141 Calle Arriba · Palm Springs, CA 92264

$149,900

2 bd · 2.0 ba · 1,152 sqft · Manufactured public records · 78 Days on market

Built 1973 $130/sqft · 22% below area Est $267k · 44% under ↓ 6% since listing

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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
• Livability +3.3/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.4/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Affordable Desert Paradise in Palm Springs View Estates. Enjoy the best of Palm Springs living at 141 Calle Arriba, a spacious 2-bedroom, 2-bathroom double-wide home in one of the city's most desirable 55+ communities. The open-concept layout is bright and airy, perfect for entertaining or relaxing after a day at the pool. With amazing mountain views from the living area and a generous floor plan (approx. 1,600 sq. ft. ) plus an additional approx. 200 sqft den, this home combines comfort with an unbeatable location. Whether you're heading downtown for an amazing dinner, hitting the slots at the Agua Caliente Casino, or browsing the shops, everything is just a short drive away. This friendly community offers 3 sparkling pools, and a clubhouse. Low monthly lot rent includes water, sewer and trash.

Key facts

• Clubhouse
• Desert paradise
• Sparkling pools

Tags

• DESERT PARADISE
• MOUNTAIN VIEWS
• OPEN-CONCEPT LAYOUT
• SPARKLING POOLS
• CLUBHOUSE

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $150k.

Deal economics

• At list price, monthly cash flow is $947 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $150k).
• Recommended offer: $141k (6.0% below list) — sets the bar for market timing.
• Cap rate 13.9% vs local median 2.7% in Palm Springs — 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 (#348 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+; Watch: schools C-, crime F, 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.
• Market conditions: Rents soft (-0.4%/yr); 498 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
• This rent runs 39% of the median local income ($78k/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 $1k of loan paydown is wiped out by about $4k 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 + 0.0% rent growth), your $42k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 78 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.

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 $140,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 78 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 1973 — 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. 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?
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: 1.67% ✓
• Cap rate: 13.87%
• Cash-on-cash: 27.06%
• DSCR: 2.20
• GRM: 5.0

CMA / ARV

• ARV (median comp): $266,555
• List price: $149,900
• Delta: -43.76%
• 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
147 Vista De Oeste	0.04mi	2/2.0	1,291 (+12%)	1mo	$190,000	$147	77
270 Encino Dr	0.31mi	2/2.0	1,120 (-3%)	8mo	$276,000	$246	74
199 Juniper	0.45mi	2/2.0	1,080 (-6%)	2mo	$235,000	$218	67
214 Settles	0.62mi	2/2.0	1,152 (0%)	5mo	$132,500	$115	67
213 Settles Dr	0.61mi	2/2.0	1,140 (-1%)	7mo	$145,000	$127	64
127 Calle Del Callado	0.19mi	2/2.0	1,296 (+12%)	10mo	$179,000	$138	62
240 Los Pinos Dr	0.35mi	2/2.0	1,248 (+8%)	11mo	$375,000	$300	61
36 Club Circle Dr	0.72mi	2/2.0	1,152 (0%)	9mo	$195,000	$169	59
26 Coble Dr	0.70mi	2/2.0	1,152 (0%)	10mo	$110,000	$95	59
73 Calle Abajo	0.30mi	2/2.0	1,020 (-12%)	10mo	$161,000	$158	59
10 Hayes St	0.49mi	2/2.0	1,021 (-11%)	3mo	$67,200	$66	55
293 Coble Dr	0.70mi	2/2.0	1,280 (+11%)	6mo	$132,500	$104	44

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 17.6%
• Equity multiple: 1.68×
• Total profit: $28,679
• Equity at exit: $22,351

10-year hold

• IRR: 23.8%
• Equity multiple: 2.77×
• Total profit: $74,332
• Equity at exit: $12,961

Cash invested: $41,972 (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 92264

• Rents YoY: -0.4%
• Active inventory: 498
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $2,509 high
• Mortgage (P&I): −$786
• Tax est. 1.5%: −$187 /mo · $2,248/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$527
• Net cashflow: $947

Break-even live

Break-even rent $1,311

Max offer price $149,900

Occupancy floor 57%

Sensitivity live

Price	-10% $1,050	-5% $998	+0% $947	+5% $895	+10% $843
Rent	-10% $748	-5% $847	+0% $947	+5% $1,046	+10% $1,145
Rate	-1.0pp $1,022	-0.5pp $985	base $947	+0.5pp $908	+1.0pp $868

