$1,600,000
●
House -
Off Market
50351 Monroe Street
Indio, CA 92201
3 Beds
3 Baths
2,552 Ft²
$7,857
Est. Monthly
Unit Size
2,552 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$627
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 20 days ago (CRMLS #219153416DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | Listed by Coldwell Banker Realty | $1,600,000 | |
| Listed by Coldwell Banker Realty | |||
| Apr 25, 2025 | Listed | $3,500,000 | |
| Listed | |||
| | |||
|
50351 Monroe St. isn’t just a home—it’s an opportunity unlike any other in the Coachella Valley. Surrounded on three sides by the iconic Empire Polo Grounds, this property places you in the heart of one of the most sought-after entertainment destinations in the world. Yes, that Empire Polo Grounds—home to the Coachella and Stagecoach music festivals. From the backyard, you can see stages and feel the energy that brings thousands to the desert every year. Set on nearly 0.74 acres, this single-story home offers approximately 2,552 square feet of space with 3 bedrooms and 1.5 bathrooms. The interior is in original condition, making it a rare blank canvas for someone ready to reimagine its potential. Whether you're envisioning a personal retreat, a vacation rental, or something entirely unique, the location alone opens the door to countless possibilities. Properties with this kind of proximity, privacy, and potential almost never hit the market. This is more than a renovation project—it's a chance to create something extraordinary in a location that’s truly one-of-a-kind!
| |||
| Apr 8, 2025 | Listed | $3,500,000 | |
| Listed | |||
| | |||
|
50351 Monroe St. isn't just a home--it's an opportunity unlike any other in the Coachella Valley. Surrounded on three sides by the iconic Empire Polo Grounds, this property places you in the heart of one of the most sought-after entertainment destinations in the world. Yes, that Empire Polo Grounds--home to the Coachella and Stagecoach music festivals. From the backyard, you can see stages and feel the energy that brings thousands to the desert every year. Set on nearly 0.74 acres, this single-story home offers approximately 2,552 square feet of space with 3 bedrooms and 1.5 bathrooms. The interior is in original condition, making it a rare blank canvas for someone ready to reimagine its potential. Whether you're envisioning a personal retreat, a vacation rental, or something entirely unique, the location alone opens the door to countless possibilities. Properties with this kind of proximity, privacy, and potential almost never hit the market. This is more than a renovation project--it's a chance to create something extraordinary in a location that's truly one-of-a-kind!
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Indio
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Listed by: Anthony Bauer, Coldwell Banker Realty
Last Updated: 20 days ago
Data Source: CRMLS, MLS# 219153416DA
Last Updated: 20 days ago
Data Source: CRMLS, MLS# 219153416DA
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