Residential Income Property with Golf
For Sale
$160,000
496-84136 Avenue 44, Indio, CA 92201
Wraparound deck overlooks the ninth-hole green within a land-owning 55+ active lifestyle resort community.
Property Size400 SF
Price / SF$400
Days on Market273
Property Features for 496-84136 Avenue 44
General Information
Standard status
Active
Size
400 SF
Property subtype
Manufactured In Park
Listing Agency:
Coldwell Banker Realty
(760) 345-2527
Listed By:
James Richmond · License #01729522
(760) 844-2030
Source:
Exprealty
Added: Jan 10
Changed: Oct 8
Last Checked: Oct 7 at 1:42PM
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 residential income property is situated within Rancho Casa Blanca, a 55+ active lifestyle resort community in Indio. The property features a wraparound deck with views toward the ninth-hole green, providing an outdoor setting oriented to the community’s golf course.
Rancho Casa Blanca encompasses 80 acres with 801 individual park model homes or RV sites. Community amenities include two large clubhouses, four satellite buildings with laundry facilities and mailboxes, six heated pools and spas, two tennis courts, eight pickleball courts, shuffleboard courts, a horseshoe pitch, and a fitness center. Residents also have access to an 18-hole par 3 golf course, a 9-hole putting course, two practice chipping and putting greens, and more than 60 clubs and classes.
Rancho Casa Blanca encompasses 80 acres with 801 individual park model homes or RV sites. Community amenities include two large clubhouses, four satellite buildings with laundry facilities and mailboxes, six heated pools and spas, two tennis courts, eight pickleball courts, shuffleboard courts, a horseshoe pitch, and a fitness center. Residents also have access to an 18-hole par 3 golf course, a 9-hole putting course, two practice chipping and putting greens, and more than 60 clubs and classes.
Key Highlights
- Wraparound deck with views of the 9th hole green
- Located within Rancho Casa Blanca, a 55+ active lifestyle resort community
- Rancho Casa Blanca spans 80 acres and includes 801 park model homes or RV sites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,475
Cap Rate
4.05%
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 4.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$119.8K
$104.9K – $139.8K
NOI $8,388 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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 - Wraparound deck overlooks the ninth-hole green within a land-owning 55+ active lifestyle resort community.
Where is this residential income property located?
The property is located at 496-84136 Avenue 44 Indio, CA.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Wraparound deck with views of the 9th hole green; Located within Rancho Casa Blanca, a 55+ active lifestyle resort community; Rancho Casa Blanca spans 80 acres and includes 801 park model homes or RV sites
