Indio, CA 92201,48374 Stewart DR #K4
Indio, CA 92201,48374 Stewart DR #K4
Indio, CA 92201,48374 Stewart DR #K4
Indio, CA 92201,48374 Stewart DR #K4
Indio, CA 92201,48374 Stewart DR #K4
Indio, CA 92201,48374 Stewart DR #K4
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Melissa Wolfe

Melissa Wolfe

+1(661) 400-5671
$ 240,000
Est. payment | /mo

2 Beds

1 Bath

704 SqFt

Save
$ 240,000
Est. payment | /mo
Save

2 Beds

1 Bath

704 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 704 sqft

Price per Sqft $340

Subdivision Indian Palms (31432)

MLS Listing ID 219141414DA

Bedrooms 2

Full Baths 1

Construction Status Updated/Remodeled

HOA Fees $392/mo

HOA Y/N Yes

Year Built 1982

Lot Size 871 Sqft

Property Sub-Type Condominium

Property Description

Rare Short-Term Rental Investment Opportunity in Indian Palms Country Club! This updated 2-bedroom, 1-bath residence offers approximately 704 sq. ft. (EST.) of efficient, well-designed living space and is approved for short-term rentals with no rental restrictions--a standout opportunity within the community. Ideally located just minutes from the Empire Polo Grounds, home to the world-famous Coachella and Stagecoach music festivals, as well as nearby dining, shopping, and entertainment, this property is perfectly positioned to capture strong year-round rental demand. All four units in Building K are available for sale, presenting a rare opportunity for investors seeking a multi-unit acquisition or portfolio expansion within the same building. The monthly HOA of $392 includes 24-hour gated security, two community pools and a spa, a putt-putt course, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen--enhancing guest appeal while helping to manage operating costs. An excellent opportunity for investors, 1031 exchange buyers, or those seeking a flexible desert retreat with proven income potential.

Location

State CA

County Riverside

Area 314 - Indio South Of East Valley

Interior

Interior Features Breakfast Bar, Separate/Formal Dining Room, Open Floorplan

Heating Central, Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Tile

Fireplace No

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

Laundry Common Area

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

Lot Description Planned Unit Development

Story 1

Entry Level One

Foundation Slab

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 614342021

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
Melissa Wolfe

+1(661) 400-5671

mellytheagent@gmail.com

California, United States

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48374 Stewart DR #K4