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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!
Property Type(s):
Residential Income
| Last Updated | 11/9/2024 | Tract | Terra Lago (30924) |
|---|---|---|---|
| Year Built | 2007 | Community | Indio North of East Valley |
| Garage Spaces | 2.0 | County | Riverside |
Price History
| Prior to Nov 9, '24 | $819,000 |
|---|---|
| Nov 9, '24 - Today | $814,000 |
Additional Details
| 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 |
Location
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Listed with Alta Realty Group CA, Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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