132 Hester Dr · Cathedral City, CA 92234

$99,000

2 bd · 2.0 ba · 1,440 sqft · Manufactured · 158 Days on market

Built 1976 $69/sqft · 25% below area Est $131k · 25% under

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Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

The Canyon is a gated 55+ community offering a secure & peaceful setting for comfortable year-round living. This well-maintained home features an efficient floor plan w/ abundant built-in storage & updated finishes throughout. Central A/C runs efficiently, supported by additional wall units for cost-effective cooling. Recent upgrades include updated drawer & door pulls, satin nickel hinges and doorknobs, dimmer switches in the living area, & water shut-off valves throughout. All exterior doors are keyed alike for convenience. Window coverings include honeycomb Roman shades & blue-and-white Moroccan curtains w/ liner panels. Dual-pane front picture windows & south-facing sliding windows were replaced in March 2026. Vinyl flooring runs throughout the main living areas, with Pergo laminate flooring in the primary bath. The open-concept living & dining area features warm butter-yellow walls, an artful ceiling light fixture, built-in cabinetry, & a coat closet. The circular kitchen offers a full suite of white appliances, closet pantry, butcher block countertops, double-well sink, water filtration system, & newer garbage disposal. The laundry room includes a newer washer, matching dryer, porcelain utility sink with butcher block counter, & freshly painted cabinetry. The den features textured white walls & a versatile floor-to-ceiling nook, plus a whole-home evaporative cooler. The primary bedroom offers refreshed walls, a new dual-pane sliding window, restored built-in drawers, and ample closet space. The remodeled primary bath includes reinforced sub-floor, Pergo flooring, a comfort-height toilet, corner shower, refurbished medicine cabinets, updated lighting, & matching vanities w/ storage. Additional features include a large attached shed with electricity and two outdoor utility closets, including a 2023 Bradford-White water heater. The Canyon is centrally located in the Valley and has easy Freeway access on Gene Autry Trail or Date Palm Dr. near shopping, entertainment, PS Int'l Airport and 10-12 Min. to Downtown Palm Springs! The Canyon features only Full-Time Residence or Second Homes. Enjoy park like greenbelt grounds with Tennis & Pickleball. The clubhouse boasts an upgraded Banquet Hall, Gym, Card Room and Library along w/ 4 Shuffleboard Lanes, Two pools & a Spa. You will need to qualify as a resident w/ 3 times space rent $950 = $2850 along w/ a FICO score of 750. 1 domestic animal allowed of 20 lbs unless service animal. Call today!

Key facts

• Counter bar
• Inside laundry area
• Tandem carport

Tags

• NATURAL LIGHT
• COUNTER BAR
• INSIDE LAUNDRY AREA
• TANDEM CARPORT
• STORAGE SHED
• FRONT PATIO AREA

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $99k.

Deal economics

• At list price, monthly cash flow is $1k ($17k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $99k).
• Recommended offer: $87k (12.0% below list) — sets the bar for market timing.
• Cap rate 23.8% 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+, schools F, amenities D-.
• 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.
• Market conditions: Rents rising (+3.2%/yr); 530 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); 52% 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).
• This rent runs 44% of the median local income ($74k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $684 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 3.2% rent growth), your $28k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 158 days — a 12% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 13y ago; this cycle's ask has dropped $21k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $38k; list at $99k implies a 157% 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 $87,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 158 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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 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: 2.72% ✓
• Cap rate: 23.82%
• Cash-on-cash: 62.61%
• DSCR: 3.79
• GRM: 3.1

