Active

18620 Palo Verde Avenue

Cerritos CA, 90703

$1,850,000


$452.99 per sqft

Active

4,084 sqft

Multi-family

Built in 1969

Listed by Cindy Berg with Century 21 Discovery 714-272-0779

Highly desired "Covington Home Quadruplex" in an EXCELLENT LOCATION!! RARELY on the market! Stand alone 4 Unit Building. Excellent condition with LONG TERM tenants. Beautiful manicured lawn with auto sprinklers. Open walk ways and yard. This 4 unit feels like its own private community! Front unit (A) is single level with 3 bedrooms, 2 baths, fireplace, front porch area, and a 1 car garage. Unit B is a single level with 2 bedroom, 2 baths and 2 single garages. Unit C is a 2 bedroom, 2 bath upper unit with a 1 car garage and a balcony. Unit D is a 1 bedroom, 1 bath upper unit with a 1 car garage. Units A, B and C all have Central Air and Forced Heating. Unit D has a wall window AC & Wall Heater. ALL 5 garages have newer roll up doors with auto openers and battery back ups, are deep and have a large storage cabinet inside. There is a coin operated Laundry room-owned by Seller and a large central water Heater for these 4 units-on a separate owner meter. Tenants pay their own gas & electric (4 separate meters). GREAT schools, Cerritos Mall, restaurants and Cerritos Performing Arts Center, all located nearby. An Investors DREAM!

PW24212013

MLS ID

October 12, 2024

Listed

December 13, 2024

Updated

Map

18620 Palo Verde Avenue
Cerritos CA, 90703

Interior Features

Total Stories

2


Appliances

Dryer, Washer


Laundry Description

Laundry Room


Floor Description

Carpet, Vinyl


Fireplace

Yes


Fireplace Description

Family Room


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

Yes


Heating Description

Forced Air, Wall Furnace

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Front Yard, Lawn, Level, Sprinklers Timer, Sprinkler System, Yard


Sewer

Public Sewer

Other Property Details

Area Name

RD - Cerritos South of 91 Frwy, W of Norwalk


Days on Market

55


Garage

Yes


Garage Spaces

5


Parking

Door-Single, Garage, Garage Door Opener, Garage Faces Rear, On Street


Parking Total

5


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

CERM

Listing History

Date

Event

Price

12/5/2024

Price change

$1,850,000

-6%

11/20/2024

Active

10/24/2024

Under contract

Listing Contact: 714-626-2000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/13/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/13/2024 at 8:36 PM UTC

 

Powered byLuxury Presence