$2,150,000
$2,175,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
18602 ARLINE AVE Artesia, CA 90701
12 Beds
6 Baths
4,945 SqFt
Key Details
Sold Price $2,150,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,945 sqft
Price per Sqft $434
MLS Listing ID 22-156685
Sold Date 06/08/22
Bedrooms 12
Year Built 1959
Lot Size 8,081 Sqft
Acres 0.1855
Property Description
18602 Arline Avenue is a well maintained 6-unit multifamily investment asset located in the highly desirable rental market of Artesia. The property features all two-bedroom units, in-unit laundry hookups, and a gated courtyard. The building has undergone substantial improvements such as a complete copper re-pipe, new roof in 2017 and tankless water heaters. Within walking distance to the property is the Los Cerritos Center which offers premium stores, dining and entertainment. The subject property has been owned by the same family for over 40 years and is an outstanding investment opportunity because of its great location and substantial amount of rental upside.
Location
State CA
County Los Angeles
Area Artesia
Zoning ATMRV*
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment None
Laundry In Unit
Exterior
Garage Garage
Garage Spaces 6.0
Building
Story 2
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Remax Commercial and Investment Realty
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Broker | License ID: DRE#01976964