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Millman Team Real Estate

$1,260,000
2.27 Acre Lot

40260 Galindo Court, Indio, California 92203

  • Residential Income Property Type
  • Driveway Cars Garage
  • 1986 Year Built
Property 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

Basic Details
Residential Income
For Sale
219146255DA
$1,260,000
City Lights, Desert, Hills
1986
2.27 Acre
Active
1
: Composition, Other, Metal
Features
: Central, Electric, Propane
: Gas, Central Air, Electric, Evaporative Cooling, Wall/Window Unit(s)
: Driveway, Garage, Direct Access, Assigned, On Street, Other
14.0
: Carpet, Wood, Stone
: Built-in Features
: Other, Septic Tank
$0
Appliances
: Dishwasher, Gas Oven, Gas Range, Microwave, Disposal, Refrigerator, Water Heater, Propane Water Heater, Propane Cooking
Address Map
CA
Riverside
Indio
Not Applicable-1
92203
Galindo
40265
Court
W117° 43' 29.1''
N33° 45' 21.6''
Take Jefferson North to Avenue 40 and make a left. Then turn left onto Galindo. The property is located on the right side of the street.USE GPS -
Additional Information
$0
$0
$0
$0
$0
Other
14
: Concrete Perimeter, Permanent, Pier Jacks
14.0
: One
: Corner Lot, Level, Flag Lot, Mineral Rights
14
2026-04-11
1290000
1
1
: Well, Other
Broker/Agent Information
Home Smart
Elena Hernandez Velazquez
Listing Information
Salvador Hernandez
D21103
o D22725
Home Smart
D79589
oD8644
Cash, 1031 Exchange
Active
2026-09-03T19:10:21Z
CRMLS
: Standard
2026-04-10T22:00:00Z
Agent info
Ray Millman
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