12303 Academy Way Artesia, CA 90701
5
Beds
3
Baths
2,172
Sq Ft
8,564
Sq Ft Lot
Highlights
- No HOA
- Workshop
- Laundry Room
- Nixon Academy Rated A
- Living Room
- Wrought Iron Fence
About This Home
As of March 2025EXCELLENT INVESTMENT PROPERTY OR PERFECT MULTIFAMILY RESIDENTIAL HOUSING UNITS. DON'T MISS THIS UNIQUE OPPORTUNITY!
Two residential homes on two separate lots are to be sold together. Both homes are currently owner occupied along with a smaller ADU in between the properties, multiple storage units, a carport, and plenty of parking and extra space in the back along with a private spa. The main home is approximately 1236 SQFT. 3 BD. 2BA. with brand new water heater. The other home is 936 SQFT. 2 BD. 1 BA. Securely fenced with wrought iron gates and security doors. Brand new roofing on both homes. Conveniently located near Cerritos Mall, several major business centers & shops, restaurants, schools, and parks along with convenient freeway access. Property to be sold in as-is condition. Subject to cancellation of prior escrow.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,999
Year Built
- Built in 1960
Lot Details
- 8,564 Sq Ft Lot
- Wrought Iron Fence
- Front Yard
- Density is up to 1 Unit/Acre
- 7054009038
- Property is zoned ATR16000*
Home Design
- Additions or Alterations
- Cosmetic Repairs Needed
- Fixer Upper
- Composition Roof
Interior Spaces
- 2,172 Sq Ft Home
- 1-Story Property
- Living Room
- Workshop
Kitchen
- Gas Oven
- Gas Range
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 2 Open Parking Spaces
- 4 Parking Spaces
- 2 Carport Spaces
Utilities
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tax Lot 233
- Tax Tract Number 3894
- Assessor Parcel Number 7054009037
- $498 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2025
Closed on
Mar 18, 2025
Sold by
Revivi Llc
Bought by
Morataya Milton J
Seller's Agent
Christopher Cervantez
eHomes
Buyer's Agent
Lisbeth Black
Cali Property, Inc.
List Price
$759,000
Sold Price
$735,000
Premium/Discount to List
-$24,000
-3.16%
Total Days on Market
11
Views
4979
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Original Mortgage
$588,000
Outstanding Balance
$588,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$162,694
Purchase Details
Listed on
Sep 2, 2023
Closed on
Aug 23, 2023
Sold by
Jean C Sorgdrager Revocable Living Trust
Bought by
Revivi Llc
Seller's Agent
Diana Caldwell
Caldwell Realty
Buyer's Agent
Chun Wei Cheng
Chun Cheng,Broker
List Price
$1,290,000
Sold Price
$1,140,000
Premium/Discount to List
-$150,000
-11.63%
Views
88
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.27%
Map
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $735,000 | Ticor Title | |
| Grant Deed | $1,140,000 | Fidelity National Title | |
| Grant Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $588,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2025 03/25/25 | Sold | $735,000 | -1.9% | $785 / Sq Ft |
| 02/13/2025 02/13/25 | Pending | -- | -- | -- |
| 01/21/2025 01/21/25 | Price Changed | $749,000 | -1.3% | $800 / Sq Ft |
| 01/08/2025 01/08/25 | For Sale | $759,000 | -33.4% | $811 / Sq Ft |
| 10/18/2023 10/18/23 | Sold | $1,140,000 | -11.6% | $525 / Sq Ft |
| 09/02/2023 09/02/23 | For Sale | $1,290,000 | -- | $594 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2024 | $6,999 | $570,000 | $450,000 | $120,000 |
| 2023 | $964 | $47,769 | $18,581 | $29,188 |
| 2022 | $947 | $46,833 | $18,217 | $28,616 |
| 2021 | $925 | $45,915 | $17,860 | $28,055 |
| 2019 | $904 | $44,555 | $17,331 | $27,224 |
| 2018 | $813 | $43,683 | $16,992 | $26,691 |
| 2016 | $768 | $41,988 | $16,333 | $25,655 |
| 2015 | $873 | $41,358 | $16,088 | $25,270 |
| 2014 | $1,029 | $40,548 | $15,773 | $24,775 |
Source: Public Records
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23163533
APN: 7054-009-038
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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