28648 W Natoma · Cathedral City, CA 92234

$219,000

2 bd · 2.0 ba · 1,177 sqft · Condo public records · 58 Days on market

Built 1985 $186/sqft · 25% below area Est $293k · 25% under $995/mo HOA · 28% 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 +21.2/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +6.7/10.0
• Rent growth +3.3/5.0
• Livability +3.3/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Whether you're searching for a relaxing weekend retreat, a rental income opportunity, or your forever home, this beautifully updated 2-bedroom, 2-bath condominium in Desert Princess Country Club offers the perfect blend of comfort, style, and resort living. Freshly painted and turnkey furnished, this 1,177-square-foot home features tasteful upgrades throughout, including wood flooring, stainless steel kitchen appliances, a large basin sink, and updated cabinetry. The open layout provides flexible dining options with space at the kitchen bar counter or dining table--ideal for both casual mornings and entertaining guests. Step outside and enjoy two inviting patio spaces. The front private courtyard patio offers beautiful mountain views, while the back patio captures sunshine and serene lake views--perfect for enjoying your morning coffee or evening relaxation. The HVAC system has recently been replaced, adding peace of mind and energy efficiency. Residents enjoy an impressive array of HOA amenities, including cable and internet, 24-hour gated security with roving patrol, a fitness center, tennis, pickleball, and bocce. Golf enthusiasts will appreciate exclusive discounts and preferred tee times at the community's 27-hole PGA Championship golf course. Please note: the property is on a land lease expiring in 2069. Don't miss this opportunity to own in one of the desert's most desirable resort communities--call today to schedule your private showing!

Key facts

• Wood flooring
• Large basin sink
• Updated cabinetry

Tags

• UPDATED CABINETRY
• WOOD FLOORING
• LARGE BASIN SINK
• PRIVATE COURTYARD PATIO
• MOUNTAIN VIEWS
• RECENTLY REPLACED HVAC SYSTEM

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $219k.

Deal economics

• At list price, monthly cash flow is $315 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $219k).
• Recommended offer: $212k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 5.1% in Cathedral City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 66/100 on livability (#344 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing B+; Watch: employment D+, amenities D-, cost of living F.
• Palm Springs Unified (suburban): math 21% / reading 42% proficiency, ranked #328 of 517 in CA (top 63%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Rio Vista Elementary (690 students, 96% FRL); James Workman Middle (1,028 students, 99% FRL); Cathedral City High (math 25% / reading 61%, grade F, #460 of 1,170 statewide, top 40%, 1,395 students, 98% FRL) — zoned schools average 98% FRL vs 73% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.2%/yr); 529 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); 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 $3,563/mo this rent would consume 58% of the median local household income ($74k/yr) (locally 1682% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 58 days — a 3% lower offer ($212k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 26y 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 $115k; list at $219k implies a 90% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 28% of rent.
• Climate carrying-cost: extreme-heat days projected 5→12/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $212,430 (3.0% below list)

Questions for the listing agent

1. It's been on market 58 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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.
7. 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.
8. 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: 1.63% ✓
• Cap rate: 8.02%
• Cash-on-cash: 6.16%
• DSCR: 1.27
• GRM: 5.1

CMA / ARV

• ARV (median comp): $292,801
• List price: $219,000
• Delta: -25.21%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -6.1%
• Equity multiple: 0.77×
• Total profit: $-13,990
• Equity at exit: $32,654

10-year hold

• IRR: 4.3%
• Equity multiple: 1.32×
• Total profit: $19,572
• Equity at exit: $18,935

Cash invested: $61,320 (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 92234

• Home prices YoY: -27.7%
• Rents YoY: 3.2%
• Active inventory: 529
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $3,563 high
• Mortgage (P&I): −$1,148
• Tax from tax record: −$265 /mo · $3,186/yr
• Insurance: −$91
• HOA: −$995
• Vacancy / Maint / Mgmt: −$748
• Net cashflow: $315

