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  • MLS#: 219141415DA ( )
  • Street Address: 48344 Stewart Drive
  • Viewed: 5
  • Price: $990,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1982
  • Bldg sqft: 0
  • Days On Market: 49
  • Additional Information
  • County: RIVERSIDE
  • City: Indio
  • Zipcode: 92201
  • Subdivision: Indian Palms
  • Provided by: KW Coachella Valley
  • Contact: Jelmberg Jelmberg
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Appliances
  1. Dishwasher
  2. Gas Oven
  3. Microwave
  4. Gas Range
  5. Refrigerator
  6. Gas Water Heater
Association Amenities
  1. Barbecue
  2. Pet Rules
  3. Golf Course
  4. Clubhouse
Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 31
Flooring
  1. Carpet
  2. Tile
  3. Vinyl
Foundation Details
  1. Slab
Garage Spaces
  1. 0.00
Heating
  1. Natural Gas
  2. Central
  3. Forced Air
Interior Features
  1. Open Floorplan
Levels
  1. One
Lockboxtype
  1. None
Parcel Number
  1. 614342018
Parking Features
  1. Guest
  2. Unassigned
Pool Features
  1. Community
  2. In Ground
Postalcodeplus4
  1. 7637
Roof
  1. Tile
Security Features
  1. 24 Hour Security
  2. Gated Community
Sourcesystemkey
  1. 20260115030527378972000000:CDAR
Spa Features
  1. In Ground
  2. Community
Subdivision Name Other
  1. Indian Palms
Uncovered Spaces
  1. 0.00
Year Built
  1. 1982
Year Built Source
  1. Assessor