CMA / ARV

• ARV (median comp): $131,487
• List price: $99,000
• Delta: -24.71%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
244 Settles Dr	0.13mi	2/2.0	1,440 (0%)	1mo	$135,000	$94	94
89 Armenia Dr	0.07mi	2/2.0	1,416 (-2%)	3mo	$177,000	$125	91
162 Hilligoss Dr	0.10mi	2/2.0	1,504 (+4%)	3mo	$66,000	$44	85
234 Settles Dr	0.13mi	2/2.0	1,512 (+5%)	3mo	$117,000	$77	83
263 Coble Dr	0.14mi	2/2.0	1,512 (+5%)	5mo	$119,900	$79	81
257 Wolf	0.40mi	2/2.0	1,440 (0%)	3mo	$75,000	$52	79
392 Standing Bear	0.25mi	2/2.0	1,368 (-5%)	2mo	$113,000	$83	78
316 Little Deer	0.39mi	2/2.0	1,440 (0%)	5mo	$70,000	$49	78
24 Mesa View Dr	0.54mi	2/2.0	1,440 (0%)	2mo	$68,000	$47	73
314 Armenia Dr	0.08mi	2/2.0	1,647 (+14%)	3mo	$169,900	$103	70
493 Prairie	0.22mi	3/2.0 (+1)	1,344 (-7%)	5mo	$189,000	$141	70
264 Wolf	0.46mi	2/2.0	1,248 (-13%)	4mo	$74,000	$59	53

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 · 3.22% rent growth · sell at horizon

5-year hold

• IRR: 61.8%
• Equity multiple: 3.77×
• Total profit: $76,714
• Equity at exit: $14,761

10-year hold

• IRR: 66.5%
• Equity multiple: 7.78×
• Total profit: $188,047
• Equity at exit: $8,560

Cash invested: $27,720 (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 92234

• Home prices YoY: -27.7%
• Rents YoY: 3.2%
• Active inventory: 530
• Price-to-rent: 3.1×

Monthly cashflow live

• Estimated rent: $2,697 high
• Mortgage (P&I): −$519
• Tax est. 1.5%: −$124 /mo · $1,485/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$566
• Net cashflow: $1,446

Break-even live

Break-even rent $866

Max offer price $99,000

Occupancy floor 41%

Sensitivity live

Price	-10% $1,515	-5% $1,481	+0% $1,446	+5% $1,412	+10% $1,378
Rent	-10% $1,233	-5% $1,340	+0% $1,446	+5% $1,553	+10% $1,659
Rate	-1.0pp $1,496	-0.5pp $1,472	base $1,446	+0.5pp $1,421	+1.0pp $1,395

