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Closed
- Listed price
- $300,000
- Listed Feb 12, 2015
- Sold price
- $265,000
- Sold Mar 12, 2015
14,810 sqft lot|1970 Built|2 MLS days on market
44522 Arabia St, Indio, CA 92201
Property Description
Beautiful courtyard cottage style apartments in a park like setting. Fruit trees that provide shade throughout the complex. Most of the units are free standing houses that give tenants additional privacy. There has been a continuous waiting list to get into this fine apartment. All but two rental agreements are way below market rents. All the units are 1 bedroom, 1 bath. This complex includes a freestanding laundry and storage room. This property really performs. How about a 6.90 GRM, a 9.44% Cap Rate, and a 20.33% Cash on Cash ON ACTUALS! When brought up to market rents, this great investment performs at a stunning 5.95 GRM, an 11.63% Cap Rate, and 29.07% Cash on Cash!!! Please see supplements for rent roll, income/expenses/returns, and aerial/site plan. Great location. Just one block off of Indio Blvd, the main thoroughfare for all the shopping a tenant needs. Close to bus stops and schools. Located on a low traffic quiet residential street in a peaceful neighborhood.
Listing agent: Tony BurtonDRE #01014173burtonccim@yahoo.com, Listing office: Burton Commercial, Inc.
MLS data updated 10/23/2026, 8:09:01 AM PT
Source: CRMLSMLS #: SW15030814
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$265,000
Mar 12, 2015
Available records22015
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92201 · Oct 2026
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No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92201 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.