5911 W LAMAR Road 1, Glendale, AZ 85301, Glendale, 85301 - 0 bed, 0 bath
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Glendale, AZ 85301
Analysis of 5911 W LAMAR Road 1, Glendale, AZ 85301 is currently available with a list price of $549,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Glendale 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 extensive renovation needed.
Built in 1960 (64 years old) and explicitly mentions deferred maintenance. While the units are occupied, the age of the structure and systems exceeds 30 years without a recent comprehensive renovation, and the exterior shows significant wear requiring rehabilitation.
The property is ideally situated within walking distance of Historic Glendale and offers quick access to downtown Phoenix and Westgate amenities, ensuring high tenant demand.
Units are designed for sustainability with tile countertops, showers, and floors, significantly reducing long-term maintenance costs and turnover expenses.
Each unit is separately metered for electricity (APS), allowing for lower landlord overhead and more efficient utility management.
The property requires repairs for existing deferred maintenance, which will necessitate immediate capital investment from the buyer.
Constructed in 1960, the building may require updates to aging systems or structural components to meet modern standards and efficiency.
FANTASTIC LOCATION! Cash cow with long term tenants. Located within walking distance to Historic Glendale shopping and restaurant fare. Minutes on Grand Ave puts you in downtown Phoenix. Close to all Westgate amenities and spring training venues. Studio units sustainably developed with tile counter tops, tiled showers, tiled floors, with very little to replace. Each unit features a private courtyard patio. Units separately metered for APS. Some deferred maintenance is necessary which is reflected in the price. Property is eligible for 1031 exchange. Includes 111-10-074 & 111-10-077
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,481 | 2,189 |
| Lot Size | - | 8,140.5 |
| Price | $549.0K | $1.23M |
| Price per sq ft | $371 | $595 |
| Built year | 1960 | 1938 |
| HOA | $0 | $0 |
| Days on market | 14 | 50 |
Jul 8, 2026
$549,000
Initial Listing