32450 Candlewood Drive, Cathedral City, CA 92234 (MLS# 214025359)

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

Overview

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

Listing Details MLS# 214025359

General Property Information

Total Units
20
Total Bedrooms
40
Full Baths
28
Half Baths
12
Total Baths
40
Approx SqFt
20000
Price Per Unit
110000
Fireplace
No
Pool
Yes
Lot Acres
1.16
Lot Size Source
Assessor
Year Built
1990
Cross Streets
Ramon Road

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 Location and Property Info

APN
680190032
Original List Price
2200000
Street #
32450
Street Name
Candlewood
Street Suffix
Drive
County
Riverside
State
CA
Zip Code
92234
Area
336 - Cathedral City South

Listing Info

Number of Buildings
3

Tax Info

Tax Mello Roos
Unknown

Status Change Info

Status Change Date
2014-09-12
Pending Date
2014-09-08
Closed Date
2014-09-08
Closed Price
1800000

More Information

Counts

# Electric Meters
20
# Gas Meter
20
# Water Meters
20

Listing, Location and Property Info

Entry Date
2014-07-02
Land Type
Fee

Property Info

View
Yes

Sale Type

Standard
Yes

Listing Terms

Cash
Yes
Cash to New Loan
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Lot Description

Landscaped
Yes
Level
Yes
Rectangular Lot
Yes
Street Public
Yes

Lot Location

Near Public Transit
Yes

View Type

Mountain(s)
Yes

Property Condition

Updated/Remodeled
Yes

Disclosures

Property As Is
Yes

Levels

Two
Yes

Cooling Type

Central Air
Yes

Pool Construction

In Ground
Yes

Land Lease Type

Fee Simple
Yes
Listing Office: Bennion Deville Homes
Listing Agent: Beckloff Dye Associates
Last Updated: November - 17 - 2024
Information deemed reliable but not guaranteed.
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