Upland Way Desert Hot Springs, CA 92240
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
- Property TypeSingle Family Home
- NeighborhoodNot Applicable-1
- CountyRiverside
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site58 Days
- MLS StatusActive
- MLS ID Number219114370PS
- Home Size Source N/A
- Year Built2024
- Lot Size0.25 Acres
- Full Baths2
- Partial BathsN/A
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General Features
- Parking Driveway
- Parking Spaces 6
- Number of Stories 1
- Acreage 0.25
- Property Sub Type Single Family Residence
- Garage Spaces 0
- Attached Garage No
- Foundation See Remarks
- Listing Conditions Standard
Interior Features
- Cooling ElectricCentral Air
- Heating Central
- Appliances Vented Exhaust FanMicrowaveGas OvenGas RangeWater Line to RefrigeratorRefrigeratorGas CookingDisposalDishwasherElectric Water HeaterRange Hood
- Flooring Laminate
- Fireplace No
Exterior Features
- View DesertMountain(s)
- Spa No
- Lot Sprinkler SystemSprinklers TimerPlanned Unit Development
- Other Structures GazeboGuest House
Community Features
- Senior Community No
- MLS Area 340 - Desert Hot Springs