48117 London Bridge Pl · Indio, CA 92201

$725,000

3 bd · 2.5 ba · 2,692 sqft · SingleFamily public records · 49 Days on market

Built 2012 8,712 sqft lot $269/sqft · at area comps Est $749k · at est. $170/mo HOA · 5% of rent ↓ 17% since listing

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +8.9/15.0
• Cash flow +3.3/30.0
• Rent growth +3.3/5.0
• Livability +2.7/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

New Price! Built by Lennar in 2012, this house offers the flexibilty of using the 4th bedroom as an office (as-is) or a bedroom by adding closet doors. Partially furnished, the Owner can either sell the furniture outside of escrow to the New Buyer or sell it to a third party. The open floor plan and the large corner lot make this house a great place to live. Come see for yourself!

Key facts

• 8,712 sq ft lot
• 2 garage spots
• Pool

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $725k.

Deal economics

• At list price, monthly cash flow is $-2k ($-27k/yr) — negative.
• To cash-flow at today's rent, offer at most $325k (55.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $334k (54.0% below list).
• Recommended offer: $325k (55.2% below list) — sets the bar for cash-flow.
• Cap rate 2.5% vs local median 4.3% in Indio — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 53/100 on livability (#927 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing B+; Watch: employment D, schools F, crime F.
• Coachella Valley Unified (rural): math 12% / reading 23% proficiency, ranked #481 of 517 in CA (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.3%/yr); 515 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
• At $3,336/mo this rent would consume 60% of the median local household income ($67k/yr) (locally 2036% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $5k of loan paydown is wiped out by about $22k of value loss. Plan a longer hold.
• Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($703k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $75k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $428k; list at $725k implies a 69% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $324,774 (55.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 55% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.46% ✗
• Cap rate: 2.54%
• Cash-on-cash: -13.39%
• DSCR: 0.40
• GRM: 18.1

CMA / ARV

• ARV (median comp): $749,076
• List price: $725,000
• Delta: -3.21%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
80076 Bridgeport Dr	0.06mi	4/3.5 (+1)	2,746 (+2%)	2mo	$705,000	$257	83
79967 Rancho La Quinta Dr	0.25mi	3/3.5	2,635 (-2%)	2mo	$1,675,000	$636	79
79989 Rancho La Quinta Dr	0.36mi	3/3.5	2,635 (-2%)	2mo	$1,650,000	$626	74
80136 Bridgeport Dr	0.11mi	3/2.5	2,346 (-13%)	0mo	$690,000	$294	73
48841 Andorra	0.41mi	4/2.5 (+1)	2,754 (+2%)	1mo	$520,000	$189	72
79865 Rancho La Quinta Dr	0.21mi	3/3.5	2,924 (+9%)	2mo	$1,829,000	$626	71
48350 Vista Calico	0.46mi	3/3.5	2,635 (-2%)	1mo	$1,450,000	$550	70
79840 Rancho La Quinta Dr	0.19mi	4/3.5 (+1)	2,924 (+9%)	3mo	$1,550,000	$530	65
48631 Via Carisma	0.36mi	4/2.5 (+1)	2,866 (+6%)	6mo	$625,000	$218	63
49430 Brian Ct	0.67mi	4/3.5 (+1)	2,628 (-2%)	2mo	$905,000	$344	54
79950 E Mission Dr E	0.53mi	4/3.5 (+1)	2,924 (+9%)	4mo	$1,825,000	$624	49
80435 PASEO DE TIEMPO	0.50mi	4/3.0 (+1)	2,391 (-11%)	3mo	$785,000	$328	48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.34% rent growth · sell at horizon

5-year hold

• IRR: -41.1%
• Equity multiple: -0.28×
• Total profit: $-260,650
• Equity at exit: $108,100

10-year hold

• IRR: -65.6%
• Equity multiple: -1.01×
• Total profit: $-408,112
• Equity at exit: $62,685

