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
Overview
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.
Listing Details MLS# 6989878
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
- 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
Contract Info
- Ownership
- Fee Simple
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
Legal Info
- Township
- 2N
- Range
- 2E
- Section
- 8
- Lot Number
- 8
Income Expenses
- Gross Annual Sch Inc
- 572400
- Net Operating Income
- 395000
More Information
Showing Notification Methods
- Showing Service
- No Showing Service Used
- Text
- Yes
- Phone Call
- Yes
1 Bedroom Units
- # 1 Bedroom Units
- 24
- Avg Rent
- 1275
- Avg SqFt
- 720
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 12
- Avg Rent
- 1425
- Avg SqFt
- 900
- # Baths
- 2
Project Type
- 25 - 50 Units
- Yes
Construction
- Block
- Yes
- Wood Frame
- Yes
Const - Finish
- Cement Siding
- Yes
- Stucco
- Yes
Roofing
- Composition
- Yes
Floors
- Laminate
- Yes
- Vinyl
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
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
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
- Manager Res/Office
- Yes
Heating
- Forced Air
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
- Partially Fenced
- Yes
- Cable TV Available
- Yes
- Sidewalk(s)
- Yes
- Patio/Balcony
- Yes
Interior Features
- Fire Sprinklers
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Built-In Electric Oven
- Yes
- Disposal
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
Road Access Type
- City Street
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Road Responsibility
- Private Maintained Road
- Yes
Water Source
- City Franchise
- Yes
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
- On Street
- Yes
- >1 Space Per Unit
- Yes
Electric
- APS
- Yes
- Individual Meter
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- No Carry
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
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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