Properties
Phoenix, AZ 85029 1702 W SHANGRI LA Road
$480,000
20 more
Presented By: Rosenbaum Realty Group; 480-588-1333
Home Details
Great triplex investment with mountain views! This value offers three separate units, each approximately 700 sq ft. Unit #1 is tenant-occupied, generating $1,110 in monthly rent, while Units #2 and #3 are vacant and ready for immediate occupancy. Each unit features an eat-in kitchen, a living room, tile flooring throughout high-traffic areas, two bedrooms with walk-in closets, and a full bathroom. Residents enjoy access to the large backyard, plus two assigned parking spaces per unit. The location has a bus stop right on the corner, nearby restaurants, shops, North Mountain & Shaw Butte Preserves, Peoria Ave, Winifred Green Park, and easy access to the I-17 fwy. Great multi-family investment, or multi-generational living, or house hacking!
Presented By: Rosenbaum Realty Group; 480-588-1333
Interior Features for 1702 W SHANGRI LA Road
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile, Laminate, Carpet
Heating Y/NYes
General for 1702 W SHANGRI LA Road
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.42
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Painted, Stucco
CoolingCentral Air
CountyMaricopa
DirectionsFrom I-17 N take exit 208 toward Peoria Ave, Merge onto N Black Cyn Hwy, Head East onto W Peoria Ave, Turn left onto N 19th Ave, Turn right onto W Shangri La Rd. Property will be on the left.
DisclosuresSeller Prop Disc Stm
ElectricAPS
Elementary SchoolSunnyslope Elementary School
Elementary School DistrictWashington Elementary School District
Garage Y/NNo
Gross Income35340.0
HeatingElectric
High SchoolSunnyslope High School
High School DistrictGlendale Union High School District
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolSunnyslope Elementary School
MobileHomeRemainsYNNo
Net Operating Income26000.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total3
Open Parking Spaces6.0
Operating Expense1223.0
OwnerPaysTrash Collection, Water, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount1223.0
Tax Lot159-12-046-Q
Tax Year2025
Township3N
Year Built2002
ZoningRESIDENTIAL
Exterior for 1702 W SHANGRI LA Road
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions96x68x24x76x81
Number of Buildings1
Parking FeaturesPaved, Assigned, >1 Space Per Unit
Road Surface TypeAsphalt
SpaNo
Total Parking6.0
Water SourceCity Franchise
Additional Details
Price History
Schools
Middle School
Sunnyslope Elementary School
High School
Sunnyslope High School
