$575,000
0 Upland WAY Desert Hot Springs, CA 92240
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$575,000
Est. payment /mo
3 BD
2 BA
2,136 SqFt
Active
0 Upland WAY Desert Hot Springs, CA 92240
UPDATED:
10/16/2024 03:23 AM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,136 sqft
Price per Sqft $269
MLS Listing ID 219114370
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 2024
Lot Size 10,890 Sqft
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,
Sellers can assist in obtaining First Trust Deed. No seconds allowed,
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Heating Central
Cooling Air Conditioning, Ceiling Fan(s), Central Air, Electric
Furnishings Unfurnished
Fireplace false
Exterior
Garage false
View Y/N true
View Desert, Mountain(s)
Private Pool No
Building
Story 1
Entry Level Ground
Sewer Public Hookup Available
Level or Stories Ground
Others
Senior Community No
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by HomeSmart Professionals
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