Exceptional opportunity to develop four luxury homes with approved plans and ready-to-pull permits in a highly desirable neighborhood on the Artesia/Cerritos border. The existing property features a 3-bedroom, 2-bath home with demolition and grading permits already pulled—all groundwork is complete, saving valuable time and effort. The flat and build-ready lot spans 33,671 sq ft (0.77 acres) and includes approved architectural plans for four modern residences, each offering: 4–6 bedrooms and 4.5 bathrooms, Approximately 3,200–4,200 sq ft of living space, Open-concept layouts, loft and home office spaces, and a main-floor ADA-accessible suite ideal for multi-generational living, High-end finishes, custom cabinetry, energy-efficient features, and private balconies. Located near top-rated ABC Unified schools, with easy access to freeways (91 & 605), shopping, and dining. This area has strong demand, limited new construction, and high resale values, making it a perfect opportunity for builders and investors seeking a boutique luxury project with excellent ROI potential.
For sale
Listing Provided by:
Vipul Modha DRE #01877360 562-412-7765,
Modha Realty, Inc
$3,299,000
11540 187th St, Artesia, CA 90701
3beds
1,378sqft
Est.:
Single Family Residence
Built in 1955
0.77 Acres Lot
$3,302,300 Zestimate®
$2,394/sqft
$-- HOA
What's special
Private balconiesMain-floor ada-accessible suiteCustom cabinetryFlat and build-ready lotOpen-concept layoutsHigh-end finishesEnergy-efficient features
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