11919 169th Street, Artesia, California 90701, Artesia, 90701 - 2 bed, 1 bath

11919 169th Street, Artesia, California 90701 home-pic-0
ACTIVE$498,999
11919 169th Street, Artesia, California 90701
2Beds
1Bath
576Sqft
2,661Lot
Year Built
1955
Close
-
List price
$499K
Original List price
$535K
Price/Sqft
$866
HOA
-
Days on market
-
Sold On
-
MLS number
PW24156879
Home ConditionPoor
Features
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 35% below the list price. We found 3 Cons,6 Pros. Rank: price - $499.0K(14th), sqft - 576(5th), beds - 2(32th), baths - 1(27th).

Great opportunity to buy this Cozy two-bedroom, one-bathroom property in a well established neighborhood. This Property has lot's of Potential, and to be sold in its 'AS IS' condition and tenant occupied. It's perfect for a first time home buyer(s) or as an investment property. It's in a great location, near the 91 and 605 freeways.

Nearby schools

5/10
Juarez (Benito) Elementary School
Public,K-60.2mi
4/10
Niemes (John H.) Elementary School
Public,K-60.4mi
7/10
John F. Kennedy Elementary School
Public,K-60.6mi
5/10
Burbank (Luther) Elementary School
Public,K-60.8mi
8/10
Elliott (William F) Elementary School
Public,K-61.0mi
8/10
Wittmann (Helen) Elementary School
Public,K-61.2mi
8/10
Carver (Charles J.) Elementary School
Public,K-61.6mi
8/10
Bragg Elementary School
Public,K-61.7mi
8/10
Nixon (Patricia) Elementary School
Public,K-61.7mi
6/10
Ross (Faye) Middle School
Public,7-80.5mi
6/10
Haskell (Pliny Fisk) Middle School
Public,7-82.2mi
7/10
Tetzlaff (Martin B.) Middle School
Public,7-82.3mi
8/10
Gahr (Richard) High School
Public,9-121.1mi
10/10
Cerritos High School
Public,9-121.2mi
Condition Rating
Poor

Built in 1955 and sold 'AS IS,' this property is severely outdated and requires substantial rehabilitation. The kitchen features original or very old white appliances, dated wood cabinets, worn laminate countertops, and old linoleum flooring, along with an outdated fluorescent light fixture. The bathroom also shows significant age with an old vanity, fixtures, and possibly original tile. Carpets throughout appear worn, and the overall aesthetic is from decades past. While livable, it needs major updates to all key systems and finishes to meet current standards.
Pros & Cons

Pros

Great Schools: High School: Cerritos High School (10/10).
Strategic Location: The property boasts a great location in a well-established neighborhood with convenient access to major freeways (91 and 605), enhancing its appeal for commuters and local amenities.
Investment Potential: Explicitly marketed as an investment property and currently tenant-occupied, offering immediate rental income potential for investors.
Desirable School District: Located within the highly-regarded ABC Unified School District, which includes several well-rated schools, a significant draw for families.
Price Adjustment: The listing price has been reduced from its original amount, potentially offering a more attractive entry point for buyers.
Neighborhood View: The property offers a pleasant neighborhood view, contributing to its overall residential appeal.

Cons

As-Is Condition: The property is being sold in 'AS IS' condition, indicating that buyers should anticipate potential needs for repairs, renovations, or upgrades, which will incur additional costs.
Tenant Occupied: While beneficial for investors, the tenant-occupied status can complicate the buying process for owner-occupants due to potential challenges with tenant relations or delayed possession.
Significant Overpricing: The current listing price is substantially higher (35% above) than the estimated property value, which may deter potential buyers and lead to extended market time.

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