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Sold on 09/22/2018

3646 E Montecito Ave, Phoenix, AZ 85018

  • $1,480,000

    Last sold 09/22/2018 for $815K

  • 8

    bed

  • 4

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 3646 E Montecito Ave

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Movoto estimate
Property description
This is an excellent opportunity to own in the highly desirable Arcadia area. Fantastic opportunity for long or short term rental income. This quad consists of all two bedroom units (1 x 2/2 + den + enclosed patio, 2 x 2/1, 1 x 2/1 with private yard.) that have been upgraded throughout. All units have dual entry, private storage, and covered parking. Property has been meticulously maintained. Do not disturb tenants. Drive by only. Please provide proof of funds upon submitting an offer. Seller motivated and would like to close by end of August.
Listed by
Listing Agent - Joseph Morgan
Listing Office - Joseph A Morgan
Source: ARMLS mls logo
MLS#5729008 • last updated 4 years ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Individual, Natural Gas
MLS # 5729008
Type Multiple Dwellings
Status Closed
Property Tax 3754
Year Built 1960
Interior
Flooring Ceramic Tile
Appliances Built-In Range, Trash Compactor, Disposal, Dishwasher, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit, On Street, Carport
# of Open Parking Spaces 2
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision PASADENA MANOR
Community Features No Pool
Elementary School District Creighton Elementary District
High School District Phoenix Union High School District
APN 170-26-034
Zoning R-3
Directions North To Montecito, East To Property
Multifamily Details
Total # of Units 4
Expense: Operating 12308
Financial Data Source Owner
Expense: Maintenance 874
Vacancy Allowance 0.03
Expense: Insurance 2151
Net Operating Income 53596
Gross Income 65882.4
Expense: Electric 620
Expense: Other 504
Expense: Trash 1284
Expense: Water/Sewer 1634
Gross Scheduled Income 67200
Expense: Gardener 1487
$1.48M
Range: $1.21M-$1.74M
Last 30 days 
  • Sep 2018
    mls logo MLS # 5729008
  • Sep 21, 2018 Sold
    $815,000
  • 3646 E Montecito Ave
    $815K
  • Arcadia Lite
    —
  • 85018
    $1.15M -23% y/y
  • Phoenix
    $474K -1% y/y
No chart available
Statistics calculated by Movoto

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5/10
Biltmore Preparatory Academy
public Grades K-8
Creighton Elementary District
2/10
Camelback High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • AZ
  • Maricopa County
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  • Arcadia Lite
  • 3646 E Montecito Ave
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