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6054 Montecito 5 — Palm Springs — 4 Beds • 3 Baths • 1,551 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

OPEN APR 19 · 1PM – 3PM

+16 more

$355,000

28 DOM

$229/sqft4 bd3 ba1,551 sqftHOA ~450/mo

Call

6054 Montecito 5 Palm Springs, CA 92264

2,000sqft lot

Beautiful South Palm Springs condo in the gated Mountain Shadows community! This 4-bedroom, 2.5-bath home (1,551 SF) offers a flexible layout, including a desirable lower-level bedroom or den and a spacious upstairs primary suite with en-suite bath.The bright living area flows into a well-appointed kitchen with ample counter space and an adjacent dining area--perfect for everyday living or entertaining. Interior laundry and a private outdoor space add to the home's convenience, all just steps from the pool.Mountain Shadows features multiple pools and spas, scenic walking paths, and a prime location near shopping, dining, and Tahquitz Creek Golf Resort.Offered turnkey furnished (optional). Short-term rentals allowed--ideal for a primary residence, vacation home, or investment property. Covered parking plus an additional assigned space.Priced to sell--don't miss this opportunity!

MLS 219145039DA

(760) 797-7177 (Office) (760) 969-2916 (Cell) albertcatalano1@gmail.com

Est. payment

$2,719/mo

Principal & interestTaxesInsuranceHOA

$1,795$370$104$450

Down %

Rate %

Years

Down payment: $71,000 · Total cost: $717,226

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$2,719/mo

Principal & interest: $1,795
Est. property tax: $370
Est. insurance: $104
HOA (normalized / mo): $450
Down payment: $71,000

Est. gross rent$1,479/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)$-1,240/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.

Price History

Event	Date	Price	Change
Listed	Mar 18, 2026	$379,000	—

Facts & Features

Transaction Data

▼Price Reduced from $379,000 (−$24,000)

HOA Fee$450/monthly

Structure & Property

Year Built1972

(760) 797-7177 (Office) (760) 969-2916 (Cell) albertcatalano1@gmail.com

Sale & Tax History

No Recent Sales History

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

Location

6054 Montecito 5, Palm Springs, CA 92264

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6054 Montecito 5 Palm Springs, CA 92264

About this home

Albert Catalano

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Albert Catalano

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

6054 Montecito 5, Palm Springs, CA 92264

About This Property

Property Photos

6054 Montecito 5 Palm Springs, CA 92264

About this home

Albert Catalano

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Albert Catalano

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.