525 W PEBBLE BEACH Drive, Tempe, AZ 85282

$799,900

Property Type: Multiple Dwellings Bedrooms: 8 Baths: 4 Status: Closed

Current Price: $799,900 Last Modified: 12/01/2024

Overview

Description

525-539 W Pebble Beach, 2 seperate tax bills but must be sold together. 525 W. Pebble Beach Dr (APN:123-45-141) & 533 W. Pebble Beach Dr (APN 123-45-142). Complex has a detached building with community laundry room & managers office/workshop. Excellent Tempe location. Eight, 2bed, 1bath units. Each unit has Vaulted ceilings. Light and bright interiors. Private patio. Assigned one carport space. Ample guest parking on the street and guest parking spaces next to the carport. Attractive curb appeal. Mature, low maintenance landscaping. Average rent is $766/mo. PROVIDED BY OWNER: Adjusted Gross Income both APNs: $73600 Cap Rate: 7%

Listing Details MLS# 5363975

Location, Tax & Legal

Map Code/Grid: R37
House Number: 525
Compass: W
Street Name: PEBBLE BEACH
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85282
Zip4: 4826
Country: US
County Code: Maricopa
Subdivision: LAGUNA ESTATES 2
Assessor Number: 123-45-141
Tax Year: 2015

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 110x90x120x76
Year Built: 1973
Uncvrd Parking Spcs: 8
Total # of Units: 8
# of Buildings: 3
Zoning: R-3R
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Elementary School: Carminati School
Jr. High School: Geneva Epps Mosley Middle School
High School: McClintock High School

Remarks Misc

Cross Street: Southern / Kyrene
Directions: West on Southern; South on Roosevelt.

Status Change Info

Off Market Date: 2016-01-15
Under Contract Date: 2015-12-15
Close of Escrow Date: 2016-01-14

Legal Info

Township: 1N
Range: 4E
Section: 33
Lot Number: 8

More Information

2 Bedroom Units

# 2 Bedroom Units: 4
Avg Rent: 766
Avg SqFt: 900
# Baths: Yes

Structure

Bedrooms Total: 8
Bathrooms Total: 4

Income Expenses

Net Operating Income: 55873

Contact Info

List Agent Cell Phn2: 602-920-8448

Sold Info

Loan Type: Cash
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Built-Up Floors: Vinyl; Carpet Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool; Manager Res/Office Exterior Amenities: Landscape Water System; Desert Landscaping; Cable TV Available; Patio/Balcony Interior Features: Unfurnished Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal Heating: Heat Pump Cooling: Ceiling Fan(s); Electric; Heat Pump Water Source: City Franchise; Master Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: SRP Gas: None Parking Features: Carport; 1 Space/Unit; Add'l Parking Avail; Assigned Road Access Type: Alley Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Water; Sewer; Trash Collection; Landscaping Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable 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: Conventional Environmental: None

Listing Office: HomeSmart

Office Phone: 602-230-7600

Office Email: rlarue@hsmove.com

Last Updated: December - 01 - 2024