32450 Candlewood Drive, Cathedral City, CA 92234
$1,800,000
Property Type:
Residential Income
Bedrooms:
40
Baths:
40
Square Footage:
20,000
Lot Size (sq. ft.):
50,530
Status:
Closed
Current Price:
$1,800,000
List Date:
7/02/2014
Last Modified:
11/17/2024
Description
Incredible investment opportunity! Gated, condo-quality apartment complex, comprised of 20 large units: 12 - 2BR/1.5BA units and 8 - 2BR/2BA units in three separate buildings. Exterior has been repainted. Property situated on over 50,000 sq. ft. of land. Ample parking with 20 covered spaces & 17 open spaces. Each unit separately metered for electric with individual hot water heaters in each unit. Plus, each unit offers air conditioning & washer/dryer hookups. Most offer newer cabinetry & appliances. Average unit size is quite large, estimated at over 900 sq. ft. & feature private back patios or balconies. Located on a tree-lined street surrounded by lush landscaping. Sparkling pool, approximately 500 sq. ft. in size! Within walking distance to Ramon Road, a major east/west artery. Tenants have excellent access to retail shopping, services, dining, and public transportation. Located between Palm Springs and Rancho Mirage, just minutes from the Palm Springs airport
More Information MLS# 214025359
Listing, Location and Property Info
Entry Date: 2014-07-02
Land Type: Fee
General Property Information
Total Units: 20
Price Per Unit: 110000
Fireplace: No
Pool: Yes
Total Bedrooms: 40
Full Baths: 28
Half Baths: 12
Total Baths: 40
Approx SqFt: 20000
Lot Acres: 1.16
Lot Size: 50530
Lot Size Source: Assessor
Year Built: 1990
Cross Streets: Ramon Road
Listing Info
Number of Buildings: 3
Tax Info
Tax Mello Roos: Unknown
Property Info
View: Yes
Counts
# Electric Meters: 20
# Gas Meter: 20
# Water Meters: 20
Sale Type
Standard: 1
Listing Terms
Cash: 1
Cash to New Loan: 1
Conventional: 1
Possession
Close Of Escrow: 1
Lot Description
Landscaped: 1
Level: 1
Rectangular Lot: 1
Street Public: 1
Lot Location
Near Public Transit: 1
View Type
Mountain(s): 1
Property Condition
Updated/Remodeled: 1
Disclosures
Property As Is: 1
Levels
Two: 1
Cooling Type
Central Air: 1
Pool Construction
In Ground: 1
Land Lease Type
Fee Simple: 1
Listing Location and Property Info
APN: 680190032
Status: Closed
Listing Date: 2014-07-01
Original List Price: 2200000
Sold Price: $1,800,000
Current Price: $1,800,000
Street #: 32450
Street Name: Candlewood
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92234
Area: 336 - Cathedral City South
Status Change Info
Status Change Date: 2014-09-12
Pending Date: 2014-09-08
Closed Date: 2014-09-08
Closed Price: 1800000
Property Features
Sale Type: Standard
Listing Terms: Cash; Cash to New Loan; Conventional
Possession: Close Of Escrow
Lot Description: Landscaped; Level; Rectangular Lot; Street Public
Lot Location: Near Public Transit
View Type: Mountain(s)
Property Condition: Updated/Remodeled
Disclosures: Property As Is
Levels: Two
Cooling Type: Central Air
Pool Construction: In Ground
Land Lease Type: Fee Simple
Listing Office:
Bennion Deville Homes
Listing Agent:
Beckloff Dye Associates
Last Updated: November - 17 - 2024
Information deemed reliable but not guaranteed.
