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ActiveSingleFamilyResidence

12024 Rendova

Artesia, CA, 90701

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$1,200,000

MLS: PW26217153

Beds

—

Baths

—

Sq Ft

1,510

Lot

0.12 ac

Year Built

1952

MLS #

PW26217153

Days on Market

10

Listed

Oct 6, 2026

Description

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.

Location

Artesia, Los Angeles County, CA 90701

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Listed by: Neel Patel · Kalpesh Mistry, Broker

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$9,478

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$7,478
Property tax (1.25%)
$1,250
Homeowners insurance
$300
Mortgage insurance
$450
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Artesia home with as little as 3.5% down using an FHA loan — roughly $42,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Artesia, CA 90701 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.