CA > Artesia
Artesia, CA 90701,11811 167th ST
Artesia, CA 90701,11811 167th ST
Artesia, CA 90701,11811 167th ST
Artesia, CA 90701,11811 167th ST
Artesia, CA 90701,11811 167th ST
Artesia, CA 90701,11811 167th ST
Jc Aldana
Jc Aldana

Broker Associate | License ID: 01962703

+1(619) 954-3318

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$ 1,170,000

$ 1,100,000 6.4%

Est. payment | /mo

3 Beds

5 Baths

2,600 SqFt

$ 1,170,000

$ 1,100,000 6.4%

Est. payment | /mo

3 Beds

5 Baths

2,600 SqFt

Key Details

Sold Price $1,170,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $450

MLS Listing ID 24450373

Sold Date 04/08/25

Bedrooms 3

HOA Y/N No

Year Built 1948

Lot Size 10,811 Sqft

Property Description

We are pleased to present this 5-unit apartment community located at 11811 167th St in Artesia. Delivered with 2 Units VACANT! This opportunity is priced at a 6.12% CAP and a 10.40 GRM on current rents, with potential upside to a 8.11% CAP and a 8.49 GRM on pro-forma rents. There are 2 separate buildings located on the property, situated on a large 10,813 sf lot offering ample onsite parking as well as the potential addition for ground up ADUs. The unit mix consists of 1 three-bedroom unit and 4 Studio units, all of which have been renovated. This opportunity offers easy freeway access as it is situated just north of the 91 freeway and in close proximity to the 605 freeway. Local retailers and restaurants include Walgreens, 99 Ranch Market, Ozen Sushi, Three Amigos Mexican, El Cortez Meat Market, Surawon Korean BBQ and 808 Local Hawaiian Grill.

Location

State CA

County Los Angeles

Area Rc - Artesia

Zoning ATM1*

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Uncovered

Total Parking Spaces 10

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7011006019

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Casey Lins • Kidder Mathews of California, Inc.
Bought with Jimmy Kim • Circa Properties, Inc.
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“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(619) 954-3318

jcaldana33@gmail.com

2434 Fenton St # 300, Vista, Ca., 91914, USA

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11811 167th ST