11811 167th Street, Artesia, CA 90701
  • MLS#: 24450373 ( )
  • Street Address: 11811 167th Street
  • Viewed: 1
  • Price: $1,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 0
  • Days On Market: 102
  • Additional Information
  • County: LOS ANGELES
  • City: Artesia
  • Zipcode: 90701
  • Provided by: Kidder Mathews of California, Inc.
  • Contact: Casey Casey
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Building Area Total
  1. 2600.00
Cooling
  1. None
Country
  1. US
Heating
  1. Wall Furnace
Inclusions
  1. APN: 7011-006-020
Levels
  1. One
Netoperatingincome
  1. 67309.00
Parcel Number
  1. 7011006019
Parking Features
  1. Uncovered
Postalcodeplus4
  1. 1818
Sourcesystemkey
  1. 24-450373:CLAW
Totalexpenses
  1. 35332.00
Uncovered Spaces
  1. 10.00
Year Built
  1. 1948
Year Built Source
  1. Assessor
Zoning
  1. ATM1*