
Indio, California 92201
This Turnkey Desert Loft is a Strong Value Opportunity, listed at $269,000—positioned well below the $279,586 Fair Market Value by 3%. This valuation gap provides $10,586 in Instant Equity. Boasting an Extensive Recent Renovation with Quartz Countertops, Plank Tile Flooring, and a Newer HVAC System, the property holds a Top-Tier Condition Rating. Located minutes from the Empire Polo Grounds, it offers high rental demand for world-class festivals. This fully furnished retreat is an exceptional acquisition for Short-Term Rental Investors or Seasonal Residents seeking a low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48255 Monroe Street 56 Subject | $269,000* List Price | 1 | 2 | 998 | $280 | - |
A 48255 Monroe Street 8 Sold | $275,000 | 2 | 2 | 998 | $276 | 0.0 mi |
B 48255 Monroe 9 Sold | $240,000 | 2 | 2 | 998 | $240 | 0.0 mi |
C 49380 Eisenhower Drive Sold | $325,000 | 2 | 2 | 982 | $331 | 0.6 mi |
D 47395 Monroe St 193 Sold | $272,000 | 2 | 2 | 1,050 | $259 | 0.5 mi |
E 82022 Odlum Drive Sold | $310,000 | 2 | 2 | 1,156 | $268 | 0.3 mi |
F 48255 Monroe Street 33 Active | $309,000 List Price | 2 | 2 | 998 | $310 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1980, this property has undergone an extensive recent renovation within the last 5 years. It features a modern kitchen with quartz countertops and stainless steel appliances, updated bathrooms with contemporary vanities, and high-quality plank tile flooring throughout. The inclusion of a newer HVAC system and its turnkey, fully furnished status indicates no deferred maintenance and alignment with current market standards.
Located minutes from the Empire Polo Grounds, this property is perfectly positioned for high-demand short-term rental opportunities during the Coachella and Stagecoach festivals.
The interior boasts contemporary finishes including quartz countertops, plank tile flooring, and a newer HVAC system, and is offered fully furnished for an immediate move-in.
The association fee covers essential utilities like water, gas, and trash, along with exterior maintenance and roof coverage, ensuring a low-maintenance lifestyle for seasonal or full-time owners.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 998, other record living area = 857.
The monthly HOA fee of $715 is significant for a one-bedroom unit and may deter budget-conscious buyers or impact the net cap rate for investors.
The loft-style one-bedroom configuration combined with low-rated local schools (3/10) restricts the property's appeal primarily to singles, couples, or vacationers rather than families.
Welcome to effortless desert living at Quail Lakes Racquet Club, a gated Indio community where style, comfort, and convenience come together. This furnished loft style condo makes an immediate impression with soaring vaulted ceilings, warm plank tile flooring, and light that pours in from every angle. The modern kitchen is outfitted with quartz countertops, a gas range, dishwasher, microwave, and refrigerator. The main level flows naturally from the living area to a covered patio overlooking a tranquil creek and sparkling pool and spa, creating a seamless indoor outdoor experience. A powder room and outdoor storage closet with washer and dryer round out the ground floor. Upstairs, the spacious loft serves as a private retreat complete with a full bathroom, generous closet space, and additional storage. Resort style amenities include a pool, spa, gazebo, two tennis courts, and scenic walking paths. HOA dues cover water, gas, trash, exterior maintenance, landscaping, and roof, keeping ownership simple and low maintenance. Includes a single car garage with opener and keypad access, a newer A/C and heating system, and an upgraded sliding screen door. Situated minutes from the Empire Polo Grounds, home to world famous Coachella and Stagecoach festivals and close to golf, dining, and shopping at Indio Grand Marketplace and Old Town La Quinta, this property delivers on every front. Whether you're looking for a primary residence, a desert escape, or an income producing rental, the opportunity here is hard to beat.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 2.0 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 20% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 998 | 1,082 | 44% |
| Lot Size | - | 1,229 | 28% |
| Price | $269.0K | $280.0K | 40% |
| Price per sq ft | $270 | $260 | 60% |
| Built year | 1980 | 1980 | 50% |
| HOA | $715.0 | $410 | 88% |
| Days on market | 33 | 173 | 4% |
Mar 20, 2026
$269,000
Initial Listing
May 10, 2022
$242,000
Public Record
May 5, 2021
$165,000
Public Record
Jan 5, 2021
$139,000
Public Record
Nov 20, 2018
$127,500
Public Record
Nov 20, 2006
$160,000
Public Record