Active

43965 Towne Street

Indio, CA 92201

$1,900,000 $8,010/Mo

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Overview

Bed

Bath

800

Sqft

22,651

Sqft(Lot)

Description

If you've been waiting for an investment that delivers both reliable income today and upside for tomorrow, 43965 Towne Street deserves a closer look.Located in the heart of Indio, this 9-unit multifamily property is already doing what smart investors want most--it's fully occupied and income-producing from day one. With 18 bedrooms and 9 bathrooms, each unit offers its own private living space, and many of the units have already been updated, creating a solid foundation with minimal deferred maintenance.What truly sets this property apart is the built-in growth potential. Current rents are below market, giving the next owner a clear opportunity to increase cash flow over time through strategic rent adjustments and thoughtful improvements--without needing a major reposition.The location add s another layer of value. Just minutes from downtown Indio, local schools, shopping, and the Empire Polo Grounds--home to Coachella and Stagecoach--this area continues to attract long-term renters. With ongoing development, steady job growth, and strong rental demand, Indio remains one of the most active and promising rental markets in the Coachella Valley.This is the kind of asset investors seek when building or expanding a portfolio: stable, well-located, and positioned for appreciation. The seller is completing a 1031 exchange, making this an excellent opportunity for buyers who are ready to move quickly--whether you're completing your own exchange, adding doors, or securing a long-term hold.Opportunities like this don't come around often: a stabilized property in a growing market with real upside still ahead.Property is fully occupied. Tenants pay electricity and gas. Water is included and paid by the owner.

Property Details

Property Type : Residential

Price : $1,900,000

AD Id : 74566990

MLS Id : 219142138DA

Beds : 18

Lot Size : 22,651 Sqft

Living Area Size : 800

Year Built : 1987

County : Riverside

Subdivision: Fallbrook

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 18

Bathroom Information

Total Baths: 9 Full Baths: 9 Half Baths: 0
Interior Features

Windows: Blinds Flooring: Tile
Cooling Features

Central Air Air Conditioning

Heating Source

Central Has Heating

Fireplace

Has Fireplace: 0

Building Information

Year Built: 1987
Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.52
Lot Size Source: Assessor Lot Size Square Feet: 22651

Listing Price Information

Original List Price: 1,900,000 Listing Contract Date: 2026-01-26
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 610211017

Garage and Parking

Garage Description: Covered

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: Drive by only: Do not disturb occupants Cross Street: Ave 44 & Towne St. Source Property Type: Residential Area: 699 - Not Defined Property SubType: Single Family Residence
Building and Construction

Property Age: 39 Structure Type: Single Family Residence Year Built Source: Assessor Total Square Feet Living: 800 Property Attached: Yes Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
84023 Lingayan Avenue, Indio, CA, 92201	$280,000	2	2	1,040	1,040 SqFt
42499 Aruba Court, Indio, CA, 92201	$602,900	4	2	2,204	2,204 SqFt
45741 Smurr Street, Indio, CA, 92201	$550,000	--	--	--
48304 Stewart Drive #J1-4, Indio, CA, 92201	$920,000	--	--	--
48304 Stewart Drive #J1, Indio, CA, 92201	$230,000	2	1	704	704 SqFt
48314 Stewart Drive #J2, Indio, CA, 92201	$230,000	2	1	704	704 SqFt
48324 Stewart Drive #J3, Indio, CA, 92201	$230,000	2	1	704	704 SqFt
48334 Stewart Drive #J4, Indio, CA, 92201	$230,000	2	1	704	704 SqFt
48344 Stewart Drive #K1-4, Indio, CA, 92201	$990,000	--	--	--
48344 Stewart Drive #K1, Indio, CA, 92201	$265,000	2	1	704	704 SqFt

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ByOwner last updated this listing 06/05/2026 @ 19:10

MLS: 219142138DA LISTED BY: Angela Maciel-Gibbons, BPO Homes 760-880-8568 SOURCE: CRMLS