
Artesia, California 90701
This Versatile Multi-Generational Property is a High-Potential Investment Opportunity, listed at $1,100,000—positioned slightly above the $1,049,551 Fair Market Value. While priced at market, the home offers significant utility through its flexible layout, including a detached studio and dual living spaces. With an Excellent Condition Rating and proximity to the top-rated Cerritos High School, this asset provides long-term stability. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready home with income-generating potential in a premier school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18319 Norwalk Boulevard Subject | $998,000* List Price | 4 | 3 | 1,918 | $524 | - |
A 17524 Thornlake Sold | $821,000 | 4 | 2 | 1,440 | $570 | 0.5 mi |
B 19044 Grayland Avenue Sold | $1,000,000 | 4 | 2 | 1,657 | $604 | 0.6 mi |
C 17521 Jersey Sold | $810,500 | 3 | 2 | 1,362 | $595 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1948, the property has undergone significant renovations within the 5-15 year range. The kitchen features granite countertops and functional cabinetry, while the bathrooms have been modernized with dual sinks and walk-in showers. The inclusion of central air conditioning, split-system units, and dual-pane windows indicates well-maintained systems, making the home move-in ready.
High School: Cerritos High School (10/10).
The property is situated within the highly acclaimed ABC Unified School District and is less than half a mile from the top-rated Cerritos High School, offering significant long-term value.
With two separate living spaces in the main house and a detached studio, the layout provides exceptional flexibility for extended families or potential rental income opportunities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1918, other record living area = 1558. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The detached garage has been converted into a studio with a kitchenette and bathroom, but the permit status is unverified, which could complicate financing or future resale.
Currently configured as two separate living units, the floor plan may feel disjointed to buyers seeking a standard single-family home flow without performing additional conversion work.
Amazing opportunity to own a beautifully updated home located in a highly sought-after, award-winning school district! Originally designed as a 3-bedroom, 2-bathroom home with approximately 1,558 permitted square feet, this property features a spacious open-concept living and dining area, plus a separate family room. The home is currently configured as two separate living spaces, offering excellent flexibility for extended family or other living arrangements, and can be easily converted back to its original floor plan if desired. The main living area features two generously sized bedrooms, an updated bathroom, a bright open living and dining room with laminate flooring, a spacious kitchen with granite countertops, and a walk-in closet in one of the bedrooms. Additional upgrades include dual-pane windows, central air conditioning, and numerous improvements completed over the past several years. The second living space offers a large private bedroom with its own bathroom featuring dual sinks, a separate soaking tub and walk-in shower, high ceilings, recessed lighting, laminate flooring, wall-mounted A/C units, a convenient kitchenette, and an in-closet washer and dryer. The detached garage has been converted into a studio featuring an open floor plan, split-system air conditioning, a kitchenette, and a bathroom with a walk-in shower (buyer to verify permits). The property also offers plenty of parking and outstanding versatility. Whether you're looking for a spacious primary residence with flexible living arrangements or a home with additional living space, this property is full of possibilities. Don't miss this exceptional opportunity!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,918 | 1,725.5 |
| Lot Size | 5,046 | 7,832.5 |
| Price | $998.0K | $829.0K |
| Price per sq ft | $520 | $669 |
| Built year | 1948 | 1958 |
| HOA | $0 | $0 |
| Days on market | 13 | 62 |
Jul 17, 2026
$998,000
$1,100,000
-9% Price Drop
Initial Listing
Jul 9, 2026
$1,100,000
Initial Listing
Oct 15, 2020
$612,000
Public Record