$147,000
●
Land -
Off Market
83712 Cardinal Avenue
Indio, CA 92201
Studio
0 Bath
$811
Est. Monthly
About This Property
An ideal project for investors or builders looking to start fresh.
The original home on this lot has been demolished, with one wall
intentionally left standing, offering a head start for future
construction and potential savings on utilities or permits. The lot
is ready for a new vision, whether it's a single-family home,
rental, or resale project. With plenty of room to design and build,
this is a great opportunity to create something new in a growing
area of Indio. The possibilities are wide open for those ready to
invest and build value from the ground up.
Unit Size
-
Days on Market
24 days
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1971
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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: 12 months ago (CRMLS #219137590DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2025 | Listed by Windermere Real Estate | $165,000 | |
| Listed by Windermere Real Estate | |||
| May 13, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | Listed by Hacienda Agency, Inc. | $120,000 | |
| Listed by Hacienda Agency, Inc. | |||
| | |||
|
This home is being offered as Lot Value Only. The home was recently burned in a Fire. Buy today and re build it and save on Water Meter, Sewer, Power and School Fees. Buyers to contact the City and all Public Agencies on re building.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Indio
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Listed by: Omar Gallardo, Windermere Real Estate
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 219137590DA
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 219137590DA
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