Cash invested: $203,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 92201

• Home prices YoY: -28.4%
• Rents YoY: 3.3%
• Active inventory: 515
• Price-to-rent: 18.1×

Monthly cashflow live

• Estimated rent: $3,336 medium
• Mortgage (P&I): −$3,802
• Tax from tax record: −$627 /mo · $7,521/yr
• Insurance: −$302
• HOA: −$170
• Vacancy / Maint / Mgmt: −$701
• Net cashflow: $-2,266

Break-even live

Break-even rent $6,204

Max offer price $324,774

Occupancy floor —

Sensitivity live

Price	-10% $-1,855	-5% $-2,060	+0% $-2,266	+5% $-2,471	+10% $-2,676
Rent	-10% $-2,529	-5% $-2,397	+0% $-2,266	+5% $-2,134	+10% $-2,002
Rate	-1.0pp $-1,900	-0.5pp $-2,081	base $-2,266	+0.5pp $-2,453	+1.0pp $-2,645

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $181,250
• Closing costs: $21,750
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
48219 Newport Bridge Pl Indio, CA	4.0	4.0	2764	$7,000	$2.53	45d	1	0.07mi
48219 Newport Bridge Pl Indio, CA	4.0	4.0	2764	$7,500	$2.71	6d	1	0.07mi
47870 Sumac St La Quinta, CA	3.0	2.0	1760	$4,175	$2.37	45d	1	0.17mi
79953 Rancho La Quinta Dr La Quinta, CA	4.0	4.5	3052	$25,000	$8.19	45d	1	0.20mi
47780 Sumac St La Quinta, CA	4.0	3.0	1920	$3,300	$1.72	45d	1	0.20mi
80215 Queensboro Dr Indio, CA	4.0	3.5	2514	$3,600	$1.43	45d	1	0.25mi
79760 Desert Willow St La Quinta, CA	3.0	2.5	2100	$4,995	$2.38	45d	1	0.36mi
79700 Desert Willow St La Quinta, CA	3.0	2.5	2100	$3,400	$1.62	4d	1	0.37mi
48474 Vista Palomino La Quinta, CA	4.0	4.0	3439	$14,000	$4.07	6d	1	0.44mi
48474 Vista Palomino La Quinta, CA	4.0	4.0	3350	$14,000	$4.18	45d	1	0.44mi
48245 Vista Calico La Quinta, CA	4.0	3.0	2800	$20,000	$7.14	0d	1	0.46mi
48275 Vista Calico La Quinta, CA	3.0	3.5	2635	$15,000	$5.69	45d	1	0.47mi
48841 Via Estacio Indio, CA	4.0	3.0	2370	$4,400	$1.86	25d	1	0.49mi
48385 Vista Calico La Quinta, CA	4.0	4.5	3288	$17,000	$5.17	45d	1	0.51mi
79918 Mission Dr E La Quinta, CA	3.0	3.0	2635	$18,000	$6.83	45d	1	0.57mi
79910 Mission Dr E La Quinta, CA	4.0	3.5	3349	$25,000	$7.46	19d	1	0.59mi
48295 Casita Dr La Quinta, CA	2.0	2.0	2151	$10,000	$4.65	45d	1	0.64mi
80591 Tangelo Ct Indio, CA	4.0	4.0	3371	$5,000	$1.48	45d	1	0.65mi
48010 Via Vallarta La Quinta, CA	3.0	3.0	2145	$3,800	$1.77	45d	1	0.69mi
49412 Escalante St Indio, CA	4.0	3.5	3468	$13,000	$3.75	45d	1	0.69mi
79690 Rancho San Pascual La Quinta, CA	4.0	4.5	3640	$9,000	$2.47	45d	1	0.73mi
79814 Joey Ct La Quinta, CA	3.0	2.5	2485	$4,225	$1.70	45d	1	0.81mi
49460 Rancho San Francisquito La Quinta, CA	4.0	4.5	3640	$6,000	$1.65	45d	1	0.83mi
49460 Rancho San Francisquito La Quinta, CA	4.0	4.5	3640	$6,000	$1.65	25d	1	0.83mi
79568 Mission Dr E La Quinta, CA	4.0	3.5	2635	$18,000	$6.83	45d	1	0.86mi
79930 Fiesta Dr La Quinta, CA	3.0	2.0	1828	$5,500	$3.01	45d	1	0.88mi
80445 Paria Way Indio, CA	4.0	3.5	3468	$9,000	$2.60	45d	1	0.89mi
80445 Paria Way Indio, CA	4.0	4.0	3468	$10,000	$2.88	6d	1	0.89mi
49880 Rancho San Felipe La Quinta, CA	4.0	3.5	3292	$15,000	$4.56	45d	1	0.94mi
49463 Via Conquistador La Quinta, CA	4.0	4.5	3348	$18,000	$5.38	45d	1	1.00mi
47470 Aloe Way La Quinta, CA	3.0–4.0	2.5–3.5	1793	$3,279	$1.83	0d	14	1.00mi
79005 Calle Brisa La Quinta, CA	4.0	3.5	2635	$5,000	$1.90	6d	1	1.07mi
78990 Calle Brisa La Quinta, CA	4.0	4.5	3556	$16,000	$4.50	45d	1	1.08mi
80886 Avenue 50 Indio, CA	4.0	3.0	2121	$10,000	$4.71	14d	1	1.10mi
46073 Roudel Ln La Quinta, CA	4.0	3.5	2792	$6,000	$2.15	45d	1	1.11mi
47540 Via Florence La Quinta, CA	3.0	2.5	2468	$6,500	$2.63	45d	1	1.11mi
78965 Via Trieste La Quinta, CA	3.0	2.0	2286	$10,000	$4.37	45d	1	1.12mi
79370 Mission Dr W La Quinta, CA	4.0	3.5	2924	$18,000	$6.16	45d	1	1.12mi
49519 Montana Way La Quinta, CA	3.0	3.5	3077	$25,000	$8.12	45d	1	1.14mi
49584 Montana Way La Quinta, CA	4.0	3.5	3077	$20,000	$6.50	45d	1	1.14mi

