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Artesia, CA High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Artesia, California Market population: 17K. Explore income-producing properties with verified cap rates and operating...

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πŸ“Š Average Cap Rate For Artesia CA Properties: 6.68%

⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

πŸ“Š Avg Property Tax Rate For Artesia CA Properties: 1.2500%

⭐ Featured

Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF

Investor Questions For Artesia CA

Common questions from investors exploring commercial real estate in Artesia CA.

What's the overall investment potential of Artesia, CA, considering its demographics and economy? +
Artesia's median household income of $59,845, combined with a relatively low poverty rate of 10.2% and high health insurance coverage of 86.5%, suggests a stable market with a strong potential for rental income. The city's diverse population, with top ethnicities including Asian, Hispanic, and White, and a range of top industries such as Finance & Insurance and Manufacturing, also contribute to its investment appeal.
How does the commute time and transportation infrastructure impact the quality of life for renters in Artesia, CA? +
The average commute time of 24.5 minutes in Artesia, CA, along with the top commute methods of driving alone, carpooling, and working from home, indicates a relatively convenient and flexible transportation infrastructure. This, paired with the city's health insurance coverage of 86.5% and a median age of 37.7, suggests a high quality of life for renters and a stable tenant base.
What role do the top industries in Artesia, CA play in shaping the local real estate market? +
The top industries in Artesia, CA, including Finance & Insurance, Manufacturing, and Public Administration, contribute to a diverse and stable economy, which in turn supports a strong demand for housing. With a median property value of $401,800 and a homeownership rate of 51.4%, the city's industrial base helps to drive growth and investment in the local real estate market, particularly when considering the relatively low poverty rate of 10.2% and high employment rate.
How does the ethnic diversity of Artesia, CA impact the local real estate market and investment potential? +
The ethnic diversity of Artesia, CA, with top ethnicities including Asian, Hispanic, and White, contributes to a vibrant and dynamic community, which can drive demand for housing and support local businesses. This diversity, combined with the city's median household income of $59,845 and relatively low poverty rate of 10.2%, suggests a resilient and attractive market for real estate investors, particularly when considering the average commute time of 24.5 minutes and high health insurance coverage of 86.5%.
What are the key factors to consider when evaluating the investment potential of Artesia, CA, in terms of property value and taxes? +
When evaluating the investment potential of Artesia, CA, key factors to consider include the median property value of $401,800, median property taxes of $2,497, and homeownership rate of 51.4%. These factors, combined with the city's low poverty rate of 10.2%, high health insurance coverage of 86.5%, and diverse economy with top industries such as Finance & Insurance and Manufacturing, suggest a relatively stable and attractive market for real estate investors, with a strong potential for long-term appreciation and rental income.

Artesia CA Real Estate & City Facts

Key facts and real estate information about Artesia CA.

What are some of the best neighborhoods to live in Artesia? +
Some of the best neighborhoods to live in Artesia include the east parts of the city, which tend to be more desired, and the northeast regions, which offer more affordable homes. According to AreaVibes, the city has a strong sense of community and a vibrant neighborhood known for its cultural diversity and array of restaurants.
What are some fun things to do in Artesia? +
There are plenty of fun things to do in Artesia, including visiting the Cerritos Sculpture Garden, Cerritos Farmers Market, Pirate Park, Heritage Park, and Little India Village. You can also explore the downtown area in search of museums and boutiques, or check out the Cerritos Center for the Performing Arts.
What is the food scene like in Artesia? +
The food scene in Artesia is diverse and offers a variety of options, including Indian, Asian, and Japanese cuisine. Some popular restaurants include Rajdhani, NAM Kitchen, Palbang Seolleongtang, and Gyu-Kaku Japanese BBQ. There are also plenty of great food trucks and restaurants serving traditional American fare.
What are the pros and cons of living in Artesia? +
The pros of living in Artesia include its cultural diversity, vibrant neighborhood, and strong sense of community. However, some cons include the city's urban landscape and limited outdoor activities. Additionally, traffic and parking can be a challenge in some areas. Overall, Artesia is a great place to live for those who value diversity and community.
Is Artesia a good place to live? +
Yes, Artesia is a good place to live, offering a unique blend of cultural diversity, community, and convenience. While it may have some drawbacks, the city's pros outweigh its cons, making it an excellent choice for those looking for a vibrant and welcoming place to call home.

πŸ“Š Average Income For Artesia CA Commercial Property: $59,845

⭐ Featured

7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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