33183 Laura · Thousand Palms, CA 92276

$152,000

2 bd · 2.0 ba · 1,008 sqft · Manufactured public records · 69 Days on market

Built 1972 4,792 sqft lot $151/sqft · 9% above area Est $139k · 9% over $365/mo HOA · 18% 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 +21.8/30.0
• 1% rule +8.3/10.0
• DSCR +7.0/10.0
• ARV discount +3.2/15.0
• Schools +2.7/10.0
• Livability +2.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Move-In Ready Home with New Paint, Vinyl Windows & Access to 2 Pools, Golf & Resort-Style Amenities Welcome to 33183 Laura Dr in Thousand Palms, a move-in ready home offering recent updates and access to resort-style amenities in a prime Coachella Valley location. Featuring new exterior paint, a freshly painted kitchen, new interior carpet, and newer vinyl windows, this home delivers immediate value with comfort and efficiency already in place. Inside, you’ll find a bright and open layout with spacious living areas and a functional kitchen that flows seamlessly into the dining and living space, ideal for both everyday living and entertaining. The home offers generously sized bedrooms, ample storage, and a practical floor plan that maximizes usable space. Residents enjoy a vibrant community lifestyle with HOA amenities including pickleball courts, tennis courts, bocce ball, a golf course, two large swimming pools, spa/jacuzzi, clubhouse, meeting room, picnic areas, and an outdoor BBQ and seating area. Conveniently located near Palm Desert, Rancho Mirage, shopping, dining, golf courses, and freeway access, this home is ideal for full-time living, a seasonal retreat, or investment opportunity. Don’t miss this opportunity to own a well-maintained home with upgrades, lifestyle, and location all in one.

Key facts

• Functional kitchen
• Vinyl windows
• New paint

Tags

• NEW PAINT
• VINYL WINDOWS
• ACCESS TO 2 POOLS
• BRIGHT AND OPEN LAYOUT
• FUNCTIONAL KITCHEN
• GENEROUSLY SIZED BEDROOMS

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $152k.

Deal economics

• At list price, monthly cash flow is $114 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $152k).
• Recommended offer: $143k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 5.2% in Thousand Palms — 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 53/100 on livability (#950 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: cost of living D, crime F, amenities 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: Della S. Lindley Elementary (584 students, 96% FRL); Nellie N. Coffman Middle (953 students, 98% FRL); Rancho Mirage High (math 15% / reading 38%, grade F, #804 of 1,170 statewide, top 69%, 1,491 students, 97% FRL) — zoned schools average 97% FRL vs 73% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 101 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 69 days — a 6% lower offer ($143k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 21y ago; this cycle's ask has dropped $13k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $75k; list at $152k implies a 103% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $122/mo.
• Climate carrying-cost: in FEMA flood zone AO (mandatory federal flood insurance); moderate wildfire risk; extreme-heat days projected 5→13/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $142,880 (6.0% below list)

Questions for the listing agent

1. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. Crime grade is F 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?
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 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: 1.33% ✓
• Cap rate: 8.16%
• Cash-on-cash: 6.67%
• DSCR: 1.30
• GRM: 6.3

CMA / ARV

• ARV (median comp): $138,843
• List price: $152,000
• Delta: 9.48%
• 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
32300 Saint Andrews Dr	0.58mi	2/2.0	1,000 (-1%)	2mo	$190,000	$190	70
32585 Saint Andrews Dr	0.53mi	2/2.0	1,040 (+3%)	2mo	$239,500	$230	68
32530 San Miguelito Dr	0.38mi	2/2.0	1,096 (+9%)	1mo	$169,000	$154	67
32490 San Miguelito	0.41mi	2/2.0	940 (-7%)	6mo	$185,000	$197	65
32220 San Miguelito Dr	0.62mi	2/2.0	964 (-4%)	2mo	$95,000	$99	63
32221 San Miguelito Dr	0.61mi	2/2.0	1,040 (+3%)	8mo	$155,000	$149	60
32081 San Miguelito Dr	0.69mi	2/2.0	1,040 (+3%)	6mo	$149,500	$144	58
32100 San Miguelito Dr	0.68mi	2/2.0	1,040 (+3%)	6mo	$125,000	$120	57
32160 San Miguelito Dr	0.65mi	2/2.0	1,060 (+5%)	6mo	$140,000	$132	56
73286 Broadmoor Dr	0.34mi	2/2.0	860 (-15%)	6mo	$120,000	$140	54
32150 Cody Ave	0.72mi	2/2.0	1,120 (+11%)	1mo	$125,000	$112	47
73607 Black Eagle	0.55mi	3/2.0 (+1)	1,152 (+14%)	4mo	$150,000	$130	42

