
Phoenix, AZ 85008
Analysis of 2627 N 30TH Place, Phoenix, AZ 85008 is currently available with a list price of $528,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1950, this 800 sqft structure is positioned as a land-value opportunity rather than a residential one. The listing explicitly targets investors and builders, suggesting the home be kept only temporarily for rental income until it is torn down to utilize the rare 17,000 sqft lot for new construction. No interior images of the kitchen or bathrooms were provided, and the property's value is clearly derived from the land and its R1-6 zoning potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17015, living area = 800.
The rare 17,015 sqft lot size and R1-6 zoning allow for a lot split into two separate parcels without a variance, providing a significant opportunity for builders to maximize density.
The existing residence generates $1,500 per month in rental income, allowing an investor to offset carrying costs while navigating the permitting and planning phases for new construction.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 800, other record living area = 660. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Built in 1950, the 800 sqft home is small and likely near the end of its functional life, necessitating a full teardown to achieve the property's highest and best use.
The list price reflects the land's development value rather than the current structure, requiring a buyer with the capital and expertise to manage a lot split and new construction project.
Do NOT disturb tenants, drive-by Only! GREAT investment opportunity!! RARE!! ATTENTION INVESTORS AND BUILDERS. Small rental home on this amazing RARE LARGE parcel size of 17,000sf!! Zoning is R1-6, so each lot (without a variance) needs a minimum of 6,000sf per lot, but many lots in the area are less than 6,000sf. No variance needed if you split the site into two lots and you could build one home on the South lot and keep the small home on the North lot as rental income ($1,500/mo) until you are ready to tear it down and build a new home. Phoenix zoning now allows ADUs (Additional Dwelling Units). Many new homes are being built in the immediate area, and this is a RARE parcel size!! See photos with potential development ideas. Check with city to verify all info. Do NOT walk the lot!! Thx Location is perfect, easy access to the 202 & 51 and minutes from Downtown Phoenix! No HOA. Hot Area with many new homes being built!
No exterior & parking available.
Grades K-8 • 0.9 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 800 | 1,518 | 4% |
| Lot Size | 17,015 | 7,780 | 92% |
| Price | $528.0K | $380.0K | 82% |
| Price per sq ft | $660 | $252 | 99% |
| Built year | 1950 | 1954 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 1569 | 2% |
Apr 20, 2026
$528,000
$529,000
+0% Price Increase
Initial Listing
Mar 4, 2026
$529,000
Initial Listing