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$ 1,900,000
Est. payment | /mo
0.52 Acres Lot
$ 1,900,000
Est. payment | /mo
0.52 Acres Lot
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
Opportunity Knocks in the Heart of Indio!For the savvy investor seeking both immediate cash flow and long-term appreciation, 43965 Towne Street presents a compelling opportunity. This 9-unit multifamily property offers 18 bedrooms and 18 bathrooms, with most units already updated and currently income-producing. With rents still below market, there's significant upside potential through strategic rent increases and operational improvements.Located in the rapidly expanding city of Indio, this asset is just minutes from downtown, local schools, shopping, and the Empire Polo Grounds--home to internationally renowned events like Coachella and Stagecoach. The area continues to see strong rental demand, steady job growth, and major development, making it one of the most attractive investment markets in the Coachella Valley.The seller is participating in a 1031 exchange, presenting a unique opportunity for an investor prepared to move quickly. Whether you're looking to complete your own exchange, expand your portfolio, or secure a high-performing long-term hold, 43965 Towne Street checks all the boxes: prime location, value-add potential, and consistent rental income. Don't miss this rare chance to acquire a stabilized asset in a high-growth, high-demand market.
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

Listed by Angela Maciel-Gibbons BPO Homes

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