




48304 Stewart Dr #J1-4, Indio, CA, 92201
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1982
Materials
- Foundation: Slab
- Roof: Tile
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator
Features
- Open Floorplan
- Flooring: Carpet,Tile
Heating & Cooling
- Heating features: Central,Forced Air,Natural Gas
- Cooling features: Central Air
Property
Details
- Parcel number: 614342009
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Private pool: Yes
- Pool features: Community,In Ground
- Has spa: Yes
- Spa features: Community,In Ground
Lot
- Lot size: 3,484 sqft
Parking
- Parking features: Guest,Unassigned
