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0 Upland Way, Desert Hot Springs, CA 92240
$575,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
2,136
sqft
Built in
2024
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 & Amenities
Interior
- Appliances:
- Dishwasher,Electric Water Heater,Gas Cooking,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Range Hood,Vented Exhaust Fan,Water To Refrigerator
- Flooring:
- Laminate
- A/C:
- true, Central Air,Electric
- Heating:
- true, Central
Exterior
- General:
- Guest House,Gazebo
- Other Structures:
- Guest House,Gazebo
- Parking:
- Driveway, Parking spaces: 6
Construction
- General:
- 1, See Remarks
Location
- Originating MLS:
- CRMLS
- County:
- Riverside
Lot
- Zoning:
- 639322015
- View:
- Desert,Mountain(s), View
Financial
- Source:
- CRMLS
This listing courtesy of:
HomeSmart Professionals, Gary Eastham
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Desert Hot Springs, CA
Housing
- Number of Units
- 23,126
- Median Home Value
- $200,074
- Median Rent
- $907
36.01% of housing units are renter occupied.
17.89% are vacant.
Commute
- Car
-
78.46%
- Public Transportation
-
1.42%
- Walk to Work
-
0.96%
- Work from Home
-
17.29%
- Other
-
1.54%
The median travel time to work is 24 minutes.
People
- Population
- 54,005
- Median Age
- 38.00
- Median Household Size
- 2.49
Education
- High School
-
28.09%
- Associate’s Degree
-
7.88%
- Bachelor’s Degree
-
10.65%
- Graduate Degree
-
6.62%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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