37 W PASADENA Avenue, Phoenix, AZ 85013 (MLS# 6928051)

Project Type: Other (See Remarks)

Other Type: House + Rental Units

Construction: Wood Frame

Const - Finish: Stucco

Roofing: Shake

Floors: Tile; Concrete; Carpet

Sale Includes: Land & Building; Personal Property; Pool Equipment; Laundry Equipment

Community Features: Other; See Remarks

Exterior Amenities: Landscape Water System; Fenced; Partially Fenced; RV/Boat Parking; Curb(s) & Gutter(s); Cable TV Available; Patio/Balcony; Separate Storage; Security Light(s)

Interior Features: Furnished; Fire/Smoke Alarm(s); Fire Sprinklers; Mini Blinds; Breakfast Bar

Appliances Included: Free-Standing Electric Oven; Free-Standing Gas Oven; Built-In Range; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup

Heating: Natural Gas; Central; 2 or More Units

Cooling: Ceiling Fan(s); Central Air; 2 or More Units

Water Source: Master Meter

Sewer: Sewer - Public

Electric: APS; Submetered System; Individual Meter

Gas: SW Gas

Parking Features: Garage; <1 Space Per Unit; Detached Garage; Garage Door Opener; RV Access/Parking

Road Access Type: City Street

Road Surface Type: Asphalt

Road Responsibility: City Maintained Road

Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping; Pool Maintenance

Tenant Pays: None

Source of Fincl Data: Owner; Projected Proforma

Lockbox Type: See Private Remarks

Existing 1st Loan: Conventional

Existing 1st Loan Type: Fixed

Existing 1st Loan Terms: Non Assumable

New Financing: Cash; VA; Conventional; 1031 Exchange

Environmental: None

Historic Medlock Place - Mid-Century Modern Oasis on Half Acre with Guest Units, Pool, Multi-Rental Income & R-3 Zoning Welcome to a rare opportunity in the heart of the Medlock Historic District. This 1948 mid-century ranch on a flood-irrigated half-acre blends vintage character, thoughtful updates, and extraordinary versatility. Zoned R-3, the property is ideal for multi-rental income, short-term rentals, a bed & breakfast, assisted living, multi-generational livingor simply enjoyed as your own private retreat in one of Phoenix's most beloved historic neighborhoods. Food Forest & Lush Grounds The property is a true urban oasis, lined with mature flowering oleander, bougainvillea, prickly pear, ocotillo, hibiscus, roses, plumeria, and more. A thriving food forest offers Mexican lime, fig, pear, blood orange, orange, ruby red grapefruit, multiple mulberries, moringa, atemoya, mango, sapodilla, pomegranate, pink lemon, jackfruit, kumquat, and lemon trees. The grounds feature RainBird drip irrigation in the backyard, pop-up sprinklers in the front, and flood irrigation throughout. Main Ranch Home (1948) The main residence offers three AC split systems for zoned climate control, updated bathrooms (2023), a primary suite with kitchenette and 220v power, and original stained concrete flooring. Other highlights include re-insulation (2024), copper electrical conduit, a fire sprinkler system (2018), wood and cellular blinds, stackable washer/dryer, and a cozy gas fireplace. Outdoors, enjoy a resurfaced pool (2018) with newer pump (2024), outdoor shower, and gas line hookups for heating or firepit. Patio and underground wiring with lighting were added in 2019. The home is fully gated with coded Schlage locks and modern security including Google lighting controls and cameras. Apartment Building (1978) The 1,900 sq ft apartment building offers double-paned windows, granite counters, stained concrete flooring, and two AC units (4-ton and 3-ton). Originally designed as a duplex, it can be easily re-configured, with quotes on file. This structure provides excellent rental income potential, staff housing, or guest accommodations. Guest House & Additional Facilities A 900 sq ft guest house with four-ton AC (2020) includes stained concrete floors, ceiling fans, a full kitchen, walk-in closet, stackable washer/dryer, and gutters with shade sails. A separate 350 sq ft laundry facility includes two washers, two dryers, AC, and fridge. The property also includes a three-car garage with wall-to-ceiling shelving and updated garage door mechanism (2020). Infrastructure & Updates Upgrades include: new roof (2018), fresh exterior paint, raised foundation throughout, four functional elevated water heaters, multiple electrical panels (three main, seven sub-panels), copper plumbing/electrical, ABS sewer lines, and gutters on both main and guest structures. Parking includes a concrete pad for five vehicles plus alley parking with gated access for four more. Rare Offering With its historic setting, extensive fruit trees, pool, multiple residences, and flexible R-3 zoning, this property offers endless opportunitieswhether as a multi-rental income investment, boutique hospitality property, assisted living facility, or a one-of-a-kind private retreat hidden within Phoenix's vibrant core.