11500 186th Street, Artesia, CA 90701
  • MLS#: OC25007319 ( Apartment )
  • Street Address: 11500 186th Street
  • Viewed: 1
  • Price: $8,995,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2014
  • Bldg sqft: 0
  • Days On Market: 7
  • Additional Information
  • County: LOS ANGELES
  • City: Artesia
  • Zipcode: 90701
  • Provided by: Marcus & Millichap RE Invest
  • Contact: Tyler Tyler
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    11500 11506 186th Street is a 12 unit multifamily investment property located in Artesia, a premier rental market in Los Angeles County, California. Built in 2014, the property offers an attractive unit mix consisting of 6, two bedroom townhomes and 6, three bedroom townhomes all of which feature a den. The property features a well maintained exterior and offers highly desirable amenities including central A/C, private sundecks, direct access garage parking, open parking, and in unit laundry hookups. 11500 11506 186th Street is ideally located within walking distance of Los Cerritos Center, a super regional mall that provides residents with convenient access to a plethora of shopping, dining, and entertainment options. The property also benefits from its inclusion in the ABC Unified School District, a prestigious school district that ranks highly nationally and holds an A+ grade from Niche.com. Additionally, 11500 11506 186th Street is located just blocks away from an International Cultural District, also known as Little India, which offers over 120 unique retailers and restaurants. Furthermore, the property is within half a mile of Interstate 605 and one mile of State Route 91, providing residents with convenient access to employment hubs throughout Los Angeles and Orange Counties. 11500 11506 186th Street is an outstanding opportunity for investors seeking newer construction in a vibrant Los Angeles County neighborhood. The propertys attractive exterior, premium amenities, and strong unit mix will be key drivers in the continued growth and success of the property.
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 17638.00
Commoninterest
  1. Community Apartment
Common Walls
  1. No Common Walls
Country
  1. US
Electric Expense
  1. 2205.00
Entry Location
  1. First level
Fuel Expense
  1. 2205.00
Garage Spaces
  1. 27.00
Insurance Expense
  1. 9000.00
Laundry Features
  1. Gas Dryer Hookup
  2. Washer Hookup
Lot Features
  1. Level with Street
Netoperatingincome
  1. 359608.00
Newtaxesexpense
  1. 102392.00
Number Of Separate Electric Meters
  1. 12
Number Of Separate Gas Meters
  1. 12
Otherexpense
  1. 14865.00
Otherexpensedescription
  1. Misc
Parcel Number
  1. 7039009071
Pool Features
  1. None
Postalcodeplus4
  1. 5517
Professionalmanagementexpense
  1. 20987.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 429898593:CRM
Totalexpenses
  1. 165065.00
Trash Expense
  1. 2205.00
Uncovered Spaces
  1. 3.00
Vacancyallowance
  1. 16227
Water Sewer Expense
  1. 2206.00
Water Source
  1. Public
Year Built
  1. 2014
Year Built Source
  1. Assessor
Zoning
  1. ATA10000*