84030 Manhattan Avenue, Coachella, California 92236, Coachella, 92236 - 5 bed, 3 bath

84030 Manhattan Avenue, Coachella, California 92236 home-pic-0
ACTIVE$755,000
84030 Manhattan Avenue, Coachella, California 92236
5Beds
3Baths
2,502Sqft
6,098Lot
Year Built
2014
Close
-
List price
$755K
Original List price
$769K
Price/Sqft
$302
HOA
-
Days on market
-
Sold On
-
MLS number
219136249DA
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,5 Pros. Rank: price - $755.0K(96th), sqft - 2502(86th), beds - 5(76th), baths - 3(59th).

Welcome to your next desert retreat, located right in the heart of the City of Coachella! This spacious two-story home offers the perfect blend of comfort, functionality, and investment potential. Featuring 5 bedrooms and 3 full baths, there's plenty of space for everyone. On the first floor, you'll find a conveniently located bedroom and bathroom ideal for guests, extended family, or even a private home office. The home opens up into a bright and airy formal living area, leading into an open-concept floor plan that makes entertaining easy. With luxury vinyl flooring flowing throughout the entire home, you'll enjoy both style and durability for years to come.With approximately 2,502 square feet of living space, this property has been thoughtfully designed with family living in mind. Upstairs, the remaining bedrooms provide plenty of room to spread out, while the common areas downstairs create a natural gathering space. Whether it's cozy nights with loved ones or hosting larger celebrations, this home can handle it all.Step outside into your own private backyard oasis--this is where the fun really begins. The sparkling pool sets the stage for endless days of relaxation and entertainment. Fire up the BBQ, set out some lounge chairs, and create unforgettable memories with family and friends. The backyard is also perfectly suited for hosting gatherings during the world-famous Coachella and Stagecoach music festivals, drawing visitors from around the globe who are always searching for the perfect place to stay.And here's the best part: not only is this home ideal for your family, but it also makes a smart business move. Just a 6-minute drive to the Polo Grounds, and close to schools and parks, the location couldn't be better. Based on short-term rental data for the City of Coachella, this property could generate up to $65,000 annually after operating expenses at a 65% vacancy rate. This estimate already factors in the 13% Transient Occupancy Tax (TOT) on gross rents that the city requires. With demand for short-term rentals skyrocketing during festival season, this home doubles as both a personal retreat and an income-producing property.Whether you're looking for the perfect family home, a vacation getaway, or a smart investment opportunity, this property checks every box. Spacious, stylish, and ready for your next chapter, this is the one you've been waiting for!

Nearby schools

5/10
Coral Mountain Academy
Public,K-60.1mi
3/10
Cahuilla Desert Academy Junior High
Public,7-81.5mi
3/10
Coachella Valley High School
Public,9-122.4mi

Price History

Date
Event
Price
12/10/25
Price Change
$755,000-1.8%
10/03/25
Listing
$769,000
Condition Rating
Good

Built in 2014, this property is relatively new and in excellent overall condition, featuring modern luxury vinyl flooring throughout and a well-maintained exterior with a private pool. The kitchen, while clean and functional, has white appliances and laminate-style countertops which, while perfectly serviceable, are not the most current high-end finishes typically found in 'excellent' rated properties. Bathrooms are also clean and functional with modern vanities but standard fixtures. The home is move-in ready with no immediate renovations required, and all major systems are within their expected lifespan, aligning perfectly with a 'good' condition rating.
Pros & Cons

Pros

Exceptional Income Potential: The property boasts significant short-term rental income potential, estimated at up to $65,000 annually after expenses, largely driven by its prime location near the Polo Grounds and world-famous music festivals.
Private Backyard Oasis with Pool: A sparkling private pool and backyard oasis provide a highly desirable amenity for relaxation and entertainment, particularly appealing in the desert climate and for short-term renters.
Spacious & Versatile Floor Plan: With 5 bedrooms, 3 full baths, and 2,502 sqft of living space, including a convenient downstairs bedroom and an open-concept layout, the home offers ample room and flexibility for families, guests, or multiple rental groups.
Modern Construction & Durable Finishes: Built in 2014, the home features modern design elements and luxury vinyl flooring throughout, ensuring contemporary style, durability, and ease of maintenance.
Strategic Location: The property's location is highly advantageous, being a 6-minute drive to the Polo Grounds, and close to schools and parks, enhancing its appeal for both permanent residents and short-term visitors.

Cons

Recent Price Adjustment: The property has undergone a recent price reduction from $769,000 to $755,000, which may suggest initial overpricing or a need to stimulate buyer interest in the current market.
Significant Transient Occupancy Tax (TOT): While factored into income estimates, the 13% Transient Occupancy Tax (TOT) on gross rents represents a substantial ongoing operational expense for short-term rental investors, impacting net profitability.
Seasonal Income Dependency: The high short-term rental income projections are heavily reliant on demand during specific festival seasons, potentially leading to significant income fluctuations and lower occupancy rates outside these peak periods.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state