480-442-0779

4351 N 36TH Street, Phoenix, AZ 85018 (MLS# 6165433)

4351 N 36TH Street, Phoenix, AZ 85018

$2,225,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $2,025,000 Last Modified: 2/08/2024

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.

More Information MLS# 6165433

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
4351 N 36TH Street, Phoenix, AZ 85018- MLS# 6165433
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