Break-even live

Break-even rent $3,165

Max offer price $219,000

Occupancy floor 86%

Sensitivity live

Price	-10% $439	-5% $377	+0% $315	+5% $253	+10% $191
Rent	-10% $33	-5% $174	+0% $315	+5% $456	+10% $596
Rate	-1.0pp $425	-0.5pp $370	base $315	+0.5pp $258	+1.0pp $200

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: $54,750
• Closing costs: $6,570
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
28764 Taos Ct Cathedral City, CA	2.0	2.0	1177	$4,400	$3.74	45d	1	0.09mi
28656 Taos Ct Cathedral City, CA	2.0	2.0	1177	$2,200	$1.87	45d	1	0.10mi
28920 W Natoma Dr Cathedral City, CA	2.0	2.0	1177	$4,000	$3.40	45d	1	0.11mi
28602 Taos Ct Cathedral City, CA	2.0	2.0	1212	$4,000	$3.30	45d	1	0.12mi
28477 Taos Ct Cathedral City, CA	2.0	2.0	1212	$4,000	$3.30	45d	1	0.16mi
29017 W Natoma Dr Cathedral City, CA	2.0	2.0	1177	$2,395	$2.03	45d	1	0.16mi
28859 Desert Princess Dr Cathedral City, CA	3.0	2.0	1285	$3,700	$2.88	45d	1	0.16mi
28464 Taos Ct Cathedral City, CA	2.0	2.0	1212	$2,100	$1.73	25d	1	0.18mi
67595 Lagos Way Cathedral City, CA	3.0	3.0	1285	$3,500	$2.72	45d	1	0.18mi
28914 Desert Princess Dr Unit 702 Palm Springs, CA	2.0	2.0	1212	$4,200	$3.47	26d	1	0.19mi
28964 Desert Princess Dr Cathedral City, CA	2.0	2.0	1177	$2,700	$2.29	45d	1	0.21mi
28984 Desert Princess Dr Unit 702 Cathedral City, CA	1.0	2.0	851	$3,400	$4.00	45d	1	0.21mi
67665 Lagos Way Cathedral City, CA	3.0	2.0	1285	$4,500	$3.50	45d	1	0.21mi
29170 W Laguna Dr Cathedral City, CA	2.0	3.0	1425	$6,000	$4.21	45d	1	0.22mi
67552 N Natoma Dr Cathedral City, CA	2.0	2.0	1177	$4,200	$3.57	45d	1	0.22mi
29118 Desert Princess Dr Unit 702 Cathedral City, CA	2.0	2.0	1212	$4,200	$3.47	45d	1	0.26mi
67463 Toltec Ct Cathedral City, CA	1.0	2.0	851	$3,500	$4.11	45d	1	0.26mi
67444 Toltec Ct Cathedral City, CA	2.0	2.0	1212	$3,000	$2.48	4d	1	0.30mi
28827 Isleta Ct Cathedral City, CA	3.0	2.0	1285	$4,500	$3.50	45d	1	0.31mi
67240 S Chimayo Dr Unit 702 Cathedral City, CA	1.0	2.0	851	$2,200	$2.59	45d	1	0.33mi
67232 S Chimayo Dr Cathedral City, CA	3.0	2.0	1285	$4,500	$3.50	45d	1	0.33mi
67328 Cumbres Ct Unit 702 Cathedral City, CA	1.0	2.0	851	$3,400	$4.00	45d	1	0.35mi
67320 Cumbres Ct Cathedral City, CA	2.0	2.0	1212	$4,200	$3.47	45d	1	0.36mi
67553 N Portales Dr Cathedral City, CA	2.0	2.0	1212	$4,200	$3.47	45d	1	0.36mi
67553 N Portales Dr Unit 288 Cathedral City, CA	2.0	2.0	1212	$4,200	$3.47	26d	1	0.36mi
28868 Isleta Ct Cathedral City, CA	2.0	2.0	1285	$4,900	$3.81	45d	1	0.36mi
28868 Isleta Ct Unit 702 Cathedral City, CA	2.0	2.0	1285	$4,900	$3.81	26d	1	0.36mi
67261 Cumbres Ct Cathedral City, CA	2.0	2.0	984	$4,000	$4.07	45d	1	0.37mi
67727 S Natoma Dr Cathedral City, CA	2.0	3.0	1425	$4,500	$3.16	45d	1	0.41mi
67242 Cumbres Ct Cathedral City, CA	3.0	2.0	1285	$4,500	$3.50	26d	1	0.41mi
67330 W Chimayo Dr Cathedral City, CA	2.0	2.0	1177	$3,300	$2.80	45d	1	0.42mi
28763 E Portales Dr Cathedral City, CA	2.0	2.0	984	$4,200	$4.27	9d	1	0.43mi
67263 N Chimayo Dr Cathedral City, CA	2.0	2.0	1177	$4,200	$3.57	16d	1	0.45mi
67821 N Portales Dr Cathedral City, CA	2.0	2.0	1177	$4,000	$3.40	45d	1	0.46mi
67821 N Portales Dr Unit 251 Cathedral City, CA	2.0	2.0	1177	$4,000	$3.40	26d	1	0.46mi
29199 E Portales Dr Unit 702 Cathedral City, CA	2.0	2.0	1177	$4,200	$3.57	45d	1	0.46mi
67847 N Portales Dr Unit 288 Cathedral City, CA	2.0	2.0	1212	$4,200	$3.47	45d	1	0.47mi
29704 W Trancas Dr Cathedral City, CA	2.0	2.5	1425	$6,000	$4.21	45d	1	0.51mi
28260 Landau Blvd Unit B Cathedral City, CA	3.0	2.0	1354	$2,475	$1.83	0d	1	0.55mi
67765 Ovante Rd Cathedral City, CA	3.0	2.0	1446	$2,699	$1.87	15d	1	0.62mi

