1500 E Dana Avenue, Mesa, AZ 85204

Mesa
Local realty services provided by:HUNT Real Estate ERA
1500 E Dana Avenue,Mesa, AZ 85204
$1,300,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: jackson everhart
Office: orion investment real estate
MLS#:7003723
Source:ARMLS

Price summary

  • Price:$1,300,000

About this home

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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Home facts

  • Year built:1971
  • Listing ID #:7003723
  • Updated:March 27, 2026 at 11:47 PM

Rooms and interior

  • Flooring:Ceramic Tile, Laminate, Tile

Heating and cooling

  • Cooling:Electric, Individual Cooling
  • Heating:Electric, Individual Heating
  • Central air:Yes

Structure and exterior

  • Year built:1971
  • Construction Materials:Block, Painted

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$1,300,000
  • Tax amount:$1,884 (2025)

Parking

  • Total parking spaces:14
  • Parking description:More Than 1 Parking Space/Unit
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