HOA detail

• Monthly dues: $170 · $2,040/yr

Listing history 14 events

1. 2026-06-08
   days on market $725,000 Active 49 DOM
2. 2026-06-07
   days on market $725,000 Active 48 DOM
3. 2026-06-04
   days on market $725,000 Active 45 DOM
4. 2026-06-03
   days on market $725,000 Active 44 DOM
5. 2026-06-02
   days on market $725,000 Active 43 DOM
6. 2026-06-01
   days on market $725,000 Active 42 DOM
7. 2026-05-31
   days on market $725,000 Active 41 DOM
8. 2026-05-13
   price $750,000 384-char remark

   Show marketing remark (384 chars)

   New Price! Built by Lennar in 2012, this house offers the flexibilty of using the 4th bedroom as an office (as-is) or a bedroom by adding closet doors. Partially furnished, the Owner can either sell the furniture outside of escrow to the New Buyer or sell it to a third party. The open floor plan and the large corner lot make this house a great place to live. Come see for yourself!

9. 2026-05-13
   status Active 384-char remark

   Show marketing remark (384 chars)

   New Price! Built by Lennar in 2012, this house offers the flexibilty of using the 4th bedroom as an office (as-is) or a bedroom by adding closet doors. Partially furnished, the Owner can either sell the furniture outside of escrow to the New Buyer or sell it to a third party. The open floor plan and the large corner lot make this house a great place to live. Come see for yourself!

10. 2026-04-06
    price $775,000 384-char remark

    Show marketing remark (384 chars)

    New Price! Built by Lennar in 2012, this house offers the flexibilty of using the 4th bedroom as an office (as-is) or a bedroom by adding closet doors. Partially furnished, the Owner can either sell the furniture outside of escrow to the New Buyer or sell it to a third party. The open floor plan and the large corner lot make this house a great place to live. Come see for yourself!