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -11.0%
• Equity multiple: 0.60×
• Total profit: $-17,052
• Equity at exit: $22,664

10-year hold

• IRR: -1.5%
• Equity multiple: 0.90×
• Total profit: $-4,264
• Equity at exit: $13,142

Cash invested: $42,560 (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 92276

• Home prices YoY: -10.9%
• Active inventory: 101
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $2,024 high
• Mortgage (P&I): −$797
• Tax from tax record: −$137 /mo · $1,642/yr
• Insurance: −$63
• Flood insurance flood zone: −$122 /mo · $1,468/yr
• HOA: −$365
• Vacancy / Maint / Mgmt: −$425
• Net cashflow: $114

Break-even live

Break-even rent $1,879

Max offer price $152,000

Occupancy floor 89%

Sensitivity live

Price	-10% $200	-5% $157	+0% $114	+5% $71	+10% $28
Rent	-10% $-46	-5% $34	+0% $114	+5% $194	+10% $274
Rate	-1.0pp $191	-0.5pp $153	base $114	+0.5pp $75	+1.0pp $35

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: $38,000
• Closing costs: $4,560
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
33371 Tubac Trl Thousand Palms, CA	2.0	2.0	1464	$1,800	$1.23	22d	1	0.38mi
33371 Tubac Trl Thousand Palms, CA	2.0	2.0	1464	$2,000	$1.37	45d	1	0.38mi
32373 Chiricahua Dr Thousand Palms, CA	3.0	2.0	1344	$2,500	$1.86	45d	1	0.41mi
32567 Southern Hills Ave Thousand Palms, CA	3.0	1.0	912	$1,399	$1.53	45d	1	0.57mi
32545 Westchester Dr Thousand Palms, CA	2.0	2.0	1200	$1,950	$1.62	26d	1	0.63mi
73274 Azure Rain #104 Palm Desert, CA	2.0	2.0	1205	$2,399	$1.99	45d	1	0.94mi
31577 Via Pared Thousand Palms, CA	3.0	2.0	1300	$2,500	$1.92	20d	1	1.31mi
35751 Gateway Dr Palm Desert, CA	1.0–3.0	1.0–2.0	1170	$2,570	$2.20	45d	1	1.37mi
36101 Explorer Dr Palm Desert, CA	1.0–3.0	1.0	805	$1,478	$1.84	45d	1	1.49mi

HOA detail

• Monthly dues: $365 · $4,380/yr
• Likely covers: pool

Listing history 50 events

1. 2026-06-21
   days on market $152,000 Active 69 DOM
2. 2026-06-18
   days on market $152,000 Active 66 DOM
3. 2026-06-17
   days on market $152,000 Active 65 DOM
4. 2026-06-16
   days on market $152,000 Active 64 DOM
5. 2026-06-15
   days on market $152,000 Active 63 DOM
6. 2026-06-13
   days on market $152,000 Active 61 DOM
7. 2026-06-13
   pricedays on market $152,000 Active 60 DOM
8. 2026-06-09
   days on market $160,000 Active 57 DOM
9. 2026-06-08
   days on market $160,000 Active 56 DOM
10. 2026-06-07
    days on market $160,000 Active 55 DOM
11. 2026-06-04
    days on market $160,000 Active 52 DOM
12. 2026-06-03
    days on market $160,000 Active 51 DOM
13. 2026-06-02
    days on market $160,000 Active 50 DOM
14. 2026-06-01
    days on market $160,000 Active 49 DOM
15. 2026-05-31
    days on market $160,000 Active 48 DOM
16. 2026-05-07
    price $160,000 1345-char remark

