40265 Galindo Court, Indio 92203

$1,260,000

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98,881

Lot Size

14

# Of Units

Listing Agent
Elena Hernandez Velazquez - HomeSmart

About 40265 Galindo Court

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

Features of 40265 Galindo Court

MLS® # 219146255DA
Price $1,260,000
Bathrooms 0.00
Lot Size 98,881
Year Built 1986
Type Residential Income
Status Active
# Of Units 14

Community Information

Address 40265 Galindo Court
Subdivision Not Applicable-1
City Indio
County Riverside
Zip Code 92203

Amenities

Amenities Other
Parking Spaces 56
Parking Assigned, Driveway, Garage, On Street, Direct Access, Other
# of Garages 14
Garages Assigned, Driveway, Garage, On Street, Direct Access, Other
View City Lights, Hills, Desert
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Stone, Wood
Interior Features Built-in Features
Appliances Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Disposal, Propane Cooking, Propane Water Heater, Water Heater
Heating Central, Electric, Propane
Cooling Central Air, Electric, Evaporative Cooling, Gas, Wall/Window Unit(s)
Has Basement No
Fireplace No
# of Stories 1
Stories One

Exterior

Lot Description Corner Lot, Flag Lot, Level, Mineral Rights
Roof Composition, Metal, Other
Foundation Concrete Perimeter, Permanent, Pier Jacks

Additional Information

Date Listed April 9th, 2026
Days on Market 157
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentElena Hernandez Velazquez
OfficeHomeSmart

Listing Map

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