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$1,300,000
New Listing
1500 E Dana AvenueMesa, AZ 85204
For Sale|Multi Family|Active
0
Beds
0
Total Baths
1971
Built
County:
Maricopa
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Monthly Payment (Est.)
$5,931Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
La Jolla Villas offers a rare opportunity to acquire a partially renovated multifamily asset with both immediate upside and long-term growth potential. Located at 1500 E Dana Ave in Mesa, AZ, the property features 7 garden-style units renovated in 2022, paired with approved site plans for 8 additional 2bed/2bath units on the adjacent parcel, one of the most sought-after unit types in today's rental market. The existing unit mix (1 studio, 1 bed/1bath, 3 2bed/1bath, 1 2bed/1.5bath, and 1 3bed/2bath) provides immediate income stability, while the entitled development component offers a clear path to increased density and long-term value creation.
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Listing Snapshot
Price
$1,300,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1971
MLS® Number
7003723
Status
Active
Property Tax
$1,883.97
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 hours ago | Listing updated with changes from the MLS® | |
| 2 hours ago | Listing first seen on site |
General Features
Cross Street
Stapley and Main
Disclosures
None
Parking Spaces
14
Property Sub Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
RM-2
Interior Features
Appliances
Built-In RangeDisposalRefrigeratorBuilt-In Electric OvenMicrowaveWasher/Dryer
Cooling
Central AirElectric
Flooring
TileLaminateCeramic Tile
Heating
Electric
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Exterior Features
Construction Details
Block
Roof
Composition
Community Features
Financing Terms Available
Conventional1031 Exchange
Roads
AsphaltGravel
Listing courtesy of Orion Investment Real Estate.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-03-25 08:25 PM UTC
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-03-25 08:25 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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