83808 Avenida Verano, Coachella, California 92236, Coachella, 92236 - 7 bed, 5 bath
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Coachella, California 92236
This Multi-Unit Residential Asset represents a high-utility Hybrid Opportunity in the Coachella market. Listed at $850,000, the property is evaluated against a $715,782 Fair Market Value, with its valuation premium driven by two permitted, income-producing ADUs that offer immediate cash flow. Boasting a Good Condition Rating, the residence features a remodeled kitchen, new flooring, and 7 Bedrooms. Its prime location near the Empire Polo Grounds maximizes Short-Term Rental demand during major festivals. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 83808 Avenida Verano Subject | $799,900* List Price | 7 | 5 | 2,821 | $261 | - |
A 84434 Calle Chavez Sold | $895,000 | 6 | 4 | 2,824 | $317 | 0.6 mi |
B 50271 Paseo Cadiz Sold | $849,000 | 6 | 3 | 2,798 | $303 | 0.4 mi |
C 48914 Chichen Itza Road Sold | $570,000 | 5 | 3 | 2,136 | $267 | 0.7 mi |
D 50289 San Capistrano Drive Sold | $600,000 | 5 | 5 | 2,395 | $251 | 0.5 mi |
E 83 842 Pyramid Ranch Drive Sold | $576,000 | 5 | 3 | 2,404 | $240 | 0.4 mi |
F 83777 Corte Estivo Active Under Contract | $649,900 List Price | 5 | 3 | 2,566 | $253 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property falls within the 10-20 year age bracket for a 'good' rating. It is move-in ready and features significant recent upgrades, including a fully remodeled kitchen with new cabinetry, counters, and stainless steel appliances, as well as new flooring and a tankless water heater. The addition of two permitted ADUs with their own kitchens and mini-split cooling systems indicates the property has been well-maintained and updated beyond its original construction standards.
The property includes two permitted, income-producing ADUs with private entrances and full kitchens, offering exceptional versatility for multi-generational living or high-yield rental opportunities.
Located just minutes from the Empire Polo Grounds, this home is perfectly positioned to capitalize on the high demand for short-term rentals during the Coachella and Stagecoach music festivals.
The main residence features a fully remodeled kitchen with new cabinetry and appliances, complemented by new flooring and a tankless water heater, providing a move-in-ready experience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
Both ADU spaces are currently tenant-occupied on month-to-month contracts, which may require the buyer to navigate existing lease terms or potential vacancy transitions.
The conversion of the tandem garage into a living unit reduces the available enclosed parking and storage space, which may be a drawback for buyers with multiple vehicles.
Major Price Improvement! Motivated Sellers. Bring offers! This property features 2 permitted casita style ADUs, each with a private entrance, full kitchen, and private bathroom. Perfect for multi generational living or rental income opportunity. Live in one and rent the others! This spacious 2,821 sq ft two story residential property offers exceptional versatility and current rental income. The main residence features 4 bedrooms, 2 full bathrooms, guest bathroom, a fully remodeled kitchen showcasing new kitchen counters, cabinetry, sink, faucet, and all appliances. Additional features include new flooring, tankless water heater, 2- car garage, and a large backyard. Property features two separate attached ADU spaces. Both permitted and income producing. The first ADU is a tandem garage conversion(approx.255 sq ft) with kitchen, bathroom, mini split, and private entrance. The second ADU is an approximate 300 sq ft created from a bedroom and dining room area. Featuring one bedroom, bathroom, kitchen, living room, mini split, and its own private entrance and private patio. Both are tenant occupied and month to month contract.Centrally located near shopping, and dining. Just minutes from the Empire Polo Grounds, home of the Coachella Festival and Stagecoach music festival. Located within the city of Coachella, which allows short-term rentals subject to city regulations. This property offers flexible living options and investment potential. Buyer to verify all permits, square footage, and intended use. Do not disturb tenants.
No exterior & parking available.
Grades K-6 • 3.4 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 98% |
| Baths | 5.0 | 2.0 | 95% |
| Square foot | 2,821 | 1,938 | 85% |
| Lot Size | 6,970 | 6,534 | 59% |
| Price | $799.9K | $530.0K | 93% |
| Price per sq ft | $284 | $276 | 56% |
| Built year | 2006 | 2006 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 180 | 20% |
Apr 2, 2026
$799,900
$850,000
-6% Price Drop
Initial Listing
Feb 27, 2026
$850,000
$932,000
-9% Price Drop
Initial Listing
Jan 9, 2026
$932,000
Initial Listing
Mar 1, 2018
$305,000
Public Record
Nov 7, 2017
$210,000
Public Record
Mar 10, 2011
$165,000
Public Record