Active

0 Upland Way

Desert Hot Springs CA, 92240

$575,000


$269.19 per sqft

Active

3 Beds

2 Baths

2,136 sqft

Residential

Built in 2024

Listed by Gary Eastham with HomeSmart Professionals (760) 660-0482

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,

219114370PS

MLS ID

July 20, 2024

Listed

October 17, 2024

Updated

Map

0 Upland Way
Desert Hot Springs CA, 92240

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2


Full Bathrooms

2


Appliances

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


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.25 Acres


Lot Features

Planned Unit Development, Sprinklers Timer, Sprinkler System

Other Property Details

Area Name

340 - Desert Hot Springs


Days on Market

86


Garage

No


Parking

Driveway


Parking Total

6


View

Yes


View Description

Desert, Mountain(s)


County

Riverside


Pool

No

Listing History

Date

Event

Price

7/31/2024

Price change

$575,000

-33%

7/30/2024

Price change

$855,000

-1%

7/30/2024

Price change

$855,100

0%

Listing Contact: (760) 844-7500 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/17/2024 at 7:55 PM UTC

 

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