40265 Galindo Ct

Indio, CA 92203
  • $1,325,000

    Price
  • 30

    Bed
  • 14

    Bath
  • 14,600

    SqFt

About the Listing DML-oD8644 - DML-D79589,DML-D21103

What's Being Offered A mobile home park with 12 tenant-occupied units Pluss 2 more. Rent guaranteed by the county through 2041 year. A government-backed housing program (likely subsidized housing lease) Owner responsibilities are minimal: o Provide Free water service.o Maintain general cleanliness of the park .o Tenants pay: (Electricity. Gas. Internet ) o Repairs (for pay from tenants' units) 🏠 The 2 Owner-Owned Units. These are different Mobiles Homes: Owner must handle repairs on the water well. Still not responsible for electricity or gas for the other 12 Mobiles Homes. These generate separate rental income (not part of the county master lease) 💰 The Big Selling Point 'Guaranteed income through 2041'This is the headline feature. o 🚩 No Units are vacant? 2. Owner offers financials details. o Actual monthly income o Expenses (water, maintenance, insurance, taxes) o Net operating income (NOI) 3. Utility responsibility.It says owner provides water service, And Maitane's service to the Well.4. Repairs 'not your responsibility on the 12 Mobiles Homes. Who owns each mobile home. Different tenants.Tenants own their homes (common in mobile home parks) That's a big advantage,5. The others 2 units or Mobiles Homes are owned by the sellers. These could: Add income two more Income, per month. 🧠 Bottom Line. This could be: A low-maintenance, stable cash-flow investmentA 'guaranteed' income. A summary of rent roll.As of today, I can tell you about the outcome regarding the parking situation: An APN (Assessor's Parcel Number) has been assigned to each individual parking space.This was done to ensure that every property could be uniquely identified; as humans, we tend to repeat numbers and street names, which creates issues for utility providers such as water and electricity companies. That is precisely what the County did: it subdivided the parcels of land u

Listing Highlights

Status Active
Days on Site 26
Property Type Multi-Family
MLS ® 219146255DA
Year Built 1986
Total Square Footage 14,600
Lot/Acreage 2.27
County Riverside

Interior Details

  • Bedrooms: 30
  • Bathrooms: 14 Full
  • Appliances: Microwave, Oven-Gas, Range
  • Air Cond: Air Conditioning,Ceiling Fan,Central,Electric,Evaporative,Gas,Wall/Window
  • Heating: Central,Electric,Propane Gas
  • Fireplaces:
  • Floor: Carpet,Granite,Hardwood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Call for Rules,WeightLimit,Double Vanity(s),All Bedrooms Down,WalkInCloset,Built-Ins,Breakfast,Dining Room,Family Room
  • Water:

Exterior Details

  • Lot Description: 5 + Lots,Lot Shape-Flag,Lot-Level/Flat,Street Public
  • Garage Capacity: 14 car
  • Parking Spaces: 56
  • Roof: Composition,Metal,Other,Shingle
  • Others: Repair Cosmetic
  • Sewer:
  • Parking Features: Assigned,Direct Entrance,Driveway,On street

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

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40265 Galindo Ct Indio, CA 92203

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