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42073 Hideaway Street, Indio, California 92203, Indio, 92203 - 3 bed, 3 bath

42073 Hideaway Street, Indio, California 92203 home-pic-0
ACTIVE$549,000
42073 Hideaway Street, Indio, California 92203
3Beds
3Baths
2,072Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($519,432.215) is $29,567.785 (5%) lower than the list price ($549,000). This property may be overpriced.

Key pros and cons

Top Pros:
Immediate Income Potential: The property is currently tenant-occupied with a 60-day notice given, offering immediate rental income for investors or a planned transition for owner-occupants.
Top Cons:
Restricted Property Access: Showings and inspections are only permitted upon an accepted offer, which significantly limits a buyer's ability to thoroughly evaluate the property beforehand.

Compared to the nearby listings

Price:$549.0K vs avg $570.0K ($-21,000)43%
Size:2,072 sqft vs avg 2,147 sqft42%
Price/sqft:$265 vs avg $27440%

More Insights

Built in 2006 (19 years old).
Condition: The property was built in 2006, placing it within the 'Good' category's age range (10-20 years). The images confirm a well-maintained home with a functional layout. The kitchen features light wood cabinets, dark countertops, and stainless steel appliances that appear to be in good condition. Bathrooms have matching cabinetry and dark countertops. While the style is not newly renovated, it is clean, functional, and move-in ready with no immediate updates required. Flooring consists of tile in common areas and carpet in bedrooms, all appearing well-kept.
Year Built
2006
Close
-
List price
$549K
Original List price
$549K
Price/Sqft
$265
HOA
$129
Days on market
-
Sold On
-
MLS number
219137940DA
Home ConditionGood
Features
Good View:
Patio
View-

About this home

Fantastic investment or primary home opportunity in a desirable Indio neighborhood! This well-maintained 3-bedroom, 2.5-bath single-family residence has a functional open floor plan with bright living areas, a spacious kitchen, and a comfortable dining space. The primary suite includes an ensuite bath, and two additional bedrooms provide plenty of flexibility for guests or a home office. A 2-car attached garage adds convenience and storage. Currently tenant-occupied, this property provides immediate income potential for investors or future flexibility for owner-occupants. A 60-day notice has been given to the tenant, allowing time to plan your next steps. Located near shopping, dining, and local schools, this Indio home combines accessibility and long-term value. Property showings and inspections are available only upon an accepted offer to respect tenant privacy.

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,•K-5•1.3mi
4/10
Desert Ridge Academy
Public,•6-8•4.4mi
5/10
Shadow Hills High School
Public,•9-12•4.1mi

Price History

Date
Event
Price
05/25/21
Sold
$405,000
10/07/11
Sold
$185,500
10/26/06
Sold
$423,500
Condition Rating
Good
The property was built in 2006, placing it within the 'Good' category's age range (10-20 years). The images confirm a well-maintained home with a functional layout. The kitchen features light wood cabinets, dark countertops, and stainless steel appliances that appear to be in good condition. Bathrooms have matching cabinetry and dark countertops. While the style is not newly renovated, it is clean, functional, and move-in ready with no immediate updates required. Flooring consists of tile in common areas and carpet in bedrooms, all appearing well-kept.
Pros & Cons

Pros

Immediate Income Potential: The property is currently tenant-occupied with a 60-day notice given, offering immediate rental income for investors or a planned transition for owner-occupants.
Desirable & Convenient Location: Situated in a desirable Indio neighborhood, close to shopping, dining, and local schools, enhancing daily convenience and lifestyle.
Modern & Well-Maintained Home: Built in 2006, the residence features a functional open floor plan, bright living areas, a spacious kitchen, and is described as well-maintained.
Practical Layout & Features: Offers 3 bedrooms and 2.5 baths, including a primary suite with an ensuite bath, and a 2-car attached garage, providing ample space and convenience for families.
Strong Appreciation History: The sales history indicates consistent property value appreciation, suggesting good long-term investment potential.

Cons

Restricted Property Access: Showings and inspections are only permitted upon an accepted offer, which significantly limits a buyer's ability to thoroughly evaluate the property beforehand.
Tenant Occupancy Logistics: While offering income, the current tenant occupancy requires a 60-day notice period and adds a layer of complexity for owner-occupant buyers regarding move-in timelines and property condition upon vacancy.
Monthly Association Fees: The property is subject to a monthly association fee of $129, which adds to the overall cost of homeownership.

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