11540 187th St Artesia, CA 90701
Estimated payment $16,769/month
Highlights
- 0.77 Acre Lot
- Property is near public transit
- Fireplace
- Burbank (Luther) Elementary School Rated A-
- No HOA
- 2 Car Attached Garage
About This Home
An incredible chance to develop four luxury homes with approved plans and ready-to-pull permits in a sought-after neighborhood on the Artesia/Cerritos border. The property currently includes a 3-bedroom, 2-bath home with demolition and grading permits already secured, and all groundwork completed—saving time and effort. The flat, build-ready lot spans 33,671 sq ft (0.77 acres) and comes with approved architectural plans for four modern homes. Each residence features 4–6 bedrooms, 4.5 bathrooms, approximately 3,200–4,200 sq ft of living space, open-concept layouts, loft and office spaces, and a main-floor ADA-accessible suite perfect for multi-generational living. Conveniently located near top-rated ABC Unified schools, freeways (91 & 605), shopping, and dining, this area boasts strong demand, limited new construction, and high resale values. It's a prime opportunity for builders and investors looking for a boutique luxury project with excellent ROI potential.
Listing Agent
Modha Realty, Inc Brokerage Phone: 562-412-7765 License #01877360 Listed on: 10/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,735
Year Built
- Built in 1955
Lot Details
- 0.77 Acre Lot
- Lot Dimensions are 369' x 91'
- Brick Fence
- Back and Front Yard
- Property is zoned ATA10000
Parking
- 2 Car Attached Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,378 Sq Ft Home
- 1-Story Property
- Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Cooling Available
- Natural Gas Connected
Additional Features
- Exterior Lighting
- Property is near public transit
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot Q
- Assessor Parcel Number 7039019010
- $833 per year additional tax assessments
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,735 | $976,627 | $828,655 | $147,972 |
| 2024 | $11,735 | $957,478 | $812,407 | $145,071 |
| 2023 | $11,355 | $938,705 | $796,478 | $142,227 |
| 2022 | $11,189 | $920,300 | $780,861 | $139,439 |
| 2021 | $10,938 | $902,255 | $765,550 | $136,705 |
| 2019 | $10,693 | $875,496 | $742,845 | $132,651 |
| 2018 | $9,769 | $858,330 | $728,280 | $130,050 |
| 2016 | $9,406 | $825,000 | $700,000 | $125,000 |
| 2015 | $1,371 | $78,897 | $44,244 | $34,653 |
| 2014 | $1,532 | $77,353 | $43,378 | $33,975 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | Price Changed | $2,990,000 | -9.4% | $2,170 / Sq Ft |
| 10/17/2025 10/17/25 | For Sale | $3,299,000 | -- | $2,394 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $825,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $507,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25241843
APN: 7039-019-010
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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