#6846773, George Laughton, Tiffany Gobster, Listing office: My Home Group Real Estate
#6865139·
Listing office: ABI Multifamily·
Listing agent: Andrew Arambula, Thomas Palestina·
Listing office phone: 602-714-1400
$2,530,000 List price
1942 W Berridge Ln Phoenix, AZ 85015
House
Property details
About 1942 W Berridge Ln
ABI Multifamily is proud to present the exclusive offering of Lamego Palms—a fully renovated, turn-key 12-unit multifamily asset located in the heart of vibrant Central Phoenix. This rare investment opportunity delivers immediate cash flow and substantial long-term upside in one of the city's most dynamic and accessible submarkets. Lamego Palms features spacious, thoughtfully updated 2-bedroom, 1-bathroom units, each spanning approximately 900 square feet. Every residence is outfitted with modern finishes, upgraded kitchens and bathrooms, and in-unit washer and dryers—premium amenities that elevate tenant satisfaction and support strong retention. Residents enjoy the comfort of large, open floor plans, private in-home laundry, and contemporary interiors that feel like home from day one.
Highlights
Home typeOther
HeatingElectric
StatusActive
CoolingCentral Air
Year built1963
Parking>1 Space Per Unit
MLS #6865139
Summary
- Flooring Type: Ceramic Tile, Vinyl, Concrete
- Parking: >1 Space Per Unit
- Heating: Electric
- Cooling: Central Air
- List Price: $2,530,000
- Annual Tax Amount: $5,251
- Tax Year: 2024
- Year Built: 1963
- MLS Number: 6865139
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: ABI Multifamily
- Office Phone: (602) 714-1400
- Listing Agent: Andrew Arambula, Thomas Palestina
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/2/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 20, 2019 | Home Sold | $1,600,000 |
| Dec 01, 2014 | Home Sold | $770,000 |
| Jul 24, 2013 | Home Sold | $1,050,000 |
| Feb 15, 2011 | Home Sold | $580,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $220,750 | $5,251 |
| 2023 | $143,060 | $5,080 |
| 2022 | $144,430 | $5,145 |
| 2020 | $80,970 | $5,017 |
| 2019 | $72,730 | $4,796 |
| 2017 | $36,960 | $4,772 |
History based on county public records data.
Nearby schools
2
Solano Elementary School
Public District KG-6
0.8 mi
•1526 W Missouri Ave
2
Imagine Camelback Elementary School
Public Charter KG-5
1.1 mi
•5050 N 19th Ave
6
Midtown Primary School
Public Charter KG-5
1.4 mi
•4735 N 19th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,120. The most common annual income of people living in Phoenix, AZ is less than $<35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
48%
<35k
39%
35k-100k
12%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
67%
Single, No Kids
12%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
16%
18-34 yrs old
38%
35-64 yrs old
26%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1942 W Berridge Ln
The listing price of 1942 W Berridge Ln property is $2,530,000.
The property 1942 W Berridge Ln is a house located in Phoenix, Arizona, 85015.
Active Listing: 1942 W Berridge Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1942 W Berridge Ln are: Solano Elementary School (GreatSchools Rating 2/10), Imagine Camelback Elementary School (GreatSchools Rating 2/10), Midtown Primary School (GreatSchools Rating 6/10), Maryland School (GreatSchools Rating 3/10), Pensar Academy (GreatSchools Rating 3/10), Choice Learning Academy (GreatSchools Rating 2/10), Washington High School (GreatSchools Rating 7/10), Empower College Preparatory High School (GreatSchools Rating 5/10), Cornerstone Charter School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $5,251 (source: MLS/based on county public records data).
The last sale was on August 20, 2019 for $1,600,000 (source: MLS/tax record).
The property at 1942 W Berridge Ln has 0 bathroom.
The year of construction for 1942 W Berridge Ln is 1963.
This home is located at 1942 W Berridge Ln in Phoenix, AZ and zip code 85015 in the Alhambra neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $2,530,000.
In July 2025, from all listings sold in Phoenix, AZ there were more than 179 sold above asking price, over 809 sold below and more than 341 were sold right at the asked price. The number of homes for sale in Phoenix, AZ increased by 0.3% between June and July 2025. While the average time on the market in July 2025 was 71 days, the median list price was $461,944.
From Rocket Homes Real Estate and based on county public records data.