Upland Way
Desert Hot Springs, CA 92240
2136 sqft | 3 beds | 2 baths | 0.25 acres | #219114370PS
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,
Property Details
- Lot DescriptionPlannedUnitDevelopment, SprinklersTimer, SprinklerSystem
- Property SubtypeSingleFamilyResidence
- ViewDesert, Mountains
- SubdivisionNot Applicable-1
- MLS #219114370PS
- MLS #219114370PS
- FoundationSeeRemarks
- CountyRiverside
- Property TypePurchase
- Original List Price$855,000
- Cost575000
- Acres0.25
- Square Feet2136
- Year Built2024
- Bedrooms3
- Bathrooms2
- Full Baths2
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Gary Eastham (#PS48589)
Listing Office: HomeSmart Professionals (#PS4103)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