HOA detail condo

• Monthly dues: $995 · $11,940/yr
• Likely covers: internetcablegymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-06-17
   status $219,000 Pending 58 DOM
2. 2026-06-17
   days on market $219,000 Active Under Contract 58 DOM
3. 2026-06-16
   days on market $219,000 Active Under Contract 57 DOM
4. 2026-06-15
   days on market $219,000 Active Under Contract 56 DOM
5. 2026-06-13
   days on market $219,000 Active Under Contract 54 DOM
6. 2026-06-13
   days on market $219,000 Active Under Contract 53 DOM
7. 2026-06-09
   days on market $219,000 Active Under Contract 50 DOM
8. 2026-06-08
   days on market $219,000 Active Under Contract 49 DOM
9. 2026-06-07
   days on market $219,000 Active Under Contract 48 DOM
10. 2026-06-04
    days on market $219,000 Active Under Contract 45 DOM
11. 2026-06-03
    days on market $219,000 Active Under Contract 44 DOM
12. 2026-06-02
    days on market $219,000 Active Under Contract 43 DOM
13. 2026-06-02
    status $219,000 Active Under Contract 42 DOM
14. 2026-06-01
    days on market $219,000 Active 42 DOM
15. 2026-05-31
    days on market $219,000 Active 41 DOM
16. 2026-05-12
    status Active 1469-char remark

    Show marketing remark (1469 chars)

    Whether you're searching for a relaxing weekend retreat, a rental income opportunity, or your forever home, this beautifully updated 2-bedroom, 2-bath condominium in Desert Princess Country Club offers the perfect blend of comfort, style, and resort living. Freshly painted and turnkey furnished, this 1,177-square-foot home features tasteful upgrades throughout, including wood flooring, stainless steel kitchen appliances, a large basin sink, and updated cabinetry. The open layout provides flexible dining options with space at the kitchen bar counter or dining table--ideal for both casual mornings and entertaining guests. Step outside and enjoy two inviting patio spaces. The front private courtyard patio offers beautiful mountain views, while the back patio captures sunshine and serene lake views--perfect for enjoying your morning coffee or evening relaxation. The HVAC system has recently been replaced, adding peace of mind and energy efficiency. Residents enjoy an impressive array of HOA amenities, including cable and internet, 24-hour gated security with roving patrol, a fitness center, tennis, pickleball, and bocce. Golf enthusiasts will appreciate exclusive discounts and preferred tee times at the community's 27-hole PGA Championship golf course. Please note: the property is on a land lease expiring in 2069. Don't miss this opportunity to own in one of the desert's most desirable resort communities--call today to schedule your private showing!

