South Mountain is an excellent place to invest. I specialize in this area and I can't tell you how many out of state investors are buying up everything possible in this area. You can find a great property for $40 - $68 per square foot. In fact I just sold a home for that is 1900 sq foot, one story, 4 bed, 2 bath for $88,000. This home would easily rent for $1100 - $1350 per month. This price is $46 per square foot. The great thing about this area is the proximity to everywhere else in the Metro area. You have excellent access to all the major freeways including the I-10, 202, 60, 1-17, 51. It's only minutes away from downtown which has a bunch of new urban development. Some people feel negative about the area because there is some older homes but there is extensive planning going on in the South Mountain Village area. You can go to my website below and get a FREE market snapshot of the area which will give you info on current & sold real estate, community info, and school info. They are adding 2 new Performing Arts Schools, there is also new LA Fitness that just broke ground. There are excellent restaurants in the area that are owned by locals in the area that attract people from all over. There are several new home builders in the area that are selling out of inventory. The community is surrounded by the South Mountain Preserve which is the largest municiple park in the US. There are excellent hiking and biking trails which attracts many outdoor enthusiasts. In my opinion I don't think you can get more value for your money anywhere else in the Metro area. South Mountain is definitely a hidden gem. Check out my South Mountain Village Living Blog.
Jablonski Real Estate Group
Keller Williams Realty