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$2,100,000
Est. payment /mo
0.52 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision North Indio Rancho
MLS Listing ID 219132191DA
HOA Y/N No
Year Built 1986
Lot Size 0.520 Acres
Property Description
Prime Multifamily Investment Opportunity in the Heart of Indio!Located at 43965 Towne Street, Indio, CA 92201, this 9-unit apartment complex features a total of 18 bedrooms and 18 bathrooms across a well-maintained property--most of which have been tastefully remodeled. Situated in one of the fastest-growing cities in the Coachella Valley, this asset offers incredible upside for the savvy investor.Indio is experiencing explosive growth, with major investments in infrastructure, new housing developments, and tourism-related expansion--making it a hot spot for long-term real estate appreciation. The property is just minutes from downtown Indio, local shops, schools, restaurants, and major event venues including the Empire Polo Grounds, home to Coachella and Stagecoach--providing excellent rental appeal.While the property is currently producing income, rents are below market, creating immediate value-add potential. With strong rental demand and limited inventory, there's a clear path to significantly improve cash flow and equity over time.Whether you're looking for a 1031 exchange, portfolio expansion, or a strong-performing long-term hold, 43965 Towne St is a rare opportunity to own in a market with both stability and momentum.
Location
State CA
County Riverside
Area 699 - Not Defined
Interior
Heating Central
Cooling Central Air
Flooring Tile
Fireplace No
Exterior
Parking Features Covered
Carport Spaces 9
View Y/N No
Total Parking Spaces 9
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 610211017
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
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Listed by Angela Maciel-Gibbons BPO Homes
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