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
68615 Paseo Soria Cathedral City, CA	2.0	2.0	1462	$3,500	$2.39	9d	1	0.14mi
34197 Calle Mora Cathedral City, CA	2.0	2.0	1171	$2,300	$1.96	14d	1	0.24mi
34197 Calle Mora Cathedral City, CA	2.0	2.0	1171	$2,300	$1.96	12d	1	0.24mi
34197 Calle Mora Cathedral City, CA	2.0	2.0	1171	$2,300	$1.96	23d	1	0.24mi
68153 Lakeland Dr Cathedral City, CA	2.0	2.0	1255	$2,500	$1.99	25d	1	0.31mi
68368 Calle Leon Cathedral City, CA	2.0	2.0	1406	$3,790	$2.70	45d	1	0.35mi
68368 Calle Leon Cathedral City, CA	2.0	2.0	1406	$3,790	$2.70	16d	1	0.35mi
33892 Sky Blue Water Trl Cathedral City, CA	3.0	2.0	1352	$2,800	$2.07	5d	1	0.44mi
69180 Victoria Dr #8 Cathedral City, CA	3.0	2.0	1230	$1,995	$1.62	4d	1	0.46mi
69155 Dinah Shore Dr Apt 20 Cathedral City, CA	2.0	2.0	1200	$2,050	$1.71	45d	1	0.46mi
69155 Dinah Shore Dr Cathedral City, CA	2.0	2.0	1100	$1,795	$1.63	45d	1	0.48mi
33495 Cathedral Canyon Dr Cathedral City, CA	2.0	1.0	1100	$2,200	$2.00	45d	1	0.49mi
33495 Cathedral Canyon Dr Unit B Cathedral City, CA	2.0	1.0	1100	$2,100	$1.91	45d	1	0.49mi
35200 Cathedral Canyon Dr Unit B10 Cathedral City, CA	2.0	2.0	1384	$2,600	$1.88	45d	1	0.50mi
35200 Cathedral Canyon Dr Unit H64 Cathedral City, CA	2.0	2.0	1375	$2,500	$1.82	45d	1	0.52mi
68859 Paseo Real Cathedral City, CA	2.0	2.0	1406	$3,960	$2.82	16d	1	0.52mi
68859 Paseo Real Cathedral City, CA	2.0	2.0	1406	$3,960	$2.82	45d	1	0.52mi
34750 Marcia Rd Unit 02 Cathedral City, CA	3.0	2.0	1325	$2,000	$1.51	19d	1	0.54mi
33255 Date Palm Dr Cathedral City, CA	2.0	2.0	1050	$1,795	$1.71	45d	1	0.55mi
69200 Nilda Dr Cathedral City, CA	3.0	2.0	1330	$2,495	$1.88	23d	1	0.64mi
35615 Paseo Circulo E Cathedral City, CA	1.0	2.0	1029	$2,250	$2.19	45d	1	0.71mi
33387 Shifting Sands Trl Unit 2 Cathedral City, CA	2.0	2.0	1300	$1,999	$1.54	25d	1	0.73mi
68882 Calle Mula Cathedral City, CA	2.0	2.0	1714	$2,500	$1.46	21d	1	0.73mi
69603 Heather Way Rancho Mirage, CA	3.0	2.0	1218	$2,300	$1.89	45d	1	0.89mi
34073 Emily Way Rancho Mirage, CA	2.0	2.0	966	$2,100	$2.17	23d	1	0.91mi
34073 Emily Way Rancho Mirage, CA	2.0	2.0	966	$2,100	$2.17	19d	1	0.91mi
69646 Antonia Way Rancho Mirage, CA	2.0	2.0	966	$2,450	$2.54	19d	1	0.93mi
34361 Denise Way Rancho Mirage, CA	3.0	2.0	1400	$2,800	$2.00	45d	1	0.94mi
34071 Denise Way Rancho Mirage, CA	3.0	2.0	1218	$2,599	$2.13	25d	1	0.95mi
2010 Lawrence Crossley Rd Unit 8 Palm Springs, CA	2.0	1.5	993	$1,895	$1.91	15d	1	1.04mi
152 Estrada Way #152 Cathedral City, CA	2.0	2.0	1500	$2,200	$1.47	45d	1	1.05mi
5951 Montecito Dr #5 Palm Springs, CA	3.0	2.5	1551	$2,300	$1.48	45d	1	1.06mi
159 Estrada Way Cathedral City, CA	3.0	2.0	1800	$2,850	$1.58	45d	1	1.07mi
6071 Hazeltine Plz Palm Springs, CA	2.0	2.0	1168	$3,200	$2.74	45d	1	1.09mi
26 Pueblo Vista Dr Palm Springs, CA	3.0	2.0	1487	$3,200	$2.15	45d	1	1.10mi
32150 Aurora Vista Rd Unit C Cathedral City, CA	2.0	1.0	1100	$2,395	$2.18	45d	1	1.11mi
32150 Aurora Vista Rd Cathedral City, CA	2.0	1.0	1100	$2,195	$2.00	45d	1	1.11mi
36040 Avenida de las Montanas Unit E Cathedral City, CA	2.0	2.0	1220	$3,200	$2.62	45d	1	1.14mi
2420 Los Coyotes Dr Palm Springs, CA	2.0	3.0	1608	$2,600	$1.62	45d	1	1.14mi
5314 Los Coyotes Dr Palm Springs, CA	3.0	3.0	1550	$2,600	$1.68	21d	1	1.30mi

