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47306 Madison Street, Indio, CA 92201
$4,200,000
Property Type:
Land
Lot Size (sq. ft.):
832,867
Status:
Closed
Current Price:
$4,200,000
List Date:
9/11/2024
Last Modified:
7/24/2025
Overview
Description
...
(Read more)
Click/Copy to review Public Notice & Rules for Confirmation and Overbid Hearing (Deadline to submit application: March 12, 2025): https://members.moodyscre.com/api/images/data/og/media/user_uploads/67b61113935f85485a1d5a99_473_rules_for_confirmation_and_overbid_hearing.pdf
Court Ordered Sale. Property Is Being Sold by Way of Receivership & Court Confirmation. * PUBLIC NOTICE OF SALE *
ON FRIDAY, MARCH 14, 2025, AT 8:30 AM AT THE RIVERSIDE SUPERIOR COURT, PALM SPRINGS COURTHOUSE, DEPT. PS2, 3255 E TAHQUITZ CANYON WAY, PALM SPRINGS, CA 92262, THE VACANT LAND LOCATED AT 1231 W. 8TH ST., LOS ANGELES, CA 90017 WITH THE FOLLOWING LEGAL DESCRIPTION:
Parcel 1 of Parcel Map No. 19884, in the City of Indio, County of Riverside, State of California, as shown by Map on file in Book 120, Pages 44 and 45 of Parcel Maps, in the Office of the County Recorder of said County. Assessor's Parcel No. 616-130-052.
WILL BE SOLD BY WAY OF A COURT CONFIRMATION AND OVERBID HEARING. THE OPENING BID WILL BE $4,300,000. BIDDERS SHOULD CONTACT THE COURT RECEIVER AT LEAST 2 BUSINESS DAYS BEFORE THE HEARING TO PREQUALIFY TO BID BY: (1) SIGNING THE RULES FOR CONFIRMATION AND OVERBID HEARING; (2) PROVIDING PROOF OF FUNDS AS TO THE BIDDER'S HIGHEST BID; (3) PROVIDING A $150,000 DEPOSIT VIA CASHIER'S CHECK OR WIRE/ACH. ALL BIDDERS THAT ARE NOT THE WINNING BIDDER WILL RECEIVE THEIR $150,000 DEPOSIT BACK FOLLOWING THE HEARING. PREQUALIFIED BIDDERS MAY APPEAR IN PERSON OR REMOTELY. CALL BROKER SUSAN HARVEY AT 760-360-8200 FOR DETAILS.
Prime Highway 111 Mixed-Use property in the City of Indio. Potential of up to 40 units per acre. Located at signalized intersection. 1,200 feet of excellent frontage on Highway 111. Walk to Coachella & Stagecoach Music Festivals. City has initiated Highway 111 street improvement project. Close proximity to the acclaimed Madison Club, PGA West, The Montage & Pendry Hotel and much more! Highway 111 & Madison combined traffic count of 50,000 ADT. Court Ordered Sale. Property is being sold by way of Receivership & Court Confirmation.
Listing Details MLS# 219116544
General Property Information
- Pool
- No
- Lot Acres
- 19.12
- Lot Size Source
- Assessor
- Cross Streets
- Highway 111 & Madison St
Property Features
Present Use:
Agricultural; Farm; Row Crops
Potential Use:
Mixed Use; Multi-Family; Residential
Fencing:
Chain Link; Fenced
Utilities:
Electricity Available; In Street; Sewer Available; Water Available
Road Frontage:
City Street
Sale Type:
Standard
Listing Terms:
Cash
Lot Features:
Agricultural; Level; Rectangular Lot; Single Lot
Lot Location:
Corner Lot
View Type:
City Lights; Hills; Mountain(s)
Disclosures:
Property As Is
Sewer:
Other
Water:
In Street
Land Lease Type:
Fee Simple
Listing Location and Property Info
- APN
- 616130034
- Original List Price
- 4164336
- Street #
- 47306
- Street Name
- Madison
- Street Suffix
- Street
- County
- Riverside
- State
- CA
- Zip Code
- 92201
- Area
- 314 - Indio South of Hwy 111
- Country
- US
Tax Info
- Tax Mello Roos
- Unknown
Property Info
- Additional Parcel
- No
- Senior Community
- No
- Gated Community
- No
- View
- Yes
Status Change Info
- Status Change Date
- 2025-04-15
- Pending Date
- 2024-11-15
- Closed Date
- 2025-04-15
- Closed Price
- 4200000
More Information
Water
- Water District Name
- Indio Water Authority
- In Street
- Yes
HOA Information
- Association
- No
Listing, Location and Property Info
- Entry Date
- 2024-09-11
- Land Type
- Fee
Present Use
- Agricultural
- Yes
- Farm
- Yes
- Row Crops
- Yes
Potential Use
- Mixed Use
- Yes
- Multi-Family
- Yes
- Residential
- Yes
Fencing
- Chain Link
- Yes
- Fenced
- Yes
Utilities
- Electricity Available
- Yes
- In Street
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Sale Type
- Standard
- Yes
Road Frontage
- City Street
- Yes
Listing Terms
- Cash
- Yes
Lot Features
- Agricultural
- Yes
- Level
- Yes
- Rectangular Lot
- Yes
- Single Lot
- Yes
Lot Location
- Corner Lot
- Yes
Site
- City
- Yes
View Type
- City Lights
- Yes
- Hills
- Yes
- Mountain(s)
- Yes
Disclosures
- Property As Is
- Yes
Sewer
- Other
- Yes
Land Lease Type
- Fee Simple
- Yes
Documents
Listing Office:
Desert Pacific Properties
Listing Agent:
Susan Harvey
Last Updated: July - 24 - 2025
Information deemed reliable but not guaranteed.

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