$800,000
Beach Equities is pleased to present 18022–24 Jersey Ave, a well-located duplex in Artesia offering a clean, straightforward value-add opportunity with immediate upside. Delivered fully vacant, this property allows a new owner to reposition, lease, or occupy without the constraints of existing tenancy. The property consists of two 2-bedroom, 1-bath units totaling approximately 1,800 square feet of living space. The unit mix is highly desirable for both rental and owner-user demand, and the separate configurations provide flexibility for a variety of investment strategies. As with many opportunities of this nature, the property is not turnkey and will benefit from renovation. However, this creates a clear path to increased rental income and long-term appreciation. Investors seeking to avoid the pricing pressures of stabilized assets will recognize the advantage in acquiring a property where value can be created rather than simply maintained. What further distinguishes this offering is the ability to acquire it alongside the adjacent duplex at 18016–18 Jersey Ave. Together, the two parcels total over 14,000 square feet of land with four units, presenting a rare side-by-side ownership opportunity ideal for investors, owner-users, or those exploring future development potential. Situated in a central Artesia location with strong rental demand and accessibility to major thoroughfares, 18022–24 Jersey Ave offers a balanced combination of location, flexibility, and upside.
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Listed by Paige Charnick with Beach Equities (562) 597-8413
Property Type
Duplex
Status
Active
MLS Number
PW26070608
Year Built
1956
Lot Size
6,896 sq ft