6621 W PASADENA Avenue, Glendale, AZ 85301

$695,000

Property Type: Multiple Dwellings Bedrooms: 8 Baths: 4 Status: Active

Current Price: $695,000 Last Modified: 7/31/2026

Overview

Description

Great Investment Opportunity Fully Occupied 4-Plex! This is your chance to own a cash-flowing 4-plex with low tenant turnover and consistent rent payments. Three of the four 2-bedroom, 1-bath units includes washers and dryers, the other unit has washer/dryer hookups. Residents enjoy the convenience of secure, dedicated storage spaces and covered parking with ample lighting. 4 new Trane AC units (2021). Located near the vibrant Cardinal Stadium, shopping centers, local eateries, and community events, this 4-plex is perfectly positioned to capitalize on Arizona's growth.

Listing Details MLS# 7061019

Location, Tax & Legal

House Number: 6621
Compass: W
Street Name: PASADENA
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 7238
Country: US
County Code: Maricopa
Subdivision: GLENWOOD PLAZA AMD
Assessor Number: 144-65-093-G
Tax Year: 2025
Assessor's Map #: 65
Legal Description (Abbrev): GLENWOOD PLAZA AMENDED LOT 8 E 97.5F OF THE W 345 F
Assessor's Parcel #: 93
Assessor Parcel Ltr: G
Add'l Parcels: No
Tax Municipality: Glendale
Census Tract: 93106
Taxes: 1938
Legal: GLENWOOD PLAZA AMENDED LOT 8 E 97.5F OF THE W 345 F
Marketing Name: GLENWOOD PLAZA AMD

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 10725 SQ FT
Year Built: 1972
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: Yes
Zoning: Gen. Commercial
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Elementary School: Don Mensendick School
Jr. High School: Don Mensendick School
High School: Independence High School

Remarks Misc

Cross Street: 67th Ave/Camelback
Directions: From 67th Avenue. 1 block North of Camelback to W Pasadena Ave. East to Property

Legal Info

Township: 2N
Range: 2E
Section: 18
Lot Number: 8

2 Bedroom Units

# 2 Bedroom Units: 4
Avg Rent: 1175
Avg SqFt: 728
# Baths: Yes

More Information

Structure

Bedrooms Total: 8
Bathrooms Total: 4

Income Expenses

Gross Annual Sch Inc: 56400
Net Operating Income: 32000

Showing Notification Methods

Showing Service: Aligned Showings

Project Type

Four Plex: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Block: Yes

Const - Finish

Stucco: Yes

Roofing

Foam: Yes

Floors

Ceramic Tile: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1938
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 56400

Pmt & Rate Info

Cap Rate: 4.6
Equity: 695000
Down Payment %: 25
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Heat Pump: Yes
Electric: Yes

Cooling

Central Air: Yes

Exterior Amenities

Partially Fenced: Yes
Curb(s) & Gutter(s): Yes
Separate Storage: Yes

Interior Features

Fire/Smoke Alarm(s): Yes
Mini Blinds: Yes

Tenant Pays

Electricity: Yes

Appliances Included

Refrigerator: Yes
Built-In Range: Yes
W/D Hookup: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes
Gravel: Yes

Source of Fincl Data

Books Shwn Accpt Ofr: Yes

Water Source

Master Meter: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

>1 Space Per Unit: Yes

Electric

SRP: Yes
Individual Meter: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Owner May Carry: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Stucco Roofing: Foam Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Partially Fenced; Curb(s) & Gutter(s); Separate Storage Interior Features: Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Built-In Range; Refrigerator; W/D Hookup Heating: Heat Pump Cooling: Central Air Water Source: Master Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: SRP; Individual Meter Gas: None Parking Features: >1 Space Per Unit Road Access Type: City Street Road Surface Type: Gravel; Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Books Shwn Accpt Ofr Lockbox Type: None New Financing: Owner May Carry Environmental: None

Listing Office: Pacwest Properties, Inc

Last Updated: July - 31 - 2026