Pool-View Residential Income
For Sale
$435,000
5450 E DEER VALLEY Drive #1180, Phoenix, AZ 85054
Ground-level corner residence with a bonus den and access to fitness, recreation, and meeting amenities.
Property Size1,385 SF
Price / SF$314.08
Days on Market395
Property Features for 5450 E DEER VALLEY Drive #1180
General Information
Standard status
Active
Size
1,385 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
pool
fitness center
yoga room
game and billiards room
community lounge
executive conference room
Security System
Ceiling Fan(s)
Central Air
Electric
Dryer
Washer
Refrigerator
Built-in Microwave
Dishwasher
Disposal
Patio, Porch, APS, Foam
Building Details
Building Size
1,385 SF
Year Built
2014
Stories
4
Listing Agency:
Realty ONE Group
Listed By:
Realty ONE Group
Source:
Kw
Added: Sep 18, 2025
Changed: Oct 16
Last Checked: Oct 16 at 8:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group
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Investment Insights
Based on property information with market context.
This ground-level corner residence at Toscana offers 1,385 square feet of living space, a bonus den, and a private-facing balcony overlooking one of the community’s three pools. The unit is located in Building 10 and includes central air, ceiling fans, a security system, washer, dryer, refrigerator, built-in microwave, dishwasher, and disposal. The 2014 property also features a patio and porch.
Toscana’s shared amenities include two fitness centers, a yoga room, a game and billiards room, a community lounge, and an executive conference room. Building 10 permits 30-day rental options rather than the six-month minimum applicable elsewhere in the community. The property is located at 5450 E Deer Valley Drive in Phoenix, Arizona.
Toscana’s shared amenities include two fitness centers, a yoga room, a game and billiards room, a community lounge, and an executive conference room. Building 10 permits 30-day rental options rather than the six-month minimum applicable elsewhere in the community. The property is located at 5450 E Deer Valley Drive in Phoenix, Arizona.
Key Highlights
- 1,385‑square‑foot Athena II floor plan with bonus den
- Ground‑level corner unit overlooking one of Toscana’s three pools
- Building 10 permits 30‑day rentals instead of a six‑month minimum
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,154
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,080
$323.1K
Cap Rate 7%
$230,771
$230.8K
Cap Rate 9%
$179,489
$179.5K
Market Conditions
NOI Build-Up for 1,385 SF
Gross rent
$31.2K $22.56/SF
− Vacancy
−$1.9K −$1.35/SF
EGI
$29.4K $21.21/SF
− OpEx
−$13.2K −$9.54/SF
NOI
$16.2K $11.66/SF
Area
Phoenix, AZ
Vacancy
6.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,080
Cap Rate 7%
$230,771
Cap Rate 9%
$179,489
Alternative Uses
Best Use
Apartment 5plus
$230.8K
$201.9K – $269.2K
NOI $16,154 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$419.5K
$367.1K – $489.5K
NOI $29,367 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
479
Businesses Nearby
Explore this area
Business Placement
Demographics for 85054, AZ
8,849
Population
6,271
Households
1.4
Avg Household Size
39
Median Age
61%
College-Educated
98%
High-School Grad
8.6 sq mi
ZIP Area
1,029
Density / Sq Mi
$89,099
Median Household Income
$64,554
Median Earnings
$2,146
Median Rent
$618,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Ground-level corner residence with a bonus den and access to fitness, recreation, and meeting amenities.
Where is this residential income property located?
The property is located at 5450 E DEER VALLEY Drive #1180 Phoenix, AZ.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 1,385‑square‑foot Athena II floor plan with bonus den; Ground‑level corner unit overlooking one of Toscana’s three pools; Building 10 permits 30‑day rentals instead of a six‑month minimum
