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,
|
DAYS ON MARKET
|
128
|
LAST UPDATED
|
7/31/2024
|
|
TRACT
|
Not Applicable-1
|
YEAR BUILT
|
2024
|
|
COMMUNITY
|
Desert Hot Springs
|
COUNTY
|
Riverside
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
|
Prior to Jul 31, '24
|
$855,000
|
| Jul 31, '24 - Today |
$575,000 |
| AIR |
Central Air, Electric |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Electric Water Heater, Gas Cooking, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan, Water To Refrigerator |
| AREA |
Desert Hot Springs |
| GARAGE |
Driveway |
| HEAT |
Central |
| LOT |
0.25 acre(s) |
| LOT DESCRIPTION |
Planned Unit Development, Sprinkler System, Sprinklers Timer |
| PARKING |
Driveway |
| STORIES |
1 |
| SUBDIVISION |
Not Applicable-1 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Desert,Mountain(s) |
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Listed with HomeSmart Professionals
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 9:23 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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