40265 Galindo Court Indio, CA $ 1,325,000
40265 Galindo Court
$ 1,325,000
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40265 Galindo Court

Indio, CA, 92203
$ 1,325,000
Baths0.0

Monthly Estimate*

$ 8,158

Listed by HomeSmart
40265 Galindo Court, Indio, CA 92203 - Image 1
40265 Galindo Court, Indio, CA 92203 - Image 2
40265 Galindo Court, Indio, CA 92203 - Image 3
40265 Galindo Court, Indio, CA 92203 - Image 4
40265 Galindo Court, Indio, CA 92203 - Image 5
40265 Galindo Court, Indio, CA 92203 - Image 6
40265 Galindo Court, Indio, CA 92203 - Image 7
40265 Galindo Court, Indio, CA 92203 - Image 8
40265 Galindo Court, Indio, CA 92203 - Image 9
40265 Galindo Court, Indio, CA 92203 - Image 10
40265 Galindo Court, Indio, CA 92203 - Image 11
40265 Galindo Court, Indio, CA 92203 - Image 12
40265 Galindo Court, Indio, CA 92203 - Image 13
40265 Galindo Court, Indio, CA 92203 - Image 14
40265 Galindo Court, Indio, CA 92203 - Image 15
40265 Galindo Court, Indio, CA 92203 - Image 16
40265 Galindo Court, Indio, CA 92203 - Image 17
40265 Galindo Court, Indio, CA 92203 - Image 18
40265 Galindo Court, Indio, CA 92203 - Image 19
Studio

Multi-Family Home for sale in Indio, CA

for $1,325,000. This home was built in 1986 on a lot size of 2.27.

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 upon which the mobile homes are situated. However, while the individual records for each lot now list the designation 'LEASE LAND,' the general property records still identify Jose and his wife as the legal owners.--------------------------------------Para preguntas y citas llama/texto:Salvador 760.409.3614

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Multi-Family Active

Price

$ 1,325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

2.27

Year Built

1986

Town/City

Indio

County/Region

Riverside

MLS | Web ID

219146255DA

Days on Market

51

Features
General
Sewer Other Septic Tank
Heating Central Electric Propane
Cooling Central Air Evaporative Cooling Electric Gas Wall/Window Unit(s)
Possession Close Of Escrow Negotiable
Roof Composition Metal Other
Appliances Dishwasher Disposal Gas Oven Gas Range Microwave Propane Cooking Propane Water Heater Refrigerator Water Heater
HOA Fee 0
Garage Spaces 14
Exclusions ANY QUESTIONS? TEXT OR CALL Salvador - 760.409.3614
Year Built 1986
Tenant Pays Cable TV Electricity Exterior Maintenance Gas Insurance
View City Lights Desert Hills
Stories Count 1
Levels One
County Riverside
Operating Expense 0
Insurance Expense 145
New Construction false
Property Type Residential Income
Association Amenities Other
Subdivision Name Not Applicable-1
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Take Jefferson North to Avenue 40 and make a left. Then turn left onto Galindo. The property is located on the right side of the street.USE GPS -
City Indio
Disclosures Call Agent Exclusions Disclosure
Association Name None Owner there is not Mangment Comp
Senior Community Y/N false
Open Parking Spaces 14
Number Of Units Total 14
Lot Size Units Square Feet
Lot Size Square Feet 98881
Carport Spaces 14
Carport Y/N true
Number of Units Leased 14
Listing Terms Cash 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 95
Property Condition Repairs Cosmetic
Trash Expense 240
Water Sewer Expense 0
Rent Control Y/N false
Standard Status Active
Year Built Source Assessor
Total Actual Rent 9203
Cap Rate 8.2
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Interior
Interior Amenities Built-in Features
Flooring Carpet Stone Wood
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Entry Level 14
Total Baths 0
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Exterior
Parking Features Assigned Direct Access Driveway Garage Other On Street
Lot Features Corner Lot Flag Lot Level Mineral Rights
Water Source Other Well
Total Parking 56
Inclusions For more info text/ callSalvador 760.409.3614
Lot Size Area 98881
Foundation Details Concrete Perimeter Pier Jacks Permanent
Number of Buildings 14
Spa false
Lot Size Acres 2.27
Private Pool false
Lot Size Source Assessor
Pool Charge 0
Number of Separate Water Meters 0
Number of Separate Gas Meters 14
Number of Separate Electric Meters 15
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* Excluded Features
List By
Homesmart

Broker

elenav.realtor@gmail.com

Email

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$8,158
Per Month
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Monthly Principal & Interest
$8,158
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2026$1,325,000 9,900.00% Price Up
4/11/2026$13,250 Listed Price

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40265 Galindo Court, Indio, CA, 92203 is a Multi-Family Home for sale at $1,325,000 with a lot size of 2.27. 40265 Galindo Court is a studio with 0.0 baths and was built in 1986. The property's zip code is 92203 which is in Indio, CA