Address
1014 N CALIFORNIA Street, Chandler, AZ
Price
$ 2,999,999
Property Attributes
  • MLS#6635709
  • TypeMulti-Family
  • CountyMARICOPA
  • CityChandler
  • NeighborhoodOLSEN ADDITION
  • Zip85225
  • StyleMultiple Dwellings
  • Year Built1966
  • Taxes$ 5358
  • Price$ 2,999,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
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

Price History
11/30/2023 Listed $2,999,999

General Features

Sewer Public Sewer
Roof Composition,Foam
Zoning mf-2
Construction Materials Painted,Block
Year Built 1966
Electric SRP
Tenant Pays Electricity
Township 1S
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 210600.0
OwnerPays Gas,Electricity,Trash Collection,Water,Sewer
Community Features No Pool
County Maricopa
Net Operating Income 185442.0
Operating Expense 25158.0
Insurance Expense 4300.0
Property Type Multiple Dwellings
Attached Garage No
Subdivision Name OLSEN ADDITION
Garage Y/N No
Status Active
Directions West on Ray Rd and north on California St.
City Chandler
Buyer Agent Compensation 2.50
Disclosures Seller Prop Disc Stm
View Y/N No
High School District Chandler Unified District
Open Parking Spaces 21.0
Total Units 21
Lot Size Square Feet 0.0
Carport Y/N No
Street Name CALIFORNIA
Tax Annual Amount 5358.0
Electric Expense 1100.0
Current Financing Non Assumable
Fuel Expense 4100.0
Trash Expense 4700.0
Water Sewer Expense 4300.0
Lease Renewal Y/N No
Additional Parcels Y/N Yes
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 89
Standard Status Active
Occupancy Description Tenant
Elementary School District Chandler Unified District
Tax Lot 25
Cap Rate 6.18
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community None

Interior Features

Flooring Ceramic Tile
Air Conditioning Y/N Yes
Heating Y/N No
Street Suffix Street
Electric On Property Y/N No

Exterior Features

Parking Features 1 Space/Unit
Water Source City Franchise
Total Parking 21.0
Lot Size Area 0.0
Number of Buildings 2
Spa No
Lot Dimensions 13113
Lot Size Acres 0.0
Road Surface Type Gravel,Concrete
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85225

Price
AVG $1.58M
$3M
Taxes
AVG $2,514
$5,358
Visits
AVG 77
144
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1966

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