5820 W CLAREMONT Street, Glendale, AZ 85301
$5,999,999
Property Type: Multiple Dwellings Status: Active
Current Price: $5,999,999 Last Modified: 2/27/2026
Description
The Claremont Apartments are a well-located 36-unit asset at 5820 W Claremont Street, in close proximity to historic Downtown Glendale. The property consists of 6 total buildings constructed in 1975 with a unit mix of (24) large 1bed-1bath units, (12) 2bed-2bath units and an average size of 780 SF. Over 75% of the units have private yards attached and the property has a leasing office and community laundry facility on-site as well. With 100% of units having been renovated in the past 24 months, the asset now features a unique operational value-add through strategic rent increases to market levels, implementation of RUBS, reduction of controllable operating expenses and improving management efficiencies to drive increased occupancy and income.
More Information MLS# 6989878
Contract Info
Ownership: Fee Simple Current Price: $5,999,999 List Price: $5,999,999 Status: Active List Date: 2026-02-26
Location, Tax & Legal
Assessor's Map #: 9 Legal Description (Abbrev): WOODFORD ADDITION TO GLENDALE MCR 2/54 N2 N2 LOT 8 BLK 3 E 459.8F TH/OF EX P/D 9462/457 Assessor's Parcel #: 28 Assessor Parcel Ltr: B Add'l Parcels: No Tax Municipality: Glendale Census Tract: 92900 Taxes: 14585 Legal: WOODFORD ADDITION TO GLENDALE MCR 2/54 N2 N2 LOT 8 BLK 3 E 459.8F TH/OF EX P/D 9462/457 Marketing Name: The Claremont Apartments House Number: 5820 Compass: W Street Name: CLAREMONT St Suffix: Street City/Town Code: Glendale State/Province: AZ Zip Code: 85301 Zip4: 4505 County Code: Maricopa Subdivision: WOODFORD ADDITION BLOCK 3 LOTS 110 Assessor Number: 146-09-028-B Tax Year: 2025
General Property Description
# of Buildings: 6 Uncvrd Parking Spcs: 52 Lot Size Dimensions: 165x535 Flood Zone: No Total # of Units: 36 Elementary School District: Glendale Elementary District High School District: Glendale Union High School District Year Built: 1975 Zoning: R-4
Legal Info
Range: 2E Section: 8 Township: 2N Lot Number: 8
Project Type
25 - 50 Units: 1
Construction
Block: 1 Wood Frame: 1
Const - Finish
Cement Siding: 1 Stucco: 1
Roofing
Composition: 1
Floors
Laminate: 1 Vinyl: 1 Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 14585 Other Income: 24300 Vacancy Allowance: 0.07 Adjusted Gross Inc: 554931
Pmt & Rate Info
Cap Rate: 6.58 Equity: 5999999 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used Text: 1 Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1 Manager Res/Office: 1
Heating
Forced Air: 1
Cooling
Ceiling Fan(s): 1 Central Air: 1
Exterior Amenities
Desert Landscaping: 1 Partially Fenced: 1 Cable TV Available: 1 Sidewalk(s): 1 Patio/Balcony: 1
Interior Features
Fire Sprinklers: 1
Tenant Pays
Electricity: 1
Appliances Included
Built-In Electric Oven: 1 Disposal: 1 Microwave: 1 Refrigerator: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Road Responsibility
Private Maintained Road: 1
Water Source
City Franchise: 1 Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1 On Street: 1 >1 Space Per Unit: 1
Electric
APS: 1 Individual Meter: 1
Gas
SW Gas: 1
Owner Pays
Water: 1 Sewer: 1 Trash Collection: 1 Landscaping: 1
New Financing
Cash: 1 Conventional: 1 No Carry: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 24 Avg Rent: 1275 Avg SqFt: 720 # Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 12 Avg Rent: 1425 Avg SqFt: 900 # Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 59th Avenue & Claremont Street Geo Lat: 33.529339 Geo Lon: -112.184823
Income Expenses
Gross Annual Sch Inc: 572400 Net Operating Income: 395000
Property Features
Project Type: 25 - 50 Units Construction: Block; Wood Frame Const - Finish: Cement Siding; Stucco Roofing: Composition Floors: Laminate; Vinyl; Carpet Sale Includes: Land & Building Community Features: No Pool; Manager Res/Office Exterior Amenities: Desert Landscaping; Partially Fenced; Cable TV Available; Sidewalk(s); Patio/Balcony Interior Features: Fire Sprinklers Appliances Included: Built-In Electric Oven; Refrigerator; Disposal; Microwave Heating: Forced Air Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas Parking Features: On Street; >1 Space Per Unit; Free Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: Private Maintained Road Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Projected Proforma Showing Notification Methods: Text; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; No Carry Environmental: None
Listing Office: Orion Investment Real Estate
Last Updated: February - 27 - 2026
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