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0 Upland Way Desert Hot Springs, CA 92240
$575,000 3 beds, 2 baths
2, 136 sqft
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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTORĀ® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
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Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915
Mission Viejo 23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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Fax: 949-587-0915
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Agent Remarks

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 Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 219114370PS
List price is $575,000 Reduced by $280,000 on 7/31/2024
Beds: 3
Baths: 2 (2 full)
Built in 2024
2,136 sqft
0.25 acres
Lot size: 0.2500
Subdivision: Not Applicable-1
County: Riverside
Appliances: Dishwasher,Electric Water Heater,Gas Cooking,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Range Hood,Vented Exhaust Fan,Water To Refrigerator
Parking description: Driveway
Lot description: Planned Unit Development,Sprinklers Timer,Sprinkler System
Heating/cooling: Central Air,Electric
Heating description: Central
MLS area: 340 - Desert Hot Springs

Last Updated: 3/27/2025

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This listing belongs to the 340 - Desert Hot Springs MLS area

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Lat/Long: 33.963519, -116.495076.
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Listing Agent: Gary Eastham
Lic#: 01234982
Office Name: Mission Viejo

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTORĀ® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com

Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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