1320 N 48TH Place, Phoenix, AZ 85008

$60,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $60,000 Last Modified: 6/16/2026

Overview

Description

Great Fourplex, Short Sale, Short sale, good opportunity for any investor, great location near schools, airport,downtown Phoenix, Tempe, Scottsdale and easy access to freeways I-10 and 51. Good jobs near by with ON, USPS, Sky Harbor...

Listing Details MLS# 4504328

Location, Tax & Legal

Map Code/Grid
Q34
House Number
1320
Compass
N
Street Name
48TH
St Suffix
Place
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85008
Zip4
5925
Country
US
County Code
Maricopa
Assessor Number
125-13-090
Tax Year
2010
Assessor's Map #
13
Legal Description (Abbrev)
PALOMINO ESTATES
Assessor's Parcel #
90
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
111202
Taxes
1247
Legal
PALOMINO ESTATES PT OF LOTS 46 & 47 BEG NW COR LOT 46 S 35.62'
Marketing Name
Palomino Estate

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
0.9 acre/8532sf
Year Built
1960
Uncvrd Parking Spcs
Yes
Total # of Units
4
# of Buildings
Yes
Zoning
R-3
Elementary School District
Balsz Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
McDowel & 48th Street
Directions
From McDowell South on 48th Street to Culver,east to 48th place, North to property

Status Change Info

Off Market Date
2011-05-03
Under Contract Date
2011-03-14
Close of Escrow Date
2011-05-30

Legal Info

Township
1N
Range
4E
Section
5
Lot Number
46

More Information

Efficiency Units

# Efficiency Units
4
Avg Rent
510
Avg SqFt
800
# Baths
Yes

1 Bedroom Units

# 1 Bedroom Units
Yes
Avg Rent
510
Avg SqFt
800
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
540
Avg SqFt
800
# Baths
Yes

Contact Info

List Agent Home Phn
602-295-5922

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Seller Paid - S
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Four Plex
Yes

Construction

Block
Yes
Other
Yes

Const - Finish

Painted
Yes
Other (See Remarks)
Yes

Roofing

Composition
Yes
Other
Yes

Floors

Carpet
Yes
Other
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
0
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
1247
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Down Payment
0
Equity
49900
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Community Features

No Pool
Yes
Other
Yes
See Remarks
Yes

Heating

Natural Gas
Yes
Other
Yes
See Remarks
Yes

Cooling

Electric
Yes
Other
Yes
See Remarks
Yes

Exterior Amenities

Sidewalk(s)
Yes
Other (See Remarks)
Yes

Interior Features

Other (See Remarks)
Yes

Tenant Pays

Other (See Remarks)
Yes

Appliances Included

Other
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

1 Space/Unit
Yes
Other
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

Owner Pays

Other
Yes
See Remarks
Yes

New Financing

Other (See Remarks)
Yes

Existing 1st Loan

FHA
Yes
VA
Yes
Other (See Rmks)
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Other (See Remarks)
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Other (See Remarks)
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Other (See Remarks)
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

Other (See Remarks)
Yes

Existing Othr Ln Trm

Not Applicable
Yes

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Block; Other Const - Finish: Painted; Other (See Remarks) Roofing: Composition; Other Floors: Carpet; Other Sale Includes: Land & Building Community Features: No Pool; Other; See Remarks Exterior Amenities: Sidewalk(s); Other (See Remarks) Interior Features: Other (See Remarks) Appliances Included: Other Heating: Natural Gas; Other; See Remarks Cooling: Electric; Other; See Remarks Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: 1 Space/Unit; Other Road Surface Type: Asphalt Owner Pays: Other; See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Existing 1st Loan: FHA; VA; Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Other (See Remarks) Environmental: Other (See Remarks)
IDX
Listing Office: Delex Realty
Last Updated: June - 16 - 2026
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