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  • MLS#: OC24204206 ( Single Family Residence )
  • Street Address: 84066 Olona Court
  • Viewed: 8
  • Price: $796,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2007
  • Bldg sqft: 0
  • Days On Market: 127
  • Additional Information
  • County: RIVERSIDE
  • City: Indio
  • Zipcode: 92203
  • Subdivision: Terra Lago (30924)
  • Provided by: Alta Realty Group CA, Inc
  • Contact: Keith Keith
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  • Description
    Step into this beautifully furnished and move in ready 4 bedroom, 2.5 bathroom home in the heart of Indio, California. Whether youre searching for a fully equipped primary residence or an income generating short term rental (STR), this property is the perfect fit. Boasting a spacious 2,338 sq. ft. layout, this turnkey home features an open concept design with modern finishes throughout. The bright and inviting living area is enhanced by vibrant accents, wood style vinyl flooring, and designer lighting, creating a space that feels both stylish and comfortable. A cozy fireplace anchors the living room, while the gourmet kitchen offers stainless steel appliances, sleek cabinetry, and polished countertops, ideal for cooking and entertaining. The generously sized bedrooms include a luxurious primary suite complete with a walk in closet and an ensuite bathroom featuring a soaking tub. Sliding glass doors lead to an expansive backyard oasis designed for relaxation and entertainment. The outdoor space includes a covered patio, multiple seating areas, and a heated salt water pool and spaall ready for you to enjoy from day one. For investors, this property is a standout opportunity. Fully furnished and equipped with all operational items, it is truly turnkey, with projected gross revenue exceeding $122,000 annually. The financials are equally impressive, offering a self managed cap rate of 11.4% and a professionally managed cap rate of 9.3%. Dont miss this chance to own a beautifully furnished, move in ready home that perfectly balances comfort and investment potential. Schedule your showing today and make this exceptional property yours!
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Features
Appliances
  1. Dishwasher
  2. Gas Range
  3. Microwave
  4. Refrigerator
Assessments
  1. CFD/Mello-Roos
Association Amenities
  1. Sauna
  2. Playground
  3. Gym/Ex Room
  4. Clubhouse
  5. Recreation Room
Association Fee
  1. 300.00
Association Fee Frequency
  1. Monthly
Building Area Total
  1. 2338.00
Cable Tv Expense
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Construction Materials
  1. Stucco
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 110
Electric Expense
  1. 3720.00
Exclusions
  1. None
Fencing
  1. Block
Fireplace Features
  1. Living Room
  2. Gas
Flooring
  1. Carpet
  2. Vinyl
Fuel Expense
  1. 240.00
Garage Spaces
  1. 2.00
Gardner Expense
  1. 1440.00
Heating
  1. Central
Inclusions
  1. All Furniture
  2. Furnishings
  3. Appliances
  4. TV's
  5. Electonics & everything else used to operate the STR
Insurance Expense
  1. 3521.00
Interior Features
  1. Ceiling Fan(s)
  2. Furnished
  3. Pantry
Laundry Features
  1. Dryer Included
  2. Individual Room
  3. Washer Included
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Yard
Netoperatingincome
  1. 74179.00
Newtaxesexpense
  1. 9747.00
Otherexpense
  1. 5352.00
Otherexpensedescription
  1. HOA Fees
Parcel Number
  1. 696020062
Parking Features
  1. Driveway
  2. Garage
  3. Garage Faces Front
Pest Control Expense
  1. 360.00
Pool Expense
  1. 1980.00
Pool Features
  1. Private
  2. In Ground
  3. Pebble
Postalcodeplus4
  1. 2967
Professionalmanagementexpense
  1. 18382.00
Property Type
  1. Single Family Residence
Property Condition
  1. Turnkey
Road Frontage Type
  1. Private Road
Road Surface Type
  1. Paved
Security Features
  1. 24 Hour Security
  2. Gated Community
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 424282840:CRM
Spa Features
  1. Private
  2. Gunite
  3. Heated
  4. In Ground
Subdivision Name Other
  1. Terra Lago (30924)
Suppliesexpense
  1. 0.00
Totalactualrent
  1. 78950.00
Totalexpenses
  1. 48366.00
Trash Expense
  1. 0.00
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Natural Gas Connected
  4. Sewer Connected
  5. Water Connected
Vacancyallowance
  1. 47656
View
  1. Mountain(s)
Water Sewer Expense
  1. 480.00
Water Source
  1. Public
Year Built
  1. 2007
Year Built Source
  1. Assessor