
Glendale, AZ 85303
This Mixed-Use Residential Asset is a High-Potential Investment Opportunity, listed at $575,000—positioned above the $520,725 Fair Market Value. Despite the premium, the property offers a rare combination of a 5,000 sq ft warehouse and a remodeled 5-bedroom home on a massive 19,950 sq ft lot. With a Condition Rating of 2 and verified $8,350/month rental income, this property provides immediate, reliable cash flow. It is an ideal acquisition for Buy-and-Hold Investors or Business Owners seeking versatile, income-generating space.
Property is new construction or fully renovated.
Despite the 1930 build date, the property has undergone a high-end renovation within the last 5 years. The kitchen features modern white cabinetry, quartz countertops, and stainless steel appliances, while the bathrooms and flooring have been fully updated to mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19950, living area = 1800.
Generating $8,350 per month in rental income, this property offers a high-yield investment opportunity with a strong cap rate relative to the list price.
The rare combination of a massive 5,000 sq ft warehouse and a remodeled residential home on a nearly half-acre lot provides incredible flexibility for business owners or investors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1800, other record living area = 1092.
Originally built in 1930, the property may have aging infrastructure or underlying maintenance requirements typical of century-old structures despite recent cosmetic updates.
Being currently tenant-occupied may limit immediate possession for owner-users and can complicate the process for inspections and appraisals.
$8,350/month INCOME-Includes a 5,000 sq ft Warehouse & Updated 5 bedroom, 2 bathroom home all of this situated on a large lot with incredible versatility. This property features an open-concept floor plan, creating an inviting living space perfect for both everyday living and entertaining. The remodeled kitchen showcases modern white cabinetry, elegant quartz countertops, and stainless steel appliances. Each of the five bedrooms offers generous space, while the primary suite includes a private door with direct access to the backyard. Currently tenant-occupied, this property offers strong, reliable cash flow, making it an excellent investment opportunity. Don't miss this unique combination of space, updates, and income potential on a sizable lot.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 88% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,800 | 1,560 | 67% |
| Lot Size | 19,950 | 6,955 | 94% |
| Price | $575.0K | $0 | 97% |
| Price per sq ft | $319 | $0 | 97% |
| Built year | 1930 | 1999 | 3% |
| HOA | $0 | $29 | 48% |
| Days on market | 64 | 2450 | 3% |
May 3, 2026
$575,000
$650,000
-12% Price Drop
Initial Listing
Apr 16, 2026
$650,000
Initial Listing