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
  • 8 Beds
  • 4 Baths
  • 2,816 sq. ft.
  • Multi-family
  • Active
Listed by: jelmberg team
Office: kw coachella valley
MLS#:219141415
Source:CA_DAMLS

Price summary

  • Price:$990,000
  • Price per sq. ft.:$351.56

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

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Home facts

  • Year built:1982
  • Listing ID #:219141415
  • Added:1 day(s) ago
  • Updated:January 15, 2026 at 03:45 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,816 sq. ft.

Heating and cooling

  • Cooling:Air Conditioning, Ceiling Fan(s), Central Air
  • Heating:Central, Forced Air, Natural Gas

Structure and exterior

  • Roof:Tile
  • Year built:1982
  • Building area:2,816 sq. ft.
  • Lot area:0.08 Acres

Utilities

  • Water:Water District
  • Sewer:Connected and Paid, In

Finances and disclosures

  • Price:$990,000
  • Price per sq. ft.:$351.56
Based on information from the California Desert Association of REALTORS® as of January 15, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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