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1055 Allen
For Sale $2,550,000
$2,550,000
- 5 Units
- Unknown Sq Ft
- 10,079 Sq Ft
- Unknown Cap Rate
Description
1055-1057 Allen Avenue is a fully renovated five-unit multifamily property consisting of three buildings situated on a 10,079 sqft lot, offering a compelling blend of modern design, strong tenant demand, and long term investment stability. The property features four (4) 1 bedroom / 1 bathroom units and one (1) detached 2-bedroom / 1-bathroom single-family with a private backyard, All units interior and exterior have been completely gutted and renovated, with no expense spared. Interior upgrades include open floor plans, high ceilings, new flooring, recessed lighting, and modern white kitchens with generous cabinet space. Bathrooms have been upgraded with walk-in showers and contemporary fixtures, and in-unit laundry hookups are provided in every unit. The property offers private garages for each unit, accessed from the alley, along with a professionally landscaped courtyard featuring palm trees and fresh greenery, enhancing curb appeal and tenant satisfaction. This property offers excellent privacy, low operating costs, and minimal management needs. Conveniently located near shopping, dining, and major freeways, making a true turnkey investment with steady income potential and long-term upside in a strong rental market.
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 | $2,550,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 5 spots |
| Year Built | 1926 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 5624008027 |
| MLS # | GD26015222 |
| Property ID | 322233500 |
| Lot Sqft | 10,079 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 4 |
| Original List Price | $2,550,000 |
| Date Updated | January 22, 2026 |
| Date Created | January 21, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $13,750 | $0 |
| Net Income (Yr) | $ 119,147 |
Listing Provided By
Rafik Bazikian an agent of . Lic #01156134
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 22, 2026 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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- 30 mins
- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT