7910-7920 E Wilshire Drive, Scottsdale, AZ 85257

$4,800,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $4,800,000 Last Modified: 3/10/2025

Overview

Description

The Trullies is an impeccably maintained gated garden-style fully furnished turn key occupancy 12-unit boutique condo community. Located in a quaint Scottsdale neighborhood just blocks from Old Town. Built in 1984 and completely transformed in 2015. The Trullies enjoys all the flair of a Mediterranean resort with modern European interior finishes. The renovations include wood plank tile floors, Thermofoil euro style kitchen cabinets, reclaimed wood shelving & pantry, prep island, granite countertops, farm sink, stainless steel appliances, washer/dryer, contemporary bathrooms with glass tile shower & tub surrounds, Euro-style glass shower enclosures, stainless steel/cast-iron sink vanities & low-flow toilets. Each has a private patio or walk-out balcony. See supplement for more info...

Supplements: The exterior includes a grand ramada, designer outdoor furniture, gas fireplace, 2 gas BBQs, heated pool & spa, mature & maintained climate resistant lush landscape with beautiful trees & date palms, Sunbrella awnings & corrugated steel planter boxes thru-out. There are (8)-2 bed/2-bath 980sf units & (2)-4 bed/4-bath 1980sf units (currently split-u ...

Listing Details MLS# 6199107

Location, Tax & Legal

Map Code/Grid
P37
House Number
7910-7920
Compass
E
Street Name
Wilshire
St Suffix
Drive
City/Town Code
Scottsdale
State/Province
AZ
Zip Code
85257
County Code
Maricopa
Subdivision
Trullies Condominiums
Assessor Number
131-23-049
Tax Year
2020
Assessor's Map #
23
Assessor's Parcel #
49
Add'l Parcels
Yes
Tax Municipality
Maricopa - COUNTY
Taxes
9132
Legal
will be provided in escrow
Marketing Name
TRULLIES

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
unknown
Year Built
1984
Total # of Units
12
# of Buildings
2
Zoning
Multi Family
Flood Zone
No
Elementary School District
Scottsdale Unified District
High School District
Scottsdale Unified District
Elementary School
Pima Elementary School
Jr. High School
Supai Middle School
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
Hayden & Thomas
Directions
From the 101 go West on Thomas to Hayden, turn (L) South on Hayden to Wilshire and turn (R) West. The property is the second complex on the north side of Wilshire

Status Change Info

Off Market Date
2021-06-03
Under Contract Date
2021-04-12
Close of Escrow Date
2021-06-23

Legal Info

Lot Number
1-10

More Information

Income Expenses

Gross Annual Sch Inc
504000
Net Operating Income
236052

2 Bedroom Units

# 2 Bedroom Units
8
Avg Rent
4000
Avg SqFt
980
# Baths
2

4 Bedrooms Units

# 4 Bedroom Units
2
Avg SqFt
1960
# Baths
4
Avg Rent
0

Contact Info

List Agent Home Phn
480-215-4314
List Agent Hme Phn 2
602-989-2343
List Agent Cell Phn2
480-215-4314

Sold Info

Loan Type
Other
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

5 - 12 Units
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Built-Up
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes
Personal Property
Yes
Pool Equipment
Yes
Laundry Equipment
Yes

Income & Expenses

Annual Elec Exp
23000
Annual Gas Exp
7000
Annual Ins Exp
7000
Annual Land Lse Exp
0
Annual Landscape Exp
18000
Annual Legal & Acctg
10000
Annual Maint Exp
14000
Annual Mgmt Exp
20000
Annual Trash Exp
12000
Annual Wtr/Swr Exp
18000
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
36000
Operating Exp
174132
Other Income
2400
Vacancy Allowance
0.19
Adjusted Gross Inc
410184

Status Update

Multiple Offers Recd
Yes

Pmt & Rate Info

Cap Rate
5.25
Equity
4500000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Lockbox Type

None
Yes

Community Features

Heated Pool(s)
Yes
Heated Spa(s)
Yes
Manager Res/Office
Yes
Barbecue
Yes
Other
Yes
See Remarks
Yes

Heating

Electric
Yes
Central
Yes

Cooling

Central Air
Yes

Exterior Amenities

Landscape Water System
Yes
Green Landscaping
Yes
Fenced
Yes
Cable TV Available
Yes
Sidewalk(s)
Yes
Patio/Balcony
Yes
Separate Storage
Yes
Security Light(s)
Yes

Interior Features

Furnished
Yes
Fire/Smoke Alarm(s)
Yes
Vertical Blinds
Yes
Mini Blinds
Yes
Breakfast Bar
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes

Road Surface Type

Asphalt
Yes
Concrete
Yes

Source of Fincl Data

Owner
Yes
Books Shwn Accpt Ofr
Yes

Water Source

Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Garage
Yes
>1 Space Per Unit
Yes
Paved
Yes
Add'l Parking Avail
Yes

Electric

SRP
Yes
Individual Meter
Yes

Gas

SW Gas
Yes
Master Meter
Yes

Owner Pays

Water
Yes
Sewer
Yes
Gas
Yes
Trash Collection
Yes
Landscaping
Yes
Pool Maintenance
Yes

New Financing

Conventional
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up Floors: Ceramic Tile; Carpet Sale Includes: Land & Building; Personal Property; Pool Equipment; Laundry Equipment Community Features: Heated Pool(s); Heated Spa(s); Manager Res/Office; Barbecue; Other; See Remarks Exterior Amenities: Landscape Water System; Green Landscaping; Fenced; Cable TV Available; Sidewalk(s); Patio/Balcony; Separate Storage; Security Light(s) Interior Features: Furnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds; Breakfast Bar Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Central Cooling: Central Air Water Source: Master Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: SW Gas; Master Meter Parking Features: Garage; >1 Space Per Unit; Add'l Parking Avail; Paved Road Surface Type: Asphalt; Concrete Owner Pays: Water; Gas; Trash Collection; Landscaping; Pool Maintenance Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner; Books Shwn Accpt Ofr Status Update: Multiple Offers Recd Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None
Listing Office: HomeSmart
IDX
Last Updated: March - 10 - 2025
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