46595 Vargas Road, Indio, CA 92201
Local realty services provided by:ERA North Orange County Real Estate
46595 Vargas Road,Indio, CA 92201
$8,400,000
- 1 Beds
- 1 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: eric chen
Office: cb richard ellis
MLS#:CV26165757
Source:San Diego MLS via CRMLS
Price summary
- Price:$8,400,000
About this home
We are pleased to exclusively present a distinguished multifamily investment opportunity at Casa Serena Apartments, 46595 Vargas Road in Indio, CA, offering a strong in-place income stream in the heart of the Coachella Valley. This well-maintained 51-unit garden-style community provides residents with direct access to the I-10 Freeway and Highway 111 retail corridor, and proximity to the world-famous Empire Polo Grounds and Coachella Valley Music & Arts Festival. Situated on a 106,286 SF lot, Casa Serena features 29,376 SF of rentable space across 51 one-bedroom/one-bathroom floor plans averaging a generous 576 SF each. Select units have been brand new remodeled with dark cabinetry, granite-style countertops, luxury vinyl wood plank flooring, and new tub and shower surrounds. Open-concept island kitchens offer a breakfast bar, electric stove and range with hood, and ample cabinet storage. Each unit includes walk-in closets, double-pane windows, private individual patios, and central air and heating all on one story with no neighbors above or below. Common areas feature an on-site laundry facility, lush mature landscaping, a beautifully maintained courtyard, and surface parking, with full-time on-site property management and maintenance staff. Indios economy is anchored by a dynamic mix of hospitality, gaming, government, healthcare, and retail. Top employers include Fantasy Springs Resort Casino, Spotlight 29 Casino, the City of Indio, Desert Regional Medical Center, and the College of the Desert driving a stable, diverse employment base across the Coachella Valley. As th...
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Home facts
- Listing ID #:CV26165757
- Added:61 day(s) ago
- Updated:September 29, 2026 at 02:24 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Levels:1 Story
Finances and disclosures
- Price:$8,400,000
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