84057 Manila Avenue, Indio, California 92201, Indio, 92201 - 4 bed, 2 bath
ACTIVE$425,000
84057 Manila Avenue, Indio, California 92201
4Beds
2Baths
1,333Sqft
5,663Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Dual Income Potential: As a Residential Income property (Duplex) with two separate units, it offers significant potential for rental income or multi-generational living, explicitly marketed for 'home/investment'.
Top Cons:
Age of Original Structure: Built in 1947, the property's underlying structure is quite old. While 'newly remodeled,' this typically refers to cosmetic and visible updates, potentially leaving older, unaddressed issues with plumbing, electrical, or foundation.
Compared to the nearby listings
Price:$425.0K vs avg $507.6K ($-82,575)50%
Size:1,333 sqft vs avg 2,085.5 sqft50%
Price/sqft:$319 vs avg $26350%
More Insights
Built in 1947 (78 years old).
Condition: The property is described as 'newly remodeled,' and the images strongly support this claim. The kitchen features brand-new, modern gray shaker cabinets with gold hardware, new laminate countertops, a new stainless steel sink, and a new over-the-range microwave. Throughout the visible interior, there is new laminate wood-look flooring, fresh paint, new windows, new interior doors with updated hardware, and recessed lighting. HVAC vents are visible, indicating an updated cooling/heating system. While the original structure dates back to 1947, the extensive and recent renovation has brought the property's condition to a virtually new state, meeting current quality standards with minimal physical depreciation. The only minor point is the absence of a stove/oven and refrigerator in the kitchen, which are typically added by the tenant or buyer.
Year Built
1947
Close
-
List price
$425K
Original List price
$425K
Price/Sqft
$319
HOA
-
Days on market
-
Sold On
-
MLS number
IG25036962
Home ConditionExcellent
Features
Patio
ViewNeighborhood
About this home
Newly remodeled Single Family Residential w/ADU Both units are the same size, 2 bedroom 1 bath each unit with enough space and way to start your home/investment.
Condition Rating
Excellent
The property is described as 'newly remodeled,' and the images strongly support this claim. The kitchen features brand-new, modern gray shaker cabinets with gold hardware, new laminate countertops, a new stainless steel sink, and a new over-the-range microwave. Throughout the visible interior, there is new laminate wood-look flooring, fresh paint, new windows, new interior doors with updated hardware, and recessed lighting. HVAC vents are visible, indicating an updated cooling/heating system. While the original structure dates back to 1947, the extensive and recent renovation has brought the property's condition to a virtually new state, meeting current quality standards with minimal physical depreciation. The only minor point is the absence of a stove/oven and refrigerator in the kitchen, which are typically added by the tenant or buyer.
Pros & Cons
Pros
Dual Income Potential: As a Residential Income property (Duplex) with two separate units, it offers significant potential for rental income or multi-generational living, explicitly marketed for 'home/investment'.
Newly Remodeled: The property has been 'newly remodeled,' suggesting updated aesthetics and potentially key systems, which reduces immediate renovation costs for a new owner.
Identical Unit Layouts: Both units feature the same 2-bedroom, 1-bathroom configuration, simplifying property management and appealing to a consistent tenant demographic.
Versatile Occupancy: Ideal for an owner-occupant looking to live in one unit and rent out the other to offset mortgage costs, or for a pure investor seeking a turn-key rental property.
Accessible Price Point: At $425,000 for a newly remodeled duplex in California, it represents a relatively accessible entry into the investment property market.
Cons
Age of Original Structure: Built in 1947, the property's underlying structure is quite old. While 'newly remodeled,' this typically refers to cosmetic and visible updates, potentially leaving older, unaddressed issues with plumbing, electrical, or foundation.
Limited Unit Square Footage: With a total of 1333 sqft divided into two units, each unit is approximately 666.5 sqft, which is relatively small and may limit appeal to tenants or owner-occupants seeking more spacious living arrangements.
Unspecified Cooling System: Given Indio's extremely hot climate, the absence of explicit mention of a cooling system (e.g., central air conditioning) in the description is a significant concern for comfort and tenant attraction.