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.
Sold for $1,260,000
$1,260,000
1500 E Dana Avenue, Mesa, AZ 85204
12beds
5baths
5,400sqft
Multi Family
Built in 1971
-- sqft lot
$1,278,900 Zestimate®
$233/sqft
$1,561 Estimated rent
Home value
$1,278,900
$1.21M - $1.34M
$1,561/mo
Zestimate® history
Owner options
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$1,561/mo
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$1,561/mo
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$7,243/mo
Est. payment
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$7,243/mo
Est. payment
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List your homeWhat's special
Adjacent parcelGarden-style units
Zillow last checked:
Listing updated:
Listed by:
Jackson Everhart 970-219-3038,
Orion Investment Real Estate
Bought with:
Victoria C Miachika, BR639322000
REI Marketing
Source: ARMLS,MLS#: 7003723
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 5
Heating
- Individual, Electric
Cooling
- Central Air, Electric, Individual
Appliances
- Included: Built-In Range, Disposal, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
Features
- Flooring: Tile, Laminate, Ceramic Tile
Interior area
- Total structure area: 5,400
- Total interior livable area: 5,400 sqft
Property
Parking
- Total spaces: 14
- Parking features: >1 Space Per Unit
- Uncovered spaces: 14
Lot
- Size: 1.07 Acres
- Dimensions: 148 x 314
Details
- Parcel number: 13811036
- Zoning: RM-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1971
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
Location
- Region: Mesa
Financial & listing details
- Price per square foot: $233/sqft
- Tax assessed value: $910,400
- Annual tax amount: $1,883
- Date on market: 4/21/2026
- Cumulative days on market: 2 days
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt, Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Sold | $1,260,000-3.1%$233/sqft |
Source:  ARMLS #7003723 Report a problem | ||
| 3/27/2026 | Pending sale | $1,300,000$241/sqft |
Source: ARMLS #7003723 Report a problem | ||
| 3/25/2026 | Listed for sale | $1,300,000+16.1%$241/sqft |
Source: ARMLS #7003723 Report a problem | ||
| 4/20/2021 | Sold | $1,120,000$207/sqft |
Source: ARMLS #6197179 Report a problem | ||
| 4/13/2021 | Pending sale | $1,120,000$207/sqft |
Source: ARMLS #6197179 Report a problem | ||
| 2/20/2021 | Listed for sale | $1,120,000+17.9%$207/sqft |
Source: ARMLS #6197179 Report a problem | ||
| 1/1/2021 | Listing removed | -- |
Source:  ARMLS Report a problem | ||
| 12/26/2020 | Pending sale | $949,900$176/sqft |
Source: DPR Realty LLC #6164274 Report a problem | ||
| 12/26/2020 | Listed for sale | $949,900$176/sqft |
Source: DPR Realty LLC #6164274 Report a problem | ||
| 11/28/2020 | Pending sale | $949,900$176/sqft |
Source: DPR Realty LLC #6164274 Report a problem | ||
| 11/26/2020 | Price change | $949,900+18.8%$176/sqft |
Source: DPR Realty LLC #6164274 Report a problem | ||
| 11/24/2020 | Listed for sale | $799,900$148/sqft |
Source: DPR Realty LLC #6164274 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,814 +0.5% | $91,040 +4.6% |
| 2024 | $1,805 -0.8% | $87,072 +419.5% |
| 2023 | $1,820 +4.8% | $16,762 -68.2% |
| 2022 | $1,736 -0.2% | $52,780 +22.1% |
| 2021 | $1,739 +7.2% | $43,220 +9.7% |
| 2020 | $1,622 +4.3% | $39,390 +17.8% |
| 2019 | $1,556 | $33,430 +12.3% |
| 2018 | $1,556 +3.1% | $29,770 +31.1% |
| 2017 | $1,509 +8.3% | $22,700 +5.9% |
| 2016 | $1,393 -6.7% | $21,440 +9.6% |
| 2015 | $1,493 | $19,560 +34.8% |
| 2014 | -- | $14,510 +49.1% |
| 2013 | -- | $9,730 +11.8% |
| 2012 | -- | $8,700 -72.1% |
| 2011 | -- | $31,198 -9.7% |
| 2009 | -- | $34,547 +4.8% |
| 2008 | -- | $32,979 +12% |
| 2007 | -- | $29,452 +33% |
| 2005 | -- | $22,145 +8.3% |
| 2004 | -- | $20,456 +10.5% |
| 2002 | -- | $18,513 |
Find assessor info on the county website
Neighborhood: Reed Park
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Nearby schools
GreatSchools rating
- 6/10Longfellow Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 4/10Poston Junior High SchoolGrades: 7-9Distance: 1.5 mi
- 6/10Mesa High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$1,278,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,278,900
- Arizona
- Maricopa County
- Mesa
- 85204
- Reed Park
- 1500 E Dana Avenue
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