Description
We are pleased to present this 5-unit apartment community located at 11811 167th st in artesia. this opportunity is priced at a 5.61% cap and a 11.02 grm on current rents, with potential upside to a 8.21% cap and a 8.41 grm on pro-forma rents. there are 2 separate buildings located on the property, situated on a large 10,813 sf lot offering ample onsite parking as well as the potential addition for ground up adus. the unit mix consists of 1 three-bedroom unit and 4 studio units, all of which have been renovated. this opportunity offers easy freeway access as it is situated just north of the 91 freeway and in close proximity to the 605 freeway. local retailers and restaurants include walgreens, 99 ranch market, ozen sushi, three amigos mexican, el cortez meat market, surawon korean bbq and 808 local hawaiian grill.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47134073
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 3
Bathroom Information
- Total Baths: 5
- Full Baths: 0
- Half Baths: 0
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1948
- Building Area Total: 1,826
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2482
- Lot Size Source: Assessor
- Lot Size Square Feet: 10813
-
Listing Information
Listing Price Information
- Original List Price: 1,100,000
- Listing Contract Date: 2024-10-08
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7011006019
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Uncovered
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: RC - Artesia
- Postal Code Plus 4: 1818
- Directions: Google Maps: 11811 167th St, Artesia, CA 90701
- Zoning: ATM1*
- Source Property Type: Residential Income
- Area: RC - Artesia
Building and Construction
- Property Age: 76
- Year Built Source: Assessor
- Total Square Feet Living: 1826
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 11/21/2024 @ 08:55
- MLS: 24450373
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 3 bedrooms which is for sale, it has 1,826 sqft, 10,813 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Artesia , in zip code 90701, this Los Angeles County Home are nearby neighborhoods.