3618 E MONTECITO Avenue, Phoenix, AZ 85018
$1,475,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,475,000
Last Modified:
3/25/2026
Overview
Description
Listing Details MLS# 7003754
Location, Tax & Legal
- House Number
- 3618
- Compass
- E
- Street Name
- MONTECITO
- St Suffix
- Avenue
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85018
- Zip4
- 4025
- Country
- US
- County Code
- Maricopa
- Subdivision
- PASADENA MANOR
- Assessor Number
- 170-26-039
- Tax Year
- 2025
- Assessor's Map #
- 26
- Legal Description (Abbrev)
- LOT 12 PASADENA MANOR MCR
- Assessor's Parcel #
- 39
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 108302
- Taxes
- 4073
- Legal
- LOT 12 PASADENA MANOR MCR
- Marketing Name
- Pasadena Manor
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 167 x 69 - irregular-rectangle parcel
- Year Built
- 1960
- Total # of Units
- 4
- # of Buildings
- Yes
- Zoning
- R-3
- Flood Zone
- No
- Elementary School District
- Creighton Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Biltmore Preparatory Academy
- Jr. High School
- Biltmore Preparatory Academy
- High School
- Camelback High School
- Uncvrd Parking Spcs
- 0
Remarks Misc
- Cross Street
- 36th St. & Campbell
- Directions
- South to Montecito Ave. East on Montecito Ave.
Legal Info
- Township
- 2N
- Range
- 3E
- Section
- 24
- Lot Number
- 12
Income Expenses
- Gross Annual Sch Inc
- 70500
- Net Operating Income
- 54222
More Information
Showing Notification Methods
- Showing Service
- No Showing Service Used
2 Bedroom Units
- # 2 Bedroom Units
- 4
- Avg Rent
- 1469
- Avg SqFt
- 909
- # Baths
- 2
Project Type
- Four Plex
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
- Built-Up
- Yes
- Foam
- Yes
Floors
- Tile
- Yes
Sale Includes
- Land & Building
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 4700
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 3250
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 0
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 3256
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 1000
- Operating Exp
- 16279
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 70500
- Total Monthly Rental Income
- 5875
Pmt & Rate Info
- Cap Rate
- 3.68
- Equity
- 1475000
- Down Payment %
- 100
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
- Other
- Yes
- See Remarks
- Yes
Heating
- Forced Air
- Yes
- Electric
- Yes
- Individual
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Electric
- Yes
- Heat Pump
- Yes
- Individual
- Yes
- 2 or More Units
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Desert Landscaping
- Yes
- Partially Fenced
- Yes
- Cable TV Available
- Yes
- Sidewalk(s)
- Yes
- Patio/Balcony
- Yes
- Separate Storage
- Yes
Interior Features
- Unfurnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
- Vertical Blinds
- Yes
- Mini Blinds
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Dishwasher
- Yes
- Disposal
- Yes
- Free-Standing Electric Oven
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Access Type
- Alley
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
- Projected Proforma
- Yes
- Tax Return
- Yes
Road Responsibility
- City Maintained Road
- Yes
Water Source
- City Franchise
- Yes
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
- Sewer-In & Connected
- Yes
Parking Features
- Detached Carport
- Yes
- Carport
- Yes
- Free
- Yes
- 1 Space/Unit
- Yes
- Paved
- Yes
Electric
- SRP
- Yes
- Submetered System
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- None
- 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:
Four Plex
Construction:
Block
Const - Finish:
Painted
Roofing:
Composition; Built-Up; Foam
Floors:
Tile
Sale Includes:
Land & Building; Laundry Equipment
Community Features:
No Pool; Other; See Remarks
Exterior Amenities:
Landscape Water System; Desert Landscaping; Partially Fenced; Cable TV Available; Sidewalk(s); Patio/Balcony; Separate Storage
Interior Features:
Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds
Appliances Included:
Free-Standing Electric Oven; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave
Heating:
Forced Air; Individual
Cooling:
Ceiling Fan(s); Electric; Heat Pump; Individual; 2 or More Units
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public; Sewer-In & Connected
Electric:
SRP; Submetered System
Gas:
None
Parking Features:
Carport; 1 Space/Unit; Detached Carport; Free; Paved
Road Access Type:
Alley
Road Surface Type:
Asphalt
Road Responsibility:
City Maintained Road
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity; Cable TV
Source of Fincl Data:
Owner; Projected Proforma; Tax Return
Lockbox Type:
None
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
New Financing:
Cash; Conventional
Environmental:
None
Listing Office:
First Road Property Advisors, LLC
Last Updated: March - 25 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.