See all 14 photos

$429,000

Est. payment - /mo

Save

2 Beds

2 Baths

1,886 SqFt

Price Dropped by $16K

43835 Mezzelune WAY Indio, CA 92203

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Oct

Fri

Oct

Sat

Oct

David Shearer

david@epiquerealty.com +1(949) 981-3431

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,886 sqft

Price per Sqft $227

Subdivision Fourseasonsterralago

MLS Listing ID 219135337DA

Bedrooms 2

Full Baths 2

HOA Fees $300/mo

HOA Y/N Yes

Year Built 2021

Lot Size 7,174 Sqft

Property Sub-Type Single Family Residence

Property Description

PRICED TO SELL!FULLY MANAGED 55+ RENTAL WITH LONG TERM TENANT IN PLACE AND PAID SOLAR! signed specifically for the hands-off investor, this new, tenant-occupied asset is now available at a reduced price of $429,000, offering immediate cash flow. The 6.48% CAP RATE is calculated after all operating expenses, including the full professional property management fee, are deducted. With this property, you're investing in a steady and predictable income stream rather than a job. Key highlights include: ✅ Fully Managed--enjoy zero operational hassle or landlord risk. ✅ Solar-Owned--an entirely owned solar system provides a strong operational hedge, enhancing NOI stability. ✅ NOI (Net Annual Profit)--a healthy $27,794. ✅ Low Risk--built in 2020, located in the highly desirable 55+ community of FOUR SEASONS AT TERRA LAGO, with a long-term tenant already in place.

Location

State CA

County Riverside

Area 309 - Indio North Of East Valley

Interior

Interior Features Breakfast Bar, Furnished, Open Floorplan, Recessed Lighting, Storage, Instant Hot Water, Walk-In Pantry, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Carpet, Tile

Inclusions paid solar panels

Fireplace No

Appliance Convection Oven, Dishwasher, Electric Oven, Electric Range, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water To Refrigerator, Water Purifier

Laundry Laundry Room

Exterior

Parking Features Direct Access, Driveway, Garage, Garage Door Opener

Garage Spaces 2.0

Garage Description 2.0

Fence Block, Brick, Privacy

Community Features Gated

Utilities Available Cable Available

Amenities Available Bocce Court, Billiard Room, Clubhouse, Controlled Access, Sport Court, Fitness Center, Fire Pit, Golf Course, Maintenance Grounds, Lake or Pond, Meeting Room, Management, Meeting/Banquet/Party Room, Other Courts, Barbecue, Picnic Area, Playground, Pet Restrictions, Recreation Room, Security, Tennis Court(s)

View Y/N Yes

View Mountain(s), Peek-A-Boo

Roof Type Tile

Porch Brick, Enclosed, Stone

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard, Drip Irrigation/Bubblers, Landscaped, Sprinkler System, Yard

Story 1

Entry Level One

Foundation Slab

Water Well

Level or Stories One

New Construction No

Others

HOA Name Terra Lago

HOA Fee Include Sewer

Senior Community Yes

Tax ID 696620039

Security Features Gated Community,24 Hour Security

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Green/Energy Cert Solar

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Devin Hindin Utopia Management Inc

GET MORE INFORMATION

David Shearer

Agent | License ID: 01217796

+1(949) 981-3431

43835 Mezzelune WAY Indio, CA 92203

David Shearer

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

43835 Mezzelune WAY