18620 Palo Verde Avenue Active

Cerritos,CA 90703

$ 1950000

- Bed

- Bath

4084 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,084 sqft

Price per Sqft $477

MLS Listing ID CRPW24212013

HOA Y/N No

Originating Board Datashare California Regional

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

Interior

Heating Forced Air,Wall Furnace

Cooling Central Air,Wall/Window Unit(s)

Flooring Vinyl,Carpet

Fireplace No

Laundry Dryer,Laundry Room,Washer

Building

Lot Description Level,Other,Front Yard

Water Public

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