Listed by Neel Patel•DRE #02145369• Kalpesh Mistry, Broker
Contact: patelneel393@hotmail.com
For sale
$1,200,000
Est. $8,275/mo —
4
bd
•
2 ba
•
1,510
sq ft
12024 Rendova, Artesia, CA 90701
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About this home
Two homes. One lot. $5,600 a month coming in from day one. Freshly priced and ready for a serious buyer, this Artesia income property delivers what investors spend months searching for: two fully detached homes, strong leases already in place, and room to grow. Up front is a classic 2 bedroom, 1 bath single family home with a private yard and a long driveway that parks several cars. It's ready for a little TLC, yet it already rents at full market rate, so every update you make goes straight to equity. Out back is the one buyers remember: a brand new 2 bedroom, 1 bath factory built home completed in 2025, set on a permanent foundation and built to current code. Open concept living, quartz counters, luxury vinyl plank floors, dual pane windows, and ductless heating and cooling. Nothing to fix and nothing to wait on. A detached 2 car garage offers covered parking and storage today, plus potential for a future ADU conversion that could add a third income unit (buyer to verify with the City of Artesia). One more door can change the whole return. A detached 2 car garage offers covered parking and storage today, plus potential for a future ADU conversion that could add a third income unit (buyer to verify with the City of Artesia). One more door can change the whole return.
Southeast La, located between the San Gabriel River and the I-710 corridor, is a residential and industrial Downey neighborhood with wide arterial boulevards and pocket parks. The neighborhood’s character concentrates around the Firestone Blvd and Lakewood Blvd crossroads, where taquerias, bakeries, and small storefronts line the sidewalks under steady traffic. Mid-century ranch homes and low-slung apartment courts sit behind mature street trees, while warehouse blocks and auto-oriented retail shape the edges. The Rio Hondo and river-channel paths add a linear, open-sky backdrop for walks and bike rides. Community rituals often orbit local staples like Porto’s Bakery & Cafe, the Downey Theatre, and the Columbia Memorial Space Center. The pace feels practical and grounded, with daily life organized around boulevards, schools, and civic spaces.
Provided by Walk Score and Local Logic
Market insights
12024 Rendova · $1,200,000
DAYS ON MARKET
1 days
The average home goes pending in 45 days.
SALE-TO-LIST
99.9%
Most homes are selling 0% below list price.
LIST PRICE
$1,200,000
Median sale price in this area is $1,016,665. (15% lower than this home)
PRICE DROP
0 price drops
17% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Interior features
Quartz counters
Ceiling fan
Recessed lighting
Formal entry
Living room
Laundry room
Primary bathroom
One-level entry (ground)
Bedrooms
Unit(s) include 2-bedroom layouts
Bathrooms
Units have full bathrooms
Kitchen
6 burner stove
Gas oven
Microwave
Refrigerator
Dishwasher
Water heater unit
Laundry & utility
Washer included
Dryer included
Flooring
Vinyl
Heating & cooling
Central furnace
Cooling (see remarks)
Exterior features
No pool
2-5 units per acre
Has view
Street lighting
Sidewalks
Park nearby
Access via city streets
Home design
One story
No common walls
Property includes 1 ADU
Two buildings
Ground-level entry
Parking
Off-street parking
Driveway
See remarks regarding parking
One garage space for one unit
Construction
Year built per public records
Parcel number 7033015020
Total building area 1,510
Utilities
220V electrical throughout
Public sewer
Water: District/Public (see remarks)
Separate gas meters for units (2)
Separate electric meters for units (2)
One separate water meter
Financial info
Property has 2 total units
Both units currently leased
Actual rent per unit $2,800
Total actual rent $5,600
Gross scheduled income $67,200
Gross income $67,200
Net operating income $67,200
Total expenses $8,400
Insurance expense $4,800
Electric expense $1,200
Water/sewer expense $1,800
Trash expense $600
Some units partially furnished
Two units each include dishwasher and refrigerator
Two units include disposal
One unit has carpet
Other
Tenant pays insurance, gas, electricity, and all utilities
Electricity and solar
View estimated energy costs and solar savings for this home
Now Active! This newly updated and freshly painted single story home is situated in a lovely residential neighborhood with beautifully matured trees and close proximity to everything you need. Enjoy air-conditioning from a modern mini-split system and the large and well-manicured front yard lawn and huge back yard, and take advantage of the ample parking allowed by the property's gated two-car garage, carport, and extended two-car driveway. Near prized ABC schools, shops, cafes, bakeries, Cerritos Towne Center, and the 605 and 91 freeways, this home offers full and vibrant Southern California living. * Photos with furniture have been virtually staged.
Public Records
May 21, 1971
Sold
$16,500
$11/sq ft
Public Records
Aug 2, 1966
Sold
$13,000
$9/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,096 (+724.7%)
$548,964 + $108,936
$657,900
2024
$982 (+2.1%)
$548,964 + $108,936
$657,900
2023
$962 (+1.7%)
$22,558 + $22,606
$45,164
2022
$945 (+2.2%)
$22,116 + $22,163
$44,279
2021
$925 (+0.8%)
$21,683 + $21,729
$43,412
2020
$918 (+1.3%)
$21,258 + $21,303
$42,561
2019
$906 (+23.0%)
$21,041 + $21,085
$42,126
2018
$736 (+2.2%)
$20,629 + $20,672
$41,301
2017
$720 (+3.4%)
$19,829 + $16,243
$36,072
2016
$697 (−13.1%)
$19,829 + $16,243
$36,072
2015
$802 (−16.5%)
$19,441 + $15,925
$35,366
2014
$960 (+4.0%)
$18,774 + $15,379
$34,153
2012
$923 (+1.9%)
$18,690 + $15,310
$34,000
2011
$906 (+2.5%)
$18,324 + $15,010
$33,334
2010
$884 (+2.0%)
$17,965 + $14,716
$32,681
2009
$866 (+5.9%)
$17,831 + $14,607
$32,438
2008
$818
$17,874 + $14,642
$32,516
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
5,070 Sq. Ft.
Year renovated
1957
Finished Sq. Ft.
752
Unfinished Sq. Ft.
—
Total Sq. Ft.
752
Year built
1952
Style
Single Family Residential
County
Los Angeles County
APN
7033015020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 22, 2026.
R-1
Single-Family Residential Zone
The Single-Family Residential Zone is established to provide for residential areas to be developed exclusively for one family dwellings. Additional uses necessary and incidental to single-family development shall also be permitted.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Single unit
Climate risks
4/10 Flood Factor
Estimated 11-17% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 90° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Artesia, CA • 90701
Average low and high temperatures (°F)
71
47
71
50
74
53
72
55
75
59
78
62
82
65
85
66
83
66
79
58
72
51
70
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
77/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Artesia. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 12024 Rendova
$1,190,329
$9,671 under list price of $1.20M
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $646K to $1.2M.