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$ 1,950,000
Est. payment /mo
Active
18620 Palo Verde AVE Cerritos, CA 90703
7,423 Sqft Lot
UPDATED:
11/20/2024 05:19 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW24212013
Originating Board California Regional MLS
Year Built 1969
Lot Size 7,423 Sqft
Property Description
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!
Location
State CA
County Los Angeles
Area Rd - Cerritos South Of 91 Frwy, W Of Norwalk
Interior
Heating Forced Air, Wall Furnace
Cooling Central AC, Window / Wall Unit
Laundry In Laundry Room, Washer, Dryer
Exterior
Parking Features Garage, Gate / Door Opener, Off-Street Parking
Garage Spaces 5.0
Pool 31, None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 7038006013
Special Listing Condition Not Applicable
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Listed by Cindy Berg • Century 21 Discovery