18620 Palo Verde Avenue, Cerritos, CA 90703
  • MLS#: PW24212013 ( Quadruplex )
  • Street Address: 18620 Palo Verde Avenue
  • Viewed: 1
  • Price: $1,950,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1969
  • Bldg sqft: 0
  • Days On Market: 34
  • Additional Information
  • County: LOS ANGELES
  • City: Cerritos
  • Zipcode: 90703
  • Provided by: Century 21 Discovery
  • Contact: Cindy Cindy
  • California Regional MLS IDX
  • DMCA Notice
  • 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!
Property Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Association Fee
  1. 0.00
Builder Name
  1. Covington
Building Area Total
  1. 4084.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 33
Electric Expense
  1. 313.00
Entry Location
  1. ground + 1
Fireplace Features
  1. Family Room
Flooring
  1. Carpet
  2. Vinyl
Fuel Expense
  1. 980.00
Garage Spaces
  1. 5.00
Gardner Expense
  1. 960.00
Heating
  1. Forced Air
  2. Wall Furnace
Insurance Expense
  1. 1825.00
Laundry Features
  1. Dryer Included
  2. Individual Room
  3. Washer Included
Laundry Income
  1. 840.00
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Front Yard
  2. Lawn
  3. Level
  4. Sprinkler System
  5. Sprinklers Timer
  6. Yard
Netoperatingincome
  1. 94711.00
Parcel Number
  1. 7038006013
Parking Features
  1. Garage
  2. Garage Faces Rear
  3. Garage - Single Door
  4. Garage Door Opener
  5. Street
Pool Features
  1. None
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 425097400:CRM
Spa Features
  1. None
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Gas
Totalactualrent
  1. 8400.00
Totalexpenses
  1. 6929.00
Trash Expense
  1. 1207.00
Utilities
  1. Cable Available
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Available
  5. Sewer Connected
  6. Water Connected
Water Sewer Expense
  1. 1644.00
Water Source
  1. Public
Year Built
  1. 1969
Year Built Source
  1. Assessor
Zoning
  1. CERM