Indio, CA 92201,48344 Stewart DR #K1-4
Indio, CA 92201,48344 Stewart DR #K1-4
Indio, CA 92201,48344 Stewart DR #K1-4
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$990,000
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3,484 Sqft Lot
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48344 Stewart DR #K1-4 Indio, CA 92201

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Jeanne Heidmiller

Jeanne Heidmiller

+1(619) 857-9765

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Indian Palms

MLS Listing ID 219141415DA

HOA Y/N No

Year Built 1982

Lot Size 3,484 Sqft

Property Description

Rare Multi-Unit Short-Term Rental Investment Opportunity in Indian Palms Country Club!A unique opportunity to acquire all four units in Building K (K1, K2, K3, and K4)--each approved for short-term rentals with no rental restrictions--offering exceptional income potential within one of Indio's most sought-after gated communities. Each residence features a 2-bedroom, 1-bath layout with approximately 704 sq. ft. (EST.) of efficient living space, making these units highly attractive for short-term guests, seasonal renters, and festival attendees. Ideally located just minutes from the Empire Polo Grounds--home to the world-renowned Coachella and Stagecoach festivals--this portfolio is perfectly positioned to capitalize on strong, year-round rental demand. This four-unit offering provides scale, operational efficiency, and diversification, allowing investors to streamline management while maximizing cash flow potential within a single building. The HOA of $392 per unit, per month includes 24-hour gated security, two community pools and spa, a putt-putt course, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen--enhancing guest experience while helping control operating expenses. An outstanding opportunity for investors, portfolio buyers, or 1031 exchange purchasers seeking a rare multi-unit, short-term-rental-approved asset in the heart of the Coachella Valley.

Location

State CA

County Riverside

Interior

Interior Features Open Floorplan

Heating Central, Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Tile, Vinyl

Fireplace No

Appliance Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator

Exterior

Parking Features Guest, Unassigned

Pool Community, In Ground

Community Features Golf, Gated, Pool

Amenities Available Clubhouse, Golf Course, Barbecue, Pet Restrictions

View Y/N No

Roof Type Tile

Private Pool Yes

Building

Story 1

Entry Level One

Foundation Slab

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 614342018

Security Features Gated Community,24 Hour Security

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit

Special Listing Condition Standard

CRMLS – RECore
Listed by Jelmberg Team KW Coachella Valley

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Jeanne Heidmiller

Jeanne Heidmiller

Agent | License ID: 01290567

+1(619) 857-9765

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48344 Stewart DR #K1-4

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