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Four-Unit Short-Term Rental Property
For Sale
$990,000

48344 Stewart Dr K1-4, Indio, CA 92201

Four residences offer approved short-term use within a gated community with pools, spa, parking, and guest amenities.

Property SizeContact for details
Days on Market124

Property Features for 48344 Stewart Dr K1-4

General Information

Standard status Active
Property subtype Investment

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

HOA Fee $1,568

Amenities

24-hour gated security
community pool
spa
putt-putt course
laundry facilities
barbecue areas
pool house
guest parking

Building Details

Year Built 1982
Buildings 1
Stories 1
Units 4
Listing Agency: KW Coachella Valley
Listed By: Jelmberg Team · License #01765542
Source: Elliman
Added: Apr 29 Changed: Aug 29 Last Checked: Aug 29 at 2:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Coachella Valley

Investment Insights

Based on property information with market context.

This offering includes all four residences in Building K, identified as K1 through K4. Each unit provides a two-bedroom, one-bath layout with approximately 704 square feet of living area. The residences were built in 1982 and are approved for short-term rentals without rental restrictions.

The property is located within Indian Palms Country Club, a gated community with 24-hour security. Community amenities include two pools, a spa, a putt-putt course, laundry facilities, guest parking, barbecue areas, and a pool house with a mini kitchen. The address is near the Empire Polo Grounds in Indio, home to the Coachella and Stagecoach festivals.

Key Highlights

  • All four Building K residences included: K1, K2, K3, and K4
  • Each unit offers 2 bedrooms, 1 bath, and approximately 704 sq. ft.
  • Short‑term rentals approved with no rental restrictions

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Restaurant Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby

Demographics for 92201, CA

66,989
Population
26,241
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
70%
High-School Grad
16.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$66,663
Median Household Income
$35,527
Median Earnings
$1,349
Median Rent
$372,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Four residences offer approved short-term use within a gated community with pools, spa, parking, and guest amenities.
Where is this short term rental property located?
The property is located at 48344 Stewart Dr K1-4 Indio, CA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: All four Building K residences included: K1, K2, K3, and K4; Each unit offers 2 bedrooms, 1 bath, and approximately 704 sq. ft.; Short‑term rentals approved with no rental restrictions
More about this property
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