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

Property Type: Multiple Dwellings Status: Active
Current Price: $9,250,000 Last Modified: 3/01/2026
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: March - 01 - 2026
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