Stacey Alysson Melman

48344 Stewart DR #K1-4 Indio CA 92201 MLS #219141415DA

48344 Stewart DR #K1-4
Indio, CA, 92201
$990,000
Beds
0 Baths
0 SqFt
0.08 Acres
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MLS #219141415DA image #0
Rare Multi-Unit Short-Term Rental Investment Opportunity in Indian Palms Country Club!A unique opportunity to acquire all four units in Building K (K1, K2, K3, and K4)–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.
AGENT: Jelmberg Team
LISTING BROKERAGE: KW Coachella Valley
48344 Stewart DR #K1-4
Indio, CA

Property Details

Price:
$990,000
MLS #:
219141415DA
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
Indian Palms
Listed Date:
Jan 22, 2026
Lot Size:
3,484 sqft / 0.08 acres (approx)
Year Built:
1982
PoolCommunity GatedIndian Palms
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Schools

Interior

Appliances
DW, MW, RF, GO, GR, GWH
Cooling
CA
Flooring
TILE, VINY, CARP
Heating
FA, GAS, CF
Interior Features
OFP
Levels
A

Exterior

Community Features
GOLF
Roof
TLE
Security Features
_24HR, GC
Spa Features
IG, COM

Financial

Map

Community

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