$3,895,000

2020 W ORANGEWOOD Avenue, Phoenix, AZ 85021

TERRA BELLA · Maricopa County

Built 1986 No HOA

67 days on market

Description

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.

Property details

Interior

Bathrooms

Total Bathrooms: 0

Appliances

Built-In Range
Refrigerator
Disposal
Microwave
Washer/Dryer

Heating and Cooling

Cooling Features: Varies by Unit
Heating Features: Electric, Varies by Unit

Exterior

Land Info

Lot Size Dimensions: 12,458

Garage and Parking

Attached Garage: No
Parking Features: 1 Space/Unit, Paved

Community

Neighborhood

Subdivision: TERRA BELLA

Listing

Other Property Info

Annual Tax Amount: $5,371
Source Listing Status: Active
County: Maricopa
Parcel Number: 157-19-141
Zoning: R-4
Postal City: Phoenix
Listing Date: 3/26/2026
MLS#: 7004263

Features

Building and Construction

Year Built: 1986
Property Age: 40
Construction Materials: Wood Frame, Painted, Stucco
Roof: Composition

Utilities

Water Source: Master Meter, City Franchise

Contact Us

Ask a question or schedule a showing

Listed by Bradley Skenderian Matthews Real Estate Investment Services

Listing updated: March 26, 2026

MLS#: 7004263

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