$400,000
33.37196 -111.862938

1338 W LOBO Avenue Mesa, AZ 85202

$400,000
Est. Monthly $2,210 with $2,112 in taxes recalculate
 

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CENTURY 21 Arizona Foothills
3930 East Chandler Boulevard
Suite 1
Phoenix, AZ 85048
480.­704.8000
480.­704.8000
CENTURY 21 Arizona Foothills
3930 East Chandler Boulevard Phoenix, AZ 85048
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1338 W LOBO Avenue
Mesa, AZ 85202

Explore This Property

Multi-Family (2-4 Units) - This property is being sold to investors only as it currently operates as an assisted living facility. The current lease is a three year lease for $3000 per month. The tenant has the option to extend the lease each year for seven additional years. If the tenant extends the landlord can negotiate a higher monthly lease amount. The home has nine bedrooms three bathrooms and an office. The Home and business is licensed for a maximum of 10 residents. There is a large great room with lots of natural light and a big screen TV. Premium location for this type of business in Mesa.
MLS # 5631076
Courtesy Of edge realty

Property Features

  • Age: 31-40 Years Old
  • Architecture Style: Other
  • Exterior Type: Stucco
  • Floor Covering: Carpet, Tile - Ceramic, Vinyl
  • Parking Type: Paved or Surfaced
  • Roof Type: Composition Shingle

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $2,210Your estimated monthly payment
    $80,00020% Down Payment
    $400,000 $360,000 $2,112
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    WASHINGTON ELEMENTARY SCHOOL
    Grades K-6 | Public School

    MESA, AZ 85202
    2260 W ISABELLA AVE
    480-472-4100
    1.3
    miles

    Total Students 450
    Student Teacher Ratio 19:1

    School Rating

    3 stars View School Details
    Middle School
    RHODES JUNIOR HIGH SCHOOL
    Grades 7-8 | Public School

    MESA, AZ 85202
    1860 S LONGMORE
    480-472-2300
    0.7
    miles

    Total Students 960
    Student Teacher Ratio 20:1

    School Rating

    2 stars View School Details
    High School
    DOBSON HIGH SCHOOL
    Grades 9-12 | Public School

    MESA, AZ 85202
    1501 W GUADALUPE RD
    480-472-3000
    0.5
    miles

    Total Students 2550
    Student Teacher Ratio 22:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Franklin At Alma Elementary 0.1 mi Public K-6
    Eagleridge Enrichment Program 0.1 mi Public K-8
    St Timothy Catholic School 0.3 mi Catholic K-8
    Crismon Elementary School 0.6 mi Public K-6
    Summit Academy K-6 1.3 mi Public K-8
    Primavera - Online 1.5 mi Public 6-12
    Desert Sun Child Development Center 1.6 mi Private PRESCHOOL-K
    Jordan Elementary School 1.8 mi Public PRESCHOOL-K
    Mesa Montessori 1.8 mi Private PRESCHOOL-K
    Redbird Elementary School 1.9 mi Public K-6
    Bethany Christian School 1.9 mi Private K-8
    Pomeroy Elementary School 1.9 mi Public K-6
    Sun Valley Learning Center 2.0 mi Private PRESCHOOL-K
    Adams Elementary School 2.0 mi Public K-6
    Mesa Transitional Learning Center 2.1 mi Public 3-12
    Sirrine Elementary School 2.1 mi Public K-6
    East Valley Academy 2.1 mi Public 9-12

    Local Area Information for Mesa, AZ 85202

    Median Age: 32.8
    Married: 29.1%
    Number of Households: 16,841
    Households with Children: 4,061
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.