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.
For sale
Listed by: Kalpesh Mistry, Broker • Neel Patel • Contact: patelneel393@hotmail.com
Price cut: $100K (8/24)
$1,250,000
12024 Rendova St, Artesia, CA 90701
4beds
2baths
1,510sqft
Multi Family
Built in 1952
-- sqft lot
$1,221,900 Zestimate®
$828/sqft
$-- HOA
What's special
- 29 days
- 548
- 25
Zillow last checked:
Listing updated:
Listed by:
Neel Patel DRE #02145369 patelneel393@hotmail.com,
Kalpesh Mistry, Broker
Source: CRMLS,MLS#: PW26173455
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Rooms
- Room types: Entry/Foyer, Kitchen, Laundry, Living Room, Primary Bathroom
Heating
- Central
Cooling
- See Remarks
Appliances
- Included: 6 Burner Stove, Dishwasher, Gas Oven, Microwave, Refrigerator, Water Heater, Dryer, Washer
Features
- Ceiling Fan(s), Quartz Counters, Recessed Lighting
- Flooring: Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,510
- Total interior livable area: 1,510 sqft
Property
Parking
- Parking features: Driveway, Off Street, See Remarks
Accessibility
- Accessibility features: See Remarks
Features
- Levels: One
- Stories: 1
- Entry location: Ground
- Pool features: None
- Spa features: None
- Has view: Yes
Lot
- Size: 5,070 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 7033015020
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public, See Remarks
- Utilities for property: See Remarks
Community & HOA
Community
- Features: Park, Street Lights, Sidewalks
Location
- Region: Artesia
Financial & listing details
- Price per square foot: $828/sqft
- Tax assessed value: $671,057
- Date on market: 8/8/2026
- Cumulative days on market: 29 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA
- Total actual rent: 5600
- Tenant pays: All Utilities, Electricity, Gas, Insurance
Estimated market value
$1,221,900
$1.16M - $1.28M
$2,263/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $1,250,000-7.4%$828/sqft |
Source: | ||
| 8/9/2026 | Listed for sale | $1,350,000+109.3%$894/sqft |
Source: | ||
| 1/23/2024 | Sold | $645,000+0.8%$427/sqft |
Source: | ||
| 12/23/2023 | Contingent | $639,800$424/sqft |
Source: | ||
| 12/22/2023 | Listed for sale | $639,800$424/sqft |
Source: | ||
| 11/7/2023 | Contingent | $639,800$424/sqft |
Source: | ||
| 11/1/2023 | Listed for sale | $639,800$424/sqft |
Source: | ||
| 10/26/2023 | Contingent | $639,800$424/sqft |
Source: | ||
| 10/21/2023 | Listed for sale | $639,800$424/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $671,057 +2% |
| 2025 | $8,096 +724.7% | $657,900 +1356.7% |
| 2024 | $982 +2.1% | $45,164 +2% |
| 2023 | $962 +1.7% | $44,279 +2% |
| 2022 | $945 +2.2% | $43,412 +2% |
| 2021 | $925 +0.8% | $42,561 +1% |
| 2020 | $918 | $42,126 +2% |
| 2019 | $918 +18.2% | $41,301 +12.3% |
| 2018 | $776 +5.4% | $36,792 +2% |
| 2017 | $736 +2.2% | $36,072 +2% |
| 2016 | $720 +3.3% | $35,366 +1.5% |
| 2015 | $697 -27.4% | $34,835 +2% |
| 2014 | $961 | $34,153 +2.5% |
| 2012 | -- | $33,334 +2% |
| 2011 | -- | $32,681 +0.7% |
| 2010 | -- | $32,438 -0.2% |
| 2009 | -- | $32,516 +2% |
| 2008 | -- | $31,879 +2% |
| 2007 | -- | $31,255 +2% |
| 2006 | -- | $30,644 |
| 2005 | -- | $30,644 +4% |
| 2004 | -- | $29,456 +1.9% |
| 2003 | -- | $28,917 +2% |
| 2002 | -- | $28,351 +4% |
| 2000 | -- | $27,252 |
Find assessor info on the county website
Monthly payment
Est. payment
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Neighborhood: 90701
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