CA > Desert Hot Springs
Desert Hot Springs, CA 92240,0 Upland WAY
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Cheri' Benjamin

Cheri' Benjamin

+1(404) 965-4080
$ 575,000
Est. payment /mo
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Active

0 Upland WAY Desert Hot Springs, CA 92240

3 Beds

2 Baths

2,136 SqFt

UPDATED:

10/16/2024 03:23 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

MLS Listing ID 219114370

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

Interior

Heating Central

Cooling Air Conditioning, Ceiling Fan(s), Central Air, Electric

Furnishings Unfurnished

Fireplace false

Exterior

Parking Features false

View Y/N true

View Desert, Mountain(s)

Private Pool No

Building

Story 1

Entry Level Ground

Sewer Public Hookup Available

Level or Stories Ground

Others

Senior Community No

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by HomeSmart Professionals

Cheri' Benjamin

+1(404) 965-4080

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0 Upland WAY