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$ 930,000
$ 895,000 3.9%
Est. payment | /mo
5 Beds
3 Baths
7,601 Sqft Lot
$ 930,000
$ 895,000 3.9%
Est. payment | /mo
5 Beds
3 Baths
7,601 Sqft Lot
Key Details
Sold Price $930,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW26070595
Sold Date 05/19/26
Bedrooms 5
Lot Size 7,601 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Welcome to 1801618 Jersey Ave, a compelling duplex opportunity in the heart of Artesia, offering both immediate flexibility and long-term upside. Positioned on a generous lot and delivered fully vacant, this property presents a rare opportunity for an owner-user, investor, or developer to step in with complete control from day one. The property features approximately 2,100+ square feet of living space, consisting of a larger front unit with a 3-bedroom, 2-bath configuration, and a rear 2-bedroom, 1-bath unit. The layout lends itself well to multigenerational living, owner occupancy with supplemental income, or a full repositioning strategy to maximize rents and value. There is also one 2-car garage and one 1-car garage present. While the property requires renovation, it is precisely this value-add profile that creates the opportunity. In a market where stabilized assets command a premium, this is a chance to build equity through thoughtful improvements and strategic management. The size, configuration, and vacant delivery set the stage for a wide range of exit strategies. Importantly, this offering can be acquired individually or in conjunction with the adjacent property at 1802224 Jersey Ave, a separate duplex on its own lot. Together, the two properties provide over 14,000 square feet of combined land and four total units, an increasingly rare side-by-side acquisition opportunity in Southern California with meaningful long-term development and income potential. Located in a strong rental corridor with convenient access to freeways, retail, and employment centers, 1801618
Location
State CA
County Los Angeles
Zoning Assessor
Direction from 605 fwy, exit south st - east, left onto gridley, right onto 183rd, left onto jersey
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 7035011027
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Probate Sbjct to Overbid
Listed by Paige Charnick, DRE#01755588 Beach Equities
Bought with NON LISTED OFFICE
Bought with NON LISTED OFFICE
Nearby Locations
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Patrick Cohen
REALTOR® | Lic# 1936110