4645 E CAMBRIDGE Avenue, Phoenix, AZ 85008, Phoenix, 85008 - 3 bed, 2 bath
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Phoenix, AZ 85008
This Renovated Single-Family Residence is a High-Potential Investment Opportunity, listed at $829,000—positioned well above the $707,183 Fair Market Value by -17%. While priced at a premium, the property features a Mint Condition Rating with a modern kitchen and a New Covered Patio on a large 9,792 sqft lot. Located near the Arcadia Greenbelt, it offers a high-quality lifestyle despite lower-rated local schools. This home is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or lifestyle-focused buyers prioritizing central Phoenix convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4645 E CAMBRIDGE Avenue Subject | $829,000* List Price | 3 | 2 | 1,776 | $398 | - |
A 4108 E Edgemont Avenue Sold | $600,000 | 3 | 2 | 1,740 | $345 | 0.7 mi |
B 5435 E Cambridge Avenue Sold | $834,900 | 4 | 3 | 2,038 | $410 | 1.0 mi |
C 4607 E EDGEMONT Avenue Active | $724,900 List Price | 4 | 3 | 2,126 | $341 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1956, the property has undergone a high-end renovation within the last 5 years. The interior features a modern kitchen and bathrooms with contemporary shaker cabinetry, quartz countertops, and updated fixtures. With new flooring, recessed lighting, and a new covered patio, the home is in mint condition with no visible maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9792, living area = 1776.
Situated in the highly desirable Rancho Ventura neighborhood, the property offers exceptional access to the Arcadia Greenbelt, Phoenix Sky Harbor Airport, and central commuting corridors.
The home features an updated kitchen and a unique laundry/flex room that provides valuable additional square footage for a home office, gym, or hobby space.
The assigned public schools have relatively low ratings (3/10 and 4/10), which may impact the property's appeal to families prioritizing academic performance.
Built in 1956, the home may have underlying maintenance requirements or aging systems typical of mid-century properties that are not immediately visible in the recent updates.
Welcome to this charming 3-bedroom, 2-bath home in the highly desirable Rancho Ventura neighborhood, loved for its central location, close proximity to the airport, and strong sense of community. The updated kitchen serves as the heart of the home, creating a warm and welcoming space for everyday living and entertaining. A spacious laundry room with additional flex space offers endless possibilities for a home office, hobby room, or extra storage. Step outside to the backyard filled with mature landscaping featuring a new covered back patio, perfect for relaxing evenings or entertaining guests year-round. Just down the street, enjoy the Arcadia Greenbelt, an 11-mile corridor ideal for walking, biking, and enjoying the outdoors.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,776 | 1,508 | 69% |
| Lot Size | 9,792 | 7,753 | 74% |
| Price | $829.0K | $382.5K | 93% |
| Price per sq ft | $467 | $253 | 89% |
| Built year | 1956 | 1953 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 870 | 1% |
May 28, 2026
$829,000
Initial Listing