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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

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