46595 Vargas Road
Description
- Listed by: Eric Chen DRE #C32772 Brokerage DRE #00409987 • CB RICHARD ELLIS 626-757-5717
Location
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$42,696 per month
30 year fixed, 6.55% Interest
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1Property Information for 46595 Vargas Road
- MLS Type: Residential Income / Res Income 2-4 Units
- County: Riverside County
- Parking Spaces Total: 68
- Private Pool: No
- Cooling Type: Central Air
- Total Units: 51.0
- Building Type: Attached
- Lot Size Source: Assessor
- Living Area: 29376
- Assessor Parcel Number: 612-064-001
- Property Attached YN: true
- Common Walls: 2+ Common Walls
- New Construction: No
- Average Studio Area Units: Square Feet
- Average 1 Bed Area Units: Square Feet
- Average 2 Bed Area Units: Square Feet
- Average 3 Bed Area Units: Square Feet
- Building Area Total: 29376
- Building Area Units: Square Feet
- Stories Total: 1
- Entry Level: 1
- Pool: No
- Spa: No
- Zoning: Assessor
- Senior Community: No
- Parcel Number: 612064001
- Area: Indio Central (311)
- Directions: Merge onto I-10 E, Take exit 144 for Golf Ctr Pkwy, Turn right onto Golf Center Pkwy, Turn left onto CA-111 S, Turn right onto Calhoun St, Turn right onto Vecino Way, Turn right onto Vargas Rd
- Building/Complex: 46595 Vargas Rd
- Stories: 1
- Year Built: 1982
- Gross Income: $919,860
- Gross Scheduled Income: $919,860
- Vacancy Allowance: 45993
- Gross Operating Income: $873,867
- Net Operating Income: $555,045
- Laundry Income: $18,000
- Gross Multiplier: 9.13
- Cap Rate: 6.61
- Operating Expense: $318,822
- New Taxes Expense: $134,918
- Gardener Expense: $10,800
- Fuel Expense: $1,002
- Pest Control Expense: $1,356
- Electric Expense: $3,318
- Insurance Expense: $15,000
- Professional Management Expense: $63,477
- Other Expense: $10,200
- Other Expense Description: Reserves
- Trash Expense: $14,971
- Water Sewer Expense: $11,575
- Supplies Expense: $13,955
- Total Expenses: $318,822
- Tax Tract Number: 14976
- Tax Census Tract: 049502
- CFD/Mello-Roos Fee: $583
- Tax Lot: 1
- Community Features: Curbs, Sidewalks
- Laundry: Yes
- Laundry Features: Common Area
- Cooling: Central Air
- Heating Type: Central
- Heating: Central
- Entry Location: 1
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Spa Features: None
- Spa Heat: N/K
- Additional Parcels Description: through 612-064-052
- Lot Features: Lot Over 40000 Sqft
- Number Of Units: 51
- Land Lease: No
- Land Lease Type: Fee
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Uncovered Spaces: 68
- Open Other Spaces Total: 68
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 51
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,474
- Unit Type Total Rent: $901,860
- Unit Type Pro Forma: 1800
- Unit Type Type: 1
- Number Of Units Leased: 51
- Rent Controlled: No
- Number Of Buildings: 12
- Number Of Separate Electric Meters: 51
- Number Of Separate Gas Meters: 51
- Number Of Separate Water Meters: 1
Property History for 46595 Vargas Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jul 29, 2026 | Listed (Active) CLAW #CV26165757MR | $8,400,000 | — |
| Jul 29, 2026 | Listed (Active) SDMLS #CV26165757 | $8,400,000 | — |
| Jul 29, 2026 | Listed (Active) CRMLS #CV26165757 | $8,400,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 07/29/2026 | Listed (Active) CLAW #CV26165757MR | $8,400,000 |
| 07/29/2026 | Listed (Active) SDMLS #CV26165757 | $8,400,000 |
| 07/29/2026 | Listed (Active) CRMLS #CV26165757 | $8,400,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 46595 Vargas Road
Schools near 46595 Vargas Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 12 |
Rating | School | Distance |
|---|---|---|
Theodore Roosevelt Elementary School PublicK to 5 | ||
Thomas Jefferson Middle School Public6 to 8 | ||
Indio High School Public9 to 12 | ||
Desert Sands A.T.L.A.S. Public12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of CB RICHARD ELLIS, Eric Chen, DRE #C32772
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.