12024 Rendova Artesia, CA 90701
Listing Courtesy of: MLS LogoSan Diego, CA MLS / Listed By: Kalpesh Mistry, Broker

  12024 Rendova Artesia, CA 90701

Active (4 Days)
$1,350,000 (USD)

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. Refresh it on your timeline, raise the ceiling on future rents, and force appreciation the way seasoned investors love to. 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]. Factory construction means precision building, tight quality control, and the efficiency of an all new home with decades of life ahead. While the front home ages like a classic, the back one is just getting started. 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, keeping expense tracking simple, 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 of the work: within the acclaimed ABC Unified

MLS #:
PW26173455
Lot Size
5,070 SQFT
Type
Multifamily
County
Los Angeles County

Listed By

Neel Patel, Kalpesh Mistry, Broker
Source
San Diego, CA MLS
Last checked Aug 11 2026 at 4:31 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Other/Remarks
Stories
  • 1 Story
Location
   
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