Fantastic Shovel Ready Multi-Family Land Opportunity! All plans both Civil & Construction Docs are Fully Approved with City. Perfect for Affordable, Student or Assisted Housing Community. Close Proximity to Grand Canyon University and Fenway Access. Approved Site & Floorplans are in Docs Tab. 14 Units with a mix of 6 2bed/2bath and 8 1bed/1bath totaling 14,284sqft Livable With In Unit Laundry & Balconies, Patios For All Units!
Alhambra, located between Grand Canyon University and the I-17 corridor, is a residential and commercial Phoenix neighborhood with mid-century ranch streetscapes and a grid of palm-lined arterials. The neighborhood’s character concentrates around the 35th Avenue and Camelback Road intersection, where taquerias, panaderías, barbershops, and late-night eateries keep the sidewalks active. Grand Canyon University’s campus edges bring collegiate energy and newer mixed-use pockets. Alhambra’s housing stock leans toward brick ranch homes and low-rise garden apartments, with mature shade trees softening wide streets. Grand Canyon University Arena and the nearby GCU Golf Course act as local landmarks for events and open green views. Canal paths and neighborhood parks add space for walking and biking across the flat desert terrain.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Level interior
Exterior features
Block fencing
Corner lot
Home design
Conventional property (single listing)
Construction
No other structures noted
Utilities
Electric service provided by SRP
Public sewer available
Water service via city franchise
Water and sewer on property
Electric on property
Financial info
Annual tax (2024): $1,641
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 3928 W Camelback Rd Unit -
Sale History
Tax History
Date
Event
Price
ARMLS #6821970
Feb 2, 2026
Price Changed
$595,000
Aug 16, 2025
Price Changed
$640,000
Jul 30, 2025
Price Changed
$650,000
Feb 17, 2025
Listed
$695,000
ARMLS #6456984
Mar 30, 2023
Listing Removed
—
Oct 5, 2022
Price Changed
$850,000
Sep 15, 2022
Relisted
—
Sep 12, 2022
Contingent
—
Aug 30, 2022
Listed
$900,000
ARMLS #6151168
Dec 30, 2020
Sold
$300,000
Dec 1, 2020
Pending
—
Oct 23, 2020
Listed
$350,000
R5 ZONED Corner lot on Camelback and 39th Ave Unique opportunity to invest and develop a high demand multifamily product of 18 units in Phoenix. Strong rental demand area in a residential area of the west Valley in Green Briar Estates. Preliminary drawings for 18 two bedroom units with in unit laundry and family friendly amenity already submitted to City of Phoenix. Proforma stabilized NOI as 18 unit rental around $283K per annum!
Public Records
Dec 12, 2019
Sold
$170,000
Public Records
Nov 8, 1979
Sold
$86,000
Public Records
Oct 15, 1973
Sold
$38,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,806 (+10.1%)
2024
$1,641 (−0.5%)
2023
$1,649 (+1.6%)
2022
$1,623 (−63.0%)
$17,940
2021
$4,391 (+4.0%)
$28,836 + $11,736
$40,572
2020
$4,221 (+1.2%)
$34,380 + $11,880
$46,260
2019
$4,169 (−5.9%)
$31,770 + $11,520
$43,290
2011
$4,431 (−2.0%)
$19,900 + $8,931
$28,831
2010
$4,523 (−10.3%)
$30,765 + $13,282
$44,047
2009
$5,046
$32,230 + $14,976
$47,206
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.44 Acres
Year renovated
1980
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,539
Year built
1974
Style
Single Family Residential
County
Maricopa County
APN
14526034
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 7, 2026.
R-5
Multifamily Residence-Restricted Commercial District
The purpose of the multi-family residence districts is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes; The density ranges offered are intended to allow for a greater interaction of residents with at least the opportunity for less individual maintenance, unit cost, and size as compared with a conventional single-family residence.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Educational / school
Fire house
Police station
Aug 13, 2018 • Active
Utility construction in public right of way
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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