$1,900,000
$200K PRICE DROP

43965 Towne St Indio, CA 92201

Estimated payment $11,855/month

Total Views 4,307
18 Beds
9 Baths
800 Sq Ft
$2,375 Price per Sq Ft

Highlights

  • 22,651 Sq Ft lot
  • Tile Flooring
  • Central Heating and Cooling System
  • Living Room
  • 1-Story Property
  • Laundry Facilities

About This Home

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.

Listing Agent

Angela Maciel-Gibbons

BPO Homes License #01735647 Listed on: 07/01/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 18 Full Bathrooms

Parking

  • 9 Carport Spaces
  • 9 Car Parking Spaces

Additional Features

  • 0.52 Acre Lot
  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 610211017

Community Details

Overview

  • 9 Units
  • North Indio Ranchos Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 9 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: Yes
  • Levels: One, Ground
  • List Price per Sq Ft: 2375.00
  • Year Built: 1986
  • Internal Listing I D: 20250701232622987157000000
  • Listing I D: 219132191
  • Listing Member Address: 6920 Santa \Teresa Blvd #208, San Jose, CA 95119
  • Listing Member Fax: (760) 424-3450
  • Listing Office Address: 6920 Santa Teresa Blvd #208, San Jose, CA 95119
  • List Office Board Code: California Desert Association of Realtors
  • Land Type: Fee
  • Subdivision: North Indio Ranchos
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 18
  • Total Bathrooms: 9.00
  • Full Bathrooms: 9
  • Laundry: Community
  • Estimated Sq Ft: 800.00
  • Windows Treatments: Blinds

Garage/Parking

  • Parking: Covered
  • Parking Info Total Carport Spaces: 9.00
  • Parking Info Total Parking Spaces: 9.00

Utilities

  • Number Electric Meters: 9
  • Number Water Meters: 9
  • Cooling Type: Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 9

Association/Amenities

  • Community Features: Sidewalks

Lot Info

  • Assessor Parcel Number: 610211017
  • Lot Size: 22651.00

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Cable TV, Move In Fee, Gas, Electricity
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 9

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2025 08/13/25 Price Changed $1,900,000 -9.5% $2,375 / Sq Ft
07/01/2025 07/01/25 For Sale $2,100,000 -- $2,625 / Sq Ft
Source: California Desert Association of REALTORS®

Source: California Desert Association of REALTORS®

MLS Number: 219132191

California Desert Association of REALTORS®