2447 E LA JOLLA Drive, Tempe, AZ 85282

$450,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,590 Lot Size (sq. ft.): 7,466 Status: Active
Current Price: $450,000 Last Modified: 6/21/2025

Description

Now leased with a 12-month agreement in place, this beautifully remodeled home offers immediate cash flow at a solid 6% CAP rate—ideal for investors seeking a turnkey rental with stable income. Step inside to discover a stylish, functional renovation featuring waterfall quartz countertops, modern two-tone cabinetry, and a cozy wood-burning fireplace perfect for relaxing evenings. The layout includes 3 generously sized bedrooms and 2 sleek, updated bathrooms, providing comfort and privacy for tenants. A spacious two-car garage adds convenience for parking or storage needs. Sustainability and savings go hand in hand with owned solar panels, reducing utility costs and boosting long-term value. A new AC unit installed in 2024 reduces long term maintenance expenses.

Supplements: This property blends charm, efficiency, and long-term investment appealdon't miss your chance to own a high-performing asset!

More Information MLS# 6823628

Contract Information

List Price: $450,000 Status: Active Current Price: $450,000 List Date: 2025-02-19 Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No

Location Tax Legal

House Number: 2447 Compass: E Street Name: LA JOLLA St Suffix: Drive City/Town Code: Tempe State/Province: AZ Zip Code: 85282 Zip4: 6048 County Code: Maricopa Assessor Number: 134-44-242 Subdivision: KNOELL TEMPE UNIT 2 Tax Year: 2024

General Property Description

Dwelling Type: Single Family Residence Dwelling Styles: Detached Exterior Stories: 1 # of Interior Levels: 1 # Bedrooms: 3 # Bathrooms: 2 Approx SQFT: 1590 Price/SqFt: 283.02 Horses: N Builder Name: unknown Year Built: 1970 Lead Based Hazard Disclosure: Yes Approx Lot SqFt: 7466 Approx Lot Acres: 0.171 Pool: None Elementary School District: Mesa Unified District High School District: Mesa Unified District Elementary School: Roosevelt Elementary School Jr. High School: Rhodes Junior High School High School: Dobson High School

Remarks Misc

Cross Street: Loop 101 & Southern Ave Directions: East on Southern Ave, Turn South on S Evergreen Rd, West on E La Jolla Dr, Property is on the left side of the street. Geo Lat: 33.389727 Geo Lon: -111.885933

Legal Info

Township: 1N Range: 5E Section: 31 Lot Number: 505

Basement

Basement Y/N: N

Items Updated

Floor Yr Updated: 2019 Floor Partial/Full: Full Ht/Cool Yr Updated: 2024 Ht/Cool Partial/Full: Full Roof Yr Updated: 2013 Roof Partial/Full: Full Kitchen Yr Updated: 2019 Kitchen Partial/Full: Full Bath(s) Yr Updated: 2019 Bath(s) Partial/Full: Partial

Parking Spaces

Garage Spaces: 2 Slab Parking Spaces: 2 Total Covered Spaces: 2

Solar Panels

Ownership: Owned Outright

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: N/A Architecture: Ranch Master Bathroom: 3/4 Bath Master Bdrm Fireplace Features: 1 Fireplace; Fireplace Family Rm Flooring: Tile Pool Features: No Pool Spa: None Community Features: Biking/Walking Path; Near Light Rail Stop Dining Area: Breakfast Bar; Dining in FR Kitchen Features: Electric Cooktop; Disposal; Dishwasher; Non-laminate Counter; Kitchen Island Laundry: Wshr/Dry HookUp Only; In Garage Other Rooms: Family Room Technology: Cable TV Avail; High Speed Internet Exterior Features: Covered Patio(s); Pvt Yrd(s)/Crtyrd(s) Parking Features: Direct Access; Garage Door Opener Construction: Block; Wood Frame Const - Finish: Painted Roofing: Composition Cooling: Central Air Heating: Natural Gas Utilities: SRP Water Source: City Water Sewer: Sewer - Public Fencing: Wood Property Description: North/South Exposure; Alley Landscaping: Desert Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Keller Williams Realty East Valley
Last Updated: June - 21 - 2025
2447 E LA JOLLA Drive, Tempe, AZ 85282- MLS# 6823628
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