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$1,300,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • Updated 8 days ago
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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.

Full Property Details for 1500 E Dana Ave

General

  • Price: $1,300,000
  • Taxes: $1,883 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7003723
  • Updated: 3/27/2026
  • Added to Site: 10 day(s) ago

Interior

  • Appliances: Built-In Range, Disposal, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
  • Flooring: Tile, Laminate, Ceramic Tile

Parking

  • Parking Features: >1 Space Per Unit

Location

  • County: Maricopa
  • Cross Streets: Stapley and Main

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric, Individual
  • Heating Type: Individual, Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 2
  • Exterior Const.: Painted, Block
  • Roof: Composition
  • Year Built: 1971

Lot Features

  • Lot Dimensions: 148 x 314
  • Frontage: Asphalt, Gravel
  • Zoning: RM-2

Financial Considerations

  • Tax Amount: $1,883.97
  • Tax Year: 2025
  • Terms: Conventional, 1031 Exchange
  • Owner Pays: Trash Collection, Water, Sewer

Disclosures and Reports

  • Multiple Parcels: Yes
  • Property ID: 138-11-036
  • Lot Number: 8

Listed by Orion Investment Real Estate

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— 1500 E Dana Ave —

  • Orion Investment Real Estate

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1500 E Dana Ave

School District:Mesa Unified District
NameGradesDistance
Longfellow Elementary School
345 South Hall, Mesa, AZ 85204
K-60.4 mi
Poston Junior High School
2433 East Adobe Street, Mesa, AZ 85213
7-81.6 mi
Mesa High School
1630 East Southern Avenue, Mesa, AZ 85204
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1500 E Dana Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/25/2026
Listed
$1,300,000
43.65%
MLS
12/01/2020
Sold
$905,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1500 E Dana Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$159
1%
$8,481
6%
2024
$158
1%
$8,000
5%
2022
$157
—
$7,655
22%
2022
$157
—
$6,250
35%
2022
$157
-1%
$4,640
22%
2021
$158
1%
$3,800
10%
2020
$156
7%
$3,460
18%
2019
$146
4%
$2,940
13%
2018
$140
3%
$2,610
31%
2017
$136
1%
$1,990
6%
2016
$134
6%
$1,880
9%
2015
$126
-6%
$1,720
35%
2014
$134
30%
$1,270
49%
2013
$103
—
$850
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1500 E Dana Avenue, Mesa, AZ 85204 (MLS# 7003723) is a Multi-Family property with 15 units containing 0 bedrooms and 0 full bathrooms. 1500 E Dana Avenue is currently listed for $1,300,000 and was received on March 25, 2026. Want to learn more about 1500 E Dana Avenue? Do you have questions about finding other Multi-Family real estate for sale in Mesa? You can browse all Mesa real estate or contact a Coldwell Banker agent to request more information.

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