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$1,325,000
30
Beds
14
Baths
14,600
Sqft
40265 Galindo Ct, Indio, California, 92203
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MLS# 219146255
What's Being Offered - A mobile home park with 12
$1,325,000
40265 Galindo Ct, Indio, California, 92203
30
Beds
14
Baths
14,600
Sqft
2.270
Acres
$1,325,000
40265 Galindo Ct, Indio, California, 92203
30 Beds
14 Baths
14,600 Sqft
2.270 Acres
Accessibility Features
Accessible Approach with Ramp
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 investment A '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
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Property Details
30 Beds
14 Baths
14,600 Sqft
Built in 1986
2.270 Acres
Driveway, On Street, Assigned, Covered
Electric (Heating), Central
Siding : Aluminum Siding, Plaster
Metal, Composition Roof
Riverside County
1 Story
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Location
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Ad Statistics
Ad Number
7557756
Viewed
5 times
Added
Apr 11, 2026
Updated on
Apr 11, 2026
Listing Information
Data Source
California Desert Association of REALTORS®, Inc.
Source Property ID
219146255
Listing Agent: Elena H Hernandez Velazquez, HomeSmart Professionals, 760-678-8110, 760-844-7500 Listing Site, Listing Status: Active
Copyright © 2026 California Desert Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2026 California Desert Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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