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Listed by Paige Charnick • Beach Equities
$ 800,000
Est. payment /mo
Active
18022 Jersey Artesia, CA 90701
1,736 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,736 sqft
Price per Sqft $460
MLS Listing ID PW-26070608
Year Built 1956
Lot Size 6,894 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
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
Laundry See Remarks
Exterior
Garage Spaces 2.0
Pool None
Community Features Curbs
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Others
Virtual Tour https://vimeo.com/1178996922?share=copy&fl=sv&fe=ci
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