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1330 E Monte Vista Rd, Phoenix, Arizona 85006

3950

Bedrooms

Utilities Included

Bathrooms

Furnished

Available to Lease on

ASAP

Property Type

Single Family

SQFT

2821

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Key metrics

Rent

3950

Monthly Estimated Profit^?

4,591

Annual Estimated Profit^?

55,100

Acquisition Fee

2,500

Security Deposit

3950

Average Daily Rate

442

Occupancy

64%

Annual Revenue

102,500

Key Features

Property Description:
Spacious 4-bedroom, 2-bathroom main house with a detached 1-bedroom, 1-bathroom guest casita located in the heart of the Coronado District. The 1,957 sq ft main house features an open floor plan, granite countertops, tile flooring throughout, and newly remodeled bathrooms and kitchen. The 864 sq ft casita includes a private entrance, full kitchen, built-in microwave, dishwasher, washer and dryer.

Property Features:

4 bedrooms / 2 bathrooms in the main house
1 bedroom / 1 bathroom casita with full kitchen and laundry
Open floor plan with granite countertops
Newly remodeled bathrooms and kitchens
Tile flooring throughout
Fenced front yard with covered driveway parking for four cars
Desert landscaping

Nearby Access:

Located in the Coronado District
Close to 51 Freeway, BUMCP, PCH
Walking distance to Sunshine Market, The Coronado Restaurant, Dark Hall Coffee, and Coronado Park

STR Regulations Summary:

Status:

STR Friendly

View Regulations Here

Phoenix, Arizona allows non-owner occupied short-term rentals (STRs) but has implemented regulations to govern their operation. As of January 15, 2024, all STR operators in Phoenix must obtain a permit from the city3. This applies to both owner-occupied and non-owner occupied properties.Key regulations for non-owner occupied STRs in Phoenix include:

Registration and Permitting: Operators must register with the city and obtain a STR permit, which costs $250 for initial application and renewal3.
Insurance: Maintain liability insurance coverage of at least $500,000 per property1.
Display of Permit: The STR permit/license number must be displayed on all advertisements for the rental3.
Neighbor Notification: Operators must inform adjacent properties of their intent to operate an STR3.
Prohibited Uses: STRs cannot be used for large events like parties or weddings1.
Penalties: Violations can result in fines ranging from $500 for the first offense to $3,500 for the third offense1.
Taxes: STR operators must pay a combined tax rate of 12.57% for all state, county, and city taxes5.

Phoenix's regulations are considered relatively host-friendly compared to other major U.S. cities, as they do not restrict non-owner occupied STRs6. However, operators must comply with all city ordinances to avoid penalties and potential permit suspension1 3

STR Regulations Summary:

View Regulations Here

Property Location