0 Upland Way, Desert Hot Springs, CA 92240
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Listed Price :
$575,000
-
Beds :
3
-
Baths :
2
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Property Size :
2,136 sqft
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Year Built :
2024
Property Description
INVESTORS or LIVE IN A NEW HOME PLUS ADU CASH FLOW. One lot, - 2 homes= estimated GSI $67,200. Under construction on a 10,000sf lot, a new approx. 2136sf home & porch with Master Suite & a retreat, 2addl bedrooms and 2 ba. Master Bath with w/free stand tub, step in tile shower, A utility room with stack washer/dryer. Kitchen contains 28' stainless steal dbl door refrig, stainless steel Microwave, Gas Rang & oven w/stainless steel hood and dishwasher, A separate Dinning Room, Spacious Great Room. and ceiling fans throughout. AS AN ADDED FEATURE, There is an Opportunity to Rent ADU. This unit at an estimated Rate of $2200/$2400 per month on a Potential Estimated Income of $27,000 per year. THE STAND ALONE ADU BEING CONSTRUCTED ON THE LOT will feature a 966sf home with 3br/2ba. There is a Gazebo for relaxing, Washer/dryer, dishwasher, microwave, gas range/oven. All stainless steel appliances. Overhead fan throughout. INVESTMENT SCENARIO FOR BOTH HOMES.. RENTAL RATE. primary home $3200 x 12 = $38,400, Second Home $2400 x 12 = 28,800. Potential income $67,000 minus expenses $6,400, net income B-4 debt $57,440. New buyers have option to select their own finishes if under contract by 9-12-2024. Sellers can assist in obtaining First Trust Deed. No seconds allowed,
Interior Features
| Bedroom Information |
| Bedrooms |
3 |
| Bathroom Information |
| Bathrooms |
2 |
| Flooring Information |
| Material |
Laminate |
| Interior Information |
| Cooling Type |
Central Air, Electric |
Listing Information
| Address |
0 Upland Way |
| City |
Desert Hot Springs |
| State |
CA |
| Zip |
92240 |
| County |
Riverside |
| Listing Agent |
Gary Eastham DRE #01483745 |
| Courtesy Of |
HomeSmart Professionals |
| List Price |
$575,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
2,136 |
| Lot Size |
10,890 |
| Year Built |
2024 |
Listing information courtesy of: Gary Eastham, HomeSmart Professionals. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 16th, 2024 at 12:06 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
