3804 E MONTEREY Way, Phoenix, AZ 85018

$9,250,000

Property Type: Multiple Dwellings Status: Active

Current Price: $9,250,000 Last Modified: 3/21/2026

Overview

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! Plus fully occupied!

Listing Details MLS# 6690486

Location, Tax & Legal

House Number: 3804
Compass: E
Street Name: MONTEREY
St Suffix: Way
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
County Code: Maricopa
Subdivision: ALAMEDA VILLAS
Assessor Number: 127-20-262
Tax Year: 2023
Assessor's Map #: 20
Legal Description (Abbrev): LOT 15 ALAMEDA VILLAS MCR 163040
Assessor's Parcel #: 262
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 110902
Taxes: 30000
Legal: LOT 15 ALAMEDA VILLAS MCR 163040
Marketing Name: ALAMEDA VILLAS

Contract Info

Ownership: Fee Simple

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

Legal Info

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

Income Expenses

Gross Annual Sch Inc: 410988

More Information

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

3 Bedrooms Units

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

Project Type

Duplex: Yes
Tri-Plex: Yes
13 - 24 Units: Yes

Construction

Wood Frame: Yes
Ducts Professionally Air-Sealed: Yes
ICAT Recessed Lighting: Yes

Const - Finish

Painted: Yes
Stucco: Yes
Stone: Yes

Roofing

Foam: Yes

Floors

Vinyl: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 30000
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 410988

Pmt & Rate Info

Equity: 9250000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

Supra: Yes

Community Features

No Pool: Yes
Other: Yes

Heating

Electric: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Exterior Amenities

Landscape Water System: Yes
Green Landscaping: Yes
Desert Landscaping: Yes
Fenced: Yes
Sidewalk(s): Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Fire Sprinklers: Yes
Vertical Blinds: Yes
Mini Blinds: Yes

Tenant Pays

Electricity: Yes
Cable TV: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Washer/Dryer: Yes
Other: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes
Master Meter: Yes
Individual Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

Garage: Yes
On Street: Yes
Add'l Parking Avail: Yes

Electric

SRP: Yes
Individual Meter: Yes

Gas

None: Yes

Owner Pays

Water: Yes

New Financing

Cash: Yes
Conventional: Yes
1031 Exchange: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Duplex; Tri-Plex; 13 - 24 Units Construction: Wood Frame; Ducts Professionally Air-Sealed; ICAT Recessed Lighting Const - Finish: Painted; Stucco; Stone Roofing: Foam Floors: Vinyl; Carpet Sale Includes: Land & Building Community Features: No Pool; Other Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Fenced; Sidewalk(s) Interior Features: 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 Road Surface Type: Asphalt Owner Pays: Water Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; 1031 Exchange Environmental: None

Listing Office: ARRT of Real Estate

Last Updated: March - 21 - 2026