3502 W CINNABAR Avenue, Phoenix, AZ 85051
$650,000
Property Type:
Business Opportunity
Square Footage:
2,320
Status:
Active
Current Price:
$650,000
Last Modified:
3/13/2026
Description
Turnkey Airbnb & Income Property | 8 Bedrooms | No HOA
This spacious 8-bedroom, 3-bathroom home is currently operating as a successful Airbnb and is being offered as a business with the real estate. Guests can book individual rooms or the entire home, creating multiple daily income opportunities.
The home includes one handicap-accessible bathroom, making it well suited for a variety of residential or care-based housing models.
Situated on an oversized lot with a rolling gate and extra parking, the property offers flexibility and privacy with no HOA restrictions.
The backyard is designed for connection and recreation with a private pool and basketball court, perfect for entertaining guests or residents.
Supplements: Located near hospitals, shopping, dining, and entertainment, the home is ideal for short-term guests, traveling professionals, or long-term residents. With its size and layout, the property can easily support multiple housing strategies including Airbnb, co-living, assisted living, group home, sober living, corporate housing, or room-by-room rentals (buyer to verify zoning and licensing requirements). Inside, the home features numerous updates from flooring to windows, making it move-in ready for both living and income generation. A rare opportunity to own a large home with built-in income potential and multiple business possibilities.
More Information MLS# 6997827
General Property Description
Sold Price Per SqFt: 280.17
# of Interior Levels: 1
Ttl Apx SqFt Bldg: 2320
Uncvrd Parking Spcs: 0
Flood Zone: No
Business Details
Year Established: 2024
Income & Expenses
Annual Gross Sales: 56340
Owners Draw Included: No
Annual Owners Salary: 0
Annual Mngr Salary: 0
Anl Int (Non-RelEst): 0
Annual Depreciation: 0
Annual Fringes: 0
Adjusted Net Income: 0
Apx Value of Cash: 0
Business Type
Professional Service: 1
Pmt & Rate Info
Equity: 650000
Acts Rec Hypothectd: No
Down Payment %: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
See Private Remarks: 1
Type of Lease
None: 1
Form of Ownership
Limited Liability Co: 1
Sale Price Includes
Inventory: 1
Real Estate: 1
License(s): 1
Lease Information
None: 1
Hours of Operation
7 Days/Week: 1
Business Age
1 - 3 Years: 1
Heating
Natural Gas: 1
Current Ownership
1 - 3 Years: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Business Location
Corner Lot: 1
Training
3 - 6 Months: 1
Expenses Include
Utilities: 1
Business/Tenant Pays
Electricity: 1
Water: 1
Trash: 1
Liability Insurance: 1
Property Taxes: 1
Source of Fincl Data
Owner: 1
Water Source
None: 1
Backup Information
Equipment List: 1
Inventory List: 1
License(s) Reqr'd: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Electric
APS: 1
Gas
SW Gas: 1
New Financing
Cash: 1
Conventional: 1
Current Financing 1
Treat as Free & Clr: 1
Current Financing 2
Treat as Free & Clr: 1
Current Financing 3
Treat as Free & Clr: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contract Info
Current Price: $650,000
List Price: $650,000
Status: Active
List Date: 2026-03-12
Location
House Number: 3502
Compass: W
Street Name: CINNABAR
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85051
Zip4: 1256
County Code: Maricopa
Assessor Number: 149-36-200
Remarks Misc
Cross Street: 35th Ave and Peoria Ave
Directions: Exit I-17 at Peoria Ave. Head west on Peoria Ave. Turn left (south) on N 35th Ave. Continue about ½ mile. Turn right (west) on W Cinnabar Ave. The home will be on the left.
Geo Lat: 33.577264
Geo Lon: -112.134485
Income Expenses
Net Operating Income: 56340
Property Features
Business Type: Professional Service
Form of Ownership: Limited Liability Co
Sale Price Includes: Inventory; Real Estate; License(s)
Lease Information: None
Hours of Operation: 7 Days/Week
Type of Lease: None
Business Age: 1 - 3 Years
Current Ownership: 1 - 3 Years
Business Location: Corner Lot
Training: 3 - 6 Months
Expenses Include: Utilities
Source of Fincl Data: Owner
Backup Information: Equipment List; Inventory List; License(s) Reqr'd
Parking Features: Free
Electric: APS
Gas: SW Gas
Water Source: None
Sewer: Sewer - Public
Heating: Natural Gas
Cooling: Ceiling Fan(s); Central Air
Lockbox Type: See Private Remarks
Current Financing 1: Treat as Free & Clr
Current Financing 2: Treat as Free & Clr
Current Financing 3: Treat as Free & Clr
New Financing: Cash; Conventional
Environmental: None
Listing Office:
Guerrero Real Estate
Last Updated: March - 13 - 2026
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