Indio Homes with Apartment Subtype

Welcome to Indio, California – a vibrant city nestled in the heart of Riverside County, renowned for its stunning desert landscapes and rich cultural heritage. Known as the "City of Festivals," Indio hosts a variety of events throughout the year, including the famous Coachella Valley Music and Arts Festival and the Indio International Tamale Festival, showcasing the city’s lively spirit and diverse community.

Indio is a place where the sun shines bright and the lifestyle is as warm as the climate. With its breathtaking mountain views, lush golf courses, and nearby natural attractions like the Coachella Valley Preserve, residents enjoy an abundance of outdoor activities year-round. The city boasts a rich history, with elements of Native American culture and a thriving arts scene that make it a unique place to call home.

For those seeking a blend of comfort and convenience, Indio offers a variety of homes, including properties with apartment subtypes. These homes are perfect for families or investors looking for rental opportunities. Many of these residences feature spacious layouts, modern amenities, and beautiful outdoor spaces, providing the ideal backdrop for relaxation and entertainment.

Living in Indio means being part of a community that values both tradition and innovation. With its friendly neighborhoods, excellent schools, and proximity to major urban centers like Palm Springs, Indio is an ideal location for anyone looking to embrace a laid-back lifestyle without sacrificing access to modern conveniences. Explore the possibilities of homeownership in this enchanting city – where your dream home awaits!

Newest Indio Homes with Apartment Subtype

$8,400,000

CV26165757 MLS ⋅ Active Status

We are pleased to exclusively present a distinguished multifamily investment opportunity at Casa Serena Apartments, 46595 Vargas Road in Indio, CA, offering a strong in-place income stream in the heart of the Coachella Valley. This well-maintained 51-unit garden-style community provides residents with direct access to the I-10 Freeway and Highway 111 retail corridor, and proximity to the world-famous Empire Polo Grounds and Coachella Valley Music & Arts Festival. Situated on a ±106,286 SF lot, Casa Serena features ±29,376 SF of rentable space across 51 one-bedroom/one-bathroom floor plans averaging a generous 576 SF each. Select units have been brand new remodeled with dark cabinetry, granite-style countertops, luxury vinyl wood plank flooring, and new tub and shower surrounds. Open-concept island kitchens offer a breakfast bar, electric stove and range with hood, and ample cabinet storage. Each unit includes walk-in closets, double-pane windows, private individual patios, and central air and heating — all on one story with no neighbors above or below. Common areas feature an on-site laundry facility, lush mature landscaping, a beautifully maintained courtyard, and surface parking, with full-time on-site property management and maintenance staff. Indio’s economy is anchored by a dynamic mix of hospitality, gaming, government, healthcare, and retail. Top employers include Fantasy Springs Resort Casino, Spotlight 29 Casino, the City of Indio, Desert Regional Medical Center, and the College of the Desert — driving a stable, diverse employment base across the Coachella Valley. As the secondary seat of Riverside County government, Indio supports thousands of public sector jobs. Tourism adds powerful economic strength, with nearly 1.4 million annual visitors drawn to the Coachella Valley Music & Arts Festival, the Empire Polo Grounds, and the National Date Festival — sustaining a consistent and resilient tenant base year-round. Casa Serena Apartments is a stable income-producing asset in the Coachella Valley, promising a strong return on investment in one of Southern California’s most rapidly growing communities. Whether you are a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.

46595 Vargas Road, Indio

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