18620 Palo Verde Avenue

Cerritos, CA 90703

PRICE REDUCED

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-$100,000 (-5.13%)

$1,850,000

List Price

N/A

bed Beds

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shower Baths

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straighten / sqft

1969

calendar_month Built

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!

Listing Information

List Price $1,850,000
Status Active
MLS PW24212013
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1969
Lot Size 7,423
Structure Size N/A
DOM 55
Courtesy Of Century 21 Discovery
Listing Agent Cindy Berg DRE#01190975

Interior Features

Laundry Information
Location(s) Laundry Room
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet, Vinyl
Fireplace Information
Features Family Room
Cooling Type
Cooling Type Central Air, Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Cindy Berg, Century 21 Discovery 714-272-0779. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 13th, 2024 at 7:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.