NOT LISTED FOR SALE

1081 N California St Chandler, AZ 85225

North Chandler Neighborhood
40 Beds
-- Bath
644 Sq Ft
1964 Built

Last Sold October 12, 2016

Last sale price $1,350,000 $2,096 Per Sq Ft

33 Days on Market

Highlights

  • Cooling Available
  • Community Playground
  • Individual Controls for Heating
  • Chandler High School Rated A-
  • Community Barbecue Grill

About This Home

As of October 2016

California Apartments consists of five single story buildings with a total of 20 two-bedroom, one-bathroom units located in the bustling
city of Chandler, Arizona. The property is located North of the Northeast corner of N.California St. and W. Ray Rd., one mile north
of Chandler High School and only 3.5 miles from Chandler Fashion Center, a 1,300,000-square-foot shopping destination. The property
was in built in 1964 of block construction with flat roofs and feature newly renovated two bedroom, one-bathroom units, complete
with new cabinets and flooring. This property has upside in rents which makes it a great value add opportunity in high traffic area

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 07/12/2016

Co-Listed By

Baylee Estrada

Keller Williams Arizona Realty License #BR654361000

Last Buyer's Agent

Mark Skelpsa

HomeSmart Realty License #SA642313000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,678

Year Built

  • Built in 1964

Lot Details

  • Additional Parcels

Home Design

  • Foam Roof
  • Block Exterior

Parking

  • 20 Parking Spaces
  • 20 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 15
  • Assessor Parcel Number 302-73-015

Community Details

Overview

  • 5 Buildings
  • 20 Units
  • Building Dimensions are irr

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Building Details

  • Operating Expense $2,678
  • Net Operating Income $104,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,678

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Ray Road/Arizona Ave
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 5
  • Year Built: 1964
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 20.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 20.0
  • General Property Description:Covered Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Play Area, No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Barbecue: Yes
  • Community Amenities:Play Area: Yes

Lot Info

  • Lot Size: irr
  • Additional Parcels: Yes
  • Parcel #: 302-73-015

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 20
  • Property Net Operating Income: 104460.0
  • Annual Operating Expense: 2678.0

Tax Info

  • Tax Annual Amount: 2678.0
  • Tax Book Number: 302.00
  • Tax Lot: 15

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2016 10/12/16 Sold $1,350,000 -3.6% $2,096 / Sq Ft
07/11/2016 07/11/16 For Sale $1,400,000 +69.7% $2,174 / Sq Ft
02/19/2014 02/19/14 Sold $825,000 -15.4% $1,281 / Sq Ft View Prior Sale
02/04/2014 02/04/14 Pending -- -- --
10/05/2013 10/05/13 For Sale $975,000 -- $1,514 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sophia Baron

    Seller's Agent in 2016

    Sophia Baron

    Grace CRE

    (480) 375-0227

    79 Total Sales

    Sophia Baron
    Section Image

  • B

    Seller Co-Listing Agent in 2016

    Baylee Estrada

    Keller Williams Arizona Realty

    (480) 688-8444

    Baylee Estrada
    Section Image

  • M

    Buyer's Agent in 2016

    Mark Skelpsa

    HomeSmart Realty

    Section Image

  • L

    Seller's Agent in 2014

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2014

    Lois Kaipainen

    Income Property Shop

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5469232

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Chandler 85225 North Chandler

1081 N California St, Chandler, AZ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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