515-521 W Pebble Beach Drive Tempe, AZ
$ 1,400,000
Property Attributes
  • MLS#6000712
  • TypeMulti-Family
  • CountyMARICOPA
  • CityTempe
  • NeighborhoodLaguna Estates 2
  • Zip85282
  • Style
  • Year Built1972
  • Taxes2256
  • Price$ 1,400,000
  • Bedrooms16
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage5764
Listing Provided Courtesy Of:
Grace CRE
Property Description

Amazing portfolio two triplexes side by side, 521 & 515 in the heart of Tempe! These properties have one 4 bedroom 2 bath home and also has a two car garage. 521 with a pool that has just been updated to pebble tech and new pool deck . The other two units are both two bedroom one bath each triplex with covered parking. A super rare bonus of this property tenants pay for water sewer and trash and electric! This property is an amazing residential neighborhood with a beautiful park at the end of the street. This property has been completely renovated! Brand new kitchens, floors, bathrooms, paint, plumbing, lighting, and new windows. There are two year leases in place for a tenant that is doing an Air B &B and is grossing 5,000 and $4988. These buildings are preforming at 7% cap

Elementary School Middle School High School
Carminati School Elementary School Gililland Middle School Tempe High School
Price History
11/4/2019 Listed $1,400,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1400.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 2200.00
4 Bedrooms Units: Avg Sqft 1332
Construction Block
Elementary School Carminati School
Features Pool(s)
High School Tempe High School
Map Code/Grid R36
Middle School Gililland Middle School
Net Income 99168.00
New Financing 1031 Exchange, Other (See Remarks), No Carry
Owner Pays Landscaping, Pool/Spa Maintenance
Parking Garage, Carport, Street Parking, >1 Space Per Unit, Auto Door Opener
Property Type F
Public Remarks Amazing portfolio two triplexes side by side
School District 003 - Tempe School District
Status Active
Subdivision LAGUNA ESTATES 2
Tenant Pays Water, Sewer, Electric, Trash, Cable TV
Year Built 1972

Interior Features

2 Bedroom Units: # 2 Bedroom Units 4
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 775
4 Bedrooms Units: # 4 Bedroom Units 2
4 Bedrooms Units: # Baths 2
Appliances Included F/S Oven/Range, Refrigerator
Cooling Electric Refrigeratd
Electric Individual Meter, SRP
Floors Concrete
Gas None
Heating Electric
Interior Features Unfurnished
Total Number of Units 3.00

Exterior Features

Sale Includes Land & Building, Pool Equipment
Const - Finish Stucco
Covered Parking Spcs 3.00
Lot Size Dimensions 9596
Roof Built-Up
Sewer Sewer - Public
Total Parking Spcs 3.00
Water City Franchise, Individual Meter


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85282

AVG $3.45M
AVG $8,637
AVG 136
Year Built
AVG 1968

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