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!
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
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
- Address84066 Olona Court Indio CA
- SubdivisionTerra Lago (30924)
- CityIndio
- CountyRiverside
- Zip Code92203
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Courtesy of Alta Realty Group CA, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Palm Springs, Coachella Valley, and High Desert. Detailed information about real estate listings held by brokerage firms other than The Firm Commercial include the name of the listing broker. Neither the listing company nor The Firm Commercial shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Palm Springs, Coachella Valley, and High Desert. All rights reserved.
84066 Olona Court
Indio, CA
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