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Marcus "Kiwi" Gualter

kiwi@teamkiwi.com +1(949) 751-9600

$ 2,990,000

Est. payment -/mo

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Price Dropped by $309K

11540 187th ST Artesia, CA 90701

3 Beds

2 Baths

1,378 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,378 sqft

Price per Sqft $2,169

MLS Listing ID DW25241843

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1955

Lot Size 0.773 Acres

Lot Dimensions Public Records

Property Sub-Type Single Family Residence

Property Description

An incredible chance to develop four luxury homes with approved plans and ready-to-pull permits in a sought-after neighborhood on the Artesia/Cerritos border. The property currently includes a 3-bedroom, 2-bath home with demolition and grading permits already secured, and all groundwork completed—saving time and effort. The flat, build-ready lot spans 33,671 sq ft (0.77 acres) and comes with approved architectural plans for four modern homes. Each residence features 4–6 bedrooms, 4.5 bathrooms, approximately 3,200–4,200 sq ft of living space, open-concept layouts, loft and office spaces, and a main-floor ADA-accessible suite perfect for multi-generational living. Conveniently located near top-rated ABC Unified schools, freeways (91 & 605), shopping, and dining, this area boasts strong demand, limited new construction, and high resale values. It's a prime opportunity for builders and investors looking for a boutique luxury project with excellent ROI potential.

Location

State CA

County Los Angeles

Area Rc - Artesia

Zoning ATA10000

Rooms

Main Level Bedrooms 3

Interior

Interior Features All Bedrooms Down

Cooling See Remarks

Fireplaces Type See Remarks

Fireplace Yes

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Fence Brick

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Front Yard, Near Public Transit

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Abc Unified

Others

Senior Community No

Tax ID 7039019010

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

Listed by Vipul Modha Modha Realty, Inc 562-412-7765

Marcus "Kiwi" Gualter

Broker Associate | License ID: 01079157

+1(949) 751-9600

Marcus "Kiwi" Gualter

11540 187th ST Artesia, CA 90701

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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11540 187th ST