48344 Stewart DR #K1-4
Indio, CA, 92201
$990,000
Beds
0 Baths
0 SqFt
0.08 Acres
Add
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.

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

Market Summary

Current real estate data for Single Family in Indio as of Mar 25, 2026
906
Single Family Listed
118
Avg DOM
269
Avg $ / SqFt
$412,358
Avg List Price

Property Summary

    Located in the Indian Palms subdivision, 48344 Stewart DR #K1-4 Indio CA is a Single Family for sale in Indio, CA, 92201. It is listed for $990,000 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 $269. The average listing price for Single Family in Indio is $412,358.

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48344 Stewart DR #K1-4
Indio, CA