$3,895,000

2020 W ORANGEWOOD Avenue, Phoenix, AZ 85021

Multi-Family Home
Built in 1986
—— sqft lot
—— car garage
$——/sqft
Listed 6 days ago

Property Description

The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors seeing a true turnkey, cash flowing asset with additional upside potential.

Listing Status:: Active
Date Added:: March 26, 2026
Data Last Updated:: April 2, 2026 at 7:07AM
Listing Office:: Matthews Real Estate Investment Services : 310-388-0788
Listing Agent:: Bradley Skenderian :
MLS ID:: 7004263

Flooring: Vinyl
A/C: Individual
Heating: IndividualElectric

Parking: Paved1 Space/UnitParking spaces: 27

Roofing: Composition
General: Wood FramePaintedStucco

Road/Access: Asphalt
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Glendale Union High School District
County: Maricopa

Zoning: R-415719141

Water: Master MeterCity Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Bradley Skenderian , Matthews Real Estate Investment Services

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Washington High School

2217 W Glendale Ave, Phoenix, AZ, 85021

Grades 9-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.