48255 Monroe Street 12, Indio, California 92201, Indio, 92201 - 1 bed, 2 bath
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Indio, California 92201
This Turnkey End-Unit Loft is listed at $259,000, reflecting a market-aligned valuation relative to its $251,387 Fair Market Value. Boasting a Condition Rating of 3, the interior features high-quality LVP flooring, remodeled bathrooms, and a smart security system. The property offers a superior lifestyle experience with private waterway and greenbelt views of the community's "lazy river." Situated blocks from the Empire Polo Grounds and served by the Coachella Valley Unified district, this gated Quail Lakes residence provides premium resort amenities. It is an ideal acquisition for Seasonal Residents or Short-Term Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48255 Monroe Street 12 Subject | $245,000* List Price | 1 | 2 | 857 | $286 | - |
A 48255 Monroe 9 Sold | $240,000 | 2 | 2 | 998 | $240 | 0.0 mi |
B 48255 Monroe Street 59 Sold | $245,000 | 2 | 2 | 998 | $245 | 0.0 mi |
C 48255 Monroe Street 43 Sold | $242,000 | 1 | 2 | 857 | $282 | 0.1 mi |
D 82075 Country Club 53 Sold | $225,000 | 1 | 1 | 616 | $365 | 0.3 mi |
E 82815 Davis Drive Sold | $235,000 | 2 | 1 | 704 | $334 | 0.8 mi |
F 82567 Avenue 48 8 Sold | $239,000 | 2 | 1 | 704 | $339 | 0.7 mi |
G 48255 Monroe Street 5 Active | $300,000 List Price | 2 | 2 | 998 | $301 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is presented in turnkey condition with several modern updates. It features newer LVP flooring on the main level, a fully remodeled half-bath, and a partially remodeled main bathroom. While the building dates to 1980, the interior has been well-maintained and updated to be move-in ready, meeting the criteria for a property that requires no immediate renovation.
Situated just blocks from the Polo and Festival grounds, this property is perfectly positioned for high-yield short-term rental opportunities during major events like Coachella and Stagecoach.
This end-unit loft is move-in ready, featuring modern LVP flooring, a smart security system, and updated bathrooms, reducing the need for immediate post-purchase capital expenditures.
Located in the gated Quail Lakes community, the unit offers scenic 'lazy river' waterway views and access to premium amenities including a clubhouse, pool, hot tub, and tennis courts.
The monthly HOA fee of $858 is relatively high for a one-bedroom condo, which may deter some buyers and impact the net cash flow for investors.
The property is served by local schools with low ratings (3/10), which could limit its appeal to long-term residents with school-aged children.
BACK ON THE MARKET!! Short Sale has been approved. Turnkey, end unit loft condo, with views of the waterway, tennis courts and common area gazebo. Inside the complex you will discover well maintained landscaping. The unit comes with a smart security system and a single car detached garage. This is a prime location, just blocks from the Polo/Festival grounds, close to shopping and multiple golf courses. The loft layout is great for renters and is amazing for STRs (with HOA approval and a license). Quail Lakes is a gated community with a club house, pool, hot tub & tennis courts. The back patio looks out onto the ''lazy river'' and has it's own private laundry area(in the patio closet). Kitchen, dining area, desk space, living room and remodeled half bath are on the first level. Main bedroom/loft, partially remodeled main bath with 2 closets is on the second level. There is all NEW LVP flooring downstairs. Upstairs has carpet in the bedroom. This would make a great desert getaway or investment property - This complex is an FHA Approved Complex.. Call today to schedule an appointment to see this home.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 2.1 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 1.5 |
| Square foot | 857 | 930 |
| Lot Size | - | 1,742.5 |
| Price | $245.0K | $311.6K |
| Price per sq ft | $286 | $264 |
| Built year | 1980 | 1980 |
| HOA | $858.0 | $402 |
| Days on market | 132 | 83 |
Jun 6, 2026
$245,000
$257,500
-5% Price Drop
Initial Listing
Apr 4, 2026
$257,500
$259,000
-1% Price Drop
Initial Listing
Mar 13, 2026
$259,000
Initial Listing
Nov 6, 2023
$244,500
Public Record
Jan 8, 2019
$127,000
Public Record
Sep 2, 2004
$120,000
Public Record