Downtown Lofts_Property for Sale
Downtown Lofts_Property for Sale

Downtown Lofts

375-377 N 4th Ave, Phoenix, AZ, 85003, US

Description

JLL is pleased to introduce Downtown Lofts, a 13-unit garden-style multifamily community located in a desirable Downtown Phoenix location that was completely rebuilt and repositioned in 2025. The property is made of block construction with built up foam roofs and is individually metered for electricity. The unit mix is comprised of 100% one-bedroom/one-bath floor plans that average nearly 630 square feet. 10 out of the 13 units were extensively renovated in 2025 and feature new teal shaker cabinetry with matte black hardware, quartz countertops, stainless steel appliances, in-suite washers/dryers, vinyl wood plank flooring, and tile shower surrounds. Exterior renovations include new roofs, HVAC systems, plumbing, electrical, hot water heaters, windows, and fresh paint, representing a total investment of approximately $700,000. The property is situated on approximately 0.40 acres and has minimal, low maintenance landscaping.

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Attributes

Asking price
PLN 9,201,000
Number of units
13
Year built
1951
Year renovated
2025

Media

Investment Highlights

  1. Extensively Renovated Community with Best-in-Class Finish Levels
  2. Significant Mark-to-Market Opportunity in Downtown Phoenix
  3. Unique Development Opportunity for 118 Proposed Units Under Existing Zoning Rights
  4. Dynamic Downtown Phoenix Location with Proximity to Core Employment Corridors
  5. Excellent Nearby Amenities Including Park Central Mall and Downtown Phoenix
  6. Exceptional Connectivity via the I-10 Freeway and Valley Metro Light Rail
  7. Robust Downtown Submarket Fundamentals


Downtown Lofts 4_Property for Sale
Downtown Lofts 4_Property for Sale

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Last updated
Jun 9, 2026