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5820 W CLAREMONT Street Glendale, AZ $ 5,999,999
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5820 W CLAREMONT Street
$ 5,999,999
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5820 W CLAREMONT Street

Glendale, AZ, 85301
$ 5,999,999
Baths0.0

Monthly Estimate*

$ 36,943

5820 W CLAREMONT Street, Glendale, AZ 85301 - Image 1
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Studio

Multi-Family Home for sale in Glendale, AZ

for $5,999,999. This home was built in 1975.

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.

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Multi-Family Active

Price

$ 5,999,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 14,585

Style

Multiple Dwellings

Year Built

1975

Town/City

Glendale

County/Region

Maricopa

MLS | Web ID

6989878
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air Ceiling Fan(s)
Roof Composition
Zoning R-4
Security Features Fire Sprinklers
Construction Materials Cement Siding Wood Frame Stucco Block
Year Built 1975
Electric APS Individual Meter
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 554931.0
Community Features Manager Res/Office No Pool
County Maricopa
Net Operating Income 395000.0
Operating Expense 14585.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name WOODFORD ADDITION BLOCK 3 LOTS 110
Garage Y/N N
Status Active
City Glendale
Disclosures None
High School District Glendale Union High School District
Open Parking Spaces 52.0
Number Of Units Total 36
Carport Y/N N
Tax Annual Amount 14585.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Glendale Elementary District
Tax Lot 8
Cap Rate 6.58
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features Free >1 Space Per Unit On Street
Water Source Master Meter City Franchise
Total Parking 52.0
Number of Buildings 6
Spa N
Lot Dimensions 165x535
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Laminate Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 5820
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* Excluded Features
List By
Orion Investment Real Estate

Broker

carter.marks@orionprop.com

Email

Affordability Calculator

$38,158
Per Month
97%
3%
0%
Monthly Principal & Interest
$36,943
Monthly Property Taxes
$1,215
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327134 Elementary School
4327258 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/26/2026$5,999,999 Listed Price

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5820 W CLAREMONT Street, Glendale, AZ, 85301 is a Multi-Family Home for sale at $5,999,999. 5820 W CLAREMONT Street is a studio with 0.0 baths and was built in 1975. The property's zip code is 85301 which is in Glendale, AZ

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