17. 2026-03-20
    status Pending 1469-char remark

    Show marketing remark (1469 chars)

    Whether you're searching for a relaxing weekend retreat, a rental income opportunity, or your forever home, this beautifully updated 2-bedroom, 2-bath condominium in Desert Princess Country Club offers the perfect blend of comfort, style, and resort living. Freshly painted and turnkey furnished, this 1,177-square-foot home features tasteful upgrades throughout, including wood flooring, stainless steel kitchen appliances, a large basin sink, and updated cabinetry. The open layout provides flexible dining options with space at the kitchen bar counter or dining table--ideal for both casual mornings and entertaining guests. Step outside and enjoy two inviting patio spaces. The front private courtyard patio offers beautiful mountain views, while the back patio captures sunshine and serene lake views--perfect for enjoying your morning coffee or evening relaxation. The HVAC system has recently been replaced, adding peace of mind and energy efficiency. Residents enjoy an impressive array of HOA amenities, including cable and internet, 24-hour gated security with roving patrol, a fitness center, tennis, pickleball, and bocce. Golf enthusiasts will appreciate exclusive discounts and preferred tee times at the community's 27-hole PGA Championship golf course. Please note: the property is on a land lease expiring in 2069. Don't miss this opportunity to own in one of the desert's most desirable resort communities--call today to schedule your private showing!

18. 2026-03-02
    historical Active Under Contract 1469-char remark

    Show marketing remark (1469 chars)

    Whether you're searching for a relaxing weekend retreat, a rental income opportunity, or your forever home, this beautifully updated 2-bedroom, 2-bath condominium in Desert Princess Country Club offers the perfect blend of comfort, style, and resort living. Freshly painted and turnkey furnished, this 1,177-square-foot home features tasteful upgrades throughout, including wood flooring, stainless steel kitchen appliances, a large basin sink, and updated cabinetry. The open layout provides flexible dining options with space at the kitchen bar counter or dining table--ideal for both casual mornings and entertaining guests. Step outside and enjoy two inviting patio spaces. The front private courtyard patio offers beautiful mountain views, while the back patio captures sunshine and serene lake views--perfect for enjoying your morning coffee or evening relaxation. The HVAC system has recently been replaced, adding peace of mind and energy efficiency. Residents enjoy an impressive array of HOA amenities, including cable and internet, 24-hour gated security with roving patrol, a fitness center, tennis, pickleball, and bocce. Golf enthusiasts will appreciate exclusive discounts and preferred tee times at the community's 27-hole PGA Championship golf course. Please note: the property is on a land lease expiring in 2069. Don't miss this opportunity to own in one of the desert's most desirable resort communities--call today to schedule your private showing!

19. 2026-02-27
    status Active 1469-char remark

    Show marketing remark (1469 chars)

    Whether you're searching for a relaxing weekend retreat, a rental income opportunity, or your forever home, this beautifully updated 2-bedroom, 2-bath condominium in Desert Princess Country Club offers the perfect blend of comfort, style, and resort living. Freshly painted and turnkey furnished, this 1,177-square-foot home features tasteful upgrades throughout, including wood flooring, stainless steel kitchen appliances, a large basin sink, and updated cabinetry. The open layout provides flexible dining options with space at the kitchen bar counter or dining table--ideal for both casual mornings and entertaining guests. Step outside and enjoy two inviting patio spaces. The front private courtyard patio offers beautiful mountain views, while the back patio captures sunshine and serene lake views--perfect for enjoying your morning coffee or evening relaxation. The HVAC system has recently been replaced, adding peace of mind and energy efficiency. Residents enjoy an impressive array of HOA amenities, including cable and internet, 24-hour gated security with roving patrol, a fitness center, tennis, pickleball, and bocce. Golf enthusiasts will appreciate exclusive discounts and preferred tee times at the community's 27-hole PGA Championship golf course. Please note: the property is on a land lease expiring in 2069. Don't miss this opportunity to own in one of the desert's most desirable resort communities--call today to schedule your private showing!

