0 Upland WAY, Desert Hot Springs, CA 92240 - MLS#219114370PS

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Katrina Smith

katrina.smith@pinpointproperties.com +1(949) 209-9004

$575,000

Est. payment - /mo

3 Beds

2 Baths

2,136 SqFt

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UPDATED:

12/05/2024 01:54 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

Subdivision Not Applicable-1

MLS Listing ID 219114370PS

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,

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Rooms

Other Rooms Guest House, Gazebo

Interior

Heating Central

Cooling Central Air, Electric

Flooring Laminate

Fireplace No

Appliance Dishwasher, Electric Water Heater, Gas Cooking, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Water To Refrigerator

Exterior

Parking Features Driveway

Carport Spaces 2

View Y/N Yes

View Desert, Mountain(s)

Attached Garage No

Total Parking Spaces 6

Private Pool No

Building

Lot Description Planned Unit Development, Sprinklers Timer, Sprinkler System

Story 1

Foundation See Remarks

Additional Building Guest House, Gazebo

New Construction Yes

Others

Senior Community No

Tax ID 639322015

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard

Lease Land No

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Listed by Gary Eastham • HomeSmart Professionals

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Katrina Smith

+1(949) 209-9004

Broker | DRE#01915697

Broker DRE#01915697