84066 Olona CT Active Save Request In-Person Tour Request Virtual Tour
Indio,CA 92203
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,338 sqft
Price per Sqft $348
Subdivision Terra Lago
MLS Listing ID OC24204206MR
Bedrooms 4
HOA Fees $300/mo
Year Built 2007
Lot Size 5,227 Sqft
Property Description
Discover this stunning 4-bedroom, 2.5-bathroom short-term rental (STR) in the heart of Indio, California. Offering a prime location near popular attractions and ample potential for investors, this fully furnished and turnkey property is poised for high returns. With a spacious 2,338sq. ft. layout, the home boasts an open concept design, modern finishes, and a tranquil outdoor oasis perfect for relaxation. The beautiful interior features a bright, open living area with vibrant accents, wood-style vinyl flooring, and designer lighting. A cozy fireplace creates a welcoming atmosphere in the living room, while the gourmet kitchen is equipped with stainless steel appliances, sleek cabinetry, and polished countertops. The generously sized bedrooms include a luxurious primary suite with a walk-in closet and ensuite bath complete with a soaking tub. Glass sliders lead to the expansive backyard, where you'll find a covered patio, multiple seating areas, and a heated salt-water pool and spa. Financially, this property offers strong returns with a projected gross revenue exceeding $125,000 annually, a self-managed cap rate of 11.5%, and a professionally managed cap rate of 9.8%. With all furniture, appliances, and operational items included in the sale, this home is a true turnkey investment. Whether you're seeking a high-performing investment property or a serene personal retreat, this Indio STR presents an unmatched opportunity. Don't miss your chance schedule a showing today and make this income-generating property yours!
Location
State CA
County Riverside
Area Indio North Of East Valley
Building/Complex Name Terra Lago
Interior
Heating Central
Cooling Central
Fireplaces Type Gas, Living Room
Inclusions All Furniture, Furnishings, Appliances, TV's, Electonics & everything else used to operate the STR
Equipment Dishwasher, Dryer, Dryer Included, Microwave, Refrigerator, Room, Washer, Washer Included
Laundry Dryer, Dryer Included, Room, Washer, Washer Included
Exterior
Parking Features Driveway, Garage
Garage Spaces 2.0
Pool In Ground, Private
Community Features Lake, Sidewalks, Street Lights
Amenities Available Exercise Room, Playground, Sauna
View Y/N Yes
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Stucco
Others
Special Listing Condition Standard
Pets Allowed Call For Rules