11811 167Th Street, Artesia, CA 90701
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Listed Price :
$1,100,000
-
Beds :
3
-
Baths :
5
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Property Size :
1,826 sqft
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Year Built :
1948
Property Description
We are pleased to present this 5-unit apartment community located at 11811 167th St in Artesia. This opportunity is priced at a 5.61% CAP and a 11.02 GRM on current rents, with potential upside to a 8.21% CAP and a 8.41 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.
Interior Features
| Bedroom Information |
| Bedrooms |
3 |
| Bathroom Information |
| Bathrooms |
5 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
11811 167Th Street |
| City |
Artesia |
| State |
CA |
| Zip |
90701 |
| County |
Los Angeles |
| Listing Agent |
Casey Lins DRE #01902650 |
| Courtesy Of |
Kidder Mathews of California, Inc. |
| List Price |
$1,100,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
1,826 |
| Lot Size |
10,813 |
| Year Built |
1948 |
Listing information courtesy of: Casey Lins, Kidder Mathews of California, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 8th, 2024 at 8:41 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.
