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Three at La Jolla 528 W La Jolla Dr 3 Unit Apartment Building $1,100,000 ($366,667/Unit) Tempe, AZ 85282



INVESTMENT HIGHLIGHTS
- Prime Tempe Positioning
- Well Maintained Asset
- Flexible Income Profile
- Highly Desirable Layout
EXECUTIVE SUMMARY
Three at La Jolla is a boutique triplex located in a prime Tempe setting, minutes from Arizona State University, Downtown Tempe, and the area’s major employment and transit corridors. The property benefits from proximity to one of the Phoenix metro’s most durable rental demand drivers while maintaining a quiet residential environment. The asset features a rare configuration, combining an effectively standalone duplex with a single-family–style residence, providing meaningful separation and privacy between units. Renovated interiors, a limited unit count, and a simple operating footprint create an easy-to-manage investment in one of Tempe’s most established rental markets.
PROPERTY FACTS
| Price | $1,100,000 | Lot Size | 0.22 AC |
| Price Per Unit | $366,667 | Building Size | 2,707 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1974/2022 |
| Property Subtype | Apartment | Parking Ratio | 2.22/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | M-M | ||
| Price | $1,100,000 |
| Price Per Unit | $366,667 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.22 AC |
| Building Size | 2,707 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1974/2022 |
| Parking Ratio | 2.22/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | M-M |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Stainless Steel Appliances
- Range
- Island Kitchen
- Patio
- Window Coverings
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | 775 |
| 3+1 | 1 | - | 1,200 |
1 1
Bike Score®
Very Bikeable (74)
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VIDEOS
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Three at La Jolla | 528 W La Jolla Dr
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