20. 2026-02-25
    listed $219,000 Active 1469-char remark

    Show marketing remark (1469 chars)

    Whether you're searching for a relaxing weekend retreat, a rental income opportunity, or your forever home, this beautifully updated 2-bedroom, 2-bath condominium in Desert Princess Country Club offers the perfect blend of comfort, style, and resort living. Freshly painted and turnkey furnished, this 1,177-square-foot home features tasteful upgrades throughout, including wood flooring, stainless steel kitchen appliances, a large basin sink, and updated cabinetry. The open layout provides flexible dining options with space at the kitchen bar counter or dining table--ideal for both casual mornings and entertaining guests. Step outside and enjoy two inviting patio spaces. The front private courtyard patio offers beautiful mountain views, while the back patio captures sunshine and serene lake views--perfect for enjoying your morning coffee or evening relaxation. The HVAC system has recently been replaced, adding peace of mind and energy efficiency. Residents enjoy an impressive array of HOA amenities, including cable and internet, 24-hour gated security with roving patrol, a fitness center, tennis, pickleball, and bocce. Golf enthusiasts will appreciate exclusive discounts and preferred tee times at the community's 27-hole PGA Championship golf course. Please note: the property is on a land lease expiring in 2069. Don't miss this opportunity to own in one of the desert's most desirable resort communities--call today to schedule your private showing!

21. 2025-08-28
    soldstatus $115,000
22. 2020-03-25
    status Pending 1178-char remark

    Show marketing remark (1178 chars)

    NEW PRICE! Must see this 2 bedroom ~ 2 bath condominium. This corner unit location is the perfect vacation getaway or primary residence! You can sit on your back patio and watch the golfers go by. Great sun and shade on the patio perfect for entertaining! Kitchen offers granite counter tops, large granite breakfast bar, refaced cabinets and updated stainless appliances. Some furnishings available per inventory list. . Air Conditioning, Water Heater and appliances installed in 2018. Close to pool & spa. This unit has a Indian Land lease that has been extended to 2069. Priced to sell. Single car garage. This unit checks all the boxes! Desert Princess has an affordable 27-hole PGA Championship golf course, rated among the best in the valley by Golf Digest. Desert Princess is a guard gated community located just minutes to Palm Springs to enjoy all the restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, Theaters, and the Street Fair. Desert Princess Community offers 33-swimming pools & Spas, 10-tennis courts, a state-of-the-art fitness center and a very active social country club. Call Erin today for your private showing!

23. 2020-03-25
    soldstatus $195,000 Closed 1178-char remark

    Show marketing remark (1178 chars)

    NEW PRICE! Must see this 2 bedroom ~ 2 bath condominium. This corner unit location is the perfect vacation getaway or primary residence! You can sit on your back patio and watch the golfers go by. Great sun and shade on the patio perfect for entertaining! Kitchen offers granite counter tops, large granite breakfast bar, refaced cabinets and updated stainless appliances. Some furnishings available per inventory list. . Air Conditioning, Water Heater and appliances installed in 2018. Close to pool & spa. This unit has a Indian Land lease that has been extended to 2069. Priced to sell. Single car garage. This unit checks all the boxes! Desert Princess has an affordable 27-hole PGA Championship golf course, rated among the best in the valley by Golf Digest. Desert Princess is a guard gated community located just minutes to Palm Springs to enjoy all the restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, Theaters, and the Street Fair. Desert Princess Community offers 33-swimming pools & Spas, 10-tennis courts, a state-of-the-art fitness center and a very active social country club. Call Erin today for your private showing!

