1014 N CALIFORNIA Street, Chandler, AZ 85225
$2,675,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$2,675,000
Last Modified:
9/10/2024
Overview
Description
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
- Assessor's Map #
- 73
- Legal Description (Abbrev)
- LOT 25 OLSEN ADDITION MCR 008123
- Assessor's Parcel #
- 25
- Assessor Parcel Ltr
- A
- Add'l Parcels
- Yes
- Tax Municipality
- Chandler
- Census Tract
- 523003
- Taxes
- 5358
- Legal
- LOT 25 OLSEN ADDITION MCR 008123
- Marketing Name
- California Apartments
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
Income Expenses
- Gross Annual Sch Inc
- 207400
- Net Operating Income
- 185442
Showing Notification Methods
- Showing Service
- No Showing Service Used
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
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 $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 13 - 24 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
- Foam
- Yes
Floors
- Ceramic Tile
- Yes
Sale Includes
- Laundry Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 1100
- Annual Gas Exp
- 4100
- Annual Ins Exp
- 4300
- Annual Landscape Exp
- 1300
- Annual Trash Exp
- 4700
- Annual Wtr/Swr Exp
- 4300
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 25158
- Other Income
- 3200
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 210600
Pmt & Rate Info
- Cap Rate
- 6.18
- Equity
- 2999999
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Window/Wall Unit(s)
- Yes
Cooling
- Window/Wall Unit
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Green Landscaping
- Yes
- Patio/Balcony
- Yes
- Security Light(s)
- Yes
Interior Features
- Fire/Smoke Alarm(s)
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Concrete
- Yes
- Gravel
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- 1 Space/Unit
- Yes
Electric
- SRP
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Electric
- Yes
- Gas
- Yes
- Trash Collection
- Yes
New Financing
- Conventional
- Yes
- No Carry
- Yes
Existing 1st Loan
- Conventional
- Yes
Existing 1st Loan Type
- Fixed
- Yes
Existing 1st Loan Terms
- Non Assumable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Environmental
- None
- Yes
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
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
Last Updated: September - 10 - 2024
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.