Indio, CA 92201,43965 Towne ST
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Indio, CA 92201,43965 Towne ST
Indio, CA 92201,43965 Towne ST
Indio, CA 92201,43965 Towne ST
Indio, CA 92201,43965 Towne ST
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Summer Henry

Summer Henry

+1(562) 489-6263
$ 1,900,000
Est. payment /mo
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Active Under Contract

43965 Towne ST Indio, CA 92201

18 Beds

9 Baths

800 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $2,375

Subdivision North Indio Rancho

MLS Listing ID 219142138DA

Bedrooms 18

Full Baths 9

HOA Y/N No

Year Built 1987

Lot Size 0.520 Acres

Property Sub-Type Single Family Residence

Property Description

If you've been waiting for an investment that delivers both reliable income today and upside for tomorrow, 43965 Towne Street deserves a closer look.Located in the heart of Indio, this 9-unit multifamily property is already doing what smart investors want most--it's fully occupied and income-producing from day one. With 18 bedrooms and 9 bathrooms, each unit offers its own private living space, and many of the units have already been updated, creating a solid foundation with minimal deferred maintenance.What truly sets this property apart is the built-in growth potential. Current rents are below market, giving the next owner a clear opportunity to increase cash flow over time through strategic rent adjustments and thoughtful improvements--without needing a major reposition.The location adds another layer of value. Just minutes from downtown Indio, local schools, shopping, and the Empire Polo Grounds--home to Coachella and Stagecoach--this area continues to attract long-term renters. With ongoing development, steady job growth, and strong rental demand, Indio remains one of the most active and promising rental markets in the Coachella Valley.This is the kind of asset investors seek when building or expanding a portfolio: stable, well-located, and positioned for appreciation. The seller is completing a 1031 exchange, making this an excellent opportunity for buyers who are ready to move quickly--whether you're completing your own exchange, adding doors, or securing a long-term hold.Opportunities like this don't come around often: a stabilized property in a growing market with real upside still ahead.Property is fully occupied. Tenants pay electricity and gas. Water is included and paid by the owner.

Location

State CA

County Riverside

Area 699 - Not Defined

Interior

Heating Central

Cooling Central Air

Flooring Tile

Fireplace No

Laundry Common Area

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

CRMLS – RECore
Listed by Angela Maciel-Gibbons BPO Homes

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 18
  • 8

    Martin Van Buren Elementary School

    Public | KG - 5

  • 7

    Dr. Carreon Academy

    Public | KG - 5

  • 5

    Carrillo Ranch Elementary School

    Public | KG - 5

  • 5

    Lyndon B. Johnson Elementary School

    Public | KG - 5

  • 4

    James Madison Elementary School

    Public | KG - 5

  • 4

    Kennedy Elementary School

    Public | KG - 5

  • 4

    Theodore Roosevelt Elementary School

    Public | KG - 5

  • 4

    Imagine Schools, Riverside County

    Public | KG - 2

  • 3

    Mountain Vista Elementary School

    Public | KG - 6

  • 3

    Dwight Eisenhower Elementary School

    Public | KG - 5

  • 3

    Cesar Chavez Elementary School

    Public | KG - 6

  • 2

    Herbert Hoover Elementary School

    Public | KG - 5

  • 2

    Andrew Jackson Elementary School

    Public | KG - 5

  • 0

    Fountain Christian Academy

    Private | 1 - 6

  • 0

    Our Lady of Perpetual Help School

    Private | PK - 8

  • 0

    Richard R. Oliphant Elementary School

    Public | KG - 5

  • 0

    Richard R. Oliphant Elementary School

    Public | KG - 5

  • 0

    Indio Christian Center Academy

    Private | 3 - 11

Middle Schools 2
  • 4

    Indio Middle School

    Public | 6 - 8

  • 4

    Thomas Jefferson Middle School

    Public | 6 - 8

High Schools 2
  • 5

    Indio High School

    Public | 9 - 12

  • 0

    Amistad High (Continuation)

    Public | 9 - 12

School and business data provided by Attom Data.
Summer Henry

Summer Henry

Agent | License ID: 02237810

+1(562) 489-6263

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43965 Towne ST