24. 2020-03-25
    soldstatus $195,000

    Show marketing remark (1178 chars)

    NEW PRICE! Must see this 2 bedroom ~ 2 bath condominium. This corner unit location is the perfect vacation getaway or primary residence! You can sit on your back patio and watch the golfers go by. Great sun and shade on the patio perfect for entertaining! Kitchen offers granite counter tops, large granite breakfast bar, refaced cabinets and updated stainless appliances. Some furnishings available per inventory list. . Air Conditioning, Water Heater and appliances installed in 2018. Close to pool & spa. This unit has a Indian Land lease that has been extended to 2069. Priced to sell. Single car garage. This unit checks all the boxes! Desert Princess has an affordable 27-hole PGA Championship golf course, rated among the best in the valley by Golf Digest. Desert Princess is a guard gated community located just minutes to Palm Springs to enjoy all the restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, Theaters, and the Street Fair. Desert Princess Community offers 33-swimming pools & Spas, 10-tennis courts, a state-of-the-art fitness center and a very active social country club. Call Erin today for your private showing!

25. 2020-02-07
    historical Active Under Contract 1178-char remark

    Show marketing remark (1178 chars)

    NEW PRICE! Must see this 2 bedroom ~ 2 bath condominium. This corner unit location is the perfect vacation getaway or primary residence! You can sit on your back patio and watch the golfers go by. Great sun and shade on the patio perfect for entertaining! Kitchen offers granite counter tops, large granite breakfast bar, refaced cabinets and updated stainless appliances. Some furnishings available per inventory list. . Air Conditioning, Water Heater and appliances installed in 2018. Close to pool & spa. This unit has a Indian Land lease that has been extended to 2069. Priced to sell. Single car garage. This unit checks all the boxes! Desert Princess has an affordable 27-hole PGA Championship golf course, rated among the best in the valley by Golf Digest. Desert Princess is a guard gated community located just minutes to Palm Springs to enjoy all the restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, Theaters, and the Street Fair. Desert Princess Community offers 33-swimming pools & Spas, 10-tennis courts, a state-of-the-art fitness center and a very active social country club. Call Erin today for your private showing!

26. 2020-02-04
    price $199,900 1178-char remark

    Show marketing remark (1178 chars)

    NEW PRICE! Must see this 2 bedroom ~ 2 bath condominium. This corner unit location is the perfect vacation getaway or primary residence! You can sit on your back patio and watch the golfers go by. Great sun and shade on the patio perfect for entertaining! Kitchen offers granite counter tops, large granite breakfast bar, refaced cabinets and updated stainless appliances. Some furnishings available per inventory list. . Air Conditioning, Water Heater and appliances installed in 2018. Close to pool & spa. This unit has a Indian Land lease that has been extended to 2069. Priced to sell. Single car garage. This unit checks all the boxes! Desert Princess has an affordable 27-hole PGA Championship golf course, rated among the best in the valley by Golf Digest. Desert Princess is a guard gated community located just minutes to Palm Springs to enjoy all the restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, Theaters, and the Street Fair. Desert Princess Community offers 33-swimming pools & Spas, 10-tennis courts, a state-of-the-art fitness center and a very active social country club. Call Erin today for your private showing!

27. 2020-01-17
    price $220,000 1178-char remark

    Show marketing remark (1178 chars)

    NEW PRICE! Must see this 2 bedroom ~ 2 bath condominium. This corner unit location is the perfect vacation getaway or primary residence! You can sit on your back patio and watch the golfers go by. Great sun and shade on the patio perfect for entertaining! Kitchen offers granite counter tops, large granite breakfast bar, refaced cabinets and updated stainless appliances. Some furnishings available per inventory list. . Air Conditioning, Water Heater and appliances installed in 2018. Close to pool & spa. This unit has a Indian Land lease that has been extended to 2069. Priced to sell. Single car garage. This unit checks all the boxes! Desert Princess has an affordable 27-hole PGA Championship golf course, rated among the best in the valley by Golf Digest. Desert Princess is a guard gated community located just minutes to Palm Springs to enjoy all the restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, Theaters, and the Street Fair. Desert Princess Community offers 33-swimming pools & Spas, 10-tennis courts, a state-of-the-art fitness center and a very active social country club. Call Erin today for your private showing!

