422 W Pebble Beach Drive, Tempe, AZ 85282

$809,875
Property Type: Multiple Dwellings Status: Closed
Current Price: $809,875 Last Modified: 2/05/2026

Overview

Description

Great location in Tempe! Very clean and well maintained 4-plex close to ASU, freeways, shopping, restaurants, airport and so much more. Separate laundry room with coin-operated washer & dryer. Nice sized 2 bedroom, 1 bath units. Current renters have been there for years with little increase in rent and are on month to month leases. Perfect investment opportunity. DRIVE BY ONLY UNTIL CONTRACT ACCEPTANCE. Please do not disturb occupants.

Listing Details MLS# 6238942

Location, Tax & Legal

Map Code/Grid
R36
House Number
422
Compass
W
Street Name
Pebble Beach
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85282
Country
US
County Code
Maricopa
Subdivision
Laguna Estates 2
Assessor Number
123-45-136
Tax Year
2020
Assessor's Map #
45
Assessor's Parcel #
136
Add'l Parcels
No
Tax Municipality
Tempe
Taxes
3023
Legal
LOT 3 LAGUNA ESTATES 2 MCR 012409
Marketing Name
Laguna Estates

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
9,588
Year Built
1977
Uncvrd Parking Spcs
2
Total # of Units
4
# of Buildings
Yes
Zoning
MULTI
High School District
Tempe Union High School District

Remarks Misc

Cross Street
SOUTHERN & MILL
Directions
E on Southern, R on S Kyrene, R on W Pebble Beach Dr to complex on right

Status Change Info

Off Market Date
2021-06-25
Under Contract Date
2021-05-24
Close of Escrow Date
2021-07-07

Legal Info

Lot Number
3

More Information

Income Expenses

Gross Annual Sch Inc
36000
Net Operating Income
28954

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
750
Avg SqFt
950
# Baths
Yes

Sold Info

Loan Type
Conventional
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Four Plex
Yes

Construction

Slump Block
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Foam
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes
Laundry Equipment
Yes

Income & Expenses

Annual Elec Exp
570
Annual Ins Exp
2400
Annual Wtr/Swr Exp
3200
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
9193
Other Income
1000
Vacancy Allowance
0
Adjusted Gross Inc
37000

Status Update

Multiple Offers Recd
Yes

Pmt & Rate Info

Cap Rate
3.62
Equity
800000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Community Features

No Pool
Yes
Other
Yes
See Remarks
Yes

Heating

Heat Pump
Yes
Electric
Yes
Individual
Yes

Cooling

Electric
Yes
Heat Pump
Yes
Individual
Yes

Exterior Amenities

Landscape Water System
Yes
Desert Landscaping
Yes
Curb(s) & Gutter(s)
Yes
Cable TV Available
Yes
Patio/Balcony
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Refrigerator
Yes
Built-In Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

SRP
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Conventional
Yes
FHA
Yes
No Carry
Yes

Special

Accept Backups (CLO)
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
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: Four Plex Construction: Slump Block Const - Finish: Painted; Stucco Roofing: Foam Floors: Ceramic Tile; Carpet Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool; Other; See Remarks Exterior Amenities: Landscape Water System; Desert Landscaping; Curb(s) & Gutter(s); Cable TV Available; Patio/Balcony Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal Heating: Individual; Heat Pump Cooling: Electric; Heat Pump; Individual Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: SRP; Individual Meter Gas: None Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Special: Accept Backups (CLO) Status Update: Multiple Offers Recd Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: FHA; Conventional; No Carry Environmental: None
IDX
Listing Office: Century 21 Northwest
Last Updated: February - 05 - 2026
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