Back to Search
1007 Hemlock Ave
For Sale $5,478,000 ($585.88 per Sq Ft)
$5,478,000 ($585.88 per Sq Ft)
- Units
- 9,350 Sq Ft
- 11,031 Sq Ft
- Unknown Cap Rate
Description
This completely renovated 11-unit apartment building offers the seasoned investor an opportunity to create the perfect tenancy in a low-maintenance newly renovated property. The building is offered vacant & ready for occupancy. Due to a 2020 electrical fire, the building was completely renovated, and most exterior & interior building components have been replaced including a new roof, stucco exterior, sheetrock, sprinklers, windows & doors, electrical systems, hot water heater & plumbing throughout. Lower walkways have fresh cement, upper walkways were refinished and sealed with waterproof coatings. The driveway has a fresh slurry seal, and the parking area has been re-striped. The apartments are all 2-Bedroom, 1 Bath units, ±850sf each and situated on a ±11,031sf, parcel zoned R-3. The building offers 11 carports + 6 guest parking spaces, an on-site laundry room & 12 storage closets. MLS income/expenses are estimated based on Nov 2022 appraisal.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $5,478,000 |
| Property Type | Flex Space |
| Usable Sqft | 9,350 |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 1985 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 021311280 |
| MLS # | ML81916660 |
| Property ID | 319107355 |
| Lot Sqft | 11,031 |
| Zoning | R30000 |
| Days on Market | 1,093 |
| Original List Price | $5,478,000 |
| Applicances | Dishwasher,Electric Oven,Disposal,Range Hood,Vented Exhaust Fan% |
| Date Updated | September 30, 2024 |
| Date Created | January 19, 2023 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Gregory Cohn an agent of . Lic #00871792
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact Agent
Schedule Appointment
Showing Agent
Loading agent...
- 30 mins
- America/Phoenix
Sun
Mon
Tue
Wed
Thu
Fri
Sat
Robert Crawford
REAL ESTATE AGENT