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40265 Galindo Court

Indio, CA 92203
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$1,290,000 $5,438/Mo
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Bed --

Bed

Bath 0

Bath

SqFt98,881

Sqft(Lot)

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

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,290,000

AD Id : 76990376

MLS Id : 219146255DA

Lot Size : 98,881 Sqft

Year Built : 1986

Garage : 14

County : Riverside

Subdivision: Country Club Estates

  • Map Map

Map

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Feature Features

  • Interior Features

    BuiltInFeatures
    Roof: Composition, Metal, Other
    Appliances: Dishwasher, Disposal, GasOven, GasRange, Microwave, PropaneCooking, PropaneWaterHeater, Refrigerator, WaterHeater

  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric, Propane Has Cooling: Yes Cooling: CentralAir, EvaporativeCooling, Electric, Gas, WallWindowUnits

  • Building Information

    Year Built: 1986
    Stories: 1
    Private Pool: No
    View: CityLights, Desert, Hills

  • Lot Information

    Main Square Feet: 98881 Lot Size Acres: 2.27 Lot Size Source: Assessor Lot Size Square Feet: 98,881 Lot Description: CornerLot,FlagLot,Level,MineralRights

    Property Information

    Subdivision: Not Applicable-1 Source Property Type: ResidentialIncome Postal Code Plus 4: 9760 Levels: One Property Age: 40

  • Listing Price Information

    Listing Price: $1290000
    Original Price: $1325
    Cash, Exchange1031

  • Tax Information

    Parcel Number: 607240025

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Parking Total: 56 Assigned, DirectAccess, Driveway, Garage, Other, OnStreet

    Garage Information

    Has Garage: Yes Garage Space: 14

    Homeowners Association Information

    Association Amenities: Other

  • Location Information

    Direction: Take Jefferson North to Avenue 40 and make a left. Then turn left onto Galindo. The property is located on the right side of the street.USE GPS - WaterSource: Other, Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
85747 Molvena Drive, Indio, CA, 92203 $619,000 2 2 2,506 2,506 SqFt
44027 Triolo Way, Indio, CA, 92203 $460,000 2 2 1,704 1,704 SqFt
85648 Molvena Drive, Indio, CA, 92203 $459,000 2 3 2,287 2,287 SqFt
85639 Treviso Drive, Indio, CA, 92203 $450,000 2 2 1,736 1,736 SqFt
85613 Treviso Drive, Indio, CA, 92203 $399,900 2 2 1,736 1,736 SqFt
43835 Mezzelune Way, Indio, CA, 92203 $399,000 2 2 1,886 1,886 SqFt
43230 La Scala Way, Indio, CA, 92203 $669,000 3 3 2,708 2,708 SqFt
43158 Arolo Way, Indio, CA, 92203 $620,000 3 2 2,536 2,536 SqFt
85495 Campana, Indio, CA, 92203 $435,000 2 2 2,026 2,026 SqFt
43086 Borretti Way, Indio, CA, 92203 $619,999 3 3 2,411 2,411 SqFt

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/26/2026 @ 01:46

MLS: 219146255DA LISTED BY: Elena Hernandez Velazquez, HomeSmart 760-844-7500 SOURCE: CRMLS

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