WOW!! This property is currently occupied with a tenant in place, making it a turnkey investment opportunity from day one. Recently updated and well maintained, it requires minimal upkeep and sits in a prime location with strong rental demand. Whether you're looking to expand your portfolio or get started with a performing asset, this is the kind of deal that rarely hits the market in this price range. The entire package includes three homes, all cash flowing, all in solid condition, and all positioned for appreciation. You won't find anything else that checks this many boxes at this price point. Reach out for full details and financials on the complete package.
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Sevilla West School
Public 4-8 • Assigned • 0.4mi
4/10
Alhambra High School
Public 9-12 • Assigned • 0.3mi
3/10
Provided by GreatSchools
About
Alhambra
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
Offer insights
4002 W Palomino Rd · $155,000
$155K and above
75% chance or better to win
Why $155K+ is a strong offer
DAYS ON MARKET
75 days
The average home goes pending in 78 days.
SALE-TO-LIST
97.2%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Interior features
Breakfast bar
Bedrooms
Three possible bedrooms
Bathrooms
One full bathroom
Kitchen
Refrigerator, disposal, gas range, gas oven
Pantry
Laminate counters
Laundry & utility
Washer and dryer
Heating & cooling
Electric heating
Central air conditioning
Exterior features
Front lawn with automatic sprinklers
Gravel/stone backyard
Block fencing
Home design
Attached townhouse
Parking
Two covered parking spaces
Two open parking spaces
Two carport spaces
Construction
Stucco and block construction
Other roof type
Utilities
Public sewer
HOA & community
Monthly association fee includes sewer, grounds and exterior maintenance, street maintenance, front yard maintenance, and trash
Electricity and solar
View estimated energy costs and solar savings for this home
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
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
6 days above 112° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Phoenix, AZ • 85019
Average low and high temperatures (°F)
69
44
79
51
85
57
87
61
95
69
106
79
108
84
108
85
99
78
88
64
76
52
74
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Phoenix. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4002 W Palomino Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $175,000 and $315,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $175K to $315K.