
Artesia, California 90701
This Value-Add Duplex Asset represents a High-Potential Investment Opportunity with a List Price of $800,000, aligning with its $773,619 Fair Market Value. Currently featuring a Condition Rating of 5, the property is delivered fully vacant, allowing for immediate renovation to capture significant rental upside and forced appreciation. Located within the prestigious Cerritos High School district (10/10), the asset benefits from intense tenant demand and long-term market stability. This project offers a clear path to equity growth, making it an ideal acquisition for Buy-and-Hold Investors or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18022 Jersey Subject | $800,000* List Price | 0 | 0 | 1,736 | $446 | - |
A 18018 Jersey Active | $895,000 List Price | 0 | 0 | 2,182 | $410 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956, this duplex is explicitly marketed as a non-turnkey value-add opportunity with deferred maintenance. Interior images reveal heavily stained and worn carpeting, dated wall heaters, and original-style kitchens and bathrooms that require substantial rehabilitation and modernization to meet current market standards.
High School: Cerritos High School (10/10).
The property is delivered fully vacant, providing a rare opportunity for investors to immediately renovate and lease at current market rates or for owner-users to occupy without tenant relocation issues.
As a non-turnkey duplex, this property offers a clear path to equity growth and increased rental income through strategic modernization and repositioning.
The property is not in turnkey condition and will require an immediate and potentially significant capital investment for renovations and repairs.
Built in 1956, the property may have original systems that require updating to meet modern building standards and ensure long-term operational efficiency.
Beach Equities is pleased to present 18022–24 Jersey Ave, a well-located duplex in Artesia offering a clean, straightforward value-add opportunity with immediate upside. Delivered fully vacant, this property allows a new owner to reposition, lease, or occupy without the constraints of existing tenancy. The property consists of two 2-bedroom, 1-bath units totaling approximately 1,800 square feet of living space. The unit mix is highly desirable for both rental and owner-user demand, and the separate configurations provide flexibility for a variety of investment strategies. As with many opportunities of this nature, the property is not turnkey and will benefit from renovation. However, this creates a clear path to increased rental income and long-term appreciation. Investors seeking to avoid the pricing pressures of stabilized assets will recognize the advantage in acquiring a property where value can be created rather than simply maintained. What further distinguishes this offering is the ability to acquire it alongside the adjacent duplex at 18016–18 Jersey Ave. Together, the two parcels total over 14,000 square feet of land with four units, presenting a rare side-by-side ownership opportunity ideal for investors, owner-users, or those exploring future development potential. Situated in a central Artesia location with strong rental demand and accessibility to major thoroughfares, 18022–24 Jersey Ave offers a balanced combination of location, flexibility, and upside.
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 | 1956 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 1, 2026
$800,000
Initial Listing