0 Upland Way

Desert Hot Springs, CA 92240

PRICE REDUCED

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-$280,000 (-32.75%)

$575,000

List Price

3

bed Beds

2

shower Baths

2,136 sqft

straighten / sqft

2024

calendar_month Built

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,

Listing Information

List Price $575,000
Status Active
MLS 219114370PS
Type Residential
Subtype Single Family Residence
Year Built 2024
Lot Size 10,890
Structure Size 2,136
DOM 135
Courtesy Of HomeSmart Professionals
Listing Agent Gary Eastham DRE#01483745

Interior Features

Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 2
Flooring Information
Material Laminate
Cooling Type
Cooling Type Central Air, Electric

Exterior Information

Other Structures
Structures Guest House,Gazebo
View Yes

Maps

Listing information courtesy of: Gary Eastham, HomeSmart Professionals (760) 660-0482. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 1:54 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.