11. 2026-03-25
    listed $799,900 Active 384-char remark

    Show marketing remark (384 chars)

    New Price! Built by Lennar in 2012, this house offers the flexibilty of using the 4th bedroom as an office (as-is) or a bedroom by adding closet doors. Partially furnished, the Owner can either sell the furniture outside of escrow to the New Buyer or sell it to a third party. The open floor plan and the large corner lot make this house a great place to live. Come see for yourself!

12. 2026-03-24
    historical $799,900 384-char remark

    Show marketing remark (384 chars)

    New Price! Built by Lennar in 2012, this house offers the flexibilty of using the 4th bedroom as an office (as-is) or a bedroom by adding closet doors. Partially furnished, the Owner can either sell the furniture outside of escrow to the New Buyer or sell it to a third party. The open floor plan and the large corner lot make this house a great place to live. Come see for yourself!

13. 2012-07-13
    soldstatus $428,500
14. 2009-06-30
    soldstatus $900,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $7,521 · $627/mo
• Projected year-2 tax: $7,521 · $627/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥114°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,029
• − Mortgage interest: −$40,611
• − Property taxes: −$7,521
• − Insurance: −$3,625
• − Repairs & maintenance: −$3,202
• − Management: −$3,202
• − HOA: −$2,040
• − Depreciation: −$21,091
• Taxable loss: −$41,264
• Est. tax savings @ 24.0%: +$9,903
• After-tax cash flow: $-17,284/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Coachella Valley Unified
• NCES district ID: 0609070
• Math proficiency: 12% ▼ -8.00%
• Reading proficiency: 23% ▼ -6.00%
• Median HH income: $37,683
• Composite: 14.62/100
• National rank: #9408
• State rank: #481 of 517 in CA

Livability — Indio

• Score: 53/100
• State rank: #927
• US rank: #24244

Category grades

Amenities F Commute F Cost of living F Crime F Employment D Housing B+ Health & safety F User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Indio, CA
• County: Riverside County · 2,287,001 people
• City population: 100,560
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 65,825
• Household income: $66,758
• Rent vs Own: 42.3% rent · 57.7% own
• Severe rent burden: 2036.0

Population outlook (Riverside County) Hauer SSP2

• Today (2025): 2,664,475 people
• By 2030: 2,802,692 · +5.2%
• By 2040: 3,050,904 · +14.5%
• By 2050: 3,256,783 · +22.2%
• By 2075: 3,655,058 · +37.2%
• By 2100: 3,766,594 · +41.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (74%)
• Race & ethnicity: Hispanic / Latino 74% Two or more races 39% White 19% Black 3% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 69%
• Common ancestry: Romanian 1% Iranian 1%
• Foreign-born: 29% · Canada, Vietnam, Jamaica
• Languages at home: 41% English-only · Spanish 55% Arabic 1% Tagalog/Filipino 1%

Political lean MEDSL · Riverside

• 2024 margin: Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
• 2008→2024 swing: -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
• All cycles: 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -138.46%
• Current HPI: 348.6605
• Rent YoY: ▲ 3.34%
• Metro: Riverside-San Bernardino-Ontario, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-16.7% since first listed

7 events — show timeline

• 2026-05-13 Price Changed $750,000 GPSMLS
• 2026-05-13 Relisted — GPSMLS
• 2026-04-06 Price Changed $775,000 GPSMLS
• 2026-03-25 Listed $799,900 GPSMLS
• 2026-03-24 Coming Soon $799,900 GPSMLS
• 2012-07-13 Sold (Public Records) $428,500 Public Records
• 2009-06-30 Sold (Public Records) $900,000 Public Records

Property tax history

+7.3%/yr

Latest (2025): $7,521 · +2.9% YoY. Source: county tax records.