1
Map
$460,000
●
Multifamily -
Off Market
83056 Ruby Avenue
Indio, CA 92201
Studio
0 Bath
$2,451
Est. Monthly
About This Property
INVESTOR SPECIAL!! Take advantage of this unique opportunity to own
a TRIPLEX with incredible value-add potential!Also available FOR
SALE is 83031 Emerald Avenue, a DUPLEX located on the lot directly
in front of Ruby, giving investors the rare opportunity to acquire
two neighboring multi-unit properties for a total of 5 units!83056
Ruby Avenue is a true value-add opportunity and ready for an
investor, contractor, or buyer with a vision. With three units and
plenty of potential for renovation and improvement, this property
offers an exciting opportunity to reposition, improve, and maximize
its future income potential.Purchase Ruby individually or take
advantage of this unique 2-PROPERTY opportunity and acquire BOTH!
Bring your vision, bring your contractor, and unlock the potential
of this multi-property investment opportunity.
Unit Size
-
Days on Market
24 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1960
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Cap Rate Calculator
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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 months ago (CRMLS #219151222DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Sold | ||
| Sold | |||
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Listed by Coldwell Banker Realty | $499,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Parking Available
Parking Details
Has Carport
Has Open Parking
Parking Features: Attached Carport, Driveway
Open Parking Spaces: 3
Interior Details
Flooring Type: Vinyl
Exterior Details
Has Property Attached
Year Built Source: Assessor
Year Built: 1959
Lot Size Area: 10019
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10019
Utilities Details
Cooling Type: None
Heating Type: None
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/30/2025
| |
Studio
|
-
|
-
|
$260,000
Studio
-
|
$260,000
10/31/2025
|
Mary Martine Blandon
HomeSmart
|
Building Info
About Jewel Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ariana Lopez, Coldwell Banker Realty
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 219151222DA
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 219151222DA
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