Great opportunity to own a 16 unit apartment community. 2 units are large 3 bedroom / 2 bath single story units. The remaining units are all 2 bedroom / 1.5 bath townhomes. All units have laundry hookups. Rents range from $450 - $600. Potential to increase the income.
Multi-familyProperty Type
1983Year Built
0.92 acresLot Size
$710Price/Sq.Ft.
16 spacesParking
Listed by Marc Thurston•DRE #1099353• ASU Commercial
Bought with Bassam Abed•DRE #01327240• New Generation Real Estate Group
Source:GEMLS #24008093
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Great opportunity to own a 16 unit apartment community. 2 units are large 3 bedroom / 2 bath single story units. The remaining units are all 2 bedroom / 1.5 bath townhomes. All units have laundry hookups. Rents range from $450 - $600. Potential to increase the income.
GEMLS #704675
May 21, 1998
Sold
$250,000
$118/sq ft
Mar 5, 1998
Price Changed
$325,000
$154/sq ft
Mar 5, 1998
Delisted
—
Jul 14, 1997
Listed
$250,000
$118/sq ft
Check Out The Possibilities Of These 16 Units With Approx 14,306 Sq Ft. 0 Vacancy Factor With Normally Low Mainten- Ance (Difficult Evictions Cause This Year`s Figures To Be High). Asset Manager Ready To Look At All Offers. Call Agent For Inco
Year
Property tax
Land + Additions
Assessment*
2025
$25,055 (+1.8%)
$238,134 + $1,385,512
$1,623,646
2024
$24,609 (+2.3%)
$238,134 + $1,385,512
$1,623,646
2023
$24,057 (+1.0%)
$233,465 + $1,358,346
$1,591,811
2022
$23,823 (+77.1%)
$233,465 + $1,358,346
$1,591,811
2021
$13,454 (+2.5%)
$224,400 + $1,305,600
$1,530,000
2020
$13,125 (−0.3%)
$100,000 + $650,000
$750,000
2019
$13,166 (+2.3%)
$100,000 + $650,000
$750,000
2018
$12,867 (−0.8%)
$100,000 + $650,000
$750,000
2017
$12,977 (+4.1%)
$100,000 + $650,000
$750,000
2016
$12,462 (−1.5%)
$100,000 + $650,000
$750,000
2015
$12,647
$100,000 + $650,000
$750,000
2014
$12,655
$80,000 + $690,000
$770,000
Tax history for 501 Pacheco Rd
Year
Property tax
Land + Additions
Assessment*
2025
$25,055 (+1.8%)
$238,134 + $1,385,512
$1,623,646
2024
$24,609 (+2.3%)
$238,134 + $1,385,512
$1,623,646
2023
$24,057 (+1.0%)
$233,465 + $1,358,346
$1,591,811
2022
$23,823 (+77.1%)
$233,465 + $1,358,346
$1,591,811
2021
$13,454 (+2.5%)
$224,400 + $1,305,600
$1,530,000
2020
$13,125 (−0.3%)
$100,000 + $650,000
$750,000
2019
$13,166 (+2.3%)
$100,000 + $650,000
$750,000
2018
$12,867 (−0.8%)
$100,000 + $650,000
$750,000
2017
$12,977 (+4.1%)
$100,000 + $650,000
$750,000
2016
$12,462 (−1.5%)
$100,000 + $650,000
$750,000
2015
$12,647
$100,000 + $650,000
$750,000
2014
$12,655
$80,000 + $690,000
$770,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-2
Small Lot Single-Unit Dwelling Zone
The purpose of the R-2 zone is to provide land areas for the use and occupancy of single-unit dwellings with or without accessory dwelling units and duplex, triplex, and quadplex dwellings. It is the intent of this zone to promote and encourage single-unit and small multi-unit neighborhoods that provide a livable, walkable and sustainable residential environment. The residential density range for this zone is 6.1 to 13 dwelling units per net acre.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Office
Educational/school
Apr 4, 2021 • Final
Res mpe
Electrical
HVAC
Plumbing
Mar 24, 2020 • Final
Res mpe
Electrical
HVAC
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.