Active

40265 Galindo Court

Indio, CA 92203

$1,325,000 $5,586/Mo

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Overview

Bed

Bath

98,881

Sqft(Lot)

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

Property Details

Property Type : Residential Income

Price : $1,325,000

AD Id : 76990376

MLS Id : 219146255DA

Lot Size : 98,881 Sqft

Year Built : 1986

Garage : 14

County : Riverside

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 0

Water/Sewer

Water Source: Other,Well Sewer: Other,Septic Tank
Interior Features

Roof: Composition,Metal,Other Interior Features: Built-in Features Property Appliances: Dishwasher,Disposal,Gas Oven,Gas Range,Microwave,Propane Cooking,Propane Water Heater,Refrigerator,Water Heater Flooring: Carpet,Stone,Wood
Cooling Features

Central Air,Evaporative Cooling,Electric,Gas,Wall/Window Unit(s) Air Conditioning

Heating Source

Central,Electric,Propane Has Heating

Fireplace

Has Fireplace: 0

Building Information

Year Built: 1986 Roof: Composition,Metal,Other
Foundation

Concrete Perimeter,Pier Jacks,Permanent

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 2.27
Lot Size Source: Assessor Lot Size Square Feet: 98881

Listing Price Information

Original List Price: 1,325,000 Listing Contract Date: 2026-04-09
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 607240025

Garage and Parking

Garage Description: Assigned,Direct Access,Driveway,Garage,Other,On Street

Homeowners Association

Association Amenities: Other
Rental Info

Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Exterior Maintenance,Gas,Insurance

Other Property Info

Source Listing Status: Active Source Neighborhood: Postal Code Plus 4: 9760 Directions: 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 - Source Property Type: Residential Income
Building and Construction

Property Age: 40 Property Condition: Repairs Cosmetic Year Built Source: Assessor Entry Level: 14 Property Attached: Yes Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
44027 Triolo Way, Indio, CA, 92203	$460,000	2	2	1,704	1,704 SqFt
43638 Treviso Drive, Indio, CA, 92203	$465,000	2	2	1,704	1,704 SqFt
85648 Molvena Drive, Indio, CA, 92203	$479,000	2	2	2,287	2,287 SqFt
85495 Campana, Indio, CA, 92203	$435,000	2	2	2,026	2,026 SqFt
85365 Campana, Indio, CA, 92203	$455,000	2	2	2,103	2,103 SqFt
42940 Ascona Lane, Indio, CA, 92203	$650,000	2	2	2,026	2,026 SqFt
42801 Torno Place, Indio, CA, 92203	$524,900	2	2	2,026	2,026 SqFt
42897 Cusino Court, Indio, CA, 92203	$575,000	2	2	2,127	2,127 SqFt
42941 Cusino Court, Indio, CA, 92203	$497,500	2	1	1,910	1,910 SqFt
84662 Litorale Court, Indio, CA, 92203	$969,000	4	4	2,697	2,697 SqFt

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ByOwner last updated this listing 06/10/2026 @ 01:28

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