Cerritos, CA 90703,18620 Palo Verde AVE
Cerritos, CA 90703,18620 Palo Verde AVE
Cerritos, CA 90703,18620 Palo Verde AVE
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$1,850,000
Est. payment /mo
7,423 Sqft Lot
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UPDATED:

12/29/2024 04:05 AM

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 (2 are Tandem-can park 2 cars in each) 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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MLS Listing IDX PLUS
Listed by Cindy Berg • Century 21 Discovery

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agent

Joel Martinez

+1(831) 230-0059

Property Connection Specialist | License ID: 02338033

Property Connection Specialist License ID: 02338033

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