$2,675,000
Chandler, AZ 85225
MLS# 6635709
Status: Closed
22 beds | 21 baths
1 / 14
Property Description
Well kept investment property located near Downtown Chandler. All units are currently tenant occupied. All tenants are on a month to month lease. Sold As Is. No CarryBack
Details
Contract Info
Current Price: $2,675,000
Sold Price: $2,675,000
Status: Closed
List Date: 2023-11-30
Ownership: Fee Simple
Location, Tax & Legal
House Number: 1014
Compass: N
Street Name: CALIFORNIA
St Suffix: Street
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85225
Zip4: 6680
Country: US
County Code: Maricopa
Subdivision: OLSEN ADDITION
Assessor Number: 302-73-025-A
Tax Year: 2023
General Property Description
Lot Size Dimensions: 13113
Year Built: 1966
Uncvrd Parking Spcs: 21
Total # of Units: 21
# of Buildings: 2
Zoning: mf-2
Elementary School District: Chandler Unified District
High School District: Chandler Unified District
Legal Info
Township: 1S
Range: 5E
Section: 21
Lot Number: 25
Efficiency Units
# Efficiency Units: 16
Avg Rent: 900
Avg SqFt: 350
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 1000
Avg SqFt: 700
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1100
Avg SqFt: 950
# Baths: 1
Structure
Bedrooms Total: 22
Bathrooms Total: 21
Showing Notification Methods
Showing Service: No Showing Service Used
Contact Info
List Agent Home Phn: 520-233-2894
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Cross Street: Ray Rd and Arizona Ave Di
Directions: West on Ray Rd and north on California St.
Geo Lat: 33.320909
Geo Lon: -111.844875
Status Change Info
Off Market Date: 2024-08-16
Under Contract Date: 2024-07-15
Close of Escrow Date: 2024-09-09
Sold Price: $2,675,000
Income Expenses
Gross Annual Sch Inc: 207400
Net Operating Income: 185442
Property Features
Project Type: 13 - 24 Units
Construction: Block
Const - Finish: Painted
Roofing: Composition; Foam
Floors: Ceramic Tile
Sale Includes: Laundry Equipment
Community Features: No Pool
Exterior Amenities: Landscape Water System; Green Landscaping; Patio/Balcony; Security Light(s)
Interior Features: Fire/Smoke Alarm(s)
Appliances Included: Free-Standing Range; Refrigerator
Heating: Window/Wall Unit(s)
Cooling: Window/Wall Unit
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: 1 Space/Unit
Road Surface Type: Gravel; Concrete
Owner Pays: Water; Electric; Gas; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Conventional
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
New Financing: Conventional; No Carry
Environmental: None
Listing Office: DeLex Realty
Office Phone: 602-910-3002
Office Email: [email protected]
Last Updated: July - 02 - 2026
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