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48066 Keaton Way

Indio, CA 92201
  • $1,400,000
  • STATUS: Active Under Contract
  • ON SITE: 30 Days
  • ID#: OC22150770
Under Contract
$1,400,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
314 - Indio South of East Valley
Type:
Multi-Family
Built:
2003
County:
Riverside
Area:
314 - Indio South of East Valley

School Ratings & Info

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Listing Agent(s): Keith Powers of Alta Realty Group Ca, Inc (888-504-5327)


Description

Meticulously Kept, 5 bedroom, 3 bath, pool home with NO HOA! Very Active TURNKEY Short Term Rental with great track record. Home shows like a model. Situated on amazing oversized lot. Rear yard offers large pool, spa, built in BBQ, and covered patio. Property is nicely landscaped with mature trees and extremely private on all sides. Close to shopping, restaurants and walking distance to the world famous Polo Grounds, home of the Coachella / Stagecoach Music Festival. This is a huge plus! All Furniture, Furnishings, Appliances, TV's and EVERYTHING else, used to operate this Short-Term Rental, is INCLUDED in the sale. ($117,938 Net Income - 8.4% Cap Rate - Self-Managed) ($80,500 Net Income - 5.8% Cap Rate - Professionally Managed)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-14T00:28:39.137. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.
www.americanrealestatehomes.com/homes/130888426
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48066 Keaton Way Indio, CA 92201

  • Price: $1,400,000
  • Status: Active Under Contract
  • On Site: 30 Days
  • ID#: OC22150770
0
Beds
0
Baths
0
½ Baths
0.2
Acres
2003
Built
Neighborhood:
314 - Indio South of East Valley
County:
Riverside
Area:
314 - Indio South of East Valley
Property Description
Meticulously Kept, 5 bedroom, 3 bath, pool home with NO HOA! Very Active TURNKEY Short Term Rental with great track record. Home shows like a model. Situated on amazing oversized lot. Rear yard offers large pool, spa, built in BBQ, and covered patio. Property is nicely landscaped with mature trees and extremely private on all sides. Close to shopping, restaurants and walking distance to the world famous Polo Grounds, home of the Coachella / Stagecoach Music Festival. This is a huge plus! All Furniture, Furnishings, Appliances, TV's and EVERYTHING else, used to operate this Short-Term Rental, is INCLUDED in the sale. ($117,938 Net Income - 8.4% Cap Rate - Self-Managed) ($80,500 Net Income - 5.8% Cap Rate - Professionally Managed)
Exterior Features

Exterior Features Awning(S)Lighting Fencing BlockExcellent Condition Foundation Details Slab Lot Features Back YardFront YardSprinklers In RearSprinklers In FrontLandscapedSprinklers TimerSprinklers On SideSprinkler System Number Of Separate Electric Meters 1 Open Parking Spaces 2 Parking Features ConcreteDoor-MultiDirect AccessDrivewayGarage Parking Total 4 Pool Features Gas HeatIn GroundPebblePrivateWaterfall Pool Private YN Yes Property Attached YN No Road Surface Type Paved Roof Spanish Tile Spa Features HeatedIn GroundPrivate Spa YN Yes View Mountain(S)NeighborhoodPool View YN Yes

Interior Features

Appliances 6 Burner StoveDishwasherDisposalGas OvenGas Water HeaterIce MakerMicrowaveRefrigeratorWater To RefrigeratorDryerWasher Common Walls No Common Walls Cooling Central Air Cooling YN Yes Door Features Double Door Entry Fireplace Features GasLiving Room Fireplace YN Yes Flooring CarpetTile Heating Central Heating YN Yes Interior Features Ceiling Fan(S)FurnishedHigh CeilingsPantryQuartz CountersStorageBedroom On Main LevelWalk-In PantryWalk-In Closet(S) Window Features Double Pane WindowsPlantation ShuttersTinted Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cable Tv Expense 2304 Cap Rate 5.8 Common Interest None Community Features CurbsDog ParkGutter(S)Park Disclosures Licensed Vacation Rental Electric Standard Electric Expense 5400 Exclusions Nothing Fuel Expense 6060 Garage YN Yes Gross Income 193200 Gross Scheduled Income 316721 Inclusions All FurnitureFurnishingsAppliancesTvs And Other Items Used To Operate This Short-Term Rental. Insurance Expense 1356 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInsideLaundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 2400 Net Operating Income 80500 New Construction YN No New Taxes Expense 17990 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 112700 Other Expense 27048 Pest Control Expense 360 Pool Expense 2160 Possession Close Of Escrow Property Sub Type Single Family Residence Rent Control YN No Security Features Security SystemCarbon Monoxide Detector(S)Fire Detection SystemSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Trash Expense 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 123521 Vacancy Allowance Rate 39 Water Sewer Expense 1980 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-14T00:28:39.137. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.
 
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American Real Estate List & Sell
6391 Magnolia Ave., B20
Riverside CA, 92505
Listing Agent(s): Keith Powers of Alta Realty Group Ca, Inc (888-504-5327)