1500 E Dana AvenueMesa, AZ 85204
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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.
| a week ago | Listing updated with changes from the MLS® | |
| a week ago | Status changed to Pending | |
| 2 weeks ago | Listing first seen on site |
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Last checked: 2026-04-05 10:13 AM UTC