12024 Rendova , Artesia, CA 90701
$1,250,000
Est. Payment: $6,782.47/mo
4 Bed
2 Bath
0 Sqft
Status: ACTIVE | Days on site: 17
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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 todays 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 Boulevards famed Little India corridor, close

Highlights

Listed by Neel Patel , 562-547-6170 Kalpesh Mistry, Broker , 909-636-6739. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.12

County

Los Angeles

Listing ID

PW26173455

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:
Air Cond:Other/Remarks
Fireplaces:

Exterior Features

Zoning:Public Rec
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.

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Data last updated: 2026-09-25T18:05:38.000Z

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