338 E  Malibu Dr, Tempe, AZ 85282
OFF MARKET

338 E Malibu Dr
Tempe, AZ 85282

Tempe Gardens
  • 3 Beds
  • 2 Baths
  • 1,300 sqft

$408,800

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $2,312/mo*

$408,800

Trulia Estimate
as of Aug 8, 2026
Est. Refi. Payment $2,312/mo*
3 Beds
2 Baths
1,300 sqft

Local Information

  • Map ViewExplore the area around 338 E Malibu Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1961
Living Area
1,300 sqft
Price/Sqft
$314
Parking
Garage

About this House

BRAND NEW CARPET FULLY PAINTED EAST ON SOUTHERN FROM RURAL, LEFT ON COLLEGE BY POST OFFICE, LEFT ON MALIBU $100 OFF 1ST MONTH RENT. BONUS ROOM NOT HEATED OR AIR CONDITIONED.OWNER WILL NOT REPLACE WALL UNIT VACANT CODE LB
338 E Malibu Dr, Tempe, AZ 85282 is a 3 bedroom, 2 bathroom, 1,300 sqft multi-family in Tempe Gardens, built in 1961. More recently, it was listed as a rental in November 2017 with an asking price of $1,275 per month. That rental listing was removed on January 13, 2018. It is currently off market. The Trulia Estimate is $408,800, with a rent estimate of $2,380/month.

Home Details for 338 E Malibu Dr

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: RefrigeratorHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Cement ConcretePatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1961
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 1

Lot Information

Lot Area: 7758 sqft

Price History for 338 E Malibu Dr

DatePriceEventSource
01/13/2018$1,125ListingRemovedAgent Provided
01/04/2018$1,125PriceChange
Agent Provided
12/06/2017$1,195PriceChange
Agent Provided
11/22/2017$1,275Listed For RentAgent Provided

Market trends in Tempe

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$463K
$5K
MoM
Sale-to-List Price
98.5%
0.1%
MoM
Price per sq ft
$291
$2
MoM
Available listings
550
13
MoM
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Property Tax and Assessment

Year2025
Tax$1,902
Assessment$328,600
Home facts updated by county records

Comparable Sales for 338 E Malibu Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.99
Multi-Family Home
$650,000
01/22/26
4
4
2,596
0.82
Multi-Family Home
$710,000
05/04/26
7
4
4,300
0.96
Multi-Family Home
$1,250,000
09/30/25
11
2
5,775
1.06
Multi-Family Home
$258,000
11/10/25
2
2
1,008
1.54
Multi-Family Home
$700,000
08/15/25
4
1
1,440
1.51
Multi-Family Home
$715,000
11/26/25
4
1
1,540
1.79
Multi-Family Home
$650,000
02/23/26
5
3
2,106
1.01
Multi-Family Home
$825,000
01/29/26
-
2,346
1.73
Multi-Family Home
$1,610,000
07/03/26
7
8
6,250
2.92
Multi-Family Home
$345,000
07/31/26
3
2
1,052

Nearby homes

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Assigned Schools

These are the assigned schools for 338 E Malibu Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Tempe Gardens

  • Benny R.
    "No one picks up after their animals. It’s irritating to have to clean up other people’s pet feces on my own yard. "
  • svetlana_turley
    "Minutes away from freeways, Tempe Town Lake, Downtown Tempe, Light Rail stops, Sky Harbor Airport, ASU, and MCC."
  • Deeeeestiny
    "No trash here in Tempe like other surrounding cities. Healthy grass and nice bus stations. Stores are remodeled and updated. I love the more personable atmosphere. Tempe is home to events everywhere. "
  • ruta2
    "Friendly relaxed neighborhood with singles, married couples, families and retired folks. Very convenient to everything. Near public transportation, post office, library. Love living here."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 338 E Malibu Dr

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Off Market Homes Near 338 E Malibu Dr

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Frequently asked questions about 338 E Malibu Dr

  • What is 338 E Malibu Dr estimated to be worth?
    Trulia's estimated value for 338 E Malibu Dr in Tempe, AZ is $408,800.
  • Is Tempe a buyer's or seller's market?
    Tempe is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Tempe?
    The median sale price in Tempe is $463K. That is up $5K from the prior month.
  • What are the closest schools to 338 E Malibu Dr?
    The closest schools to 338 E Malibu Dr in Tempe, AZ are Carminati Elementary School (Pre-K, rated 3/10), Connolly Middle School (rated 3/10), Joseph P. Spracale Elementary School (rated 5/10).
  • Does 338 E Malibu Dr have air conditioning?
    Yes, 338 E Malibu Dr in Tempe, AZ has air conditioning.