1 of 41

Want to see this property?

84066 Olona Court

Indio, CA 92203

– beds
– baths
– sqft
5,227 sqft lot
2007 build
– on site

Discover this stunning 4-bedroom, 2.5-bathroom short-term rental (STR) in the heart of Indio, California. Offering a prime location near popular attractions and ample potential for investors, this fully furnished and turnkey property is poised for high returns. With a spacious 2,338sq. ft. layout, the home boasts an open concept design, modern finishes, and a tranquil outdoor oasis perfect for relaxation. The beautiful interior features a bright, open living area with vibrant accents, wood-style vinyl flooring, and designer lighting. A cozy fireplace creates a welcoming atmosphere in the living room, while the gourmet kitchen is equipped with stainless steel appliances, sleek cabinetry, and polished countertops. The generously sized bedrooms include a luxurious primary suite with a walk-in closet and ensuite bath complete with a soaking tub. Glass sliders lead to the expansive backyard, where you'll find a covered patio, multiple seating areas, and a heated salt-water pool and spa. Financially, this property offers strong returns with a projected gross revenue exceeding $125,000 annually, a self-managed cap rate of 11.5%, and a professionally managed cap rate of 9.8%. With all furniture, appliances, and operational items included in the sale, this home is a true turnkey investment. Whether you're seeking a high-performing investment property or a serene personal retreat, this Indio STR presents an unmatched opportunity. Don't miss your chance—schedule a showing today and make this income-generating property yours!

Listed By CRMLS_CA / Keith Powers / Alta Realty Group CA, Inc / 714-402-1357

Last checked: Checking… • Last updated Dec 7, 2024 •

MLS# OC24204206 —

This property is listed in more than one place. See it here, and here, and here.

The Building

Year Built:

2007
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

2338.00
Building Area Units:

Square Feet
Total Number Of Units:

1
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Number With Patio:

1
Common Walls:

No Common Walls
# of Separate Gas Meters:

1
# of Separate Water Meters:

1
# of Separate Electric Meters:

1

Interior

Features:

Ceiling Fan(s), Furnished, Pantry
Levels:

Two
Entry Location:

1
Flooring:

Carpet, Vinyl
Fireplace:

Yes
Fireplace:

Living Room, Gas
Laundry:

Dryer Included, Individual Room, Washer Included
Laundry:

1

Financial & Terms

Disclosures:

CC And R's, Licensed Vacation Rental

Location

Directions:

Golf Center Pkwy/Ave 44
Latitude:

33.73928500
Longitude:

-116.19818000

The Property

Property Type:

Residential Income
Subtype:

Single Family Residence
Property Condition:

Turnkey
Lot Features:

Yard
Lot Size Area:

5227.0000
Lot Size Acres:

0.1200
Lot Size SqFt:

5227.00
Lot Size Source:

Assessor
View:

1
View:

Mountain(s)
Fencing:

Block
Fence:

Yes
Security Features:

24 Hour Security, Gated Community
Exclusions:

None
Road Frontage:

Private Road
Road Surface Type:

Paved
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

452.22
Tax Tract:

316...
Tax Lot:

169

The Listing

Special Listing Conditions:

Standard
Parcel Number:

696020062

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Gas Range, Microwave, Refrigerator
Included:

Yes

The Community

Subdivision:

Terra Lago (30924)
Subdivision:

Terra Lago (30924)
Features:

Lake, Sidewalks, Street Lights
Inclusions:

All Furniture, Furnishings, Appliances, TV's, Electonics & everything else used to operate the STR
Association Amenities:

Sauna, Playground, Gym/Ex Room, Clubhouse, Recreation Room
Association:

Terra Lago
Association:

No
Association Fee:

$300
Association Fee Frequency:

Monthly
Pool:

Private, In Ground, Pebble
Senior Community:

No
Spa:

1
Private Pool:

Yes
Spa Features:

Private, Gunite, Heated, In Ground
Assessments:

Yes
Assessments:

CFD/Mello-Roos

Parking

Parking:

Yes
Parking:

Driveway, Garage, Garage Faces Front
Parking Spaces:

2.00
Garage Spaces:

2.00

Extra Units

Number With Disposal:

1
Number With Dishwasher:

1
Number With Refrigerator:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/9/24 Nov 9, 2024	Price Changed	CRMLS_CA	$814,000	-0.6%
10/4/24 Oct 4, 2024	Listed / Active	CRMLS_CA	$819,000	7.1% (4.2% / YR)
1/25/23 Jan 25, 2023		CRMLS_CA	$765,000	-2.5%

Want a closer look?

Go see 84066 Olona Court

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Indio, CA

Similar sold homes

This multifamily located in North Indio, Indio, CA 92203 is currently for sale for $814,000. 84066 Olona Court is a – square foot multifamily with – beds and – baths that has been on Estately for 79 days. 84066 Olona Court is in the North Indio neighborhood of Indio and has a WalkScore® of 6, making it car-dependent. This multifamily is in the attendance area of Shadow Hills High School, Desert Ridge Academy, and Andrew Jackson Elementary School.

Listing Courtesy of: CRMLS_CA and Alta Realty Group CA, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 20:44 on Dec 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.