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40265 Galindo Court

Indio, CA 92203
  • $1,260,000
  • STATUS: Active
  • ON SITE: 149 Days
  • MLS #: 219146255
Price Reduced
UPDATED: 54 min ago
$1,260,000
  • 30
    BEDS
  • 2.27
    ACRES
  • 14
    BATHS
  • 0
    1/2 BATHS
  • 14,600
    SQFT
  • $86
    $/SQFT
Neighborhood:
Not Applicable
Type:
Multi-Family
Built:
1986
County:
Riverside
Area:
309 - Indio North Of I-10

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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

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©2026 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KW Coachella Valley. Based on information from the California Desert Association of Realtors as of 2026-09-08T14:35:46.87. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.kwcoachellavalley.com/homes/175090987
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40265 Galindo Court Indio, CA 92203

  • Price: $1,260,000
  • Status: Active
  • On Site: 149 Days
  • Updated: 54 min ago
  • MLS #: 219146255
30
Beds
14
Baths
0
½ Baths
2.27
Acres
14,600
SQFT
$86
$/SQFT
1986
Built
Neighborhood:
Not Applicable
County:
Riverside
Area:
309 - Indio North Of I-10
Property 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
Exterior Features

Entry Floor Number 14 Entry Location Ground Level - No StepsGround Level w/Steps Exterior Construction Aluminum SidingPlasterOtherCombination Foundation Concrete PerimeterPier JacksPermanent Gated Community No Levels Ground LevelNo Unit AboveGround Parking AssignedDrivewayDirect EntranceOtherOn Street Patio Features CoveredWoodOtherEnclosed Paved No Property Orientation Faces Front Door Faces NorthLeisure Faces EastFront Door Faces West Property Sub Type RV Park Roofing Composition ShingleOtherMetal Total Carport Spaces 14.00 Total Covered Spaces 14.00 Total Parking Spaces 56.00 Total Uncovered Assigned Spaces 14.00 Unit Location Ground Floor View Yes View Type City LightsHillsDesert Window Treatments Double Pane WindowsScreensBlindsMini Blinds

Interior Features

Appliances DryerGas RangeGas OvenMicrowave OvenRefrigeratorPropane Dryer HookupDisposalDishwasher Bathroom Features Double Vanity(s) Bedroom Features All Bedrooms DownWalk In Closet Cooling Type Air ConditioningWall/Window Unit(s)OtherGasElectricEvaporative CoolingCentral AirCeiling Fan(s) Fireplace No Flooring CarpetHardwoodGranite Heating CentralOther Heating Fuel ElectricPropane Gas Rooms Family RoomBreakfastDining AreaOther Total Fireplaces 1

Property Features

Community Features Street Lighting Disability Access Handicap AccessNo Interior Steps Land Type Fee Simple Laundry Yes Laundry Equipment Hook-Ups Laundry Location Gas Dryer HookupIndividual RoomLaundry Area Listing Terms 1031 ExchangeCash Lot Description 5+ LotsStreet PublicFlag LotLevel Lot Location Corner Lot Operating Expenses Amount 0.00 Owner Pays ElectricityWaterTrash CollectionGardener Pool No Property Attached Detached Yes Property Condition Repair Cosmetic Sale Type Standard Security Safety OtherNone Senior Community No Sewer InConnected and PaidAssessmentsSeptic TankOther Spa Hot Tub No Tax Mello Roos Unknown Tenant Pays Air Cond/Heat MainWater HeaterSpecial InsuranceMove Out FeeMove In FeeGasExterior MaintenanceElectricityCable TV Total Taxes Amount 11247.53 Tv Services Cable TV Type Of Business A MOBILE HOME PARKEs un parkeadero de trailas. Volt220 Location In KitchenIn Laundry Water OtherWater DistrictWell Water District Name Coachella Water Sistric Water Heater Yes Water Heater Feature OtherPropane

Listing information © 2026 California Desert Association of Realtors.
Listing provided courtesy of Elena Hernandez Velazquez of HomeSmart: (760) 844-7500.
©2026 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KW Coachella Valley. Based on information from the California Desert Association of Realtors as of 2026-09-08T14:35:46.87. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
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