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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,350,000

Est. payment - /mo

5,070 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26173455

HOA Y/N No

Year Built 1952

Lot Size 5,070 Sqft

Property Sub-Type Single Family Residence

Property Description

Two homes, one lot, income from day one. A rare Artesia offering that checks the boxes investors search for and seldom find.

The front residence is a charming 2 bedroom, 1 bath single family home with classic character and [a private yard and long driveway with room for multiple vehicles]. It could use a touch of TLC, yet it already commands full market rent, meaning every cosmetic improvement a new owner makes is pure value add.

Tucked behind it sits the showpiece: a brand new 2 bedroom, 1 bath factory built (prefab) home completed in 2025 and set on a permanent foundation, built to today's codes with modern finishes throughout, including [open concept living, quartz counters, luxury vinyl plank flooring, energy efficient dual pane windows, and ductless heating and cooling].

The property also includes a detached 2 car garage, offering covered parking, storage, or the potential for a future ADU conversion to add a third income unit (buyer to verify with the City of Artesia). In a market where every additional door changes the math, that flexibility is worth real money.

Both homes are fully detached with no shared walls, giving each household true privacy, a feature tenants pay for and stay for. Each unit is separately metered for gas and electricity, and both are currently leased at $2,800 per month for $5,600 in monthly income ($67,200 annually). Sale is subject to existing leases. That is performance today with headroom tomorrow.

The location does the rest: within the acclaimed ABC Unified School District, minutes from Pioneer Boulevard's famed Little India corridor, close to Artesia Park, Cerritos Towne Center, and Los Cerritos Center, with the 91 and 605 freeways nearby. The kind of address that keeps vacancy rare and rents resilient.

Run the numbers, then run the scenarios. Live in one and let the other produce. Hold both doors for steady cash flow. Or collect rent now, polish the front home later, and own two performing units in one of Southeast LA County's most reliable rental pockets. New construction, dual income, ADU upside, and this school district. Packages like this don't sit.

Location

State CA

County Los Angeles

Area Rc - Artesia

Interior

Interior Features Ceiling Fan(s), Quartz Counters, Recessed Lighting

Heating Central

Cooling See Remarks

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance 6 Burner Stove, Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater, Dryer, Washer

Exterior

Parking Features Driveway, Off Street, See Remarks

Pool None

Community Features Park, Street Lights, Sidewalks

Utilities Available See Remarks

View Y/N Yes

Accessibility See Remarks

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public, See Remarks

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7033015020

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA

Special Listing Condition Standard

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Listed by Neel Patel Kalpesh Mistry, Broker patelneel393@hotmail.com, DRE #02145369

NEARBY SCHOOL & BUSINESS

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12024 Rendova Artesia, CA 90701