84066 Olona CT, Indio, CA 92203 – OC24204191MR - Norma Mardelli

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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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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/19/2024 08:14 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

MLS Listing ID OC24204191MR

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Fees $300/mo

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 Indio North Of East Valley

Building/Complex Name Terra Lago

Interior

Heating Central

Cooling Central

Fireplaces Type Family Room, Gas

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

Equipment Dishwasher, Dryer, Dryer Included, Microwave, Refrigerator, Room, Washer, Washer Included

Laundry Dryer, Dryer Included, Room, Washer, Washer Included

Exterior

Parking Features Driveway, Garage

Garage Spaces 2.0

Pool In Ground, Private

Community Features Lake, Sidewalks, Street Lights

Amenities Available Exercise Room, Playground, Sauna

View Y/N Yes

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Stucco

Schools

School District Desert Sands Unified

Others

Special Listing Condition Standard

Pets Allowed Call For Rules

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Alta Realty Group CA, Inc