48304 Stewart DR #J1-4, Indio, CA 92201
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48304 Stewart DR #J1-4, Indio, CA 92201
48304 Stewart DR #J1-4, Indio, CA 92201
48304 Stewart DR #J1-4, Indio, CA 92201
48304 Stewart DR #J1-4, Indio, CA 92201
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Brad Schmett

Brad Schmett

+1(760) 880-5845
$ 920,000
Est. payment /mo
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48304 Stewart DR #J1-4 Indio, CA 92201

8 Beds

4 Baths

2,816 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 2,816 sqft

Price per Sqft $326

Subdivision Indian Palms

MLS Listing ID 219141944

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1982

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Condominium

Property Description

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.

Location

State CA

County Riverside

Area 314 - Indio South Of Hwy 111

Interior

Heating Central, Forced Air, Natural Gas

Cooling Air Conditioning, Ceiling Fan(s), Central Air

Fireplace false

Exterior

Pool Community, In Ground

View Y/N false

Private Pool Yes

Building

Story 1

Entry Level One

Sewer In, Connected and Paid

Level or Stories One

Others

HOA Fee Include Clubhouse

Senior Community No

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit

Special Listing Condition Standard

Listed by KW Coachella Valley
Brad Schmett

Brad Schmett

CEO / President | License ID: 01275226

+1(760) 880-5845

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48304 Stewart DR #J1-4