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    45861 Salton St Indio, CA 92201-4649

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    45861 Salton St Indio, CA 92201-4649


    • Retail space
    • 4,050 SF
    • 0.29 lot acres
    Off-Market
    Last Sale Feb 1, 2025
    $475,000
    Property ID
    US09-1261457
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Blue Angels Carpet / Carpet & Flooring Store

    Property Details for 45861 Salton St

    Year built
    1956
    Construction
    WOOD
    Lot size
    0.29 lot acres
    Property size
    4,050 SF
    Zone code
    C2
    Property type
    Retail space
    APN
    611-371-023
    APU
    611371023

    Description

    This exceptional 5-unit commercial property, situated on a 0.29-acre lot at 45861 Salton Street in Indio, California, presents a compelling investment opportunity. The property boasts a diverse tenant mix, with four units occupied by long-term tenants. These include a well-established barber shop, a thriving karate studio, and two units leased to a carpet and tile business. The fifth unit, previously used for church services, has undergone recent renovations exceeding $8,000 in improvements. This unit also benefits from a recent remodel. Each unit is equipped with its own restroom, with the karate studio featuring two restrooms. Significant recent upgrades include the complete replacement of all plumbing lines running from the rear of the units to the city sewer system within the last year. Furthermore, the carport located behind the carpet and tile unit has a newly installed roof. The property's strategic location, just a short distance from the county courthouse, ensures high visibility and accessibility. The asking price for this income-generating property is $525,000. This represents a strong return on investment given the long-term tenants and recent upgrades. The property's diverse tenant base and prime location make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a well-maintained, multi-tenant commercial property in a thriving area.


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    Location Insight

    • Map
    • Local Demand
    City
    Indio
    County
    Riverside
    State
    California
    Longitude
    -116.213
    Latitude
    33.7154
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,494
    $115,000
    $350,000
    $465,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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