Park Model Income
For Sale
$159,500
334-84136 Avenue 44, Indio, CA 92201
Covered outdoor living area includes a bar sink, washer/dryer, and patio furnishings.
Property Size400 SF
Price / SF$398.75
Days on Market274
Property Features for 334-84136 Avenue 44
General Information
Standard status
Active
Size
400 SF
Property subtype
Manufactured In Park
Property Condition
Severity
Repairs Needed
Evidence
needs a some upgrading
Additional Details
Multifamily Units
1
Amenities
covered wrap-around tiled deck
washer/dryer
bar sink
patio furniture
stainless appliances
large shed
golf course
putting course
practice greens
heated pools
spas
tennis courts
pickle ball courts
shuffleboard courts
horseshoe pitch
fitness center
clubs and classes
Building Details
Buildings
1
Listing Agency:
Coldwell Banker Realty
(760) 345-2527
Listed By:
James Richmond · License #01729522
(760) 844-2030
Source:
Exprealty
Added: Jan 9
Changed: Oct 5
Last Checked: Oct 7 at 4:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This park model includes tile flooring, custom cabinetry, stainless appliances, and a large storage shed. A covered wraparound tiled deck extends the living area and includes a washer/dryer, bar sink, and patio furniture. The home requires some upgrading, offering an interior that can be personalized.
The property sits at the 4th tee box with views toward the golf course, eastern mountains, and the lake. It is located within Rancho Casa Blanca, a 55+ active lifestyle resort community where owners own the land. The 80-acre community includes 801 individual park model homes or RV sites, two large clubhouses, four satellite buildings, heated pools and spas, tennis and pickleball courts, shuffleboard, horseshoes, a fitness center, and organized clubs and classes.
Recreational amenities include an 18-hole par 3 golf course, a 9-hole putting course, and two practice chipping and putting greens.
The property sits at the 4th tee box with views toward the golf course, eastern mountains, and the lake. It is located within Rancho Casa Blanca, a 55+ active lifestyle resort community where owners own the land. The 80-acre community includes 801 individual park model homes or RV sites, two large clubhouses, four satellite buildings, heated pools and spas, tennis and pickleball courts, shuffleboard, horseshoes, a fitness center, and organized clubs and classes.
Recreational amenities include an 18-hole par 3 golf course, a 9-hole putting course, and two practice chipping and putting greens.
Key Highlights
- Park model positioned at the 4th tee box with golf course, eastern mountain, and lake views
- Covered wraparound tiled deck with washer/dryer, bar sink, and patio furniture
- Tile flooring, custom cabinetry, stainless appliances, and large shed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,475
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,500
$129.5K
Cap Rate 7%
$92,500
$92.5K
Cap Rate 9%
$71,944
$71.9K
Market Conditions
NOI Build-Up for 400 SF
Gross rent
$12.0K $30.00/SF
− Vacancy
−$228 −$0.57/SF
EGI
$11.8K $29.43/SF
− OpEx
−$5.3K −$13.24/SF
NOI
$6.5K $16.19/SF
Area
Riverside County, CA
Vacancy
1.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,500
Cap Rate 7%
$92,500
Cap Rate 9%
$71,944
Alternative Uses
Best Use
Apartment 5plus
$92.5K
$80.9K – $107.9K
NOI $6,475 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$119.8K
$104.9K – $139.8K
NOI $8,388 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
402
Businesses Nearby
Explore this area
Business Placement
Demographics for 92201, CA
66,989
Population
26,241
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
70%
High-School Grad
16.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$66,663
Median Household Income
$35,527
Median Earnings
$1,349
Median Rent
$372,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Covered outdoor living area includes a bar sink, washer/dryer, and patio furnishings.
Where is this residential income property located?
The property is located at 334-84136 Avenue 44 Indio, CA.
What is the asking price?
The asking price for this property is $159,500.
What are key features of this property?
This property features: Park model positioned at the 4th tee box with golf course, eastern mountain, and lake views; Covered wraparound tiled deck with washer/dryer, bar sink, and patio furniture; Tile flooring, custom cabinetry, stainless appliances, and large shed
