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82320 Kenner, Indio, California 92201, Indio, 92201 - 5 bed, 2 bath

82320 Kenner, Indio, California 92201 home-pic-0
ACTIVE$493,000
82320 Kenner, Indio, California 92201
5Beds
2Baths
1,239Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($175,617.255) is $317,382.745 (64%) lower than the list price ($493,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating Asset: The property is fully furnished and currently operating as a short-term rental, offering immediate income potential for investors or those seeking a ready-to-use vacation home.
Top Cons:
Significant Price Discrepancy: The current listing price is substantially higher than the property's estimated value, suggesting potential overpricing or a significant disconnect with market comparables.

Compared to the nearby listings

Price:$493.0K vs avg $551.5K ($-58,450)34%
Size:1,239 sqft vs avg 1,890 sqft8%
Price/sqft:$398 vs avg $29990%

More Insights

Built in 1960 (65 years old).
Condition: Despite being built in 1960, the property has undergone an extensive and recent renovation, as evidenced by the modern finishes throughout, including a gourmet kitchen with stainless steel appliances, white shaker cabinets, and subway tile backsplash. Both bathrooms feature modern vanities, fixtures, and tiling. The flooring appears to be new LVP or tile, and recessed lighting is present. The overall aesthetic is contemporary and move-in ready, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Year Built
1960
Close
-
List price
$493K
Original List price
$549K
Price/Sqft
$398
HOA
-
Days on market
-
Sold On
-
MLS number
OC25057933
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

$50,000 price reduction for fire sale! Get your offer in quick!! Welcome to this exquisite 5-bedroom, 2-bathroom home located in the heart of Indio, California! This spacious and beautifully appointed property offers the perfect blend of luxury, comfort, and style. Being sold FULLY FURNISHED turn key, up and running short term rental. Upon entering, you are greeted by an open-concept living area that features abundant natural light and modern finishes throughout. The gourmet kitchen is a chef’s dream, complete with stainless steel appliances and ample cabinet space. The master suite is a true retreat and the additional bedrooms are equally spacious, each offering plenty of closet space and easy access to stylish bathrooms. This home comes fully furnished with tasteful, high-quality furniture, so you can move in and start enjoying right away. The large backyard is perfect for outdoor entertaining and tranquil pool and spa, making it an ideal space to unwind.

Condition Rating
Excellent
Despite being built in 1960, the property has undergone an extensive and recent renovation, as evidenced by the modern finishes throughout, including a gourmet kitchen with stainless steel appliances, white shaker cabinets, and subway tile backsplash. Both bathrooms feature modern vanities, fixtures, and tiling. The flooring appears to be new LVP or tile, and recessed lighting is present. The overall aesthetic is contemporary and move-in ready, aligning with the 'extensively renovated within 5 years' criteria for an excellent score.
Pros & Cons

Pros

Income-Generating Asset: The property is fully furnished and currently operating as a short-term rental, offering immediate income potential for investors or those seeking a ready-to-use vacation home.
Outdoor Amenities: Features a large backyard with a tranquil pool and spa, providing excellent opportunities for outdoor entertaining and relaxation.
Modern Interior & Gourmet Kitchen: The home boasts modern finishes throughout, an open-concept living area, and a gourmet kitchen complete with stainless steel appliances and ample cabinet space.
High Bedroom Count: With 5 bedrooms, the property offers a generous amount of sleeping space, appealing to larger families or maximizing short-term rental occupancy.
Turnkey Condition: Being sold fully furnished, the property is ready for immediate occupancy or continued rental operation, saving buyers time and additional furnishing costs.

Cons

Significant Price Discrepancy: The current listing price is substantially higher than the property's estimated value, suggesting potential overpricing or a significant disconnect with market comparables.
"Fire Sale" & Price History: The designation as a "fire sale" and a $56,000 price reduction from the original list price may signal distress, previous overpricing, or potential underlying issues to prospective buyers.
Compact Bedroom Sizes: With 5 bedrooms in only 1239 square feet, the individual bedroom sizes are likely to be quite small, which could be a drawback for buyers seeking more spacious living quarters.

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