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Key Details
Sold Price $10,975,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22030443
Sold Date 06/03/22
Bedrooms 3
HOA Y/N No
Lot Size 1.070 Acres
Property Description
**Call for Offers: February 25th, 2022 at 5 PM PST** 11562 186th Street is a 29-unit multifamily investment property located in Artesia, a premier rental market in Los Angeles County. Built in 1973, 11562 186th Street consists of one and two-bedroom floor plans with amenities including a spacious courtyard, gated surface and carport parking, controlled access, and on-site laundry. Situated on an oversized 1.07-acre lot, the property offers a new owner the potential to build additional dwelling units (Buyer to verify with the city of Artesia). 11562 186th Street is ideally located within walking distance of Los Cerritos Center, a super-regional mall that provides residents with convenient access to a plethora of shopping, dining, and entertainment options. The property also benefits from its inclusion in the ABC Unified School District, a prestigious school district that ranks among the top 7 percent nationally. Additionally, 11562 186th Street is located just blocks away from the International Cultural District, also known as Little India, which offers over 120 unique retailers and restaurants. Furthermore, the property positioned in close proximity to State Route 91 as well as Interstates 5, 105, 405, and 605, providing residents with convenient access to employment hubs throughout Orange and Los Angeles Counties.
**Call for Offers: February 25th, 2022 at 5 PM PST** 11562 186th Street is a 29-unit multifamily investment property located in Artesia, a premier rental market in Los Angeles County. Built in 1973, 11562 186th Street consists of one and two-bedroom floor plans with amenities including a spacious courtyard, gated surface and carport parking, controlled access, and on-site laundry. Situated on an oversized 1.07-acre lot, the property offers a new owner the potential to build additional dwelling units (Buyer to verify with the city of Artesia). 11562 186th Street is ideally located within walking distance of Los Cerritos Center, a super-regional mall that provides residents with convenient access to a plethora of shopping, dining, and entertainment options. The property also benefits from its inclusion in the ABC Unified School District, a prestigious school district that ranks among the top 7 percent nationally. Additionally, 11562 186th Street is located just blocks away from the International Cultural District, also known as Little India, which offers over 120 unique retailers and restaurants. Furthermore, the property positioned in close proximity to State Route 91 as well as Interstates 5, 105, 405, and 605, providing residents with convenient access to employment hubs throughout Orange and Los Angeles Counties.
Location
State CA
County Los Angeles
Area Artesia (90701)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 1+ to 2 AC
Level or Stories 2 Story
Others
Acceptable Financing Exchange
Space Rent $18,170
Listing Terms Exchange
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Bought with Tyler Leeson • Marcus & Millichap RE Invest