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2010 Lawrence Crossley Rd Unit 8 Palm Springs, CA	2.0	1.5	993	$1,895	$1.91	15d	1	0.32mi
26 Pueblo Vista Dr Palm Springs, CA	3.0	2.0	1487	$3,200	$2.15	45d	1	0.34mi
68368 Calle Leon Cathedral City, CA	2.0	2.0	1406	$3,790	$2.70	45d	1	0.42mi
68368 Calle Leon Cathedral City, CA	2.0	2.0	1406	$3,790	$2.70	16d	1	0.42mi
33892 Sky Blue Water Trl Cathedral City, CA	3.0	2.0	1352	$2,800	$2.07	5d	1	0.51mi
68153 Lakeland Dr Cathedral City, CA	2.0	2.0	1255	$2,500	$1.99	25d	1	0.52mi
34197 Calle Mora Cathedral City, CA	2.0	2.0	1171	$2,300	$1.96	14d	1	0.52mi
34197 Calle Mora Cathedral City, CA	2.0	2.0	1171	$2,300	$1.96	23d	1	0.52mi
34197 Calle Mora Cathedral City, CA	2.0	2.0	1171	$2,300	$1.96	12d	1	0.52mi
6071 Hazeltine Plz Palm Springs, CA	2.0	2.0	1168	$3,200	$2.74	45d	1	0.54mi
2700 Lawrence Crossley Rd #18 Palm Springs, CA	2.0	2.0	885	$2,050	$2.32	19d	1	0.61mi
2700 Lawrence Crossley Rd Unit B15 Palm Springs, CA	2.0	2.0	885	$1,950	$2.20	45d	1	0.61mi
33387 Shifting Sands Trl Unit 2 Cathedral City, CA	2.0	2.0	1300	$1,999	$1.54	25d	1	0.64mi
68615 Paseo Soria Cathedral City, CA	2.0	2.0	1462	$3,500	$2.39	9d	1	0.65mi
35200 Cathedral Canyon Dr Unit B10 Cathedral City, CA	2.0	2.0	1384	$2,600	$1.88	45d	1	0.67mi
2800 Lawrence Crossley Rd Palm Springs, CA	2.0	2.0	905	$2,022	$2.23	45d	1	0.67mi
5300 E Waverly Dr Palm Springs, CA	1.0–2.0	1.5–2.0	768	$1,900	$2.47	25d	2	0.71mi
5301 E Waverly Dr Palm Springs, CA	1.0–2.0	2.0	933	$2,300	$2.47	19d	2	0.72mi
5301 E Waverly Dr Palm Springs, CA	1.0–2.0	2.0	933	$2,300	$2.47	16d	2	0.72mi
35200 Cathedral Canyon Dr Unit H64 Cathedral City, CA	2.0	2.0	1375	$2,500	$1.82	45d	1	0.75mi
33495 Cathedral Canyon Dr Unit B Cathedral City, CA	2.0	1.0	1100	$2,100	$1.91	45d	1	0.76mi
33495 Cathedral Canyon Dr Cathedral City, CA	2.0	1.0	1100	$2,200	$2.00	45d	1	0.76mi
5301 E Waverly Dr #192 Palm Springs, CA	2.0	2.0	979	$2,300	$2.35	25d	1	0.77mi
5301 E Waverly Dr #120 Palm Springs, CA	1.0	2.0	887	$2,800	$3.16	45d	1	0.77mi
5300 E Waverly Dr Unit C4 Palm Springs, CA	2.0	1.5	768	$1,900	$2.47	4d	1	0.79mi
33030 Shifting Sands Trl Apt 4 Cathedral City, CA	2.0	1.0	821	$1,599	$1.95	25d	1	0.82mi
5225 E Waverly Dr #66 Palm Springs, CA	1.0	2.0	887	$3,600	$4.06	45d	1	0.88mi
Lawrence Crossley Rd Unit 62 Palm Springs, CA	2.0	2.0	885	$2,100	$2.37	45d	1	0.93mi
68859 Paseo Real Cathedral City, CA	2.0	2.0	1406	$3,960	$2.82	16d	1	0.98mi
68859 Paseo Real Cathedral City, CA	2.0	2.0	1406	$3,960	$2.82	45d	1	0.98mi
2104 S Birdie Way Palm Springs, CA	3.0	2.0	1456	$3,600	$2.47	45d	1	0.99mi
2441 S Birdie Way Unit E Palm Springs, CA	2.0	2.0	1438	$3,250	$2.26	25d	1	1.00mi
2601 S Broadmoor Dr Palm Springs, CA	2.0	2.0	1178	$2,050	$1.74	45d	2	1.02mi
4850 N Winners Cir Unit A Palm Springs, CA	2.0	2.0	1275	$2,700	$2.12	18d	1	1.02mi
35615 Paseo Circulo E Cathedral City, CA	1.0	2.0	1029	$2,250	$2.19	45d	1	1.12mi
2550 Miramonte Cir E Unit C Palm Springs, CA	3.0	2.5	1397	$2,730	$1.95	25d	1	1.17mi
33255 Date Palm Dr Cathedral City, CA	2.0	2.0	1050	$1,795	$1.71	45d	1	1.18mi
36953 Bankside Dr Unit 10 Cathedral City, CA	1.0	1.0	700	$1,495	$2.14	23d	1	1.21mi
36953 Bankside Dr Unit 5 Cathedral City, CA	1.0	1.0	700	$1,595	$2.28	3d	1	1.21mi
36953 Bankside Dr Unit A Cathedral City, CA	1.0	1.0	700	$1,495	$2.14	25d	1	1.21mi

