0 49th Avenue

Indio, California

Street View

''Gallery 49 west'', consisting of 9 improved & recorded lots (for sale in bulk) which is approved as a gated enclave of modern high-end for-sale homes or as vacation-rental homes, not far from the world renowned music festivals. This project is located in the high-end southwest corner of indio, nearly adjacent to la quinta, where home prices average above $1m. These near half-acre lots have the ability to support a large product size and great floor plan. The current product is proposed with modern architecture, and could be tweaked further. Gallery 49 is one of the only opportunities like this with a private enclave near the music festival grounds, with ability to sell to investor homebuyers whom will operate the home as a lucrative vacation rental, or for you to run a similar business plan directly. There are some other similar developments report rental revenues as high as $100k/weekend during each of the 3 festival weekends each spring. Otherwise, a for-sale homes sale business plan with modern product could yield home values of $1. 25m-$1. 5m+.
Property Detail
Bedrooms 0
Bathrooms 0
Property Type Land
Year Built 0
Home Size 0 sqft
Lot Size 5.9500 Acres
MLS# 219031516
County Riverside County
Features
Listing Agent: Erik Christianson Broker: The Hoffman Company Broker Phone: 9495532020
Location

Riverside County Indio 0 49th Avenue

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Neighborhood Info

Indio - 92201

The vacancy rate of homes in 92201 is 16.87% with 50.01% of homes being owner-occupied. The median household income in 92201 is $43055 per year with those between 45 and 64 having the highest median income at $54046.

School in Indio, CA
School Type Grade Distance
John Glenn Middle School Of International Studies Public 6-8 2.45 mi
Amelia Earhart Elementary School Of International Studies Public K-5 2.11 mi
Dr. Reynaldo J. Carreon Jr. Academy Public K-5 1.40 mi
Neighborhood Demographic

Demographic in Indio - 92201

Median Income $43055
Avg Household Size 3.322
Median Age 32.57
White Collars 31%
College Grad 35%

Community Specialist

Tomer Meghnagi

Tomer Meghnagi Broker

CA BRE#01867025

760-275-6681

Copyright © 2020 California Desert Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Home TypeLand
Year Built0
Lot Size5.9500 Acres

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Community Specialist

Tomer Meghnagi

Tomer Meghnagi Broker

CA BRE#01867025

760-275-6681

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