Cerritos, CA 90703,18620 Palo Verde AVE
Cerritos, CA 90703,18620 Palo Verde AVE
Cerritos, CA 90703,18620 Palo Verde AVE
10
$1,750,000
$1,850,000
5.4%
Est.Price: ?

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7,423 Sqft Lot

18620 Palo Verde AVE Cerritos, CA 90703

Est. payment /mo
SOLD DATE : 02/20/2025

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Key Details

Sold Price $1,750,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPW24212013

Sold Date 02/20/25

Originating Board California Regional MLS

Year Built 1969

Lot Size 7,423 Sqft

Property Sub-Type Fourplex

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
Bought with Cindy Berg

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agent

Michelle Rico

Agent | DRE# DRE# 02210817

+1(831) 406-2859

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