About The Property

Desert Jewel is an 11-unit, garden-style apartment community built in 1960 and renovated in 2017, located in the highly desirable Arcadia-Lite submarket of Phoenix. The property is individually metered for electricity and offers ample resident parking, including a covered carport. The unit mix consists of (2) 1-bed/1-bath, (2) 2-bed/1-bath, and (7) 2-bed/2-bath units averaging 823 SF. Current interior renovations feature stainless steel appliances, kitchen islands, updated light fixtures, and in-suite washer & dryer. A light value-add opportunity remains through exterior renovations. Ideally positioned just minutes from Biltmore Fashion Park, Camelback Mountain hiking trails, Biltmore Golf Club, and Downtown Phoenix. Seller recently replaced underground sewer line.
Courtesy of ABI Multifamily 602-714-1400
Listing Snapshot
Days Online
25
Last Updated
Property Type
Multiple Dwellings
Year Built
1960
MLS Number
7060274
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer, W/D Hookup
Building
Built in 1960, Construction materials: Painted, Stone, Block, 11 total units
Cooling
Central Air, Ceiling Fan(s), Individual
Floors
Vinyl
Heating
Individual, Central
Parking
>1 Space Per Unit, On Street, Carport, 15 total parkings
Property
Zoning: R-3
Roof
Composition
Sewer
Public Sewer
Taxes
Annual amount: $6,363, Lot: 155
Utilities
City Electric, Individual Meter
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30 Days Snapshot Of 85018
$2.00M
+46%
(avg) sold price
22
-52%
homes sold
74
-29%
(avg) days on market
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