80450 Avenue 50
Indio, CA 92201

Description

This Multi-Family property could be a top income producing vacation rental located just 1/2 mile from the Empire Polo Club. We are experiencing one of the hottest short term rental markets in the U.S. This property consists of 4.72 acres, has a main house of appx 2100 sq feet (3 bedroom/2 bath), and a second home (appx 1900 sq ft. with 3 bedrooms/2 bath); detached garage for main house of 700sq ft. In addition, there is a very large barn consisting of 2 rooms and one bathroom w/shower (1224 sq ft / no cooking facility) which was originally built as a bunk house for overflow guests, and a large lanai (1050 sq ft) which serves as a very large game room with its own bathroom; and garage with a/c and 1/2 bath (1020 sq ft). The mature/lush landscape surrounding the main house provides complete privacy. There is also a 10'x50' office trailer. Property is completely fenced. NOTE ADJACENT RALPH's shopping center under expansion, and boutique hotel being built.

Details

MLS#219000003DA
StyleHouse
Sub-TypeResale
StatusActive
Year1981
Days On Site79

Features

Bed(s)6
Bath(s) 4 Full, 2 Three Quarter
SQ Feet2,000
Story(s)1 Story
Acreage4.72
Property ViewYes

Market Activity 92201

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Area Information

StateCA
CountyRiverside
CityIndio
Zip Code92201
Area314 - Indio South of East Valley
Community NameNot Applicable-314 ()
Listing VS Median (in Not Applicable-314 ())
Price:
$2,295,000
low | high
Med:
$284,475
100% of Average
SqFt:
2,000
low | high
Med:
1,473
76.375% of Average
$ / SqFt:
$1,148
low | high
Med:
$193
100% of Average
On Site:
79
low | high
Med:
36
100% of Average
Listing Updated: 03/24/2019
MLS Number: 219000003DA
Listing Provided By:
Doris Martin  of  RE MAX Consultants
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