84066 Olona Court Active

Indio,CA 92203

$ 814000

4 Beds

3 Baths

2338 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,338 sqft

Price per Sqft $348

MLS Listing ID CROC24204191

Bedrooms 4

Full Baths 2

HOA Fees $300/mo

Year Built 2007

Lot Size 5,227 Sqft

Property 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 investmen

Location

State CA

County Riverside

Interior

Heating Central

Cooling Central Air

Flooring Vinyl,Carpet

Fireplaces Type Family Room,Gas

Laundry Dryer,Laundry Room,Washer

Exterior

Garage Spaces 2.0

Pool In Ground,Spa

Amenities Available Clubhouse,Fitness Center,Playground,Pool,Sauna,Gated,Cable TV,Recreation Facilities

View Mountain(s)

Building

Lot Description Street Light(s)

Story 2

Water Public

Schools

School District Desert Sands Unified

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