Listing history 27 events

1. 2026-06-13
   days on market $99,000 Active 158 DOM
2. 2026-06-09
   days on market $99,000 Active 155 DOM
3. 2026-06-08
   days on market $99,000 Active 154 DOM
4. 2026-06-07
   days on market $99,000 Active 153 DOM
5. 2026-06-04
   days on market $99,000 Active 150 DOM
6. 2026-06-03
   days on market $99,000 Active 149 DOM
7. 2026-06-02
   days on market $99,000 Active 148 DOM
8. 2026-06-01
   days on market $99,000 Active 147 DOM
9. 2026-05-31
   days on market $99,000 Active 146 DOM
10. 2026-04-09
    price $99,000 2562-char remark

    Show marketing remark (2562 chars)

    The Canyon is a gated 55+ community offering a secure & peaceful setting for comfortable year-round living. This well-maintained home features an efficient floor plan w/ abundant built-in storage & updated finishes throughout. Central A/C runs efficiently, supported by additional wall units for cost-effective cooling. Recent upgrades include updated drawer & door pulls, satin nickel hinges and doorknobs, dimmer switches in the living area, & water shut-off valves throughout. All exterior doors are keyed alike for convenience. Window coverings include honeycomb Roman shades & blue-and-white Moroccan curtains w/ liner panels. Dual-pane front picture windows & south-facing sliding windows were replaced in March 2026. Vinyl flooring runs throughout the main living areas, with Pergo laminate flooring in the primary bath. The open-concept living & dining area features warm butter-yellow walls, an artful ceiling light fixture, built-in cabinetry, & a coat closet. The circular kitchen offers a full suite of white appliances, closet pantry, butcher block countertops, double-well sink, water filtration system, & newer garbage disposal. The laundry room includes a newer washer, matching dryer, porcelain utility sink with butcher block counter, & freshly painted cabinetry. The den features textured white walls & a versatile floor-to-ceiling nook, plus a whole-home evaporative cooler. The primary bedroom offers refreshed walls, a new dual-pane sliding window, restored built-in drawers, and ample closet space. The remodeled primary bath includes reinforced sub-floor, Pergo flooring, a comfort-height toilet, corner shower, refurbished medicine cabinets, updated lighting, & matching vanities w/ storage. Additional features include a large attached shed with electricity and two outdoor utility closets, including a 2023 Bradford-White water heater. The Canyon is centrally located in the Valley and has easy Freeway access on Gene Autry Trail or Date Palm Dr. near shopping, entertainment, PS Int'l Airport and 10-12 Min. to Downtown Palm Springs! The Canyon features only Full-Time Residence or Second Homes. Enjoy park like greenbelt grounds with Tennis & Pickleball. The clubhouse boasts an upgraded Banquet Hall, Gym, Card Room and Library along w/ 4 Shuffleboard Lanes, Two pools & a Spa. You will need to qualify as a resident w/ 3 times space rent $950 = $2850 along w/ a FICO score of 750. 1 domestic animal allowed of 20 lbs unless service animal. Call today!

11. 2026-02-18
    price $110,000 2562-char remark

    Show marketing remark (2562 chars)

