$814,000
For Sale

84066 Olona Court

Indio, CA 92203
2338 sqft | 4 beds | 2.5 baths | 0.12 acres | #OC24204191
Listing OfficeAlta Realty Group CA, Inc
Type:Purchase
Structure:House
Zone:Residential

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 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
      • Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
      • InteriorBreakfastBar, Furnished, WalkInPantry, WalkInClosets
      • Property SubtypeSingleFamilyResidence
      • School DistrictDesert Sands Unified
      • SubdivisionTerra Lago (30924)
      • Sewer InformationPublicSewer
      • MLS #OC24204191
      • MLS #OC24204191
      • ViewMountains
      • CountyRiverside
      • Property TypePurchase
      • Original List Price$819,000
      • Utility SourcePublic
      • Cost814000
      • Structure TypeHouse
      • Lot DescriptionYard
      • Acres0.12
      • Square Feet2338
      • Year Built2007
      • Bathrooms2.5
      • Hoa Fees300
      • Bedrooms4
      • Full Baths2
      • Half Baths1
      • Stories2
      • Parking Spaces2

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

%
1.3%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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