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11811 167Th Street

Artesia, CA 90701

$1,100,000

List Price

3

bed Beds

5

shower Baths

2,600 sqft

straighten / sqft

1948

calendar_month Built

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.

Listing Information

List Price $1,100,000
Status Active
MLS 24450373
Type Residential Income
Year Built 1948
Lot Size 10,813
Structure Size 2,600
DOM 72
Courtesy Of Kidder Mathews of California, Inc.
Listing Agent Casey Lins DRE#01902650

Interior Features

Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 5
Cooling Type
Cooling Type None

Exterior Information

Maps

home_work Nearby Properties

Image

$549,000

king_bed N/A
shower N/A
straighten N/A
straighten 5,265
11818 167Th Street,

Artesia, CA 90701
Image

$950,000

king_bed 3
shower 2
straighten 1,444
straighten 7,391
11854 166Th Street,

Artesia, CA 90701
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$839,990

king_bed 3
shower 3
straighten 1,342
straighten 1,373
11716 Arkansas Street, #H,

Artesia, CA 90701
Image

$799,990

king_bed 3
shower 3
straighten 1,373
straighten 1,373
11722 Arkansas Street, #B,

Artesia, CA 90701
Image

$849,990

king_bed 3
shower 4
straighten 1,584
straighten N/A
11722 Arkansas Street, #D,

Artesia, CA 90701

Listing information courtesy of: Casey Lins, Kidder Mathews of California, Inc. 714-333-6768. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 5:15 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.