$2,025,000
Phoenix, AZ 85018
MLS# 6165433
Status: Closed
1 / 35
Property Description
Income generating opportunity! Arcadia Beach Club. Welcome to a soothing beach vibe in the desert! This luxury villa has 4 units. (3) 1 bed 1 baths and (1) 3 bed 3 bath which features it's own private 50 foot long resort style pool with Baja shelf. Each unit has been completely remodeled with upgraded appliances and finishes.
Details
Maps
Contract Info
Current Price: $2,025,000
Sold Price: $2,025,000
Status: Closed
List Date: 2020-11-27
Ownership: Condominium
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: P35
House Number: 4351
Compass: N
Street Name: 36TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Zip4: 4029
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 5 EL DELADA MCR 023126
Subdivision: EL DELADA
Assessor's Map #: 26
Assessor's Parcel #: 159
Add'l Parcels: Yes
Assessor Number: 170-26-159
Legal: LOT 5 EL DELADA MCR 023126
Census Tract: 108302
Tax Municipality: Phoenix
Taxes: 739
Tax Year: 2020
Marketing Name: EL DELADA CONDOMINIUMS
General Property Description
Lot Size Dimensions: irr
Year Built: 1964
Total # of Units: 4
# of Buildings: 1
Zoning: R-3
Jr. High School: Creighton Elementary School
High School: Camelback High School
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 36th Street and Camelback
Directions: 36th St to Turney. S/E corner of 36th St and Turney.
Geo Lat: 33.500369
Geo Lon: -112.003731
Status Change Info
Status Change Date: 2021-07-10
Off Market Date: 2021-07-10
Under Contract Date: 2021-05-15
Close of Escrow Date: 2021-07-09
Sold Price: $2,025,000
Legal Info
Township: 2N
Range: 3E
Section: 24
Lot Number: 5
Income & Expenses
Owner Association: No
Annual Other Expense: 55060
Operating Exp: 55799
Gross Annual Sch Inc: 208000
Adjusted Gross Inc: 208000
Net Operating Income: 152201
Pmt & Rate Info
Cap Rate: 6.84
Equity: 2225000
Efficiency Units
# Efficiency Units: 4
1 Bedroom Units
# 1 Bedroom Units: 3
Avg SqFt: 708
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg SqFt: 2000
# Baths: 3
Sold Info
Loan Type: Conventional
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted
Roofing: Rolled
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Amenities: Pool
Exterior Amenities: Landscape Wtr System; Green Landscaping; Desert Landscaping; Fenced; Cable TV Available; Patio/Balcony; Security Light(s)
Interior Amenities: Furnished
Appliances Included: BI Oven/Range
Heating: Heat Pump; 2 or More Units
Cooling: Ceiling Fan(s); Heat Pump; 2 or More Units
Water: City Franchise; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP
Gas: None
Parking: Street Parking; 1 Space/Unit; Assigned; Free
Roads/Streets: Asphalt; Sidewalk(s); Alley
Owner Pays: Water; Trash Collection; Landscaping; Other; See Remarks
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; FHA; Conventional
Reports/Disclosures: ALTA Survey Availbl
Environmental: None
Listing Office: Sterling Fine Properties
Last Updated: February - 08 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.