Movoto Real Estate
Sold on 04/23/2026

1500 E Dana Ave, Mesa, AZ 85204

  • $1,260,000

    Last sold 04/23/2026 after 29 Days

  • 12

    bed

  • 9

    bath

Multi-family not for sale
24 homes bought nearby with Movoto recently

About 1500 E Dana Ave

Property type Multi-family
Neighborhood
Year built 1971
HOA fee $0/month
Property 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.
Listed by
Listing Agent - Jackson Everhart
Listing Office - Orion Investment Real Estate
Source: ARMLS mls logo
MLS#7003723 • last updated 3 months ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Central Air, Electric, Individual
Heating Individual, Electric
MLS # 7003723
Type Multiple Dwellings
Status Closed
Property Tax 1883.97
Year Built 1971
Interior
Flooring Tile, Laminate, Ceramic Tile
Appliances Built-In Range, Disposal, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
Exterior
Roof Composition
Construction Painted, Block
Parking >1 Space Per Unit
# of Open Parking Spaces 14
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
APN 138-11-036
Zoning RM-2
Directions From The Intersection Of Stapley Dr & Main St, Head South On Stapley, Turn Left Onto Dana St. Property Is On Your Left.
Multifamily Details
Total # of Units 15
Expense: Operating 1883.97
Financial Data Source Projected Proforma
Net Operating Income 87255
Gross Income 116340
Gross Scheduled Income 116340
Lot/ Land Details
Road Surface Asphalt, Gravel
We are not permitted to show value estimates for this property.
  • Apr 2026
    mls logo MLS # 7003723
  • Apr 23, 2026 Sold
    $1,260,000 (-3.1%)
  • Mar 27, 2026 Pending
  • Mar 25, 2026 Listed
    $1,300,000 (+16.1%)
  • Apr 2021
    mls logo MLS # 6197179
  • Apr 25, 2021 Sold
    $1,120,000
  • Apr 13, 2021 Pending
  • Feb 20, 2021 Listed
    $1,120,000 (+23.8%)
  • Feb 19, 2021 Listed
  • Jan 2021
    mls logo MLS # 6164274
  • Jan 1, 2021 Sold
    $905,000 (-4.7%)
  • Nov 27, 2020 Pending
  • Nov 25, 2020 Price Change
    $949,900 (+18.8%)
  • Nov 24, 2020 Listed
    $799,900
  • 1500 E Dana Ave
    $1.26M
  • Reed Park
    $404K +1% y/y
  • 85204
    $419K +3% y/y
  • Mesa
    $495K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Mesa
  • 85204
  • Reed Park
  • 1500 E Dana Ave
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