Ignite FB Tracking Pixel18430 Arline Avenue, Artesia, CA 90701 - Marlene Raab
Keller Williams Pacific Estate
Marlene Raab, Keller Williams Pacific EstatePhone: (562) 965-7882
Email: [email protected]
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listing
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Residential IncomeFor Sale
$4,175,000
18430 Arline Avenue
Artesia, CA 90701
Listed by Carlos Marin DRE#01158449 [email protected] Century 21 Allstars
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$21,651/mo

GREAT VALUE-ADD INVESTMENT OPPORTUNITY with most of the current rents under the market rate, with approximately 25% upside on rents. Great opportunity to acquire the Nest Community Apartments, a well maintained and upgraded 12 unit multifamily investment property, located on a highly desirable premier rental market, close to Orange County. Primarily residential street in Artesia/Cerritos. ABC Unified School District, a prestigious school district that ranks among the top 5 percent in California. It's located just blocks away from the International Culture District, also known as "Little India", which offers premium stores, restaurants and entertainment. Close to Cerritos Mall, the I-5, 91 and 605 Freeways. Built in 1970 it features a nice unit mix of (8) 2 bedrooms with central air and heat, and (4) one Bedrooms, separate meters for Gas and Electricity. Gated and covered parking with on-site laundry. Building area 10,524 Square feet and 14,809 Square feet lot. Fully tenant occupied.

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Information courtesy of Century 21 Allstars is subject to verification and is not guaranteed.
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