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1100 N California Street

Chandler, AZ 85225
  • $950,000
  • STATUS: Active Under Contract
  • ON SITE: 66 Days
  • MLS #: 6468311
Under Contract
UPDATED: 59 min ago
$950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1971
County:
Area:

School Ratings & Info

Description

Proven Value-Add fourplex located near Downtown Chandler. Owner has made significant capital improvements to the property. New sewer lines, addition of private yards, next exterior stucco and paint, new landscaping, and one unit fully renovated with washer and dryer in unit. Leases on unrenovated units are expiring January 2023, can complete remaining unit renovations quickly.

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Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Allison Mikes | North & Co.. Data last updated 2022-11-29T15:23:43.253.
www.allisonmikes.com/homes/133376813
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1100 N California Street Chandler, AZ 85225

  • Price: $950,000
  • Status: Active Under Contract
  • On Site: 66 Days
  • Updated: 59 min ago
  • MLS #: 6468311
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1971
Built
Neighborhood:
Olsen Addition
County:
Maricopa
Area:
Chandler
School District:
080 - Chandler Unified District
Property Description
Proven Value-Add fourplex located near Downtown Chandler. Owner has made significant capital improvements to the property. New sewer lines, addition of private yards, next exterior stucco and paint, new landscaping, and one unit fully renovated with washer and dryer in unit. Leases on unrenovated units are expiring January 2023, can complete remaining unit renovations quickly.
Exterior Features

Construction Block Construction Finish PaintedStucco Covered Parking Spaces 0.00 Exterior Amenities Desert LandscapingFenced Lot Size Dimensions 8006 Parking 1 Space/UnitStreet Parking Roads AlleyAsphaltSidewalk(S) Roofing Rolled

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 800 2 Bedroom Units Baths 1 3 Bedroom Unit Avg Sq Ft 0 3 Bedroom Unit Baths 0 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Bi Oven/RangeDishwasherDisposalF/S Oven/RangeMicrowaveRefrigeratorWasher/Dryer Cooling Ceiling Fan(S)ElectricIndividual Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileVinyl Heating Electric Interior Amenities Unfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 1670.00 2 Bedroom Units 4 3 Bedroom Unit Avg Rent 0.00 3 Bedroom Units 0 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 76380.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1200.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 7685.00 Annual Mgmt Exp 3828.00 Annual Ownr Asoc Fee 0.00 Annual Trash Exp 1300.00 Annual Wtr Swr Exp 2300.00 Community Amenities No Pool Cross Street Arizona Ave And Ray Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Individual MeterSrp Gas None Gross Annual Sch Inc 76800.00 Hoa YN No Net Operating Income 58679.00 New Financing ConventionalFha Operating Exp 17702.00 Other Income 3600.00 Owner Pays SewerTrash CollectionWater Project Type Four Plex Sale Includes Land & Building Sewer Sewer - Public Source Of Financial Data Projected Proforma Tax Municipality Chandler Taxes 1389.00 Tenant Pays Cable TvElectric UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.05 Water City Franchise Zoning Mf-2

Arizona Regional MLS logo Listing provided by Orion Investment Real Estate: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Allison Mikes | North & Co.. Data last updated 2022-11-29T15:23:43.253.
 
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Allison Mikes | North & Co.
7878 N 16th St, Suite 130-14
Phoenix AZ, 85020