2020 W ORANGEWOOD Avenue, Phoenix, AZ 85021

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:

May 21, 2026 at 3:08AM

Listing Office:

Matthews Real Estate Investment Services : 310-388-0788

Listing Agent:

Bradley Skenderian :

MLS ID:

7004263

Interior

• Flooring: Vinyl
• A/C: Individual
• Heating: IndividualElectric

Exterior

• Parking: Paved1 Space/UnitParking spaces: 27

Construction

• Roofing: Composition
• General: Wood FramePaintedStucco

Location

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

Lot

• Zoning: R-415719141

Utilities

• Water: Master MeterCity Franchise
• Sewer: Public Sewer

Financial

• Source: Arizona Regional Multiple Listing Service 2