$710,000
$799,900
11.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/04/2026
Key Details
Sold Price $710,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Laguna Estates 2
MLS Listing ID 6956838
Sold Date 05/04/26
Maintenance Fees $2,500
Year Built 1973
Annual Tax Amount $2,696
Tax Year 2025
Lot Dimensions 87.30 x 120.45
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Conveniently located in the heart of Tempe near ASU, this property delivers a rare and powerful investment opportunity with multiple income streams. The main home features 3 bedrooms, 2 bathrooms, and a 2 car garage, while TWO separate 2 bedroom 1 bath rental units provide dependable monthly income. You can rent all three units to maximize cash flow or live in the main home while collecting income from the rentals. Tempe's strong rental demand, large student population, and steady need for long term housing make this an exceptional investment. Sitting on a desirable corner lot with a private pool, easy freeway access, and a large park directly across the street, this property blends convenience, lifestyle, and long term profitability in one standout package.
Location
State AZ
County Maricopa
Community Laguna Estates 2
Area Maricopa
Zoning R-3R
Direction From the I-10 head East on Southern to Roosevelt Road, turn left (South) and take that to W La Jolla Drive turn left (East) home is immediately on your left (Northside of road).
Interior
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Carpet
Appliance Dishwasher, Refrigerator, Free-Standing Electric Oven, Washer/Dryer, W/D Hookup
Exterior
Exterior Feature Sidewalk(s), Rain Gutters
Parking Features Attached Garage, Paved, Free, Assigned, >1 Space Per Unit
Community Features Pool
Roof Type Composition
Garage Yes
Private Pool Yes
Building
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise
Structure Type Sidewalk(s),Rain Gutters
New Construction No
Schools
Elementary Schools Carminati School
Middle Schools Geneva Epps Mosley Middle School
High Schools Tempe High School
School District Tempe Union High School District
Others
Senior Community No
Tax ID 123-45-143
Acceptable Financing Conventional, FHA, VA Loan
Disclosures Seller Prop Disc Stm
Listing Terms Conventional, FHA, VA Loan
Financing Other
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