48304 Stewart Drive J1-4, Indio, California 92201, Indio, 92201 - bed, bath

48304 Stewart Drive J1-4, Indio, California 92201 home-pic-0

48304 Stewart Drive J1-4

Indio, California 92201

ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
704Sq Ft
3,484Lot Size

Property Price

LIST PRICE$920,000

SUMMARY

Analysis of 48304 Stewart Drive J1-4, Indio, California 92201 is currently available with a list price of $920,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1982, the interior images showcase extensive and recent renovations, particularly in the kitchens and bathrooms. The kitchens feature modern white shaker cabinets, sleek quartz countertops, and new stainless steel appliances. Bathrooms are updated with floating vanities, contemporary fixtures, and large format tile showers. The main living areas boast modern large-format tile flooring and recessed lighting, indicating a comprehensive update to meet current quality standards and appeal to short-term renters. While some minor older elements might exist in less prominent areas, the overall presentation of the units is virtually new and highly appealing.

PROSSTRENGTHS & OPPORTUNITIES

  • Multi-Unit Portfolio

    Acquisition of all four units in one building provides significant scale, operational efficiency, and diversification for investors.

  • Short-Term Rental Approval

    Each unit is approved for short-term rentals with no restrictions, maximizing income potential in a high-demand area.

  • Premier Location for Events

    Proximity to Empire Polo Grounds (Coachella, Stagecoach) ensures strong, year-round demand from festival attendees and seasonal renters.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3484, other record lot size in square feet = 631.

  • Property Age

    Built in 1982, the units are over 40 years old, potentially requiring updates or maintenance to meet modern guest expectations and competitive standards.

  • High HOA Fees

    The $392 per unit, per month HOA fee represents a substantial ongoing operating expense that could impact net rental income and overall profitability.

About 48304 Stewart Drive J1-4

Rare Multi-Unit Short-Term Rental Investment Opportunity in Indian Palms Country Club! A unique opportunity to acquire all four units in Building J (J1, J2, J3, and J4)--each approved for short-term rentals with no rental restrictions--offering exceptional income potential within one of Indio's most sought-after gated communities. Each residence features a 2-bedroom, 1-bath layout with approximately 704 sq. ft. (EST.) of efficient living space, making these units highly attractive for short-term guests, seasonal renters, and festival attendees. Ideally located just minutes from the Empire Polo Grounds--home to the world-renowned Coachella and Stagecoach festivals--this portfolio is perfectly positioned to capitalize on strong, year-round rental demand. This four-unit offering provides scale, operational efficiency, and diversification, allowing investors to streamline management while maximizing cash flow potential within a single building. The HOA of $392 per unit, per month includes 24-hour gated security, two community pools and spa, a putt-putt course, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen--enhancing guest experience while helping control operating expenses. An outstanding opportunity for investors, portfolio buyers, or 1031 exchange purchasers seeking a rare multi-unit, short-term-rental-approved asset in the heart of the Coachella Valley.

Property Details

Public Facts

Property Type
Condominium
Year Built
1982
Lot Size
3,484 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Indio Unified Schools

Dr. Reynaldo J. Carreon Jr. Academy

Grades K-5 • 1.1 mi

7/10

Thomas Jefferson Middle School

Grades 6-8 • 1.0 mi

3/10

Indio High School

Grades 9-12 • 1.7 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds-2.0
6%
Baths-2.0
6%
Square foot7041,094
22%
Lot Size3,4841,267.5
94%
Price$920.0K$285.0K
94%
Price per sq ft$1.3K$257
94%
Built year19821982
50%
HOA$0$400
6%
Days on market44156
6%

Pricing History

Listed for Sale

Jan 22, 2026

$920,000

Initial Listing

Sold

Jul 28, 2004

$828,000

Public Record

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