$585,000
●
House -
Off Market
82934 Via Venecia
Indio, CA 92201
5 Beds
3 Baths
1,593 Ft²
$2,873
Est. Monthly
About This Property
This beautifully updated 5-bedroom, 3-bathroom home is a prime
investment property with no HOA! Currently operating as a
successful short-term rental, this home is ideally situated just
minutes from the Empire Polo Grounds, making it a top choice for
Coachella, Stagecoach, and other major events.Enjoy a brand-new
saltwater pool and spa, perfect for relaxation or entertaining
guests. The home has been fully renovated, featuring a modern
kitchen with newer appliances, upgraded bathrooms, stylish
woodgrain tile flooring throughout, and contemporary fixtures. The
spacious, open floor plan ensures comfort and versatility.This
property offers RV parking with a paved driveway and ample parking
space. The low-maintenance desert landscaping in the front yard
adds to the home's curb appeal. Conveniently located near shopping,
dining, and entertainment, this home is a rare find!Don't miss this
exceptional opportunity--whether as a primary residence, vacation
getaway, or high-performing short-term rental investment!
Unit Size
1,593 Ft²
Days on Market
52 days
Land Size
0.14 acres
Price per sqft
$367
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1984
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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: 2 years ago (CRMLS #219123891PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | Listed by The Firm Brokerage | $585,000 | |
| Listed by The Firm Brokerage | |||
| | |||
|
This beautifully updated 5-bedroom, 3-bathroom home is a prime investment property with no HOA! Currently operating as a successful short-term rental, this home is ideally situated just minutes from the Empire Polo Grounds, making it a top choice for Coachella, Stagecoach, and other major events.Enjoy a brand-new saltwater pool and spa, perfect for relaxation or entertaining guests. The home has been fully renovated, featuring a modern kitchen with newer appliances, upgraded bathrooms, stylish woodgrain tile flooring throughout, and contemporary fixtures. The spacious, open floor plan ensures comfort and versatility.This property offers RV parking with a paved driveway and ample parking space. The low-maintenance desert landscaping in the front yard adds to the home's curb appeal. Conveniently located near shopping, dining, and entertainment, this home is a rare find!Don't miss this exceptional opportunity--whether as a primary residence, vacation getaway, or high-performing short-term rental investment!
| |||
| Oct 4, 2023 | No longer available | - | |
| No longer available | |||
| Aug 17, 2023 | Price Decreased |
$749,000
↓ $41K
(5.2%) | |
| Price Decreased | |||
| Jul 13, 2023 | Listed by Ronald Christopher & Associates | $790,000 | |
| Listed by Ronald Christopher & Associates | |||
| | |||
|
Price Adjustment! This won't last long! Gorgeous Indio home! 5 Bedrooms 3 bathrooms! No HOA! Home has been fully renovated with all new Kitchen, Bathrooms, Showers, Woodgrain tile floors throughout newer appliances and fixtures! New salt water pool & spa recently built! Front yard is desert landscape, with ample space for parking. Rv Parking with paved driveway! Awesome floor plan with lots of space for a larger family, or short term rental use! Close to the concerts & shopping! The manager has listed the unit size as 1988 square feet.
| |||
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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
Comparables
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Beds
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ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Sarah Mahmic, The Firm Brokerage
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219123891PS
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219123891PS
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