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82451 John Nobles Indio, CA $ 5,695,000
82451 John Nobles
$ 5,695,000
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82451 John Nobles

Indio, CA, 92201
$ 5,695,000
Baths2.0 Sq 25,200

Monthly Estimate*

$ 35,065

Listed by LE INVESTMENT GROUP
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Studio

Multi-Family Home for sale in Indio, CA

for $5,695,000 with 2 full baths. This 25,200 square foot home was built in 1972 on a lot size of 1.28.

TRUE +7% CAP - John Nobles Townhomes - Multi-Family - Current CAP Rate of 7.13%, ProForma CAP Rate of 7.74%. All units have been fully renovated & re-tenanted at market-rate rents across the property. / All Two-Story Townhouse Style Units - Unparalleled unit mix of (16) 3 Bed 1.5 Bath townhomes & (8) 4 Bed 2 Bath townhomes. / Over $1,000,000 in recent capital improvements, including all new roofing, HVAC unit replacements, full interior and exterior renovations. The John Nobles Apartments, a freshly renovated 24-unit apartment complex located in sunny Indio, CA. Built in 1980, the apartments are located on a 1.280 acre lot. The two buildings are composed of Sixteen (16) Three-Bedroom units & Eight (8) Four-Bedroom units, all featuring a spacious & comfortable 2-story townhome design. Amenities include onsite parking, essential appliances in each unit & private vinyl-fenced backyards.

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Multi-Family Active

Price

$ 5,695,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

1.28

Year Built

1972

Town/City

Indio

County/Region

Riverside

MLS | Web ID

IV26016411

Days on Market

4

Features
General
Sewer Public Sewer
Heating None
Garage Spaces 0
Pool Features None
Year Built 1972
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 637400
Community Features Sidewalks
County Riverside
Net Operating Income 405958
Operating Expense 199871
Insurance Expense 21181
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions From I-10 take Monroe St south turn left on Avenue 82 then turn right on John Nobles Ave to the property on the right.
City Indio
Entry Location 1
Senior Community Y/N false
Number Of Units Total 24
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 55757
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 720
Fuel Expense 0
Trash Expense 11520
Water Sewer Expense 5300
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 1
Property Sub Type Additional Apartment
Taxes 69117
Cap Rate 7.13
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Heating Y/N false
Laundry Features Washer Hookup
Entry Level 1
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Exterior
Lot Features 21-25 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 55757
Number of Buildings 4
Building Area Total 25200
Lot Size Acres 1.28
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 24
Number of Separate Gas Meters 24
Number of Separate Electric Meters 24
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* Excluded Features
List By
Le Investment Group

Broker

darren.correa@leinvestmentgroup.com

Email

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$35,065
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$35,065
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/23/2026$5,695,000 Listed Price

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82451 John Nobles, Indio, CA, 92201 is a Multi-Family Home for sale at $5,695,000 with 25,200 sqft and a lot size of 1.28. 82451 John Nobles is a studio with 2.0 baths and was built in 1972. The property's zip code is 92201 which is in Indio, CA