7508 W ORANGEWOOD Avenue, Glendale, AZ 85303

$635,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $635,000 Last Modified: 2/01/2025

Description

''NEW LIST PRICE''. ONLY Unit #5 is available to show! Calling ALL serious dream minded developers. An explosive opportunity on this corner Lot at 75th Ave & Orangewood. Potential zoning for redevelopment to apartments. Commercial bring your development opportunity here...And it is in The County Island - You can still annex into the City of Glendale, if you so desire. Priced to sell - AS IS CASH or HARD MONEY and seller wants a 30-day closing - So you better hurry and not miss out on this amazing opportunity - minutes to 91st Ave & Glendale stadium where the Arizona Cardinals play. The new coming soon approximately billion dollar + one-of-a-kind resort named VAI. Google that to see that explosive development along with all the west side growth to bring your dream project here.

Supplements: Confirm with Maricopa County for your Zoning

More Information MLS# 6783577

Contract Info

Current Price: $635,000 Sold Price: $635,000 Status: Closed List Date: 2024-11-13 Ownership: Fee Simple

Location Tax Legal

House Number: 7508 Compass: W Street Name: ORANGEWOOD St Suffix: Avenue City/Town Code: Glendale State/Province: AZ Zip Code: 85303 Zip4: 1528 Country: USA County Code: Maricopa Assessor Number: 142-24-002-B Tax Year: 2024

General Property Description

Lot Size Dimensions: 25,134 sq ft Year Built: 1955 Uncvrd Parking Spcs: 6 Total # of Units: 6 # of Buildings: 1 Zoning: R-6 Elementary School District: Glendale Elementary District High School District: Glendale Union High School District

Remarks Misc

Cross Street: 75th Avenue & Northern Directions: From Northern, head south on 75th Ave to Orangewood Ave. Property is on the corner. Geo Lat: 33.545659 Geo Lon: -112.220805

Status Change Info

Status Change Date: 2025-02-01 Off Market Date: 2025-01-31 Under Contract Date: 2024-12-26 Close of Escrow Date: 2025-01-31 Sold Price: $635,000

Legal Info

Township: 2N Range: 1E Section: 2 Lot Number: n/a

Income Expenses

Gross Annual Sch Inc: 44400 Net Operating Income: 41990

Showing Notification Methods

Showing Service: Aligned Showings

Efficiency Units

# Efficiency Units: 5 Avg Rent: 1033 Avg SqFt: 325 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 1 Avg Rent: 1600 Avg SqFt: 700 # Baths: 1

Contact Info

List Agent Home Phn: 623-872-6437

Sold Info

Loan Type: Cash Payment Type: Other Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Project Type: 5 - 12 Units Construction: Block Const - Finish: Painted Roofing: Comp Shingle Floors: Concrete Sale Includes: Land & Building; Laundry Equipment Community Amenities: Other; See Remarks Interior Amenities: Partially Furnished Appliances Included: F/S Oven/Range; Refrigerator Heating: Natural Gas Cooling: Electric Water: City Franchise Sewer: Septic Tank Electric: SRP Gas: SW Gas Parking: >1 Space Per Unit Owner Pays: Water; Electric; Gas; Trash Collection Tenant Pays: None Source of Fincl Data: Provided by Owner Showing Notification Methods: Text Lockbox Type: Supra (ARMLS); Mech-box / Combo Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None

Listing Office: ARRT of Real Estate

Last Updated: February - 01 - 2025

7508 W ORANGEWOOD Avenue, Glendale, AZ 85303 (MLS# 6783577)