Listing Details:
Listing ID: 7003723
Updated: 3/25/2026 11:48am
| Status | Active/For Sale |
| Days On Market | N/A |
| Taxes | $1,883.97 |
| HOA | N/A |
| Type | N/A |
| Open Parking | 14 |
| Year Built | 1971 |
| Lot Size | 0.00 |
| County | Maricopa |
| Listed By | Orion Investment Real Estate |
Description:
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.
Property Location:
Listed By: Orion Investment Real Estate | Jackson Everhart 970-219-3038
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
