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George Salazar

george@westsidegeorge.com +1(310) 400-6756

$ 990,000

Est. payment -/mo

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Active

48344 Stewart DR #K1-4 Indio, CA 92201

8 Beds

4 Baths

2,816 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,816 sqft

Price per Sqft $351

Subdivision Indian Palms

MLS Listing ID 219141415DA

Bedrooms 8

Full Baths 4

Year Built 1982

Lot Size 3,484 Sqft

Property Sub-Type Multi-Family

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 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.

Location

State CA

County Riverside

Area Indio South Of East Valley

Interior

Interior Features Open Floor Plan

Heating Central, Forced Air, Natural Gas

Cooling Air Conditioning, Ceiling Fan, Central

Flooring Carpet, Tile, Vinyl

Equipment Ceiling Fan, Dishwasher, Microwave, Range/Oven, Refrigerator

Laundry Community

Exterior

Parking Features Parking for Guests, Unassigned

Pool Community, In Ground

Community Features Golf Course within Development

Amenities Available Assoc Pet Rules, Barbecue, Clubhouse, Golf, Guest Parking

View Y/N No

Roof Type Tile

Building

Story 1

Foundation Slab

Sewer In Connected and Paid

Water Water District

Level or Stories One

Structure Type Stucco

Others

Special Listing Condition Standard

Pets Allowed Assoc Pet Rules

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by KW Coachella Valley

George Salazar

Agent | License ID: 00884017

+1(310) 400-6756

George Salazar

48344 Stewart DR #K1-4 Indio, CA 92201

Key Details

Location

Interior

Exterior

Building

Others

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48344 Stewart DR #K1-4