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48304 Stewart Drive #J1-4

Indio, CA 92201
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Bed 0

Bed

Bath 0

Bath

SqFt3,484

Sqft(Lot)

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 scal e, 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $920,000

AD Id : 74511607

MLS Id : 219141944DA

Lot Size : 3,484 Sqft

Year Built : 1982

County : Riverside

Subdivision: Fallbrook

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Feature Features

  • Interior Features

    Open Floorplan
    Roof: Tile
    Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1982
    Stories: 1
    Pool Features: Community, In Ground
    Private Pool: Yes

  • Lot Information

    Main Square Feet: 3484 Lot Size Acres: 0.08 Lot Size Source: Assessor Lot Size Square Feet: 3,484

    Property Information

    Subdivision: Indian Palms Source Property Type: Residential Income Postal Code Plus 4: 7637 Property SubType: Condominium Levels: One Property Age: 44

  • Listing Price Information

    Listing Price: $920000
    Cash, Submit

  • Tax Information

    Parcel Number: 614342009

  • Parking Information

    Guest, Unassigned

    Homeowners Association Information

    Association Amenities: Clubhouse, Golf Course, Barbecue, Pet Restrictions
    Community Features: Golf, Gated, Pool

  • Location Information

    Direction: Enter Indian Palms CC main gate, go straight past Eisenhower Dr to Disney Drive, turn right on Gable Drive and follow it to Abbott, turn right on Oasis St which will turn into Barrymore St, then left on Stewart Drive. Security Features: Gated Community,24 Hour Security
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
47267 Blue Jay Street, Indio, CA, 92201 $365,000 3 1 1,080 1,080 SqFt
83347 Mango Walk, Indio, CA, 92201 $649,999 5 2 1,547 1,547 SqFt
45741 Smurr Street, Indio, CA, 92201 $550,000 -- -- --
82480 Crest Avenue, Indio, CA, 92201 $560,000 -- -- --
83124 Blue Mountain Court, Indio, CA, 92201 $505,000 4 2 1,547 1,547 SqFt
43560 Arabia Street, Indio, CA, 92201 $699,900 5 4 1,882 1,882 SqFt
45667 Oasis Street, Indio, CA, 92201 $963,999 -- -- --
49580 Seagull Place, Indio, CA, 92201 $631,756 5 3 2,537 2,537 SqFt
49632 Seagull Place, Indio, CA, 92201 $602,232 4 3 1,835 1,835 SqFt
83283 Thrush Way, Indio, CA, 92201 $601,175 5 3 2,311 2,311 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/23/2026 @ 06:18

MLS: 219141944DA LISTED BY: Jelmberg Team, KW Coachella Valley 760-669-2969 SOURCE: CRMLS

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