Property Detail

12024 Rendova

Artesia CA 90701

$1,350,000

Status: Active

Property Details

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 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.

Map Location

Listing provided courtesy of Neel Patel of Kalpesh Mistry, Broker. Last updated 2026-08-18 08:10:59.000000. Listing information © 2025 CRMLS.

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Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

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"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

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