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.
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 · $165,000
$165K and above
75% chance or better to win
Why $165K+ is a strong offer
DAYS ON MARKET
32 days
The average home goes pending in 77 days.
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Interior features
Breakfast bar
Pantry
Full bath in primary bedroom
Laminate counters
Bedrooms
Up to 3 bedrooms
Bathrooms
1 full bathroom
Kitchen
Laminate counters
Pantry
Gas range
Gas oven
Garbage disposal
Refrigerator
Laundry & utility
Washer
Dryer
Heating & cooling
Electric heating
Central air conditioning
Exterior features
Front yard landscaping with grass and sprinklers on an automatic timer
Gravel/stone in back yard
Home design
Attached townhouse
Fee simple ownership
Parking
2 covered parking spaces
2 open parking spaces
2-car carport
Construction
Stucco and block construction
Block fencing
Other roof
Utilities
City water
Public sewer
HOA & community
Homeowners association with a monthly fee of $153.50
HOA covers sewer, exterior maintenance, grounds maintenance, street maintenance, front yard maintenance and trash
Financial info
Currently financed conventionally
Other
Lot features reported from assessor
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
Local insights from Redfin agents
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