$1,100,000
SOLD AUG 29, 2025

6427 S Central Ave Unit 100 Phoenix, AZ 85042

South Mountain Neighborhood
-- Bed
-- Bath
3,560 Sq Ft
0.35 Acres

Recently Sold

$309 Per Sq Ft

21% Below List Price

Highlights

  • 0.35 Acre Lot
  • Stone Flooring
  • Security Fence
  • Phoenix Coding Academy Rated A
  • Central Air
  • Heat Pump System

About This Home

As of August 2025

This commercial property features a 3,560 Sq Ft building, 15,204sq Ft Lot that includes APN#11407001A, 24 parking stalls, street side parking, large commercial windows, 3 suites, 3 separate entrances and exits, 3 AC Units, C-2 Zoning, N/S alley access, landscaped bioswale that is maintained by the City of Phoenix, Excellent Central Ave Frontage & visibility. Great for a restaurant, coffee shop, bakery, or private office. Current tenants until 2/1/2026. Here is your opportunity to own a piece of what the future land use and transportation and pedestrian oriented developments will look like for small business on the South Central Light Rail Extension. Light Rail operation is slated for May 2025. This TOD Framework allows a T5-5 rezone opportunity. Great redevelopment opportunity.

Last Agent to Sell the Property

Victor Vidales

RE/MAX Desert Showcase License #SA552425000 Listed on: 08/17/2025

RE/MAX Desert Showcase

Last Buyer's Agent

Omar Robles

Realty of America LLC License #BR541635000

Realty of America LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,471

Year Built

  • Built in 1957

Lot Details

  • 0.35 Acre Lot
  • Security Fence
  • Block Wall Fence
  • Property is zoned C2

Home Design

  • 3,560 Sq Ft Home
  • Block Exterior

Flooring

  • Stone
  • Concrete

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 114-07-002-A

Community Details

Overview

  • Mattingly Manors Subdivision

Building Details

  • Operating Expense $5,471
  • Gross Income $129,565
  • Net Operating Income $26,547

Property Details

Property Type

Other

Est. Annual Taxes

$5,471

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: Central Avenue and Baseline Rd
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2022
  • Directions: North on Baseline and Central Ave to Property just south of St. Catherine's Ave
  • Lot Size Acres: 0.35
  • Subdivision Name: MATTINGLY MANORS
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Stone, Concrete
  • Living Area: 3560.0

Exterior Features

  • Fencing: Security, Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 15204.0
  • Parcel #: 114-07-002-A

Multi Family

  • Annual Gross Income: 129565.2
  • Property Net Operating Income: 26546.64
  • Annual Operating Expense: 5471.0

Tax Info

  • Tax Annual Amount: 5471.0
  • Tax Book Number: 114.00
  • Tax Lot: 1
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2025
Closed on
Aug 26, 2025
Sold by
Vidales Llc
Bought by
Vidales Llc
Seller's Agent
Victor Vidales
RE/MAX Desert Showcase
Buyer's Agent
Omar Robles
Realty of America LLC
List Price
$1,400,000
Sold Price
$1,100,000
Premium/Discount to List
-$300,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,487,500
Outstanding Balance
$1,487,500
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2025
Closed on
Aug 25, 2025
Sold by
Vidales Llc
Bought by
Cihuapactli Collective
Seller's Agent
Victor Vidales
RE/MAX Desert Showcase
Buyer's Agent
Omar Robles
Realty of America LLC
List Price
$1,400,000
Sold Price
$1,100,000
Premium/Discount to List
-$300,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,487,500
Outstanding Balance
$1,487,500
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Teema Title & Escrow Agency
Special Warranty Deed $1,500,000 Teema Title & Escrow Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,487,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $1,100,000 -21.4% $309 / Sq Ft
08/17/2025 08/17/25 Price Changed $1,400,000 0.0% $393 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $1,400,000 -- $393 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,418 $35,765 -- --
2024 $5,423 $35,126 -- --
2023 $5,423 $59,075 $9,316 $49,759
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6806591

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-07-002A