Indio, CA 92201,48364 Stewart DR #K3
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Indio, CA 92201,48364 Stewart DR #K3
Indio, CA 92201,48364 Stewart DR #K3
Indio, CA 92201,48364 Stewart DR #K3
Indio, CA 92201,48364 Stewart DR #K3
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Paul Kaplan

Paul Kaplan

+1(760) 285-8559
$ 255,000
Est. payment /mo
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48364 Stewart DR #K3 Indio, CA 92201

2 Beds

1 Bath

704 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 704 sqft

Price per Sqft $362

Subdivision Indian Palms (31432)

MLS Listing ID 219141412DA

Bedrooms 2

Full Baths 1

HOA Fees $392/mo

HOA Y/N Yes

Year Built 1982

Lot Size 871 Sqft

Property Sub-Type Condominium

Property Description

Rare Short-Term Rental Investment Opportunity in Indian Palms Country Club!This updated 2-bedroom, 1-bath residence offers approximately 704 sq. ft. (EST.) of efficient, well-designed living space and is approved for short-term rentals with no rental restrictions--a standout opportunity within the community. Ideally located just minutes from the Empire Polo Grounds, home to the world-famous Coachella and Stagecoach music festivals, as well as nearby dining, shopping, and entertainment, this property is perfectly positioned to capture strong year-round rental demand. All four units in Building K are available for sale, presenting a rare opportunity for investors seeking a multi-unit acquisition or portfolio expansion within the same building. The monthly HOA of $392 includes 24-hour gated security, two community pools and a spa, a putt-putt course, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen--enhancing guest appeal while helping to manage operating costs. An excellent opportunity for investors, 1031 exchange buyers, or those seeking a flexible desert retreat with proven income potential.

Location

State CA

County Riverside

Area 314 - Indio South Of East Valley

Interior

Interior Features Breakfast Bar, Separate/Formal Dining Room, Open Floorplan

Heating Central, Forced Air, Natural Gas

Cooling Central Air

Flooring Tile, Vinyl

Fireplace No

Appliance Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator

Laundry Common Area

Exterior

Parking Features Guest, Unassigned

Pool Community, In Ground

Community Features Golf, Gated, Pool

Amenities Available Clubhouse, Golf Course, Barbecue, Pet Restrictions

View Y/N No

Roof Type Tile

Private Pool Yes

Building

Lot Description Planned Unit Development

Story 1

Entry Level One

Foundation Slab

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 614342020

Security Features Gated Community,24 Hour Security

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit

Special Listing Condition Standard

Lease Land No

CRMLS – RECore
Listed by Jelmberg Team KW Coachella Valley
Paul Kaplan

Paul Kaplan

Agent | License ID: DRE 01325586

+1(760) 285-8559

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