40265 Galindo Ct , Indio, CA 92203
$1,290,000
Est. Payment: $6,491.08/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 100
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House Description

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

Highlights

Listed by Elena Hernandez Velazquez , (760) 678-8110 and Salvador Hernandez , (760) 409-3614 HomeSmart , (760) 844-7500. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
2.27

Year Built

1986

County

Riverside

Neighborhood

Not Applicable-1

Listing ID

219146255DA

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Propane Cooking, Propane Water Heater, Refrigerator, Water Heater
Air Cond:Central Air,Evaporative Cooling,Electric,Gas,Wall/Window Unit(s)
Fireplaces:
Floor:Carpet,Stone,Wood
Other:Built-in Features
Other:Other,Well

Exterior Features

Lot:Corner Lot,Flag Lot,Level,Mineral Rights,No Land Lease
Garage Capacity:56
Roof:Composition,Metal,Other
Others:Repairs Cosmetic,2+ Total Units
Sewer:Other,Septic Tank
Parking Features:Assigned,Direct Access,Driveway,Garage,On Street
Principal Interest
$6,491
Taxes
$822

Home Price

$1,290,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$258,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,491.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,491.08 $822.38 $0.00 $7,313.45
Yearly $77,892.91 $9,868.50 $0.00 $87,761.41
Total $2,336,787.38 $296,055.00 $0.00 $2,632,842.38

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Indio, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T10:35:52.000Z

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