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!
|
DAYS ON MARKET
|
52
|
LAST UPDATED
|
11/9/2024
|
|
TRACT
|
Terra Lago (30924)
|
YEAR BUILT
|
2007
|
|
COMMUNITY
|
Indio North of East Valley
|
GARAGE SPACES
|
2.0
|
|
COUNTY
|
Riverside
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to Nov 9, '24
|
$819,000
|
| Nov 9, '24 - Today |
$814,000 |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AMENITIES |
Clubhouse, Fitness Center, Playground, Recreation Room, Sauna |
| APPLIANCES |
Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer |
| AREA |
Indio North of East Valley |
| CONSTRUCTION |
Stucco |
| FIREPLACE |
Yes |
| GARAGE |
Driveway, Garage, Garage Faces Front, Yes |
| HEAT |
Central |
| HOA DUES |
300 |
| INTERIOR |
Ceiling Fan(s), Furnished, Pantry |
| LOT |
5227 sq ft |
| LOT DESCRIPTION |
Yard |
| PARKING |
Driveway,Garage Faces Front,Garage |
| POOL |
Yes |
| POOL DESCRIPTION |
In Ground,Pebble,Private |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
Terra Lago (30924) |
| UTILITIES |
Cable Connected,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Mountain(s) |
| WATER |
Public |
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Listed with Alta Realty Group CA, Inc
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 11:23 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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