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$575,000

Beds
3
Baths
2.0
sq ft
2,136

00 Upland Way, Desert Hot Springs, CA 92240

00 Upland Way

Desert Hot Springs, CA 92240

  • 156 days on market
    • Price drop $280,000↓
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,

Details

Property type

Single Family Residence

Property condition

New Construction

Lot size

Unknown

Price per sq ft

$270

Year built

2024

Price History

07/31/2024
DesertArea

DesertArea #219114370

Price change
$575,000
-32.75%
07/30/2024
DesertArea

DesertArea #219114370

Price change
$855,000
-0.01%
07/30/2024
DesertArea

DesertArea #219114370

Price change
$855,100
+0.01%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 12/22/2024 at 7:30 PM

Listing updated: 10/15/2024 at 8:34 PM

Listed by: Gary W Eastham, HomeSmart Professionals Phone #: (760) 844-7500

MLS: DesertArea #219114370

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