1716 W SHANGRI LA Road, Phoenix, AZ 85029

$565,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $565,000 Last Modified: 6/07/2025

Description

This value-add Fourplex is located in Sunnyslope on Shangri-La Rd and 17th Avenue, about 3 miles from Sunnyslope High School and 1.7 miles from Interstate 17 Freeways. The property consists of four two-bedroom, one-bathroom units on a 10,759 SF lot. Each unit has its own private patio space and is separately metered for electricity. Current tenants pay $800 per month. The building is master metered for water with an average cost of $250 per month. DO NOT DISTURB TENANTS. DRIVE-BY ONLY.

More Information MLS# 6426086

Contract Info

Current Price: $565,000 Sold Price: $565,000 Status: Closed List Date: 2022-06-29 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: M34 House Number: 1716 Compass: W Street Name: SHANGRI LA St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85029 Zip4: 5903 Country: US County Code: Maricopa Assessor Number: 159-12-046-N Tax Year: 2021

General Property Description

Lot Size Dimensions: 50 x ±215.33 Year Built: 1970 Uncvrd Parking Spcs: 8 Total # of Units: 4 # of Buildings: 1 Zoning: R-3 Elementary School District: Washington Elementary District High School District: Glendale Union High School District

Remarks Misc

Cross Street: 19th Ave and Peoria Ave Directions: From Peoria Ave head East on 19th Ave. Turn left on Shangri-La Rd and the property is located on the left. Geo Lat: 33.587885 Geo Lon: -112.096315

Status Change Info

Status Change Date: 2023-01-09 Off Market Date: 2023-01-05 Under Contract Date: 2022-12-08 Close of Escrow Date: 2023-01-09 Sold Price: $565,000

Legal Info

Township: 3N Range: 3E Section: 19 Lot Number: -

2 Bedroom Units

# 2 Bedroom Units: 4 Avg Rent: 800 # Baths: 1

Sold Info

Loan Type: Other Payment Type: Other Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession to Buyer: 6000 Seller Concession $/%: $

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Other Sale Includes: Land & Building Community Features: Other; See Remarks Appliances Included: Other Heating: Other; See Remarks Cooling: Other; See Remarks Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: Other (See Remarks) Parking Features: 1 Space/Unit Owner Pays: Other; See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Other (See Remarks) Environmental: Other (See Remarks)
Listing Office: R.O.I. Properties
Last Updated: June - 07 - 2025
1716 W SHANGRI LA Road, Phoenix, AZ 85029- MLS# 6426086
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