Raoul Loustaunau
eXp Realty
(623) 254-7612
90 Total Sales
1 in Temple
$357,000 Price
750 E 1st Ave Mesa, AZ 85204
Temple Neighborhood
--
Beds
--
Baths
--
Sq Ft
1978
Built
Highlights
- Patio
- Central Air
- Partially Fenced Property
- Franklin Accelerated Academy-Brimhall Campus Rated A
- Ceiling Fan
- Desert Landscape
About This Home
As of July 2026750 E 1st Avenue presents a 16 unit multifamily investment opportunity in the heart of Mesa, Arizona. Offering stable in-place income with clear operational upside. Comprised of a desirable mix of studio and 1bed/1bath units, the property is well positioned to capitalize on continued rental demand in a strong workforce housing corridor. Located just minutes from Downtown Mesa, light rail access, major freeways, and expanding retail and employment hubs, the asset combines dependable cash flow with long term growth potential in one of the East Valley's most active submarkets.
Last Agent to Sell the Property
Orion Investment Real Estate License #SA689433000 Listed on: 02/24/2026
Last Buyer's Agent
Orion Investment Real Estate License #SA689433000 Listed on: 02/24/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $298
Year Built
- Built in 1978
Lot Details
- Partially Fenced Property
- Desert Landscape
- Additional Parcels
Home Design
- Composition Roof
- Foam Roof
- Block Exterior
- Stucco
Home Security
- Security Lights
- Fire and Smoke Detector
Parking
- 22 Open Parking Spaces
- 22 Parking Spaces
Utilities
- Central Air
- Heating Available
- Natural Gas Not Available
Additional Features
- Ceiling Fan
- Patio
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for water, sewer, trash collection
- Tax Lot 10
- Assessor Parcel Number 138-28-079
Community Details
Overview
- 2 Buildings
- 16 Units
- Building Dimensions are IRR
- Chula Vista Amd Subdivision
Building Details
- Operating Expense $298
- Gross Income $193,800
- Net Operating Income $142,800
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 28, 2025
Sold by
Arixa Institutional Lending Partners Llc
Bought by
Purchase Details
Closed on
May 20, 2025
Sold by
Azpmr Properties 2 Llc
Bought by
Arixa Institutional Lending Partners Llc
Purchase Details
Listed on
Feb 3, 2022
Closed on
Mar 31, 2022
Sold by
750 E 1St Llc
Bought by
Azpmr Properties 2 Llc
Seller's Agent
Chad Cluff
Cluff Real Estate LLC
Buyer's Agent
Kimberly Cole
Better Homes & Gardens Real Estate SJ Fowler
List Price
$2,750,000
Sold Price
$2,700,000
Premium/Discount to List
-$50,000
-1.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,530,000
Interest Rate
3.92%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 1, 2016
Sold by
Vo Thanh M and Thanh M Vo 2003 Trust
Bought by
750 E 1St Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
3.48%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 1, 2005
Sold by
Margalit Ruth and Weintraub Isaac
Bought by
Vo Thanh M and Thanh M Vo 2003 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 8, 2005
Sold by
Margalit Ruth
Bought by
Weintraub Isaac and Margalit Ruth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 13, 2003
Sold by
Deleo Louis
Bought by
Margalit Ruth
Purchase Details
Closed on
Dec 1, 2000
Sold by
Deleo Mary
Bought by
Deleo Louis
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Temple, AZ
-
Raoul Loustaunau
-
Bryce Henderson
Bryce Henderson
Equity Arizona Real Estate
(833) 963-2977
131 Total Sales
2 in Temple
$295K - $359K Price Range
-
Mary Jo Santistevan
Mary Jo Santistevan
Responds QuicklySERHANT.
