Guaranteed Income Mobile Home
For Sale
$1,290,000
40265 Galindo Ct, Indio, CA 92203
Mobile home park with guaranteed income through 2041.
Property SizeContact for details
Days on Market140
Property Features for 40265 Galindo Ct
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1986
Stories
1
Units
14
Listing Agency:
HomeSmart Professionals
(760) 678-8110
Listed By:
Elena Hernandez Velazquez · License #01950347
(760) 678-8110
Source:
Elliman
Added: Apr 12
Changed: Aug 13
Last Checked: Aug 29 at 11:02AM
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 HomeSmart Professionals
Investment Insights
Based on property information with market context.
This mobile home park features 12 tenant-occupied units with rent guaranteed by the county through 2041. The owner's responsibilities are minimal, including providing free water service and maintaining general cleanliness of the park. Tenants are responsible for electricity, gas, and internet, as well as repairs to their individual units. In addition to the tenant-occupied units, the property includes two owner-owned mobile homes that generate separate rental income. The owner is responsible for repairs on the water well, but not for electricity or gas for the 12 tenant-occupied mobile homes. Tenants own their homes. An APN (Assessor's Parcel Number) has been assigned to each individual parking space. The county subdivided the parcels of land upon which the mobile homes are situated. The general property records still identify the owners as the legal owners.
Key Highlights
- Guaranteed rental income through 2041 via a county‑backed housing program.
- Low‑maintenance investment due to minimal owner responsibilities (water service and general park cleanliness for tenant‑occupied units).
- Tenants are responsible for their own electricity, gas, and internet, reducing owner expenses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Explore this area
Business Placement
Demographics for 92203, CA
31,366
Population
14,750
Households
2.1
Avg Household Size
42
Median Age
34%
College-Educated
89%
High-School Grad
18.5 sq mi
ZIP Area
1,695
Density / Sq Mi
$97,969
Median Household Income
$47,013
Median Earnings
$1,990
Median Rent
$496,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Mobile home park with guaranteed income through 2041.
Where is this mobile home & rv park located?
The property is located at 40265 Galindo Ct Indio, CA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Guaranteed rental income through 2041 via a county‑backed housing program.; Low‑maintenance investment due to minimal owner responsibilities (water service and general park cleanliness for tenant‑occupied units).; Tenants are responsible for their own electricity, gas, and internet, reducing owner expenses.
