12024 Rendova, Artesia, CA 90701
- $1,350,000
- List Price
- $1,350,000
- Status
- COMING SOON
- MLS#
- PW26173455
- Year Built
- 1952
- Lot Size
- 5,070
- Acres
- 0.12
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 1
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- One Level
Property Description
Rare income opportunity in the heart of Artesia! This property features TWO detached 2-bedroom, 1-bath homes on a single lot — a charming front house plus a brand-new 2025-built home in the rear. Both units are currently leased at $2,800 per month each, generating $5,600 in monthly income ($67,200 annually). Sale is subject to existing leases. The rear home offers modern finishes, new systems, and the low-maintenance appeal of new construction, while each unit has separately metered electricity and gas for simplified expense management. Situated within the sought-after ABC Unified School District, minutes from Pioneer Blvd's famed shopping and dining corridor, Artesia Park, Cerritos Towne Center, and quick access to the 91 and 605 freeways — a location that keeps rental demand strong year after year. Whether you're a first-time investor, a 1031 exchange buyer, or looking to expand your portfolio with a turnkey, cash-flowing asset, this one checks every box. Live in one home while the second unit generates rental income, or keep both leases in place for immediate cash flow at closing. Opportunities combining new construction, dual income, and this location rarely come along.
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Additional Information
- Appliances
- 6 Burner Stove, Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater, Dryer, Washer
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- See Remarks
- Sewer
- Public Sewer
- Water
- Public, See Remarks
- Interior Features
- Ceiling Fan(s), Quartz Counters, Recessed Lighting
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $67,200
Listing courtesy of Listing Agent: Neel Patel (patelneel393@hotmail.com) from Listing Office: Kalpesh Mistry, Broker.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.