$835,000
●
House -
Off Market
81514 Avenue 50
Indio, CA 92201
2 Beds
1 Bath
900 Ft²
$5,156
Est. Monthly
About This Property
Unmatched Location - Steps from the Empire Polo Grounds! Investor's
dream and a rare opportunity to own nearly 1 full acre directly
across from the VIP entrance of the world-famous Coachella and
Stagecoach music festivals! Located in the heart of Indio's Polo
Fields, this prime parcel offers limitless potential--whether
you're looking to develop a high-demand short-term rental, build
your dream estate, or capitalize on one of the most sought-after
locations in the Coachella Valley. The property currently features
a 900 sq ft home and offers ample space for expansion or
redevelopment. Zoned for endless possibilities, this is your chance
to secure a front-row seat to the most iconic music and lifestyle
events in the world. Ideal for: 1. ) Luxury vacation rental
development 2.) Seasonal event hosting 3.) Private estate or
compound. Don't miss your chance to own land in one of Southern
California's most vibrant and fastest-growing event corridors
Unit Size
900 Ft²
Days on Market
71 days
Land Size
0.87 acres
Price per sqft
$1,167
Property Type
House
Property Taxes
-
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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: 3 months ago (CRMLS #219148726DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 13, 2026 | Sold | ||
| Sold | |||
| Jul 23, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Listed by OZA Realty Inc. | $1,050,000 | |
| Listed by OZA Realty Inc. | |||
| Oct 17, 2025 | Listed | $1,050,000 | |
| Listed | |||
| | |||
|
Unmatched Location - Steps from the Empire Polo Grounds! Investor's dream and a rare opportunity to own nearly 1 full acre directly across from the VIP entrance of the world-famous Coachella and Stagecoach music festivals! Located in the heart of Indio's Polo Fields, this prime parcel offers limitless potential--whether you're looking to develop a high-demand short-term rental, build your dream estate, or capitalize on one of the most sought-after locations in the Coachella Valley. The property currently features a 900 sq ft home and offers ample space for expansion or redevelopment. Zoned for endless possibilities, this is your chance to secure a front-row seat to the most iconic music and lifestyle events in the world. Ideal for: 1. ) Luxury vacation rental development 2.) Seasonal event hosting 3.) Private estate or compound. Don't miss your chance to own land in one of Southern California's most vibrant and fastest-growing event corridors
| |||
| Sep 16, 2025 | Price Decreased |
$1,150,000
↓ $200K
(14.8%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
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: Jose Espinoza, OZA Realty Inc.
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 219148726DA
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 219148726DA
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