tomo logo

$1,150,000

Beds
3
Baths
3.0
sq ft
2,667

48680 Sojourn St, Indio, CA 92201

48680 Sojourn St

Indio, CA 92201

  • 3 days on market
Welcome to the prestigious Montage subdivision in Indio, CA, where an incredible investment opportunity awaits. This stunning vacation rental property, nestled in the heart of a thriving community. Its prime location just blocks away from the renowned Indio polo fields, hosting the famous Coachella and Stagecoach concerts, ensures a consistent stream of potential guests seeking unforgettable experiences. As you step inside this exquisite house, you'll be greeted by a spacious and thoughtfully designed interior spanning across 3 bedrooms and 3 bathrooms. Every room has been meticulously furnished to provide a comfortable and stylish environment, making it an ideal turnkey investment opportunity. Situated on a generous half-acre lot, the property boasts abundant space for outdoor recreation and relaxation. Imagine lounging by the poolside, basking in the warm California sun, or hosting memorable gatherings in the expansive backyard. The possibilities are endless for creating cherished memories in this picturesque setting. For those seeking an outstanding investment opportunity, this turnkey furnished property presents an irresistible proposition. With its prime location, luxurious features, and proven track record of substantial rental income, this house is poised to provide an exceptional return on investment.

Details

Property type

Single Family Residence

Est. home value

$1,398,855

Lot size

Unknown

Price per sq ft

$432

Year built

2004

Monthly HOA fee

$150

Price History

01/04/2025
DesertArea

DesertArea #219122133

Listed
$1,150,000
-4.17%
11/05/2024
DesertArea

DesertArea #219115540

Removed
$1,200,000
10/30/2024
DesertArea

DesertArea #219115540

Price change
$1,200,000
-4%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$340,162
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$717,838
Cash to seller
$340,162

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pfn Lending Group Inc

Loan start date

October 2023

Original loan amount

$726,200

Est. remaining balance

$717,838

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Gady Gabrielzadeh and Gpg Family Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/06/2025 at 6:50 PM

Listing updated: 01/05/2025 at 4:10 AM

Listed by: Anthony Bauer, Coldwell Banker Realty Phone #: (760) 776-9898

MLS: DesertArea #219122133

DesertArea logo

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