48255 Monroe Street 6, Indio, California 92201, Indio, 92201 - 2 bed, 2 bath
48255 Monroe Street 6
Indio, California 92201
Property Price
SUMMARY
Analysis of 48255 Monroe Street 6, Indio, California 92201 is currently available with a list price of $295,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
Despite being built in 1980, this condo has undergone significant and tasteful interior renovations, including luxury vinyl plank flooring, updated windows and sliding glass doors, stainless steel kitchen appliances, and beautifully updated bathrooms with tiled showers and stylish vanities. These modern updates, likely completed within the last 5-15 years, make the property move-in ready and well-maintained. The community itself also benefits from recent upgrades like a new hot water system and renovated pool/spa. While no interior images were provided to visually confirm the kitchen and bathroom conditions, the detailed description strongly indicates a 'good' quality, aligning with properties extensively renovated within the specified timeframe.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Interior Renovations
The condo boasts significant interior upgrades including luxury vinyl plank flooring, updated windows/sliders, stainless steel appliances, and tastefully updated bathrooms with tiled showers and stylish vanities.
- Enhanced Community & Amenities
Located in a well-maintained community with lush landscaping, water features, gazebo, and recent upgrades such as a new access-controlled gate, hot water system, and renovated pool/spa.
- Strategic Location & Versatility
Central Indio location, minutes from world-renowned festivals (Coachella/Stagecoach), medical services, shopping, and dining, making it ideal for investment, year-round living, or a weekend getaway.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $715.0 monthly association fee is substantial for a condo of this size, potentially impacting affordability and long-term ownership costs.
- Building Age
Constructed in 1980, the overall building is over four decades old, which, despite unit updates, could imply potential for future community-wide maintenance or special assessments.
- Compact Living Space
With 998 square feet, the unit offers a relatively compact living area, which might be a limiting factor for buyers seeking more expansive indoor space.
About 48255 Monroe Street 6
Welcome to Quail Lakes, located in central Indio. This well maintained condo is situated overlooking the lush landscaping, multiple water features, gazebo,new access controlled gate system, new hot water system, renovated swimming pool & spa located within the interior of the community. Great investment property, year round living or a weekend getaway. This home features luxury vinyl plank flooring in the main area, updated windows & sliding glass doors, & stainless steel appliances. Both bathrooms have been tastefully updated and feature beautiful tiled showers & stylish vanities. There is no shortage of storage in this home. The primary suite features double mirrored wardrobe closets, ceiling fan, en suite bath & a slider to the patio. Bedroom 2 features a ceiling fan & a mirrored wardrobe closet. Enjoy sipping on an early morning cup of coffee or al fresco dining on the covered patio which features a retractable awning for additional shade and a laundry closet with a stackable or side by side washer & dryer included. This condo complex is conveniently located within minutes from where the world renowned Coachella fest & Stagecoach festivals are held, medical services, movie theater, shopping & dining. There is ample parking available & each condo comes with a 1 car detached garage. This home is being sold furnished, a detailed inventory list will be provided upon accepted offer. Trash & water are included in the HOA fee.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 1,024 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 998 | 1,094 | 44% |
| Lot Size | 1,024 | 1,167.5 | 44% |
| Price | $295.0K | $285.0K | 61% |
| Price per sq ft | $296 | $257 | 83% |
| Built year | 1980 | 1981 | 50% |
| HOA | $715.0 | $405 | 83% |
| Days on market | 97 | 157 | 17% |
Pricing History
Listed for Sale
Dec 1, 2025
$295,000
Initial Listing
Sold
Jun 14, 2012
$65,000
Public Record
Sold
May 17, 2000
$50,000
Public Record
Sold
Dec 16, 1998
$45,000
Public Record