    Show marketing remark (1345 chars)

    Move-In Ready Home with New Paint, Vinyl Windows & Access to 2 Pools, Golf & Resort-Style Amenities Welcome to 33183 Laura Dr in Thousand Palms, a move-in ready home offering recent updates and access to resort-style amenities in a prime Coachella Valley location. Featuring new exterior paint, a freshly painted kitchen, new interior carpet, and newer vinyl windows, this home delivers immediate value with comfort and efficiency already in place. Inside, you’ll find a bright and open layout with spacious living areas and a functional kitchen that flows seamlessly into the dining and living space, ideal for both everyday living and entertaining. The home offers generously sized bedrooms, ample storage, and a practical floor plan that maximizes usable space. Residents enjoy a vibrant community lifestyle with HOA amenities including pickleball courts, tennis courts, bocce ball, a golf course, two large swimming pools, spa/jacuzzi, clubhouse, meeting room, picnic areas, and an outdoor BBQ and seating area. Conveniently located near Palm Desert, Rancho Mirage, shopping, dining, golf courses, and freeway access, this home is ideal for full-time living, a seasonal retreat, or investment opportunity. Don’t miss this opportunity to own a well-maintained home with upgrades, lifestyle, and location all in one.

17. 2026-04-13
    listed $165,000 Active 1345-char remark

    Show marketing remark (1345 chars)

    Move-In Ready Home with New Paint, Vinyl Windows & Access to 2 Pools, Golf & Resort-Style Amenities Welcome to 33183 Laura Dr in Thousand Palms, a move-in ready home offering recent updates and access to resort-style amenities in a prime Coachella Valley location. Featuring new exterior paint, a freshly painted kitchen, new interior carpet, and newer vinyl windows, this home delivers immediate value with comfort and efficiency already in place. Inside, you’ll find a bright and open layout with spacious living areas and a functional kitchen that flows seamlessly into the dining and living space, ideal for both everyday living and entertaining. The home offers generously sized bedrooms, ample storage, and a practical floor plan that maximizes usable space. Residents enjoy a vibrant community lifestyle with HOA amenities including pickleball courts, tennis courts, bocce ball, a golf course, two large swimming pools, spa/jacuzzi, clubhouse, meeting room, picnic areas, and an outdoor BBQ and seating area. Conveniently located near Palm Desert, Rancho Mirage, shopping, dining, golf courses, and freeway access, this home is ideal for full-time living, a seasonal retreat, or investment opportunity. Don’t miss this opportunity to own a well-maintained home with upgrades, lifestyle, and location all in one.

18. 2022-08-20
    price $169,000
19. 2022-07-08
    listed $199,000 Active
20. 2022-06-20
    price $1,595
21. 2020-08-04
    soldstatus $75,000 Closed Sale
22. 2020-08-04
    soldstatus $75,000
23. 2020-07-09
    status Pending Sale
24. 2020-06-27
    price $79,999
25. 2020-01-03
    status Active
26. 2019-12-21
    historical Active Under Contract
27. 2019-12-10
    price $90,000
28. 2019-07-23
    listed $110,000 Active
29. 2017-04-21
    status Pending
30. 2017-04-21
    soldstatus $73,000 Closed
31. 2017-04-21
    soldstatus $73,000 Sold
32. 2017-04-04
    historical Contingent
33. 2017-03-30
    price $75,000
34. 2017-02-22
    price $79,000
35. 2016-07-16
    listed $82,500 Active
36. 2013-05-30
    historical
37. 2013-01-19
    listed $89,950 Active
38. 2012-11-28
    historical
39. 2012-11-19
    status Active
40. 2012-11-12
    status Pending
41. 2012-07-09
    listed $84,900 Active
42. 2010-04-01
    historical
43. 2009-09-10
    price $155,000
44. 2009-09-09
    price $159,500
45. 2009-09-09
    listed $174,900 Active
46. 2009-07-28
    historical
47. 2008-12-08
    listed $174,900
48. 2007-07-12
    historical
49. 2006-07-13
    listed $1,200
50. 2006-07-06
    soldstatus $75,000

