USACAIndioNot Applicable-140265 Galindo Ct

New

$1,325,000

For Sale

3 days ago

40265 Galindo Ct, Indio, CA

Name: 40265 Galindo Ct, For Sale in Indio - eXp Realty
Brand: HomeSmart
SKU: 219146255DA
Price: 1325000 USD

House

MLS® 219146255DA

0 Bed

0 Bath

56 Parking

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size -

Garage Yes

Taxes

Days Active 3

Lot Size

Approx. Age 1986

MLS® Number 219146255DA

Property Address: 40265 Galindo Ct, Indio, CA, 92203

Average square foot calculated using Size range provided by listing agent.

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

MLS® Number219146255DA

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1986

Basement

DrivewayAssigned, Direct Access, Driveway, Garage, Other, On Street

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 11, 2026List Date

$1,325,000List Price

Commute

Commute

Starting Address

Destination Address

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