48255 Monroe Street 2, Indio, California 92201, Indio, 92201 - 1 bed, 2 bath
48255 Monroe Street 2
Indio, California 92201
Property Price
SUMMARY
Analysis of 48255 Monroe Street 2, Indio, California 92201 is currently available with a list price of $249,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Indio Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1980, is well-maintained and move-in ready, but the kitchen and bathrooms are significantly dated. The kitchen features original-style wood cabinets, speckled laminate countertops, and older white/black appliances (refrigerator, range, microwave, dishwasher). Bathrooms have dated cultured marble-style countertops, older vanities, and basic tile surrounds. While the living area has updated laminate flooring, the overall aesthetic, including popcorn ceilings and older light fixtures, indicates that major components are functional but show signs of being outdated and would benefit from minor updates to meet current styles.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Views
The condo offers breathtaking pond, mountain, and community pool views, enhancing its appeal and providing a serene living environment.
- Resort-Style Amenities
Residents enjoy an exceptional lifestyle with access to multiple pools, tennis courts, and a private, gated entrance with security, promoting a resort-like experience.
- Prime Festival Location
Its location within walking distance to the Indio Polo Fields (Coachella/Stagecoach Festivals) and minutes from La Quinta offers significant lifestyle and potential rental income advantages.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =747, other record lot size in square feet = 550.
- High Monthly HOA Dues
The $715 monthly association fee is substantial and could be a significant financial consideration for potential buyers, impacting affordability.
- Limited Living Space
With 867 square feet and a 1-bedroom layout, the property offers compact living, which may not meet the needs of all buyers, particularly those seeking more expansive space or additional rooms.
About 48255 Monroe Street 2
Resort-style living meets unbeatable convenience in this rare Quail Lakes FHA-approved condo with breathtaking pond and mountain views. This 1-bedroom, 2-bath home offers a bright, open layout overlooking the serene pond, community pool, and surrounding mountains. Convenient parking is located directly in front of the condo--no stairs or long walks when bringing in groceries.Enjoy an exceptional lifestyle with access to multiple pools, tennis courts, and a private, gated entrance with security. The HOA covers all utilities except IID electricity, making this home easy to maintain. Perfectly located within walking distance to the Indio Polo Fields, home of the Coachella Music and Arts Festival and Stagecoach Festival, and just minutes from La Quinta, Coachella, and a wide range of shopping, dining, and amenities
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 747 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $715.0 / Month
Neighborhood Insights
Indio Unified Schools
Mountain Vista Elementary School
Grades K-6 • 1.0 mi
Cahuilla Desert Academy Junior High
Grades 7-8 • 2.1 mi
Coachella Valley High School
Grades 9-12 • 4.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 22% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 867 | 1,094 | 28% |
| Lot Size | 747 | 1,167.5 | 39% |
| Price | $249.0K | $277.5K | 39% |
| Price per sq ft | $287 | $257 | 72% |
| Built year | 1980 | 1981 | 50% |
| HOA | $715.0 | $405 | 83% |
| Days on market | 60 | 157 | 6% |
Pricing History
Listed for Sale
Jan 7, 2026
$249,000
Initial Listing