Description

11500 - 11506 186th Street is a 12-unit multifamily investment property located in Artesia, a premier rental market in Los Angeles County, California. Built in 2014, the property offers an attractive unit mix consisting of 6, two-bedroom townhomes and 6, three-bedroom townhomes all of which feature a den. The property features a well-maintained exterior and offers highly desirable amenities including central A/C, private sundecks, direct-access garage parking, open parking, and in-unit laundry hookups. 11500 - 11506 186th Street is ideally located within walking distance of Los Cerritos Center, a super-regional mall that provides residents with convenient access to a plethora of shopping, dining, and entertainment options. The property also benefits from its inclusion in the ABC Unified School District, a prestigious school district that ranks highly nationally and holds an A+ grade from Niche.com. Additionally, 11500 - 11506 186th Street is located just blocks away from an International Cultural District, also known as “Little India,” which offers over 120 unique retailers and restaurants. Furthermore, the property is within half-a-mile of Interstate 605 and one mile of State Route 91, providing residents with convenient access to employment hubs throughout Los Angeles and Orange Counties. 11500 - 11506 186th Street is an outstanding opportunity for investors seeking newer construction in a vibrant Los Angeles County neighborhood. The property’s attractive exterior, premium amenities, and strong unit mix will be key drivers in the continued growth and success of the property.