
Artesia, California 90701
This Value-Add Duplex presents a Prime Investment Opportunity with a List Price of $895,000—positioned well below the $928,159 Fair Market Value by 3%. This valuation gap offers $33,159 in Instant Equity for buyers prepared to modernize this asset. Featuring a Condition Rating of 5, the property is delivered fully vacant on a 7,601 sqft lot within the elite Cerritos High School district (10/10). This high-upside project is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build significant equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18018 Jersey Subject | $895,000* List Price | 0 | 0 | 2,182 | $425 | - |
A 18022 Jersey Active | $800,000 List Price | 0 | 0 | 1,736 | $461 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960, this duplex is in mostly original condition and requires substantial rehabilitation. Interior images show significant deferred maintenance, including peeling ceiling plaster in the kitchen, outdated linoleum and worn carpeting, and highly aged kitchen appliances and cabinetry. The bathrooms and light fixtures are severely dated, and the listing description explicitly confirms the need for extensive renovation and modernization of infrastructure.
High School: Cerritos High School (10/10).
The property is delivered fully vacant, allowing an owner-user or investor to immediately occupy, renovate, or place new tenants at current market rents without the complications of existing lease agreements.
With a generous 7,601 sqft lot and the rare opportunity to acquire the adjacent duplex, this property offers massive upside through repositioning, expansion, or long-term development in a high-demand area.
The property is in need of significant updates and repairs, which will require a substantial upfront capital investment and a dedicated timeline before the asset can be fully stabilized.
Built in 1960, the property likely contains original systems and components that may necessitate costly modernizations to meet current building codes and modern tenant expectations.
Beach Equities is proud to present 18016–18 Jersey Ave, a compelling duplex opportunity in the heart of Artesia, offering both immediate flexibility and long-term upside. Positioned on a generous lot and delivered fully vacant, this property presents a rare opportunity for an owner-user, investor, or developer to step in with complete control from day one. The property features approximately 2,100+ square feet of living space, consisting of a larger front unit with a 3-bedroom, 2-bath configuration, and a rear 2-bedroom, 1-bath unit. The layout lends itself well to multigenerational living, owner occupancy with supplemental income, or a full repositioning strategy to maximize rents and value. There is also one 2-car garage and one 1-car garage present. While the property requires renovation, it is precisely this value-add profile that creates the opportunity. In a market where stabilized assets command a premium, this is a chance to build equity through thoughtful improvements and strategic management. The size, configuration, and vacant delivery set the stage for a wide range of exit strategies. Importantly, this offering can be acquired individually or in conjunction with the adjacent property at 18022–24 Jersey Ave, a separate duplex on its own lot. Together, the two properties provide over 14,000 square feet of combined land and four total units, an increasingly rare side-by-side acquisition opportunity in Southern California with meaningful long-term development and income potential. Located in a strong rental corridor with convenient access to freeways, retail, and employment centers, 18016–18 Jersey Ave represents a unique blend of scale, flexibility, and upside for the right buyer.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1960 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 1, 2026
$895,000
Initial Listing