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Sold on 07/22/2021
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44769 King St, Indio, CA 92201

$357,400

Last sold 07/22/2021 for $319K

  • —

    bed

  • —

    bath

  • 1,820

    Sqft ($175/Sqft)

Multi-family not for sale

About 44769 King St

Property type Multi-family
Year built 1967
HOA fee $0/month
Lot size 7,405 Sqft
Movoto estimate
Rental estimate
Property description
Great investment opportunity with two residential income units on one lot. Perfect for an investor or an owner/occupant who wishes to benefit from the additional income potential. Front unit has 2 bedrooms and 1 bath and is rented for $1,000 per month. Unit at the rear of the property is 1 bedroom and 1 bath and is rented for $750 per month. Both rents are under market with opportunity for increased revenue. Exterior remodel completed in 2020 with new hardscaping, concrete and block wall entrances. Each unit has a separate and gated front entrance as well as separate and gated private parking. Property is very well maintained and has two units with two separate addresses. Each unit is individually metered. Front unit has accessible ramp. Back unit address is: 44771 King Street.
Listed by
Listing Agent - Heather Woodland
Listing Office - Compass
Source: CRMLS mls logo
MLS#NP21079496 • last updated 5 years ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Levels/Style One
SubType Duplex
Status Closed
Lot Size (Acres) 0.17
Lot Size (SqFt) 7405
Year Built 1967
Interior
Appliances Dishwasher, Disposal
Interior Features Open Floorplan, Tile Counters
Exterior
Building Area Square Feet, 1820
# Carport Spaces 4
# Parking Spaces 4
Lot Description 2-5 Units/Acre
Amenities / Utilities
Fireplaces Living Room
Sewer/ Septic Public Sewer
Water Source Public
Electric Electricity - On Property
Pool None
Location
County Riverside
Community Features Curbs, Gutters
Zoning RO
Directions King St Between Indio Blvd. & Miles Ave
APN 611141003
Multifamily Details
Expense: Trash 430
Operating Expense 2740
Expense: Insurance 800
Total Expenses 2740
Expense: Maintenance 500
Gross Operating Income 21000
Gross Scheduled Income 21000
Expense: Gardener 1440
$357K
Range: $310K-$403K
Last 30 days 
Rental est.: $1,858/month
Gross rent multiplier: 14.3
  • Jul 2021
    mls logo MLS # NP21079496
  • Jul 22, 2021 Sold
    $319,000
  • May 26, 2021 Active
    —
  • May 24, 2021 Listed
    —
  • May 4, 2021 Active
    —
  • Apr 28, 2021 Listed
    $319,000 (+41.8%)
  • Dec 2018
    mls logo MLS # 218032636
  • Dec 19, 2018 Sold
    $225,000
  • Dec 14, 2018 Pending
    —
  • Nov 25, 2018 Contingent
    —
  • Nov 16, 2018 Listed
    $225,000
  • Dec 2018
    mls logo MLS # 218032636DA
  • Dec 19, 2018 Sold
    $225,000
  • Dec 14, 2018 Pending
    —
  • Nov 25, 2018 Active
    —
  • Nov 16, 2018 Listed
    $225,000 (+12.6%)
  • May 2018
    mls logo MLS # SR18053177
  • May 9, 2018 Cancelled
    —
  • Apr 20, 2018 Listed
    —
  • Apr 13, 2018 Active
    —
  • Mar 7, 2018 Listed
    $199,900 (+42.8%)
  • Nov 2014
    mls logo MLS # 21210516DA
  • Nov 24, 2014 Canceled
    —
  • Dec 2013
    mls logo MLS # 213005600
  • Dec 31, 2013 Sold
    $140,000
  • Nov 21, 2013 Listed
    $150,000
  • Dec 2013
    mls logo MLS # 213005600DA
  • Dec 23, 2013 Sold
    $140,000 (-6.7%)
  • Nov 21, 2013 Listed
    $150,000 (-45.5%)
  • Aug 2005
    mls logo MLS # 21210516
  • Aug 4, 2005 Cancelled
    —
  • Apr 28, 2005 Listed
    $275,000
  • Year Property taxes Tax assessment
  • 2024
    $5,375 +1.1%
    $338,523 +4.04%
  • 2023
    $5,316 +5.0%
    $325,380 +2.0%
  • 2022
    $5,062 +31.7%
    $319,000 +37.57%
  • 2021
    $3,843 -3.8%
    $231,877
  • 2020
    $3,996 +35.9%
    $231,877 +3.06%
  • 2018
    $2,940 +1.4%
    $225,000 +49.18%
  • 2017
    $2,900 +0.7%
    $150,826 +4.04%
  • 2016
    $2,879 +5.0%
    $144,971
  • 2015
    $2,742
    —
  • 44769 King St
    $319K
  • —
  • 92201
    $475K -15% y/y
  • Indio
    $520K -6% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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