1014 N CALIFORNIA Street, Chandler, AZ 85225

$2,675,000
Property Type: Multiple Dwellings Bedrooms: 22 Baths: 21 Status: Closed
Current Price: $2,675,000 Last Modified: 7/02/2026

Overview

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

Listing Details MLS# 6635709

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

Contract Info

Ownership
Fee Simple

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

Remarks Misc

Cross Street
Ray Rd and Arizona Ave Di
Directions
West on Ray Rd and north on California St.

Status Change Info

Off Market Date
2024-08-16
Under Contract Date
2024-07-15
Close of Escrow Date
2024-09-09

Legal Info

Township
1S
Range
5E
Section
21
Lot Number
25

More Information

Efficiency Units

# Efficiency Units
16
Avg Rent
900
Avg SqFt
350
# Baths
Yes

1 Bedroom Units

# 1 Bedroom Units
4
Avg Rent
1000
Avg SqFt
700
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
Yes
Avg Rent
1100
Avg SqFt
950
# Baths
Yes

Structure

Bedrooms Total
22
Bathrooms Total
21

Income Expenses

Gross Annual Sch Inc
207400
Net Operating Income
185442

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 $/%
$

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
IDX
Listing Office: DeLex Realty
Office Phone: 602-910-3002
Office Email: matt@delexrealty.com
Last Updated: July - 02 - 2026
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