11811 167th Street
$1,100,000
3
5
1,826
1,826
$602
Description
We are pleased to present this 5-unit apartment community located at 11811 167th St in Artesia. This opportunity is priced at a 5.61% CAP and a 11.02 GRM on current rents, with potential upside to a 8.21% CAP and a 8.41 GRM on pro-forma rents. There are 2 separate buildings located on the property, situated on a large 10,813 sf lot offering ample onsite parking as well as the potential addition for ground up ADUs. The unit mix consists of 1 three-bedroom unit and 4 Studio units, all of which have...We are pleased to present this 5-unit apartment community located at 11811 167th St in Artesia. This opportunity is priced at a 5.61% CAP and a 11.02 GRM on current rents, with potential upside to a 8.21% CAP and a 8.41 GRM on pro-forma rents. There are 2 separate buildings located on the property, situated on a large 10,813 sf lot offering ample onsite parking as well as the potential addition for ground up ADUs. The unit mix consists of 1 three-bedroom unit and 4 Studio units, all of which have been renovated. This opportunity offers easy freeway access as it is situated just north of the 91 freeway and in close proximity to the 605 freeway. Local retailers and restaurants include Walgreens, 99 Ranch Market, Ozen Sushi, Three Amigos Mexican, El Cortez Meat Market, Surawon Korean BBQ and 808 Local Hawaiian Grill.
- Listed by Casey Lins • DRE #01902650 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.
Property Details for 11811 167th Street
Zoning
ATM1*
Parcel Number7011006019
Total Units5.0
Living Area1826
Source Living AreaAssessor
AreaArtesia (RC)
Vacancy Rate0
Lot Size Area10813
LISTING UPDATED: 11/04/2024 09:20 AM
Property Details for 11811 167th Street
Status | Active |
---|---|
MLS # | 24-450373 |
Days on Market | 47 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1948 |
Lot Size | 0.25 AC / 10,813 SF |
County | Los Angeles County |
Building Information for 11811 167th Street
Stories1Residences-Year Built1948Building Size-Lot Size0.25 AC / 10,813 SF
Property Information for 11811 167th Street
Property History for 11811 167th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 11811 167th Street
Taxable ValueLand$375,269Additions$198,356Total$573,625
Tax Record2024$8,211 ($684 / month)
Home Facts
Total Finished SqFt1,826 SqFtAbove Grade Finished SqFt1,826 SqFtLot Size8,232 SqFtStyleMulti-Family Res (5+ Units)Year Built1948ZoningATM1*CountyLOS ANGELESAPN7011-006-019
Schools near 11811 167th Street
This home is within Abc Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Niemes (John H.) Elementary School PublicK to 6 | ||
Ross (Faye) Middle School Public7 to 8 | ||
Gahr (Richard) High School Public9 to 12 | ||
ABC Virtual Academy PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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