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528 W LA JOLLA Drive, Tempe, AZ 85282
$1,000,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,000,000
Last Modified:
2/05/2026
Description
Three at La Jollla is a wonderful triplex with a 3 bedroom 2 bath unit with 2 car garage and two 2 bed one bath units. This property is rare completely separately metered for utilities water sewer and trash and electric. All units have washer and dryers and separate yards. All units have had some recent updates and upgrades to kitchen and bathrooms. The 2 bedroom 1 bath units are currently rented for travel nurses and furniture can be sold on a separate bill of sale. 3 bedroom tenant is month to month 1836 including tax the two beds included all utilities 2150. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale showing with accepted offer. Seller is willing to carry back
More Information MLS# 6525298
Contract Info
Ownership: Fee Simple
Current Price: $1,000,000
Sold Price: $1,000,000
Status: Closed
List Date: 2023-02-27
Location, Tax & Legal
Assessor's Map #: 45
Legal Description (Abbrev): LOT 11 LAGUNA ESTATES 2 MCR 012409
Assessor's Parcel #: 144
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 319705
Taxes: 2168
Legal: LOT 11 LAGUNA ESTATES 2 MCR 012409
Marketing Name: Three at LaJolla
Map Code/Grid: R36
House Number: 528
Compass: W
Street Name: LA JOLLA
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85282
Zip4: 4810
County Code: Maricopa
Subdivision: LAGUNA ESTATES 2
Assessor Number: 123-45-144
Tax Year: 2022
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: IRR
Total # of Units: 3
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Year Built: 1974
Zoning: R3R
Legal Info
Range: 4E
Section: 33
Township: 1N
Lot Number: 11
Project Type
Tri-Plex: 1
Construction
Block: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 3000
Annual Gas Exp: 0
Annual Ins Exp: 1600
Annual Land Lse Exp: 0
Annual Landscape Exp: 1200
Annual Legal & Acctg: 0
Annual Maint Exp: 3000
Annual Mgmt Exp: 0
Annual Trash Exp: 1000
Annual Wtr/Swr Exp: 1000
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 12968
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 71004
Total Monthly Rental Income: 6100
Pmt & Rate Info
Cap Rate: 5.8
Down Payment: 0
Equity: 1000000
1st Encumbrance: 0
Down Payment %: 0
Monthly Payments: 0
2nd Encumbrance: 0
3rd Encumbrance: 0
Total Owed: 0
Assessment Balance: 0
Lockbox Type
None: 1
Community Features
Other: 1
See Remarks: 1
Heating
Electric: 1
Cooling
Heat Pump: 1
Exterior Amenities
Desert Landscaping: 1
Fenced: 1
Patio/Balcony: 1
Separate Storage: 1
Interior Features
Unfurnished: 1
Mini Blinds: 1
Other (See Remarks): 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Refrigerator: 1
Built-In Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
Carport: 1
On Street: 1
Electric
SRP: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Landscaping: 1
New Financing
Cash to Loan: 1
VA: 1
Conventional: 1
FHA: 1
Owner May Carry: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 2150
Avg SqFt: 775
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1800
Avg SqFt: 1200
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Carryback
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: SOUTHERN/MILL
Directions: WEST ON SOUTHERN TO ROOSEVELT, SOUTH ON ROOSEVELT TO LA JOLLA, EAST (LEFT) LA JOLLA.
Geo Lat: 33.390439
Geo Lon: -111.947338
Status Change Info
Off Market Date: 2023-03-15
Under Contract Date: 2023-03-02
Close of Escrow Date: 2023-03-14
Sold Price: $1,000,000
Income Expenses
Gross Annual Sch Inc: 73200
Net Operating Income: 58036
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Stucco
Roofing: Composition
Floors: Vinyl; Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: Other; See Remarks
Exterior Amenities: Desert Landscaping; Fenced; Patio/Balcony; Separate Storage
Interior Features: Unfurnished; Mini Blinds; Other (See Remarks)
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer; W/D Hookup
Cooling: Heat Pump
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: None
Parking Features: Garage; Carport; On Street
Road Surface Type: Asphalt
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Projected Proforma
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash to Loan; VA; FHA; Conventional; Owner May Carry; 1031 Exchange
Environmental: None
Listing Office:
Grace CRE
Last Updated: February - 05 - 2026
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