18620 Palo Verde Avenue
Cerritos, CA 90703
0.17 acres | #PW24212013
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 Details
- Utility FeaturesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
- Lot DescriptionFrontYard, Lawn, Level, SprinklersTimer, SprinklerSystem, Yard
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,950,000
- MLS #PW24212013
- Property SubtypeQuadruplex
- MLS #PW24212013
- Cost1850000
- Acres0.1704
- Utility SourcePublic
- Year Built1969
- Stories2
- Parking Spaces5
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Cindy Berg (#NBERGCIN)
Listing Office: Century 21 Discovery (#N508)
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