74140 Candlewood St, Palm Desert, CA 92260

These 11 units are located in an excellent Palm Desert neighborhood, south of Highway 111 & an easy walk to El Paseo. The complex consists of 3 tax parcels (625-171-007,008 & 009) with a street address of 74140 & 74176 Candlewood St. The listing price includes all 3 parcels. Three units were built in 2003 & offer 3 covered carport parking spaces. Eight units to the east, were built in 1962 & include an in-ground swimming pool that is available for use by all tenants. Separating the triplex and eight units, the middle tax parcel, is off-street parking for roughly 16 vehicles. The 3 newer units are separately metered, while the owner pays all utilities on the older 8 units. Seller requests that all 3 tax parcels be sold together. Owning the property as separate tax parcels would allow one or two parcels to be sold separately at some future time, or for the triplex to be refinanced using up to 30-year conventional financing (4 or less units) at some future time, both major benefits.