NOT LISTED FOR SALE

11865 187th St Artesia, CA 90701

12 Beds
9 Baths
9,116 Sq Ft
0.26 Acres

Last Sold May 20, 2020

Last sale price $2,248,000 $247 Per Sq Ft

37 Days on Market

Highlights

  • 0.26 Acre Lot
  • Traditional Architecture
  • Wood Frame Window
  • Elliott Elementary School Rated A
  • No HOA
  • Built-In Features

About This Home

As of May 2020

• All 2 Bedroom, 1.5 Bath, Two-story Condominiums with
Individual Utilities & Street Addresses
• Six (6) Parking Spaces
• Each Has Washer and Dryer Hook Ups
• Re-roofed w/ a 30-40 yr Architectural Shingle 12 Years ago
• 1980 construction, All Copper, No Lead Paint
• Each Unit Rehabbed
• All the AC / Heating Units Replaced Two Years Ago
• All Entry Doors Replaced Last Year Front and Rear
• Two End Units Have Gas Fireplaces
• Both Buildings Tented for Termites Last Year

Last Agent to Sell the Property

Charles Johnson, SIOR

Daum Commercial RE Services License #01817294 Listed on: 04/13/2020

Last Buyer's Agent

Charles Johnson, SIOR

Daum Commercial RE Services License #01817294 Listed on: 04/13/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 0.26 Acre Lot
  • 1 Common Wall
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Apartment
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 9,116 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Frame Window
  • Family Room
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Water Heater
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 3 / 3
  • Tax Tract Number 704021
  • Assessor Parcel Number 7040021001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Gardener Expense $1,320
  • Pest Control $756
  • Professional Management Expense $4,392
  • Trash Expense $2,316
  • New Taxes Expense $9,756
  • Operating Expense $21,180
  • Gross Income $10,920
  • Net Operating Income $9,155

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Parking

6

Listing Details

  • CapRate: 4.20
  • Other Phone Description: 562.233.0807
  • Other Phone Number: 562.884.9147
  • Professional Management Expense: 4392.00
  • Property Attached: Yes
  • Zoning: ATMR
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1320.00
  • Parcel Number: 7040021001
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Copper Plumbing Full
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 246.60
  • Room Type: Family Room, Kitchen, Laundry, Living Room
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Water Heater
  • Electric: 220 Volts
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup, Washer Included
  • Pest Control Expense: 756.00
  • Sewer: Public Sewer
  • Trash Expense: 2316.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11254.00
  • Lot Size Acres: 0.2584

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 10920.00
  • Gross Scheduled Income: 10920.00
  • Lot Size Area: 11254.0000 Square Feet
  • Net Operating Income: 9155.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 952.00
  • Rent Control: No
  • Total Expenses: 21180.00

Tax Info

  • New Taxes Expense: 9756.00
  • Tax Block: 3
  • Tax Census Tract: 5549.00
  • Tax Lot: 3
  • Tax Tract Number: 704021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $2,248,000 -12.6% $247 / Sq Ft
04/13/2020 04/13/20 For Sale $2,573,106 -- $282 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20072672

California Regional Multiple Listing Service (CRMLS)