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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$800,000

Est. payment - /mo

6,895 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PW26070608

HOA Y/N No

Year Built 1956

Lot Size 6,895 Sqft

Property Sub-Type Duplex

Property Description

Beach Equities is pleased to present 18022–24 Jersey Ave, a well-located duplex in Artesia offering a clean, straightforward value-add opportunity with immediate upside. Delivered fully vacant, this property allows a new owner to reposition, lease, or occupy without the constraints of existing tenancy. The property consists of two 2-bedroom, 1-bath units totaling approximately 1,800 square feet of living space. The unit mix is highly desirable for both rental and owner-user demand, and the separate configurations provide flexibility for a variety of investment strategies. As with many opportunities of this nature, the property is not turnkey and will benefit from renovation. However, this creates a clear path to increased rental income and long-term appreciation. Investors seeking to avoid the pricing pressures of stabilized assets will recognize the advantage in acquiring a property where value can be created rather than simply maintained. What further distinguishes this offering is the ability to acquire it alongside the adjacent duplex at 18016–18 Jersey Ave. Together, the two parcels total over 14,000 square feet of land with four units, presenting a rare side-by-side ownership opportunity ideal for investors, owner-users, or those exploring future development potential. Situated in a central Artesia location with strong rental demand and accessibility to major thoroughfares, 18022–24 Jersey Ave offers a balanced combination of location, flexibility, and upside.

Location

State CA

County Los Angeles

Area Rc - Artesia

Interior

Fireplace No

Laundry See Remarks

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7035011028

Acceptable Financing Cash, Subject To Other

Listing Terms Cash, Subject To Other

Special Listing Condition Third Party Approval, Probate Listing

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Listed by Paige Charnick Beach Equities 213-434-4476, DRE #01755588

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18022 Jersey Artesia, CA 90701