1519 W DESERT COVE Avenue, Phoenix, AZ 85029
New Listing
$450,000
Property Type:
Comm/Industry Sale
Square Footage:
1,726
Lot Size (sq. ft.):
6,900
Status:
Pending
Current Price:
$450,000
List Date:
2/24/2025
Last Modified:
2/24/2025
Description
1519 W Desert Cove Ave offers a value-add investment opportunity within the desirable Sunnyslope Submarket. The property features three fully occupied units, including one 2-bedroom, 1-bathroom unit ($1,171/Mo), and two 1-bedroom, 1-bathroom units ($1,136/Mo & $1,146/Mo). All tenants are on month-to-month leases. This complex is conveniently located across the street from an 88-unit affordable housing project led by Commonwealth Development. Units are individually metered for electric and gas, with each unit charged $71/Mo for water/sewer. A great opportunity with significant upside potential!
More Information MLS# 6811485
Contract Info
Current Price: $450,000
List Price: $450,000
Status: Pending
List Date: 2025-01-27
Ownership: Fee Simple
Location Tax Legal
House Number: 1519
Compass: W
Street Name: DESERT COVE
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85029
Zip4: 5959
Country: USA
County Code: Maricopa
Subdivision: DESERT COVE EXTENSION LOTS 5-12, 21, 24-28
Assessor Number: 159-14-004-C
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 1726
# of Buildings: 1
Year Built: 1970
Uncvrd Parking Spcs: 3
Zoning: M-M, R-3
Remarks Misc
Cross Street: N 15th Ave & W Desert Cove Ave
Directions: South on 19th Ave to Desert Cove, East to the property.
Geo Lat: 33.585501
Geo Lon: -112.09199
Status Change Info
Status Change Date: 2025-02-24
Off Market Date: 2025-02-24
Under Contract Date: 2025-02-21
Legal Info
Township: 3N
Range: 3E
Section: 19
Lot Number: 1
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Building Type: Other (See Remarks)
Current Use: Other
Stories: 1 Story
Construction: Block; Tilt-Up; Other (See Remarks)
Roofing: Comp Shingle; Other (See Remarks)
Floors: Other
Ceiling Height: 8 Feet or Less
Heating: Other
Cooling: Other
Loading Facilities: None; Other (See Remarks)
Interior: Finished; Other (See Remarks)
Exterior: Other (See Remarks)
Fencing: Other
Amenities: Other (See Remarks)
Parking: Paved Parking; Other (See Remarks)
Electric: APS; Other (See Remarks)
Gas: SW Gas; Other (See Remarks)
Water: City Franchise; Other
Sewer: Sewer - Public; Other (See Remarks)
New Financing: Other (See Remarks)
Showing Notification Methods: Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Unknown
Environmental: None; Other (See Remarks)
Listing Office: R.O.I. Properties
Last Updated: February - 24 - 2025
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