2503 E CLARENDON Avenue, Phoenix, AZ 85016
$1,680,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,680,000
Last Modified:
1/27/2025
Overview
Description
Listing Details MLS# 5911493
Location, Tax & Legal
- Map Code/Grid
- P35
- House Number
- 2503
- Compass
- E
- Street Name
- CLARENDON
- St Suffix
- Avenue
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85016
- Zip4
- 6728
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 119-05-053
- Tax Year
- 2018
- Assessor's Map #
- 5
- Legal Description (Abbrev)
- E 65F OF W 1005.72F OF N2 OF SW4 OF NW4 SEC 26 EX S 446.52F
- Assessor's Parcel #
- 53
- Add'l Parcels
- Yes
- Tax Municipality
- Phoenix
- Census Tract
- 110801
- Taxes
- 5317
- Legal
- LENGTHY AND PROVIDED IN ESCROW
- Marketing Name
- Clarendon 12
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 104x216
- Year Built
- 1960
- Uncvrd Parking Spcs
- 15
- Total # of Units
- 12
- # of Buildings
- Yes
- Zoning
- R-4
- Elementary School District
- Creighton Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Larry C Kennedy School
- Jr. High School
- Larry C Kennedy School
- High School
- Camelback High School
Remarks Misc
- Cross Street
- 32nd Street & Osborn. West on Osborn to 26th Place
- Directions
- North on 26th Place to Whitton. West on Whitton to 26th Street. North to Clarendon. Left on Clarendon to building on South Side with Mural.
Status Change Info
- Off Market Date
- 2019-08-14
- Under Contract Date
- 2019-08-14
- Close of Escrow Date
- 2019-10-15
Legal Info
- Township
- 2N
- Range
- 3E
- Section
- 26
More Information
Income Expenses
- Gross Annual Sch Inc
- 125040
- Net Operating Income
- 91851
2 Bedroom Units
- # 2 Bedroom Units
- 12
- Avg Rent
- 868
- Avg SqFt
- 801
- # Baths
- Yes
Contact Info
- List Agent Home Phn
- 602-390-8088
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
- 5 - 12 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Rolled
- Yes
Floors
- Ceramic Tile
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
- Personal Property
- Yes
- Pool Equipment
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 1200
- Annual Gas Exp
- 660
- Annual Ins Exp
- 5200
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 2100
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 4500
- Annual Mgmt Exp
- 6252
- Annual Trash Exp
- 2400
- Annual Wtr/Swr Exp
- 4200
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 1920
- Operating Exp
- 33749
- Other Income
- 2700
- Vacancy Allowance
- 0.02
- Adjusted Gross Inc
- 125185.2
- Total Monthly Rental Income
- 10420
Pmt & Rate Info
- Cap Rate
- 5.1
- Down Payment
- 0
- Equity
- 1800000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Showing Notification Methods
- Phone Call
- Yes
Lockbox Type
- None
- Yes
Community Features
- Pool
- Yes
- Manager Res/Office
- Yes
- Barbecue
- Yes
Heating
- Heat Pump
- Yes
- Electric
- Yes
- Natural Gas
- Yes
- Individual
- Yes
Cooling
- Electric
- Yes
- Heat Pump
- Yes
- Individual
- Yes
Exterior Amenities
- Partially Fenced
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- >1 Space Per Unit
- Yes
Electric
- SRP
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
- Pool Maintenance
- Yes
New Financing
- 1031 Exchange
- Yes
- Other (See Remarks)
- Yes
Existing 1st Loan
- Conventional
- Yes
Existing 1st Loan Type
- Fixed
- Yes
Existing 1st Loan Terms
- Non Assumable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Rolled
Floors:
Ceramic Tile; Carpet
Sale Includes:
Land & Building; Personal Property; Pool Equipment; Laundry Equipment
Community Features:
Pool; Manager Res/Office; Barbecue
Exterior Amenities:
Partially Fenced
Appliances Included:
Free-Standing Range; Refrigerator; Microwave
Heating:
Natural Gas; Individual; Heat Pump
Cooling:
Electric; Heat Pump; Individual
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP
Gas:
SW Gas
Parking Features:
>1 Space Per Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping; Pool Maintenance
Tenant Pays:
Electricity; Gas; Cable TV
Source of Fincl Data:
Owner
Showing Notification Methods:
Phone Call
Lockbox Type:
None
Existing 1st Loan:
Conventional
Existing 1st Loan Type:
Fixed
Existing 1st Loan Terms:
Non Assumable
Existing 2nd Loan:
Treat as Free&Clear
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Treat as Free&Clear
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
New Financing:
1031 Exchange; Other (See Remarks)
Environmental:
None
Documents
Actual and Proforma ›
Listing Office:
West USA Realty
Last Updated: January - 27 - 2025
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