82480 Crest Avenue, Indio, California 92201, Indio, 92201 - 0 bed, 0 bath
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Indio, California 92201
This property presents a High-Potential Investment Opportunity with a List Price of $560,000—positioned above the $445,942 Fair Market Value. While priced at a premium, the asset offers significant upside through its 7,841 sqft lot and stable rental income in a high-demand North Indio market. With a Condition Rating of 4, the property requires modernization to reach its full potential. This is a strategic Buy-and-Hold Asset ideal for Value-Add Investors or Portfolio Diversifiers seeking to capitalize on the area's 96% occupancy rate and upcoming commercial expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 82480 Crest Avenue Subject | $560,000* List Price | 0 | 0 | 1,024 | $435 | - |
A 82168 Crest Avenue Sold | $435,000 | 3 | 2 | 1,125 | $387 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972 (52 years old), the property is functional but dated. The bathroom features a basic plastic/fiberglass surround and budget-grade fixtures, while the exterior shows cracked concrete and aged finishes. It is suitable for its current use as a rental but requires cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1024.
The property is a multi-unit setup with stable month-to-month tenants in a market boasting a 96% occupancy rate, ensuring immediate and reliable cash flow.
Located near a newly approved commercial district and in the rapidly expanding North Indio area, the property is strategically positioned for significant value growth.
Built in 1972, the property may require significant maintenance or modernization of major systems to maintain its long-term value and appeal.
At a list price of $560,000 for 1,024 square feet, the cost per square foot is relatively high, which may impact the initial cap rate for some investors.
Secure Investment with Immediate Returns in North IndioWe present a unique opportunity for investors seeking steady cash flow and long-term appreciation. This multi-unit property, located in North Indio, generates monthly rental income with stable month-to-month tenants currently in place.Why this property? Insatiable demand: North Indio is experiencing a residential and commercial boom, driven by the expansion of the Coachella Valley. Guaranteed appreciation: Housing developments and shopping centers in the area are driving land values up year after year. Low-maintenance units.The rental market in this area has a 96% occupancy rate, and prices per square foot have risen 18% over the last 24 months. Key fact: The city council has just approved a new commercial district just 5 minutes away, which will skyrocket demand over the next 12 months.Don't let this gem slip away: properties with this income-appreciation profile sell in under 15 days in Indio. Your next recurring income stream awaits.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,024 | 1,953.5 |
| Lot Size | 7,841 | 6,970 |
| Price | $560.0K | $544.5K |
| Price per sq ft | $547 | $281 |
| Built year | 1972 | 2005 |
| HOA | $0 | $280 |
| Days on market | 15 | 80 |
Jul 7, 2026
$560,000
Initial Listing
Jan 26, 2012
$47,000
Public Record
May 31, 2002
$101,500
Public Record