12024 Rendova , Artesia, CA 90701
$1,250,000
Est. Payment: $6,782.47/mo
4 Bed
2 Bath
1510 Sqft
Status: Active | Days on site: 16
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House Description

Two homes, one lot, income from day one. A rare Artesia offering that checks the boxes investors search for and seldom find. The front residence is a charming 2 bedroom, 1 bath single family home with classic character and [a private yard and long driveway with room for multiple vehicles]. It could use a touch of TLC, yet it already commands full market rent, meaning every cosmetic improvement a new owner makes is pure value add. Tucked behind it sits the showpiece: a brand new 2 bedroom, 1 bath factory built (prefab) home completed in 2025 and set on a permanent foundation, built to today’s codes with modern finishes throughout, including [open concept living, quartz counters, luxury vinyl plank flooring, energy efficient dual pane windows, and ductless heating and cooling]. The property also includes a detached 2 car garage, offering covered parking, storage, or the potential for a future ADU conversion to add a third income unit (buyer to verify with the City of Artesia). In a market where every additional door changes the math, that flexibility is worth real money. Both homes are fully detached with no shared walls, giving each household true privacy, a feature tenants pay for and stay for. Each unit is separately metered for gas and electricity, and both are currently leased at $2,800 per month for $5,600 in monthly income ($67,200 annually). Sale is subject to existing leases. That is performance today with headroom tomorrow. The location does the rest: within the acclaimed ABC Unified School District, minutes from Pioneer Boulevard’s famed Little India corridor, close to Artesia Park, Cerritos Towne Center, and Los Cerritos Center, with the 91 and 605 freeways nearby. The kind of address that keeps vacancy rare and rents resilient. Run the numbers, then run the scenarios. Live in one and let the other produce. Hold both doors for steady cash flow. Or collect rent now, polish the front home later, and own two performing units in one of Southeast LA County’s most reliable rental pockets. New construction, dual income, ADU upside, and this school district. Packages like this don’t sit.

Highlights

Listed by Neel Patel , 562 547-6170 Kalpesh Mistry, Broker , 909-636-6739. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1952

County

Los Angeles

Area

RC - Artesia

Listing ID

PW26173455

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:
Appliances:6 Burner Stove, Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater, Dryer, Washer
Air Cond:See Remarks
Fireplaces:
Floor:Vinyl
Other:
  • ▪ Additional:Ceiling Fan(s), Quartz Counters, Recessed Lighting
Water:Public,See Remarks

Exterior Features

Lot:2-5 Units/Acre,No Land Lease
Garage Capacity:0
Others:
  • ▪ Additional:2+ Total Units, Has ADU
Sewer:Public Sewer
Parking Features:Driveway,Off Street,See Remarks
Principal Interest
$6,782
Taxes
$797

Home Price

$1,250,000

Loan Details

30 yrs
7.192%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,782.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,782.47 $796.88 $0.00 $7,579.34
Yearly $81,389.61 $9,562.50 $0.00 $90,952.11
Total $2,441,688.23 $286,875.00 $0.00 $2,728,563.23

Today's Rates

30 Year

7.19%

20 Year

6.73%

15 Year

6.48%

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Market insight data is pulled from the same city as the listing being viewed (Artesia, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-25T17:04:55.000Z

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