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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,

Features
: Central
: Electric, Central Air
: Mountain(s), Desert
1
0
Additional Information
HomeSmart Professionals
0
PS48589
PS4103
Gary
639322015
: Standard
: Guest House, Gazebo

Single Family Residence For Sale

0 Upland Way, Desert Hot Springs, California 92240

3 Bedrooms
2 Bathrooms (Full)
2,136 Sqft
$575,000
Listing ID #219114370PS
Basic Details
Status : Active
DaysOnMarket : 17
Property Type : Single Family Residence
Listing Type : For Sale
Listing ID : 219114370PS
Price : $575,000
Bedrooms : 3
Bathrooms : 2
Living Area : 2,136 Sqft
Lot Size : 10,890 Sqft
Year Built : 2024
Country : US
State : California
County : Riverside
City : Desert Hot Springs
Zipcode : 92240
Price Per Square Foot : $269
Subdivision : Not Applicable-1
Bathrooms (Full) : 2
ModificationTimestamp : 2024-08-07 09:20:04
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