$ 814,000
84066 Olona Court Indio, CA 92203
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Listed by Keith Powers • Alta Realty Group CA, Inc
$ 814,000
Est. payment /mo
Active
84066 Olona Court Indio, CA 92203
2,338 SqFt
UPDATED:
11/11/2024 09:28 AM
Key Details
Property Type Single Family Home, Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,338 sqft
Price per Sqft $348
MLS Listing ID CROC24204206
HOA Fees $300
HOA Y/N No
Originating Board Datashare California Regional
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 investmen
Location
State CA
County Riverside
Interior
Heating Central
Cooling Central Air
Flooring Vinyl, Carpet
Fireplace No
Laundry Dryer, Laundry Room, Washer
Exterior
View Mountain(s)
Building
Lot Description Other
Water Public
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