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Listed by Paige Charnick • Beach Equities
$ 895,000
Est. payment /mo
Pending
18018 Jersey Artesia, CA 90701
2,182 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,182 sqft
Price per Sqft $410
MLS Listing ID PW-26070595
Year Built 1960
Lot Size 7,601 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
18016–18 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 18022–24 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, 18016–18 Jersey Ave represents a unique blend of scale, flexibility, and upside for the right buyer.
Location
State CA
County Los Angeles
Area Rc - Artesia
Interior
Laundry Washer Hookup
Exterior
Garage Spaces 4.0
Pool None
Community Features Curbs
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Others
Virtual Tour https://vimeo.com/1178929185?share=copy&fl=sv&fe=ci
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