$53,000
Glendale, AZ 85301
MLS# 5007787
Status: Closed

1 / 7
Property Description
An opportunity to own six studios very close to downtown Glendale. Rehab work has started on three units. Proximity to downtown makes it an attractive hold property for an investor. Property on 3 separate parcels. Submit an offer!!!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $53,000
Sold Price: $53,000
Status: Closed
List Date: 2013-10-01
Location, Tax & Legal
Assessor's Map #: 10
Legal Description (Abbrev): ORCHARD ADD BLK 20-21-22, & 38-39-40 AMD
Assessor's Parcel #: 71
Add'l Parcels: Yes
Tax Municipality: Maricopa - COUNTY
Census Tract: 92801
Taxes: 119.4
Tax District: Glenda
Legal: ORCHARD ADD AMD PLAT OF BLKS 1,2,3 & 4 PT LOT 1 BLK 38 W2 OF W2
Marketing Name: Lamar Studios!
Map Code/Grid: N32
House Number: 5911
Compass: W
Street Name: LAMAR
St Suffix: Road
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 3129
County Code: Maricopa
Assessor Number: 144-10-071
Tax Year: 2012
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 45X50X3
Total # of Units: 6
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Elementary School: Harold W Smith School
Jr. High School: Glendale Landmark Middle School
High School: Glendale High School
Year Built: 1960
Zoning: C-3
Legal Info
Range: 2E
Section: 7
Township: 2N
Lot Number: 1
Project Type
5 - 12 Units: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Built-Up: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 119.4
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Down Payment: 0
Equity: 66900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Community Features
Other: 1
See Remarks: 1
Heating
Electric: 1
Individual: 1
Window/Wall Unit(s): 1
Other: 1
See Remarks: 1
Cooling
Evaporative Cooling: 1
Window/Wall Unit: 1
Individual: 1
Exterior Amenities
Desert Landscaping: 1
Partially Fenced: 1
Interior Features
Unfurnished: 1
Tenant Pays
Electricity: 1
Appliances Included
None: 1
Road Access Type
Alley: 1
Road Surface Type
Dirt: 1
Gravel: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
On Street: 1
1 Space/Unit: 1
Add'l Parking Avail: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Owner May Carry: 1
Special
Economic Redevelopment Zone: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
# Efficiency Units: 6
Avg Rent: 375
# Baths: 1
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 59th Ave & Grand
Directions: South on 59th Avenue from Grand,
right on Lamar Rd to property.
Geo Lat: 33.536714
Geo Lon: -112.186859
Status Change Info
Off Market Date: 2014-03-02
Under Contract Date: 2014-02-27
Close of Escrow Date: 2014-04-02
Sold Price: $53,000
Property Features
Project Type: 5 - 12 Units
Construction: Block; Wood Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building
Community Features: Other; See Remarks
Exterior Amenities: Desert Landscaping; Partially Fenced
Interior Features: Unfurnished
Appliances Included: None
Heating: Individual; Window/Wall Unit(s); Other; See Remarks
Cooling: Window/Wall Unit; Evaporative Cooling; Individual
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: None
Parking Features: On Street; 1 Space/Unit; Add'l Parking Avail
Road Access Type: Alley
Road Surface Type: Gravel; Dirt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity
Source of Fincl Data: Other (See Remarks)
Special: Economic Redevelopment Zone
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: Owner May Carry
Environmental: None
Listing Office: PRO-formance Realty Concepts
Last Updated: April - 23 - 2026
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