2020 W Orangewood Avenue, Phoenix, AZ 85021
Local realty services provided by:CENTURY 21 Arizona West
2020 W Orangewood Avenue,Phoenix, AZ 85021
$3,895,000
- 28 Beds
- 41 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: bradley skenderian
Office: matthews real estate investment services
MLS#:7004263
Source:ARMLS
Price summary
- Price:$3,895,000
About this home
The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors seeing a true turnkey, cash flowing asset with additional upside potential.
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Home facts
- Year built:1986
- Subdivision & Development:TERRA BELLA
- Listing ID #:7004263
- Updated:October 04, 2026 at 03:10 PM
Rooms and interior
- Bedrooms:28
- Total bathrooms:41
- Flooring:Vinyl
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1986
- Construction Materials:Painted, Stucco
Utilities
- Water:City Franchise, Master Meter
Finances and disclosures
- Price:$3,895,000
- Tax amount:$5,371 (2025)
Parking
- Total parking spaces:27
- Parking description:1 Parking Space/Unit, Paved
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