$719,554
Phoenix, AZ 85042
MLS# 6523995
Status: Closed
1 / 18
Property Description
Great Re-development opportunity on nearly 1.6 acre lot. Prelim Plans are in the works with the City of Phoenix for 8 single family homes, individually platted. See attached plans. There are currently 2 tenants that are on month to month lease to generate income. Total 1,730 sf of living space. Please DO NOT disturb tenants.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $719,554
Sold Price: $719,554
Status: Closed
List Date: 2023-02-22
Location, Tax & Legal
Assessor's Map #: 29
Assessor's Parcel #: 92
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 116400
Taxes: 2276
Legal: S 616.50F OF TH PT SE4 SE4 SEC 28 & NE4 NE4 SEC 3 3 BEG AT PT ON SEC LN COMM TO SECS 28 & 33 WH BEA
Marketing Name: Duplex on 1.6 Ac. Lot
Map Code/Grid: R34
House Number: 1434
Compass: E
Street Name: ALTA VISTA
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85042
Zip4: 4423
County Code: Maricopa
Subdivision: N/A
Assessor Number: 114-29-092-A
Tax Year: 2022
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 20
Lot Size Dimensions: 69,304
Total # of Units: 2
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Year Built: 1960
Zoning: R1-6
Legal Info
Range: 3E
Section: 33
Township: 1N
Lot Number: A
Project Type
Duplex: 1
5 - 12 Units: 1
Other (See Remarks): 1
Other Type
House + Rental Units: 1
Packaged Offering: 1
Other (See Remarks): 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2276
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 25200
Pmt & Rate Info
Cap Rate: 2.71
Equity: 790000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Central: 1
Cooling
Central Air: 1
Window/Wall Unit: 1
Exterior Amenities
Fenced: 1
Other (See Remarks): 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Tenant Pays
Gas: 1
Water: 1
Electricity: 1
Cable TV: 1
Landscaping: 1
Appliances Included
Dishwasher: 1
Refrigerator: 1
Free-Standing Range: 1
Road Access Type
Alley: 1
Road Surface Type
Dirt: 1
Gravel: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Other: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Electric: 1
Trash Collection: 1
New Financing
Conventional: 1
Special
Owner/Agent: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
ALTA Survey Availbl: 1
Environmental
None: 1
Efficiency Units
# Efficiency Units: 1
Avg Rent: 750
Avg SqFt: 500
# Baths: 1
1 Bedroom Units
Avg Rent: 750
Avg SqFt: 500
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1350
Avg SqFt: 1230
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 16th St + Southern Ave
Directions: From North or South
-Drive on S. 16th Street
-enter Alta Vista Drive
-Right on 14th Way
-Lot is 2nd property on left
Geo Lat: 33.389668
Geo Lon: -112.050308
Status Change Info
Off Market Date: 2023-06-27
Under Contract Date: 2023-05-08
Close of Escrow Date: 2023-06-26
Sold Price: $719,554
Income Expenses
Gross Annual Sch Inc: 25200
Net Operating Income: 21444
Property Features
Project Type: Duplex; 5 - 12 Units; Other (See Remarks)
Other Type: House + Rental Units; Packaged Offering; Other (See Remarks)
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Other
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; Other (See Remarks)
Interior Features: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher
Heating: Central
Cooling: Window/Wall Unit; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Other
Road Access Type: Alley
Road Surface Type: Gravel; Dirt
Owner Pays: Water; Electric; Trash Collection
Tenant Pays: Water; Electricity; Gas; Cable TV; Landscaping
Source of Fincl Data: Owner
Special: Owner/Agent
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional
Environmental: None
Listing Office: RE/MAX Solutions
Last Updated: April - 07 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
