Sold

45601 Monroe Street

Indio CA, 92201

$1,950,000


$58.31 per sqft

Sold

33,444 sqft

Residential

Listed by Beckloff Dye Properties with Windermere Real Estate 760-773-3958

Fantastic investment opportunity in the heart of Indio, California! Huge complex with 33 rentable units, 91% two bedrooms: SIXTEEN 2br/1ba (plus patio), SEVEN 2br/1ba (plus patio), SEVEN 2br/2ba (plus carport & patio above carport), ONE 1br/1ba, TWO studios. Building offers approx. 33,444 sq. ft. of net rentable area, with average unit size a whopping 984 sq. ft.! Property amenities include a 200 sq. ft. property management office, a storage room, and TWO revenue-generating laundry rooms. Sparkling 20 ft. x 40 ft. safety-fenced swimming pool in the complex courtyard. Property exterior completely repainted in March 2014. Individual suites being renovated with fresh paint and newer appliances upon tenant turnover. Offers 32 covered parking stalls, plus additional open spaces. Property is very centrally located, just half block from Indio Plaza Shopping Center, and near Indio Fashion Mall & Tyselling shopping center. Close to Indio High School and Indio Teen Center.

214012923DA

MLS ID

April 7, 2014

Listed

March 18, 2024

Updated

Map

45601 Monroe Street
Indio CA, 92201

Interior Features

Total Stories

2


Interior Features

Balcony


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

1.71 Acres


Lot Features

Lawn, Landscaped, Level, Near Public Transit, Paved


Roof

Composition, Shingle

Other Property Details

Area Name

311 - Indio Central


Days on Market

117


Association Amenities

RV Parking


Garage

No


Parking Total

0


View

Yes


View Description

Mountain(s), Pool


County

Riverside


Pool

Yes


Pool Features

Community, Filtered, In Ground


Zoning

R3


Buyer Agency Compensation

2%

Listing Contact: 760-773-3958 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/18/2024 at 7:25 PM UTC

 

Powered byLuxury Presence