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For sale
  • Listed by: Kalpesh Mistry, Broker • Neel Patel • Contact: patelneel393@hotmail.com
    $1,350,000

    12024 Rendova St, Artesia, CA 90701

    4beds
    2baths
    1,510sqft
    : 
    $9,146/mo
    Get pre-qualified
    Multi Family
    Built in 1952
    -- sqft lot
    $1,304,700 Zestimate®
    $894/sqft
    $-- HOA

    What's special

    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 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]. 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 School District, minutes from the aromatic restaurants and shops of 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 execute the classic play: 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, full detachment, value add upside, and this school district. Packages like this don’t sit.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Neel Patel DRE #02145369 patelneel393@hotmail.com,

    Kalpesh Mistry, Broker

    Source: CRMLS,MLS#: PW26173455MLS LogoOriginating 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: $894/sqft
      • Tax assessed value: $657,900
      • Annual tax amount: $8,096
      • Date on market: 8/8/2026
      • Listing terms: Cash,Conventional,1031 Exchange,FHA
      • Total actual rent: 5600
      • Tenant pays: All Utilities, Electricity, Gas, Insurance

        Estimated market value

        $1,304,700

        $1.24M - $1.37M

        $2,736/mo

        Price history

        DateEventPrice
        8/9/2026Listed for sale$1,350,000+109.3%$894/sqft
        Source: CRMLS #PW26173455 Report a problem
        1/23/2024Sold$645,000+0.8%$427/sqft
        Source: CRMLS #PW23189676 Report a problem
        12/23/2023Contingent$639,800$424/sqft
        Source: CRMLS #PW23189676 Report a problem
        12/22/2023Listed for sale$639,800$424/sqft
        Source: CRMLS #PW23189676 Report a problem
        11/7/2023Contingent$639,800$424/sqft
        Source: CRMLS #PW23189676 Report a problem
        11/1/2023Listed for sale$639,800$424/sqft
        Source: CRMLS #PW23189676 Report a problem
        10/26/2023Contingent$639,800$424/sqft
        Source: CRMLS #PW23189676 Report a problem
        10/21/2023Listed for sale$639,800$424/sqft
        Source: CRMLS #PW23189676 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 90701

        Getting around

        73 / 100
        Very Walkable
        31 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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