    The Canyon is a gated 55+ community offering a secure & peaceful setting for comfortable year-round living. This well-maintained home features an efficient floor plan w/ abundant built-in storage & updated finishes throughout. Central A/C runs efficiently, supported by additional wall units for cost-effective cooling. Recent upgrades include updated drawer & door pulls, satin nickel hinges and doorknobs, dimmer switches in the living area, & water shut-off valves throughout. All exterior doors are keyed alike for convenience. Window coverings include honeycomb Roman shades & blue-and-white Moroccan curtains w/ liner panels. Dual-pane front picture windows & south-facing sliding windows were replaced in March 2026. Vinyl flooring runs throughout the main living areas, with Pergo laminate flooring in the primary bath. The open-concept living & dining area features warm butter-yellow walls, an artful ceiling light fixture, built-in cabinetry, & a coat closet. The circular kitchen offers a full suite of white appliances, closet pantry, butcher block countertops, double-well sink, water filtration system, & newer garbage disposal. The laundry room includes a newer washer, matching dryer, porcelain utility sink with butcher block counter, & freshly painted cabinetry. The den features textured white walls & a versatile floor-to-ceiling nook, plus a whole-home evaporative cooler. The primary bedroom offers refreshed walls, a new dual-pane sliding window, restored built-in drawers, and ample closet space. The remodeled primary bath includes reinforced sub-floor, Pergo flooring, a comfort-height toilet, corner shower, refurbished medicine cabinets, updated lighting, & matching vanities w/ storage. Additional features include a large attached shed with electricity and two outdoor utility closets, including a 2023 Bradford-White water heater. The Canyon is centrally located in the Valley and has easy Freeway access on Gene Autry Trail or Date Palm Dr. near shopping, entertainment, PS Int'l Airport and 10-12 Min. to Downtown Palm Springs! The Canyon features only Full-Time Residence or Second Homes. Enjoy park like greenbelt grounds with Tennis & Pickleball. The clubhouse boasts an upgraded Banquet Hall, Gym, Card Room and Library along w/ 4 Shuffleboard Lanes, Two pools & a Spa. You will need to qualify as a resident w/ 3 times space rent $950 = $2850 along w/ a FICO score of 750. 1 domestic animal allowed of 20 lbs unless service animal. Call today!

12. 2026-01-05
    listed $120,000 Active 2562-char remark

    Show marketing remark (2562 chars)

    The Canyon is a gated 55+ community offering a secure & peaceful setting for comfortable year-round living. This well-maintained home features an efficient floor plan w/ abundant built-in storage & updated finishes throughout. Central A/C runs efficiently, supported by additional wall units for cost-effective cooling. Recent upgrades include updated drawer & door pulls, satin nickel hinges and doorknobs, dimmer switches in the living area, & water shut-off valves throughout. All exterior doors are keyed alike for convenience. Window coverings include honeycomb Roman shades & blue-and-white Moroccan curtains w/ liner panels. Dual-pane front picture windows & south-facing sliding windows were replaced in March 2026. Vinyl flooring runs throughout the main living areas, with Pergo laminate flooring in the primary bath. The open-concept living & dining area features warm butter-yellow walls, an artful ceiling light fixture, built-in cabinetry, & a coat closet. The circular kitchen offers a full suite of white appliances, closet pantry, butcher block countertops, double-well sink, water filtration system, & newer garbage disposal. The laundry room includes a newer washer, matching dryer, porcelain utility sink with butcher block counter, & freshly painted cabinetry. The den features textured white walls & a versatile floor-to-ceiling nook, plus a whole-home evaporative cooler. The primary bedroom offers refreshed walls, a new dual-pane sliding window, restored built-in drawers, and ample closet space. The remodeled primary bath includes reinforced sub-floor, Pergo flooring, a comfort-height toilet, corner shower, refurbished medicine cabinets, updated lighting, & matching vanities w/ storage. Additional features include a large attached shed with electricity and two outdoor utility closets, including a 2023 Bradford-White water heater. The Canyon is centrally located in the Valley and has easy Freeway access on Gene Autry Trail or Date Palm Dr. near shopping, entertainment, PS Int'l Airport and 10-12 Min. to Downtown Palm Springs! The Canyon features only Full-Time Residence or Second Homes. Enjoy park like greenbelt grounds with Tennis & Pickleball. The clubhouse boasts an upgraded Banquet Hall, Gym, Card Room and Library along w/ 4 Shuffleboard Lanes, Two pools & a Spa. You will need to qualify as a resident w/ 3 times space rent $950 = $2850 along w/ a FICO score of 750. 1 domestic animal allowed of 20 lbs unless service animal. Call today!

13. 2019-08-06
    soldstatus $38,500 Closed 267-char remark

    Show marketing remark (267 chars)

    Fantastic and Affordable, come and get it quickly, This beautiful 2 Bedroom 2 bath offers a Stucco exterior, Laminate Floors, Designer Paint, a circular Kitchen, a comfy family room, covered patio and carport. Refrigerator and Washer Dryer included. Motivated Seller.

