11056 E SOMBRA Avenue, Mesa, AZ 85212, Mesa, 85212 - 4 bed, 2 bath
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Mesa, AZ 85212
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned slightly above the $436,289 Fair Market Value. While the price reflects a premium, the home is a Turnkey Rental Asset featuring a tenant in place through September 2026 and appliances less than three years old. With a Good Condition Rating and a functional Patio, this 4-bedroom home offers immediate, stable cash flow. Located near major transit arteries and schools like Meridian, this is an ideal acquisition for Buy-and-Hold Investors seeking a low-maintenance, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11056 E SOMBRA Avenue Subject | $450,000* List Price | 4 | 2 | 1,638 | $266 | - |
A 11134 E SOMBRA Avenue Sold | $442,500 | 4 | 2 | 1,638 | $270 | 0.1 mi |
B 10660 E PIVITOL Avenue Sold | $380,000 List Price | 3 | 2 | 1,743 | 0.5 mi | |
C 10909 E SENTIERO Avenue Sold | $525,000 | 4 | 2 | 2,268 | $231 | 0.4 mi |
D 4755 S GRENOBLE Circle Sold | $439,000 | 3 | 3 | 2,234 | $197 | 0.3 mi |
E 11137 E SUTTER Avenue Active | $425,000 List Price | 4 | 2 | 1,638 | $259 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (19 years old), the property falls within the 10-20 year range for 'Good' condition. The home appears well-maintained and move-in ready with functional, original finishes in the bathrooms and laundry. The listing notes that appliances are less than 3 years old, which adds value to the systems/kitchen criteria.
The property features a tenant in place with a long-term lease secured until September 2026, providing immediate and stable cash flow for investors.
Conveniently situated near major transit arteries including the US-60, Loop 202, and SR-24, offering excellent accessibility to shopping, dining, and employment hubs.
All appliances are less than three years old, reducing the likelihood of immediate capital expenditures and enhancing the home's functional value.
The long-term lease commitment through late 2026 effectively excludes owner-occupant buyers, restricting the market primarily to real estate investors.
Property access is subject to tenant rights, which can complicate the showing process and requires strict adherence to legal notice requirements for inspections.
INVESTOR ALERT! Lovely rental property available with tenant in place. Current lease ends 09/01/26. Note Tenants Rights. 4 Bedroom, 2 Bath home, conveniently located nee-60, 202 and 24. Appliances less than 3 years old. Nearby park, schools, dog park, shopping, restaurants, and entertainment.
No exterior & parking available.
Grades PK-6 • 1.3 mi
Grades PK-5 • 4.7 mi
Grades 7-8 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 1,638 | 2,234 | 12% |
| Lot Size | 5,500 | 7,204.5 | 17% |
| Price | $450.0K | $481.9K | 47% |
| Price per sq ft | $275 | $228 | 82% |
| Built year | 2007 | 2012 | 43% |
| HOA | $99 | $122 | 36% |
| Days on market | 6 | 2186 | 1% |
Jun 8, 2026
$450,000
Initial Listing