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Indio, CA Multifamily Home for Sale

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    $2,100,000

    • 18 Beds
    • 18 Baths
    • 800 Sq Ft

    43965 Towne St, Indio, CA 92201

    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

    Angela Maciel-Gibbons BPO Homes

    43965 Towne St, Indio, CA 92201

Why Live in Indio

Nicknamed “City of Festivals,” and nationally known as the home of the annual Coachella Valley Music and Arts Festival, Indio is set about 125 miles east of Los Angeles. Originally a late 19th-century stopover town for the Southern Pacific Railroad, Indio has become a booming agricultural community by the early 20th century, its success fueled by dates, citrus fruits and cotton. Today, Indio is a city of roughly 90,000 people, offering a more suburban, affordable alternative to Los Angeles’ rising home prices and urban sprawl. “Coastal residents in Southern California are being priced out and migrating inland,” says Lupe Ramos Amith, the mayor of Indio. Currently, the city is revitalizing its downtown with new businesses, and approving plans for new shared spaces like Indio Sports Park and the Civic Center Campus, which will include a new city hall building and library. Hundreds of new homes are being added here, as well. “Get in now while it’s still a value proposition, because once this is all developed it’s going to be more attractive and selling at higher price points,” says Chris Casas, a Realtor with Indian Springs Real Estate, who has over 23 years of experience.

Home Trends in Indio, CA

Housing Trends

Median Sale Price
$539,000
Median Single Family Sale Price
$565,000
Median 2 Bedroom Sale Price
$293,000
Median 1 Bedroom Sale Price
$199,000
Average Price Per Sq Ft
$310
Number of Homes for Sale
254
Last 12 months Home Sales
1,297
Months of Supply
2.40
Median List Price
$575,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%
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