$575,000
Active
58 Days Online
3 Beds2 Baths2,136 SQFT
Active

Upland Way Desert Hot Springs, CA 92240

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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

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Monthly Payment (Est.)

$2,889
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