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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$1,350,000

Est. payment - /mo

4 Beds

2 Baths

5,070 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26173455

Bedrooms 4

Lot Size 5,070 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Two homes, one lot, income from day one. A rare Artesia offering that checks the boxes investors search for and seldom find. The front residence is a charming 2 bedroom, 1 bath single family home with classic character and [a private yard and long driveway with room for multiple vehicles]. It could use a touch of TLC, yet it already commands full market rent, meaning every cosmetic improvement a new owner makes is pure value add. Tucked behind it sits the showpiece: a brand new 2 bedroom, 1 bath factory built (prefab) home completed in 2025 and set on a permanent foundation, built to todays codes with modern finishes throughout, including [open concept living, quartz counters, luxury vinyl plank flooring, energy efficient dual pane windows, and ductless heating and cooling]. The property also includes a detached 2 car garage, offering covered parking, storage, or the potential for a future ADU conversion to add a third income unit (buyer to verify with the City of Artesia). In a market where every additional door changes the math, that flexibility is worth real money. Both homes are fully detached with no shared walls, giving each household true privacy, a feature tenants pay for and stay for. Each unit is separately metered for gas and electricity, and both are currently leased at $2,800 per month for $5,600 in monthly income ($67,200 annually). Sale is subject to existing leases. That is performance today with headroom tomorrow. The location does the rest: within the acclaimed ABC Unified School District, minutes from Pioneer Boulevards famed Little India corridor, close

Location

State CA

County Los Angeles

Zoning Public Rec

Direction SEE REMARKS

Interior

Cooling Other/Remarks

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 7033015020

Acceptable Financing Cash, Conventional, Exchange, FHA

Listing Terms Cash, Conventional, Exchange, FHA

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Listed by Neel Patel, DRE#02145369 Kalpesh Mistry, Broker

Nearby School & Business

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

12024 Rendova Artesia, CA 90701

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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