Artesia, CA 90701,11543 186th St
Artesia, CA 90701,11543 186th St
Artesia, CA 90701,11543 186th St
Artesia, CA 90701,11543 186th St
Artesia, CA 90701,11543 186th St
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$2,080,000

$2,300,000

9.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

10 Beds

7 Baths

4,507 SqFt


SOLD DATE : 10/24/2022

Key Details

Sold Price $2,080,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 4,507 sqft

Price per Sqft $461

MLS Listing ID 22-189023

Sold Date 10/24/22

Bedrooms 10

Year Built 1962

Lot Size 0.491 Acres

Acres 0.2212

Property Description

11543 186th Street is a value add 6-unit multifamily investment opportunity plus vacant land, located in the highly desirable rental market of Artesia. The building has an excellent unit mix of (1) three-bedroom, two bathroom unit, (2) two-bedroom, one bathroom units and (3) one-bedroom, one bathroom units. The property has a total of 4,507 rentable square feet with a lot size of 9,636 square feet. 4 of the 6 units will be delivered vacant at the close of escrow. The offering includes an adjacent 11,735 square foot vacant parcel zoned MR (Multiple Residential) which will allow for 4-6 units. Both lots combined total 21,371 square feet of prime Artesia multiple residential land. Within walking distance to the property is the Los Cerritos Center which offers premium stores, dining and entertainment. The property has been in the same family over 50 years and is an outstanding investment opportunity because of its great location, substantial amount of rental upside and development potential. Buyer to verify with city and assumes all responsibility.

Location

State CA

County Los Angeles

Area Artesia

Zoning ATMRV*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Garage - 1 Car, Driveway

Garage Spaces 6.0

Building

Lot Description 2-4 Lots

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty
Bought with Coldwell Banker Alliance

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Jeff Lemen

REALTOR® | Lic# 01314776

+1(310) 892-6005

11911 San Vicente Blvd # 200, Angeles, CA, 90049

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