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690 S California Street, Chandler
PRICE REDUCED!!! Buyer to verify all facts, figures and financials. Amazing cash flow and great DUPLEX property near Downtown Chandler! Gigantic oversized lot with huge front yard and backyard, including children's playground, making these units perfect for families! Each unit has 3 bedrooms and 1 bathroom, has a private yard, in-unit laundry, and large private driveway. Both units were recently remodeled with several updates (including new plumbing/sewer in both units!). Other updates include new flooring, interior paint, and doors/closets in several rooms across both units and a new AC system in one unit! Location is amazing -- next to major shopping centers, restaurants, central freeways, and top-tier Chandler schools. Both units are rented, and tenants are great and always on-time; Rent for each unit is $1250 (plus tenants pay own gas/electricity, and are backcharged for water, sewer, and trash!), but plenty of room to further increase rents. Proforma rent is $1450 for each unit, and proforma Section 8 rents are between $1500-$1650+ for each unit (see screenshot in photos)! No HOA and fantastic cap rate! Hurry - this won't last long - don't miss out on this rare multi-family property with both great financials and real-estate fundamentals! Please do not disturb tenants, interior showing after signed and accepted contract.
- MLS® #6070914
- Year Built1956
- StatusUnder Contract-Backups
- AmenitiesNo Pool, Play Area
- Parking Spaces6
- ParkingAdd'l Parking Avail, Paved Parking, RV/Boat Parking, 1 Space/Unit
- Exterior FeaturesFenced, Patio/Balcony
- Lot Description10755
- RoofComp Shingle
- Address690 S California Street
- SubdivisionCHIEFTAIN VILLAGE
- Zip Code85225
- Interior FeaturesUnfurnished, Mini Blinds
- AppliancesDisposal, Microwave, Refrigerator, W/D Hookup, Washer/Dryer, Dishwasher
- HeatingElectric, Gas
- Cooling2 or More Units, Central A/C
- District080 - Chandler Unified District
- Listing OfficeeXp Realty
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than West USA Realty. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on May 25th, 2020 at 2:03am MST.