Chandler, AZ 85225,690 S CALIFORNIA Street
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Chandler, AZ 85225,690 S CALIFORNIA Street
Chandler, AZ 85225,690 S CALIFORNIA Street
Chandler, AZ 85225,690 S CALIFORNIA Street
Chandler, AZ 85225,690 S CALIFORNIA Street

$381,500

Est. payment /mo

$388,888

1.9%
Est.Price: ?

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690 S CALIFORNIA Street Chandler, AZ 85225

SOLD DATE : 06/15/2020

Key Details

Sold Price $381,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Chieftain Village

MLS Listing ID 6070914

Sold Date 06/15/20

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1956

Annual Tax Amount $767

Tax Year 2019

Lot Dimensions 10755

Property Description

PRICE REDUCED!!! Buyer to verify all facts, figures and financials. Amazing cash flow and great DUPLEX property near Downtown Chandler! Gigantic oversized lot with huge front yard and backyard, including children's playground, making these units perfect for families! Each unit has 3 bedrooms and 1 bathroom, has a private yard, in-unit laundry, and large private driveway. Both units were recently remodeled with several updates (including new plumbing/sewer in both units!). Other updates include new flooring, interior paint, and doors/closets in several rooms across both units and a new AC system in one unit! Location is amazing -- next to major shopping centers, restaurants, central freeways, and top-tier Chandler schools. Both units are rented, and tenants are great and always on-time; Rent for each unit is $1250 (plus tenants pay own gas/electricity, and are backcharged for water, sewer, and trash!), but plenty of room to further increase rents. Proforma rent is $1450 for each unit, and proforma Section 8 rents are between $1500-$1650+ for each unit (see screenshot in photos)! No HOA and fantastic cap rate! Hurry - this won't last long - don't miss out on this rare multi-family property with both great financials and real-estate fundamentals! Please do not disturb tenants, interior showing after signed and accepted contract.

Location

State AZ

County Maricopa

Community Chieftain Village

Zoning multifamily

Direction W on Pecos Rd, N on California St to duplex on corner

Interior

Heating Electric, Natural Gas

Cooling 2 or More Units, Central A/C

Appliance Dishwasher, Disposal, Refrigerator, WD Hookup, Microwave, WasherDryer

Exterior

Parking Features Assigned

Community Features Play Area, No Pool

Roof Type See Remarks, Composition

Total Parking Spaces 6

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Frye Elementary School

Middle Schools Bogle Junior High School

High Schools Hamilton High School

School District Chandler Unified District

Others

Senior Community No

Tax ID 303-62-021-B

Acceptable Financing Conventional, FHA, VA Loan

Listing Terms Conventional, FHA, VA Loan

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by eXp Realty
Bought with RE/MAX Fine Properties

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