40265 Galindo Court, Indio, CA 92203
Local realty services provided by:ERA North Orange County Real Estate
40265 Galindo Court,Indio, CA 92203
$1,325,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: elena velazquez
Office: homesmart760-844-7500
MLS#:219146255DA
Source:CRMLS
Price summary
- Price:$1,325,000
About this home
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...
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Home facts
- Year built:1986
- Listing ID #:219146255DA
- Added:1 day(s) ago
- Updated:April 12, 2026 at 11:34 AM
Rooms and interior
- Flooring:Carpet, Stone, Wood
- Kitchen Description:Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Propane Cooking, Refrigerator
Heating and cooling
- Cooling:Central Air, Electric, Evaporative Cooling, Gas, Wall Window Units
- Heating:Central, Electric, Propane
- Central air:Yes
Structure and exterior
- Roof:Composition, Metal
- Year built:1986
- Lot area:2.27 Acres
- Lot Features:Corner Lot, Flag Lot, Level with Street, Mineral Rights
- Foundation Description:Concrete Perimenter, Foundation - Pier Jacks, Permanent
- Levels:1 Story
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,325,000
Features and amenities
- Appliances:Dishwasher, Disposal
- Amenities:Propane Water heater, Water Heater
Parking
- Total parking spaces:56
- Parking description:14 Carport Space(s), Assigned, Direct Access, Driveway, Garage, On Street
- Garage:Yes
- Garage spaces:14
- Carport spaces:14
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