Indian Wells Condo with
For Sale
$375,000
78125 Cabrillo Lane Indian, Indian Wells, CA 92210
Ground-level, furnished condo in Indian Wells with rental income potential.
Property Size1,152 SF
Price / SF$325.52
Days on Market422
Property Features for 78125 Cabrillo Lane Indian
General Information
Standard status
Active
Size
1,152 SF
Property subtype
Condominium
Amenities
Cable Ready
Central Air
Electric
Air Conditioning
Heat Pump
Forced Air
Disposal
Electric Cooktop
Electric Oven
Microwave Oven
Refrigerator
Gated Entry, Patio, Pool, Porch, Cable TV
Building Details
Building Size
1,152 SF
Year Built
1972
Stories
2
Listing Agency:
COLDWELL BANKER REALTY
(713) 425-1863
Listed By:
COLDWELL BANKER REALTY · License #644062
Source:
Kw
Added: Jul 3, 2025
Changed: Aug 27
Last Checked: Aug 26 at 3:44PM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This ground-level condominium is located on fee land within the guard-gated Mountain Cove community in Indian Wells. The fully furnished residence features 2 bedrooms and 2.25 baths, offering resort-style living and income potential. The open floor plan includes two spacious en-suite bedrooms, with a separate-entry lock-off suite equipped with its own air conditioning unit and water heater for rental versatility. Expansive sliding doors open to a wraparound patio with mountain views, near the community pool. Short-term rentals are permitted (minimum 7 days), allowing flexible leasing options for the lock-off, main suite, or entire unit. The property is suitable as a vacation retreat, investment property, or full-time residence. It benefits from IID electric rates and maintained grounds. Residents have Indian Wells privileges, including a 20% discount on dining and spa services, and preferred golf rates at the Indian Wells Golf Resort. The property size is 1152 square feet.
Key Highlights
- Ground‑level condominium on fee land in Indian Wells' guard‑gated Mountain Cove community.
- Short‑term rental potential (minimum 7 days) with a separate‑entry lock‑off suite for flexible leasing options.
- Fully furnished 2‑bedroom, 2.25‑bath residence with two en‑suite bedrooms.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,647
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$372,940
$372.9K
Cap Rate 7%
$266,386
$266.4K
Cap Rate 9%
$207,189
$207.2K
Market Conditions
NOI Build-Up for 1,152 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$34.6K $30.00/SF
− Vacancy
−$657 −$0.57/SF
EGI
$33.9K $29.43/SF
− OpEx
−$15.3K −$13.24/SF
NOI
$18.6K $16.19/SF
Area
Riverside County, CA
Vacancy
1.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$372,940
Cap Rate 7%
$266,386
Cap Rate 9%
$207,189
Alternative Uses
Best Use
Apartment 5plus
$266.4K
$233.1K – $310.8K
NOI $18,647 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$345.1K
$302.0K – $402.6K
NOI $24,158 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
824
Businesses Nearby
Explore this area
Business Placement
Demographics for 92210, CA
4,757
Population
5,025
Households
0.9
Avg Household Size
69
Median Age
59%
College-Educated
97%
High-School Grad
14.3 sq mi
ZIP Area
333
Density / Sq Mi
$145,313
Median Household Income
$67,263
Median Earnings
$1,029
Median Rent
$1,002,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Ground-level, furnished condo in Indian Wells with rental income potential.
Where is this short term rental property located?
The property is located at 78125 Cabrillo Lane Indian Indian Wells, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Ground‑level condominium on fee land in Indian Wells' guard‑gated Mountain Cove community.; Short‑term rental potential (minimum 7 days) with a separate‑entry lock‑off suite for flexible leasing options.; Fully furnished 2‑bedroom, 2.25‑bath residence with two en‑suite bedrooms.**
