$5,999,999
Glendale, AZ 85301
MLS# 6989878
1 / 24
Property 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.
Details
Maps
Contract Info
Current Price: $5,999,999
List Price: $5,999,999
Status: Active
List Date: 2026-02-26
Ownership: Fee Simple
Location Tax Legal
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
Lot Size Dimensions: 165x535
Year Built: 1975
Uncvrd Parking Spcs: 52
Total # of Units: 36
# of Buildings: 6
Zoning: R-4
Flood Zone: No
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Remarks Misc
Cross Street: 59th Avenue & Claremont Street
Geo Lat: 33.529339
Geo Lon: -112.184823
Legal Info
Township: 2N
Range: 2E
Section: 8
Lot Number: 8
Income Expenses
Gross Annual Sch Inc: 572400
Net Operating Income: 395000
Showing Notification Methods
Showing Service: No Showing Service Used
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
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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