28. 2019-12-30
    price $230,000 1178-char remark

    Show marketing remark (1178 chars)

    NEW PRICE! Must see this 2 bedroom ~ 2 bath condominium. This corner unit location is the perfect vacation getaway or primary residence! You can sit on your back patio and watch the golfers go by. Great sun and shade on the patio perfect for entertaining! Kitchen offers granite counter tops, large granite breakfast bar, refaced cabinets and updated stainless appliances. Some furnishings available per inventory list. . Air Conditioning, Water Heater and appliances installed in 2018. Close to pool & spa. This unit has a Indian Land lease that has been extended to 2069. Priced to sell. Single car garage. This unit checks all the boxes! Desert Princess has an affordable 27-hole PGA Championship golf course, rated among the best in the valley by Golf Digest. Desert Princess is a guard gated community located just minutes to Palm Springs to enjoy all the restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, Theaters, and the Street Fair. Desert Princess Community offers 33-swimming pools & Spas, 10-tennis courts, a state-of-the-art fitness center and a very active social country club. Call Erin today for your private showing!

29. 2019-12-12
    listed $240,000 Active 1178-char remark

    Show marketing remark (1178 chars)

    NEW PRICE! Must see this 2 bedroom ~ 2 bath condominium. This corner unit location is the perfect vacation getaway or primary residence! You can sit on your back patio and watch the golfers go by. Great sun and shade on the patio perfect for entertaining! Kitchen offers granite counter tops, large granite breakfast bar, refaced cabinets and updated stainless appliances. Some furnishings available per inventory list. . Air Conditioning, Water Heater and appliances installed in 2018. Close to pool & spa. This unit has a Indian Land lease that has been extended to 2069. Priced to sell. Single car garage. This unit checks all the boxes! Desert Princess has an affordable 27-hole PGA Championship golf course, rated among the best in the valley by Golf Digest. Desert Princess is a guard gated community located just minutes to Palm Springs to enjoy all the restaurants, shopping, casinos, an international airport, the Tramway, Art Museum, Theaters, and the Street Fair. Desert Princess Community offers 33-swimming pools & Spas, 10-tennis courts, a state-of-the-art fitness center and a very active social country club. Call Erin today for your private showing!

30. 2018-05-15
    soldstatus $140,000 Sold
31. 2018-05-14
    soldstatus $140,000
32. 2018-04-21
    status Pending
33. 2018-04-02
    historical Contingent
34. 2017-11-01
    listed $152,000 Active
35. 2017-04-07
    historical
36. 2017-03-15
    price $149,000
37. 2017-01-20
    listed $154,000 Active
38. 2017-01-19
    historical
39. 2016-11-18
    listed $154,000 Active
40. 2016-05-13
    historical
41. 2015-11-26
    listed $158,000 Active
42. 2006-09-05
    historical
43. 2006-03-04
    listed $235,000
44. 2005-09-26
    historical
45. 2005-08-12
    listed
46. 2003-08-28
    historical
47. 2003-05-13
    listed $117,000
48. 2002-12-12
    historical
49. 2002-11-14
    historical
50. 2002-11-14
    listed $89,000

ⓘ 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: $3,186 · $265/mo
• Projected year-2 tax: $3,186 · $265/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 5 d/yr ≥112°F today · 12 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $42,759
• − Mortgage interest: −$12,267
• − Property taxes: −$3,186
• − Insurance: −$1,095
• − Repairs & maintenance: −$3,421
• − Management: −$3,421
• − HOA: −$11,940
• − Depreciation: −$6,371
• Taxable income: $1,058
• Est. tax owed @ 24.0%: −$254
• After-tax cash flow: $3,523/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Palm Springs Unified
• NCES district ID: 0629550
• Math proficiency: 21% ▼ -7.00%
• Reading proficiency: 42% ▬ 0.00%
• Median HH income: $43,638
• Composite: 26.76/100
• National rank: #7131
• State rank: #328 of 517 in CA

