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$ 800,000
Est. payment /mo
Active
18022 Jersey Artesia, CA 90701
6,895 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
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
Virtual Tour https://vimeo.com/1178996922?share=copy&fl=sv&fe=ci
Lease Land No
Listed by Paige Charnick Beach Equities 213-434-4476, DRE #01755588
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