82567 Avenue 48 56, Indio, California 92201, Indio, 92201 - 2 bed, 2 bath
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Indio, California 92201
This Strong Value Opportunity is a 2-bedroom condominium listed at $224,000—positioned well below the $236,426 Fair Market Value by 5%. This valuation gap offers $12,426 in Instant Equity. With a Fair Condition Rating, the unit features recent cosmetic updates and is located in an STR-friendly community near the Empire Polo Grounds. This asset is ideal for Buy-and-Hold Investors seeking high-yield seasonal income or first-time buyers looking for a low-maintenance, resort-style lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 82567 Avenue 48 56 Subject | $224,000* List Price | 2 | 2 | 1,024 | $231 | - |
A 48255 Monroe Street 59 Sold | $245,000 | 2 | 2 | 998 | $245 | 0.7 mi |
B 49210 Douglas Street Street Sold | $290,000 | 2 | 2 | 1,218 | $238 | 0.6 mi |
C 48845 Taylor Street Sold | $280,000 | 2 | 2 | 1,218 | $230 | 0.6 mi |
D 48255 Monroe 9 Sold | $240,000 | 2 | 2 | 998 | $240 | 0.7 mi |
E 48255 Monroe Street 43 Sold | $242,000 | 1 | 2 | 857 | $282 | 0.7 mi |
F 47395 Monroe Street 259 Sold | $245,000 | 2 | 2 | 942 | $260 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 (44 years old), the property has received cosmetic updates including fresh paint and newer wood-look flooring. However, the kitchen features older cabinetry and countertops despite updated stainless steel appliances. Since the core systems and wet areas appear to be older than 15-20 years without a full renovation, it meets the 'Fair' criteria for a dated but functional home.
The property is located in an STR-friendly zone allowing rentals under 30 days, making it a premier opportunity for investors seeking high-yield seasonal income.
Situated within walking distance of the Empire Polo Grounds, this home is perfectly positioned to capitalize on the massive demand generated by Coachella and Stagecoach festivals.
Located within the gated Indian Palms Country Club, residents have access to a comprehensive suite of amenities including pools, spa, golf, and tennis facilities.
Built in 1980, the property may require additional capital expenditure for modernizing mechanical systems or interior finishes beyond the recent cosmetic paint.
The assigned middle and high schools have lower performance ratings (3 and 4 respectively), which may limit the property's appeal to long-term family owner-occupants.
Whether you're looking for a vacation getaway, a smart investment, or a place to call home full-time...this one checks all the boxes! STR-friendly, (Yes- you can do under 30 day rentals!) and just over 1,000 sq ft, this freshly repainted corner unit features lower-level living space with a spacious living room, dining, 1/2 bath and kitchen. Upstairs you will find 2 large bedrooms and a full bathroom. Located inside the gated Indian Palms Country Club community, residents have access to a pools, spa, golf, and tennis (available for a fee), plus the option to dine right at the clubhouse. And the location? It doesn't get much better... you're just a walk away from the Empire Polo Grounds, home to Coachella, Stagecoach, Polo tournaments and more! Townhomes in this community don't come up often... schedule your showing today!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,024 | 930 |
| Lot Size | - | 1,742.5 |
| Price | $224.0K | $311.6K |
| Price per sq ft | $219 | $264 |
| Built year | 1980 | 1980 |
| HOA | $350.0 | $402 |
| Days on market | 27 | 83 |
Jun 25, 2026
$224,000
Initial Listing
Jun 27, 2006
$1,000
Public Record