84066 Olona Court Indio CA 92203 MLS #OC24204191

84066 Olona Court
Indio, CA, 92203
$814,000
4 Beds
3 Baths
2,338 SqFt
0.12 Acres
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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&#39'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&#39're seeking a high-performing investment property or a serene personal retreat, this Indio STR presents an unmatched opportunity. Don&#39't miss your chance—schedule a showing today and make this income-generating property yours!

Property Details

Price:
$814,000
MLS #:
OC24204191
Status:
Active
Beds:
4
Baths:
3
Address:
84066 Olona Court
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Terra Lago 30924
City:
Indio
Listed Date:
Oct 1, 2024
State:
CA
Finished Sq Ft:
2,338
ZIP:
92203
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
2007
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Schools

Interior

Appliances
Dishwasher, Gas Range, Microwave, Refrigerator
Cooling
Central Air
Fireplace Features
Family Room, Gas
Flooring
Carpet, Vinyl
Heating
Central
Interior Features
Furnished

Exterior

Association Amenities
Sauna, Playground, Gym/ Ex Room, Clubhouse, Recreation Room, Cable T V
Community Features
Lake, Sidewalks, Street Lights
Fencing
Block
Garage Spaces
2.00
Lot Features
Yard
Parking Features
Driveway, Garage
Pool Features
Private, Community, In Ground, Pebble
Security Features
24 Hour Security, Gated Community
Sewer
Public Sewer
Spa Features
Private, Gunite, Heated, In Ground
Stories Total
2
View
Mountain(s)
Water Source
Public

Financial

Association Fee
300.00
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Map

Community

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84066 Olona Court
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