Artesia, CA 90701,11562 186th ST
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Artesia, CA 90701,11562 186th ST
Artesia, CA 90701,11562 186th ST

$10,975,000

Est. payment /mo

$10,975,000

Est.Price: ?

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11562 186th ST Artesia, CA 90701

1.07 Acres Lot

SOLD DATE : 06/03/2022

Key Details

Sold Price $10,975,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC22030443

Sold Date 06/03/22

HOA Y/N No

Year Built 1973

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.

Location

State CA

County Los Angeles

Area Rc - Artesia

Zoning ATMRV1600*

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 29

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 49

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7039009069

Energy Description 7625.0

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tyler Leeson • Marcus & Millichap RE Invest
Bought with Tyler Leeson • Marcus & Millichap RE Invest

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

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