For Sale
No HOANo HOA
Multi family home for sale at 40265 Galindo Ct, Indio, CA 92203 | MLS# 219146255DA | Listing updated on 2026-09-03
Photo 1 of Multi family home for sale at 40265 Galindo Ct, Indio, CA 92203 | MLS# 219146255DA | Listing updated on 2026-09-03
Photo 2 of Multi family home for sale at 40265 Galindo Ct, Indio, CA 92203 | MLS# 219146255DA | Listing updated on 2026-09-03
Photo 3 of Multi family home for sale at 40265 Galindo Ct, Indio, CA 92203 | MLS# 219146255DA | Listing updated on 2026-09-03
Photo 4 of Multi family home for sale at 40265 Galindo Ct, Indio, CA 92203 | MLS# 219146255DA | Listing updated on 2026-09-03
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Listed by: Elena Hernandez Velazquez (760) 678-8110 DRE #01950347, Salvador Hernandez DRE #01277108 | HomeSmart (760) 844-7500

$1,260,000

Monthly Est:$6,271

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

40265 Galindo Ct, Indio, CA 92203

$6,271/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1986

  • $-- HOA

  • 2.27 acres lot

  • --/sqft

Description

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

  • Houzeo last checked: 6 minutes ago
  • Listing updated: September 3, 2026 at 7:10 pm
  • Source: California Regional MLS-CA | MLS#: 219146255DA California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Riverside County

  • City

    Indio

  • Neighborhood

    --

  • Year Built

    1986

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    2.27 acres lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    219146255DA

  • MLS Status

    Active

  • Days on Market

    207

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Location

HOA Management

None, Owner there is not Mangment Comp

HOA Fees

$-/

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Other Other

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Flooring

    Carpet, Stone, Wood

  • Interior Features

    Built In Features

  • Sewer

    Other, Septic Tank

  • Appliances

    Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Propane Cooking, Propane Water Heater, Refrigerator, Water Heater

  • Cooling

    Central Air, Evaporative Cooling, Electric, Gas, Wall Window Units

  • Heating

    Central, Electric, Propane

Construction

  • Year Built

    Year Built: 1986

  • Home type

    Multi Family

  • Property Condition

    Repairs Cosmetic

  • Foundation Details

    Concrete Perimeter, Pier Jacks, Permanent

  • Roof

    Composition, Metal, Other

Utilities & Energy

  • Association Amenities

    Other

  • Water Source

    Other, Well

  • Parking Features

    Assigned, Direct Access, Driveway, Garage, Other, On Street

Other Features

  • Disclosures

    Call Agent, Exclusions Disclosure

  • Lot Features

    Corner Lot, Flag Lot, Level, Mineral Rights

  • Subdivision Name

    Not Applicable 1

  • Tenant Pays

    Cable Tv, Electricity, Exterior Maintenance, Gas, Insurance

Price History

DateEventPrice

07/20/2026

Source: mls_logoCalifornia Regional MLS-CA #219146255DA

Price Increased

$1,290,000 +9635.85%

$0/sqft

04/11/2026

Source: mls_logoCalifornia Regional MLS-CA #219146255DA

Price Decreased

$13,250 -99.00%

$0/sqft

04/10/2026

Source: mls_logoCalifornia Regional MLS-CA #219146255DA

Listed for Sale

$1,325,000 +5.16%

$0/sqft

04/10/2026

Source: mls_logoCalifornia Regional MLS-CA #219146255DA

Price Increased

$1,260,000 +51.81%

$0/sqft

11/15/2022

Source: mls_logoCalifornia Regional MLS-CA #219087057DA

Sold

$830,000

$0/sqft

Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 10:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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