Listing provided courtesy of HomeSmart- MLS# 219146255MLS Provider

40265 Galindo CourtIndio, CA 92203

Multi-Family · 30 Beds · 14 Full Baths · 14,600 Sq. ft. | 2.27 Acres
$1,325,000 Active

40265 Galindo Court Overview

Time on Site:
79 days
Visits:
0

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 investment A '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 José and his wife as the legal owners. -------------------------------------- Para preguntas y citas llama/texto: Salvador 760.409.3614

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40265 Galindo Court Facts & Features

  • Type Multi-Family
  • Sq. ft. 14,600
  • Price/Sq.ft. $91
  • Lot 2.27 Acres

Details

General

Association/HOA

  • Association Amenities: Other
  • Association Fee Includes: Sewer,Trash,Water
  • Association Name: None

Building Information

  • New Construction: false
  • Year Built: 1986

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: 309 - Indio North of I-10
  • Subdivision Name: Not Applicable
  • Walk Score: 0

Community/Development

  • Community Features: Street Lighting

Rent/Lease Information

  • Tenant Pays: Cable TV,Electricity,Exterior Maintenance,Gas,Move In Fee,Move Out Fee,Special Insurance,Air Cond/Heat Main,Water Heater

General Information

  • Disclosures: Exclusions Call Agent,Mineral Rights,Property As Is
  • Exclusions: ANY QUESTIONS? TEXT OR CALL Salvador - 760.409.3614
  • Inclusions: For more info text/ call Salvador 760.409.3614
  • Listing Terms: 1031 Exchange,Cash
  • Parcel Number: 607240025
  • Property Condition: Repair Cosmetic
  • Property Sub Type: RV Park
  • Property Type: Residential Income
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 14.0

Beds/Baths

  • Bathrooms Full: 14
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 14
  • Bedrooms Total: 30

Building Interior

  • Building Area Total: 14600.0

General Information

  • Accessibility Features: Handicap Access,No Interior Steps
  • Appliances: Dishwasher,Disposal,Dryer,Gas Oven,Gas Range,Microwave Oven,Propane Dryer Hookup,Refrigerator
  • Electric: In Laundry,In Kitchen
  • Fireplace: false
  • Flooring: Carpet,Granite,Hardwood
  • Foundation Details: Concrete Perimeter,Permanent,Pier Jacks
  • Interior Features: Built-In Features,All Bedrooms Down,Walk In Closet,Other
  • Laundry Features: Gas Dryer Hookup,Individual Room,Laundry Area
  • Levels: Ground,Ground Level, No Unit Above
  • Living Area: 14600.0
  • Other Equipment: Call Listing Agent,List Available
  • Security Features: Other
  • Spa: false
  • Stories Total: 1
  • Window Features: Blinds,Double Pane Windows,Mini Blinds,Screens

Exterior

Parking Information

  • Parking Features: Assigned,Direct Entrance,Driveway,On Street,Total Covered Spaces,Other,Total Uncovered/Assigned Spaces
  • Parking Total: 56.0

Lot Information

  • Irrigation Source: None
  • Lot Features: Level,Flag Lot,Corner Lot
  • Lot Size Acres: 2.27
  • Lot Size Area: 98881.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 98881.2
  • Number Of Buildings: 14
  • Water Source: Water District,Well,Other

Waterfront/View

    Building Exterior/Construction

    • Construction Materials: Aluminum Siding,Other,Plaster
    • Patio And Porch Features: Covered,Enclosed,Wood,Other
    • Roof: Composition Shingle,Metal,Other

    General Information

    • Carport Spaces: 14.0
    • Fencing: Other,Wood,Fenced,Chain Link
    • Pool Private: false
    • Sewer: Assessments,In, Connected and Paid,Septic Tank,Other
    • Utilities: Cable TV,Water Connected,Sewer Connected,Phone Connected,Natural Gas Connected,Electricity Connected

    40265 Galindo Court Neighborhood

    Indio

    Indio, "The City of Festivals," is the municipal anchor for the Eastern Coachella Valley cities and is one of the oldest cities in the Coachella Valley, starting as a railroad town and growing to become an agricultural hub and major destination for some of the most notable festivals in the world.

    Community

    92203 (BERMUDA DUNES) Demographics

    42
    Median Age
    1,848
    Population Density (per sq. mile)
    38%
    College Educated
    $77,281
    Estimated Median Income
    9,542
    Estimated Total Home Owners
    2,460
    Estimated Total Renters
    80% / 20%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    40265 Galindo Court Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    40265 Galindo Court Market Data

    Based on the last 30 days in this zip code

    $698,371
    Average List Price
    $300
    Average Price per Square Foot
    75
    Properties Sold
    84
    Average Days on Market
    532
    Properties for Sale
    Calculations provided by Reliance Network

    40265 Galindo Court History

    Date Event Value Agent
    4/11/2026Source: CRMLS Price Increase
    $1,325,000 9,900.0%
    4/11/2026Source: California Desert MLS Price Increase
    $1,325,000 9,900.0%
    4/11/2026Source: CRMLS Added to Database
    April 11, 2026
    4/11/2026Source: California Desert MLS Added to Database
    April 11, 2026
    12/31/2022Source: CRMLS Added to Database
    December 31, 2022
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