Residential Development Opportunity in
For Sale
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Monroe St, Chiriaco Summit, CA 92201
42-acre residential development opportunity in rapidly growing Indio, California.
Property SizeContact for details
Lot Size42.00 Acres
Days on Market1531
Property Features for Monroe St
General Information
Standard status
Active
Lot size
42.00 Acres
Property subtype
Land
Listing Agency:
Hoffman Company
(949) 553-2020
Listed By:
Erik Christianson · License #CA 01475105
Source:
Crexi
Added: Jun 3, 2022
Changed: Aug 8
Last Checked: Aug 8 at 4:02AM
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 Hoffman Company
Investment Insights
Based on property information with market context.
This 42-acre high-density residential development opportunity, known as Victoria Palms, is partially improved and features an approved final recorded map for 420 residential units. Located at the northwest corner of Monroe Street and Avenue 49 in the rapidly growing city of Indio, California, the new General Plan potentially allows up to 20 dwelling units per acre, totaling approximately 840 units. The site benefits from convenient access to Interstate 10 and Highway 111 via Monroe or Jefferson Street. Its strategic location in southern Indio places it minutes away from major employment centers and various civic, cultural, entertainment, and recreational resources. The property is a short distance from Coachella Valley amenities, including the Coachella Valley Music Festivals and the Indian Wells Tennis Garden, as well as many of the Coachella Valley’s 120 golf courses. Victoria Palms is suitable for families, retirees, and vacation renters or buyers seeking affordable living in a well-located area. Buyer to verify unit potential.
Key Highlights
- Approved for high‑density residential development, potentially up to 840 units (buyer to verify).
- Strategic location in Southern Indio with convenient access to Interstate 10 and Highway 111.
- Approved Final Recorded Map for 420 Residential Units.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 42-acre residential development opportunity in rapidly growing Indio, California.
Where is this residential land & home lot located?
The property is located at Monroe St Chiriaco Summit, CA.
What are key features of this property?
This property features: Approved for high‑density residential development, potentially up to 840 units (buyer to verify).; Strategic location in Southern Indio with convenient access to Interstate 10 and Highway 111.; Approved Final Recorded Map for 420 Residential Units.
