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Desert Hot Springs,CA 92240
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219114370PS
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 2024
Lot Size 10,890 Sqft
Acres 0.25
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
Rooms
Other Rooms Guest House,Gazebo
Interior
Heating Central
Cooling Central Air,Electric
Flooring Laminate
Fireplace No
Appliance Dishwasher,Electric Water Heater,Gas Cooking,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Range Hood,Vented Exhaust Fan,Water To Refrigerator
Exterior
Garage Driveway
Carport Spaces 2
View Y/N Yes
View Desert,Mountain(s)
Parking Type Driveway
Attached Garage No
Total Parking Spaces 6
Private Pool No
Building
Lot Description Planned Unit Development,Sprinklers Timer,Sprinkler System
Story 1
Foundation See Remarks
Additional Building Guest House,Gazebo
New Construction Yes
Others
Senior Community No
Tax ID 639322015
Acceptable Financing Cash to New Loan,Conventional
Listing Terms Cash to New Loan,Conventional
Special Listing Condition Standard