3804 E MONTEREY Way, Phoenix, AZ 85018

$9,250,000

Property Type: Multiple Dwellings Status: Active

Current Price: $9,250,000 Last Modified: 7/07/2025

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! Plus fully occupied!

More Information MLS# 6690486

Contract Info

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

Location, Tax & Legal

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 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

General Property Description

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

Legal Info

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

Project Type

Duplex: 1 Tri-Plex: 1 13 - 24 Units: 1

Construction

Wood Frame: 1 Ducts Professionally Air-Sealed: 1 ICAT Recessed Lighting: 1

Const - Finish

Painted: 1 Stucco: 1 Stone: 1

Roofing

Foam: 1

Floors

Vinyl: 1 Carpet: 1

Sale Includes

Land & Building: 1

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

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

Supra: 1

Community Features

No Pool: 1 Other: 1

Heating

Electric: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1

Exterior Amenities

Landscape Water System: 1 Green Landscaping: 1 Desert Landscaping: 1 Fenced: 1 Sidewalk(s): 1

Interior Features

Unfurnished: 1 Fire/Smoke Alarm(s): 1 Fire Sprinklers: 1 Vertical Blinds: 1 Mini Blinds: 1

Tenant Pays

Electricity: 1 Cable TV: 1

Appliances Included

Dishwasher: 1 Disposal: 1 Microwave: 1 Refrigerator: 1 Washer/Dryer: 1 Other: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1 Master Meter: 1 Individual Meter: 1

Sewer

Sewer - Public: 1

Parking Features

Garage: 1 On Street: 1 Add'l Parking Avail: 1

Electric

SRP: 1 Individual Meter: 1

Gas

None: 1

Owner Pays

Water: 1

New Financing

Cash: 1 Conventional: 1 1031 Exchange: 1

Existing 1st Loan

Treat as Free&Clear: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

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

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

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

Income Expenses

Gross Annual Sch Inc: 410988

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: July - 07 - 2025