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
Price:
$920,000
MLS #:
219141944DA
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Condominium
Subdivision:
Indian Palms
Listed Date:
Feb 10, 2026
Lot Size:
3,484 sqft / 0.08 acres (approx)
Year Built:
1982
See this Listing
Schools
Interior
Appliances
DW, MW, RF, GO, GR, GWH
Cooling
CA
Flooring
TILE, CARP
Heating
FA, GAS, CF
Exterior
Community Features
GOLF
Roof
TLE
Security Features
_24HR, GC
Financial
Map
Community
- Address48304 Stewart DR #J1-4 Indio CA
- SubdivisionIndian Palms
- CityIndio
- CountyRiverside
- Zip Code92201
Subdivisions in Indio
- Aliante
- Bella Vida
- Boe Del Heights
- Colony Park
- Desert Collection
- Desert Gardens 31418
- Desert Grove
- Espana
- Espana 30926
- Estacio 31426
- Four Seasons Terra Lago FSTL
- FourSeasonsTerraLago
- Foxstone
- Foxstone 30904
- Generations
- Haciendas
- Haciendas 30906
- Heritage Palms CC
- Heritage Palms CC 31430
- Indian Palms
- Indian Palms 31432
- Indian Springs
- Jackson Park
- Las Brisas 31438
- Las Brisas North
- Madison Estates
- Madison Ranch
- Montage at Santa Rosa
- Monticello II
- North Indio Rancho
- North Indio Rancho 30908
- Oasis Palms
- Outdoor Resorts CC
- Paradiso
- Ponderosa Villas 30927
- Rancho Casa Blanca
- Regency Park
- Sandstone 30913
- Shadow Hills
- Shadow Hills 30915
- Shadow Ranch
- Sonora Wells
- Sun City Shadow Hills
- Sun City Shadow Hills 30921
- Sun Dance 31475
- Sunburst
- SunCityHil
- Sunny Side Estates
- Talavera
- Talavera 30923
- Terra Lago
- Terra Lago 30924
- The Orchard
- Trilogy Polo Club
- Villa Montego 31482
- Waring Palms 31486
- Wild Flower
Market Summary
Current real estate data for Single Family in Indio as of Mar 03, 2026
900
Single Family Listed
103
Avg DOM
267
Avg $ / SqFt
$414,778
Avg List Price
Property Summary
- Located in the Indian Palms subdivision, 48304 Stewart DR #J1-4 Indio CA is a Single Family for sale in Indio, CA, 92201. It is listed for $920,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1982. The average price per square foot for Single Family listings in Indio is $267. The average listing price for Single Family in Indio is $414,778.
Similar Listings Nearby
48304 Stewart DR #J1-4
Indio, CA


