3804 E MONTEREY Way, Phoenix, AZ 85018

$9,250,000

Property Type: Multiple Dwellings Status: Active

Current Price: $9,250,000 Last Modified: 3/16/2025

Description

Introducing Alameda Villas - Brand New Luxury Townhomes! Discover Alameda Villas, a stunning new construction community completed in 2024, offering 15 meticulously designed single-family townhomes. Built for ultimate flexibility, these homes can be sold individually as single-family residences or acquired entirely for a lucrative leasing opportunity. Each three-bedroom, 2.5-bath unit offers premium finishes, custom cabinetry, elegant countertops, beautiful flooring, and durable synthetic stucco exteriors for a low-maintenance lifestyle. Prime Location: Near dining, grocery stores, and shopping. Living Space: 1,825 SQFT Under Roof: 2,246 SQFT Two-Car Garage Don't miss this exceptional opportunity!

More Information MLS# 6690486

Contract Info

Current Price: $9,250,000 List Price: $9,250,000 Status: Active List Date: 2024-04-11 Ownership: Fee Simple

Location Tax Legal

House Number: 3804 Compass: E Street Name: MONTEREY St Suffix: Way City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Country: US County Code: Maricopa Subdivision: ALAMEDA VILLAS Assessor Number: 127-20-262 Tax Year: 2023

General Property Description

Lot Size Dimensions: 1.02 acres Year Built: 2024 Uncvrd Parking Spcs: 2 Total # of Units: 15 # of Buildings: 7 Zoning: R-3 Flood Zone: No Elementary School District: Creighton Elementary District High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 38th Street and Indian School Geo Lat: 33.485875 Geo Lon: -111.999661

Status Change Info

Status Change Date: 2024-04-11

Legal Info

Township: 2N Range: 3E Section: 25 Lot Number: 15

Income Expenses

Net Operating Income: 410988

Showing Notification Methods

Showing Service: Aligned Showings

3 Bedrooms Units

# 3 Bedroom Units: 15 Avg Rent: 3450 Avg SqFt: 1825 # Baths: 3

Property Features

Project Type: Duplex; Tri-Plex; 13 - 24 Units Construction: Wood Frame; Ducts Professionally Air-Sealed; ICAT Recessed Lights Const - Finish: Painted; Synthetic Stucco; Stone Roofing: Foam Floors: Vinyl; Carpet Sale Includes: Land & Building Community Features: No Pool; Other Exterior Amenities: Landscape Wtr System; Green Landscaping; Desert Landscaping; Fenced Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Fire Sprinklers; Vertical Blinds; Mini Blinds Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; Other Cooling: Ceiling Fan(s); Electric; Central Air Water Source: City Franchise; Master Meter; Individual Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: Garage; On Street; Add'l Parking Avail Owner Pays: Water Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra (ARMLS) Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; 1031 Exchange Environmental: None

Listing Office: ARRT of Real Estate

Last Updated: March - 16 - 2025

3804 E MONTEREY Way, Phoenix, AZ 85018 (MLS# 6690486)