We are pleased to present this 5-unit apartment community located at 11811 167th St in Artesia. Delivered with 2 Units VACANT! This opportunity is priced at a 6.12% CAP and a 10.40 GRM on current rents, with potential upside to a 8.11% CAP and a 8.49 GRM on pro-forma rents. There are 2 separate buildings located on the property, situated on a large 10,813 sf lot offering ample onsite parking as well as the potential addition for ground up ADUs. The unit mix consists of 1 three-bedroom unit and 4 Studio units, all of which have been renovated. This opportunity offers easy freeway access as it is situated just north of the 91 freeway and in close proximity to the 605 freeway. Local retailers and restaurants include Walgreens, 99 Ranch Market, Ozen Sushi, Three Amigos Mexican, El Cortez Meat Market, Surawon Korean BBQ and 808 Local Hawaiian Grill.
Sold for $1,170,000
$1,170,000
11811 167th St, Artesia, CA 90701
3beds
5baths
2,600sqft
Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$450/sqft
$4,013 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,013/mo
Zestimate® history
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$7,397/mo
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Ample onsite parking
Zillow last checked:
Listing updated:
Listed by:
Casey Lins DRE # 01902650 714-333-6768,
Kidder Mathews of California, Inc. 858-369-3010
Bought with:
Jimmy Kim, DRE # 01992028
Circa Properties, Inc.
Source: CLAW,MLS#: 24-450373
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
Heating
- Wall
Cooling
- None
Interior area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Parking
- Total spaces: 10
- Parking features: Open
- Uncovered spaces: 10
Features
- Levels: One
- Stories: 1
Lot
- Size: 10,811 Square Feet
Details
- Additional structures: None
- Has additional parcels: Yes
- Parcel number: 7011006019
- Zoning: ATM1*
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1948
Community & HOA
Location
- Region: Artesia
Financial & listing details
- Price per square foot: $450/sqft
- Tax assessed value: $562,378
- Annual tax amount: $8,554
- Date on market: 10/8/2024
- Inclusions: APN: 7011-006-020
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2025 | Sold | $1,170,000+6.4%$450/sqft |
Source:  CLAW #24-450373 Report a problem | ||
| 2/6/2025 | Pending sale | $1,100,000$423/sqft |
Source: CLAW #24-450373 Report a problem | ||
| 1/16/2025 | Contingent | $1,100,000$423/sqft |
Source: CLAW #24-450373 Report a problem | ||
| 12/19/2024 | Listed for sale | $1,100,000$423/sqft |
Source: CLAW #24-450373 Report a problem | ||
| 11/23/2024 | Contingent | $1,100,000$423/sqft |
Source: CLAW #24-450373 Report a problem | ||
| 10/8/2024 | Listed for sale | $1,100,000$423/sqft |
Source: CLAW #24-450373 Report a problem | ||
| 5/16/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/15/2023 | Listed for rent | $2,888-16.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/1/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/18/2023 | Listed for rent | $3,465+54%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/20/2019 | Listing removed | $2,250$1/sqft |
Source: Go Section8 Report a problem | ||
| 11/19/2019 | Listed for rent | $2,250$1/sqft |
Source: Go Section8 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,554 +4.2% | $585,097 +2% |
| 2024 | $8,211 +3% | $573,625 +2% |
| 2023 | $7,974 +1.4% | $562,378 +2% |
| 2022 | $7,864 +2.2% | $551,352 +2% |
| 2021 | $7,697 +0.6% | $540,542 +1% |
| 2020 | $7,654 | $535,000 +170.1% |
| 2019 | $7,654 +114.1% | $198,044 +2% |
| 2018 | $3,574 | $194,162 +2% |
| 2017 | $3,574 +3% | $190,356 +2% |
| 2016 | $3,470 +2.2% | $186,625 +1.5% |
| 2015 | $3,394 +1.9% | $183,823 +2% |
| 2014 | $3,330 | $180,223 +4.5% |
| 2011 | -- | $172,445 +0.5% |
| 2009 | -- | $171,565 +2% |
| 2008 | -- | $168,202 +2% |
| 2007 | -- | $164,904 +2% |
| 2006 | -- | $161,671 |
| 2005 | -- | $161,671 +4% |
| 2004 | -- | $155,395 +3.9% |
| 2002 | -- | $149,558 +4% |
| 2000 | -- | $143,753 |
Find assessor info on the county website
Neighborhood: 90701
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Nearby schools
GreatSchools rating
- 5/10Niemes (John H.) Elementary SchoolGrades: K-6Distance: 0.3 mi
- 6/10Ross (Faye) Middle SchoolGrades: 7-8Distance: 0.6 mi
- 8/10Gahr (Richard) High SchoolGrades: 9-12Distance: 0.9 mi
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- California
- Los Angeles County
- Artesia
- 90701
- 11811 167th St
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