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43965 Towne Street, Indio, CA 92201

$1,900,000
Property Type: Residential Bedrooms: 18 Baths: 9 Square Footage: 800 Status: Active
Current Price: $1,900,000 List Date: 3/05/2026 Last Modified: 3/05/2026

Description

If you've been waiting for an investment that delivers both reliable income today and upside for tomorrow, 43965 Towne Street deserves a closer look. Located in the heart of Indio, this 9-unit multifamily property is already doing what smart investors want most—it's fully occupied and income-producing from day one. With 18 bedrooms and 9 bathrooms, each unit offers its own private living space, and many of the units have already been updated, creating a solid foundation with minimal deferred maintenance. What truly sets this property apart is the built-in growth potential. Current rents are below market, giving the next owner a clear opportunity to increase cash flow over time through strategic rent adjustments and thoughtful improvements—without needing a major reposition. The location adds another layer of value. Just minutes from downtown Indio, local schools, shopping, and the Empire Polo Grounds—home to Coachella and Stagecoach—this area continues to attract long-term renters. With ongoing development, steady job growth, and strong rental demand, Indio remains one of the most active and promising rental markets in the Coachella Valley. This is the kind of asset investors seek when building or expanding a portfolio: stable, well-located, and positioned for appreciation. The seller is completing a 1031 exchange, making this an excellent opportunity for buyers who are ready to move quickly—whether you're completing your own exchange, adding doors, or securing a long-term hold. Opportunities like this don't come around often: a stabilized property in a growing market with real upside still ahead. Property is fully occupied. Tenants pay electricity and gas. Water is included and paid by the owner.

More Information MLS# 219142138

Listing, Location and Property Info

Entry Date: 2026-01-26 Land Type: Fee

General Property Information

Fireplace: No Building # of Stories: 1 Pool: No Garage: No Sprinklers: No Furnished: Unfurnished Total Bedrooms: 18 Full Baths: 9 Approx SqFt: 800 Total Baths: 9 SqFt Source: Assessor Lot Size: 22651 Lot Size Source: Assessor Year Built: 1987 Cross Streets: Ave 44 & Towne St

Listing Info

Short Term Rentals: Unknown Will Consider Lease: No

Tax Info

Tax Mello Roos: Unknown

Property Info

View: No Golf Course Within Development: No Senior Community: No Gated Community: No PUD Y/N: No Total Monthly Association Fees: 0

Community Features

Sidewalks: 1

Sale Type

Standard: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1 FHA: 1

Parking Spaces/Information

Total Covered Spaces: 0 Total Uncovered/Assigned Spaces: 0

Disclosures

None: 1

Levels

Ground: 1 One: 1

Flooring

Tile: 1

Cooling Type

Central Air: 1

Heating

Central: 1

Rooms

Living Room: 1

Laundry

Community: 1

Security Safety

None: 1

Window Treatments

Blinds: 1

Sewer

In, Connected and Paid: 1

Parking

Covered: 1

HOA Information

HOA: No

Land Lease Type

Fee Simple: 1

DPR

DPR Eligible: No

Listing Location and Property Info

APN: 610211017 Status: Active Listing Date: 2026-01-26 Original List Price: 1900000 List Price: $1,900,000 Current Price: $1,900,000 Property Sub-Type: Single Family Residence Street #: 43965 Street Name: Towne Street Suffix: Street County: Riverside State: CA Zip Code: 92201 Area: 311 - Indio Central Country: US

Status Change Info

Status Change Date: 2026-03-05

Parking SpacesInformation

Total Carport Spaces: 9 Total Parking Spaces: 9

Property Features

Sale Type: Standard Listing Terms: 1031 Exchange; Cash; Conventional; FHA Disclosures: None Community Features: Sidewalks Levels: Ground; One Flooring: Tile Cooling Type: Central Air Heating: Central Rooms: Living Room Laundry: Community Security Safety: None Window Treatments: Blinds Sewer: In, Connected and Paid Parking: Covered Land Lease Type: Fee Simple
Listing Office: BPO Homes
Listing Agent: Angela Maciel-Gibbons
Last Updated: March - 05 - 2026
Information deemed reliable but not guaranteed.

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Hi, I'm Darlene Harwick and I provide real estate service to buyers and sellers in the Palm Springs area.

Darlene Harwick
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