48304 Stewart Drive #J1-4, Indio, CA 92201
Local realty services provided by:ERA Carlile Realty Group
48304 Stewart Drive #J1-4,Indio, CA 92201
$920,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jelmberg team
Office: kw coachella valley
MLS#:219141944DA
Source:CRMLS
Price summary
- Price:$920,000
About this home
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....
Contact an agent
Home facts
- Year built:1982
- Listing ID #:219141944DA
- Added:64 day(s) ago
- Updated:March 28, 2026 at 10:34 AM
Rooms and interior
- Flooring:Carpet, Tile
- Kitchen Description:Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Heating and cooling
- Cooling:Central Air
- Heating:Central, Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Tile
- Year built:1982
- Lot area:0.08 Acres
- Foundation Description:Slab
- Levels:1 Story
Finances and disclosures
- Price:$920,000
Features and amenities
- Appliances:Dishwasher
- Amenities:Gas Water Heater, Open Floor Plan
- Pool features:Community, In Ground
Parking
- Parking description:Guest, Unassigned
New listings near 48304 Stewart Drive #J1-4
- Open Sat, 11am to 1pmNew
$515,000Active3 beds 3 baths2,177 sq. ft.81947 Villa Giardino Drive, Indio, CA 92203
MLS# 219145474DAListed by: ROYALE REAL ESTATE - Open Sun, 1 to 4pmNew
$575,000Active2 beds 2 baths2,147 sq. ft.80448 Avenida Santa Alicia, Indio, CA 92203
MLS# 219145476DAListed by: KW COACHELLA VALLEY - New
$369,000Active2 beds 2 baths1,257 sq. ft.41371 Calle Pampas, Indio, CA 92203
MLS# 219145459DAListed by: EQUITY UNION - New
$409,000Active2 beds 2 baths1,886 sq. ft.43835 Mezzelune Way, Indio, CA 92203
MLS# 219145455DAListed by: UTOPIA REAL ESTATE - Open Sat, 11am to 2pmNew
$675,000Active3 beds 3 baths2,112 sq. ft.81664 Camino Los Milagros, Indio, CA 92203
MLS# 219145443DAListed by: HOMESMART - New
$675,000Active4 beds 2 baths1,630 sq. ft.82245 Sierra Avenue, Indio, CA 92201
MLS# IG26061297Listed by: KELLER WILLIAMS REALTY - New
$315,000Active2 beds 1 baths900 sq. ft.82481 Valencia, Indio, CA 92201
MLS# SR26061577Listed by: AM-LUCK PROPERTIES - New
$3,800,000Active10 beds 7 baths4,692 sq. ft.48750 Southview Place, Indio, CA 92201
MLS# 219145434Listed by: DESERT SOTHEBY'S INT'L REALTY - New
$675,000Active4 beds 2 baths1,630 sq. ft.82245 Sierra Avenue, Indio, CA 92201
MLS# IG26061297Listed by: KELLER WILLIAMS REALTY - New
$675,000Active2 beds 2 baths1,622 sq. ft.82395 Murray Canyon Drive, Indio, CA 92201
MLS# 219145204Listed by: COLDWELL BANKER REALTY