
Artesia, California 90701
This property represents a High-Potential Investment Opportunity, listed at $1,350,000. While the list price exceeds the estimated $1,143,685 Fair Market Value, the asset offers immediate, stable cash flow of $5,600 monthly from two fully detached units. The 2025 prefab rear home provides modern, low-maintenance living, while the 1952 front residence offers significant value-add potential through cosmetic updates. Situated in the ABC Unified School District near Cerritos High School, this is a prime acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12024 Rendova Subject | $1,250,000* List Price | 0 | 0 | 1,510 | $728 | - |
A 18100 Clarkdale Avenue Sold | $926,000 | 4 | 2 | 1,235 | $750 | 0.3 mi |
B 18507 Horst Sold | $975,000 | 3 | 2 | 1,404 | $694 | 0.4 mi |
C 12157 187th Sold | $925,000 | 3 | 2 | 1,352 | $684 | 0.6 mi |
D 19044 Grayland Avenue Sold | $1,000,000 | 4 | 2 | 1,657 | $604 | 0.9 mi |
E 11607 175th Sold | $922,000 | 3 | 2 | 1,080 | $854 | 0.6 mi |
F 17809 Thornlake Active | $899,900 List Price | 3 | 2 | 1,352 | $666 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a brand new 2025 prefab home with modern finishes, quartz countertops, and energy-efficient ductless HVAC. While the front 1952 residence requires some cosmetic TLC, it remains functional and income-producing, resulting in a strong overall condition for the lot.
High School: Cerritos High School (10/10).
The property features two fully detached, separately metered homes generating an immediate $5,600 in monthly rental income, providing a turnkey opportunity for investors or house-hackers.
Situated within the highly acclaimed ABC Unified School District and near top-rated institutions like Cerritos High School, the location ensures high tenant demand and long-term value appreciation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1510, other record living area = 752.
The front 1952 residence is noted to require 'TLC' and cosmetic improvements, which may necessitate immediate additional capital investment from the buyer.
Housing two detached dwellings on a 5,070-square-foot lot results in limited private outdoor space and yard utility for each individual unit.
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.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 1.9 |
| Square foot | 1,510 | 1,636.444 |
| Lot Size | 5,070 | 6,266 |
| Price | $1.25M | $871.4K |
| Price per sq ft | $828 | $636 |
| Built year | 1952 | 1962 |
| HOA | $0 | $0 |
| Days on market | 32 | 53 |
Aug 25, 2026
$1,250,000
$1,350,000
-7% Price Drop
Initial Listing
Aug 8, 2026
$1,350,000
Initial Listing
Jan 23, 2024
$645,000
Public Record