Listing history 17 events

1. 2026-06-21
   days on market $149,900 Active 78 DOM
2. 2026-06-18
   days on market $149,900 Active 75 DOM
3. 2026-06-17
   days on market $149,900 Active 74 DOM
4. 2026-06-16
   days on market $149,900 Active 73 DOM
5. 2026-06-15
   days on market $149,900 Active 72 DOM
6. 2026-06-13
   days on market $149,900 Active 70 DOM
7. 2026-06-13
   days on market $149,900 Active 69 DOM
8. 2026-06-09
   days on market $149,900 Active 66 DOM
9. 2026-06-08
   days on market $149,900 Active 65 DOM
10. 2026-06-07
    days on market $149,900 Active 64 DOM
11. 2026-06-04
    days on market $149,900 Active 61 DOM
12. 2026-06-03
    days on market $149,900 Active 60 DOM
13. 2026-06-02
    days on market $149,900 Active 59 DOM
14. 2026-06-01
    days on market $149,900 Active 58 DOM
15. 2026-05-31
    days on market $149,900 Active 57 DOM
16. 2026-04-25
    price $149,900 806-char remark

    Show marketing remark (806 chars)

    Affordable Desert Paradise in Palm Springs View Estates. Enjoy the best of Palm Springs living at 141 Calle Arriba, a spacious 2-bedroom, 2-bathroom double-wide home in one of the city's most desirable 55+ communities. The open-concept layout is bright and airy, perfect for entertaining or relaxing after a day at the pool. With amazing mountain views from the living area and a generous floor plan (approx. 1,600 sq. ft. ) plus an additional approx. 200 sqft den, this home combines comfort with an unbeatable location. Whether you're heading downtown for an amazing dinner, hitting the slots at the Agua Caliente Casino, or browsing the shops, everything is just a short drive away. This friendly community offers 3 sparkling pools, and a clubhouse. Low monthly lot rent includes water, sewer and trash.

17. 2026-04-04
    listed $160,000 Active 806-char remark

    Show marketing remark (806 chars)

    Affordable Desert Paradise in Palm Springs View Estates. Enjoy the best of Palm Springs living at 141 Calle Arriba, a spacious 2-bedroom, 2-bathroom double-wide home in one of the city's most desirable 55+ communities. The open-concept layout is bright and airy, perfect for entertaining or relaxing after a day at the pool. With amazing mountain views from the living area and a generous floor plan (approx. 1,600 sq. ft. ) plus an additional approx. 200 sqft den, this home combines comfort with an unbeatable location. Whether you're heading downtown for an amazing dinner, hitting the slots at the Agua Caliente Casino, or browsing the shops, everything is just a short drive away. This friendly community offers 3 sparkling pools, and a clubhouse. Low monthly lot rent includes water, sewer and trash.

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥112°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: $30,113
• − Mortgage interest: −$8,397
• − Property taxes: −$2,248
• − Insurance: −$750
• − Repairs & maintenance: −$2,409
• − Management: −$2,409
• − Depreciation: −$4,361
• Taxable income: $9,540
• Est. tax owed @ 24.0%: −$2,290
• After-tax cash flow: $9,069/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 — Palm Springs

• Score: 66/100
• State rank: #348
• US rank: #11850

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Palm Springs, CA
• County: Riverside County · 2,287,001 people
• City population: 46,786
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 19,899
• Household income: $77,688
• Rent vs Own: 31.2% rent · 68.8% own
• Severe rent burden: 1215.0

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: Predominantly White (68%)
• Race & ethnicity: White 68% Hispanic / Latino 20% Two or more races 12% Asian 6% Black 2% Native American 1%
• Hispanic origin (detail): Mexican 16%
• Common ancestry: Lithuanian 4% Romanian 3% Slovak 3%
• Foreign-born: 16% · Canada, China, South Korea
• Languages at home: 81% English-only · Spanish 13% Tagalog/Filipino 2% 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: ▼ -489.04%
• Current HPI: 357.0969
• Rent YoY: ▼ -0.43%
• 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

-6.3% since first listed

2 events — show timeline

• 2026-04-25 Price Changed $149,900 GPSMLS
• 2026-04-04 Listed $160,000 GPSMLS

Property tax history

-6.2%/yr

Latest (2025): $99 · +4.9% YoY. Source: county tax records.