$1,405,000
SOLD JAN 6, 2017

74140 Candlewood St Palm Desert, CA 92260

South Palm Desert Neighborhood
6 Beds
6 Baths
2,966 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$474 Per Sq Ft

61 Days on Market

Highlights

  • Heated In Ground Pool
  • 1-Story Property
  • Laundry Facilities
  • Palm Desert High School Rated A
  • Forced Air Heating System

About This Home

As of January 2017

Walking distance TO EL PASEO & Washington Charter Elementary School. This property is being sold together with 74176 Candlewood for a total of 11 units. 74140 is a triplex (all 2/2s) built in 2003. 74176 is an 8 unit building that has been updated/remodeled. Owners will only sell together. Typically full and many tenants stay for a long time. The unit mix is ONE-3bdm/2ba, THREE- 2bdm/1.5ba, ONE- 2bdm/1ba, 6- 1bdm/1ba. with one large fenced pool shared by both bldgs.

Last Agent to Sell the Property

Nan Lanros

Keller Williams Realty License #00924251 Listed on: 08/22/2016

Last Buyer's Agent

Diana Wickler

Desert Cities REALTORS® License #01743156

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Stucco Exterior

Interior Spaces

  • 2,966 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 4 Carport Spaces
  • 7 Car Parking Spaces

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for electricity, water, pool service, gas, gardener
  • Assessor Parcel Number 625171007

Community Details

Overview

  • 11 Units

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Community Pool

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $2,500
  • Trash Expense $1,992
  • Operating Expense $35,738
  • Gross Income $120,598
  • Net Operating Income $84,860

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 127272.00
  • Included In Sale: Washers, dryers and refrigerators and appliances per inventory
  • List Price per Sq Ft: 472.02
  • Lp Sp Ratio: 1.0036
  • Water District Name: Coachella Valley Water District
  • Year Built: 2003
  • Internal Listing I D: 20190608184734329349000000
  • Listing I D: 216024588
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 13279 Palm Drive, Suite 8, Desert Hot Springs, CA 92240
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 10
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Disposals: 3
  • Number of Ranges: 3
  • Total Bedrooms: 6
  • Half Bathrooms: 3
  • Total Bathrooms: 6.00
  • Full Bathrooms: 3
  • Laundry: Community
  • Estimated Sq Ft: 2966.00

Exterior Features

  • Construction: Stucco
  • Pool: Yes
  • Pool Accessories: Safety Fence, Safety Gate
  • Pool Construction: Gunite, In Ground
  • Pool Description: Not Heated
  • Pool Location: Community

Garage/Parking

  • Parking Info Total Carport Spaces: 4.00
  • Parking Info Total Parking Spaces: 7.00

Utilities

  • TV Svcs: Cable TV
  • Number Electric Meters: 3
  • Number Water Meters: 3
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In Street Paid
  • Water: Water District
  • Water Heater Feature: Gas
  • Number Gas Meter: 3
  • Water Heater: Yes
  • Laundry Type: Yes

Association/Amenities

  • Community Features: Community Mailbox

Lot Info

  • Assessor Parcel Number: 625171007
  • Lot Size: 7841.00

Rental Info

  • Owner Pays: Electricity, Water, Pool Service, Gas, Gardener
  • Tenant Pays: Cable TV, Electricity, Gas
  • Land Lease Type: Fee Simple

Multi Family

  • Number Of Dishwashers: 3
  • Number Of Refrigerators: 3
  • Total Units: 11

MLS Schools

  • Other Schools: College of the Deser
  • School District: Desert Sands Unified

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $1,405,000 +0.4% $474 / Sq Ft
10/22/2016 10/22/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $1,400,000 +36.6% $472 / Sq Ft
07/10/2013 07/10/13 Sold $1,025,000 -8.9% $131 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $1,125,000 -- $144 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nan Lanros

    Keller Williams Realty

  • D

    Buyer's Agent in 2017

    Diana Wickler

    Desert Cities REALTORS®

    Section Image

  • D

    Seller's Agent in 2013

    Doug Fischer

    Coldwell Banker Realty

    Section Image

  • R

    Seller Co-Listing Agent in 2013

    Richard Chamberlin

    Coldwell Banker Realty

  • L

    Buyer's Agent in 2013

    Lisa Jobe

    Bennion Deville Homes

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216024588

California Desert Association of REALTORS®

APN: 625-171-007

California Riverside County Palm Desert 92260 South Palm Desert

74140 Candlewood St, Palm Desert, CA

This home is located at 74140 Candlewood St, Palm Desert, CA 92260 and is currently priced at $1,405,000, approximately $473 per square foot. This property was built in 2003. 74140 Candlewood St is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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