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84066 Olona Court
Indio, CA 92203
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!
PROPERTY INFORMATION
| MLS # | OC24204191 | Lot Size | 5,227 Sq. Ft. |
| HOA Fees | $300/Monthly | Property Type | Single Family Residence |
| Price | $ 814,000
Price Per SqFt: $ 348 |
DOM | 203 Days |
| Address | 84066 Olona Court | Type | Residential |
| City | Indio | Sq.Ft. | 2,338 Sq. Ft. |
| Postal Code | 92203 | Garage | 2 |
| County | Riverside | Year Built | 2007 |
| Bed / Bath | 4 / 2.5 | Parking | 2 |
| Built In | 2007 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Dryer Included, Individual Room, Washer Included |
| Has Fireplace | Yes |
| Fireplace Information | Family Room, Gas |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Gas Range, Microwave, Refrigerator |
| Kitchen Information | Walk-In Pantry |
| Kitchen Area | Breakfast Counter / Bar |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | Family Room, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet, Walk-In Pantry |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| Flooring Information | Carpet, Vinyl |
| InteriorFeatures Information | Furnished |
| DoorFeatures | Sliding Doors |
| EntryLocation | 1 |
| Entry Level | 1 |
| Has Spa | Yes |
| SpaDescription | Private, Gunite, Heated, In Ground |
| SecuritySafety | 24 Hour Security, Gated Community |
| Bathroom Information | Shower in Tub |
| Main Level Bedrooms | 1 |
| Main Level Bathrooms | 1 |
EXTERIOR FEATURES
| Has Pool | Yes |
| Pool | Private, Community, In Ground, Pebble |
| Has Patio | Yes |
| Patio | Patio |
| Has Fence | Yes |
| Fencing | Block |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $868
- Home Insurance:$119
- HOA Fees:$300
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/04/2024 | Listed | $819,000 |
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Listing provided courtesy of Keith Powers, Alta Realty Group CA, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
