48344 Stewart Drive #K1-4, Indio, CA 92201
Local realty services provided by:CENTURY 21 Fort Bragg Realty
48344 Stewart Drive #K1-4,Indio, CA 92201
$990,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jelmberg team
Office: kw coachella valley
MLS#:219141415DA
Source:CRMLS
Price summary
- Price:$990,000
About this home
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.
Contact an agent
Home facts
- Year built:1982
- Listing ID #:219141415DA
- Added:45 day(s) ago
- Updated:March 01, 2026 at 11:33 AM
Rooms and interior
- Flooring:Carpet, Tile, Vinyl
- Kitchen Description:Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Heating and cooling
- Cooling:Central Air
- Heating:Central, Forced Air, Natural Gas
Structure and exterior
- Roof:Tile
- Year built:1982
- Lot area:0.08 Acres
- Foundation Description:Slab
- Levels:1 Story
Finances and disclosures
- Price:$990,000
Features and amenities
- Appliances:Dishwasher
- Amenities:Gas Water Heater, Open Floor Plan
- Pool features:Community, In Ground
New listings near 48344 Stewart Drive #K1-4
- New
$595,000Active3 beds 2 baths1,831 sq. ft.44074 Royal Troon Drive, Indio, CA 92201
MLS# 219144003DAListed by: ENGEL & VOLKERS PALM DESERT - New
$650,000Active4 beds 3 baths2,491 sq. ft.41371 Doyle Street, Indio, CA 92203
MLS# 219143999DAListed by: COMPASS - New
$575,000Active-- beds 1 baths845 sq. ft.48170 Hjorth Street #70, Indio, CA 92201
MLS# 219143970DAListed by: INDIO RV RESORTS INC. - New
$499,000Active2 beds 2 baths1,707 sq. ft.44018 Royal Troon Drive, Indio, CA 92201
MLS# 219143968DAListed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$187,900Active1 beds 1 baths400 sq. ft.84136 Ave 44, #466 #466, Indio, CA 92203
MLS# 219143908DAListed by: COLDWELL BANKER REALTY - New
$595,000Active3 beds 2 baths1,898 sq. ft.37771 Castleford Street, Indio, CA 92203
MLS# 219143958DAListed by: EPIQUE REALTY - New
$1,195,000Active4.17 Acres45751 Aladdin Street, Indio, CA 92201
MLS# 219143945DAListed by: PALM SPRINGS TOWN & COUNTRY REALTY - New
$589,700Active3 beds 3 baths1,995 sq. ft.49345 Beatty Street, Indio, CA 92201
MLS# 219143911DAListed by: BENNION DEVILLE HOMES - New
$599,000Active4 beds 3 baths2,502 sq. ft.42912 Gazapo Court, Indio, CA 92203
MLS# 219143916DAListed by: HOMESMART - New
$600,000Active2 beds 3 baths2,610 sq. ft.81820 Camino Vallecita, Indio, CA 92203
MLS# 219143904DAListed by: EQUITY UNION