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67527 N Portales Drive — Cathedral City — 2 Beds • 2 Baths • 1,212 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+42 more

$269,000

271 DOM

$222/sqft2 bd2 ba1,212 sqftHOA ~954/mo

Call

67527 N Portales Dr Cathedral City, CA 92234

1,307sqft lot

Turnkey and short-term rental friendly, 67527 North Portales Drive is a prime investment opportunity in Desert Princess. This stylish 2BR/2BA home features high ceilings, modern kitchen, private courtyard entry, and a covered patio for effortless indoor-outdoor living. The spa-inspired primary suite, new AC, and in-unit laundry create year-round comfort. With golf, pickleball, tennis, pools, fitness facilities, and clubhouse dining, this residence delivers strong rental appeal in a premier resort setting.

MLS 219132708PS

(760) 350-9253 (Office) (949) 793-0086 (Cell) luke.smith@lukeesmith.com

Est. payment

$2,672/mo

Principal & interestTaxesInsuranceHOA

$1,360$280$78$954

Down %

Rate %

Years

Down payment: $53,800 · Total cost: $543,476

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$2,672/mo

Principal & interest: $1,360
Est. property tax: $280
Est. insurance: $78
HOA (normalized / mo): $954
Down payment: $53,800

Est. gross rent$1,121/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,551/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Virtual Tour

Explore 3D Space

Opens interactive virtual tour

Price History

Event	Date	Price	Change
Listed	May 19, 2025	$349,900	—

Facts & Features

Transaction Data

▼Price Reduced from $349,900 (−$80,900)

HOA Fee$954/monthly

Structure & Property

Year Built1985

Garage Spaces1

(760) 350-9253 (Office) (949) 793-0086 (Cell) luke.smith@lukeesmith.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

67527 N Portales Drive, Cathedral City, CA 92234

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Call

67527 N Portales Dr Cathedral City, CA 92234

About this home

Luke Smith

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Luke Smith

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

67527 N Portales Drive, Cathedral City, CA 92234

About This Property

Property Photos

67527 N Portales Dr Cathedral City, CA 92234

About this home

Luke Smith

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Luke Smith

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.