• Home type

    Single family

  • Year built

    2021

  • Lot size

    7,174 sq ft

  • Price per sq ft

    $227

  • HOA fees

    $300 / Mo

  • Last updated

    2 days ago

  • Views

    5


Questions? Call us: (442) 215-5696


Overview

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.


Interior

Appliances

  • Gas Cooktop, Microwave, Convection Oven, Self Cleaning Oven, Gas Oven, Electric Oven, Gas Range, Electric Range, Vented Exhaust Fan, Water Line to Refrigerator, Water Purifier, Refrigerator, Ice Maker, Disposal, Freezer, Dishwasher, Instant Hot Water

Bedrooms

  • Bedrooms: 2

Bathrooms

  • Total bathrooms: 2
  • Full baths: 2

Laundry

  • Individual Room

Cooling

  • Central Air

Heating

  • Central

Fireplace

  • None

Features

  • Storage, Recessed Lighting, Open Floorplan, Furnished, Living Room, Bonus Room, Butler Pantry, Retreat Room, Walk-In Closet(s)

Levels

  • One

Size

  • 1,886 sq ft

Exterior

Private Pool

  • No

Patio & Porch

  • Brick, Stone, Enclosed

Roof

  • Tile

Garage

  • Attached
  • Garage Spaces: 2
  • Direct Garage Access
  • Driveway
  • Garage Door Opener

Carport

  • None

Year Built

  • 2021

Lot Size

  • 0.16 acres
  • 7,174 sq ft

Waterfront

  • No

Water Source

  • Well

Community Info

HOA Fee

  • $300
  • Frequency: Monthly
  • Includes: Barbecue, Tennis Court(s), Sport Court, Recreation Facilities, Playground, Picnic Area, Management, Meeting Room, Maintenance Grounds, Lake, Trail(s), Golf Course, Fire Pit, Gym, Clubhouse, Controlled Access, Biking Trails, Billiard Room, Meeting/Banquet/Party Room, Bocce Court, Utilities, Trash, Sewer, Security, Cable TV, Paid Clubhouse

Senior Community

  • Yes

Location

  • City: Indio
  • County/Parrish: Riverside

Listing courtesy of: Devin Hindin, Utopia Management Inc

MLS ID: 219135337DA

Crmls

Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2025 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Four Seasons at Terra Lago Real Estate Agent

Want to learn more about Four Seasons at Terra Lago?

Here is the community real estate expert who can answer your questions, take you on a tour, and help you find the perfect home.

Get started today with your personalized 55+ search experience!

Want to learn more about Four Seasons at Terra Lago?

Get in touch with a community real estate expert who can answer your questions, take you on a tour, and help you find the perfect home.

Get started today with your personalized 55+ search experience!

Homes Sold:

55+ Homes Sold:

Sold for this Community:

Avg. Response Time:

Global - Lead Form - Buyer Only
*55places does not provide or maintain community HOA information.
By requesting more information, you agree that 55places placeholder may call, text, or email you about your inquiry, which may be made with automated means (including recorded voice messages, SMS, or text messages). You understand that your consent is not a prerequisite for buying, selling or renting a property. You may revoke your consent at any time by contacting [email protected]. Message/data rates may apply. You also agree to 55places.com's Privacy Policy and Terms of Use.

Community Key Facts

Four Seasons at Terra Lago

Age Restrictions

  • 55+

Amenities & Lifestyle

  • See Four Seasons at Terra Lago amenities
  • See Four Seasons at Terra Lago clubs, activities, and classes

Homes in Community

  • Total Homes: 682
  • Home Types: Single-Family

Gated

  • Yes

Construction

  • Construction Dates: 2014 - Present
  • Builder: K. Hovnanian, K. Hovnanian Homes

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Four Seasons at Terra Lago Real Estate Agent

Want to learn more about Four Seasons at Terra Lago?

Here is the community real estate expert who can answer your questions, take you on a tour, and help you find the perfect home.

Get started today with your personalized 55+ search experience!

Want to learn more about Four Seasons at Terra Lago?

Get in touch with a community real estate expert who can answer your questions, take you on a tour, and help you find the perfect home.

Get started today with your personalized 55+ search experience!

Homes Sold:

55+ Homes Sold:

Sold for this Community:

Avg. Response Time:

Global - Lead Form - Buyer Only
*55places does not provide or maintain community HOA information.
By requesting more information, you agree that 55places placeholder may call, text, or email you about your inquiry, which may be made with automated means (including recorded voice messages, SMS, or text messages). You understand that your consent is not a prerequisite for buying, selling or renting a property. You may revoke your consent at any time by contacting [email protected]. Message/data rates may apply. You also agree to 55places.com's Privacy Policy and Terms of Use.

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