
Artesia, California 90701
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $515,560 Fair Market Value by 3%. This valuation gap offers $16,560 in Instant Equity for buyers. With a Condition Rating of 4, the home requires modernization, yet its location in the ABC Unified School District—home to the 10/10 rated Cerritos High School—ensures long-term demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking to build value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12042 166th Subject | $499,000* List Price | 2 | 1 | 864 | $597 | - |
A 11961 170th Street Sold | $620,000 | 3 | 2 | 967 | $641 | 0.2 mi |
B 12027 168th Pending | $559,900 List Price | 2 | 1 | 836 | $670 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962 (62 years old), the property shows signs of maintenance including newer vinyl windows and a relatively recent roof. However, the listing description identifies it as a 'starter home' with 'possibilities' for investors, suggesting that the kitchen, bathroom, and internal systems are likely dated (>20 years) and require modernization to meet current standards.
High School: Cerritos High School (10/10).
Situated in a sought-after area of Artesia, the property offers exceptional proximity to the 91 Freeway, Pioneer Boulevard's dining, and Cerritos' premier shopping and entertainment hubs.
The home is located within the highly-regarded ABC Unified School District, providing access to top-rated schools including Cerritos High School, which boasts a perfect 10/10 rating.
With only 864 square feet of living space and a 2-bedroom, 1-bathroom configuration, the home may be too small for growing families or those requiring more functional space.
Built in 1962 and marketed as an 'opportunity,' the property likely requires modernizing or repairs to meet current market standards and buyer expectations.
Excellent started home in sought after area. Come and experience it for yourself. Great opportunity in Artesia! This well-located home offers a convenient location near schools, parks, shopping, dining, and major transportation. Enjoy easy access to Pioneer Boulevard, Artesia Boulevard, the 91 Freeway, and nearby Cerritos shopping and entertainment. The property is also close to local parks and the vibrant dining and shopping along Pioneer Boulevard. Located within the ABC Unified School District. A great opportunity for a homeowner or investor—come see the possibilities. Close of Escrow after 10/25. Property delivered vacant.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 1.9 |
| Square foot | 864 | 1,636.444 |
| Lot Size | 3,814 | 6,266 |
| Price | $499.0K | $871.4K |
| Price per sq ft | $578 | $636 |
| Built year | 1962 | 1962 |
| HOA | $0 | $0 |
| Days on market | 12 | 53 |
Aug 28, 2026
$499,000
Initial Listing