48304 Stewart Dr

Indio, CA 92201
  • $920,000

    Price
  • 8

    Bed
  • 4

    Bath
  • 2,816

    SqFt

About the Listing DML-d24559 - DML-D73325

Rare Multi-Unit Short-Term Rental Investment Opportunity in Indian Palms Country Club! A unique opportunity to acquire all four units in Building J (J1, J2, J3, and J4)--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.

Listing Highlights

Status Active
Days on Site 195
Property Type Multi-Family
MLS ® 219141944DA
Year Built 1982
Total Square Footage 2,816
Lot/Acreage 0.08
County Riverside

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances: Microwave, Oven-Gas, Range
  • Air Cond: Air Conditioning,Ceiling Fan,Central
  • Heating: Central,Forced Air,Natural Gas
  • Fireplaces:
  • Floor: Carpet,Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Assoc Pet Rules,Open Floor Plan,Living Room
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof: Tile
  • Others:
  • Sewer: In Connected and Paid
  • Parking Features: Parking for Guests,Unassigned

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

48304 Stewart Dr Indio, CA 92201

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Agent profile image in chat bubble
Agent profile image in chat header

Clemens Mandell

| Clemens Mandell | Coldwell Banker Realty

Agent profile image in message

or another way