NOT LISTED FOR SALE

74300 Candlewood St Palm Desert, CA 92260

-- Bed
-- Bath
-- Sq Ft
0.5 Acres

Last Sold May 03, 2013

Last sale price $900,000

384 Days on Market

About This Home

As of May 2013

Major upside-12 units are jr. 1+1, 2 are large 1+1 and 4 are Singles all units have patios. 5 vacancies currently, new owner can rehab units and increase rents at COE. 6 units are master metered buyer can seperate the meters for immediate utility savings. Absentee owner wants to sell! GRM is based on current rents and projections for the vacant units.

Last Agent to Sell the Property

Joshua Levy

Newmark Estates License #01068569 Listed on: 02/29/2012

Last Buyer's Agent

Joshua Levy

Newmark Estates License #01068569 Listed on: 02/29/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.5

Parking

  • 18 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • 1-Story Property
  • 0.5 Acre Lot

Community Details

  • 2 Buildings
  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number 625-191-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Stories: 1
  • Year Built: 1972
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 18

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 1051896
  • Assessed Land Value: 297394
  • Assessor Parcel Number: 625-191-008
  • Lot Size Area: 21614

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 6.75
  • Number Of Units: 18
  • Total Annual Expense: 62619
  • Type Of Units: res
  • Vacancy Rate: 5%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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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
05/03/2013 05/03/13 Sold $900,000 -9.5% --
03/19/2013 03/19/13 Pending -- -- --
02/29/2012 02/29/12 For Sale $995,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-585219

The MLS

APN: 625-191-008