ⓘ 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: $1,642 · $137/mo
• Projected year-2 tax: $1,642 · $137/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 AO · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 5 d/yr ≥114°F today · 13 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: $24,287
• − Mortgage interest: −$8,514
• − Property taxes: −$1,642
• − Insurance: −$2,228
• − Repairs & maintenance: −$1,943
• − Management: −$1,943
• − HOA: −$4,380
• − Depreciation: −$4,422
• Taxable loss: −$785
• Est. tax savings @ 24.0%: +$188
• After-tax cash flow: $1,560/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 — Thousand Palms

• Score: 53/100
• State rank: #950
• US rank: #24426

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Thousand Palms, CA
• City population: 7,662
• Population (ZIP): 7,662

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 Hispanic (64%)
• Race & ethnicity: Hispanic / Latino 64% Two or more races 43% White 32% Native American 4%
• Hispanic origin (detail): Mexican 62%
• Common ancestry: Slovak 2% Lithuanian 1% Portuguese 1%
• Foreign-born: 16% · Canada
• Languages at home: 54% English-only · Spanish 43% German/W. Germanic 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: ▼ -46.86%
• Current HPI: 382.4439
• Rent YoY: —
• Metro: —
• 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

+244.0% since first listed

43 events — show timeline

• 2026-05-07 Price Changed $160,000 CRMLS
• 2026-04-13 Listed $165,000 CRMLS
• 2022-08-20 Price Changed $169,000 GPSMLS
• 2022-07-08 Listed $199,000 GPSMLS
• 2022-06-20 Price Changed $1,595 RENT.
• 2020-08-04 Sold (Public Records) $75,000 Public Records
• 2020-08-04 Sold (MLS) $75,000 CRMLS
• 2020-07-09 Pending — CRMLS
• 2020-06-27 Price Changed $79,999 CRMLS
• 2020-01-03 Relisted — CRMLS
• 2019-12-21 Contingent — CRMLS
• 2019-12-10 Price Changed $90,000 CRMLS
• 2019-07-23 Listed $110,000 CRMLS
• 2017-04-21 Pending — GPSMLS
• 2017-04-21 Sold (MLS) $73,000 GPSMLS
• 2017-04-21 Sold (MLS) $73,000 GPSMLS
• 2017-04-04 Contingent — GPSMLS
• 2017-03-30 Price Changed $75,000 GPSMLS
• 2017-02-22 Price Changed $79,000 GPSMLS
• 2016-07-16 Listed $82,500 GPSMLS
• 2013-05-30 Listing Removed — GPSMLS
• 2013-01-19 Listed $89,950 GPSMLS
• 2012-11-28 Listing Removed — GPSMLS
• 2012-11-19 Relisted — GPSMLS
• 2012-11-12 Pending — GPSMLS
• 2012-07-09 Listed $84,900 GPSMLS
• 2010-04-01 Listing Removed — GPSMLS
• 2009-09-10 Price Changed $155,000 GPSMLS
• 2009-09-09 Price Changed $159,500 GPSMLS
• 2009-09-09 Listed $174,900 GPSMLS
• 2009-07-28 Listing Removed — GPSMLS
• 2008-12-08 Listed $174,900 GPSMLS
• 2007-07-12 Listing Removed — GPSMLS
• 2006-07-13 Listed $1,200 GPSMLS
• 2006-07-06 Sold (Public Records) $75,000 Public Records
• 2006-05-22 Listing Removed — GPSMLS
• 2006-04-13 Listing Removed — GPSMLS
• 2006-03-08 Listed $159,900 GPSMLS
• 2006-01-07 Listed $167,500 GPSMLS
• 2005-12-28 Listing Removed — GPSMLS
• 2005-06-30 Listed $179,900 GPSMLS
• 1999-09-21 Sold (Public Records) $60,000 Public Records
• 1994-04-04 Sold (Public Records) $46,505 Public Records

Property tax history

+0.3%/yr

Latest (2025): $1,642 · +13.3% YoY. Source: county tax records.