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Closed
- Listed price
- $8,500,000
- Listed Nov 7, 2018
- Sold price
- $8,000,000
- Sold Feb 26, 2019
193,406.4 sqft lot|2006 Built|93 MLS days on market
46900 Monroe St, Indio, CA 92201
Property Description
Coldwell Banker Commercial George Realty is pleased to offer Desert Courtyards in Indio, California For Sale. Desert Courtyards consists of Five (5) Retail/Commercial Free-Standing Buildings totaling approximately +/- 41,148 sf of net rentable area shopping center. 4.44 Acres or +/- 193.406 SF of land area. Eight (8) separate parcels. Ample parking with +/- 183 parking spaces. Anchored by Kaiser Permanente and County of Riverside with Long Term Lease. At 94% current occupancy, 2,500 SF at the property is available for lease, providing an immediate opportunity to add value and increase NOI. Signalized corner location on the NEC of Monroe St. and Dr. Carreon Blvd. Indio is a city in Riverside County and is located in the Coachella Valley of Southern California's Colorado Desert region. Indio was once referred to as "the Hub of the Valley" prior to being renamed as the "City of Festivals" because of cultural events held in the city. The concerts and festivals bring in hundreds of thousands of visitors every year. Indio is only 23 miles east of Palm Springs, 77 miles east of Riverside, and 127 miles east of Los Angeles. The city's ideal location and beautiful weather makes it a desirable residence for retirees and families alike. Indio has many past times and attractions including 130 golf courses, five casinos and many local events.
Listing agent: Kevin LeeDRE #01720786Kevin.lee@coldwellbanker.com, Listing office: Coldwell Banker George Realty
MLS data updated 10/30/2026, 8:41:27 PM PT
Source: CRMLSMLS #: TR18268935
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$8,000,000
Feb 26, 2019
Available records22018–2019
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
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
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.