11543 186th ST Artesia, CA 90701

11543 186th Street is a value add 6-unit multifamily investment opportunity plus vacant land, located in the highly desirable rental market of Artesia. The building has an excellent unit mix of (1) three-bedroom, two bathroom unit, (2) two-bedroom, one bathroom units and (3) one-bedroom, one bathroom units. The property has a total of 4,507 rentable square feet with a lot size of 9,636 square feet. 4 of the 6 units will be delivered vacant at the close of escrow. The offering includes an adjacent 11,735 square foot vacant parcel zoned MR (Multiple Residential) which will allow for 4-6 units. Both lots combined total 21,371 square feet of prime Artesia multiple residential land. Within walking distance to the property is the Los Cerritos Center which offers premium stores, dining and entertainment. The property has been in the same family over 50 years and is an outstanding investment opportunity because of its great location, substantial amount of rental upside and development potential. Buyer to verify with city and assumes all responsibility.