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$ 1,200,000
Est. payment | /mo
4 Beds
2 Baths
5,070 Sqft Lot
$ 1,200,000
Est. payment | /mo
4 Beds
2 Baths
5,070 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26217153
Bedrooms 4
Lot Size 5,070 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Two homes. One lot. $5,600 a month coming in from day one. Freshly priced and ready for a serious buyer, this Artesia income property delivers what investors spend months searching for: two fully detached homes, strong leases already in place, and room to grow. Up front is a classic 2 bedroom, 1 bath single family home with a private yard and a long driveway that parks several cars. It's ready for a little TLC, yet it already rents at full market rate, so every update you make goes straight to equity. Out back is the one buyers remember: a brand new 2 bedroom, 1 bath factory built home completed in 2025, set on a permanent foundation and built to current code. Open concept living, quartz counters, luxury vinyl plank floors, dual pane windows, and ductless heating and cooling. Nothing to fix and nothing to wait on. A detached 2 car garage offers covered parking and storage today, plus potential for a future ADU conversion that could add a third income unit (buyer to verify with the City of Artesia). One more door can change the whole return. A detached 2 car garage offers covered parking and storage today, plus potential for a future ADU conversion that could add a third income unit (buyer to verify with the City of Artesia). One more door can change the whole return.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction SEE REMARKS
Interior
Cooling Other/Remarks
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 7033015020
Acceptable Financing Cash, Conventional, Exchange, FHA
Listing Terms Cash, Conventional, Exchange, FHA
Listed by Neel Patel, DRE#02145369 Kalpesh Mistry, Broker
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