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Map
$1,218,355*
●
Multifamily -
Off Market
720 E MONTECITO Avenue #14
Phoenix, AZ 85014
Studio
0 Bath
$702,000 - $856,000
Reference Base Price*
56.40%
Since Apr 1, 2020
AZ-Phoenix
Primary Model
About This Property
BEAUTIFULLY renovated Triplex with fully permitted, roughed in 4th
unit. NEW ACs, NEW wide plank wood tile floors, NEW stunning
kitchens with tile backsplash and granite slab counters! NEW baths,
NEW faux wood blinds, NEW Stainless Steel full sized appliances,
NEW full size laundry in each unit, too much to list! AND patios
with white picket fences and plenty of outdoor space for tenants!
6.39% CAP Actual, 7.96% CAP Pro Forma2 Units are long term
rentals1 Unit is an AirBnB1 Unit is permitted for a 2/1 and is
roughed in ready for Buyers finishing touches!Turn key investment
property with Value Add opportunity!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,088
HOA Dues
-
Year Built
1955
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Dec 5, 2019 | Price Decreased |
$779,000
↓ $10K
(1.3%)
|
|
| Price Decreased | |||
| Aug 30, 2019 | Listed | $789,000 | |
| Listed | |||
Property Highlights
720 E MONTECITO Avenue #14, Phoenix, AZ, 85014
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Other
Loft
2
Baths
2,085 ft²
$372/ft²
$775,000
Sep 20, 2023
-
$1,148/mo
Active
Other
Loft
2
Baths
2,067 ft²
$363/ft²
$750,000
Feb 21, 2024
-
$171/mo
Other
Loft
2
Baths
1,419 ft²
$485/ft²
$688,917
Oct 23, 2023
-
$542/mo
Other
Loft
2
Baths
1,363 ft²
$499/ft²
$680,517
Oct 25, 2023
-
$542/mo
Other
Loft
2
Baths
1,419 ft²
$478/ft²
$678,917
Aug 30, 2023
-
$542/mo
Other
Loft
2
Baths
1,419 ft²
$471/ft²
$668,880
Nov 13, 2023
-
$542/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
08/30/2019
|
Studio
|
-
|
-
|
$789,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
