0 Upland Way
Desert Hot Springs, CA, 92240
$575,000
3 Beds
2 Baths
2,136 SqFt
0.25 Acres
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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
LISTING AGENT: Gary Eastham
LISTING BROKERAGE: HomeSmart Professionals
0 Upland Way
Desert Hot Springs, CA

Property Details

Price:
$575,000
MLS #:
219114370PS
Status:
Active
Beds:
3
Baths:
2
Address:
0 Upland Way
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
340deserthotsprings
City:
Desert Hot Springs
Listed Date:
Jul 18, 2024
State:
CA
Finished Sq Ft:
2,136
ZIP:
92240
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
2024
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Schools

Interior

Appliances
Vented Exhaust Fan, Microwave, Gas Oven, Gas Range, Water Line to Refrigerator, Refrigerator, Gas Cooking, Disposal, Dishwasher, Electric Water Heater, Range Hood
Cooling
Electric, Central Air
Flooring
Laminate
Heating
Central

Exterior

Foundation Details
See Remarks
Garage Spaces
0.00
Lot Features
Sprinkler System, Sprinklers Timer, Planned Unit Development
Parking Features
Driveway
Parking Spots
6.00
Stories Total
1
View
Desert, Mountain(s)

Financial

Map

Community

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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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