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Listed by Paige Charnick, DRE #01755588 • Beach Equities
$ 800,000
Est. payment /mo
Active
18022 Jersey Artesia, CA 90701
6,894 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26070608
Year Built 1956
Lot Size 6,894 Sqft
Property Sub-Type Duplex
Source California Regional MLS
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. Situ
Location
State CA
County Los Angeles
Area Rc - Artesia
Exterior
Garage Spaces 2.0
Pool None
Building
Water District - Public
Others
Tax ID 7035011028
Special Listing Condition Court Confirmation May Be Required
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