---
listing_id: CRCV26165757
status: Active
price: 8400000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 106286
lot_acres: 
year_built: 1982
property_type: Residential Income
property_subtype: Residential Income
address: "46595 Vargas Rd"
city: Indio
state: CA
zip: 92201
county: "Riverside County"
lat: 33.7103269
lng: -116.2114501
days_on_market: 1
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Eric Chen"
list_office: "CB RICHARD ELLIS"
list_agent_phone: "(909) 418-2071"
list_agent_license: –
mls_source: CRMLS
modified: 2026-07-30
transaction_type: buy
---

Home | Riverside County | Indio | 92201 | 46595 Vargas Rd

46595 Vargas Rd, Indio, CA 92201

MLS: CRCV26165757 | Status: | Price: $8,400,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
106,286 1982

Remarks

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

MLS Listing Information

Field Value
MLS # CRCV26165757
MLS Source California Regional MLS
Days on Site 1

Features

Interior Features

Feature Details
Cooling Central Forced Air
Heating Central Forced Air

Parking, School, and Other Information

Feature Details
Garage/Parking Garage: 0 Car(s)

Contact Information

Eric Chen
CB RICHARD ELLIS
License #: –
Phone: (909) 418-2071

Property Units

# Buildings # Leased Units # Total Units
12 51

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Theodore Roosevelt Elementary School public K-5 0.16 mi 3
Thomas Jefferson Middle School public 6-8 0.36 mi 1
Martin Van Buren Elementary School public K-5 0.85 mi 8
Desert Sands A.T.L.A.S. public 12 1.02 mi N/A
Amistad High (Continuation) School public 9-12 1.05 mi 1
Dr. Reynaldo J. Carreon Jr. Academy public K-5 1.29 mi 6
Indio High School public 9-12 1.58 mi 4
Herbert Hoover Elementary School public K-5 1.65 mi 3
Andrew Jackson Elementary School public K-5 1.67 mi 3
John F. Kennedy Elementary School public K-5 1.91 mi 1
Lyndon B. Johnson Elementary School public K-5 2.02 mi 4
Cesar Chavez Elementary School public K-6 2.09 mi 5
Indio Middle School public 6-8 2.30 mi 1
James Madison Elementary School public K-5 2.46 mi 3
Coral Mountain Academy public K-6 2.48 mi 5
Mountain Vista Elementary School public K-6 2.54 mi 4
Richard R. Oliphant Elementary public K-5 2.65 mi 6
Carrillo Ranch Elementary School public K-5 2.78 mi 6
Cahuilla Desert Academy Junior High public 7-8 2.89 mi 3
Palm View Elementary School public K-6 3.04 mi 5

Disclosures

©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

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This listing information is up-to-date as of July 30, 2026. For the most current information, please contact Eric Chen, (909) 418-2071.