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2004 27th Ave
For Sale $995,000
$995,000
- 7 Units
- Unknown Sq Ft
- 3,750 Sq Ft
- Unknown Cap Rate
Description
Priced at just $142,000 per unit, the offering delivers a compelling 6.08% cap rate and 9.32 GRM. The property is comprised of two separate buildings—a five-unit structure and a duplex—enclosed by a perimeter fence, providing both privacy and security for residents. Recent capital improvements include upgraded electrical subpanels throughout, ensuring modern infrastructure and reduced future maintenance costs. Interior upgrades further enhance the property’s desirability, with five of the seven units featuring updated kitchens and bathrooms that appeal to today’s renter preferences. Beyond current performance, the property offers investors over 30% in rental upside, creating an opportunity to drive NOI and substantially increase value over time.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $995,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 267419 |
| MLS # | 41108990 |
| Property ID | 322104066 |
| Lot Sqft | 3,750 |
| Zoning | Unknown |
| Total Units | 7 |
| Days on Market | 133 |
| Original List Price | $995,000 |
| Date Updated | August 28, 2025 |
| Date Created | August 21, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Ken Wu an agent of Compass. Lic #02131550
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of August 28, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT