84066 Olona Court
Indio, CA 92203
$5,000.00 (-0.61%)
Active for $814,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 5,227 sqft
| MLS | OC24204206 |
| Year Built | 2007 |
| Property Type | Single Family Residence |
| County | Riverside |
| Status | Active |
| Active | $814,000 |
| Structure Size | N/A sqft |
| Lot Size | 5,227 sqft |
| Beds | N/A |
| Baths | N/A |
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!
Listing information courtesy of: Keith Powers, Alta Realty Group CA, Inc 714-402-1357. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Anthony Razzouk
REALTOR®
Direct: 714.707.8374
Email: Email Me
DRE: 02200867
DRE #01873088
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