Los Pinos Listing Details & Market Data

48 West Tamarisk Street, Phoenix, AZ 85041

  • For Sale $950,000
  • Property Type Multi-Family
  • Property Size 4,707 SF
  • Units 10
  • Lot Size 0.54 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1936
  • Date Updated Apr 16, 2024
Discover the vibrant neighborhood surrounding the property at 48 West Tamarisk Street, Phoenix, AZ, 85041. Situated in the heart of Phoenix, this area offers a wealth of dining options, from trendy cafes to upscale restaurants. With convenient access to major highways and public transportation, commuting is a breeze. Nearby attractions include the breathtaking South Mountain Park, offering outdoor recreational activities and scenic hiking trails. The area also boasts proximity to Arizona State University's Downtown campus, providing access to top-tier talent and resources. Experience the energy and opportunity of Phoenix from this prime location.Introducing a prime investment opportunity! This charming 10-unit property, located at 48 West Tamarisk Street, boasts a vintage 1936 build with a total of 4,707 SF. Ideally suited for the savvy Multifamily / Low-Rise/Garden investor, this R-3 zoned gem offers a solid foundation for expansion. With an enviable 50% occupancy rate, there's ample potential to capitalize on the bustling Phoenix market. Don't miss the chance to add this promising property to your portfolio and reap the rewards of its attractive features and strategic location.

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Highlights

  • - Vintage 1936 building with timeless charm
  • - 10 diverse units for varied rental income potential
  • - Spacious 4,707 SF layout for comfortable living spaces
  • - R-3 zoning opens up exciting development possibilities
  • - Prime location in the vibrant Phoenix area
  • - Solid investment opportunity with 50% occupancy rate
  • - Well-maintained property with strong investment potential
  • - Established rental history for reliable income streams
  • - Historical appeal combined with modern investment potential

Contacts

broker

Dana Hearon

Insignia CRE - AZ

(408) 497-5574

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (67)

  • Transit Score ®

    Some Transit (47)

  • Bike Score ®

    Very Bikeable (81)
Powered by Walk Score ®
  • City Phoenix, AZ
  • Neighborhood South Mountain Highland Terrace
  • Zip Code 85041
  • Market Phoenix

Points of Interest

  • Rental Car Center

    2.56 miles

  • 3rd St/ Jefferson

    2.92 miles

  • Jefferson/ 1st Ave

    3.00 miles

  • 3rd St/ Washington

    3.05 miles

  • Washington/ Central Ave

    3.08 miles

  • 12th St/ Jefferson

    3.17 miles

  • 12th St/ Washington

    3.21 miles

  • West Ground Transportation Center

    3.27 miles

  • Van Buren/ Central Ave

    3.29 miles

  • Van Buren/ 1st Ave

    3.29 miles

  • Circle K

    0.37 miles

  • Arco

    0.63 miles

  • Blink

    1.01 miles

  • QuikTrip

    1.66 miles

  • Safeway

    1.79 miles

  • Circle K

    1.86 miles

  • Circle K

    1.87 miles

  • Circle K

    2.26 miles

  • Circle K

    2.28 miles

  • QuikTrip

    2.40 miles

  • Tonto Marshalling Yard

    2.53 miles

  • Visitor Parking (Car Rental)

    2.63 miles

  • Railway freight staging area

    2.72 miles

  • Railway freight staging area

    2.72 miles

  • Chase Field Garage

    2.76 miles

  • Athletics Parking Lot

    2.79 miles

  • All Day Parking Available

    2.79 miles

  • Jackson Street Garage

    2.80 miles

  • North Parking Lot

    2.80 miles

  • Jackson Street Garage

    2.89 miles

  • Pizza Hut

    0.44 miles

  • McDonald's

    0.87 miles

  • Vaqueros Carne Asada

    1.53 miles

  • Cocina Madrigal

    1.64 miles

  • Comedor Guadalajara

    1.73 miles

  • Early Bird Vegan Cafe

    1.79 miles

  • Tam’s Chinese and Mexican Foods

    1.80 miles

  • OK Fish & Chips

    1.81 miles

  • KFC

    1.82 miles

  • Sonic

    1.84 miles

  • Esperanza Montessori Academy

    0.23 miles

  • Three D Street School

    0.57 miles

  • Rio Vista School

    0.59 miles

  • Cesar E Chavez Community School

    0.62 miles

  • Sunland School

    0.62 miles

  • South Mountain High School

    0.92 miles

  • Rose Linda School

    1.00 miles

  • Roosevelt School

    1.02 miles

  • St. Catherine of Siena Catholic School

    1.13 miles

  • CJ Jorgenson School

    1.24 miles

  • Tutor Time

    4.20 miles

  • Today’s Tomorrow Learning Center

    5.01 miles

  • Robins Nest Child Care

    6.75 miles

  • Little Rascals Learning Center

    7.67 miles

  • God's Garden Preschool

    7.85 miles

  • Family of Christ Child Development Center

    7.92 miles

  • Mill Avenue Preschool

    7.99 miles

  • Little Rascals Learning Center

    8.03 miles

  • Biltmore Bible Day Care Center

    8.24 miles

  • Tutor Time

    8.39 miles

Contact Listing Broker

broker

Dana Hearon

Insignia CRE - AZ

(408) 497-5574