Livability — Cathedral City

• Score: 66/100
• State rank: #344
• US rank: #11749

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cathedral City, CA
• County: Riverside County · 2,287,001 people
• City population: 52,267
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 52,267
• Household income: $73,572
• Rent vs Own: 33.5% rent · 66.5% own
• Severe rent burden: 1682.0

Population outlook (Riverside County) Hauer SSP2

• Today (2025): 2,664,475 people
• By 2030: 2,802,692 · +5.2%
• By 2040: 3,050,904 · +14.5%
• By 2050: 3,256,783 · +22.2%
• By 2075: 3,655,058 · +37.2%
• By 2100: 3,766,594 · +41.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Hispanic / Latino 59% White 30% Two or more races 27% Asian 6% Native American 2% Black 2%
• Hispanic origin (detail): Mexican 51%
• Common ancestry: Lithuanian 2% Romanian 1% Italian 1%
• Foreign-born: 28% · Canada, Vietnam
• Languages at home: 48% English-only · Spanish 46% Tagalog/Filipino 3% Other Asian/Pacific 1%

Political lean MEDSL · Riverside

• 2024 margin: Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
• 2008→2024 swing: -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
• All cycles: 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -136.57%
• Current HPI: 356.9845
• Rent YoY: ▲ 3.22%
• Metro: Riverside-San Bernardino-Ontario, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+99.1% since first listed

38 events — show timeline

• 2026-05-12 Relisted — GPSMLS
• 2026-03-20 Pending — GPSMLS
• 2026-03-02 Contingent — GPSMLS
• 2026-02-27 Relisted — GPSMLS
• 2026-02-25 Listed $219,000 GPSMLS
• 2025-08-28 Sold (Public Records) $115,000 Public Records
• 2020-03-25 Pending — GPSMLS
• 2020-03-25 Sold (Public Records) $195,000 Public Records
• 2020-03-25 Sold (MLS) $195,000 GPSMLS
• 2020-02-07 Contingent — GPSMLS
• 2020-02-04 Price Changed $199,900 GPSMLS
• 2020-01-17 Price Changed $220,000 GPSMLS
• 2019-12-30 Price Changed $230,000 GPSMLS
• 2019-12-12 Listed $240,000 GPSMLS
• 2018-05-15 Sold (MLS) $140,000 GPSMLS
• 2018-05-14 Sold (Public Records) $140,000 Public Records
• 2018-04-21 Pending — GPSMLS
• 2018-04-02 Contingent — GPSMLS
• 2017-11-01 Listed $152,000 GPSMLS
• 2017-04-07 Listing Removed — GPSMLS
• 2017-03-15 Price Changed $149,000 GPSMLS
• 2017-01-20 Listed $154,000 GPSMLS
• 2017-01-19 Listing Removed — GPSMLS
• 2016-11-18 Listed $154,000 GPSMLS
• 2016-05-13 Listing Removed — GPSMLS
• 2015-11-26 Listed $158,000 GPSMLS
• 2006-09-05 Listing Removed — GPSMLS
• 2006-03-04 Listed $235,000 GPSMLS
• 2005-09-26 Delisted — PALM
• 2005-08-12 Listed — PALM
• 2003-08-28 Listing Removed — GPSMLS
• 2003-05-13 Listed $117,000 GPSMLS
• 2002-12-12 Listing Removed — GPSMLS
• 2002-11-14 Listed $89,000 GPSMLS
• 2002-11-14 Listing Removed — GPSMLS
• 2001-04-19 Listed $89,900 GPSMLS
• 2001-04-03 Listing Removed — GPSMLS
• 2000-11-01 Listed $110,000 GPSMLS

Property tax history

+3.5%/yr

Latest (2025): $3,186 · -0.5% YoY. Source: county tax records.