4. 2026-02-14
   listed $450,000 Active
5. 2026-02-13
   historical $450,000
6. 2018-03-21
   soldstatus $320,000 Closed 750-char remark

   Show marketing remark (750 chars)

   Beautifully maintained 2 bedroom/2 bath plus den condo in gated community of Casablanca. Best location, quiet and surrounded by green space. Mountain views in several directions. This home has been thoughtfully updated over the years. New cabinets in the kitchen and bathrooms with granite countertops. Large tiled walk-in shower in Master Bedroom. Original 3rd bedroom has been converted to a den, but could become a bedroom again. Original atrium enclosed and made into office space connected to Master Bedroom. Second Large closet added to Master Bedroom by taking space from the garage. Currently garage has space for one car and a golf cart, but could easily be made back into a two car garage. Some furniture may be available outside of escrow.

7. 2018-03-21
   soldstatus $300,000

   Show marketing remark (750 chars)

   Beautifully maintained 2 bedroom/2 bath plus den condo in gated community of Casablanca. Best location, quiet and surrounded by green space. Mountain views in several directions. This home has been thoughtfully updated over the years. New cabinets in the kitchen and bathrooms with granite countertops. Large tiled walk-in shower in Master Bedroom. Original 3rd bedroom has been converted to a den, but could become a bedroom again. Original atrium enclosed and made into office space connected to Master Bedroom. Second Large closet added to Master Bedroom by taking space from the garage. Currently garage has space for one car and a golf cart, but could easily be made back into a two car garage. Some furniture may be available outside of escrow.

8. 2018-03-17
   status Pending 750-char remark

   Show marketing remark (750 chars)

   Beautifully maintained 2 bedroom/2 bath plus den condo in gated community of Casablanca. Best location, quiet and surrounded by green space. Mountain views in several directions. This home has been thoughtfully updated over the years. New cabinets in the kitchen and bathrooms with granite countertops. Large tiled walk-in shower in Master Bedroom. Original 3rd bedroom has been converted to a den, but could become a bedroom again. Original atrium enclosed and made into office space connected to Master Bedroom. Second Large closet added to Master Bedroom by taking space from the garage. Currently garage has space for one car and a golf cart, but could easily be made back into a two car garage. Some furniture may be available outside of escrow.

9. 2018-02-04
   status Backup Offers Accepted 750-char remark

   Show marketing remark (750 chars)

   Beautifully maintained 2 bedroom/2 bath plus den condo in gated community of Casablanca. Best location, quiet and surrounded by green space. Mountain views in several directions. This home has been thoughtfully updated over the years. New cabinets in the kitchen and bathrooms with granite countertops. Large tiled walk-in shower in Master Bedroom. Original 3rd bedroom has been converted to a den, but could become a bedroom again. Original atrium enclosed and made into office space connected to Master Bedroom. Second Large closet added to Master Bedroom by taking space from the garage. Currently garage has space for one car and a golf cart, but could easily be made back into a two car garage. Some furniture may be available outside of escrow.

10. 2018-01-19
    listed $329,000 Active 750-char remark

    Show marketing remark (750 chars)

    Beautifully maintained 2 bedroom/2 bath plus den condo in gated community of Casablanca. Best location, quiet and surrounded by green space. Mountain views in several directions. This home has been thoughtfully updated over the years. New cabinets in the kitchen and bathrooms with granite countertops. Large tiled walk-in shower in Master Bedroom. Original 3rd bedroom has been converted to a den, but could become a bedroom again. Original atrium enclosed and made into office space connected to Master Bedroom. Second Large closet added to Master Bedroom by taking space from the garage. Currently garage has space for one car and a golf cart, but could easily be made back into a two car garage. Some furniture may be available outside of escrow.

11. 2003-06-17
    soldstatus $253,000
12. 2003-04-24
    historical
13. 2003-03-11
    listed $259,000
14. 1989-11-15
    soldstatus $132,500

ⓘ 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: $4,943 · $412/mo
• Projected year-2 tax: $4,943 · $412/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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥114°F today · 19 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: $56,728
• − Mortgage interest: −$23,471
• − Property taxes: −$4,943
• − Insurance: −$2,095
• − Repairs & maintenance: −$4,538
• − Management: −$4,538
• − HOA: −$8,280
• − Depreciation: −$12,189
• Taxable loss: −$3,325
• Est. tax savings @ 24.0%: +$798
• After-tax cash flow: $3,929/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

+216.2% since first listed

14 events — show timeline

• 2026-05-21 Pending — GPSMLS
• 2026-04-29 Contingent — GPSMLS
• 2026-04-17 Price Changed $419,000 GPSMLS
• 2026-02-14 Listed $450,000 GPSMLS
• 2026-02-13 Coming Soon $450,000 GPSMLS
• 2018-03-21 Sold (Public Records) $300,000 Public Records
• 2018-03-21 Sold (MLS) $320,000 GPSMLS
• 2018-03-17 Pending — GPSMLS
• 2018-02-04 Pending — GPSMLS
• 2018-01-19 Listed $329,000 GPSMLS
• 2003-06-17 Sold (Public Records) $253,000 Public Records
• 2003-04-24 Listing Removed — GPSMLS
• 2003-03-11 Listed $259,000 GPSMLS
• 1989-11-15 Sold (Public Records) $132,500 Public Records

Property tax history

+2.2%/yr

Latest (2025): $4,943 · +2.5% YoY. Source: county tax records.