Views - New Construction - Golf Course - Eco Friendly
Listing Provided Courtesy Of:
James Brennan with Brenson Realty, Inc. - 858-442-9571
Address
49270 Cochran Dr Indio, CA
Price
$ 18,990,000
Property Attributes
  • MLS#SW22131511
  • TypeIncome
  • CountyRIVERSIDE
  • CityIndio
  • AreaIndio South of East Valley
  • NeighborhoodIndian Palms
  • Zip92201
  • Style
  • Price$ 18,990,000
  • Bedrooms107
  • Full Bathrooms64
  • Half Bathrooms0
  • Sqr Footage56800
  • Lot Size4.8 Acres
Listing Provided Courtesy Of:
James Brennan with Brenson Realty, Inc. - 858-442-9571
Data Source:
California Regional MLS (CRMLS)
Property Description

Welcome to Aspire a 32 unit condo project located in the beautiful, gated community of Indian Palms Country Club. Aspire is a community of 1 Duplex and 10 triplexes, all single-story. There are three floorplans ranging from 1,665 sf 3 beds/2baths to 1,882 sf 3 or 4 beds, 2 baths. Amenities exclusively for Aspire include a pool, spa, shade structures, 1/4 mile walking path, desert garden, private backyards, covered patios and much more. Interiors feature 9 foot ceilings, vinyl plank flooring, real wood cabinets, quartz counters, LED lighting, paid solar and stainless steel appliances. Amazing opportunity to own 32 long-term, seasonal or short term rentals. Located less than 1 mile from Empire Polo Club, Coachella and Stage Coach where all the music festivals are held. Tenants could walk or bike to the festivals in a few minutes. First phase construction of 17 homes will be completed in Sept 2022. Second phase construction of 15 homes will be completed late 2022 or early 2023. Call for your showing!

Price History
6/17/2022 Listed $18,990,000

General Features

Additional Parcels Description 614351022, 614351052
Association Amenities Clubhouse, Fitness Center, Outdoor Cooking Area, Pool, Spa/Hot Tub, Tennis Court(s)
Community Features Biking, Golf, Pool
Cooling Central Air
Energy Efficient Appliances, HVAC, Insulation, Thermostat, Water Heater
Garage Spaces 2
Garage Y/N Yes
Green Energy Generation Solar
Green Water Conservation Water-Smart Landscaping
Heating Central
Interior Features All Bedrooms Down
Listing Agent James Brennan - BRE#01800344
Listing Agent State License 01800344
Lot Size Square Feet 209088
MLS Area 314 - Indio South of East Valley
Pool Features Community, Association
Property Attached Y/N Yes
Property Type Residential Income
Roof Concrete
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Subdivision Name Indian Palms (31432)
Terms Cash to New Loan
Total Actual Rent 1365000
Total Units 32
Utilities Cable Available
View Mountain(s)
Virtual Tour https://youtu.be/NOjg-khR4zM
Water Sewer Expense 6000

Interior Features

Air Conditioning Y/N Yes
Common Walls 2+ Common Walls
Fireplace Features None
Flooring Carpet, Vinyl
Heating Y/N Yes
Laundry Features Laundry Room

Exterior Features

Lot Features 6-10 Units/Acre
Lot Size Acres 4.8
Lot Size Area 4.8
Lot Size Source Assessor
Lot Size Units Acres
Number of Buildings 11
Number of Separate Electric Meters 32
Number of Separate Gas Meters 32
Number of Separate Water Meters 32
Parking Features Garage
Total Parking 2
View Y/N Yes
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 92201

Price
AVG $3.95M
$18.99M
Visits
AVG 62
14
Year Built
AVG 1960
2022

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