84066 Olona CT, Indio, CA 92203 – OC24204191 - Liz Morehouse

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$814,000

Est. payment - /mo

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4 BD

3 BA

2,338 SqFt

Active

84066 Olona CT Indio, CA 92203

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Liz Morehouse

lizmorehouseproperties@gmail.com +1(760) 936-1572

UPDATED:

12/19/2024 09:11 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,338 sqft

Price per Sqft $348

Subdivision Terra Lago (30924)

MLS Listing ID OC24204191

Bedrooms 4

Full Baths 2

Half Baths 1

Condo Fees $300

Construction Status Turnkey

HOA Fees $300/mo

HOA Y/N No

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 309 - Indio North Of East Valley

Rooms

Main Level Bedrooms 1

Interior

Interior Features Breakfast Bar, Furnished, Walk-In Pantry, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Carpet, Vinyl

Fireplaces Type Family Room, Gas

Inclusions All Furniture, Furnishings, Appliances, TV's, Electonics & everything else used to operate the STR

Fireplace Yes

Appliance Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer

Laundry Laundry Room

Exterior

Parking Features Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Pool Community, In Ground, Pebble, Private

Community Features Lake, Street Lights, Sidewalks, Gated, Pool

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Amenities Available Clubhouse, Fitness Center, Playground, Recreation Room, Sauna, Cable TV

View Y/N Yes

View Mountain(s)

Porch Patio

Attached Garage Yes

Total Parking Spaces 2

Private Pool Yes

Building

Lot Description Yard

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Schools

School District Desert Sands Unified

Others

HOA Name Terra Lago

Senior Community No

Tax ID 696020062

Security Features Gated Community,24 Hour Security

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

Listed by Keith Powers • Alta Realty Group CA, Inc • 714-402-1357

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Liz Morehouse

Agent | License ID: 02125172

+1(760) 936-1572

84066 Olona CT Indio, CA 92203

Liz Morehouse

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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84066 Olona CT