48344 Stewart Drive #K1-4, Indio, CA 92201

Indio
Local realty services provided by:ERA Excel Realty
48344 Stewart Drive #K1-4,Indio, CA 92201
$990,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jelmberg team
Office: kw coachella valley
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...

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Home facts

  • Year built:1982
  • Listing ID #:219141415DA
  • Added:63 day(s) ago
  • Updated:March 19, 2026 at 10:36 AM

Rooms and interior

  • Flooring:Carpet, Tile, Vinyl
  • 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:$990,000

Features and amenities

  • Appliances:Dishwasher
  • Amenities:Gas Water Heater, Open Floor Plan
  • Pool features:Community, In Ground

Parking

  • Parking description:Guest, Unassigned
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