$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
Open on Google Maps ↗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
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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