546 E LA MIRADA Drive, Phoenix, AZ 85042, Phoenix, 85042 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85042
This property presents a High-Potential Investment Opportunity with a List Price of $349,000—positioned well below the $354,615 Fair Market Value by 1%. This valuation gap offers $5,615 in Instant Equity for buyers. With a Fair Condition Rating, the home requires significant modernization, yet the 10,303 sqft lot and Scenic Mountain Views provide a strong foundation for value-add renovations. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 546 E LA MIRADA Drive Subject | $349,000* List Price | 3 | 2 | 2,183 | $162 | - |
A 330 E DESERT Drive Sold | $295,000 | 3 | 2 | 1,680 | $176 | 0.4 mi |
B 29 E EUCLID Avenue Sold | $345,000 | 3 | 2 | 1,701 | $203 | 0.4 mi |
C 330 E DESERT Drive Sold | $295,000 | 3 | 2 | 1,680 | $176 | 0.4 mi |
D 1338 E PEDRO Road Pending | $420,000 List Price | 4 | 2 | 2,949 | $142 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 (64 years old) with no mention of recent renovations, this property is explicitly marketed as an 'investor opportunity,' which typically indicates significant deferred maintenance or the need for a full rehab. The exterior shows an older roof-mounted evaporative cooler and dated windows, suggesting that the primary systems and interior (kitchen/baths) likely exceed their functional lifespan and require major updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10303, living area = 2183.
Priced competitively at approximately $160 per square foot for a 2,183 sqft home, this property offers substantial equity upside for investors looking to renovate and flip or hold.
The property features desirable mountain views, providing a premium aesthetic element that enhances the home's appeal and long-term value in the Phoenix market.
Built in 1960 and marketed as an investor opportunity, the home likely requires significant capital expenditure to modernize its systems, finishes, and 'bonus rooms'.
The local high school carries a lower rating of 3, which may limit the property's appeal to families specifically seeking top-tier public education rankings.
GREAT OPPORTUNITY FOR INVESTORS! Great mountain views 3 bedroom 2 full bathroom with bonus rooms!
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,183 | - |
| Lot Size | 10,303 | - |
| Price | $349.0K | $495.4K |
| Price per sq ft | $160 | $290 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 37 | 1260 |
Jun 16, 2026
$349,000
Initial Listing