(623) 263-8643
248 Total Sales
1 in Temple
$365,000 Price
-
Kimberly Huffaker
Kimberly Huffaker
Responds QuicklyAZ Key LLC
(623) 263-0766
55 Total Sales
1 in Temple
$349,689 Price
-
Janie Garza Clark
Janie Garza Clark
Realty ONE Group
(623) 755-9796
59 Total Sales
1 in Temple
$425,000 Price
-
Lisa Sandoval
Lisa Sandoval
Berkshire Hathaway HomeServices Arizona Properties
(623) 404-8675
49 Total Sales
1 in Temple
$230,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | -- | None Listed On Document | |
| Trustee Deed | $2,746,492 | None Listed On Document | |
| Special Warranty Deed | $2,700,000 | American Title Services | |
| Warranty Deed | -- | Old Republic Title | |
| Warranty Deed | -- | Old Republic Title | |
| Special Warranty Deed | $665,000 | Stewart Title & Trust Of Pho | |
| Interfamily Deed Transfer | -- | Stewart Title & Trust Of Pho | |
| Cash Sale Deed | $402,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,530,000 | Construction | |
| Previous Owner | $738,300 | Commercial | |
| Previous Owner | $458,000 | Commercial | |
| Previous Owner | $500,000 | Purchase Money Mortgage |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2026 07/21/26 | Sold | $2,000,000 | -16.7% | -- | |
| 02/24/2026 02/24/26 | For Sale | $2,400,000 | 0.0% | -- | |
| 02/14/2025 02/14/25 | Rented | $900 | -2.7% | -- | |
| 11/14/2024 11/14/24 | Price Changed | $925 | -2.6% | $0 / Sq Ft | |
| 08/20/2024 08/20/24 | Price Changed | $950 | -4.9% | $0 / Sq Ft | |
| 06/08/2024 06/08/24 | Price Changed | $999 | -0.1% | $0 / Sq Ft | |
| 05/22/2024 05/22/24 | For Rent | $1,000 | 0.0% | -- | |
| 04/05/2022 04/05/22 | Sold | $2,700,000 | -1.8% | -- | View Prior Sale |
| 04/02/2022 04/02/22 | Price Changed | $2,750,000 | 0.0% | -- | |
| 03/11/2022 03/11/22 | Pending | -- | -- | -- | |
| 02/17/2022 02/17/22 | Pending | -- | -- | -- | |
| 02/02/2022 02/02/22 | For Sale | $2,750,000 | +409.3% | -- | |
| 04/22/2014 04/22/14 | Sold | $540,000 | -9.2% | -- | View Prior Sale |
| 04/02/2014 04/02/14 | Pending | -- | -- | -- | |
| 10/02/2013 10/02/13 | For Sale | $595,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,383 | $24,154 | ||
| 2024 | $2,390 | $23,004 | ||
| 2023 | $2,390 | $115,330 | $11,500 | $103,830 |
| 2022 | $2,341 | $74,230 | $7,400 | $66,830 |
| 2021 | $2,369 | $63,490 | $6,330 | $57,160 |
| 2020 | $2,339 | $67,050 | $6,680 | $60,370 |
| 2019 | $2,185 | $51,790 | $5,160 | $46,630 |
| 2018 | $2,097 | $51,480 | $5,130 | $46,350 |
| 2017 | $2,035 | $45,568 | $4,608 | $40,960 |
| 2016 | $1,997 | $36,941 | $3,661 | $33,280 |
| 2015 | $1,877 | $26,550 | $2,640 | $23,910 |
Source: Public Records
Agents Affiliated with this Home
-
Jackson Everhart
Seller's Agent in 2026
Jackson Everhart
Orion Investment Real Estate
(480) 634-6934
1 in this area
33 Total Sales
-
Ken Tasopulos
KT
Seller Co-Listing Agent in 2025
Ken Tasopulos
Better Homes & Gardens Real Estate SJ Fowler
(602) 264-8400
5 Total Sales
-
KC
Buyer's Agent in 2025
Kim Cole
Bud Gragg and Associates Real Estate, LLC
-
Chad Cluff
Seller's Agent in 2022
Chad Cluff
Cluff Real Estate LLC
(602) 882-0694
3 in this area
27 Total Sales
-
Kimberly Cole
Buyer's Agent in 2022
Kimberly Cole
Better Homes & Gardens Real Estate SJ Fowler
(480) 799-4377
1 in this area
11 Total Sales
-
LK
Seller's Agent in 2014
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6989123
APN: 138-28-079
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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