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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 8,995,000

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11500 11506 186th ST Artesia, CA 90701

0.51 Acres Lot

UPDATED:

01/14/2025 12:51 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25007319

HOA Y/N No

Year Built 2014

Lot Size 0.510 Acres

Property Description

11500 - 11506 186th Street is a 12-unit multifamily investment property located in Artesia, a premier rental market in Los Angeles County, California. Built in 2014, the property offers an attractive unit mix consisting of 6, two-bedroom townhomes and 6, three-bedroom townhomes all of which feature a den. The property features a well-maintained exterior and offers highly desirable amenities including central A/C, private sundecks, direct-access garage parking, open parking, and in-unit laundry hookups. 11500 - 11506 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 highly nationally and holds an A+ grade from Niche.com. Additionally, 11500 - 11506 186th Street is located just blocks away from an International Cultural District, also known as “Little India,” which offers over 120 unique retailers and restaurants. Furthermore, the property is within half-a-mile of Interstate 605 and one mile of State Route 91, providing residents with convenient access to employment hubs throughout Los Angeles and Orange Counties. 11500 - 11506 186th Street is an outstanding opportunity for investors seeking newer construction in a vibrant Los Angeles County neighborhood. The property's attractive exterior, premium amenities, and strong unit mix will be key drivers in the continued growth and success of the property.

Location

State CA

County Los Angeles

Area Rc - Artesia

Zoning ATA10000*

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 27.0

Garage Description 27.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 30

Private Pool No

Building

Lot Description Street Level

Story 3

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7039009071

Energy Description 2205.0

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Tyler Leeson • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

11500 11506 186th ST Artesia, CA 90701

Key Details

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11500 11506 186th ST