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2020 W Orangewood Avenue, 
Phoenix, AZ 85021

$3,895,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Bradley Skenderian

Matthews Real Estate Investment Services

310-388-0788

Last updated:

April 28, 2026, 02:46 PM

MLS#

7004263

Source:

ARMLS

About This Home

2020 W Orangewood Avenue

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.

Home Facts

Multi-Family

Built in 1986

Price Summary

3,895,000

MLS #:

7004263

Last Updated:

April 28, 2026, 02:46 PM

Structure

Structure

Year Built:

1986

Finances & Disclosures

Finances

Price:

$3,895,000

MLS Logo
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.