Desert Hot Springs, CA 92240,0 Upland WAY
$575,000
Est. payment /mo
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3 Beds
2 Baths
2,136 SqFt
Active

0 Upland WAY Desert Hot Springs, CA 92240

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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 Sub-Type Single Family Residence

Property Description

NEW CONSTRUCTION. a 3 unit, detached home project is underway in the Hills of Desert Hot Springs. The units are all 3br,2ba. Approximately 1400 sf. All homes will showcase water proof flooring, corian kitchen counter tops with wooden cabinets and stainless steel 25 cu. ft. refrigerator, macro wave, Gas range, and dishwasher. There is a full laundry room washer/dryer and pantry shelves. The bedroom and living room show overhead fans with full carpets. The master bath contains a full 60-inch shower and stand alone tub. There is A/C throughout and carports with work cabinets. The hillside location provides valley v8ews and only 5 minutes to downtown area.
The rental income will produce approximately $68,000 of Net income before debt service. The tax benefit will $ per year on a 15 year Accelerated Depreciation., effectively providing Tax Deferred income. Consult your Tax Advisor to determine the estimated amount based on the projected income the approximate $68,000.
Anticipated tax reduction based on 27 1/2 year straight-line depreciation schedule. Year 1 includes 60% of landscaping and other costs, $38,734 Year 2 through 27 1/2 $24,334 equals $671,417

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

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agent

Jason Tomei

Agent | RE.S.0176035

+1(702) 819-9438

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0 Upland WAY