2936 E VAN BUREN Street, Phoenix, AZ 85008
$3,800,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$3,800,000
Last Modified:
6/26/2024
Overview
Description
28 Casita style units (single story) with 760 square feet of retail space on Van Buren. 16 Buildings total. Nearly 100% renovated, new construction down to studs within past few years. 26 units are 1 bedroom/1 bath, 2 units are 2 bedroom/1 bath. New asphalt parking lot. All units are separately metered. Coin laundry room. 93% occupancy, final unit to be completed in next two months, then ready to lease.
Listing Details MLS# 6528308
Location, Tax & Legal
- Map Code/Grid
- Q35
- House Number
- 2936
- Compass
- E
- Street Name
- VAN BUREN
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85008
- Zip4
- 6845
- County Code
- Maricopa
- Assessor Number
- 121-68-063-B
- Tax Year
- 2022
- Assessor's Map #
- 68
- Legal Description (Abbrev)
- BEG SE COR E2 W2 SE4 W 140F TR PT BEG W 119F N 43 3F E 119F S 433F TO BEG EX S 40F RD
- Assessor's Parcel #
- 63
- Assessor Parcel Ltr
- B
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 113502
- Taxes
- 15578
- Legal
- BEG SE COR E2 W2 SE4 W 140F TR PT BEG W 119F N 43 3F E 119F S 433F TO BEG EX S 40F RD
- Marketing Name
- 28 Units - Sin Agua Falls
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- irregular
- Year Built
- 1945
- Uncvrd Parking Spcs
- 34
- Total # of Units
- 28
- # of Buildings
- 16
- Zoning
- C-3
- Flood Zone
- No
- Elementary School District
- Wilson Elementary District
- High School District
- Phoenix Union High School District
Remarks Misc
- Cross Street
- 30th Street & Van Buren
- Directions
- North side of Van Buren at 29th Street.
Status Change Info
- Off Market Date
- 2024-04-25
- Under Contract Date
- 2024-04-24
- Close of Escrow Date
- 2024-06-25
Legal Info
- Township
- 1N
- Range
- 3E
- Section
- 2
- Lot Number
- Yes
More Information
1 Bedroom Units
- # 1 Bedroom Units
- 26
- Avg SqFt
- 380
- # Baths
- Yes
- Avg Rent
- 0
2 Bedroom Units
- # 2 Bedroom Units
- 2
- Avg SqFt
- 508
- # Baths
- Yes
- Avg Rent
- 0
Contact Info
- List Agent Home Phn
- 602-620-1453
Sold Info
- Loan Type
- Cash to Loan
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 25 - 50 Units
- Yes
Other Type
- Other (See Remarks)
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Composition
- Yes
Floors
- Vinyl
- Yes
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 15578
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
Pmt & Rate Info
- Equity
- 4800000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Showing Notification Methods
- Text
- Yes
- Yes
- Phone Call
- Yes
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Electric
- Yes
Exterior Amenities
- Cable TV Available
- Yes
Interior Features
- Unfurnished
- Yes
- Mini Blinds
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Dishwasher
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
- 1 Space/Unit
- Yes
Electric
- SRP
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Cash to Loan
- Yes
Existing 1st Loan
- Treat as Free&Clear
- 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
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
25 - 50 Units
Other Type:
Other (See Remarks)
Construction:
Block
Const - Finish:
Painted; Stucco
Roofing:
Composition
Floors:
Vinyl; Ceramic Tile
Sale Includes:
Land & Building; Laundry Equipment
Community Features:
No Pool
Exterior Amenities:
Cable TV Available
Interior Features:
Unfurnished; Mini Blinds
Appliances Included:
Free-Standing Range; Refrigerator; Dishwasher
Cooling:
Electric
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP
Gas:
None
Parking Features:
1 Space/Unit; Free
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity; Cable TV
Source of Fincl Data:
Owner
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
Existing 1st Loan:
Treat as Free&Clear
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 Othr Ln Trm:
Not Applicable
New Financing:
Cash to Loan
Environmental:
None
Listing Office:
MCG Realty
Last Updated: June - 26 - 2024
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