14. 2019-08-06
    soldstatus $38,500 Sold 267-char remark

    Show marketing remark (267 chars)

    Fantastic and Affordable, come and get it quickly, This beautiful 2 Bedroom 2 bath offers a Stucco exterior, Laminate Floors, Designer Paint, a circular Kitchen, a comfy family room, covered patio and carport. Refrigerator and Washer Dryer included. Motivated Seller.

15. 2019-06-18
    historical Backup Offers Accepted 267-char remark

    Show marketing remark (267 chars)

    Fantastic and Affordable, come and get it quickly, This beautiful 2 Bedroom 2 bath offers a Stucco exterior, Laminate Floors, Designer Paint, a circular Kitchen, a comfy family room, covered patio and carport. Refrigerator and Washer Dryer included. Motivated Seller.

16. 2019-03-14
    price $38,500 267-char remark

    Show marketing remark (267 chars)

    Fantastic and Affordable, come and get it quickly, This beautiful 2 Bedroom 2 bath offers a Stucco exterior, Laminate Floors, Designer Paint, a circular Kitchen, a comfy family room, covered patio and carport. Refrigerator and Washer Dryer included. Motivated Seller.

17. 2019-03-02
    price $39,900 267-char remark

    Show marketing remark (267 chars)

    Fantastic and Affordable, come and get it quickly, This beautiful 2 Bedroom 2 bath offers a Stucco exterior, Laminate Floors, Designer Paint, a circular Kitchen, a comfy family room, covered patio and carport. Refrigerator and Washer Dryer included. Motivated Seller.

18. 2018-12-30
    listed $42,000 Active 267-char remark

    Show marketing remark (267 chars)

    Fantastic and Affordable, come and get it quickly, This beautiful 2 Bedroom 2 bath offers a Stucco exterior, Laminate Floors, Designer Paint, a circular Kitchen, a comfy family room, covered patio and carport. Refrigerator and Washer Dryer included. Motivated Seller.

19. 2017-09-30
    soldstatus $29,500 Closed
20. 2017-09-30
    soldstatus $29,500 Closed
21. 2017-07-30
    status Backup Offers Accepted
22. 2017-06-03
    listed $34,900 Active
23. 2013-10-17
    soldstatus $10,500 Closed
24. 2013-10-17
    soldstatus $10,500 Closed
25. 2013-09-18
    status Pending
26. 2013-09-05
    price $15,000
27. 2013-05-17
    listed $22,500 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥113°F today · 20 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: $32,362
• − Mortgage interest: −$5,546
• − Property taxes: −$1,485
• − Insurance: −$495
• − Repairs & maintenance: −$2,589
• − Management: −$2,589
• − Depreciation: −$2,880
• Taxable income: $16,778
• Est. tax owed @ 24.0%: −$4,027
• After-tax cash flow: $13,329/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

+340.0% since first listed

18 events — show timeline

• 2026-04-09 Price Changed $99,000 GPSMLS
• 2026-02-18 Price Changed $110,000 GPSMLS
• 2026-01-05 Listed $120,000 GPSMLS
• 2019-08-06 Sold (MLS) $38,500 GPSMLS
• 2019-08-06 Sold (MLS) $38,500 GPSMLS
• 2019-06-18 Contingent — GPSMLS
• 2019-03-14 Price Changed $38,500 GPSMLS
• 2019-03-02 Price Changed $39,900 GPSMLS
• 2018-12-30 Listed $42,000 GPSMLS
• 2017-09-30 Sold (MLS) $29,500 GPSMLS
• 2017-09-30 Sold (MLS) $29,500 GPSMLS
• 2017-07-30 Pending — GPSMLS
• 2017-06-03 Listed $34,900 GPSMLS
• 2013-10-17 Sold (MLS) $10,500 GPSMLS
• 2013-10-17 Sold (MLS) $10,500 GPSMLS
• 2013-09-18 Pending — GPSMLS
• 2013-09-05 Price Changed $15,000 GPSMLS
• 2013-05-17 Listed $22,500 GPSMLS