$9,250,000
3804 E MONTEREY Way
Phoenix, AZ 85018
MLS# 6690486

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Property 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!

Details
Maps
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
IDX
Listing Office: ARRT of Real Estate

Last Updated: July - 07 - 2025

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