48344 Stewart Drive #K1-4, Indio, CA 92201
Local realty services provided by:ERA North Orange County Real Estate
48344 Stewart Drive #K1-4,Indio, CA 92201
$990,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jelmberg team
Office: kw coachella valley760-669-2969
MLS#:219141415DA
Source:CRMLS
Price summary
- Price:$990,000
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 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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Home facts
- Year built:1982
- Listing ID #:219141415DA
- Added:166 day(s) ago
- Updated:June 30, 2026 at 01:18 PM
Rooms and interior
- Flooring:Carpet, Tile, Vinyl
- Kitchen Description:Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace, 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:$990,000
Features and amenities
- Appliances:Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
- Amenities:Barbecue, Clubhouse, Gated Community, Golf Course, Open Floorplan
- Pool features:Community Pool, In Ground
Parking
- Parking description:Guest, Unassigned
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