1237 E MALIBU Drive Tempe, AZ $ 499,000
1237 E MALIBU Drive
$ 499,000
Recently Listed
Open House 6/18 10am - 1pm
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1237 E MALIBU Drive

Tempe, AZ, 85282
$ 499,000
Bedrooms4 Baths2.0 Sq 1,909

Monthly Estimate*

$ 3,072

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Single Family Home for sale in Tempe, AZ

for $499,000 with 4 bedrooms and 2 full baths. This 1,909 square foot home was built in 1963 on a lot size of 0.27.

Priced to sell, this 4 bed 2 bath with pool is walking distance to ASU, the park, bus stops and more. Less than 1 mile to 101 freeway. Home needs to be updated to gain full potential, great opportunity for first time home buyer or investor. Pool was resurfaced, partial roof replacement, insulation updated, windows dual pane, kitchen remodeled and gas added, plenty of room for storage.

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Open House

6/18/2026 10:00 AM - 1:00 PM
6/20/2026 11:00 AM - 2:00 PM
1237 E MALIBU Drive Tempe, AZ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 499,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 2,412

Style

Residential

Lot Size

0.27

Year Built

1963

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

7042461

Features
Interior
Interior Amenities Breakfast Bar Pantry Full Bth Master Bdrm
Flooring Carpet Tile
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N N
Window Features Dual Pane
Fireplace Y/N N
Laundry Features Wshr/Dry HookUp Only
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Pantry True
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General
Sewer Public Sewer
Heating None
Cooling Central Air
Utilities Natural Gas Connected Natural Gas Available SRP
Possession Close Of Escrow
Roof Other
Garage Spaces 0.0
Association Fee Includes No Fees
Pool Features Variable Speed Pump Outdoor
Construction Materials Slump Block
Year Built 1963
Township 1N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Maricopa
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name CYPRUS EAST
Possible Use None
Total Rooms 0
Special Listing Conditions N/A
Status Active
Directions East Mesa: Est drive time: 20-30 mins. Take US-60 West toward Tempe/Phoenix. Exit at Rural Rd and turn right (north). Continue on Rural Rd- 2 miles. Turn left (west) onto Malibu Dr. Continue to 1237
High School McClintock High School
City Tempe
Disclosures Seller Discl Avail
High School District Tempe Union High School District
Open Parking Spaces 0.0
Lot Size Units Square Feet
Lot Size Square Feet 11626.0
Carport Spaces 2.0
Carport Y/N N
Spa Features None
Elementary School Joseph P. Spracale Elementary School
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2412.0
Home Warranty Y/N N
Current Financing Conventional
Middle/Junior High School Connolly Middle School
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Builder Name UNKNOWN
Standard Status Active
Occupancy Type Vacant
Elementary School District Tempe School District
Tax Lot 59
New Financing: Conventional True
Senior Community N
New Financing: FHA True
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
New Financing: VA True
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Exterior
Exterior Amenities Storage
Fencing Back Yard Block
Parking Features Attached Carport
Lot Features Corner Lot Gravel/Stone Front Gravel/Stone Back Synthetic Grass Back
Water Source City Water
Lot Size Area 11626.0
Spa N
Lot Size Acres 0.27
Road Surface Type Asphalt
Lot Size Source Assessor
Waterfront Y/N N
Covered Spaces 2.0
Crops Included Y/N N
Road Responsibility City Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1237
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* Excluded Features
List By
Real Broker

Broker

ej@ephremjando.com

Email

Affordability Calculator

$3,273
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$201
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4328078 Elementary School
4327180 Middle School
McClintock High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$499,000 Listed Price

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1237 E MALIBU Drive, Tempe, AZ, 85282 is a Single Family Home for sale at $499,000 with 1,909 sqft and a lot size of 0.27. 1237 E MALIBU Drive has 4 bedrooms, 2.0 baths, and was built in 1963. The property's zip code is 85282 which is in Tempe, AZ