47395 Monroe Street 125, Indio, California 92201, Indio, 92201 - 2 bed, 1 bath
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Indio, California 92201
This Distressed Residential Asset is a high-potential entry point listed at $229,900, offering Exceptional Affordability within the Indio market. Currently holding a Condition Rating of 5, the property is a CASH ONLY opportunity requiring significant rehabilitation to address deferred maintenance and outdated systems. A major benefit is the Debt-Free Transfer, as the seller will settle all outstanding HOA and municipal liens prior to closing. Situated 0.07 miles from the 7/10 rated Dr. Reynaldo J. Carreon Jr. Academy, the location ensures long-term rental appeal. This is a strategic Value-Add project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 47395 Monroe Street 125 Subject | $229,900* List Price | 2 | 1 | 951 | $157 | - |
A 48255 Monroe Street 43 Sold | $242,000 | 1 | 2 | 857 | $282 | 0.4 mi |
B 47395 Monroe Street 259 Sold | $245,000 | 2 | 2 | 942 | $260 | 0.2 mi |
C 48845 Taylor Street Sold | $280,000 | 2 | 2 | 1,218 | $230 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1982 with no evidence of recent renovations, the property shows significant signs of age and deferred maintenance. The 'CASH ONLY' requirement and the existence of municipal and utility liens strongly suggest the home has defects or conditions that prevent it from qualifying for traditional financing. Interior images reveal an outdated kitchen with older white appliances, original cabinetry, and worn flooring/carpeting that require substantial rehabilitation to meet modern standards.
Priced at $229,900, this two-bedroom condo represents a highly accessible entry point into the Indio market, offering significant value for budget-conscious buyers or investors.
The seller's commitment to paying off all outstanding taxes, HOA fees, and municipal/utility liens ensures a clean title and a simplified financial transition for the new owner.
The property is located just 0.07 miles from Dr. Reynaldo J. Carreon Jr. Academy, a well-rated elementary school (7/10), making it an ideal location for families with young children.
The requirement for a 'CASH ONLY' transaction significantly restricts the buyer pool by excluding those who rely on traditional mortgage financing, FHA, or VA loans.
The combination of a cash-only requirement and existing utility/HOA liens often indicates a property that may have deferred maintenance or non-warrantable status.
Affordable living at only $229,900 in Indio, California. Great Opportunity to own this two bedroom, one bath condo in Indio, CA.***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 951 | 1,082 | 28% |
| Lot Size | 919 | 1,229 | 44% |
| Price | $229.9K | $280.0K | 16% |
| Price per sq ft | $242 | $259 | 36% |
| Built year | 1982 | 1981 | 52% |
| HOA | $378.0 | $400 | 28% |
| Days on market | 113 | 174 | 16% |
Dec 31, 2025
$229,900
Initial Listing
Jul 14, 2021
$185,000
Public Record
Feb 13, 2009
$70,000
Public Record
Jun 30, 2005
$196,000
Public Record
Jun 12, 2003
$95,500
Public Record
Aug 12, 1999
$42,000
Public Record